Will the predicted end of the world Dec 21, 2012 create a GOLD price bubble?

Radio_Shack

Retired Perv
Apr 3, 2007
1,526
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Seems the Myans and Chinese predict end of world by Dec 21, 2012. Wondering if I Should stock up on gold so I can sell it Dec 20, 2012 at $5k/ounce?

Let the flames begin.
 

mrsCALoki

Banned
Jul 27, 2011
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Seems the Myans and Chinese predict end of world by Dec 21, 2012. Wondering if I Should stock up on gold so I can sell it Dec 20, 2012 at $5k/ounce?

Let the flames begin.
Oh I hope so, That would be so wonderful. I have a wee bit of gold. But lets not have the end part. I want to enjoy the cash.
 

FTWWTF

Well-known member
Aug 3, 2011
1,496
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I was reading somewhere that when the Mayans were doing their calendars, they didnt know about Leap years. So the end of the world according to their estimates it would have happened like 8 months ago.
 

mrsCALoki

Banned
Jul 27, 2011
4,936
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it's the end of the Mayan calendar ... not the end of the world ...

how's it going mrsCALoki?
I adore Bahamas. MUCH better shopping and activities than Bermuda, and feels safer, more laid back than Miami, more exotic than Key West. I am very disappointed in my attempts to make clotted cream. In port I do not need it, and at sea it will not separate. I am now driving and navigating like a pro. We were able to get a few hundred un-shucked cocnuts and I am learning how to shoot them.

Heading heading home via the antebellum cruise route :)

I am mostly over sea sickness.

All in all.... time between ports is a bit monotonous, but very relaxing. Discovering new places is exciting and a bit frantic. I find the balance suits me.
 

nottyboi

Well-known member
May 14, 2008
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If you though the world was about to end, why on earth would you buy gold?
 

Moviefan-2

Court Jester
Oct 17, 2011
10,489
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If you though the world was about to end, why on earth would you buy gold?
I know. My proposed duo makes a lot more sense.

I might even spring for a two-hour duo, and if the prediction proves wrong, I'll come up with some story to explain why no one got any Christmas presents this year.
 

Radio_Shack

Retired Perv
Apr 3, 2007
1,526
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cuz peope may think world will not end but just change so that paper money is worthless and only true currency will be precious metals, just like 150 years ago. So, it's like house prices, people speculate and then the bubble will burst Dec 22 when it doesn't happen. cash in while you can. Gold today $1630, gold Dec 20, $5000/oz, Gold Dec 24th $800. You heard it here first.

Just a thought.
 

ooh-ya-more

Member
Aug 30, 2004
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Why buy gold when you can trade it? If you trade gold you can catch it on the way up then catch it on the way down.
 
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