Gold at $1500 an oz, and Silver at $45 an oz.

  • Posted by a hidden member.
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    Apr 21, 2011 12:41 AM GMT
    That means fiat currency buys less now. Thoughts?

    Should have bought silver when it was 20s...wait, I did. (just not huge enough)icon_neutral.gif
  • rnch

    Posts: 11524

    Apr 21, 2011 12:44 AM GMT
    what does gasoline @ 5.00 a gallon mean?



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    Apr 21, 2011 12:48 AM GMT
    rnch saidwhat does gasoline @ 5.00 a gallon mean?



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    Means buy a few barrels of crude and sit on em for a bit.. you'll be rich in no time! icon_wink.gif
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    Apr 21, 2011 12:50 AM GMT
    I know. I just had two gold rings made and they cost me a fortune. The gems cost less than gold.
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    Apr 21, 2011 2:53 AM GMT
    That's really bad for the electronics industry, because gold is a necessary component of ICs, etc.