$4000 an ounce

[shakergt]

It's hit $4000 an ounce

 

[Mackka]

You beauty! Moneybox will be Moneyboxes

 

[fwdoz]

It's hit $4000 an ounce

And rising!

 

[davsgold]

 

[Simmo]

Did I mention that my leases were for sale!!!

 

[Gold In The Blood]

Over $4020 now and the US markets are not even in action yet.

Most unusual to have such gold firmness in just the European trading session.

Should be an interesting trading day in the US, who know much further the price can go tonight.

Unless the paper gold casino operators flood the market with futures contracts to drive the price down for a while.

Interesting time we are blessed (or cursed) to be living in, as we witness the dying days of the western Petro Dollar as the world reserve currency.

 

[wiley coyote]

Over $4020 now and the US markets are not even in action yet.

Most unusual to have such gold firmness in just the European trading session.

Should be an interesting trading day in the US, who know much further the price can go tonight.

Unless the paper gold casino operators flood the market with futures contracts to drive the price down for a while.

Interesting time we are blessed (or cursed) to be living in, as we witness the dying days of the western Petro Dollar as the world reserve currency.

What's happening with the Western Petro Dollar?

 

[Dave's Office]

I read an article recently that stated gold was taking over as the standard for which wealth is measured. The article stated that Asian, European and Arab countries were selling their stockpiles of American bonds and investing their American dollars into gold.

 

[grubstake]

I read an article recently that stated gold was taking over as the standard for which wealth is measured. The article stated that Asian, European and Arab countries were selling their stockpiles of American bonds and investing their American dollars into gold.

China used to have a mountain of US bonds that they'd accepted in payment for their exports and were by far the largest holder of American debt 10+ years ago. They've been selling those down for some years and now I believe Japan is the biggest US creditor.

 

[davsgold]

lots are realizing physical gold is way better than paper