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  • gold not rising!

    oh, so despondent am i ! :mad:

    gold's risen ever year since 2001 but it didn't go up today. should i end it all?





























  • #2
    Re: gold not rising!

    TOP your self...by BUYING $USD !!!

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    • #3
      Re: gold not rising!

      Originally posted by metalman View Post
      oh, so despondent am i ! :mad:

      gold's risen ever year since 2001 but it didn't go up today. should i end it all?




























      Sell it to me (like you, I do not mind St. Gaudens) ;)

      Comment


      • #4
        Re: gold not rising!

        Technology is great...

        Using Google to check out hookers on the street... save getting in the car, you can www browser before you make any plans !

        http://www.break.com/pictures/google...ers522699.html

        I cant see you metalman...maybe on the next corner !

        UPDATE: OOH there you are !
        ChangeinPolicy.jpg

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        • #5
          Re: gold not rising!

          well .... yes


          (just kidding )

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          • #6
            Re: gold not rising!

            Originally posted by metalman View Post
            oh, so despondent am i ! :mad:

            gold's risen ever year since 2001 but it didn't go up today. should i end it all?
            Blame it on Geithner...
            At G20 summit, Geithner pumps strong-dollar policy

            PITTSBURGH, Pennsylvania — Treasury Secretary Timothy Geithner reaffirmed the US strong-dollar policy at the opening of the Group of 20 summit, following China-led calls to review its role as a reserve currency.

            "A strong dollar is very important to the United States," Geithner said at a news conference on Thursday at the opening of the two-day summit in Pittsburgh, where leaders of the largest rich and emerging economies are discussing the global economic crisis...
            Of course he's the latest in a long, illustrious line of Treasury Secretaries including:
            Treasury Sec Repeats Strong Dollar Policy
            Mon Nov 15, 2004 04:06 AM ET


            DUBLIN (Reuters) - The United States backs a strong dollar but believes the currency market should determine exchange rates based on fundamentals, U.S. Treasury Secretary John Snow said on Monday during a visit to Ireland...

            ...The dollar fell to a seven-month low versus the yen on Monday as it resumed recent weakness due to concerns about the growing U.S. current account deficit...

            and:
            New Treasury secretary backs strong dollar
            Updated 8/1/2006

            WASHINGTON (AP) — Treasury Secretary Henry Paulson voiced support for a strong dollar on Tuesday...
            Mindful that the country must borrow $2 billion daily from foreigners to finance its huge trade deficits, Paulson, like his predecessors, expressed unwavering support for keeping the dollar's value strong against other currencies.

            "I believe that a strong dollar is in our nation's interest and that currency values should be determined in open and competitive markets in response to underlying fundamentals," Paulson said...
            Maybe Geithner will have better luck and you'll wish you'd sold your gold when it was north of $1000...

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            • #7
              Re: gold not rising!

              Oh dear -- for a minute I thought that the headline said "At G20 summit Geithner pimps strong-dollar policy."

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              • #8
                Re: gold not rising!

                We could just sell Taiwan back to China for $7.2 trillion in gold coins.

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