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former9thward

(33,424 posts)

38. As much as I would like to blame or credit the economy on presidents I don't.

Tue Dec 31, 2013, 11:23 AM

Dec 2013

We are in a global economy where everyday more countries are able to do things we alone (or almost alone) could do. That will not get better. These economic policies are not determined by presidents. They are determined by global competition which both parties endorse.

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Gold Declines on Way to Worst Year Since 1981 as Silver Drops [View all] Purveyor Dec 2013 OP

Wow. US stocks up 32.5% this year. Gold down 28%? Common Sense Party Dec 2013 #1

it's the ebb and flow of money ProdigalJunkMail Dec 2013 #4

"Everything Is Rigged: The Biggest Price-Fixing Scandal Ever"--Matt Taibbi KoKo Jan 2014 #56

Compare stock price with gold since 2000. former9thward Dec 2013 #14

compare them since 1983 rdking647 Dec 2013 #17

You do it. former9thward Dec 2013 #20

I was alive in 83. quaker bill Dec 2013 #27

If mines shut down the price will go up. former9thward Dec 2013 #39

You seem to have few facts in your possession quaker bill Jan 2014 #40

Gold went up in 2012. former9thward Jan 2014 #45

There was a momentary nearly flat spot in the decline quaker bill Jan 2014 #47

I buy GLD not the metal. former9thward Jan 2014 #48

I love this site on this topic quaker bill Jan 2014 #49

I rent assets, I don't invest. former9thward Jan 2014 #50

Compare the dividends, too, while you're at it. n/t Common Sense Party Dec 2013 #23

You do it. former9thward Dec 2013 #24

only if you inflation adjust metals for comparison quaker bill Jan 2014 #41

Fine, do it. former9thward Jan 2014 #46

do you have a link to that 2000 price of $270 - this chart indicates you are off by about $100 DrDan Jan 2014 #54

I just used the first chart google gave me. former9thward Jan 2014 #55

I will not believe we have an "improving economy" until I see real wage increases and full Vincardog Dec 2013 #2

You are putting the cart before the horse. Your conditions signal a fully recovered economy Taitertots Dec 2013 #9

We've had wage stagnation for over 30 years now. This goes way past economic cycles. liberal_at_heart Dec 2013 #21

That's called: THE DOLLAR IS GETTING STRONGER. Festivito Dec 2013 #3

It's not just the dollar. Gold bubble is busting. Pretzel_Warrior Dec 2013 #6

Your Bush statistic is off. former9thward Dec 2013 #16

Okay. The dollar did have one-third its buying power when Bush left. Festivito Dec 2013 #30

As much as I would like to blame or credit the economy on presidents I don't. former9thward Dec 2013 #38

Good news for economy is usually bad news for gold. Pretzel_Warrior Dec 2013 #5

It topped out at almost 2,000 didn't it? louis-t Dec 2013 #7

The rubes most certainly did Pretzel_Warrior Dec 2013 #8

Gold has very little intrinsic value bonzaga Dec 2013 #10

lol. Keep your paper dollars, I'll keep some gold just in case. Purveyor Dec 2013 #12

i think everyone should have a SMALL amount of gold rdking647 Dec 2013 #18

Why? For the coming apocalypse?? LOL! n-t Logical Jan 2014 #44

LOL, glad it is dropping for you! nt Logical Jan 2014 #43

Considering I acquired my vast fortune of gold in '91 at an average price of $380oz, I'm OK and Purveyor Jan 2014 #53

Welcome to DU and I agree with you. "Shiny color" indeed. panader0 Dec 2013 #13

Yes, but if we ever went back to the gold standard its value would skyrocket. DCBob Dec 2013 #15

It will never happen indie9197 Dec 2013 #25

But even the gold standard was bullshit bonzaga Jan 2014 #51

The gold buying nuts remind me of those doomsday prepper morons. DCBob Dec 2013 #11

Nobody serious buys gold for that reason. former9thward Dec 2013 #19

^^ this^^ 1000words Dec 2013 #37

From what? nt Logical Jan 2014 #52

Are the RW talk show hosts still shilling for the stuff? oberliner Dec 2013 #22

You mean like Ed Schultz and Thom Hartman? n/t doc03 Dec 2013 #29

Equal opportunity shilling! oberliner Dec 2013 #31

I like the way Ed talks about the massive debt and doc03 Dec 2013 #32

Just read up on that oberliner Dec 2013 #33

Randi Rhodes also pitched this scam vt_native Dec 2013 #26

must be all the bad publicity Niceguy1 Dec 2013 #28

Guess those guys in Alaska on Discovery Channel won't digging up tons of earth for some dust winstars Dec 2013 #34

It was only time until the bubble burst sakabatou Dec 2013 #35

I read that as god declines Kurska Dec 2013 #36

Glenn Beck and Rush Limbaugh are deeply saddened by this. MineralMan Jan 2014 #42

Ha! They need to go after Jamie Dimon and Riggers! KoKo Jan 2014 #57