Waht Happens when the Gold Bubble Pops!!?!? | |
DonHeau
User ID: 1359307 United States 08/22/2011 10:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 992418 United States 08/22/2011 10:40 AM Report Abusive Post Report Copyright Violation | |
gingie369
User ID: 1266452 Canada 08/22/2011 10:44 AM Report Abusive Post Report Copyright Violation | |
swisscheese
(OP) User ID: 1505337 Switzerland 08/22/2011 10:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1310640 United States 08/22/2011 10:54 AM Report Abusive Post Report Copyright Violation | If the gold bubble pops than it means the dollar is getting stronger - Quoting: Anonymous Coward 992418 What evident metric leads to a potential stronger dollar? None, impossible debt, lazy people, racial intolerance and class warefare and govt theft and union corruption. Intentional dependance on all manner of foreign supplies from adversaries, and worsening balance of trade. There is no future for the dollar, just drawing it out to strip people of their valuables |
Anonymous Coward User ID: 1013463 United States 08/22/2011 11:03 AM Report Abusive Post Report Copyright Violation | Seems to me the price of gold is bahaving in a similar manner to way real-estate did just before the bubble burst. How can a property be worth x amount one day and x/2 amount a short time later? Did the dollar strenghen suddenly? I don't know, but I am afraid of investing in gold right now. |
Anonymous Coward User ID: 1299553 Canada 08/22/2011 11:04 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 926488 United Kingdom 08/22/2011 11:06 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1013463 United States 08/22/2011 11:11 AM Report Abusive Post Report Copyright Violation | Gold isn't in a bubble. It may become one at some point, depends how quickly we run up to 3-5k. Even then, I think that will only be the early stages of a bubble. Lots of room left to run in the secular bull market. Quoting: Anonymous Coward 1299553 I assume that the thousands of underwater mortgage debtors felt the same way about real-setate, or many of them would not have bought in when they did. |
Anonymous Coward User ID: 1514686 United Kingdom 08/22/2011 11:15 AM Report Abusive Post Report Copyright Violation | |
DonHeau
User ID: 1359307 United States 08/22/2011 11:16 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1310640 United States 08/22/2011 11:30 AM Report Abusive Post Report Copyright Violation | and it will. And that's thousands of people holding onto (heavy, yellow) metal that's been made worthless by fiat Carbon Credit or fiat Oxygen Credit or fiat Water Credit. :( Then it wouldnt be a bubble, it would be a manipulation and theft by conversion of value by creating a new currency requiring you to buy it with gold/pms. The real bubble is the dollar with is massively overvalued. Gold is never overvalued, it has farm more intrinsic value that any mass produced paper certificate. The real point is that the elites want to strip you of any value, justify it, give it to themselves and then bury you. It's how the thing is being constructed and implemented. You arent supposed to survive it. |