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- Jan 3, 2009
What's scary is how fast our total assets as a country are falling and how fast our debt is rising.
Does The Rise In Gold Scare Anyone Else?
- 7,355
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- Jan 3, 2009
What's scary is how fast our total assets as a country are falling and how fast our debt is rising.
- 238
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- Feb 9, 2008
Originally Posted by rashi
Most people buying gold are sticking it in a vault. Gold is not be actually USED. The demand for gold is purely for investment purposes. I am not saying all demand, but most.
Did you just totally miss my point where I mentioned that? Where I said "it isn't meant to be traded, it used for insurance purposes", like inflation. I'm just simply making the point on why Gold is so valuable.
I understand that gold is valuable but that's not what I was getting at. You don't think that the article is right when it states that the price of gold has been indexed to inflation?
NO. The price of Gold goes up because of DEMAND. Just like anything else. Have you ever heard of one of these?
And guess what? The United States isn't the only country DEMANDING Gold. India and China are the most consuming Gold hoarders in the world as of recently, and China even has Gold-backed loans and they are even planning a Gold bar sale.
If you are gonna be commenting on the economy at least know your stuff. I know this is just NT, but I love the financial markets and follow it all the time, so it pains me to see people with these wild opinions not based in any type of fact. Everybody is like the US economy is done blah blah blah. It is not if you keep up with the facts you would know the US economy is trending upward. Just two months ago everybody was saying it was going to be a double dip now no one is saying that.
Jobs report
Consumer confidence
Business confidence
Believing government statistics. Come one, dude. Unemployment has been hovering around 10% for how long now?
Although the AVI sucks. Rashi seems to be the only one on this board with a clue. Yet, there is more to the story of America.
For all the peeps who think america is done. Your crazy! we will never be done. We just wont be #1. The U.S. is a politically stable country with consumers who have a healthy appetite for consumption(look at H&M). H&M is expanding in america while our country is in a depression. Foreign Direct investments are always a safe play in america too.
Its good to read your little WSJ articles and U.S. data but its all fu fu if you cant analyze it. I know it shocking but there is a difference between summarizing and anaylizing! Futhermore, you that info you read and relate it to your reality
- 238
- 10
- Joined
- Feb 9, 2008
Originally Posted by rashi
Most people buying gold are sticking it in a vault. Gold is not be actually USED. The demand for gold is purely for investment purposes. I am not saying all demand, but most.
Did you just totally miss my point where I mentioned that? Where I said "it isn't meant to be traded, it used for insurance purposes", like inflation. I'm just simply making the point on why Gold is so valuable.
I understand that gold is valuable but that's not what I was getting at. You don't think that the article is right when it states that the price of gold has been indexed to inflation?
NO. The price of Gold goes up because of DEMAND. Just like anything else. Have you ever heard of one of these?
And guess what? The United States isn't the only country DEMANDING Gold. India and China are the most consuming Gold hoarders in the world as of recently, and China even has Gold-backed loans and they are even planning a Gold bar sale.
If you are gonna be commenting on the economy at least know your stuff. I know this is just NT, but I love the financial markets and follow it all the time, so it pains me to see people with these wild opinions not based in any type of fact. Everybody is like the US economy is done blah blah blah. It is not if you keep up with the facts you would know the US economy is trending upward. Just two months ago everybody was saying it was going to be a double dip now no one is saying that.
Jobs report
Consumer confidence
Business confidence
Believing government statistics. Come one, dude. Unemployment has been hovering around 10% for how long now?
Although the AVI sucks. Rashi seems to be the only one on this board with a clue. Yet, there is more to the story of America.
For all the peeps who think america is done. Your crazy! we will never be done. We just wont be #1. The U.S. is a politically stable country with consumers who have a healthy appetite for consumption(look at H&M). H&M is expanding in america while our country is in a depression. Foreign Direct investments are always a safe play in america too.
Its good to read your little WSJ articles and U.S. data but its all fu fu if you cant analyze it. I know it shocking but there is a difference between summarizing and anaylizing! Futhermore, you that info you read and relate it to your reality
- 21,365
- 812
- Joined
- Nov 20, 2003
Home prices will never truly get to where they were before the housing bubble burst. Huge part of our economy. I don't see the economy truly getting better for a while. There are still tons and tons of unemployed people, most lost a ton of value on their homes, 401k's were either used up or were destroyed, and the cost of living has risen with wages staying the same or dipping. Anyone who thinks we're out of the fire is misinformed.
- 21,365
- 812
- Joined
- Nov 20, 2003
Home prices will never truly get to where they were before the housing bubble burst. Huge part of our economy. I don't see the economy truly getting better for a while. There are still tons and tons of unemployed people, most lost a ton of value on their homes, 401k's were either used up or were destroyed, and the cost of living has risen with wages staying the same or dipping. Anyone who thinks we're out of the fire is misinformed.
- 967
- 10
- Joined
- Nov 30, 2007
Originally Posted by rashi
Most people buying gold are sticking it in a vault. Gold is not be actually USED. The demand for gold is purely for investment purposes. I am not saying all demand, but most.
Did you just totally miss my point where I mentioned that? Where I said "it isn't meant to be traded, it used for insurance purposes", like inflation. I'm just simply making the point on why Gold is so valuable.
I understand that gold is valuable but that's not what I was getting at. You don't think that the article is right when it states that the price of gold has been indexed to inflation?
NO. The price of Gold goes up because of DEMAND. Just like anything else. Have you ever heard of one of these?
