Jump to content
Nugget Shooter Forums

Archived

This topic is now archived and is closed to further replies.

Fsbirdhouse

The trend of gold

Recommended Posts

El Dorado, I did not join for the "sole purpose of a commercial venture", please be fair. My post about GBU was solicited by other forum members.

No offense Lisa, but I disagree. Your signature line is rife with hotlinks marketing the services of your company, and (so far) you haven't posted a thing in any of the mining or detecting forums. Let's be honest...you joined the site with hopes of finding a few customers for your gold buying business. A quick Google of your name and "gold" reveals a lot about where/what you have been posting on forums/sites, and it is all related to marketing the services of GBU.

I doubt anyone would fault you for trying to make a buck in this difficult economy, and while we did ask you questions about gold prices, you entered this discussion with a comment that included yet another hotlink to your company.

You've done your job though, as a blind man could follow the trail you've left to GBU. :inocent:

Mike

(Bill, my apologies if my comments are out-of-line, but too dang many companies today have "social media specialists" doing their on-line marketing for them.)

Share this post


Link to post
Share on other sites

Silver is up because global demand for silver is about 890 million ounces a year, while global mine production is about 720 million ounces a year. We're actually consuming scrap to make up the difference. Apparently the rate of cunsumption in industrial uses is up, and people are buying it worldwide as a hedge.

http://seekingalpha.com/ is where I got the above. Interesting site, if your into that sort of thing.

Here's a video I've seen in the past that I think does a good job of explaining the silver market and some of what you are talking about ArticDave:

http://www.youtube.com/watch?v=2yWXuUZlBMY&NR=1

Share this post


Link to post
Share on other sites

No offense Lisa, but I disagree. Your signature line is rife with hotlinks marketing the services of your company, and (so far) you haven't posted a thing in any of the mining or detecting forums. Let's be honest...you joined the site with hopes of finding a few customers for your gold buying business. A quick Google of your name and "gold" reveals a lot about where/what you have been posting on forums/sites, and it is all related to marketing the services of GBU.

I doubt anyone would fault you for trying to make a buck in this difficult economy, and while we did ask you questions about gold prices, you entered this discussion with a comment that included yet another hotlink to your company.

You've done your job though, as a blind man could follow the trail you've left to GBU. :inocent:

Mike

(Bill, my apologies if my comments are out-of-line, but too dang many companies today have "social media specialists" doing their on-line marketing for them.)

I smell spam. That's three of us now. :inocent: :twocents:

Share this post


Link to post
Share on other sites

The trend of Gold?

Looks like it's bangin' pretty hard on 1500's door. :thumbsupanim

Share this post


Link to post
Share on other sites
The trend of Gold?

Looks like it's bangin' pretty hard on 1500's door

Well by all means let it in!!!!!!! :inocent:

Share this post


Link to post
Share on other sites

:*&$*(: MAKN' BACON-3 POSTS ALL ABOUT HERSELF :pukes:

Share this post


Link to post
Share on other sites

mad0229[1].gif MAKN' BACON-3 POSTS ALL ABOUT HERSELF :pukes:

Good job Dizzy and give John a marksman badge too!

Max

Share this post


Link to post
Share on other sites

Good job Dizzy and give John a marksman badge too!

Max

Thanks Max. I've been an Admin and/or Mod. on a number of discussion boards/forums for better than 10 years now, so it's tough to keep my yap shut when I see someone openly marketing their companies services. Lisa does a helluva job representing her company, and while it's hard to blame anyone for trying to make a buck in this economy it still chaps my arse to see someone taking advantage of a great site like this when they aren't paying to advertise.

I would love to include a link in my signature to the astronomy forum site that I Admin along with a buddy from Australia, but sneaking in and promoting/marketing your stuff on someone else's forum [without permission or approval] is right up there with poaching on someone else's claim, IMO. bur2.gif

Bill is definitely a kind and patient Site Admin. :wubu:

Mike

Share this post


Link to post
Share on other sites

The trend of Gold?

Looks like it's bangin' pretty hard on 1500's door. :thumbsupanim

Wow!

Ain't it the truth?

$1494.60 at this moment!

Share this post


Link to post
Share on other sites

There was a youtube video about how people are turning in their old silver dollars, such as Morgans and Piece dollars for the scrap value, as silver goes up. I see as there is less and less of these types of old silver dollars, their value going way up due to being scarce, if this silver and gold thing is not a bubble.

Share this post


Link to post
Share on other sites

Bill is definitely a kind and patient Site Admin. :wubu:

Mike

You all already took care of this one... No need to nuke the links, but if her posts are only going to be about her business I may have to re-look at her reasons for being a member......

