InvestorsHub Logo
icon url

rukmusher

12/02/10 11:02 AM

#14131 RE: GioMustang #14129

I personally remember the run to $50 in 1980. It was a completely manipulated market caused by the Hunt Brothers of Texas. When it crashed, it was brutal. About this current run....am not sure, however, I feel it's another bubble also. Warren Buffet said about gold, that with the current price and supply in the world, it would give you enough money to buy Exxon Mobil ten times over and all the farmland in the U.S. and a few other things I can't recall...so do I think it's a bubble? Kinda. Just my 2 cents...
icon url

NickDz

12/02/10 11:19 AM

#14132 RE: GioMustang #14129

Yes, we really do need to see something substantial or we will just continue to trade like we did for the 12 months before the p19 run - diagonally down and sideways; although I believe there is a new basement for this one after that p19 run and I think we are in it

with respect to your off topic comment -
I can already tell you that the wiki leak you're looking for is going to be about B of A; they already publicly denied the claims about intentionally leaking to wikileaks

if it's not about B of A its going to be about Goldman