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  • 5 Reasons to Avoid the Gold Rush [View article]
    Joe Average does not have $1000 for 1 oz of gold he will not have $5000 if it runs to that point. His 350K house will fall to 160K before his 1 oz of gold doubles. To protect your net worth you need to cash out of everything ( good luck selling the family home today )


    On Jun 19 08:12 AM doubleguns wrote:

    > "There is a wild card in the price of gold, though: China. If it
    > decides to switch partially from owning US Treasuries to owning gold,
    > the price of gold will skyrocket."
    >
    > And the Chinese are looking for another 80 bil in gold as well as
    > putting gold in a new reserve currency along with the Russians.
    >
    >
    > Open your eyes.
    Jun 20 17:30 pm |Rating: 0 -1
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