It is, but for right or wrong it does have a huge psychological effect.
That's why everything I buy is xx.99
For gold that 1 dollar change makes it look much higher.
After a while people will get used to thinking in four digit prices.
It had not occurred to me until I listened to Don Coxe today.
He hates "safe haven".
As he says, it should just be "haven". (that's what a haven is...safe !)
I wonder whether he can bring himself to look at that website
You waiting on the button as well
Paper Currencies Continue to Decline
Gold Hits $1000 again (GoldUS$ = 1000)
http://www.greenenergyinvestors.com/index....ic=7627&hl=
:D
I think the wind has more effect. Can make people mad. Just check out the number of times the market falls when it's windy.
(not to be taken too seriously )
Fascinating video. Entertaining as well. "Knock knock"
A few points from me:
1. He lost me past the "buy gold". What's this "selling gold" idea? I don't get that
2. More seriously, just imagine what would happen if all gold traders followed his advice to sell on rises and buy on falls
I find the Kiwi accent quite amusing sometimes (no offence).
A serious news item could go like this:
"He was found did on his dick" (dead on his deck).
But today I had to laugh when a lady said "this is up for auction. It was signed by Michael Jackson before his death".
Before :lol:
After would presumably fetch more
I'm going to repeat this post from DoctorSolar near the end of the last thread
Hi, GF I know you know all this already but for anyone new to this the following clip highlights all the dangers. No one in their right mind would consider these ETFs or futures an investment in gold or silver. Buy physical ONLY or shares in good mining companies.
From:
Dr Vince Hooper from the Australian School of Business at the Univ of NSW warns that a second economic shock wave is on its way
Listen here:
http://mpegmedia.abc.net.au/rn/podcast/200...090829_0732.mp3
A little reminder why some people feel holding some gold is a good idea.
Also:
http://www.abc.net.au/pm/content/2008/s2662249.htm
A brilliant way to start the thread for September (thanks Diet Cola Addict)
End of last thread is here:
http://www.greenenergyinvestors.com/index....st&p=124415
Hi d2thdr, glad you liked it
You got me reading it again
Quite amazing how much stuff I've forgotten that I've written on this thread
Interesting to see if it stands the test of time.
Thanks
It's still running:
China Is About to Buy a lot More Silver...
By Matt Badiali, editor, the S&A Resource Report
Thursday, August 20, 2009
http://www.dailywealth.com/archive/2009/aug/2009_aug_20.asp
From what I have read the so called "world gold council" far from what you might be led to believe are not the friend of the goldbug.
They are on a par with Jon Nadler.
IMO take what they say with a large pinch of salt.