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Thread: Hey mokinss, could you explain to me the

  1. #21
    canuck1
    Heard but not real familiar

  2. #22
    canuck1
    I am tired later
    Only 1230 pussy

  3. #23
    SmokinLowriderSS
    spike in gold prices??
    Sure, be happy to, soon as I load the fact cannon. What theory of yours you want me to shoot down? :crossx:

  4. #24
    SmokinLowriderSS
    Here's ya a chart to start with ......
    http://www.kitco.com/LFgif/au0365nyb.gif
    Just which peak constitutes the "spike" you want to refer to? Yea, I know, the massive importance of peak price of $536.50/oz a week ago. Why is it going back down? Lessee, Nov was under $500/oz, Midnight was about $505, and SINCE NOON TODAY has dumped to $491.90 (4:30PM CST) Silver has done the same thing. Your SPIKE took over 30 days to go up $75.
    Well: http://www.gold.org/value/stats/stat...since1971.html
    since the price of gold WORLDWIDE has been steadilly edging up in every currency since the late 90's, I fail to see a major spike, but a continuing trend of people who think it's ever going to see the price of the Carter "America is done, put a fork in her." era. If you want a "spike", see the late 1970's.
    According to analysts I have just polled,:
    http://www.lbma.org.uk/publications/...t2005_gold.htm
    There is a reduction in S. African gold production, anticipated increases in purchases by China, and mostly the continuing decline in the value of the $US compared to the Euro. Most analysts pin the greatest portion of the price increase on that relative valuation. Here's supply & Demand:
    http://www.gold.org/value/stats/stat...and/index.html
    The third quarter of 2005 represented the seventh successive quarter of positive growth in demand for gold in tonnes, and the tenth consecutive quarter of double-digit growth in dollar value. Investment and industrial demand for gold grew more rapidly than demand for jewellery, which reached new record demand levels in value terms. Compared to the same period last year, demand in Q3’05 absorbed an increase in supply of around one fifth despite a 10% rise in the gold price.
    now that you can't read that many facts, I'll try this one ..... "It doesn't mean a darned thing to the US economy."

  5. #25
    Old Texan
    now that you can't read that many facts
    Since when do they ever let facts enter into anything?

  6. #26
    Blown 472
    Here's ya a chart to start with ......
    http://www.kitco.com/LFgif/au0365nyb.gif
    Just which peak constitutes the "spike" you want to refer to? Yea, I know, the massive importance of peak price of $536.50/oz a week ago. Why is it going back down? Lessee, Nov was under $500/oz, Midnight was about $505, and SINCE NOON TODAY has dumped to $491.90 (4:30PM CST) Silver has done the same thing. Your SPIKE took over 30 days to go up $75.
    Well: http://www.gold.org/value/stats/stat...since1971.html
    since the price of gold WORLDWIDE has been steadilly edging up in every currency since the late 90's, I fail to see a major spike, but a continuing trend of people who think it's ever going to see the price of the Carter "America is done, put a fork in her." era. If you want a "spike", see the late 1970's.
    According to analysts I have just polled,:
    http://www.lbma.org.uk/publications/...t2005_gold.htm
    There is a reduction in S. African gold production, anticipated increases in purchases by China, and mostly the continuing decline in the value of the $US compared to the Euro. Most analysts pin the greatest portion of the price increase on that relative valuation. Here's supply & Demand:
    http://www.gold.org/value/stats/stat...and/index.html
    The third quarter of 2005 represented the seventh successive quarter of positive growth in demand for gold in tonnes, and the tenth consecutive quarter of double-digit growth in dollar value. Investment and industrial demand for gold grew more rapidly than demand for jewellery, which reached new record demand levels in value terms. Compared to the same period last year, demand in Q3’05 absorbed an increase in supply of around one fifth despite a 10% rise in the gold price.
    now that you can't read that many facts, I'll try this one ..... "It doesn't mean a darned thing to the US economy."
    Okie dokie :rollside: :rollside:

  7. #27
    SmokinLowriderSS
    Ask & Ye shal recieve Blown ...... just be careful what you ask for.

  8. #28
    Blown 472
    Ask & Ye shal recieve Blown ...... just be careful what you ask for.
    A stocking full of coal??

  9. #29

  10. #30
    SmokinLowriderSS
    A stocking full of coal??
    It's in the mail Blown. I saved shipping money by already heating my garage with it so it was lighter to send. Yes, I made sure it was out completely and well sealed so nobody would think potash was a bio-weapon in the mail.
    Only YOU can prevent garage fires.

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