There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol

"...The Indian central bank’s purchase from the IMF was made last
month at an average price of $1,045 an ounce, and the $6.7 billion
acquisition increased its holdings to about 557.7 tons. The IMF agreed
in September to sell 403.3 tons to shore up its finances and provide
more low-interest loans..." http://www.bloomberg.com/apps/news?pid=20601116&sid=aK0HS2qwzbU0

There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol

"...The Indian central bank’s purchase from the IMF was made last
month at an average price of $1,045 an ounce, and the $6.7 billion
acquisition increased its holdings to about 557.7 tons. The IMF agreed
in September to sell 403.3 tons to shore up its finances and provide
more low-interest loans..." http://www.bloomberg.com/apps/news?pid=20601116&sid=aK0HS2qwzbU0

abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?

if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....

Since when did central banks support the PoG?

On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster

bjfos... at (no spam) yahoo.com.invalid> wrote:
Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol

and what makes you conclude that?

if it were not for central banks supporting the price of gold,
    the price would (probably) *collapse*....
it sure looks like a bubble to me

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol

and what makes you conclude that?

"...The Indian central bank’s purchase from the IMF was made last
month at an average price of $1,045 an ounce, and the $6.7 billion
acquisition increased its holdings to about 557.7 tons. The IMF agreed
in September to sell 403.3 tons to shore up its finances and provide
more low-interest loans..." http://www.bloomberg.com/apps/news?pid=20601116&sid=aK0HS2qwzbU0

On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?

if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....

it sure looks like a bubble to me

"...The Indian central bank’s purchase from the IMF was made last
month at an average price of $1,045 an ounce, and the $6.7 billion
acquisition increased its holdings to about 557.7 tons. The IMF agreed
in September to sell 403.3 tons to shore up its finances and provide
more low-interest loans..." http://www.bloomberg.com/apps/news?pid=20601116&sid=aK0HS2qwzbU0

B J Foster wrote:
abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?
if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....
Since when did central banks support the PoG?



Please tell me you're not that stupid.

abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?

if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....

Since when did central banks support the PoG?

B J Foster wrote:
abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?
if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....
Since when did central banks support the PoG?



Please tell me you're not that stupid.

On Fri, 06 Nov 2009 02:17:01 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?
if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....
Since when did central banks support the PoG?

for ever...well, a very long time!

You got that reversed, they used gold to support their paper money.

On Nov 5, 8:48 am, abelard <abela... at (no spam) abelard.org> wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster

bjfos... at (no spam) yahoo.com.invalid> wrote:
Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol

and what makes you conclude that?

if it were not for central banks supporting the price of gold,
    the price would (probably) *collapse*....
it sure looks like a bubble to me


Look at this fucker on Glenn Beck waving his 10 oz bar around in a
pathetic attempt to make you think that money has no value and gold
does. He's actually saying, please by gold at these prices 'cuz it can
only go up. Isn’t that what they were saying about real-estate? Isn’t
that what they say about investing in education? Isn’t that what they
said about technology? Who the hell do these people think they're
fooling? Who has any money to buy gold even if they wanted to? Its
fucking bizarre.

http://www.foxnews.com/glennbeck/#

abelard wrote:
On Fri, 06 Nov 2009 02:17:01 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?
if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....
Since when did central banks support the PoG?

for ever...well, a very long time!

You got that reversed, they used gold to support their paper money.
Until the governments managed to sucker the people into fiat money. Look
how that change and hope is working out.

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol

"...The Indian central bank’s purchase from the IMF was made last
month at an average price of $1,045 an ounce, and the $6.7 billion
acquisition increased its holdings to about 557.7 tons. The IMF agreed
in September to sell 403.3 tons to shore up its finances and provide
more low-interest loans..."
http://www.bloomberg.com/apps/news?pid=20601116&sid=aK0HS2qwzbU0



Great news. Now that India has got some money to spare, we can finally
stop sending foreign aid......can't we?....

On Thu, 05 Nov 2009 10:38:30 -0500, Beam Me Up Scotty
Then-Destroy-Everything at (no spam) Talk-n-dog.com> wrote:

abelard wrote:
On Fri, 06 Nov 2009 02:17:01 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

abelard wrote:
On Thu, 05 Nov 2009 20:01:36 +1100, B J Foster
bjfoster at (no spam) yahoo.com.invalid> wrote:

Moderator wrote:
There always has to be a bigger fool but since few people are buying
or have the money to buy, India steps up with a buddy deal to buy 200
metric tonnes of the 400 tonnes of IMF gold. No make sure you get on
the gold band wagon and purchase at record highs. Can you spell
bubble? lol
and what makes you conclude that?
if it were not for central banks supporting the price of gold,
the price would (probably) *collapse*....
Since when did central banks support the PoG?
for ever...well, a very long time!

You got that reversed, they used gold to support their paper money.
Until the governments managed to sucker the people into fiat money. Look
how that change and hope is working out.

your comments are too muddled for me to be able to parse