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  • Don't Miss the Coming Gold Bull [View article]
    Magnet, to my knowledge and I am not the most read in this area, but in order to pay for the war machine and bail out all these failing banks and companies, money is printed and then loaned to us by the Fed. , which is not even part of the US Gov., but instead a privately held firm. As this money is printed and infused into the world market it devalues by default existing dollars, kind of like supply and demand. I believe that the above article spoke of how the banks and governments are stepping in to suppress what is really happening to the USD but at some point that will most likely fail and things should snap ahead or back to where they should rightfully be. I am sure someone that is more in the know could add a lot to this. HAPPY NEW YEAR.
    Dec 31 13:32 pm |Rating: +5 -1 |Link to Comment
  • Don't Miss the Coming Gold Bull [View article]
    Well I see where you are comming from on the gold issue. I dumped out of all my positions almost 9 months ago and am just now starting to convert my cash back to gold and silver stocks. Now as far as Obama running up our "monetary expansion to finance its debt and deficit spending" have you missed that last however many years of Bush doing just that with little good comming from it? Don't take me wrong I love my country but if you are going to attack please do so fairly. Good luck on the stocks you are looking at and happy new year.
    Dec 31 09:53 am |Rating: +6 -1 |Link to Comment
  • Gold and Silver Prices Will Begin to Shine [View article]
    I would say that the US Gov. will do that only when the right people are going to get their pockets lined by doing so.


    On Dec 05 04:35 PM Econ 101 wrote:

    > Ashmore,
    > You are right on the point.
    >
    > My question is when will (ie at what price?) will the US government
    > steal, er I mean "nationalize"... gold for the "good of the country"?
    Dec 05 17:44 pm |Rating: 0 0 |Link to Comment
  • Gold and Silver Prices Will Begin to Shine [View article]
    Just to put in my few cent's, anyone can write anything on the web, you should know up front that when you read something posted by someone other then yourself, "THAT IS YOUR WARNING!" Just read the post make up your own mind about what is said, and don't just start buying stocks because Joe Smow said so. Good luck to all.
    Dec 05 11:39 am |Rating: 0 0 |Link to Comment
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