Share this post


Link to post
Share on other sites

Interesting article that came out today in the Int'l Business Times:

http://www.ibtimes.com/articles/137448/20110424/gold-super-cycle-rally-record-united-states-america-economy-pawn-unemployment-dollar-price.htm

It's not all good news:

"A sustained gold and oil boom indicates that the dollar is slipping into grave danger and the economy closer to collapse, according to Daily Markets analyst Michael Snyder.

"... when these commodities go up in price it is a sign that the U.S. dollar is dying and that our country is getting closer to economic collapse," Snyder wrote recently."

Mike

Share this post


Link to post
Share on other sites

Interesting article that came out today in the Int'l Business Times:

"A sustained gold and oil boom indicates that the dollar is slipping into grave danger and the economy closer to collapse, according to Daily Markets analyst Michael Snyder.

"... when these commodities go up in price it is a sign that the U.S. dollar is dying and that our country is getting closer to economic collapse," Snyder wrote recently."

Mike

Thus my interest in stockpiling Beans, Butter, and Bullets. (And gold.) Our elected politicians of both parties have forsaken this nation's interests for their own careers for decades, and now the piper must be paid. I knew that we were in trouble the first time that I heard that 70% of our GDP is consumer spending. Think about that. The single most important government statistic, the Gross Domestic PRODUCT (root word produce or production) has become mostly consumer spending. (Root word consume, or consumption.) Spending ourselves into debt, when we import just about everything, is seen by our government as a good thing. For decades the only thing that we have been exporting is the wealth that was handed down to us by our forefathers, and the sad part is that the government's answer to the economic crisis of 2008 was to try to jump-start consumer spending, to get things back to the way they were at the height of the credit bubble. The guys running things are either idiots or they're hell-bent on ruining this nation. Bob's description of the sorry state of our economy in an earlier post is right on the money.

When the Great Depression hit this nation was mostly rural, and people could at least feed themselves. Now, we've become a predominantly urban nation, with people totally dependent upon 18-wheelers and trains bringing in their food from the huge "factory farms". If the economy tanks to the point that the trucks stop rolling, get ready to batten down the hatches. (And all commerce will suddenly become very local.)

Rick

Share this post


Link to post
Share on other sites

The dollar is devaluing, Gold is up, wages are flat.

That's why I'm jazzed about the Gold prices. I can possibly augment my paycheck with my little operation. :hmmmmm:

Share this post


Link to post
Share on other sites

:twocents: I always try to remember the #1 rule of a miners life

:inocent: HE WHO HAS THE GOLD :whoope: MAKES THE RULES :spinnin: now go get ya some-tons a au 2 u 2-John

Share this post


Link to post
Share on other sites

At $1538.20 per oz as of right now, an oz or two practically constitutes a 'hoard'.

And, a pocket full of twenty dollar bills scarcely pays rent on Pacific ave.

Share this post


Link to post
Share on other sites

At $1547.80 per oz, gold has climbed over $90 per oz since this thread started on April 5th.

Less than a month.

Correction! as of a couple of hours later...$1560.40 per oz.

Over $100.00 in a month.

Share this post


Link to post
Share on other sites

The commodities are tanking right now. It's great to see oil down nearly 6%, but unfortunately gold is below $1500/ozt again too. Silver is way down as well. The "experts" are saying that this is because unemployment took a big spike up unexpectedly. The high price of oil was the straw that broke the camel's back in '08, and the greedy b@stards just may have tanked the economy again. ("They" being the commodities futures traders who manipulate the price of oil for the investment banks.)

Share this post


Link to post
Share on other sites

Price of any commodity depend on the economy condition and vice versa.if price of gold increase then it means country financial condition is not so bed.Gold is safe heaven for folks.There is direct relationship between oil price and gold price.If oil price decrease then gold price also decrease.

________________________

For More Information Visit: Commodity Trading and CFD Trading

Share this post


Link to post
Share on other sites

Price of any commodity depend on the economy condition and vice versa.if price of gold increase then it means country financial condition is not so bed.Gold is safe heaven for folks.There is direct relationship between oil price and gold price.If oil price decrease then gold price also decrease.

________________________

For More Information Visit: Commodity Trading and CFD Trading

Silver is almost at par with gold. It is a hedge against inflation.

Thanks for advertising on our site.....

Share this post


Link to post
Share on other sites

All I can say is WOW.

$1669.60

I have got to get better at finding this stuff.

Rick

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...