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scheming daemons (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:48 PM Original message |
Gold, Silver, and Oil prices are crashing today.... and I love it! |
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LynneSin (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:50 PM Response to Original message |
1. You know the gas prices are now the new right-wing MEME |
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Armstead (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:32 PM Response to Reply #1 |
69. Gas prices are everyone's meme |
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phantom power (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:51 PM Response to Original message |
2. link? |
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scheming daemons (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:54 PM Response to Reply #2 |
5. cnbc.com or money.cnn,com.... both show commodity prices |
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A HERETIC I AM (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:13 PM Response to Reply #2 |
24. Here ya go; |
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mmonk (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:52 PM Response to Original message |
3. I'd like to see some of them get soaked. |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 07:46 PM Response to Reply #3 |
62. I made a decent amount. Bought at $4/oz, sold at $46. |
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virgogal (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:52 PM Response to Original message |
4. A lot of ordinary folks may also be hurt by the drop in gold and |
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hobbit709 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:56 PM Response to Reply #4 |
6. I don't know any ORDINARY folk who could afforded to buy at those prices. |
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Elwood P Dowd (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:02 PM Response to Reply #6 |
12. I own some 1902 - 1906 era one ounce Gold Liberty coins. |
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tridim (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:06 PM Response to Reply #12 |
17. Sell them now. What are you waiting for? |
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Elwood P Dowd (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:11 PM Response to Reply #17 |
23. I just sold one last week for almost $1,600. |
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tridim (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:14 PM Response to Reply #23 |
26. The CNBC whackjobs are freaking out. |
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virgogal (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:14 PM Response to Reply #6 |
52. A lot of ordinary folks bought when gold was cheap. They may be |
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Elwood P Dowd (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 07:45 PM Response to Reply #52 |
61. So true. I bought some, as did my mother, 16 years ago when it was under $400.00 an ounce. |
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hobbit709 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:59 PM Response to Reply #52 |
74. You will note I said those prices-i.e. the sky high ones. |
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IndyPragmatist (556 posts) Send PM | Profile | Ignore | Sat May-07-11 07:17 AM Response to Reply #6 |
117. I lost a bunch of money in silver this week |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:03 PM Response to Reply #4 |
14. You mean ordinary folks who have been stockpiling canned goods for the Glenn Beck apocalypse? |
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Marrah_G (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:31 PM Response to Reply #14 |
106. Hey now... I have a stockpile of canned goods!!! |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:24 PM Response to Reply #4 |
33. I have empathy for people who made desperate gambles on precious metals, but no sorrow |
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MineralMan (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:35 PM Response to Reply #4 |
36. Really. I got lucky. I was waiting for gold to go up even higher |
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quiller4 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:35 PM Response to Reply #4 |
37. Few "ordinary people" invest in precious metals but all those |
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Ikonoklast (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:16 PM Response to Reply #4 |
42. That's why it's called 'speculation'. |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:34 PM Response to Reply #4 |
56. Sell now while you still can |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:38 PM Response to Reply #4 |
82. Ordinary people don't speculate in commodity markets. |
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REP (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:57 PM Response to Original message |
7. Finally! Still high, but better (I make jewelry) |
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quaker bill (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:37 PM Response to Reply #7 |
70. Agreed, and so do I. |
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Sonoman (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 02:58 PM Response to Original message |
8. I wouldn't count on a sharp drop in gas prices. |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:00 PM Response to Original message |
9. You need to look at the big picture and, as always, ask yourself, "Cui Bono?" |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:05 PM Response to Reply #9 |
16. "while these prices are low" |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:11 PM Response to Reply #16 |
22. It's not really funny at all Warren- |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:22 PM Response to Reply #22 |
31. No, see, Gold prices are HIGH because of "manufactured panic" |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:14 PM Response to Reply #31 |
65. Gold prices are high because Obama and Bernanke pumped too much money into the banks. |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:00 PM Response to Reply #65 |
76. One more point to add, if that's all right. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:57 PM Response to Reply #76 |
84. I think there could be some buying opportunities soon. |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 11:47 PM Response to Reply #84 |
91. "BUY GOLD!!!! BUY GOLD!!!" |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 02:56 PM Response to Reply #91 |
110. It sounds as if you've been on the wrong side of this trade. |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 03:24 PM Response to Reply #110 |
113. No, actually, I don't have a dog in the hunt either way. |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:42 AM Response to Reply #84 |
95. Long term is the key... |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 11:45 PM Response to Reply #65 |
90. I'm not blaming the doomsayers, survivalists, and little old ladies with gold in their basement |
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Mira (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:51 PM Response to Reply #22 |
