Gold over $1200 for second time in history

[Mika]

Source: Kitco



Read more: http://www.kitco.com/charts/livegold.html

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on edit - fixed incorrect post title.

[Ian David]

1. And THAT bubble will NEVER burst, right?

:sarcasm:

[Mika]

2. Not so sure.

Precious Metals Puzzle Palace
http://solari.com/archive/Precious_Metals_Puzzle_Palace/


:scared:

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[Yavapai]

3. US Dollar drops to lowest level value in history!

It now takes 1,200 US Dollars to buy a single ounce of gold....

[truebrit71]

4. Certainly not the first time in history. The high for last year was $1212.50...

..

[Mika]

7. I don't remember that. Thanks.

:hi:

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[slackmaster]

5. The price is still not at the peak it hit in early 1980

When you adjust the price for inflation.

[Autumn Colors]

6. Dumb question

I got divorced a while ago, but still have my (plain gold) wedding band in a box somewhere. Should I sell it now? Would it even be worth it financially? Cost about $80 in 2001.

PS: Zero sentimental value.

[slackmaster]

8. If you have a good use for the cash, like paying down a credit card bill, it's an excellent time IMO

If you don't really need the cash, it's a wash.

[Autumn Colors]

11. Yes, I want to pay down credit cards & need the cash (nt)

[Juneboarder]

9. IMHO... Gold will continue its ups and downs; but...

it will steadily go up as our economy continues to falter. If you can hold on to it, it will be worth more later...

[onethatcares]

10. meanwhile silver is sitting still mol

I wonder why?