Results 1 to 7 of 7

Thread: Gold Down Today $125 To 1,375 Over 8%

  1. #1
    Banned b381l's Avatar
    Join Date
    Sep 2010
    Location
    Virginia
    Posts
    35,984

    Default Gold Down Today $125 To 1,375 Over 8%

    Huge move down. Oil down to 89.....other commodities down as well. Also, China's GDP slightly down to 7.7% annualized. Interesting that US banks are not down.

  2. #2
    Blue Chip Cocknfire55's Avatar
    Join Date
    Jul 2008
    Location
    Columbia
    Posts
    992

    Default Re: Gold Down Today $125 To 1,375 Over 8%

    Im waiting for it to go under 1000 for a chance to buy. I have a feeling this "economic recovery" is a house of cards. Maybe im just a pessimist

  3. #3
    4-Star burr's Avatar
    Join Date
    Aug 2011
    Location
    on the banks of the savannah
    Posts
    342

    Default Re: Gold Down Today $125 To 1,375 Over 8%

    Believe it or not, this price drop has not affected the actual purchase price at the 'shop', it has changed not. silver too

  4. #4
    Banneded johnnyb's Avatar
    Join Date
    Apr 2007
    Location
    He's Everywhere!
    Posts
    22,973

    Default Re: Gold Down Today $125 To 1,375 Over 8%

    Quote Originally Posted by burr View Post
    Believe it or not, this price drop has not affected the actual purchase price at the 'shop', it has changed not. silver too
    yeah, you cant buy the actual PM at the market price, just the "shares"



    To argue with a man who has renounced the use and authority of reason is like administering medicine to the dead.

  5. #5
    Grumpy Old Fart The Yancey's Avatar
    Join Date
    Nov 2005
    Location
    Sunshiny Florida
    Posts
    28,781

    Default Re: Gold Down Today $125 To 1,375 Over 8%

    Order Of The Spur

    I miss Old Cocky Talk



  6. #6
    Banneded johnnyb's Avatar
    Join Date
    Apr 2007
    Location
    He's Everywhere!
    Posts
    22,973

    Default Re: Gold Down Today $125 To 1,375 Over 8%

    Silver hit under 19 at one point yesterday...I think when it finally bursts we will see sub 10 prices again...good luck buying it at that tho... Cheapest I have seen it online is around 23 shipped



    To argue with a man who has renounced the use and authority of reason is like administering medicine to the dead.

  7. #7
    Raisinballin' taylorssc's Avatar
    Join Date
    Aug 2009
    Location
    Anderson
    Posts
    8,209

    Default Re: Gold Down Today $125 To 1,375 Over 8%

    Precious metals and the dollar will continue to fall until Bernanke speaks to Congress again.

    Look to pharmaceuticals/pharmaceutical funds for growth in the short term.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •