HA65MPH

The Gang that Couldn't Shoot Straight: Central Bankers and Gold

NO WAY ETF`S....PAPER GOLD NO !!...HOLD PHYSICAL GOLD AT HOME ...ARE YOU ALL BLIND AS TO THE MESS THIS COUNTRY IS IN !


On Dec 03 11:27 AM Mad Hedge Fund Trader wrote:

> nfw Welcome to the new gold standard! There was a time that to own
> gold you had to be a “gold bug” and believe in the myriad urban legends
> that percolated in the underground. Fort Knox is either empty, or
> full of gold plated steel bars. The Treasury cut back on the minting
> of new gold coins because it had to ship the bulk of our reserves
> to China to cover the trade deficit. The US government is going to
> ban private gold ownership again. The Feds have unwittingly fanned
> the flames of paranoia, with the Patriot Act forcing all American
> gold and jewelry dealers to register with the Treasury Dept. But
> adherents to the yellow metal are considered raving nut cases and
> conspiracy theorists no more. Emerging market central banks, pension
> funds, hedge funds, mutual funds, and millions of individuals around
> the world have all simultaneously decided to keep a certain percentage
> of their assets in the barbaric relic. They are either making a bet
> on an extended super cycle in favor of all hard assets, or looking
> for insurance against a wave of hyperinflation that Washington’s
> policies threaten. Enthusiasts are no longer burying pillow cases
> of coins in the back yard, but instead are pouring into an ever expanding
> legion of ETF’s, mining shares, bullion, and futures contracts. The
> SPDR Gold Shares (GLD), with $37 billion of the yellow metal, is
> now the world’s sixth largest owner of gold. Some economists are
> now arguing that if you take world GDP and divide it by the value
> of the gold above ground today, an historic mean ratio would put
> the yellow metal at $11,000 an ounce. That makes the current spot
> price look like the deal of the century, and my target of the old
> inflation adjusted high of $2,300 positively conservative. To sign
> up for a great free weekly research product on precious metals, please
> click here at www.millenniummetals.net/

Pessimistic Sentiment Gives a Buy Signal for Gold

I WISH ''HE'' WOULD FALL ON HIS SWORD !!..THE ABOVE COMMENT IS RIGHT ON !

Major Buy Signal Now Flashing for Gold Stocks

BUY ..AUY... GOLD YOU CAN HOLD IN YOUR HAND ..