And guess what? The United States isn't the only country DEMANDING Gold. India and China are the most consuming Gold hoarders in the world as of recently, and China even has Gold-backed loans and they are even planning a Gold bar sale.
If you are gonna be commenting on the economy at least know your stuff. I know this is just NT, but I love the financial markets and follow it all the time, so it pains me to see people with these wild opinions not based in any type of fact. Everybody is like the US economy is done blah blah blah. It is not if you keep up with the facts you would know the US economy is trending upward. Just two months ago everybody was saying it was going to be a double dip now no one is saying that.
Jobs report
Consumer confidence
Business confidence
Believing government statistics. Come one, dude. Unemployment has been hovering around 10% for how long now?
I know it is related with supply and demand as well, but to say inflation has absolutely nothing to do with it is bogus.
- 967
- 10
- Joined
- Nov 30, 2007
Originally Posted by rashi
Most people buying gold are sticking it in a vault. Gold is not be actually USED. The demand for gold is purely for investment purposes. I am not saying all demand, but most.
Did you just totally miss my point where I mentioned that? Where I said "it isn't meant to be traded, it used for insurance purposes", like inflation. I'm just simply making the point on why Gold is so valuable.
I understand that gold is valuable but that's not what I was getting at. You don't think that the article is right when it states that the price of gold has been indexed to inflation?
NO. The price of Gold goes up because of DEMAND. Just like anything else. Have you ever heard of one of these?
And guess what? The United States isn't the only country DEMANDING Gold. India and China are the most consuming Gold hoarders in the world as of recently, and China even has Gold-backed loans and they are even planning a Gold bar sale.
If you are gonna be commenting on the economy at least know your stuff. I know this is just NT, but I love the financial markets and follow it all the time, so it pains me to see people with these wild opinions not based in any type of fact. Everybody is like the US economy is done blah blah blah. It is not if you keep up with the facts you would know the US economy is trending upward. Just two months ago everybody was saying it was going to be a double dip now no one is saying that.
Jobs report
Consumer confidence
Business confidence
Believing government statistics. Come one, dude. Unemployment has been hovering around 10% for how long now?
I know it is related with supply and demand as well, but to say inflation has absolutely nothing to do with it is bogus.
- 5,689
- 59
- Joined
- May 3, 2006
it is drastic although I think most people plan to sell off at around 1500-1600 so it should loose of its value htne. But its good to invest now.
- 5,689
- 59
- Joined
- May 3, 2006
it is drastic although I think most people plan to sell off at around 1500-1600 so it should loose of its value htne. But its good to invest now.
devildog1776
Banned
- 4,949
- 139
- Joined
- Jun 2, 2008
Ain't nobody selling off for Long term... Why would I sell my Au when it basically guaranteed to go to 2000 an oz
devildog1776
Banned
- 4,949
- 139
- Joined
- Jun 2, 2008
Ain't nobody selling off for Long term... Why would I sell my Au when it basically guaranteed to go to 2000 an oz
- 9,530
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- Dec 17, 2003
No you don't, you don't need to lie Marley or is it msaba07, can't keep up with your sn's. You have never said anything semi-intelligent on nt, ever. You probably do work for an economist though, getting his/her coffee and running errands.Originally Posted by moneyisthemotive
i would school you under the table ... i have an econ degree and work as an economistOriginally Posted by FIRST B0RN
The irony of you saying "doesn't know the slightest thing about"
- 9,530
- 91
- Joined
- Dec 17, 2003
No you don't, you don't need to lie Marley or is it msaba07, can't keep up with your sn's. You have never said anything semi-intelligent on nt, ever. You probably do work for an economist though, getting his/her coffee and running errands.Originally Posted by moneyisthemotive
i would school you under the table ... i have an econ degree and work as an economistOriginally Posted by FIRST B0RN
The irony of you saying "doesn't know the slightest thing about"
- 4,122
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- Joined
- May 19, 2005
or 5000 an oz and silver 250 an oz
- 4,122
- 640
- Joined
- May 19, 2005
or 5000 an oz and silver 250 an oz
moneyisthemotive
Banned
- 2,784
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- Mar 7, 2010
moneyisthemotive
Banned
- 2,784
- 10
- Joined
- Mar 7, 2010
- 9,530
- 91
- Joined
- Dec 17, 2003
Like I said, you have never said anything semi-intelligent here, keep your streak going.Originally Posted by moneyisthemotive
im glad you know me champ, because i dont recognize your s/n at all ...
- 9,530
- 91
- Joined
- Dec 17, 2003
Like I said, you have never said anything semi-intelligent here, keep your streak going.Originally Posted by moneyisthemotive
im glad you know me champ, because i dont recognize your s/n at all ...
devildog1776
Banned
- 4,949
- 139
- Joined
- Jun 2, 2008
or 10000 and oz and silver 750 and oz
devildog1776
Banned
- 4,949
- 139
- Joined
- Jun 2, 2008
or 10000 and oz and silver 750 and oz
- 4,122
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- Joined
- May 19, 2005
well the gold/silver ratio should be around 1:16 so if thats the case then silver>gold and it is word to the manipulation by jp morgan and hsbc
- 4,122
- 640
- Joined
- May 19, 2005
well the gold/silver ratio should be around 1:16 so if thats the case then silver>gold and it is word to the manipulation by jp morgan and hsbc
- 21,365
- 812
- Joined
- Nov 20, 2003
Yeah, I need to buy more silver in a hurry.
