Precious metals claw back another chunk of recent panicky losses, gold +2.5% to $1,430/oz., and...


Precious metals claw back another chunk of recent panicky losses, gold +2.5% to $1,430/oz., and silver +2.2% to $23.47. GLD +2.4%, SLV +1.9% premarket.

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Comments (5)
  • DeepValueLover
    , contributor
    Comments (11164) | Send Message
     
    ...and the bull market continues...
    22 Apr 2013, 08:40 AM Reply Like
  • uncensored patriot
    , contributor
    Comments (61) | Send Message
     
    My bet is against that.. but I am usually wrong because I bet on what makes sense to me.
    22 Apr 2013, 09:21 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (11164) | Send Message
     
    http://on.ft.com/15BEXIS
    22 Apr 2013, 11:37 AM Reply Like
  • jag45
    , contributor
    Comment (1) | Send Message
     
    I believe GOLD is going to turn down again within a week and will remain in downtrend for about a month.
    22 Apr 2013, 11:11 AM Reply Like
  • kgroeppe
    , contributor
    Comments (13) | Send Message
     
    Remember the Byzantine Empire!! In a world that was collapsing, not only Rome, but Persia, India, China and the Arab World. the Byzantines continued until the most extreme of outside pressures until 1452, when the Renaissance was beginning. Why??? Because it finally reverted to the gold standard. This is the only way out for us, and as long as we persist in destroying our own economy, we run the risk of complete collapse, just as Rome did, and for the same reasons, depreciating the money to finance non-productive, useless wars. If the government will not protect our interests, then we must step in and do the job ourselves, by quietly acquiring gold and silver ourselves.
    By the way, if you can, check out the National Historical Museum in Athens, which has an awe-inspiring chronological collection of Byzantine coins. This will illustrate my point.
    22 Apr 2013, 11:54 AM Reply Like
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