Article

2006-04-06 Home Front Economy

NY gold hits $600 an oz early, silver scales $12

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Nimble Spemble 2006-04-06 10:05|| || Front Page|| [7 views since 2007-05-07] Top

#1 Iranian gold reserves withrawn, etc. I expect many Iranian overseas assets (most Iranian private assets are held offshore) are being converted to something that can't be frozen.
That and maybe Arabs expecting trouble. They flee to gold quickly.

Posted by buwaya 2006-04-06 12:13|| 2006-04-06 12:13|| Front Page Top

#2 Silver is even more amazing. With the near death of film you'd figure a huge loss of industrial demand.

Posted by 6 2006-04-06 13:46|| 2006-04-06 13:46|| Front Page Top

#3 I've also notice the early signs of Greshams law starting to be enforced - penny bowls are going away down here. Bronze pennies now worth 2 cents.

Posted by 6 2006-04-06 13:48|| 2006-04-06 13:48|| Front Page Top

#4 "the loftiest level for futures since January 1981"
Seems like gold peaks every time The Great Satan and the Mad Mullahs are about to duke it out in the Persian Gulf.

Posted by Darrell 2006-04-06 14:01|| 2006-04-06 14:01|| Front Page Top

#5 United Arab Emirates, in particular Dubai, have been steadily buying up gold over the last year. Don't know what's driving their decision. Preparations for what? A global economic collapse due to a crash of our stock market in response to another attack here at home?

Posted by DonM 2006-04-06 17:27|| 2006-04-06 17:27|| Front Page Top

15:25 Chomsky Truth Family
15:18 Chomsky Truth Family
14:59 Chomsky Truth Family
14:57 Chomsky Truth Family
03:01 Listen To Dogs
02:58 Listen To Dogs
04:25 Don t Steal Posts
01:03 ºìÍâ²âÎÂÒÇ
23:33 Barbara Skolaut
23:33 Hupomotle Fluling3523
23:25 Brett
22:44 3dc
22:00 DMDF
21:59 Charles
21:59 Florida Gators!!!
21:57 mojo
19:53 MacNails
17:48 BigEd
17:47 djohn66
17:36 mhw
17:28 tu3031
17:27 DonM
17:26 tu3031
17:26 djohn66