silverwood

The End of Gold, Part Three

David wrote "Buy gold, buy buy buy, and buy some more. Buy banks and real estate and when they spike, sell and pile your profits into even more gold. Then move that gold – and yourself - to another country.

I very seriously doubt the Aggie Mac idiocy will come to pass, but if it does, I'll see you at gold $5000.

David, looks like you are "closet goldbug" but you still haven't come out yet...Disclosure: no positions - yet.

What are you waiting for? Holding paper gold, like GLD in the end will not protect you from the fraudulent fiat USD. Holding real gold and silver will! So come out of the closet already and change the title of this essay from the The End of Gold, to.... GOLD the NOW and FUTURE MONEY!

Disclosure; the proud owner of GOLD AMERICAN EAGLES

The End of Gold, Part Two

After reading this drivel I came across the clincher....

Disclosure: no positions

Hey Dave, why don't you put your money where your mouth is?

Gold's Big Picture

Yeah, it is never dull. My take on when Obama takes office will be of a candidate who has promised to stimulate (read pump in money) and a Cabinet team ( read Sommers and Bernanke, etal ) the promoters of the perception all is well in fiat land, will be quite the juggling act. At some point the gold suppression team will ease off, because of the large costs to do business and allow gold to rise to the next level where the rear guard will then hold that line. Gold will make a new higher high in it's long term bull market at that point. When this will happen is the unknown part. As history will show the Fed will continue on it's coarse of US dollar debasement, so clearly shown in it's track record.


On Jan 14 11:19 AM GMiki wrote:

> Strange week for gold with the commodity indexes readjusting. Looks
> at if we're back to the extremes on the Dow and a "strong" dollar.
> I wonder what will happen when Obama actually takes office. It's
> never dull.