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Gold, Silver and the Economy

PostPosted: Wed Jan 05, 2011 10:09 am
by Copper Catcher
Looking at kitco.com gold and silver prices appears to have made the fantasy trip to Disneyland and we are all on Mr. Toad’s wild ride!

I know folks will say the price dips are from profit taking, blab, blab, blab. Some many even make the ludicrous statement that US dollar has strengthened while at the same time acknowledge the statement that the U.S. national debt will soon reach 100% of GDP.

Is someone drinking Kool-Aid laced with LSD? Or have the lies become so big that no one wants to admit the reality? We as a nation are broke!

The insanity of it all can drive a fellow crazy…you know!

I’m trying to breathe deep but find myself hyperventilating.

Re: Gold, Silver and the Economy

PostPosted: Wed Jan 05, 2011 10:23 am
by AGCoinHunter
Its fun watching the ride huh? Dont sweat it, PM's will be back up. Does drive you crazy if you dwell on it, which is why I try not to. Hang in there.

Re: Gold, Silver and the Economy

PostPosted: Wed Jan 05, 2011 11:00 am
by Rodebaugh
Maybe It's just that magical $25 silver spot pullback the talking heads have forecasting.

Either way I have made a pledge to stay out of the silver market till the ides of January.