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Markets react to Obama speech: Gold spikes $23 at open
Kitco ^

Posted on 09/07/2012 5:54:41 AM PDT by vikingd00d

Chart


TOPICS: Business/Economy; News/Current Events
KEYWORDS: gold; obama

1 posted on 09/07/2012 5:54:47 AM PDT by vikingd00d
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To: vikingd00d

2 posted on 09/07/2012 5:56:11 AM PDT by vikingd00d (chown -R us ./base)
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To: vikingd00d

obviously gold will continue to go up

for it to go down... SOMETHING would have to happen to strengthen the dollar

can you remember the last thing this admin did to strengthen the dollar?


3 posted on 09/07/2012 5:58:11 AM PDT by sten (fighting tyranny never goes out of style)
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To: vikingd00d

Gold went up following NFP report. Not Obungles’ speech..


4 posted on 09/07/2012 6:02:05 AM PDT by GnL
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To: vikingd00d

Gold up $25.00 per oz, is not a good sign for Obama.

If “O” is reelected prices for everything will skyrocket.


5 posted on 09/07/2012 6:05:41 AM PDT by chainsaw ("Two ways to conquer and enslave a nation. One is by the sword. The other is by debt.")
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To: GnL
...but the unemployment rate dropped to 8.1% (listen in whiny liberal voice)...

Obama's policies are working.

6 posted on 09/07/2012 6:09:27 AM PDT by Aevery_Freeman (All Y'all White Peoples is racist!)
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To: vikingd00d

The death knell of western culture is being sounded by the economic gurus in Europe and he United States. Three generations of deficit spending, uncontrolled borrowing, unfunded entitlements and governmental restraints on productive capitalism has led to economic catastrophe. These gurus especially Bernacke have served their political masters with financial gimmickry which does not address the core problems, but instead are designed to maintain the unsustainable consumption patterns and the faux lifestyles. More capital is squandered. The fall will be even greater. Gold is the final refuge. Asian central banks are wisely buying gold and lessening their exposure to dollars and euros. Historians will rank Bernacke as perhaps the worst public official ever appointed to high office.


7 posted on 09/07/2012 6:13:13 AM PDT by allendale
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To: vikingd00d

He was for Simpson-Bowles before he was against it, before he was for it. The right doesn’t buy it, most of the center does not buy it, and the left is roiling P.O.-ed at him for embracing “austerity”. He’s up the creek without a paddle and the markets know it.


8 posted on 09/07/2012 6:15:35 AM PDT by Buckeye McFrog
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To: allendale

Word, bro.


9 posted on 09/07/2012 6:19:16 AM PDT by 867V309
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To: vikingd00d

Obama... what a guy!!


10 posted on 09/07/2012 6:20:15 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: vikingd00d
Photobucket
11 posted on 09/07/2012 6:35:45 AM PDT by Huskrrrr
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