GOLD 0.51% $1,391.7 gold futures

ParrotWhere do you get this stuff from ?It has always been the...

  1. cya
    3,836 Posts.
    Parrot

    Where do you get this stuff from ?

    It has always been the way? When was it the way (specifically)

    What if the US dollar crashes to $1.20 while gold goes through 1200 US ?

    What if oil goes to $150 due to Peak Oil in the same time period.

    The American commentary does not apply to Australia in the same way as it applies to US folk. We are a commodity currency and telling folk that they are on a sure thing is totally irresponsible.

    Why is it likely to end soon ? Why?

    We are facing the biggest economic meltdown since the 30s and your sure the cash strapped juniors with rising costs are going to be able to fund themselves cause the gold price is over $900. Sure there will be plenty of folk with cash to hand out to miners to hire the non existent drilling rigs to discover gold.

    Did VRE tell you anything?

    So all they will have to do is ann they have good leases and folks will be falling over themselves to give em money?

    look at whats going down in the global economy

    http://globaleconomicanalysis.blogspot.com/2008/02/credit-default-swap-tsunami-approaches.html

    http://www.rgemonitor.com/blog/roubini/243220

    The romantic notion that gold specs are going to soar in the middle of this meltdown is absolute nonsense






 
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