His vote of no confidence - gold at $927.70 highest ever and still going up

[kelligesq]

we ought to have the govt that has no confidence vote so that we could have gotten rid of him Pelosi Reid Boner and the whole bunch of them long before this

[sabbat hunter]

1. do you know how a no confidence vote works?

with a no confidence vote parliament holds the no confidence vote, if a proposal by the PM doesn't pass.

not the general public.

[kelligesq]

3. duh - no kidding

[sabbat hunter]

14. obviously you don't

otherwise you would have never made your statement

we ought to have the govt that has no confidence vote so that we could have gotten rid of him Pelosi Reid Boner and the whole bunch of them long before this

A vote of no confidence is not held by the people, but by parliament. So how exactly how could have "we" gotten rid of them?

[roamer65]

2. I wanna see $2500 per ounce.

:evilgrin:

[pitohui]

4. not me, at that price my hubby would make me sell my jewelry

i can barely justify keeping it as it is...!

[roamer65]

6. A lot of jewelry has been heading for the melting pot.

I read a story on it the other day. A lot of this gold is heading to China.

[kelligesq]

7. What? to China ! Why? why china?

[roamer65]

8. China just liberalized private gold ownership.

The demand will be overwhelming, especially with Chinese inflation nearing double digits.

[MadHound]

12. Why to put it into all those computers and other electronic devices and paraphernalia.

Resources following manufacturing.

[kelligesq]

5. you know what that means- some say $2500, some say $6000

but that means 1929 redux - and I think it's possible...no jobs , more layoffs, more factory closings, more outsourcing...

not looking good

Silver is still $16.64 , affordable to buy 90 % + pure silver....expected to go
to $26.00 sooner rather than later....prolly go higher than that too cause there is no confidence in the dollar

[Art_from_Ark]

9. It was a little different back then

In 1929, and until 1934, gold was still 20.67/ounce, the same price it had been since the 1830s.

[kelligesq]

10. When booooossh came in gold was at 230-270 something I believe

but I could be wrong - it could have been at 335 or so..but now its 3 times that amount

[Art_from_Ark]

13. Gold was around $270 just after January 20, 2001

and bu$h's been printing money like crazy ever since.

[aint_no_life_nowhere]

11. If it keeps going up, I may be buying a mule and some digging equipment

Just so long as I don't run into any banditos without badges.