grubstake Posted February 20, 2008 Report Share Posted February 20, 2008 well Gold just topped $945.20 I think thats a new all time high. Keep going up, I hope. Now I just need some. Grubstake Quote Link to comment Share on other sites More sharing options...
Bandana Don Posted February 20, 2008 Report Share Posted February 20, 2008 Aftrnoon Grubstake: As gold continues tospiril upwards you might want to keep a watch on the cost of a loaf of bread. There's always been a correlation!Cheers, Don Quote Link to comment Share on other sites More sharing options...
Admin nuggethunting Posted February 20, 2008 Admin Report Share Posted February 20, 2008 Hello Grubstake, It's amazing the price of gold keeps climbing. Sure would love to get back up there and hunt with you and Matt. I've just been so busy lately. The phone here is constantly ringing, Dawn said I need to just turn off the ringer! At $945 it don't take much gold to pay for a big Minelab. Take care,Rob Allison Quote Link to comment Share on other sites More sharing options...
Guest Bunk Posted February 21, 2008 Report Share Posted February 21, 2008 OZ of Gold= Couple tanks of diesel. Bunk Quote Link to comment Share on other sites More sharing options...
grubstake Posted February 21, 2008 Author Report Share Posted February 21, 2008 I just wish the rain and bad weather would take a hike for good around here, so I can go out and find some. Grubstake Quote Link to comment Share on other sites More sharing options...
pondmn Posted February 21, 2008 Report Share Posted February 21, 2008 I agree with you Grubstake----CABIN fever. Jerry Quote Link to comment Share on other sites More sharing options...
dutch john Posted February 21, 2008 Report Share Posted February 21, 2008 Also... 2-20-08... A barrel of crude set a new record... now over $100. Every commody spiraling up... How many remember the double digit inflation during President Carters administration? However, with this said;I'm not blaming him... it was the times... Bandana Don... like you I well remember the time a loaf of bread and a quart ofmilk could be bought for about 23 cents (silver). Gold was then set at $35/troy.A gallon of gas in Ely about 23 cents/gallon but in California about 19 cents.And a letter was 3 cents and a post card a penny.Gasoline prices took a big hit in my area... I bought a tank for $2.99/gallonlast week and now it is $3.27/gallon... in just in a few days... Even a gallonof milk has doubled the past several years... I'm not complaining... just explaining... I'm retired and sticking close to home; and my wants and needs are simple.... Young families need to play it close to the vest... Quote Link to comment Share on other sites More sharing options...
Dakota Slim Posted February 21, 2008 Report Share Posted February 21, 2008 It's the shrinking dollar. None of us will ever find enough gold to make up for the loss of the dollar's power. $5 a gallon gas, $4 bread and $10 a pound hamburger are right around the corner. A dollar is worth about 75 cents compared to a year ago and it will be 50 cents soon. Quote Link to comment Share on other sites More sharing options...
kcoulson Posted February 22, 2008 Report Share Posted February 22, 2008 I was hoping to retire in 3-4 years but the spiraling cost of everything makes me think that what sounded like a reasonable income to support me in retirement does not look so good any more.Unlike many people in the US I have done some planning for retirement so I won't be completely without resources but it sure looks like it may be inadequate to maintain anything close to my current living standard. The fear is that in years to come the economic situation will deteriorate even more and if I retire I may not be able to go back to work later. The politicians can only make it worse.Ken Quote Link to comment Share on other sites More sharing options...
vini Posted February 22, 2008 Report Share Posted February 22, 2008 Gotta find a piece of mother lode to keep up with inflation more reason NOT to stop looking.Hang in there guys be greatful lots of others have it a whole lot worse off.... Quote Link to comment Share on other sites More sharing options...
whats4supper Posted February 22, 2008 Report Share Posted February 22, 2008 dang! Quote Link to comment Share on other sites More sharing options...
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