Posts Tagged ‘Great Depression’
Gold Closed Today at $1,001.80
Posted by: Peter Davis on: February 21, 2009
My prediction that gold would hit $1,000 per ounce by the end of March came a little early when gold closed today at $1,001.80.
It took nearly 6 months after the 2008 financial panic that gold is finally is starting to glitter. I was surprised that the price was held so low since the demand for [...]
Gold $900 Oz
Posted by: Peter Davis on: January 24, 2009
Gold pushed upward to $899.10/oz today! I’m sure it’s heading much higher once everyone figures out that paper money isn’t back by anything but a bunch of politicians full of hot air…
IMO, gold is heading upwards. How high nobody knows but some gold prognosticators think it’s heading to $5000 an ounce. Perhaps this will happen [...]
Price of Gold Shoots Up Over $800
Posted by: Peter Davis on: November 22, 2008
The price of gold did a jump shot and hit $800 today. With a price increase of over $50, gold is becoming … well gold again… He shoots … Gooooold, Goooooold, Gooooold, Gooooold … I guess you have to watch a soccer match announced in Spanish.
I wanted to buy gold earlier this week when it [...]
Senate Vote on Bailout: Passes 74-25
Posted by: Peter Davis on: October 2, 2008
The Senate vote on the Wall Street Bailout Bill passed by a margin of 74 to 25. Senators voting against the bill were:
Sen. Wayne Allard (R-CO)
Sen. John Barrasso (R-WY)
Sen. Sam Brownback (R-KS)
Sen. Jim Bunning (R-KY)
Sen. Maria Cantwell (D-WA)
Sen. Thad Cochran (R-MS)
Sen. Mike Crapo (R-ID)
Sen. Jim DeMint (R-SC)
Sen. Elizabeth Dole (R-NC)
Sen. Byron Dorgan (D-ND)
Sen. Michael Enzi [...]
Price of Gold Jumps to $867 Per Ounce
Posted by: Peter Davis on: September 18, 2008
- In: Business| Government
- 1 Comment
Today, the price of gold per ounce jumped nearly $90 on fears of a collapsing economy. Investors and ordinary citizens are rushing out and buying gold in droves. I’m pretty sure that gold can easily reach several thousand dollars per ounce.
The nationalization of debt continues to put downward pressure on equities and a forthcoming collapse [...]
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