Price of Gold falling like a rock
- Thread starter Oakview2
- Start date
Jason in Enid
Gold Member
- Oct 10, 2009
- 9,581
- 9,202
- Primary Interest:
- All Treasure Hunting
Oops, I was wrong. Sorry about that.
Aurabbit79er
Sr. Member
- Oct 29, 2012
- 450
- 294
- Detector(s) used
- A cheap little Bounty Hunter
- Primary Interest:
- All Treasure Hunting
OK i think you all need to juts hang on.
Look at this chart.
This is a correction and the normal progress in hot commodities.
Look at this chart.
This is a correction and the normal progress in hot commodities.
Ammonhotep
Sr. Member
- Apr 21, 2012
- 429
- 242
- Detector(s) used
- Radio Shack Lone Star, baby!
- Primary Interest:
- All Treasure Hunting
Gold is impacted by speculative investing, just like everything else. I'm a trained sociologist, so trust me (or not) when I say that the social patterns of investing will change as knowledge of social investment patterns change. If you can stay ahead of the curve (perceive the patterns before others) then you'll come out ahead. But for every dollar you make with speculative investments someone else will lose a dollar.
Granted, because of its use value gold will never become as volatile as stocks (which appear to move with near zero correlation to actual company value). Only if its use value increases does it remain a wise investment.
As many have said, you can't eat gold if/when a real crisis hits.
Granted, because of its use value gold will never become as volatile as stocks (which appear to move with near zero correlation to actual company value). Only if its use value increases does it remain a wise investment.
As many have said, you can't eat gold if/when a real crisis hits.
Last edited:
Hoser John
Gold Member
Gold goes up and gold goes down. The sun comes up and the sun goes down. People are born and then your dying from that second on. Gold is up this past year in the $1,000 an oz range. Hello as that's immense and every market be it mineral,commodity or corporations will have corrections to stabilize rocketing rises. The money changers will always pontificate,predicate, and pick your pocket to the live long day. Mine smart,sell high and stash for your future....and benefit greatly all the days left in your short span on this blue marble-John
Last edited:
pat-tekker-cat
Gold Member
Ok, I got another one, besides beans, bullets, and bullion, or
god, guns, and gold, one can also say,
Allaha, amaranth, and ammo!
(that was Allaha, don't be jumping down my throat if you see it as allah, learn your Aramaic)
Most of my gold was obtained when it was anywhere between $300 to $800 and oz., so I already know there is profit.
HH all.......
god, guns, and gold, one can also say,
Allaha, amaranth, and ammo!
(that was Allaha, don't be jumping down my throat if you see it as allah, learn your Aramaic)
Most of my gold was obtained when it was anywhere between $300 to $800 and oz., so I already know there is profit.
HH all.......
Last edited:
Top Member Reactions
-
3480 -
1986 -
1912 -
1160 -
1090 -
1010 -
889 -
864 -
860 -
795 -
759 -
676 -
659 -
567 -
508 -
453 -
447 -
410 -
401 -
E
398
