gold is for IDIOTS ! ... that is when next year's gold bubble appears on TV , gold price
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U know they had a "gold bubble" back in Jan 1980. when gold hit $950 interday.
It took 30 years to recover. Silver hit $55 about the same time and has never recovered.
Both Gold and Silver were bound to go up but it took 30 years to begin again.
No mater what they say u can not eat gold. You have to trade the gold for paper and use the paper to buy food then eat the food. All the time the Gold just sits there gathering dust for 30 years. buy rental real estate and actualy increase your position
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I don't get it.....They described the steps in a bubble, but I don't see how this relates to the point that seems to be implied in the title.....
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Get back on your time machine. Is anyone else surprised that MK would be saying this?
-frequent ZH-
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Funny they're talking about gold on TV in 09. I know there is a show on now about gold miners.
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I'm going to buy my gold AFTER this bubble pops.
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@manniman82 alot fake silver from China ! suppose Gold bars from FT KNox , just plated but not gold bars, why because paper is going to worthless , theres no way to pay back 14 trillion US Dollars , money is debt , it cant never be paid back , ask the Iluminate Federal Reserve Mafia
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@2trey4five you obv havent made a profit from precious metALS u my friend are missing out
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@itachiitachi1946 its not going to go down steeply anytime soon. inflation and other factors such as a poor economy will make sure of that.
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@biohax Silver Was never 60$/oz, the highest it has ever been was in April 2011 at 49$/oz. The way the Bernake drops money out of helicopters it wouldn't surprise me if Silver is 70$ in 18-24 months. There's no bubble, there's only short term manipulations but overall it can ONLY GO UP. Looks like you should listen to your hairdresser a bit more...
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we are about to start an american slave trade. motherfucker politicians
Mrgafa 7 months ago 6
gold doesnt bubble. It quite simply reflects the state of world economies. Gold goes up...stocks are losing. Gold goes down....stocks go up. Quite simple. PS gold also reflects inflation...gold isnt gaining value...your paper money is losing its worth. Itll keep going up until the US fixes it's economy, in other words...its going way up. 2500 buy January 2011 guaranteed.
Dalt54321 5 months ago 3