paxjds

Where's Gold Going from Here? Part 2

There is so little physical gold for a planet with almost 7 billion people, the total mined gold is like 65 ft cube. Anyone who buys gold should take physical possession, not a GLD trust. You can trust a bankster if you want, but I won't. Do not worry about statistics on physical gold, just worry about yourself taking possession.

Gold: Despite Recent Rise, It's Still Under Water

Sometimes people whom are young do not look very far back to learn from history, and what dates are immensely important. 1971 is the most important date for gold in the last 50 years. Gold was $35/oz when Nixon took us off the Gold Standard and last week it was $1218. This dumb old retired Texas Engineer calculates on the average gold is up about 89% a year since 1971. You young fellows over at Global Investor should go back to school to learn about the best long term investment in the history of the world. You just keep knocking Gold lower, so us Texan Boys can keep raking in the POTS.

What's Up with Gold Inventories?

Tim, I love your articles and I am a follower. But GLD in my opinion has no Tonnes of gold. Many articles have been writen that articulate that. Perhaps you shoud write Ficticious or Created Gold Tonnes till GLD opens its Vaults quarterly to prove it has Tonnes and the Corret Tonnes there. I believe GLD is no more than Ancient Mythology.

Canary in the Gold Mine

Banks are shorting gold while buying a new canary every day, not telling the public that the bird just died. Market manipulation continues. Meanwhile central banks and many governments are increasing their gold holdings. Some governments, ie. China, are encouraging and TV advertising for their citizens to purchase gold and silver. Germany has vending machines for citizens to purchase gold and silver.
You better bet your last bottom dollar buying Gold and Silver,that either a new world currency or regional currencies are in the works to replace existing and reflate world assets, or to just let existing currencies devalue by the continuation of running the printing presses. Watch the New G20, the new World Order. Currency Change will come as soon as september 20, or no later than 2011 to bail out the world governments and central banks.
Protect yourself with Gold and Silver. Guns and Bullets might be a great secondary investment plan. Just dont sit there a stack of dollars that will be worth a stack of dimes in five years.