What Does It Mean?

[Potholes Bob-NM]

Gold just closed the day at $510 having actually hit a peak of $514 briefly. This is the highest that gold has reached since early 1983!

Is it because of our trade deficit? Our national debt? Or is Asia and others conspiring to manipulate the price of gold?

If I had some surplus gold, I would be selling at this stage, not buying!

I am reminded of the deal that the Hunt brothers pulled with Silver back in the 80s....Hmmmmmm!

Potholes Bob

 

[Grubstake]

Asia, knows our money is only good for toilet paper, nothing backing it, but the goverments word, if you look at all the corruption in the GOV. and the lies they have been telling lately, it would make you think, that hard money, gold and silver is the way to go. I don't think it has anything to do with the economy or the stock market, just that we have lost our foundation that we live by, our word. The GOv. has gotten wishy washy in the past year. They tell a lie, then make up another to cover that one up. Our Dollar is a promisary note, and if your words are all lies, then who would want our cash? My opion Grubstake