2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 494.42

+3.8%

4:00 PM EST

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To: RJA_ who wrote (86559)	1/28/2012 7:05:56 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 219837

Now over $400 per ounce to dig it up? I admit I haven't checked lately how much it costs to dig new gold. Whatever it is, as you say the amount doesn't go up and down quickly, but the longer it stays up, the more people will bring on stream more of the stuff. The current Irrational Exuberance is based on the idea that the USA if not the world is going back onto the gold standard. I am betting a lot against that idea. I have my bets on what will replace the US$ and others. No, I am not advising people to buy QCOM at $60 a share. I'm not doing so myself, so I don't see why other people should do. Mqurice

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