83. Your comments are recommended for they contain lots of truth n/t |
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quaker bill (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:38 PM Response to Reply #9 |
71. prices aren't low yet. |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:04 PM Response to Reply #71 |
77. That's EXACTLY what I am doing quaker bill. |
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quaker bill (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 06:43 AM Response to Reply #77 |
99. Through most of time |
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bobbolink (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:01 PM Response to Original message |
10. It isn't just Beck.... I have been very uncomfortable with the likes of Hartmann pushing gold. |
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dkf (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:02 PM Response to Original message |
11. If oil prices are going down because people think our economy is weak that would be bad. |
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tridim (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:03 PM Response to Original message |
13. It's just beautiful to watch |
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yellowcanine (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:03 PM Response to Original message |
15. Beck, Hannity and Limbaugh listeners lose money.......a good thing. |
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bobbolink (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:08 PM Response to Reply #15 |
19. Those same schemes are pushed on Hartmann and others. Rachel used to do them, too. |
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cbdo2007 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:21 PM Response to Reply #15 |
30. Is it ironic that there is an ad for Gold.net showing on this OP for me??? |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:06 PM Response to Original message |
18. What about elk jerky? GOOD GOD MAN, don't tell me elk jerky futures are crashing!!!!! |
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Pigheaded (150 posts) Send PM | Profile | Ignore | Thu May-05-11 03:15 PM Response to Reply #18 |
27. Sell it to the survivalists |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:17 PM Response to Reply #27 |
28. Yeah, but that's like 2 weeks away. |
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ItNerd4life (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:12 PM Response to Reply #18 |
41. I'll have some. Oh wait, I thought you said moose jerky. |
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Ikonoklast (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:18 PM Response to Reply #18 |
44. I'll give you a hundred tulip bulbs for a hundred pounds of jerky. |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:21 PM Response to Reply #44 |
45. You're Dutch, aren't you? |
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Ikonoklast (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:43 PM Response to Reply #45 |
46. What of it? |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 11:38 PM Response to Reply #46 |
88. I'll tell you, there are some valuable, ah, bulbs in the Netherlands... |
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fredamae (622 posts) Send PM | Profile | Ignore | Thu May-05-11 03:09 PM Response to Original message |
20. That's, in Part b/c WE Stopped/Slowed Buying |
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cbdo2007 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:10 PM Response to Original message |
21. This is just an adjustment - silver and gold will still recover and have hefty gains this year. |
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the other one (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:13 PM Response to Reply #21 |
25. Yep |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:24 PM Response to Reply #21 |
32. They were always popular with Burl Ives. n/t |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 10:05 PM Response to Reply #32 |
86. Monthly Island of Misfit Toys reference quota for DU has been MET! |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:09 AM Response to Reply #86 |
92. Know what's sad? Probably 60% of America is too young to know what the hell I'm talking about. |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:00 PM Response to Reply #21 |
64. Gold and silver usually start to go down in May |
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galileoreloaded (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:19 PM Response to Original message |
29. You really don't understand what your looking at. Sorry. |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:26 PM Response to Original message |
34. Good economic news, Obama's numbers are up, OBL is dead. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:33 PM Response to Reply #34 |
55. The economic news has been horrible, and that's why everyone's running to the other side.. |
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Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:27 PM Response to Reply #55 |
68. One thing to take into account |
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MineralMan (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:32 PM Response to Original message |
35. Aw...man...I was waiting for gold to go up before I bought some. |
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Zanzoobar (618 posts) Send PM | Profile | Ignore | Thu May-05-11 03:36 PM Response to Original message |
38. "but it will strengthen the dollar" |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 03:45 PM Response to Original message |
39. Sorry to disappoint you, but, this pull-back isn't a trend reversal. |
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BeHereNow (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:10 PM Response to Reply #39 |
40. EXCELLENT summation of the FACTS. Thank you. |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:47 PM Response to Reply #40 |
47. Thanks BeHereNow.. |
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cbdo2007 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:50 PM Response to Reply #47 |
48. I don't feel too bad for them. They're higher now than they have been in decades. |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:02 PM Response to Reply #48 |
51. Very good point.. |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:11 AM Response to Reply #51 |
93. "they'll still miss out on what they still could potentially gain" - God DAMN. |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:20 PM Response to Reply #93 |
103. So you prefer the evaporating dollar value to benefit the banksters? |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 03:18 PM Response to Reply #103 |
111. I just like full disclosure from people as to exactly who- or what- they're working for. |
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rucky (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:18 PM Response to Reply #39 |
43. Could also be pump & dump |
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Mira (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 10:00 PM Response to Reply #39 |
85. This along with that a correction in the metals was overdue and expected is |
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KharmaTrain (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 07:33 AM Response to Reply #39 |
