The Really Useful Gold Thread

Well, petey, you may get your 700 gold after all...hard data suggests a major correction coming in January...hold your breath...but 1000 gold, I still dont see how...not enough crisis on the horizon.

Did you guys make any money in 2006? AOB gained 100% between August and Xmas, and should gain at least another 200% in 2007...still cheap at twice the price.

On December 29, 2006, in another matter of small importance, "Britain transferred $84million to the U.S. Treasury, the final payment on a debt used to finance the defeat of Adolf Hitler and Nazi Germany in World War II.

The U.S. extended $4.34billion in credit in 1945, allowing Britain to stave off bankruptcy afer devoting almost all its resources to the war for half a decade. Since 1950, Britain has made payments on the debt at the end of every year except six.

At the time it was granted, the loan strained trans-Atlantic relations. British politicans expected a gift in recognition of their contribution to the war effort, especially for the lives lost before the United States entered the war after Pearl habor.

"The U.S. didn't seem to realize that Britain was bankrupt," said Alan Sked, a historian at the London School of Economics. The loan was "denounced in the House of Lords, but in the end, the country had no choice."

The loan was double the size of the British economy at the time." Bloomberg News Service