Bloomberg Headline Of The Day
While we wait, and wait, and wait for the neverending story out of Athens to finally end, we present some comic relief. Not even sure where to start with this headline du jour from Bloomberg, there is just so much 101% concentrated #win here...
- GOLD WILL RISE TO $1,250 IF EURO ZONE ENDS, ECONOMIST SAYS
Ph.D, baby. Ph.D.
(17 votes)
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Back up the truck bitchez!
Crude must be going up to 85 then -http://hedge.ly/xPoM7d
Yeah but you can't eat gold or crude, so what's the point?
Is it just me or did Tyler edit this to underline the key words in the headline???
I mean, really T, what must you think of us... we aren't THAT hard of thinking! :-)
Look at the comments below. That should be enough for you to retract this post.
The thing is... people aren't interested in gold... it's not backed by anything. The dollar, on the other hand, is backed by the federal reserve. There is still time to convert your relics to something you can use.
That calls for a /SARC.
Huh? No sarcasm... I saw it on the television... must be true: http://www.youtube.com/watch?v=ZLL2r3hXmjA - Sounds like you should watch more TV... you might learn something. :-)
How much do they pay that klutz?? Anything above zero and they've been had.
she's pretty ain't she? so who cares what she says
Works better with the sound off.
And that is the truth. NO sarcasm.
I'm sure she has plenty of skills.
Don't listen. Jokes aren't very funny if you have to say "that was a joke" at the end.
It was a moment of weakness.
So's turning on CNBS.
Hey, she's on TV. Are YOU on TV? No you're not on TV.
Sound's like sour grapes to me. I rest my case.
Finally someone speaking the hard cold truth... :)
dollar is backed not by federal reserve but by working americans who produce. But i must say they are quite lazy so it is better to be in yuan and use chinese labour instead
Not sure about the EURO currency...
But the EURO ZONE - will not end.
Its the new Empire (Roman)
He probably got that $1250 quote yesterday from Cash-4-Gold.
Or from Pawn Star
$1250, best I can do
That's six months of cat food grandma, take it or leave it.
Speaking of Cash-4-Gold...
Priceless humor.
http://www.wtfeck.com/2150/cash-4-gold-painted-rocks-letter/
Or Cats-4-Gold....
Funny.....yes
Priceless........no
There are those of us that have to bang phones for a living and tools like this can work severed nerves.
+100 for "ungreased, hammer-time love-making session" with our telemarketer Carol..."
ROFLMAO
"backdoor".......?
"feral and preposterous" -- alltime favorite!
She must be a cougar!
He should have shipped micro-plated Tungsten instead...
"Seasoned geologists"? I've heard of people sending them tungsten and getting money back. Ain't nothing seasoned about that.
he really meant 1,250 (pound) sterling...no?
"$1250 ?"
Has this learned philosophiae doctor been on the loo reading Vanity Fair, whilst gold has risen this past decade ?
Such an insular, myopic lot -- but, as the old saw goes, you can tell a Harvard man, but you cannot tell him much.
He meant K$1250. He is measuring in KiloBucks.
No, what I think they meant was €1,250...
Which is even funnier because if the Euro zone ends, why price stuff in Euro?
Maybe it was Clesius?
soon...so will the fed
Apples should be compared to apples. Gold is honest money and something that one will be able to use to acquire any available goods or services when the shit hits the fan (as history has proven several times). It was never intended to be eaten... who in his right mind was hoping to eat it? Thus, comparing apples to apples (in terms of a medium of exchange), applying your logic, can you eat fiat money? Hell no! Thus, try to acquire and store guns, gold, silver, food and other necessities, don't reject any of these, especially not based on lame excuses for inaction or whatever your true reasons might be for rejecting gold. I apologize in advance if I've got the cat by its tail or if this offends you in any way, but we must get passed the point where excuses such as "you can't eat gold" get uttered, because it perfectly serves the interests of our current masters.
According a new FBI report, comparing apples to apples is a terrorist red flag. You should compare apples to oranges or more appropriately, bananas.
Ya, owning Gold in the 99% ranks rates you as a financial terrorist, however owning bananas seeks the wrath of the FDA.
Lost all mine in a boating accident.
Gold or bananas?
Truee, but you can change it for food !! Nobody will give you food for worthless paper !
