whatever became of the various competitions and bets for Y2006? I'll propose some...
I note that silver today is approaching a nice round number, $10. I say it hits $12 this year.
For Alpha, et al, a revisit to last year.
>>I'll say the NDX won't break 1995 if the odds are right...
Lastly, in keeping with this board, I offer that KO will hit $37.25 or CCE will hit $17.25 this year (of course, we have to fashion this into some sort of bet, odds anyone?).
QWAK,Bear,The main reason GOLD is UP is because the SUPPLY of FIAT currency has been INCREASED so much!
When you look at the BIG PICTURE over time GOLD tends to remain fairly STABLE,yes there is short term fluctuation but over all GOLD can be said to STAND STILL over time as every thing around IT moves. FIAT creats lots of ILUSIONS that confound and confuse and THAT is exactly what the BANKERS and GOVERNMENT want it to do!
People tend to get cought up in short sighted views and that helps the bankers and government in lots of ways because people have short memories too!
canoe....obviously..you are right...in that you can't plant more gold........but isn't gold going up in price BECAUSE of 'current demand'.............however limited the supply IS.....is it not 'less limited' as it becomes more and more profitable to mine what supply there is?
Gurls this thing called fracitonal banking is a bit difficult to grasp. Indeed, even many that take Eco 101 and even a few upper levelers may not fully understand. But as simple as you seem to need to make it is the fools gold. I aint just printed. When you do come to f/n recognize that wil be well ahaed of those whinging around you.
Ah Canoodle.. Dont try run before you walk and stop trying to make some things to confusing. Now you don't practice a religion that frowns upon betting, so again Canoodle... How about the bet on gold production for the year. I will gladly eat your lunch. Bear is welcome to as well.