Pluto

Hi Pluto. It just got too ridiculous over there.

 

The thing is, the people most emotional about gold are those who hate it or don't have it. And not having it is not a financial matter, since until recently gold was very cheap. And even now almost anyone in the industrialized countries should be able to afford a few coins.

What all that boiled down to was Oldie spent a lot time trying to get the link to Metal board worked out and he threw a temper tantrum when no-one liked it. He then went on to blame all the bad, rude, posters. Finally he threw his dummy out of the pram and started to cry. Pathetic.

Yes. This woman (what's here name) mentioned prices over $10,000. Quite brave on a public radio show. There was only one more bullish guy of some hedge fund on Bloomberg some time ago, who mentioned a price of $50,000.

 

Well, my thread (linked above) explains how you can end up with such figures. It could happen, if the central bankers seriously screw up.

The woman's name is Dr. Leanne M. Baker as she is Managing Director of Investor Resources LLC. As Hugo Chavez recently stated, "we give them oil in exchange for pieces of paper". So in that context, the POG could be worth an almost infinite amount of paper. I noticed today CNBC were very bearing on everything and telling folk the only decent investment are PMs. Today they tried to cap Gold - but oil broke out to new highs. The boat is springing too many leaks now. 1,000 tomorrow dare I say?

Here is another one that should calm you down every time you think gold is getting too expensive.

I thought you might show up here Goldfinger. The housepricecrash website is losing its way. I know if it was my website and one of my mods decided to kill the most popular thread by far he would been shown the door pronto. Anyway that's old news I hope Bubb lets you post the rocket pics as we are gonna be needing a lot of them soon.