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Igindex just reported $1000.6.

 

Well done everyone, and thanks again to DrB whose posts got me interested in this mad race to begin with, over 3 years ago now. Glad it happened now the thread has a home it can feel welcome.

 

:D :D

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GEI is winning The GOLD thread Race ...

 

(Advfn):

"Update on Traffic, as we head to Gold $1,000 per ounce"

 

822,058 Hits / compare Previous traffic checks:

 

UPDATES...

734,607 hits on 23.jan.2008 (734,607 - 111,111 = 623.496 hits)

 

23 Jan'08 - 14:14 - 33270 :: 365+365+13= 743 days : 839 hits per day

 

10 Jan'06 #12474 : 111,111

23 Jan'08 #33270 : 734,607 +623,496 / 743d. : 839 hits/day

13 Mar'08 #36178 : 822,058 +710,947 / 793d: : 896 hits/day

 

from 23 Jan.2008 : 822,058 +87,451 / 50days: 1,749 hits/day

Posts : + # 3908 / 50 days: 78.16 posts /day

 

= = =

 

( GEI ):

Started on March 3rd

13 Mar'08 # 1,341 : 26,405 + 26,405 / 10d: : 2,641 hits/day

Posts : + # 1,341 / 10 days: 134.1 posts /day

 

++ About 50%-70% more traffic than Advfn !!

 

you go girl!

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I actually had spandau ballet ringing out in the office as it happenned - Everyone will twig tonight when they watch the news! -

 

Up she goes again!

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I was actually had spandau ballet ringin out in the office as it happenned - Everyone will twig tonight when they watch the news! -

 

Up she goes again!

 

The Dow really wants to crash. I can just sense it. The market wants another 200B, just like the other day. Infact, let's do 500B so it at least lasts a week.

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AS per usual, right on cue, kitco having problems displaying..

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AS per usual, right on cue, kitco having problems displaying..

 

Now I see why. Gold has hit $1000 spot

 

applause3.gif

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Now I see why. Gold has hit $1000 spot

 

10:00 DAILY SMACKDOWN..

 

EDIT 10:12 ATTEMPTED DIALY SMACKDOWN.

 

Miners going the party right now...

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Fantastic interview from Jim Rogers. Get this man on the BBC news!

 

Some interesting points that he did and didn't mention..

 

1) One for Bubb here: Jim talks about holding the commodity itself rather than shares. He quoted a figure of 300% better than holding the shares. I always thought that shares give you leverage on the commodity itself, and thus the greater return. This is why the good doctor holds gold shares more than physical gold?

 

I've just finished reading JR's Hot Commodities. He is referring to a Yale study called "Facts and Fantasies About Commodity Futures" which found that between 1962 and 2003 " the cumulative performance of futures has been triple the cumulative performance of 'matching' equities". He basically uses this to support his idea that trading the futures themselves rather than commodity related equities is less risky and higher return .ie. by not being exposed to the 1000's of variable risks related to companies own trading and financial positions you get better returns.

 

You'd certainly have to dig out the original study to assess whether you believed they had an appropriate basket of equities I suppose.

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I have the high for spot today so far at: $998.50

Goldseek has it at 999.20 didn't realise there was so much variance between sites.

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Bah! I presumed IGIndex would have pretty accurate info. I wonder how long we'll have to wait for it to be 'official'...

 

Where is the official price? Comex?

 

Dow breaking down again. Mr Market wants a rate cut and he ain't going to stop crying until he gets one.

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Where is the official price? Comex?

 

Dow breaking down again. Mr Market wants a rate cut and he ain't going to stop crying until he gets one.

 

Bernanke is currently going through all his pockets. What is he going to come up with this time?

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Afternoon folks. Exciting day. :D

 

I'm watching the BV livefeed. Anybody know where BV data comes from?

 

It's titubating around $997 at the moment.

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