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i don't know why gold price is going up

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  1. p0k3rj03 p0k3rj03 is offline

    Livonia, MI
    United States

    Posts: 555
    Joined: Nov 06

    Aug 9th, 2011 (8/9/2011 10:46pm)

    up 10% in the last month. i own gold but every time i see a commercial for a company selling people gold i just think of how many people buying gold now are idiots. gold isn't gonna do you much good "when the economy crashes because obama's bringing a post-socialist wasteland where dollars are worthless". and hearing g gordon liddy, this guy who advocated the MURDER of journalists who politically opposed the nixon white house, tell me that i should buy gold from him because "gold has never been worth zero" makes me feel like i must be a retarded asshole for owning gold at all.
    Edited By: p0k3rj03 Aug 9th, 2011 at 10:47 PM
     
  2. dolphin13 dolphin13 is online now OT Vice MVP

    Chicago, IL
    United States

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    Aug 9th, 2011 (8/9/2011 10:47pm) in reply to p0k3rj03

    pass
  3. Niceguy Niceguy is offline I will find you.

    NV
    United States

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    Aug 9th, 2011 (8/9/2011 10:50pm) in reply to dolphin13

    Gold is going up because people believe it is tangible. It's an exchange between paper money that's losing value and is only backed by faith, to a commodity that in itself has value and backs itself. Atleast imo. New edict means no more jewish jokes so I'll end it here........nose.
    Edited By: Niceguy Aug 9th, 2011 at 10:50 PM
  4. Shaaarrrp Shaaarrrp is online now

    Arlington, VA
    United States

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    Aug 9th, 2011 (8/9/2011 10:50pm) in reply to p0k3rj03

     
    Originally Posted by p0k3rj03 View Post

    gold isn't gonna do you much good "when the economy crashes because obama's bringing a post-socialist wasteland where dollars are worthless".

    Why do you think dollars are the same as gold?
     
  5. kidrockin kidrockin is offline cro magnon

    Yeniky
    Turkey

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    Aug 9th, 2011 (8/9/2011 10:52pm) in reply to Shaaarrrp

    guns>gold

    dolphin loves guns
     
  6. p0k3rj03 p0k3rj03 is offline

    Livonia, MI
    United States

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    Aug 9th, 2011 (8/9/2011 11:15pm) in reply to Shaaarrrp

     
    Originally Posted by Shaaarrrp View Post

    Why do you think dollars are the same as gold?

    well because i think the mentality of some of these assholes is that if the dollar becomes worthless, and theyve bought gold with all their dollars already, they'll be extremely gold-wealthy and be able to barter for things with gold, while people with dollars cant trade said dollars for very many "things" anymore.

    but in reality if we ever got near such a shape the government can easily just lay down an edict through commerce clause saying you can't use anything except the dollar as currency to stop that previous situation from ever happening.
     
    Thread Starter
  7. Hank H1LL Hank H1LL is offline

    Holy See (Vatican City State)

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    Aug 10th, 2011 (8/10/2011 1:38am) in reply to p0k3rj03

    if americans are ever bartering with gold you can be damn sure they aren't listening to the government anymore.

    fucking christ.
  8. joeykukzMSU joeykukzMSU is offline

    Peoria, IL
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    Aug 10th, 2011 (8/10/2011 1:40am) in reply to Hank H1LL

    unless its that chocolate with the gold foil wrapper. its worth zero.
  9. budo09 budo09 is offline

    Washington, DC
    United States

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    Aug 10th, 2011 (8/10/2011 1:44am) in reply to joeykukzMSU

    what the fuck is this thread
  10. TheWacoKidd TheWacoKidd is offline haters gonna hate

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    Aug 10th, 2011 (8/10/2011 1:44am) in reply to p0k3rj03

     
    Originally Posted by p0k3rj03 View Post

    i must be a retarded asshole

    yep.

    move along folks, nothing to see here
     1
  11. budo09 budo09 is offline

    Washington, DC
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    Aug 10th, 2011 (8/10/2011 1:45am) in reply to joeykukzMSU

     
    Originally Posted by joeykukzMSU View Post

    unless its that chocolate with the gold foil wrapper. its worth zero.

    Bite your tongue... Rolos are priceless.
  12. TheWacoKidd TheWacoKidd is offline haters gonna hate

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    Aug 10th, 2011 (8/10/2011 1:47am) in reply to joeykukzMSU

     
    Originally Posted by joeykukzMSU View Post

    unless its that chocolate with the gold foil wrapper. its worth zero.

    these? sooo delicious imo

     1
  13. duece9ofRed duece9ofRed is offline

    Darlington, SC
    United States

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    Aug 10th, 2011 (8/10/2011 2:08am) in reply to p0k3rj03

     
    Originally Posted by p0k3rj03 View Post

    up 10% in the last month. i own gold but every time i see a commercial for a company selling people gold i just think of how many people buying gold now are idiots. gold isn't gonna do you much good "when the economy crashes because obama's bringing a post-socialist wasteland where dollars are worthless". and hearing g gordon liddy, this guy who advocated the MURDER of journalists who politically opposed the nixon white house, tell me that i should buy gold from him because "gold has never been worth zero" makes me feel like i must be a retarded asshole for owning gold at all.

  14. Leet8s Leet8s is offline usausausausausa

    New York City, NY
    United States

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    Joined: Aug 06

    Aug 10th, 2011 (8/10/2011 2:10am) in reply to duece9ofRed

    If you are unsure, sell out a percentage, never hurts taking profit especially in this volatile time. Take 50% off if that's how you feel.
     
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