Sunday, May 2, 2010

Paul sees possible troubling trend with Global Financial System and gold


Ron Paul: I see a development in the Gold market. For years, Gold has acted like commodity and roughly tracked the stock market. Last week, I believe due to major instability in the Eurozone (Greece and Spain), Gold went up and the markets went down, evidence that Gold is acting like a safe haven currency. I'll pay close attention this week, this could spell troubling things for the global financial system.

8 comments:

  1. Looks like we may see commodities, PM's all in general do some climbing this week. Both, already up this morning. We'll see.

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  2. Moving towards that $1,200 barrier again. I think the high price was set back in December, 2009 at $1,215.

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  3. The MSM is for crap. Pure crap.

    Headline reads: "Oil soars" blah, blah, blah.

    It's up 10 cents!

    Geeesh! This is the kind of thing that clearly points out why one should not take in this crap! It's crap, all crap!

    Granted, I believe oil is going back up, truly, but this kind of crap is dispicable!

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  4. ...just a lil chocolate milk. ;P

    http://www.breitbart.tv/mississippi-democrat-compares-oil-leak-to-spilled-chocolate-milk/

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  5. Seems Dr. Paul was right, too.

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    ReplyDelete