102. Time To Profit Take... |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:53 PM Response to Original message |
49. I Took a Double-Short Position on Gold (DZZ) |
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thelordofhell (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 04:55 PM Response to Original message |
50. Winthorp and Valentine win again |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:27 PM Response to Original message |
53. Uh, you do understand that they are crashing because our economy is in the toilet? |
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tridim (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:28 PM Response to Reply #53 |
54. Our economy is/was crashing because of commodity speculation. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:39 PM Response to Reply #54 |
57. No, our economy was not crashing because of commodity speculation. |
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tridim (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:47 PM Response to Reply #57 |
58. Have you been to the grocery store lately? |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:24 PM Response to Reply #58 |
67. Our economy never showed significant improvement. |
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pecwae (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 06:25 AM Response to Reply #67 |
98. Holy shit! |
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yellowcanine (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 05:54 PM Response to Original message |
59. Forget gold and silver. Stock up on soap. |
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mountainlion55 (302 posts) Send PM | Profile | Ignore | Thu May-05-11 07:38 PM Response to Original message |
60. Wait a minute |
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madmom (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 07:51 PM Response to Original message |
63. A friend of mine took some of her gold jewelry to the |
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Poll_Blind (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:16 PM Response to Original message |
66. Are they? This is great if so! |
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earthlight101 (41 posts) Send PM | Profile | Ignore | Thu May-05-11 08:57 PM Response to Original message |
72. STOCKMARKET IS DOWN BECAUSE OBL DEATH MEANS THE WAR IS OVER SOON |
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cbdo2007 (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 08:59 PM Response to Reply #72 |
73. um......no. |
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earthlight101 (41 posts) Send PM | Profile | Ignore | Thu May-05-11 09:00 PM Response to Reply #73 |
75. NICE LOGIC THERE |
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virgogal (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:21 PM Response to Reply #72 |
78. Stop with the caps. |
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Xicano (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:28 PM Response to Reply #72 |
79. "um......no." unfortunately is correct. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:36 PM Response to Reply #79 |
80. The Fed is inflating the monetary base, not the money supply. |
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Mira (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 10:10 PM Response to Reply #79 |
87. The dollar is on the way of losing the world reserve currency status. That means |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:13 AM Response to Reply #72 |
94. The fact is, it's been excessively over-capitalized. |
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Marrah_G (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:33 PM Response to Reply #72 |
107. Typing in caps is annoying to others- please stop |
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distantearlywarning (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 03:28 PM Response to Reply #72 |
114. Ummmm.... |
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earthlight101 (41 posts) Send PM | Profile | Ignore | Sat May-07-11 06:22 AM Response to Reply #114 |
116. please be more specific |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 09:37 PM Response to Original message |
81. I love it because I bought June put options on SLV first thing Monday morning. |
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Hugabear (1000+ posts) Send PM | Profile | Ignore | Thu May-05-11 11:41 PM Response to Original message |
89. Buying gold is a fucking SCAM |
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WCGreen (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:46 AM Response to Original message |
96. We got rid of a while mess of odd silver left over from my mom, MrsWCGreen's mom |
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Warren DeMontague (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 01:56 AM Response to Reply #96 |
97. Good call. |
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Liberal In Texas (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 07:12 AM Response to Reply #97 |
100. If you keep inflating a bubble, it will eventually pop. |
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JustABozoOnThisBus (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 07:24 AM Response to Original message |
101. Sweet! So the airlines will drop their ticket prices! WooHoo! |
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Shagbark Hickory (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:26 PM Response to Original message |
104. The beginning of the Double Dip has commenced. nt |
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joeybee12 (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:27 PM Response to Original message |
105. And a few people...like Beck...got rich on that bubble...nt |
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dionysus (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:44 PM Response to Original message |
108. no! my stockpile of bullion!!!11!! |
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Shagbark Hickory (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 12:44 PM Response to Original message |
109. Um, I just checked the prices of good and silver. If you think dropping $10 is an oz is crashing... |
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distantearlywarning (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 03:22 PM Response to Original message |
112. You know what I love? |
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distantearlywarning (1000+ posts) Send PM | Profile | Ignore | Fri May-06-11 03:31 PM Response to Reply #112 |
115. Also, I'm with the peeps on this thread who say it's a correction |
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uponit7771 (1000+ posts) Send PM | Profile | Ignore | Sat May-07-11 07:20 AM Response to Original message |
118. Looks like big money moving out of commodities into bonds, good time to refie |
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EstimatedProphet (1000+ posts) Send PM | Profile | Ignore | Mon May-09-11 07:17 AM Response to Original message |
119. I got out of my gold and silver a couple of weeks ago |
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DU AdBot (1000+ posts) | Sat May 11th 2024, 06:06 AM Response to Original message |
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