The signal of absolute no confidence in the fiat money, usury-based economy…from Reuters:
Gold vaulted above $1,700 an ounce for the first time on Monday, after the respective pledges by the G7 and the European Central Bank to quell the turbulence in the financial markets did nothing to put investors at ease…
Of course it didn’t, because the ECB if bankrupt, all its money already having gone to shore up Greece and Portugal and there not being enough money in Europe to bail out Spain and Italy.
Going to be an interesting day – in the “Chinese curse” sense of the word.
Gold is now up to 340 packs of cigarettes. Wonder if Mark is looking around the house for some spare gold? 🙂
Tommy-boy loves to ask “what was the stock market at when obama took over and what is it now???”
But will he have the guts to ask: “What was the price of gold when obama took over and what is it now???”
Of course not, tommy-boy is a coward and a drone.
what was unemployment?
the debt?
the deficit?
and no flash mobs
With the economy taking under our dear, glorious and beloved leader obama and with the value of gold hitting $1700 how long will it take for Roosevelt’s Executive Order 6102 to come back into play?
Tom Tom, it is still “fear mongering” if comes true? say like the America’s credit rating being down graded? Unemployment hitting over 9%?
fear mongering? I don’t think those words mean what you think they mean.