Pages

Jump to bottom

5 comments

1 engineer cat  Fri, Apr 12, 2013 12:01:06pm

it was clearly an investment bubble, furiously stoked by online and tv ads forecasting immanent financial collapse

any student of financial/investment history would have clearly seen that the price had to peak and decline sooner or later, and that any investor would need to carefully guess when would be a good time to cash in and get out

2 Aligarr  Fri, Apr 12, 2013 12:09:25pm

Gold has been climbing since $ 330 an ounce .Market is up , there’s tons of money on the sidelines starting/ waiting to jump into equities . The Drop in Gold should have been predictable to investors . I bought at $331 and set a sell at $1250 . Some said it would surpass $2000 .

3 Destro  Fri, Apr 12, 2013 12:21:26pm

re: #1 engineer cat

God knows how many people get gold fever watching those gold mining shows where people spend fortunes looking for gold and barely find any to cover their costs. The only way they make money is from the show itself. But it fuels those people out there in the red states that have gold fever and dream they could go out into Alaska and find gold and become rich.

4 kirkspencer  Fri, Apr 12, 2013 12:54:08pm

Peak of slightly over $1880 in July of 2011, gradual decline since (but with occasional spikes). I wouldn’t touch it these days.

5 Cap'n Magic  Sat, Apr 13, 2013 9:07:22pm

As a commodity, GLD has had a decent run. But when the goldbugs keep screaming that gold is money, I ask them to show me on their buillion slabs where it states that this bullion is valid for all US debts private and public.

Sadly a lot of these goldbugs also subscribe to the Austrian Theory economists, who have yet to show that any such Austrian-based economy exists in the real world, and can’t come up with a definition as to what ‘honest money’ really is.


This page has been archived.
Comments are closed.

Jump to top

Create a PageThis is the LGF Pages posting bookmarklet. To use it, drag this button to your browser's bookmark bar, and title it 'LGF Pages' (or whatever you like). Then browse to a site you want to post, select some text on the page to use for a quote, click the bookmarklet, and the Pages posting window will appear with the title, text, and any embedded video or audio files already filled in, ready to go.
Or... you can just click this button to open the Pages posting window right away.
Last updated: 2016-01-01 10:29 am PST
LGF User's Guide RSS Feeds Tweet

Help support Little Green Footballs!

Subscribe now for ad-free access!Register and sign in to a free LGF account before subscribing, and your ad-free access will be automatically enabled.

Donate with
PayPal
Square Cash Shop at amazon
as an LGF Associate!
Recent PagesClick to refresh
Orville Peck - ‘Turn to Hate’ (Live at WFUV)wfuv.org • Follow @wfuv: ow.ly Orville Peck performs "Turn To Hate" live in Studio A. Recorded 4/26/19. Host: Russ BorrisAudio: Jim O'HaraCameras: Nora Doyle, Dan Tuozzoli, Brian Gallagher and Michael L'AbbbateEditor: Nora Doyle and Dan Tuozzoli
Thanos
2 days, 10 hours ago
Views: 280 • Comments: 0 • Rating: 0
Tweets: 4 • Share to Facebook
Shares: 0
Comments: 0
: 0
Vampire Weekend - This Life (Official Video)Father of the Bride available now: smarturl.it #VampireWeekend #FatherOfTheBride
Thanos
2 days, 10 hours ago
Views: 284 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Molly Tuttle at Paste Studio NYC Live From the Manhattan Center1. Take the Journey 0:232. Messed With My Mind 6:393. Sleepwalking 12:214. Light Came In (Power Went Out) 18:11 Watch Molly Tuttle live at Paste Studio NYC! More sessions and interviews here: pastemagazine.com Audio: Bob MalloryVideo: Brad Wagner
Thanos
2 days, 10 hours ago
Views: 268 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
The Raconteurs - ‘Help Me Stranger’ (Official Music Video) Music video for The Raconteurs new single “Help Me Stranger” from their forthcoming album HELP US STRANGER – out June 21st. Pre-order & pre-save HELP US STRANGER here: theraconteurs.lnk.to Director: Yasuhiko ShimizuDirector of Photography: Shunya AraiProducer: Takashi SugaiStylist: Tomohiko ...
Thanos
3 days, 21 hours ago
Views: 344 • Comments: 0 • Rating: 0
Tweets: 2 • Share to Facebook
Shares: 0
Comments: 0
: 0
‘The Maldives Mystery’ Resolved This is a response to the Academic Agent's "Climate Change -- The Maldives Mystery." I am currently on assignment and won't be able to list sources for at least another week. My apologies for the delay. This is also ...
Thanos
4 days, 4 hours ago
Views: 324 • Comments: 0 • Rating: 0
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
Lil Nas X - Old Town Road (Official Movie) Ft. Billy Ray Cyrus Official video for Lil Nas X’s Billboard #1 hit, “Old Town Road (Remix)” featuring Billy Ray Cyrus. Special guest appearances from Chris Rock, Haha Davis, Rico Nasty, Diplo, Jozzy, Young Kio, and Vince Staples. Listen & Download “Old Town ...
Thanos
4 days, 4 hours ago
Views: 368 • Comments: 0 • Rating: 0
Tweets: 3 • Share to Facebook
Shares: 0
Comments: 0
: 0
Down on the PromenadeProvided to YouTube by CDBaby Down On the Promenade · Marc Monroe Copasetic ℗ 2013 Mark Kelton Released on: 2013-04-23 Auto-generated by YouTube.
Thanos
1 week ago
Views: 562 • Comments: 1 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Dido - Take You Home (Official Video) The official video for Take You Home, taken from Dido's new album, Still On My Mind. Buy now: dido.lnk.to Follow DidoOfficial site - didomusic.comFacebook - facebook.com Instagram - instagram.comTwitter - @didoofficial Jordan Rossi (Video Producer), John RankinWaddell (Video Director) ...
Thanos
1 week ago
Views: 554 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Norah Jones - Begin Again (Live on the Today Show)‘Begin Again’ comes from Norah Jones’s latest compilation of the same name.Listen to the full compilation here: norahjones.lnk.to See Norah live: norahjones.lnk.to Connect with Norah:norahjones.comfacebook.com@norahjonesinstagram.com #NorahJones #BeginAgain vevo.ly
Thanos
1 week ago
Views: 604 • Comments: 0 • Rating: 0
Tweets: 2 • Share to Facebook
Shares: 0
Comments: 0
: 0
Bill Evans ‘Peace Piece’ Virtual Museum Exhibit: Pasos Peace Museum (visit: www. pasospeacemuseum.org)—Bill Evans's "Peace Piece" is an unrehearsed modal composition that he recorded for his "Everybody Digs Bill Evans" LP in 1958. It is hailed as one of the most beautiful and ...
Thanos
1 week, 1 day ago
Views: 458 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0