Gold Barron

Why I'm Selling Gold

I believe in the short term that the price of Gold will pull back to around the 850/oz level. The BRIC countries are trying their best to prop up the value of the dollar because they are so heavily invested in the dollar. They will gradually move their assets away from the dollar in a way that wont spook the currency markets. This will take time. Eventually the price of gold and silver will move much higher. I wish I knew exactly when.

Physical gold and silver are pretty much the only hard asset investments I feel comfortable buying right now. I dont even really care what the price of gold or silver is, I just want to insure and preserve my wealth.

Gold will not solve your problems, but it will pay for alot of grief.

Why Investors Must Own Gold

China is already the world superpower. The US government is practically begging the chinese to keep buying our debt (ie Letting us borrow more money with interest). Business is on China's terms. We lost, they won...get over it.

Think of it this way. Who is more powerful when you are broke. You? Or the person lending you money?

Bullish on Silver, Less So on Gold

There is no silver shortage! I can get it very easily. A few months back it was difficult to find because the price dropped so hard and fast nobody wanted to sell their holdings at a loss because it was 100% guaranteed the price would rise back to where it is today at roughly $14/oz spot. Now, if you go to apmex.com, you can get any type of silver you are looking for.

I am bullish on silver, however I think the premiums charged on physical silver are totally ridiculous.

Bullish on Silver, Less So on Gold

You can buy physical gold bars in Brazil also.

ourominas.com

Peter Schiff: Outlook for the Gold Market

Do some people truly believe Gold is going to $5000-$6000/OZ?

Thats about $175/Gram more or less. HAHA........... "GET REAL!!!"

"House of Pleasure" HAHA......