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precious metals prices falling
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Topic: precious metals prices falling (Read 1326 times)
LIGHTSON
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Posts: 9
precious metals prices falling
«
on:
August 16, 2007, 06:16:16 PM »
Alex,
I've been watching gold and silver prices drop this week ( gold down 21.00 and silver 1.06 )
what does this mean? should i continue buying precious metals or not?
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I tell ye true, liberty is the best of all things, never live beneath the noose of a servile halter.
-William Wallace, address to the Scots,circa 1300
Kregener
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Posts: 2,728
Re: precious metals prices falling
«
Reply #1 on:
August 16, 2007, 06:45:54 PM »
The price of these NECESSITIES is
down
, and you want to know if you should buy
more
?
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Going to church does not make you a Christian any more than going to a hospital makes you a doctor.
Stop thinking in terms of left and right and start thinking in terms of right and wrong
Joe(WI)
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Posts: 2,275
Re: precious metals prices falling
«
Reply #2 on:
August 17, 2007, 07:23:03 PM »
it means they are manipulating the thing for all its worth so they can pull out their short positions. If they weren't flipping the price, silver would be around $16/oz., gold would be $700+/oz. The collapse is being moderated by "plunge protection" team. Paper is exactly that, paper. Bankers also know metals are worth something, that's why they outlawed bar gold, so the mint could cash in on making coins.
The only thing holding up the dollar-reserve currency. As soon as it implodes, forget it. It will get ugly huge. Other countries can buy oil in dollars only for now, but switching to euro would kill it but quick. Then they want us on the Amero. Thhhhhp!
NTYVM! Same goes for stock market.
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The number, 666, has been changed. The new number is, 999.
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