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Gold Getting KILLED !!!!!!!!!!!

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  • Gold Getting KILLED !!!!!!!!!!!

    Where is the "$2000 by Xmas"...........?
    I was promoised by EVERYONE !!!!!!!!!!!
    Mike

  • #2
    Re: Gold Getting KILLED !!!!!!!!!!!

    Who promised you a $2,000 print by Christmas?
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    • #3
      Re: Gold Getting KILLED !!!!!!!!!!!

      Originally posted by Mega View Post
      Where is the "$2000 by Xmas"...........?
      I was promised by EVERYONE !!!!!!!!!!!
      Mike
      Yeah. It looks like gold is rolling over. Euro at 1.30 .

      Time for a rethink.

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      • #4
        Re: Gold Getting KILLED !!!!!!!!!!!

        James Turk, Jim Siclair..............Report to Mega's office!
        Mike

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        • #5
          Re: Gold Getting KILLED !!!!!!!!!!!

          I'm kind of getting tired of all these gold threads, but maybe this deserves it's own thread:


          http://www.feketeresearch.com/upload...arter-2012.pdf


          The tendency to look at all asset classes in terms of gold is
          lacking in the financial community and the population at
          large. Therein lies the potential opportunity. The dictate
          of a government with regards to gold does not change its
          true nature. Looking at some long-term commodity charts
          with the unit of account being a gold ounce as opposed to
          a fiat Dollar throws up some very interesting
          observations.
          The chart to the left shows coffee priced in gold terms
          since 1972. An (indexed) peak of 215 was reached in
          March 1977, and a low of 11 reached very recently.
          When the newly created deposits from debt re-monetisation
          start circulating through the social system, what is likely to
          happen to the depressed (true, gold) price of coffee? It is
          likely that coffee will rise in gold terms from current levels.
          Naturally, this means that coffee is likely to rise in Dollar
          terms as well – and more so percentage wise.
          Is coffee unique in this regard?
          Certainly not. Looking at soy priced in gold terms since
          1959 (chart to the right), something similar to coffee is
          also seen. Soy peaked at over 1,060 in May 1973, and a
          low of 70 was reached in late September 2011. Similar
          trends can be seen in the other soft commodities. In
          terms of true money (gold), soft commodities have been
          falling in price since the 1970s. This trend is likely to
          reverse soon.

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          • #6
            Re: Gold Getting KILLED !!!!!!!!!!!

            Yes, i fear we see a LARGE jump in all prices once the printing starts which i suspect will be very soon. I was thinking last night if the World DID return to a Gold standard the people of India would rule the World......they will have TRILLONS of $ worth of Gold worn around their necks......

            Mike

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            • #7
              Re: Gold Getting KILLED !!!!!!!!!!!

              Sell your gold-it's end times!

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              • #8
                Re: Gold Getting KILLED !!!!!!!!!!!

                Well it really is getting killed this time.
                Will it test 1000?
                It's Economics vs Thermodynamics. Thermodynamics wins.

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