Your arguments are fraudulent. Cheap lawyers would be embarrassed at your spin. Gold, like everything else, needs to be bought and sold at the right time. Anybody who bought gold in 1998 would have paid $314.60 tops.Now do your figures. Your 1980 figures don't show that March 17th that year was bottom price at $480.00. Compare to Mar 17th this year and do your sums. Prices in 2007 went from $836.50 to $608.30. Those who traded tulip bulbs at the right time in the 17c made money.
Peter Schiff: Outlook for the Gold Market [View article]
"Commodities of Mass Destruction" that's a new one on me. Love the irony in your comment, shame you haven't been keeping up on current affairs following the stunning victory in Iraq !
On Dec 22 08:36 PM leemajors1964 wrote:
> I don't beleive the dollar will be allowed to collapse. The Japanese, > Chinese and OPEC are expected to tow the line. I am sure the aggreement > with them is well understood. Contrary to what the austrians think > the dollar is backed by hard assets-- lead, uranium and plutonium.
As Good as Gold? [View article]
Gold, like everything else, needs to be bought and sold at the right time.
Anybody who bought gold in 1998 would have paid $314.60 tops.Now do your figures.
Your 1980 figures don't show that March 17th that year was bottom price at $480.00. Compare to Mar 17th this year and do your sums.
Prices in 2007 went from $836.50 to $608.30.
Those who traded tulip bulbs at the right time in the 17c made money.
Peter Schiff: Outlook for the Gold Market [View article]
Love the irony in your comment, shame you haven't been keeping up on current affairs following the stunning victory in Iraq !
On Dec 22 08:36 PM leemajors1964 wrote:
> I don't beleive the dollar will be allowed to collapse. The Japanese,
> Chinese and OPEC are expected to tow the line. I am sure the aggreement
> with them is well understood. Contrary to what the austrians think
> the dollar is backed by hard assets-- lead, uranium and plutonium.