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  • Gold in a Credit Crisis [View article]
    Perpetum mobile. Take 5500 USD for paper and ink. Stamp one bilion USD , put on market, 1 st time you can buy gold for 900 USD/ oz, second time gold is 880 USD/oz. After thousend times gold is 680 USD/ oz.
    This is real world now. But very danger and very short, We will see the future very soon. World market should be based on work , instead of trust and religion.

    Oct 25 08:59 am |Rating: 0 0 |Link to Comment
  • Opportunity Knox: Distressed Gold Miners Present Good Entry Point [View article]
    So far I m loosing a lot on Barrick, ABX is big disapointment so far. It was better to invest in WFC shares.
    Oct 23 06:38 am |Rating: 0 0 |Link to Comment
  • Countdown of Manipulated Gold Price Running Out  [View article]
    Sorry on my English, but I need to tel you couple facts, Yesterday I was traveling all around Swiss in order to buy some gold coins , bars, etc..I did not make any purchase, There was no any gold to buy. Credit Swiss, UBS, Kantonalbank.
    2. In Swiss every second retail shop do not accept Euros. Not because they are copys, there are some other reasons connected with place of printing.
    3. Relation between Gold and Euro is just a fairytale story,for little baby's. Explanation: More dollars in system , more the dollar gain. Nice but which really economics or either natural theory supporting such behavior.
    In Bible was written 1oz of gold buying 32 pieces of bread, this simple formula suggesting to us that real price of gold should be approx 1150 usd.

    Oct 17 16:06 pm |Rating: 0 0 |Link to Comment
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