Why Gold is jumping?
- Thread starter Daal
- Start date
agree... here's a pretty good read ;-))http://www.goldismoney.info/forums/showthread.php?t=4856Quote from bighog:
Because the worlds financial system is nothing more than a house of cards with the foundation being credit and stealing from the other guy/gal.
One slip my by some podunk country and the jig is up.....
interesting, thanks setharb http://www.dgcx.ae/Products.htm?stoppedTime=2528
Quote from SethArb:
feb 2006 futures hit $500 with DEC 05 futures
hitting a shade under $496 ...
"sellers over "since then ...
nice range overnight so far
Treasury rates are going lower after fed mins released... makes it less attractive to hold notes and more attractive to hold the tangibles...
I guess I cant understand the notion that gold will rise based on a dollar drop...
I'd be more worried about debt instruments based on the Euro...if the Eruo collapses, what's next....
if the US dollar collapses, you pay $50 for a pizza...but you know where you stand....
When the Euro collapses, what would replace it?
I never understood why the Euro was created to start with....the budget deficit targets of individual Euro countries were defacto junked last year......
the Euro is more blue smoke than the US dollar is.......
I'd be more worried about debt instruments based on the Euro...if the Eruo collapses, what's next....
if the US dollar collapses, you pay $50 for a pizza...but you know where you stand....
When the Euro collapses, what would replace it?
I never understood why the Euro was created to start with....the budget deficit targets of individual Euro countries were defacto junked last year......
the Euro is more blue smoke than the US dollar is.......
Euro was simply an effort by France to undermine and counter American power. It was never based on economic power, rather it was based on economic jealousy. It will go away within a generation.
John
