• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!
  • Welcome to our archives. No new posts are allowed here.

Gold prices are volatile, at least that much is clear.

Onion Eater

Well-known member
Joined
Jun 28, 2008
Messages
753
Reaction score
139
Location
Scottsdale, AZ
Gender
Male
Political Leaning
Libertarian
Gold! Gold! Gold! Gold!
The yellow metal has intrinsic value,
At least that’s what we are told.

Gary North says it’s so, and he would know.
He’s the investment guru of LewRockwell.com,
So it cannot – must not! – be a job of snow. No!

“In coin shops all political truth can be found.”
So says Jeffrey Tucker. But how does he explain,
Why our investments have all run aground?

Zounds! $850, $250, $1000 and $700 in thirty years.
Gold prices are volatile, at least that much is clear,
I don’t get this dizzy after a whole case of beers!

Gold bugs claim: They’ve made millions since 1983.
But they’re living in plywood shacks in northern Idaho.
Should we believe what they tell us, or what we see?

In Moses’ time they danced around a golden calf,
Now Paulistas say, “Gold is money made by God.”
Not much has changed. What a laugh!

See Kitco’s 60-day chart for recent price swings.
 
Gold is a commodity. Like all other commodities, its prices can be highly volatile.
 
Back
Top Bottom