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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:28 AM Original message |
Is gold rising because America is broke? |
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Cassandra (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:30 AM Response to Original message |
1. I think it's partially a weaker dollar... |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:49 AM Response to Reply #1 |
14. And right now, and this is me trying to pick apart whether it is a bubble or not, gold and silver... |
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Poboy (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 12:32 PM Response to Reply #1 |
25. University of Texas Takes Delivery of $1 Billion in Gold Bullion |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:34 PM Response to Reply #25 |
29. Delete. |
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sendero (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:31 AM Response to Original message |
2. In a word.. |
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geckosfeet (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:38 AM Response to Reply #2 |
6. And in that vein, the lower dollar value means you need more of them to buy the same oz of gold. |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:41 AM Response to Reply #2 |
10. See, that, in a nutshell, is how I see it. |
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HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:32 AM Response to Original message |
3. What do the SELLERS know? |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:40 AM Response to Reply #3 |
9. The Sellers know how to short gold when it crashes |
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HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:48 AM Response to Reply #9 |
13. Something like that, I'm guessing at least profit taking |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:33 AM Response to Original message |
4. It is amazing to me that when people are confronted with a bubble they can't see a bubble. |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:46 AM Response to Reply #4 |
11. I could be wrong about this, so be patient with me, but in a situation where... |
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geckosfeet (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:54 AM Response to Reply #11 |
15. See this interview - |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 10:09 AM Response to Reply #11 |
19. Sure ... |
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Andy823 (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 09:52 AM Response to Reply #4 |
18. +1,000,000 |
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mmonk (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:35 AM Response to Original message |
5. Lots of reasons. |
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Taitertots (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:39 AM Response to Original message |
7. The gold price keeps raising because the mindless herd investors are flocking to it |
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Canuckistanian (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:39 AM Response to Original message |
8. Partly because the $USD is going down |
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Jim__ (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:47 AM Response to Original message |
12. Is gold rising because it is constantly being pushed by various media people? |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:55 AM Response to Reply #12 |
16. I agree about the article. I don't think IBT is a particularly sage source of... |
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Jim__ (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 03:06 PM Response to Reply #16 |
27. I think the statement:: "It's only a bubble if there's some better place to invest their dollars... |
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Yo_Mama (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 09:15 AM Response to Original message |
17. The dollar is declining |
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Loge23 (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 11:48 AM Response to Reply #17 |
24. Yes, it's not like the country will disappear! |
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Yo_Mama (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:20 PM Response to Reply #24 |
28. Yes, but we could see a deflating domestic economy |
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MineralMan (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 10:13 AM Response to Original message |
20. Gold Is So Last Week! The Really Smart Investors are Buying |
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madrchsod (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 11:04 AM Response to Reply #20 |
22. i heard through the grape vines that tulips are the next big investment |
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MineralMan (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 11:05 AM Response to Reply #22 |
23. Really. Where can I buy some hot bulbs? |
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madrchsod (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 11:02 AM Response to Original message |
21. no..it`s speculation based on greed |
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DFW (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 12:43 PM Response to Original message |
26. There are several factors to consider. Gold is high, but not a bubble |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Sun Apr-24-11 08:36 PM Response to Original message |
30. Rampant monetary inflation is the reason for high gold. |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 05:03 AM Response to Original message |
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