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- - Why metals down? (http://goldismoney.info/forums/showthread.php?t=81002)

cb&julie | 11-08-2006 01:54 PM
Why metals down? With the commies taking control?

Grad | 11-08-2006 01:56 PM
Re: Why metals down? Rumsfield is out = the war might be close to over The war is over = gold goes down big time.

cb&julie | 11-08-2006 01:58 PM
Re: Why metals down? Who actually thinks that the war is close to over? No one in their right mind must think that. Why war over = gold down?

Grad | 11-08-2006 02:01 PM
Re: Why metals down? Quote:
Originally Posted by cb&julie (Post 410500) Who actually thinks that the war is close to over? No one in their right mind must think that. Why war over = gold down?
'cause war adds big premium to the price of gold . In times of worries (= war) Gold is high. During war-time governments tend to print a lot of money to finance the war.

cb&julie | 11-08-2006 02:04 PM
Re: Why metals down? I generally understand that principle but the all-time high of gold and the run up to it occured during a time without a conflict (late 70's and early 80's).

Horn | 11-08-2006 02:07 PM
Re: Why metals down? Quote:
Originally Posted by Grad (Post 410498) Rumsfield is out = the war might be close to over The war is over = gold goes down big time.
Oil stops flowing = gold explosion. Simply a retreat before liftoff.

Anty Ep | 11-08-2006 02:07 PM
Re: Why metals down? used to be dems stood for use of fiscal stimulus, which would push inflation. these days, Bushy has spent more per household since LBJ, so, maybe people think federal spending will go down. eh? crazy I know but possible.

Big_Rob | 11-08-2006 02:09 PM
Re: Why metals down? Quote:
Originally Posted by cb&julie (Post 410493) With the commies taking control?
Democrats drag anyone who's making any money in front of congress for congressional hearings. Look at what Nancy PaHOEse said shes going to do in her first 100 days - Drag oil companies in front of congress to explain why they are making so much money...

cb&julie | 11-08-2006 02:10 PM
Re: Why metals down? Bush has spent more per household than the European kings of the ancient regime spent on their own courts!

Grad | 11-08-2006 02:11 PM
Re: Why metals down? Quote:
Originally Posted by cb&julie (Post 410511) I generally understand that principle but the all-time high of gold and the run up to it occured during a time without a conflict (late 70's and early 80's).
The above is just to illustrate the common train of thoughts in sheeple leading to the conclusion that Rumsfeld resignation is bearish for gold. I personally to not adhere to this. IMHO gold will go up anyhow, regardless of Democrats or Repablicans, FEDs or Rumsfelds. And the reason for that would be: inverted Yield curve, housing slamp, huge debt, outsourcing of economy, baby-boomers retirement, .... I am in the same camp as you :)

mamboni | 11-08-2006 02:16 PM
Re: Why metals down? All shrewd GIMers are keeping their powder dry, and watching and waiting for next the bip bop on the metlals, so they can buy another bundle of silver and gold at bargain prices!:beer: :getdown: :birthday: :cool2:

cb&julie | 11-08-2006 02:16 PM
Re: Why metals down? Quote:
Originally Posted by Grad (Post 410529) The above is just to illustrate the common train of thoughts in sheeple leading to the conclusion that Rumsfeld resignation is bearish for gold. I personally to not adhere to this. IMHO gold will go up anyhow, regardless Democrats or Repablicans, FEDs or Rusfelds. And the reason for that would be: inverted Yield curve, housing slamp, huge debt, outsourcing of economy, baby-boomers retirement, .... I am in the same camp as you :)
Ah, the old quick sheeple test... I'm just wondering about today. I thought there would be a reaction to the dem party success. The stock market, for instance, went down on news that their comrades were in control.

cb&julie | 11-08-2006 02:18 PM
Re: Why metals down? Quote:
Originally Posted by mamboni (Post 410540) All shrewd GIMers are keeping their powder dry, and watching and waiting for next the bip bop on the metlals, so they can buy another bundle of silver and gold at bargain prices!:beer: :getdown: :birthday: :cool2:
What discount? The price will never get below $11.50 again.

