Gold tops $1700 per ounce today!

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  • vsex
    Confirmed User
    • Aug 2010
    • 1277
    #1

    Gold tops $1700 per ounce today!

    Buy those precious metals, guns and canned goods!
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    • The Demon
      Confirmed User
      • Apr 2003
      • 7336
      #2
      Waiting to hear from the "precious metals are a bubble!!" crowd.
      Greed is Good

        Comment

        • Emil
          Confirmed User
          • Feb 2007
          • 5655
          #3
          Of course it's a bubble. A bubble that is starting to grow bigger and bigger. I assume it will grow a lot bigger until it pops. We've seen nothing yet. The same with silver.
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            • The Demon
              Confirmed User
              • Apr 2003
              • 7336
              #4
              Originally posted by Emil
              Of course it's a bubble. A bubble that is starting to grow bigger and bigger. I assume it will grow a lot bigger until it pops. We've seen nothing yet. The same with silver.
              Not sure if you understand what a bubble is. Or rather, fairly positive that you don't.
              Greed is Good

                Comment

                • JamesGw
                  Confirmed User
                  • Apr 2011
                  • 1237
                  #5
                  I wouldn't be surprised to see it above $2000 by the end of the year.
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                    Comment

                    • Paul&John
                      Confirmed User
                      • Aug 2005
                      • 8617
                      #6
                      Originally posted by JamesGw
                      I wouldn't be surprised to see it above $2000 by the end of the year.
                      Or sooner ;)
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                        • pornmasta
                          Too lazy to set a custom title
                          • Jun 2006
                          • 19814
                          #7
                          Look, gold !

                            Comment

                            • Agent 488
                              Registered User
                              • Feb 2006
                              • 22511
                              #8
                              if gold is up it means things are in the shitter don't get too excited.

                                Comment

                                • pornmasta
                                  Too lazy to set a custom title
                                  • Jun 2006
                                  • 19814
                                  #9
                                  gold is nearly useless.

                                    Comment

                                    • Emil
                                      Confirmed User
                                      • Feb 2007
                                      • 5655
                                      #10
                                      Originally posted by The Demon
                                      Not sure if you understand what a bubble is. Or rather, fairly positive that you don't.
                                      So you think gold will go up forever and never fall down?
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                                        Comment

                                        • The Demon
                                          Confirmed User
                                          • Apr 2003
                                          • 7336
                                          #11
                                          Originally posted by Emil
                                          So you think gold will go up forever and never fall down?
                                          No, but I appreciate the intentional misrepresentation of my post (Hint: strawman). Gold not being a bubble has absolutely nothing to do with its rise in price relative to the dollar or other currencies.
                                          Greed is Good

                                            Comment

                                            • JFK
                                              FUBAR the ORIGINATOR
                                              • Jan 2002
                                              • 67369
                                              #12
                                              Originally posted by pornmasta
                                              Look, gold !

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                                                Comment

                                                • Brujah
                                                  Beer Money Baron
                                                  • Jan 2001
                                                  • 22157
                                                  #13
                                                  Gold will hit $3500 by tomorrow!

                                                    Comment

                                                    • strobi
                                                      Confirmed User
                                                      • Nov 2002
                                                      • 7383
                                                      #14
                                                      I'm still buying

                                                        Comment

                                                        • IllTestYourGirls
                                                          Ah My Balls
                                                          • Feb 2007
                                                          • 14311
                                                          #15
                                                          JP just predicted that it will be $2500 by the end of the year. so I would sell now ha.

                                                            Comment

                                                            • facialfreak
                                                              Confirmed User
                                                              • Feb 2005
                                                              • 3018
                                                              #16
                                                              Originally posted by JamesGw
                                                              I wouldn't be surprised to see it above $2000 by the end of the year.
                                                              JP Morgan on Monday forecast spot gold prices reaching $2,500.00 an ounce by year-end.

                                                              Even Kitco's December futures target is now $1830.00

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