08-02-2007, 05:18 PM
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Banned
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Join Date: Dec 2002
Location: New Jersey,
N.J
Cobra Make, Engine: Shelby Cobra CSX4206 aluminum body, original 1965 NASCAR 427 SO, Dual quads.
Posts: 3,897
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Not Ranked
Maybe he knows something you don't. Like the market going to $700.00.
Market values are set by buyers and sellers. Sometimes it just takes one buyer/seller to set the market (other buyers and sellers) going.
If buyers are willing to pay $600.00 for $500.00 dollars worth of gold then that gold is now worth $600.00.
Intrinsic value is completely different from market value. Gold doesn't have an intrinic value it has a value set by the market. Otherwise it has no greater value then lead.
I didn't see JWheatons point as a good point.
Of course I saw my point as a good point though! 
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Last edited by REAL 1; 08-02-2007 at 05:21 PM..
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