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Yellow Jacket Join Date: Jun 2012
Posts: 1,511
Liked: 671 times | Today's Top Stories 1 - 6 of 12 Gold on track for biggest annual loss in three decades http://ca.news.yahoo.com/precious-go...070100122.html |
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Ground Beetle Join Date: Oct 2011 Location: Here, There, and Everywhere
Posts: 633
Liked: 388 times |
![]() Wish I had moolah, I would jump at these prices. Problem is that no parts sales equals no moolah equals no jump. Of course, that is one of the reasons for these low prices - OCare has sucked all of the available moolah (and then some) out of the economy so no one has any spare moolah. Even at that, PMs are right where they should be at the end of the year - low. Typically, though not always, metals of all kinds bottom out the last week of the year then rally into Easter. So, since metals have been such a drag on the market for months, I do expect a rally starting next week. How far? No clue, but probably not above $26 basis silver. The Drudge is just confirming my expectations.
__________________ If you keep doing what you are doing, You will keep getting what you are getting. If you don't like what you are getting, You must change what you are doing. http://mmerlinn.com GOLD is the money of KINGS. SILVER is the money of GENTLEMEN. BARTER is the money of PEASANTS. DEBT is the money of SLAVES. - Norm Franz | |
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Predaceous stink bug Join Date: Jun 2012 Location: In the middle
Posts: 179
Liked: 42 times | Well the "crash" didn't last long. |
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Yellow Jacket Join Date: Nov 2011 Location: off world
Posts: 1,996
Liked: 882 times | bit like bitcoin then ![]() only up $40 today and generally fairly steady around $750 .......... ![]()
__________________ if it cant be done with a digger .... it cant be done |
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Predaceous stink bug Join Date: Jun 2012 Location: In the middle
Posts: 179
Liked: 42 times | I kind of figured that gold at least, would come back down a little after its jump this morning. |
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