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$1,073.10 !!

OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,367 ✭✭✭✭✭
Looks like the gold price at Kitco just surged $10 in the last five minutes. What happened?

Comments

  • konsolekonsole Posts: 795 ✭✭✭
    supposedly India bought like 200 tonnes
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    its in the 1080s now!! Silver at 16.99!!
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  • Good for India! 100 tonnes? As a small fish in the pond.... I just bought. What happened? Countries are hedging against currencies, inflation, stagnation and debt. Buffet just bought BNI for 38B. Wonder what his gold position is?image
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Buffet needs a railroad to haul his PM stacks/stash!image
    Avid collector of GSA's.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Didn't Warren Buffet buy 10% in the worlds physical silver in Feb 1998? I think that is when silver surged to around $7 an ounce. Mr Buffet had some serious storage fees with that pile O silver.
    Wasn't Warren Buffet semi forced by the goverment to sell his pile of silver a few years later?
  • Going to research if Buffit had to sell his silver.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
  • India central banks tell the buck to get stuffed.

    Link

    200 tons and what do you get?
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