The Cellar  

Go Back   The Cellar > Main > Current Events

Current Events Help understand the world by talking about things happening in it

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 10-23-2004, 01:09 PM   #8
marichiko
Guest
 
Posts: n/a
As an aside, I've noticed that the price of gold is the highest it's been in 10 years. In a very general sort of way, the price of gold increases as people begin to feel anxious about the general economic/ political outlook. I realize that gold bugs often tend to be on the wonked out side, but it is an interesting correlation that seems to prove true more often than not. My ex-step father was a gold bug which was what got me interested in the whole thing. He was descended from a family of Armenian Jews who fled all the way across Russia to end up in LA around 1915 or so. They made their escape by means of the proverbial gold coins stashed away in their belongings. When I got my small windfall earlier this year, I bought 8 gold American Eagles to help pay my future rent. At the time I bought them gold was going for $385.00/oz; now its at $424.00.

Last edited by marichiko; 10-23-2004 at 01:12 PM.
  Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 11:30 AM.


Powered by: vBulletin Version 3.8.1
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.