Exactly, that is why fiat money should be exchanged for gold, silver and other necessities before it becomes utterly worthless.
I think they forgot a zero...
best...... :)
alx
A zero AND comma in the wrong spot!
lol ...now load the truck bitchez!
Truck-loading is now considered a terrorist act...
absolute genius
HFJ = High Frequency Journalism
With Real Time Polling (rtp)
To Direct the flow of the future.
Where perceived meets reality through
A feed back mechanism known as the Drudge.
Soros calls it "theory of reflexivity".
If they 1250. Then 1250 is what it shall be!
With Real Time Polling (rtp)
To Direct the flow of the future.
Where perceived meets reality through
A feed back mechanism known as the Drudge.
Soros calls it "theory of reflexivity".
If they 1250. Then 1250 is what it shall be!
Great article about Germans and Euro... http://heavenbounf.blogspot.com/2012/02/tinkerbell-economics-confidence-... funny how they think it will go in Greece..
Tinkerbell Economics – The Confidence Fairy, Pixie Dust and a Sleeping Dragon Daniel Alpert, EconoMonitor
http://www.bloomberg.com/news/2012-02-08/bernanke-led-economy-proving-cr...
Bernanke Economy Proves Critics Clueless on FedWe have a contender to the throne today.
I'd be buying at $1250...just like I did before...
2250 maybe
And the end is coming.
I'm missing something here. Gold is 1700+...is this shotty journalism. Someone get in the wayback machine. Fix this please.
maybe he meant $2,250
Or maybe he meant FALL
Oh wait, he's an economist, he meant both of both, that way he can come back later and say one of his scenarios was correct!
Maybe this was Mr Market Ticker.
I BAN YOU!
will rise? from what the ashes?
anybody know what they wanted to put there... before the typo?
Typo? The retail investor probably has no idea what the price is.
rise to $1250? some other dollar? I don't get it
Code.
Maybe they were referring to silver.
in that case, I get it now
It will rise negatively??? Oooo.
Bloomberg rehypothecated that story from AP and that was hyperhypothecated from Reuters.
Dec. 13 (Bloomberg) -- Gold, in the 11th year of its longest winning streak in at least nine decades, is poised to enter a bear market, according to Dennis Gartman, who correctly predicted the slump in commodities in 2008.
The metal, which traded at $1,666.30 an ounce at 2:43 p.m. in London, may decline to as low as $1,475, the economist wrote today in his Suffolk, Virginia-based Gartman Letter. He sold the last of his gold yesterday. Bullion has already dropped 13 percent from the record $1,921.15 reached Sept. 6 and $1,475 would extend that to more than 20 percent, the common definition of a bear market.
Gartman is a goverment mouthpiece.
Bberg just corrected....should have been $2,500/oz.
Now that we are all on the same page....
[cracks knuckles]
....how about we get ahead of the idiot media and front run this bitch.
Buy some silver yo
So they were measuring in half-ounces before. (Or maybe it's going to get to $1250 a gram. I'd pay 100 trillion in Zimbabwe dollars for an ounce of gold, and I can afford ten ounces right now. Any takers?)
Let me check my tungsten supply and I'll get back to you ASAP
So the 1/2 ounce is the new ounce?
Just like my coffee. Same price, less coffee.
I wish it was that way for .gov. Same price less gov.
Dream on
I like following the Kitco market page especially for the chart on the left with markets...It's lit up like a Christmas tree right now.
I don't understand. Gold is at $1746 now, so how could it "rise" to $1250?
I'm probably missing some irony here or something.
anti-matter yeast...
This is after the 1:4 reverse split on FRN's.
A rise from 1750 to 1250 is possible only, if the price goes to infinity first.
the odometer on my '82 Fiat read 1250 twice...once in 82 and once after it rolled over a million..
So...are we talking negative increase here or what? They must have been braindamaged from thinking too much about FED going negative on those interest rates.
Fuck the Paper Bugs!
I'm guessing $2150... don't think it's rise BY $1250. (to $3000)
Obviously NOT a PhD in common sense nor mathmatics.
Tyler,
I submit a better "Headline of the Day" to be Larry Fink saying, "Go 100% All-In Equities". wow...
So silver will skyrocket to $15 then?