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Re: Pity the rubes who watched Glenn Beck and bought gold at $800

By: DGpeddler in POPE | Recommend this post (0)
Wed, 24 Aug 11 11:56 PM | 36 view(s)
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Msg. 41997 of 65535
(This msg. is a reply to 41992 by Beldin)

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Now it is down $90. If only I could look into the future! I would have bought $350 worth at $35 an ounce. I also would have bought WalMart back in the 90's for $25. I think it may have split once since then. Of course I could have bought one share of Bructures for $600 and made a real killing. At the time I wondered who would be stupid enough to buy one share of stock for $600. After all, that was more than a month's pay.


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The above is a reply to the following message:
Re: Pity the rubes who watched Glenn Beck and bought gold at $800
By: Beldin
in POPE
Wed, 24 Aug 11 11:33 PM
Msg. 41992 of 65535

Actually, it is down $69 to about $1,760. So, if you had purchased it when it was $800 per ounce, you would only have a measly lil' $960 profit per ounce. I guess that kind of profit just isn't worth it, eh?


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