Gold Is Rocketing Up Again This Morning

[Allan Bartlett]

It's up $16/ounce as I type this out. Look out $1000!

[lnieves]

BREAKING NEWS: Lebanese official says roadside bomb has hit a U.N. patrol south of Beirut

Maybe it has to do with this.

[voytechs]

It's up $16/ounce as I type this out. Look out $1000!

You mean $16/oz for silver, gold is $871/oz.

Here is a Dollar to Euro chart for last 5 years:

http://ichart.finance.yahoo.com/5y?usdeur=x


And here is the last 30 months. We're approaching all time bottom again.

http://ichart.finance.yahoo.com/3m?usdeur=x

[Smiley Gladhands]

He meant that gold is up 16 dollars this morning.

[Allan Bartlett]

Thanks Smiley.

[DutchPaulestinian]

The market says Paul is right. So it must be true.

[WilliamC]

Ah, come on folks, we all know that the price of gold, oil, food, and other commodities don't have anything to do with the core inflation rate. We're just rosey at 2-3% per year, just like that nice man at the Fed tells us. You know, Birdyankee? He's got the economy all under control.

heh.

[weatherbill]

If we do bomb IRAN, Ron Paul would be a shoe in, but I think the Neocons may wait till after Feb 5th becasue of the primary becasue if America bombs Iran before then, RP would be a shoe in! And that's the last thing the Neocons Elitists want!
So I expect the price of gold to come back down and do a dip, and then if they can get their neocon republican puppet in, then expect the CFR media propaganda for bombing Iran, along with some false flag opps to being. You'll want us dollars in gold right after feb 5th if that happens becasue IRAN is supposed to open a market to trade their oil in Euros instead of dollars STARTING IN MARCH OF THIS YEAR! So whether a war is started or not over this, US dollars will have less oil backing them. Syria and Venesuela said they would join in! Now this means war, does it not????
I hope we get a dip in gold anyways before then, so I can laod up...

[weatherbill]

Gold is up becasue of yesterday's conflict with the Iranian national guard

[Lars]

A few good links to you guys who are interested in gold and the economy:

www.dailyreckoning.com
www.dailypfennig.com/

I have been redaing them for years and they are great (and free)!