is your local media covering the gold rise??
Is the news media in your town covering the rise in gold prices?
my fear is once the mainstream media start covering the gold rush... it will end quickly.
the best "news" is that the local media hasn't picked up on it yet !!
cheers, Alan Mendelson
www.bestdealstvshow.com
my fear is once the mainstream media start covering the gold rush... it will end quickly.
the best "news" is that the local media hasn't picked up on it yet !!
cheers, Alan Mendelson
www.bestdealstvshow.com
0
Comments
Last one on the train until it derails?
It should go higher in this run, but a correction wouldn't surprise me at all. Especially since the papers are finally noticing it.
From CNNMoney.com announcing the record close.
<< <i>The previous high was $825.50, set Jan. 21, 1980, or $2,128.09, adjusted for inflation, according to the Minneapolis Fed Calculator. >>
"Inspiration exists, but it has to find you working" Pablo Picasso
And the housing in shambles.
haven't seen anything on the local TV station
out of Houston.
Since gold is a global commodity, and priced in (weak) dollars, why do you feel local media coverage will end teh rush. I realize some sales will come from the news of higher prices, but enough to sway the global market or make up for the very weak dollar (1 euro is over $1.46 today!!).
roadrunner
No, dammit. They're covering it up, reporting on a bunch of OT crap.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
They rarely talk about gold, but that's probably because they have so much of it in the north.
you're right, though, this current rally is not consumer-driven, but is really driven by the decline of the dollar.
still, for it to continue, consumers (individuals and investors) will have to start buying gold.
and so, once it hits the "front page" it will be "over."
cheers, Alan Mendelson
www.BestDealsTVshow.com
www.AlanBestBuys.com
www.VegasBestBuys.com
And it is not all dollar linked. The Dollar has devalued 10% this year and Gold is up 30%
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