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  #1  
Old 10/6/09, 5:00 PM
Nick Gromicko's Avatar
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Default As I predicted.... Go Gold Go!

http://www.kitco.com/charts/livegold.html



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  #2  
Old 10/6/09, 6:38 PM
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Default Re: As I predicted.... Go Gold Go!

Good indicator of how jittery the president makes investors. And not just Americans.



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  #3  
Old 10/6/09, 6:49 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by jferry1 View Post
Good indicator of how jittery the president makes investors. And not just Americans.
Maybe all those buy gold commercials(24/7) are working.



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  #4  
Old 10/6/09, 6:53 PM
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Default Re: As I predicted.... Go Gold Go!




"Never underestimate the difficulty of changing false beliefs by facts."
Henry Rosovsky-Harvard

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  #5  
Old 10/6/09, 7:01 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by mlarson View Post
Highest during the Carter years. Now we're experiencing the Second Coming of Carter.



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  #6  
Old 10/6/09, 9:57 PM
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Default Re: As I predicted.... Go Gold Go!

http://www.nachi.org/forum/attachmen...1&d=1254876678
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predicted-go-gold-go-gold-chart-1975-2009.jpg  



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  #7  
Old 10/6/09, 10:13 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by gromicko View Post
Without adjusting for inflation that chart means very little.

Good luck.



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  #8  
Old 10/6/09, 10:18 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by mlarson View Post
Without adjusting for inflation that chart means very little.

Good luck.
Notwithstanding, even in absolute terms it spikes during both Carter's first and this his second term.



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  #9  
Old 10/6/09, 10:21 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by jferry1 View Post
Notwithstanding, even in absolute terms it spikes during both Carter's first and this his second term.
True but as an investment it still sucks unless you get the timing just right.



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  #10  
Old 10/6/09, 10:35 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by mlarson View Post
True but as an investment it still sucks unless you get the timing just right.
But, as an index of the level of investor jitteriness respecting incompetent politicians, it is unparalleled.



Joseph A. Ferry, Esquire
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  #11  
Old 10/6/09, 11:21 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
True but as an investment it still sucks unless you get the timing just right.
That's what I'm here for.



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  #12  
Old 10/6/09, 11:55 PM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by mlarson View Post
True but as an investment it still sucks unless you get the timing just right.
True dat

Nick, keep buying Gold with depreciating dollars if it makes you feel good, but when you sell get paid in Euros or Swiss Franks, you are just buying expensive metals with devaluing Dollars, here's the rub: the more you buy, the lower the Dollar goes

Joe, Carter only served once (1977-81), he was beaten by Ford in 1981

Regards

Gerry



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  #13  
Old 10/7/09, 12:05 AM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by gbeaumont View Post
True dat

Nick, keep buying Gold with depreciating dollars if it makes you feel good, but when you sell get paid in Euros or Swiss Franks, you are just buying expensive metals with devaluing Dollars, here's the rub: the more you buy, the lower the Dollar goes

Joe, Carter only served once (1977-81), he was beaten by Ford in 1981

Regards

Gerry
You have Ford on the wrong side of Carter's term



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  #14  
Old 10/7/09, 12:07 AM
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Default Re: As I predicted.... Go Gold Go!

Quote:
Originally Posted by mlarson View Post
You have Ford on the wrong side of Carter's term
Yeah correct Mike Reagan beat him, my bad

Gerry



Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.
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  #15  
Old 10/7/09, 1:03 AM
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Default Re: As I predicted.... Go Gold Go!

Gold goes back down for a bit tomorrow. The "mixed basket of currency replacing the dollar" story that came out today was untrue.



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Last edited by gromicko; 10/7/09 at 1:07 AM..
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