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    • Sun May 4th 18:28 PM | Rating: 0 0
      Commented on:
      The 'Death of Gold' Revisited
      Good reminder on what to expect if history has taught us anything at all. When I look at all of the causes that caused the rise in Gold's price to $850 in 1980, and compare what is causing the price to rise now, I do see some similarities, but the price of gold rising to be inflation adjusted from 1980 to now and a price of $2,350 to $2,800 plus the cost of our current causes for Gold's rise in price, war-dollar weakness-real estate devaluation-sub prime loan problems-Derivative problems-unemployment problems-national security problems-immigration problems-foreign trade problems and Oil problems, we're destined to go far beyond just inflation adjusted gold at the levels mentioned above. People live to close to their computers these days. A slight drop in the price of gold and they sell off. In the 70's we didn't have computers to buy and sell at the touch of our fingers. Things are different in a big way and this bull market in gold has a long way to go.
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    • Tue Dec 25th 12:42 PM | Rating: 0 0
      Commented on:
      Buy Signals are Popping Up in Gold and Silver
      When a vault with a fork lift is shown to ETF investors, with a reputable group of people to verify that the ETF gold is "real" and is in a safe place, I would be more likely to invest in an ETF. With previous statements announcing that third parties are involved in the delivery of ETF gold, then we are again back to the situation that "Sub-Prime" and "Derivatives"... have put us in. My lost faith in the US dollar has transcended over to ETF's, it's now a matter of prove it to me and show me the Gold. Anyone can say they have 19M ounces of gold. I seriously doubt that should all the ETF investors ask for their shares of the ETF gold, that the ETF fund could even begin to cover it.
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