Gold tops $290 : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Latest figures as at 12:24PDT: $290.50, up $7.72

-- Holy Shhhh (you're@too.late), September 28, 1999


A good example of why you shouldn't wait till the last minute. Just like prepping for Y2K or playing the Stock Market, if you wait just a day too long, the train won't wait for you and you'll be left there kicking yourself in the butt - thinking that you woulda, coulda, shoulda, but too late...

-- .. (..@....), September 28, 1999.

Pardon my ignorance, but if a person were only going to invest a small amount, does it make that much difference? Isn't it still better than paper cash that may become worthless?

-- Mumsie (, September 28, 1999.

Thank you :)

IMHO $400 November, moon February. Depending.


-- Andy (, September 28, 1999.

Mumsie -

Absolutely - buy now while the going's still reasonably good (but don't blame me if the price goes back down before going up further!)

Better $400 worth of gold bought at $300 instead of $255 than $300 worth of cash worth nada.

Andy -

Why are you up so late? Beer not had its effect yet ;-P

-- Holy Shhhh (you're@too.late), September 28, 1999.

One last round (of the forum, not a beer :-) ) before I turn in.
Don't forget silver, also. -- I got some more (a VERY small amount) today.
Andy -- I got Ravi's latest; started in on it earlier this evening. Already thinking I got too high a percentage in cash if inflationary scenario rather than deflationary.

-- A (, September 28, 1999.


Where can I buy a "Yellow Dog"? Not that I have had time to look for one - not since the yellow metal started to rise anyway. You never Know, they could become as popular as Beanie Babies before this is all over. I am aware that the Beanie Baby Boom has spun out, so which boom is this? Number 101.

Thanks so much for all your info' over the last few months, it's much appreciated - yours and Gordon Gekko's.

Happy days to one and all


-- Pamela J Lawrence (, September 28, 1999.

04:00 PST: $292.25, up $9.47

-- Y2KGardener (, September 28, 1999.

04:12 PST: $294.00, up $11.22

Up, up and awaaaayyyy

-- Y2KGardener (, September 28, 1999.

Why is it going up? I looked at the Kitco gold charts. Gold held a steady price through the New York and London trading sessions yesterday, but is skyrocketting during the Asian trading session. Any ideas?

-- sparrow (, September 28, 1999.

Can someone explain to me what "gold leaps" are and if they are a good investment?



-- Roland (, September 28, 1999.

You mean gold heaps, surely?

05:31 PST: Gold just went past $295... you should have been there to see it.

-- Y2KGardener (, September 28, 1999.

05:34 PST: $296.48 and rising... anyone else following this?

-- Y2KGardener (, September 28, 1999.

Yes, hang on tight. The shorts are taking it in the shorts!

-- y2khippo (, September 28, 1999.

"...Anyone else following this..?"

Well, I'd like to, but -- Kitco's page is too busy.

Can you recommend another easy way to follow the price of gold? thanks in advance.

-- pretty (shiney@yellow.metal), September 28, 1999.

I use this: http://www.metalsman. com/masterprices.htm

...but don't y'all go making that one to busy!

-- Y2KGardener (, September 28, 1999.

Hmmm... just after posting that link they stopped updating... always worked up till now...

Try this site for graphs: Graphs
...seems from there it's $300.80 now...

-- Y2KGardener (, September 28, 1999.


-- Y2KGardener (, September 28, 1999.

Hey! Andy! Wake Up!
Time to gloat!

Latest: $303.48, up $20.70

-- Y2KGardener (, September 28, 1999.

At this rate we'll be facing the AU1K problem soon... $304.98... all bets are off!

-- Holy Shhhh (you're@too.late), September 28, 1999.

skyrocketting during the Asian trading session

There is a technical explanation for this, but don't ever neglect psychology also: after all the wars and disasters in Asia this century, many immigrant families preserved weatlth in the form of gold. When their land holdings were confiscated, and the currency changed or became worthless. Of course, they had a 'new frontier' to spend their preserved wealth in: North America. This time around, there won't be anywhere to go.

-- ct vronsky (, September 28, 1999.

Not too late. If it's going up that far, you can buy in now. Good for asset preservation, all considered.

-- Mara Wayne (, September 28, 1999.

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