Basic economics states that you "buy low, sell high."
The price of gold is the highest in years.
Why would you want to buy gold when it is extra expensive?

The people who hype up gold are ones who have stockpiles of their own and want people to buy more to drive up the price even higher.

This is why OPEC reduces the amount of oil that is pumped. Lower supplies = higher demand/higher price.

That is what I have also leaned in Economics.

Selling old jewelry, people receiving cash and invest in the economy.

Please ban people like this. Thank you.

In this economy with the amount of debt and with the possibility that China will stop buying our massive debt.. We will have to print dollars at a rate never before seen... If the dollar tanks.. then Metals specifically Gold will rise again... Hedge funds are dumping Gold right now to move cash.. Other Country's are buying it rapidly.. when the market which is continuing it's downward spiral, hits bottom and rampant inflation begins.. which most economist agree is going to happen... then the only hedge against personal loss will be Gold..
5-0 remember the dollar is no longer tied to gold... it is only worth what we say it is.. Once we can no longer afford to buy "things" because it takes a million to buy a loaf of bread.. then Gold will be out of reach..
But then again maybe I already have enough and I just want more... so keep on believing in the US Goverment..it is never wrong.. they are always right and we will be here forever.. ain't fantasies grand..
Gold will never be worth nothing.. want to bet on the dollar?

Obama’s stimulus program is designed after Zimbabwe. Zimbabwe has the world’s highest inflation rate at 230 million percent, brought on by government spending. Zimbabweans are now the proud owners of trillion dollar bills. Of course their economy has collapsed with 80% of the people needing foreign food aid. Obama intends to solve our reckless spending crisis by more spending, the Zimbabwe solution. As foreigners stop buying our worthless treasury notes, the US Treasury is preparing to finance government spending by selling their notes to the Federal Reserve. It’s called borrowing from yourself, or Zimbabwean inflationary economics. Obama actually said, “we can worry about inflation later”. To buy and sell gold & silver for protection of your money, visit the California Numismatic Investments at www.golddealer.com or www.monex.com.

One politician described our situation best. Our crooks on capitol hill haven't changed at all.
Like drunks with a gambling problem, they stumble away from one huge debt to another. Instead of paying off that debt like a reasonable sober person would they are doubling down in the form of entitlement programs.

Another good site for buying gold and silver is www.blanchardonline.com

Example: Our Secretary of Education and husband! Owe some stores and suppliers and laborers.

There are numerous people right here in Fayette County who are not going to pay their honest debts! It is a matter of income, just as it is for those who usually don't pay debts-=-also a method of living.
Poor people can't incorporate!

Keep in mind also that when the government borrows money that is a long term debt, written off over numerous years. Currently we budget about 10% of our yearly budget to pay the interest on Reagan's and Bush's debts.

The annual budget is another matter however.
Obama wants to reduce that considerably by increasing taxes, cutting out certain bloated expenses, (like Palin's bridge), maybe several hundred F-22s we don't need (we will have soon the F-35--a better and cheaper plane) and stop paying "contractors" twice as much as civil servants. (Blackwater and Cheney's old firm.)

When I was in the service, we cut each others hair, worked in our stores, run our own movies, cooked our own food, washed our own clothes, maintained our own equipment and buildings, AND FURNISHED OUR OWN NURSES AND DOCTORS!
The pay was one-third of contractors, and these people could be foot soldiers at a very short notice.
We may even start manufacturing some goods again instead of bank "products."

although, if it comes to a choice between money for the basic food/shelter/clothing vs. a corporation charging exorbitant fees all of a sudden...

If you have the debt, you do need to pay it, but sometimes it seems like the corporations do all they can to make you not want to pay them.

Who is going to buy your $1000 gold?

I'm sticking with Federal guaranteed investments and of course my paid for home.

Remember all those Goverment bonds and cash will keep you warm.. They do burn.. but if you want to trade better bring gold.. I don't accept plastic or the US Dollar...

I assume you know that there isn't nearly enough gold in the USA to supply even a small percentage of us with some with which to "trade.?

But I suppose you are only thinking of yourself.

Absofreakinglutley..
It's a jungle out there.. The strong will survive the weak will be Appetizers .

Ted Turner: Global warming could lead to cannibalism
Billionaire environmentalist says world has too many people

By MIKE MORRIS
The Atlanta Journal-Constitution
Published on: 04/03/08
Failure to address global warming will have us all dead or eating each other by mid-century.

"Been there done that" with worthless airline stock.
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Caution - The Surgeon General has determined that constant blogging is an addiction that can cause a sedentary life style.

as well as others... glad I bailed before it all hit... Went Gold.. and never looked back.

Dillards and Belk are both going out of bussiness, as soon as Washington fires up the printing press, and starts rolling out C-notes by the millions, a gallon of milk will cost $39.95 by years end, so enjoy your economic stimulation while you can, sure you will have a pocket full of hundreds but it will only buy a weeks worth of groceries at Wal-MART, which by then will be subsidized by the govt anyway, being that it an Taco Bell will be the only retatil establishments left, the day after the 5th or 6th stimulation package fails......GOD BLESS...

What possible business of yours is a Goodwill?
I won't join your "backlash."

that since he/she lives in Peachtree City it is his/her business. Too bad you and your other selves would not join. What a backlash that would be--as they say "a cast of thousands."

I'm trying to understand why you and others don't want a Goodwill store at Peachtree Crossings--I kinda agree with others that it only the business of the rights holder and town council, if they meet the rules.

Want to also get rid of the consignment shops?
How about too many Mexican restaurants with illegal workers?
How about too many Chinese restaurants using dirty warehouses for food purchases? (another Tom Irvin overlook!)

Do we have enough nail and foot salons?
Do we have enough places to buy booze? (43 at last count)
Want a couple of more Red Rooms? (worse than Goodwill are they?)

How many gallons pass through the Y-Not?
What is that conglomeration of Church/Moving Company/and bargain store on Huddleston?

How about ten or twelve more golf cart shops with junk yards all around?
Will you be happy with 2000 foreclosure notices, soup kitchens at Shakerag hill, closed banks, and job marches coming up?

The church/moving company/THRIFT store (not bargain store) also includes Jump 2 It. The whole conglomerate is helpful to the local schools and resource centers with a great staff. I am noticing less consignment stores opening up and more thrift stores. Same concept basically, you just take off on your taxes when you donate rather than crossing your fingers that at a consignment store 1) your stuff sells, and 2) that you remember to collect what money you make there.

I have absolutely no problem with liquor stores under most of the current regs. and would love to have Sunday sales. If restaurants are lousy and/or hire illegals, they tend to be raided and/or shut down. If a retail place or restaurant is over-priced, they usually go out of business.

Also, I've been looking for a Goodwill store as opposed to a donation center. Usually when I go to The Clothes Less Traveled (GREAT place), it's an even trade - I donate clothes and pick up a new wardrobe while in there.