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new record?
US$1460
US$1460
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have you defeated them?
your demons -
Originally posted by eri View Post
If your American yes. For those in NZ no....the NZ dollar is still positively correlated with gold.
As an aside it seems many Americans expect the US$ to collapse:
The author of the article makes his money selling gold bullion coinsThe mission of any business enterprise should include the aim to develop economic conditions rather than simply react to them.Comment
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new record US$1479
probably not a record in polish zloty...Last edited by eri; 15-04-2011, 11:38 PM.have you defeated them?
your demonsComment
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I know this is the thread about gold, and speculation in things like property, fiat paper, bonds, non-monetary commodities etc etc, but I think we should mention the gentleman's gold, namely silver.
SilverUS$ is just 42.682. That's quite a long way from...where it was
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Originally posted by Steve Netwriter View PostI know this is the thread about gold, and speculation in things like property, fiat paper, bonds, non-monetary commodities etc etc, but I think we should mention the gentleman's gold, namely silver.
SilverUS$ is just 42.682. That's quite a long way from...where it was
"Where it was: that is a bit cryptic... I assume you refer to either the time of the Hunt brothers or alternately it could refer to what was once the normal silver to gold ratio. There are some indications the silver price is a reaction to the gold price as in silver being the poor persons gold. The royal mint last year saw a drop in its output of gold coins while its silver output rose. It may well be a price reaction with people moving to silver as the gold price is too rich for their blood. The bullion market seems flooded with speculators. We are coming to the end of the gold bull months from mid may we might see some retrenchment as the summer doldrums come into play.The mission of any business enterprise should include the aim to develop economic conditions rather than simply react to them.Comment
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broken record
US$1487
i wonder if it will get to $1500
before it gets to $900have you defeated them?
your demonsComment
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I think in the current climate it seems a pretty safe gamble to say it is more likely to hit 1500 before any retrenchment.The mission of any business enterprise should include the aim to develop economic conditions rather than simply react to them.Comment
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ding ding
US$1490
"The yellow metal also benefits from fears that loose monetary policy and rising oil prices will unleash inflation"
Last edited by eri; 18-04-2011, 04:35 PM.have you defeated them?
your demonsComment
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As they say on *** top model, "you're over thinking".
By "from where it was", SIMPLY this:
For completeness, the GoldUS$ chart:
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US$1497
who is going to do the decent thing and nudge it over the bar?have you defeated them?
your demonsComment
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$1499.....have you defeated them?
your demonsComment
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new record
US$1505have you defeated them?
your demonsComment
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Record low of the US$, GBP, EUR and a few others.....Comment
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I find this index useful to understand the movements in priceOriginally posted by Steve Netwriter View Post
The mission of any business enterprise should include the aim to develop economic conditions rather than simply react to them.Comment
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Gold up $365 or 32% over 12 months.
Silver however is up $27 or 154% over 12 months.
Wish I had bought more, silver that is."There's one way to find out if a man is honest-ask him. If he says 'yes,' you know he is a crook." Groucho MarxComment
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