[Chugalug] On the topic of unstable currency, gold is falling like crazy

Lynn Dixon boodaddy at gmail.com
Tue Apr 16 00:58:20 UTC 2013


So pretty much the same thing that happened to bitcoin a few days ago?
On Apr 15, 2013 8:57 PM, "Stephen Kraus" <ub3ratl4sf00 at gmail.com> wrote:

> Maybe now those annoying gold and silver ads can go away.
>
> Gold was never going to stay stable, it was just the matter of gold
> companies pushing market values up so some people could make a quick
> profit, and now of course people are going to sell off en mass except for
> those reluctant few who will hold onto it hoping for another spike.
>
>
> On Mon, Apr 15, 2013 at 8:49 PM, Lynn Dixon <boodaddy at gmail.com> wrote:
>
>> Looks like gold prices are tumbling as well. Its getting close to the
>> cash value of production for one ounce. Since everyone once thought gold
>> was the stable currency of choice, where do you go from here?
>>
>> http://www.cnbc.com/id/100640665
>>
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