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Thread: Gold just dipped below $800/oz.

  1. #1
    Member Bruno's Avatar
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    Default Gold just dipped below $800/oz.



    Time to buy and off-set some higher priced purchases as it goes down.

    GOLD: $25.6332/gg

    $797.30/oz

    --------------------------------------------------------------------------------

    SILVER: $13.5800/oz

    http://goldmoney.com/en/index.php
    "I'm not just trying to win or get elected. I am trying to change the course of history" - Ron Paul


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  3. #2
    Moderatorus Emeritus Cowlesy's Avatar
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    buy at $500/oz i'd say

    Silver at like, $7/oz
    "Your mother's dead, before long I'll be dead, and you...and your brother and your sister and all of her children, all of us dead, all of us..rotting in the ground. It's the family name that lives on. It's all that lives on. Not your personal glory, not your honor, but family." - Tywin Lannister


  4. #3

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    Quote Originally Posted by Cowlesy View Post
    buy at $500/oz i'd say

    Silver at like, $7/oz
    Do you think it's going that low? If so, what are you basing that on?
    "We do have some differences and our approaches will be different, but that makes him his own person. I mean why should he [Rand] be a clone and do everything and think just exactly as I have. I think it's an opportunity to be independent minded. We are about 99% the same on issues." "People Try To Drive Wedges Between Rand And Me." --Ron Paul

    http://www.youtube.com/watch?&v=pB5JgzBVHN0


  5. #4

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    Quote Originally Posted by Cowlesy View Post
    buy at $500/oz i'd say

    Silver at like, $7/oz
    buy some "now and later"

  6. #5

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    Quote Originally Posted by LibertyEagle View Post
    Do you think it's going that low? If so, what are you basing that on?
    I seriously doubt you will see $500 gold or $7 silver. Wishful thinking.
    Look at all the angles. Think for yourself.

  7. #6
    Moderatorus Emeritus Cowlesy's Avatar
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    Based on overseas economies that appear to be slowing making their Central Banks less likely to raise rates thus making the 'tards think the dollar a wise investment.

    I still think you'll see $1000+ gold, just not for a while.

    Hey maybe you'll all get filthy rich buying now and I'll be stuck holding my hat out because I missed an entry point!
    "Your mother's dead, before long I'll be dead, and you...and your brother and your sister and all of her children, all of us dead, all of us..rotting in the ground. It's the family name that lives on. It's all that lives on. Not your personal glory, not your honor, but family." - Tywin Lannister


  8. #7

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    Quote Originally Posted by Cowlesy View Post
    buy at $500/oz i'd say

    Silver at like, $7/oz
    The USDX would need to climb to nearly 100 for that to happen.

  9. #8
    Member Bruno's Avatar
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    Quote Originally Posted by Luft97 View Post
    I seriously doubt you will see $500 gold or $7 silver. Wishful thinking.
    If we do, wouldn't we also have $2.00 gas again? I guess that would benefit us all as well. Then stock up on gold before the next $1000 rally that will happen soon.

    Quote Originally Posted by RSLudlum View Post
    buy some "now and later"
    That's more what I was thinking. That is, unless there is a much deeper and quick dip soon. If that happens maybe wait until it stabilizes at a lower point.
    But I'm new to even watching gold vs. stocks and my 401K so this is all pure specualtion.
    Last edited by Bruno; 08-14-2008 at 05:58 PM.
    "I'm not just trying to win or get elected. I am trying to change the course of history" - Ron Paul

  10. #9

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    if gold goes down to $500, I'd be selling my car, my guitars, my amps, and my computer. I'll cancel my cable and internet and buy all the gold I can.

  11. #10

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    Quote Originally Posted by bruno1969 View Post
    If we do, wouldn't we also have $2.00 gas again?
    I think Cowlesy is just a Lindsey Williams fan.

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