Viking Supporters Co-operative
Viking Chat => Off Topic => Topic started by: BillyStubbsTears on April 15, 2013, 06:10:32 pm
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I trust none of you smart lads and lasses listened to Mad Mick last Autumn when he was telling you to sell your kids and invest the money in gold because everyone's economy was going tits up because we'd all been spending like drunken sailors and the only thing safe was a bit of shiny metal.
The price of gold has fallen by 25% since October.
Hey-ho.
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I saw that on the news yesterday I think, it did bring a little smile to my face
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It`s all the fault of us raving lefties......................
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I was advised to buy into gold about 2 or 3 years back. Silly me. I didn't.
BobG
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I was advised to buy into gold about 2 or 3 years back. Silly me. I didn't.
BobG
Don't tell me you took financial advice from Mick. Have you expanded the Betterware round yet :ohmy:
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No mate. A sound as a pound guy I've consulted for over 20 years. He's done well by me so far. Would have done better too if I'd found some pounds to convert into heavy shiny stuff.
Bobg
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Since the dramatic fall in gold prices on Monday global demand for physical gold has gone through the roof.
It is getting difficult to buy now, the soonest you can have it is now 2 weeks, if you're lucky.
We seem to be seeing a disconnect between the price of physical gold and paper gold.
Interesting times.
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Once the gold starts running out, it will cause an adjustment in the price like we've never seen.
http://www.bloomberg.com/news/2013-04-19/gold-gaining-as-physical-demand-said-to-be-extraordinary-.html
http://www.zerohedge.com/news/2013-04-20/10-signs-paper-gold-crash-unleashed-unprecedented-demand-physical-gold-and-silver
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Italy has 670 tons of gold they will be selling soon.dip yer boots if that's what turns ya on!