Gold gets a downgrade at Goldman Sachs, the firm lowering its 2013 end-of-year price forecast to $1,800/oz., and 2014 to $1,750. "We see growing downside risks ... the gold outlook is caught between the opposing forces of more Fed easing and a gradual increase in U.S. real rates on better U.S. economic growth." [View news story]
It appears they want panic selling for stocks and commodities . Hold your metals, keep investing in physical. The bubble has to burst, just nobody knows when, but when it does...
CostaBrava yeah December 21, 2012, a big Tsnumai may hit, and if it does, non of this will actually matter,., But until then, there's investing across the board. In stocks, metals, cash, and trying to keep a balance so one side doesn't take over....Anything can happen, and probably will happen. We all just have to be ready for "changes" when they occur...
Jim Rogers, Peter Schiff Rip Bernanke And The Fed [View article]
We are doomed...Why? Because you can't print money in the amounts they want to without affecting the prices of commodities ... But you all know this anyways, right? Invest in silver and beat the battered US currency ... Good luck, cause when the times get real tough, no one will be there to save you, ain't that the truth...
As long as money is not backed by a gold standard, it will be wiped out at some point. Never in the history of mankind has paper money been able to survive on its own. It never will. Own physical silver/gold/platinum/ palladium... Remember if you don't hold it you may not even own it. Only trust physical! Learn how to store it, and keep it safe. Good luck, cause one day all the paper money will go to zero, and those who invested in metals will be able to deal with the new future currency that will be coming... Long live Metals, for they never go to zero...
Not related but another Stu...As long as money is not backed by a gold standard, it will be wiped out at some point. Never in the history of mankind has paper money been able to survive on its own. It never will. Own physical silver/gold/platinum/p... Remember if you don't hold it you may not even own it. Only trust physical! Learn how to store it, and keep it safe. Good luck, cause one day all the paper money will go to zero, and those who invested in metals will be able to deal with the new future currency that will be coming... Long live Metals, for they never go to zero...
As long as money is not backed by a gold standard, it will be wiped out at some point. Never in the history of mankind has paper money been able to survive on its own. It never will. Own physical silver/gold/platinum/p... Remember if you don't hold it you may not even own it. Only trust physical! Learn how to store it, and keep it safe. Good luck, cause one day all the paper money will go to zero, and those who invested in metals will be able to deal with the new future currency that will be coming... Long live Metals, for they never go to zero...
Gold's Time To Shine Again ... Soon [View article]
As long as money is not backed by a gold standard, it will be wiped out at some point. Never in the history of mankind has paper money been able to survive on its own. It never will. Own physical silver/gold/platinum/p... Remember if you don't hold it you may not even own it. Only trust physical! Learn how to store it, and keep it safe. Good luck, cause one day all the paper money will go to zero, and those who invested in metals will be able to deal with the new future currency that will be coming... Long live Metals, for they never go to zero...
I will continue to be diversified in all 4 metals, and others. Diversity is always the best way to go. Balance is key. I also still own stocks, and will stay balanced.
What about silver, palladium, and platinum? Gold also, it seems the metals will eventually have a big run, when the worthless paper crumbles beneath the heavy metal bars....
Gold gets a downgrade at Goldman Sachs, the firm lowering its 2013 end-of-year price forecast to $1,800/oz., and 2014 to $1,750. "We see growing downside risks ... the gold outlook is caught between the opposing forces of more Fed easing and a gradual increase in U.S. real rates on better U.S. economic growth." [View news story]
QE3 'Rally' Will Crash Before 2013 [View article]
3 Ways To Position For A Choppy 4th Quarter [View article]
Bigger stocks: GOOG AAPL IBM
A stock that has been hammered to the ground: AONE @ .26 its a long shot, but the company is hiring so I may take my chances with this one.
Also like silver (Physical 1/2 1oz 5oz and 10oz)
Jim Rogers, Peter Schiff Rip Bernanke And The Fed [View article]
Gold And Silver Now 'Buy And Hold,' And 'Golden Cross' Is Imminent [View article]
Gold And Silver Now 'Buy And Hold,' And 'Golden Cross' Is Imminent [View article]
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Bernanke Speaks, Precious Metals Surge [View article]
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Gold's Time To Shine Again ... Soon [View article]
Bernanke Speaks, Precious Metals Surge [View article]
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Bernanke Speaks, Precious Metals Surge [View article]
5 World Players Buying Gold [View article]
Were Gold and Silver Manipulated Alongside LIBOR? [View article]