Kelly Lieberman

Roger Wiegand: 'Severe Bull Market' Ahead for Gold

" gold is only worth what someone else is willing to pay or trade for it. "

So true.. And right this minute it is trading at $907.75 oz....
Let's see, would you prefer to hold an ounce of oil, paper, peanut butter, an iphone.....

The Case for Gold Today

Let us not forget how easily the market manipulates the price of gold to buffer the "image" of the falling dollar. If the inflation rate was not manipulated in the headlines, and if the average citizen knew what was happening in the financial market as banks use back-door policies to hide their paper trails, and the average Joe could pull his poor head out of his behind long enough to read a paper outside the US, the panic would be upon us.
Look, it is in "our best interest" for our politicians to lie to us about the situation so half of us don't head for the banks en masse to pull our worthless paper out, or head to the hills with our rifles and canned goods, or head to the rooftop and just get the damn thing over with already.
They lie, and manipulate, and lie some more and here we are... Well guess what? The end of the road is here. We will be lucky if they can manipulate another 12 months out of this mess. The sh##t has already hit the fan. The poor mess of fools who believed their brokers and left their money in their brokerage accounts hve been wiped out! Their savings and retirement funds are gone! Their credit cards are maxed from oil prices and rising costs of goods and now the banks have raised their credit card rates and cut their limits! They are tapped out! Many of these same folks are embroiled in the sub prime mess and can't pay their mortgages... Businesses are cutting jobs, laying off workers, shutting down plants.. Hello everybody!!!
It may not be happening to me or you (I have my golden egg), and CNN may not be covering the millions it is happening to.. but that doesn't mean it is not going on!
Now, you tell me again how buying gold doesn't make sense.....