1. Opec decision day, news will be out re their plans
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  2. Good Weds morning all, Gold is down 1.1 to 1324, while Silver is +5 to 1921. Oil is at 44.96 +29 tics. The USD is up 17 to 9549.
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  3. Week of 9/24/16 Closing prices & Chg Over Last Wk---- Gold $1337.50 UP 31.30-- Silver $19.81 UP 95-- Oil $44.48 UP 86 TICS--- USD $95.39 DOWN 66 tics-- Based on near term futures contract--- At JMB Current price AGE $1409.04(1), SAE $22.87 (20)
  4. Added Heartland Precious Metals out of OK and LA to the map, Added Texas Precious Metals, and Added Provident Metals.

Fed Barnanke to give 4 part lecture starting today 12:45 ET.

Discussion in 'Central Banking & Fed Reserve' started by vintage collector, Mar 20, 2012.



  1. vintage collector

    vintage collector Seeker Seeker

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  2. bemac

    bemac Midas Member Midas Member

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    Obama only needed 17 minutes, what gives?
     
  3. vintage collector

    vintage collector Seeker Seeker

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    Is anyone watching this BS?:vollkommenauf:
     
  4. vintage collector

    vintage collector Seeker Seeker

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    Well he finally explained it all. It's everybody's fault except the banks and when Roosevelt went off the Gold Standard and started the FDIC the number of bank defaults went from over 4000 per year to zero. :hmmmm2:

    Thank You Ben.

    Oh and the reason why it didn't make sense to have a gold standard is that it took too much effort to dig the gold up from Africa and bring it to the US, just to place it in another hole (Vault) in the US.:goodnight:
     
  5. KnowNothing

    KnowNothing Seeker Seeker

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    Only because I haven't listened and watched it yet. . . did he really make such a judgement? Or are you being sarcastic in regards to Bernacles's wise arguments against a gold standard (some sarcasm here btw)?
     
  6. vintage collector

    vintage collector Seeker Seeker

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    That is exactly what he said, well at least one reason why. Check it out, it is very sad and comical.
     

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