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1 FemNaziBitch  Mon, Apr 15, 2013 12:49:42pm

FDR made the price of gold $35.00 way back when.

Now I hear the Fox News Drones are buying Silver. We get to watch it climb to unknown heights.

2 William Barnett-Lewis  Mon, Apr 15, 2013 3:28:25pm

When it’s down to around $600 again & silver is proportionate, I’ll be happy. Then maybe the gold bugs will shut up and I’ll be able to afford a nice collection of Morgan & Peace dollars and maybe some Thalers too.

3 Skip Intro  Mon, Apr 15, 2013 4:27:53pm

re: #1 FemNaziBitch

FDR made the price of gold $35.00 way back when.

Now I hear the Fox News Drones are buying Silver. We get to watch it climb to unknown heights.

Already been there, seen that. It didn’t end up well, either.

4 Aligarr  Mon, Apr 15, 2013 6:56:47pm

Gold was at $ 30 in 1967. It went to $800 and then dropped to $400 . Gold goes up when th markey goes down . The high prices were a sign of no confidence in the dollar or the economy . With the market approaching 15 , gold has nowhere else to go but down . There are tons of money waiting to jump into equities again ….thus confidence in the economy and the market …that’s why it’s good news .
Of course the pessimism and fear has been hyped and partially driven by Conservative talk show hosts predicting doom and gloom [which is secretly their wish] but then reality intrudes . Gold is not finished going down .

5 Aligarr  Tue, Apr 16, 2013 11:13:05am

The inflation that all the gold buyers and sellers were betting on ….fizzled out . Inflation is expected to be at or below 2% throughout 2013 .

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