Tradefair & Financials
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Friendly punt - Gold higher than $2K Dec 31st 2012
Friendly punt - Gold higher than $2K Dec 31st 2012
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"gold out to 125/1 to make 2k by chrissie."
MrBen, where can i get those odds? I have some highly reliable info* indicating it's a dead cert *Menelaus 15 Jul 12 11:05 gold will NEVER go over $2,000 |
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Mrben 15 Jul 12 03:53
your problem melly,one of dozens, is that you believe that inflation will cause gold to rise.That is not the case in reality. you also believe that printing money causes inflation- a case your have an epic fail in making. others here know better. ps. we are having fun playing with you Inflation equals gold rise. Well surly in the long term it does |
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carlos- all the evidence suggests otherwise.That's just what THEY keep telling you.
melly believes it, we all know what a pitiful record he has.  case closed.polybot-  yeh I get it, if melly says it will never happen, it makes it a CERTAINTY!!!! |
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carlos
Inflation doesn't cause a rise in the gold price. Fear does. |
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r looked at another way. Gold remains pretty much at a constant price when measured against other tangibles. An ounce of gold will buy you a fine suit today. It would have bought you a fine suit in Roman times. It isn't a hedge against inflation. It is a hedge against things going pop.
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For those who like such things. For others it is shiny and looks nice hanging around their neck when driving the pimp mobile.
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I'm not an expert in in this field lads. Studied it like 10 years ago and tbh knew f00k all then so can't know too much.
1 thing iv noticed is about 5 years ago I started checking gold prices and house prices yeh. Now this is wat I found, wen gold is low houses sell about 35-35% more |
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Continued. IPhone is playin up. 25-35% not 35-35.
So wat I found iS in 2010 July-august-September gold was selling at 23-24k a kilo just prior to that say last 2 years gold was a consistant price say abt 27k but in 2010 july-September people started to buy with renewed confidence. And then bang, gold exceeded 30k a kilo for the first time in history and the sale of houses came to an halt. We r now still in the halt period. Would love to know wen we r gona come out |
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buy gold now before it goes up
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