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View Full Version : Gold market just opened in asia.....




born2drv
10-28-2007, 09:22 PM
we're already up $8 @ $791.80....

I'm willing to bet we break through $800 by tuesday... maybe even today.

aksmith
10-28-2007, 09:28 PM
Gold coins are already well over 800, both the American Eagle and the Canadian Maple Leaf closed well over 800 on Friday.

It makes me wish I had more gold. And it makes me wish I had fewer dollars.What a tragedy we're about to have in this economy. The central banks always used to sell off gold when they printed insane amounts of money. Now, they either can't sell enough, or they've simply given up trying to artificially keep the price down because they have so much of it and they know it will be worth more than all their toilet paper federal reserve notes combined.

michaelwise
10-28-2007, 09:35 PM
I noticed a big uptick in bond yields late in the day on Friday. Has the big dump of US Treasuries begun? Look at the gold silver dollar index on http://www.dollarcollapse.com/. It looks like the dollar is toast.

Syren123
10-28-2007, 10:37 PM
damn.

Dustancostine
10-28-2007, 10:45 PM
Silver up .17 to $14.34

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I still think it will lower tomorrow with people taking out profits.