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Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 05/28/2010 : 14:26:48
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One of my "fair and balanced" threads. 
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Think positive. |
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brian0918
Penny Collector Member
USA
315 Posts |
Posted - 05/28/2010 : 14:49:33
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| We're still nowhere near the inflation-adjusted high in gold prices from a few decades ago, and you would be a fool to believe that the US is on a better economic foundation than these other countries with sovereign debt crises. I think the company is just trying to get people to sell their gold so they can buy it up for cheap. ;) |
"The man who speaks to you of sacrifice, speaks of slaves and masters. And intends to be the master." -- Ayn Rand
Searched: $2230 Nickels; Liberty: 1; Buffalo: 4; War: 20; 2009: 2; 2010D: 8 |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 05/28/2010 : 18:03:01
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| The author ought to try to sell that nonsense to those Greeks who are currently paying up to $1700 an ounce for physical gold on the black market. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 05/28/2010 : 20:09:20
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"Natixis expects that prices could well top out around current levels, before starting a protracted slide. Such a scenario would be hastened by a continuing improvement in the global economic outlook, in particular once it has enabled the US Federal Reserve to begin withdrawing monetary stimuli."
You're kidding right? By the time Bernenke realizes that it is time for a tight Fed policy it will be too late. |
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Copper Catcher
Administrator
USA
2092 Posts |
Posted - 05/29/2010 : 07:24:44
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| It is already too late! |
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Gold Crash?
Forum Locked
