The point is that they could temporarily take it down to low $1300's to scare people out of it, but somewhere there, they will need to cover...
Thanks. I think time is very, very short for the dollar, too. With each crisis there has been a panic INTO the dollar as everyone bailed out...
Do you have a link or a way to get to that particular show?
It would take the heat of a sun and a fusion reaction, I would think
In reality, I think everyone is looking at gold from the wrong perspective, because its been that way all of our lives. I am actually just...
The absolute BEST mines on the planet are $500. Goldcorp, for example in Red Lake Ont. Cash cost under $300, but add the cost for the mine and...
Take a look at GSS most recent financials, for example. Their avg grade is probably 2 or 3 gr/ton, double what some newer mines will be. As time...
You do realize that they are stripping, and then after digging that, they are digging, hauling, and processing 30 tons of ore now to get 1 oz of...
I don't feel so bad. Lasting from $12's and $13's till now was a pretty good run. I take profits when I hear cheering.
Hyperinflation is not like inflation because its not a gradual rise in prices/devaluation of currency. Instead it is a loss of confidence in...
With the government owing $14+ trillion, they can't increase rates to 7 or 8%. Real inflation is at least 5 or 6% currently, I'd bet.
They doubled the margin requirement a week or 2 ago. It had no effect this time.
If they ever stop printing confetti
Its gotten real quiet in here..........
From the looks of things this morning, I didn't do too bad selling yesterday at $35.98 either. I saw it had gone up maybe 20 cents after that,...
No, I think it went up another 20 cents after that, and then fell off, at least on the futures it did by the time I got back to my screen. I...
I sold 1/3 of mine at 36.50 yesterday. I'll redeploy the cash and profit into miners that are beaten down, I think.
Its pretty obvious that no matter how high taxes are raised that the pensions promised can never be paid, because the higher they go, the more...
It saddens me to see threads like this...
Yes, its like CONFETTI anymore. Nobody EARNS money, they just GET it from the government, it seems, who somehow sell bonds to the Fed to raise...
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