chuckwoww Posted October 28, 2007 Author Report Share Posted October 28, 2007 This site has prices going back 10 years in grams 1 gram = 0.0353 oz. http://goldprice.org/gold-price-history.html Link to comment Share on other sites More sharing options...
Torneyboy Posted October 29, 2007 Report Share Posted October 29, 2007 Yep ..could happen... Link to comment Share on other sites More sharing options...
zzzz Posted October 29, 2007 Report Share Posted October 29, 2007 In the late 70s, the gold was around $900 per ounce and silver reached $48. I have about 10% of my liquid asset in precious metals at the moment but will drop it to about 1% when the dollar starts to appreciate again. Link to comment Share on other sites More sharing options...
jitagawn Posted October 29, 2007 Report Share Posted October 29, 2007 Dont hold your breath Link to comment Share on other sites More sharing options...
rchapstick Posted October 29, 2007 Report Share Posted October 29, 2007 These sorts of predictions on commodities usually come from brokers who make money on transactions, not on price movements. So it is in their best interests to be quoted as "expert" and make outrageous claims, so more people who should not be trading in commodities will trade them. This is nothing more than typical boiler room marketing. Link to comment Share on other sites More sharing options...
chuckwoww Posted October 29, 2007 Author Report Share Posted October 29, 2007 Pumping and bashing. Fear and greed. That's what makes a market. I only posted that article about $3400 gold because I want you guys to buy the stuff I bought at $300. Link to comment Share on other sites More sharing options...
jitagawn Posted October 29, 2007 Report Share Posted October 29, 2007 Look at the fudamentals of the US economy. The future rise in gold price is related to our borrow now pay later fiscal policy which is running out of control.Trade deificit ,budget deficit,bad credit housing Iraq,spiral oil prices. Gold will be abubble too but what a bubble. Go ahead and buy stocks and good luck :smirk: Link to comment Share on other sites More sharing options...
dabbish Posted October 29, 2007 Report Share Posted October 29, 2007 The dollar is going down and gold is going up. Looks like bad times ahead to me. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted October 29, 2007 Report Share Posted October 29, 2007 I know one woman who wants to leave something to her heirs when she dies. She thought about gold but I told her teaching them how to grow food, how to find and purify water, etc. (survival skills) might be better. Link to comment Share on other sites More sharing options...
zzzz Posted October 31, 2007 Report Share Posted October 31, 2007 ...She thought about gold but I told her teaching them how to grow food, how to find and purify water, etc. (survival skills) might be better. Survival skills + gold + guns + ammo :thumbup: Link to comment Share on other sites More sharing options...
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