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It will be post tennis racquet.

Seriously - the spam I am getting (e and snail) is using the same rhetoric as real estate spam - talking about fixed supply meaning values are only going to go up, etc.

Another clever trick is showing gold vs dollar without adjusting the dollar for inflation, which would flatten the curve (even a standard 4% interest rate bank account rises - but often slower than inflation, thus actually devaluing over time)

sounds like something resulting from all you nuts saying that we need to go back to a gold standard.

The real nutcase survivalists are investing in copper.

NEVER invest based on a salesman's promise.

Gold has recently broken through a level of support and is in a down trend, so I'd be looking to short the market if I wanted to take it on with some options.

I've got an enormous sector for ya.

Precious shrapnel!

http://lyricwiki.org/U2:Silver_And_Gold

" Yep, silver and gold... This song was written in a hotel room in New York city 'round about the time a friend or ours, little Steven, was putting together a record of artists against apartheid. This is a song written about a man in a shanty town outside of Johannesburg. A man who's sick of looking down the barrel of white South Africa. A man who is at the point where he is ready to take up arms against his oppressor. A man who has lost faith in the peacemakers of the west while they argue and while they fail to support a man like bishop Tutu and his request for economic sanctions against South Africa.
Am I buggin' you? I don't mean to bug ya...

Okay Edge, play the blues..."

http://www.lyricsdomain.com/16/patti_sm … _eyes.html

(Smith/Ray)
It's been a while since I've seen your
face
It's been a while since I've walked this
place
I see the monkeys riding on their bikes
Racing through the impossible night

You say you're feeling like a new tree
Man they'll cut you from limb to limb
Pick your pocket with such delight
Shake it to the right
Shake it in the light

Oh can't you see the glitter
The glitter in their eyes
Oh can't you see the glitter
The glitter in their eyes

Genius stalking in new shoes
Have you got WTO blues
Dust of diamonds
Making you sneeze
Kids on rollers ready for
Running through the junkyards
Breezing through the halls
Racing through the malls
Walking through the walls
They'll strip your mind
Just for fun
Quoth the raven
Yum yum yum

Children children everywhere
Selling souls for souvenirs
They've been sold out like as not
Just for chunks of Ankgor Vat

They'll trade you up
Trade you down
Your body a commodity
Our sacred stage
Has been defaced
Replaced to grace
The marketplace
Dow is jonesing at the bit
42nd Disney Street
Ragged hearts unraveling
Look out kids
The gleam the gleam
All that glitters
Is not all that glitters
Is not all that glitters

..

My dad and uncle have been talking about gold going through the roof for years now because of weaknesses in the economy; its taken a hell of a long time for those weaknesses to become truely apparently, but gold is still not nearly as high as they're expecting it to go.

Good call on predicting a bubble I think. I think gold will spike in price, and as people realize this they'll jump on the bandwagon, which could easily inflate the price to more than what its worth. I've been considering buying some gold (especially because I think the US dollar is destined to tank) but I'll keep this in mind when I do.

Proost wrote:

[Tycho?] wrote:

My dad and uncle have been talking about gold going through the roof for years now because of weaknesses in the economy; its taken a hell of a long time for those weaknesses to become truely apparently, but gold is still not nearly as high as they're expecting it to go.

Good call on predicting a bubble I think. I think gold will spike in price, and as people realize this they'll jump on the bandwagon, which could easily inflate the price to more than what its worth. I've been considering buying some gold (especially because I think the US dollar is destined to tank) but I'll keep this in mind when I do.

Only because they threw trillions in the system to keep it working and so gold didn't explode to the roof, but it doesn't needs a wise guy to figure out, that with this money thrown at, it makes things worse, eventually. The banks got richer and their money worth, if that's the economy, sure belief only things goes better from now on.

It's like the state California, schools/teachers and minors get the sack and the rich doesn't pay the price (yet), but in overall- things just gets worse.

Short term sollutions, short term gains. That's what this is. And even now with this minor recovery gold is still going up? I thought about buying gold at when it was worth 400, it's now worth 955. It was worth 400 was when the crisis begun.

Yeah, I know things are going to get a ton worse. The "solutions" are the same that have been tried over the past several years. Basically throw money (that the government has to borrow) at the problem. Spending money you don't have can only go so far.

I'm also hesitant to buy gold considering how far its gone up. I also don't exactly have a ton of money to throw at something like this.

resedit wrote:

bratboy wrote:

Hey, I heard a commercial for gold yesterday read by Glenn Beck.

Yup - Fox News is one of many places that have increased advertising for Gold and Silver.
I really suspect it may be the next investment bubble that is going to burst.

It's like everything else in the world--speculators come in, seeing a quick buck.  Then there is a speculator bust a few years down the road.  BUT...precious metals have a high demand and limited supply system already (this is what makes them so darn expensive to begin with), so if/when a bust happens, there should be enough people to pick up enough pieces that it will only be seen as a "decline" as opposed to a "bust."