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Message: COMMODITIES

Re: COMMODITIES - luvme and french

in response to by
posted on Nov 18, 2008 12:26PM

Mr. French is wrong about gold

Gold sells today exactly what it sold for 1 year ago, more if you include the premium you pay for a one ounce coin over spot ($59).

he is wrong about silver also, which in the spot market is selling for about 9.50, if you add the premium over spot, which is $5.00 you're coin is worth a little more then it was one year ago as well.

So gold and silver are even+, investors haven't lost a cent. Gold and silver mining companies are at steal me prices.

Cheers

BK



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