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Holy Cow!!!!!! $1,080 per ounce ... That's$2.25 / grain -- $54.00 / DWT --$34.73 / Gram
Don't know whether to be happy or freak out .. But I am going beeping right now!!!!... Cheers, Unc
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New Record Gold Price
#1
Uncle Ron 
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Posted 03 November 2009 - 10:07 AM
WSPA #32
Uncle Ron's Custom Arizona GoldField Maps for 2009
"Nuggethunting Tip: You can shorten the time it takes you to find that first gold nugget, considerably, by looking only for the nuggets with your name on them."
Uncle Ron's Custom Arizona GoldField Maps for 2009 "Nuggethunting Tip: You can shorten the time it takes you to find that first gold nugget, considerably, by looking only for the nuggets with your name on them."
MultiQuote
#2
Dakota Slim
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Posted 03 November 2009 - 10:38 AM
By all means Unc, go beeping, but don't even think about selling. The dollar is shrinking fast and has a long way to go. 
Dakota Slim AKA CC
Webmaster / Hostmaster / Prospector / Full Time RV'er
"Searching for a little gold with AKC Nugget."
WSPA #38 - 24K #30138 - GPAA #246221 - AAMD #1923
www.megaton.net | www.megaton.com | get your web site online today
Webmaster / Hostmaster / Prospector / Full Time RV'er
"Searching for a little gold with AKC Nugget."
WSPA #38 - 24K #30138 - GPAA #246221 - AAMD #1923
www.megaton.net | www.megaton.com | get your web site online today
#3
El Dorado
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Posted 03 November 2009 - 10:56 AM
This is nuts.... The price jump is said to be centered on India Central Bank buying 200 metric tonnes from the IMF.... what is strange is deals like that usually pressure prices to go down not up. Watch out when China spends their shrinking dollars on gold
#4
garimpo
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Posted 03 November 2009 - 03:39 PM
So El Dorado are you saying now is the time to unload the gold we've got saved for
the right price?....
the right price?....
If it beeps--dig it!! Garimpo
IN GOD WE TRUST
IN GOD WE TRUST
#5
Dakota Slim
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Posted 03 November 2009 - 04:31 PM
My guess is India figured out that if American companies can't afford to answer their own phones they have no future. They are unloading their dollars for gold.
Dakota Slim AKA CC
Webmaster / Hostmaster / Prospector / Full Time RV'er
"Searching for a little gold with AKC Nugget."
WSPA #38 - 24K #30138 - GPAA #246221 - AAMD #1923
www.megaton.net | www.megaton.com | get your web site online today
Webmaster / Hostmaster / Prospector / Full Time RV'er
"Searching for a little gold with AKC Nugget."
WSPA #38 - 24K #30138 - GPAA #246221 - AAMD #1923
www.megaton.net | www.megaton.com | get your web site online today
#6
El Dorado
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Posted 03 November 2009 - 05:06 PM
Jim Sinclair. One of my gold gurus predicted $1100 gold by years end last January...... best to hold on for a great ride if he is correct!
#7
old gold miner
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Posted 03 November 2009 - 05:45 PM
I think we might see $1200 gold, in the not far future.
Any country holding billions in US dollars, is looking to trade those US dollars for something better.
Sadly, as the US deficit increases, there are more secure options holding a basket of other currencies, gold, silver etc.
China is the bull on the horizon.
They are buying gold with US dollars they hold & let me assure you, they hold billions of US dollars in cash & treasury bills
PS, on some gold I have purchased over the years, mostly coins.
When the price is high enough, meaning double my purchase price.
I sell around 50% of any particular batch.
That leaves me holding the other half of that batch, with ZERO invested in it.
Which makes it into what I refer to as "patient" investment.
No matter where the price goes, I still profit
If it doubles again,...... again.....I sell 1/2 the remaing batch, etc.
Any country holding billions in US dollars, is looking to trade those US dollars for something better.
Sadly, as the US deficit increases, there are more secure options holding a basket of other currencies, gold, silver etc.
China is the bull on the horizon.
They are buying gold with US dollars they hold & let me assure you, they hold billions of US dollars in cash & treasury bills
PS, on some gold I have purchased over the years, mostly coins.
When the price is high enough, meaning double my purchase price.
I sell around 50% of any particular batch.
That leaves me holding the other half of that batch, with ZERO invested in it.
Which makes it into what I refer to as "patient" investment.
No matter where the price goes, I still profit
If it doubles again,...... again.....I sell 1/2 the remaing batch, etc.
It is wise to listen twice as much as you speak. If mother nature had intended otherwise, she would have given you 1 ear & 2 mouths.
#8
Micro Nugget
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Posted 04 November 2009 - 04:41 PM
Today it closed around $1,092.
Martin WSPA#5
Prospecting success, be it for HEARTS, TRUTH or GOLD, takes COURAGE and HONESTY to penetrate through the appearance of things, plus PATIENCE and FORTITUDE to work through the many layers of things of which both nature and human nature are composed.
Prospecting success, be it for HEARTS, TRUTH or GOLD, takes COURAGE and HONESTY to penetrate through the appearance of things, plus PATIENCE and FORTITUDE to work through the many layers of things of which both nature and human nature are composed.
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