mamboni | 11-08-2006 02:19 PM
Re: Why metals down? Quote:
Originally Posted by cb&julie (Post 410544) What discount? The price will never get below $11.50 again.
We shall see......:bandit:

cb&julie | 11-08-2006 02:21 PM
Re: Why metals down? Quote:
Originally Posted by mamboni (Post 410546) We shall see......:bandit:
Wait, you're right. I'm wating for it to get to $6.75 so I can back the truck up.

Grad | 11-08-2006 02:24 PM
Re: Why metals down? Quote:
Originally Posted by cb&julie (Post 410541) Ah, the old quick sheeple test... I'm just wondering about today. I thought there would be a reaction to the dem party success. The stock market, for instance, went down on news that their comrades were in control.
I guess the probability is in there that we gonna get hit hard during the couple next days :afraid: . After that the hipe will be over and the bad news-es will find their way back to the roost again. Then the reality will be coming back with vengeance. :stickyman

Horn | 11-08-2006 02:25 PM
Re: Why metals down? All wisepersons are writing checks presently, this is the reason for the delay in the uptrend in PM.:D

Grad | 11-08-2006 03:03 PM
Re: Why metals down? Quote:
Originally Posted by Big_Rob (Post 410522) Democrats drag anyone who's making any money in front of congress for congressional hearings. Look at what Nancy PaHOEse said shes going to do in her first 100 days - Drag oil companies in front of congress to explain why they are making so much money...
That is what gonna push already barely hanging economy off the cliff. :( The last thing you need in times like ours is socialism.

sliver | 11-08-2006 08:17 PM
Re: Why metals down? Quote:
Originally Posted by Grad (Post 410595) That is what gonna push already barely hanging economy off the cliff. :( The last thing you need in times like ours is socialism.
do a web search on 'corporate welfare'

lhslancers | 11-08-2006 08:20 PM
Re: Why metals down? Gold touched 630 two day srunning and closed near the bottom of the range showing it was meeting resistance near the highs. Today was a fait accompli. :tongue:

Anty Ep | 11-09-2006 10:34 AM
Re: Why metals down? Quote:
Originally Posted by Anty Ep (Post 410516) used to be dems stood for use of fiscal stimulus, which would push inflation. these days, Bushy has spent more per household since LBJ, so, maybe people think federal spending will go down. eh? crazy I know but possible.
that's what I said yesterday. as you can see from this article, the financial press bozos read my comment and tried to build an article around it. plagiarism! http://www.thestreet.com/_yahoo/mark...&amp;cm_ite=NA Quote:
Midterm election victories for the Democrats sent gold prices lower Wednesday, with the turn in power is seen calming anxiety over U.S. government spending. But observers see the pullback as a temporary phenomenon.

Big_Rob | 11-09-2006 11:12 AM
Re: Why metals down? Quote:
Originally Posted by sliver (Post 410929) do a web search on 'corporate welfare'
Tax breaks are corporate welfare? I wonder how much the oil corporations pay in taxes to begin with. Why must do we always feel the need to over tax the rich just so we can re-distribute the wealth to the poor? Isnt that the second plank of the communist manifesto? 2. A heavy progressive or graduated income tax. Misapplication of the 16th Amendment of the U.S. Constitution, 1913, The Social Security Act of 1936.; Joint House Resolution 192 of 1933; and various State "income" taxes. We call it "paying your fair share". Why dont you read this to see how the oil companies really make their money... http://www.washingtonpost.com/wp-dyn...080501997.html

RealJack | 11-09-2006 01:45 PM
Re: Why metals down? Quote:
Originally Posted by cb&julie (Post 410511) I generally understand that principle but the all-time high of gold and the run up to it occured during a time without a conflict (late 70's and early 80's).
Huh? There was too conflict. And it was with Iran. Remember the hostage crisis?

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