Want a Way Out of the Economic Stupidity? Buy Gold [View article]
gold would to rise at least 600% to make it a "bubble". We got some ways to go.
On Feb 18 03:23 PM Sakura wrote:
> gold is the biggest bubble of this financial crisis, and has been > climbing beyond it's stable value for a few years now due to financial > fears. but don't be fooled! The bubble is extreme right now because > gold is not only seen as a safe haven from investments, but it is > also a difficult to track haven from debtors. It is 5 times it's > stable value, and the vast majority of it is used for jewelry. Still > sound like a stable investment? This will burst as soon as things > calm down... People should be selling their gold now!
Gold and Silver Prices Will Begin to Shine [View article]
I hear this talk concerning "deflation", but where is it? My neighborhood restaurant recently raised prices on all their menu items. My local supermarket raised prices on many of their shelf products. And when prices for some items had remained stable, the packages of those said items have noticeably shrunk. School tuition is going up. Transit fares has risen. I'm paying more for monthly utilities. Happy hour at many bars has been shortened, its prices has risen, or eliminated altogether.
Latin America, as well as parts of Europe, has been leaning "left" for the last few years. This bodes well for gold since that group favors environmental restrictions on gold mining. In Romania, for example, some ancient communities sitting on gold deposits refuses to be bought out by mining interests, and the government there doesn't seem to be taking sides. This only helps limit supplies and forces the existing above ground gold prices to rise even further.
Want a Way Out of the Economic Stupidity? Buy Gold [View article]
On Feb 18 03:23 PM Sakura wrote:
> gold is the biggest bubble of this financial crisis, and has been
> climbing beyond it's stable value for a few years now due to financial
> fears. but don't be fooled! The bubble is extreme right now because
> gold is not only seen as a safe haven from investments, but it is
> also a difficult to track haven from debtors. It is 5 times it's
> stable value, and the vast majority of it is used for jewelry. Still
> sound like a stable investment? This will burst as soon as things
> calm down... People should be selling their gold now!
Want a Way Out of the Economic Stupidity? Buy Gold [View article]
Five New Forces to Drive Gold Higher [View article]
Did it look so obvious that the U.S. took them for suckers that they had to act now?
Gold Poised to Move Higher [View article]
On Dec 28 10:09 AM otbricki wrote:
> Let us get this straight...
Gold and Silver Prices Will Begin to Shine [View article]
Again, where is this "deflation"?
Why Isn't Jason Zweig Bashing Gold? [View article]
Expecting Epic Gains in Gold Miners [View article]
Got gold?
Gold Prices Finally Catch Fire [View article]
Citigroup Remains Bullish on Gold [View article]