gold33vain

Gold Price: How High, How Fast?

Look at the last 9 years. In 2000 Gold was between $265-290 oz. Gasoline was around $1.40, milk $2.19/gal, bread $1.49, Fillet Mignon $11-14/lb. and a steak house prime NY Strip dinner about $35-40 without alcohol.

Today, Gold $1000+. Gas $2.20, Milk $3.79, bread $2.49, fillet $16-22/lb and NY strip dinner about $50-55. without alcohol.

Exchange your gold/silver today for the worthless dollar and get a 2 1/2 times value over the past 9 years....silver about 3 1/2 times!

HOWEVER, I would not rush out to a local coin shop to sell NOW as by March of 2010, I can realistically see $1600. gold and $35. silver...and that is WITHOUT INFLATION!

If INFLATION rears her head, you may NEED GOLD & SILVER as gas could become $15-20/gal...if you could find it... bread & milk would triple even quintuple... because gas prices affect delivery, and so on............and you just might be in the group of 20% unemployed emptying out your foreclosed house or trying to pay the 35% interest rate on your credit card...but you WILL HAVE HEALTH CARE!

Gold Price: How High, How Fast?

The price of gold WAS a surprise today as the CARTEL and the "ELITE" could not pump up a dying dollar and continue their manipulation of gold & silver.

As the Dollar continues in a free fall, $1500. gold & $35. silver should be a reality before the "ball" drops to begin 2010 with or without a geopolitical event. Please keep in mind the inflation adjusted price from the 1980 high of $850. gold is $2400., and $50. silver $140., so we still have a lot of "catching up" to do.

Silver and Gold are the only mid term (1-4 years) solution to the falling dollar and the hyperinflation that will DEFINITELY manifest itself during the remaining months of 2009 and continue through 2012.

Owning gold & silver is buying INSURANCE on your wealth. Insure it soon or lose it later.

We have legalized gambling in the USA...NASDAQ, NYSE, COMEX, etc. Holding a stock portfolio in this economic climate is riskier than casino gambling.

Gambling with discretionary money is OK as it is a form of entertainment. Gambling with your retirement fund and your family financial future is not a form of entertainment.

Gold Is Still the Opportunity of a Lifetime

Caradoc1

You have way too much time on your hands, write too much and say very little.

For those of you who think gold has no real value, why did FDR confiscate it, world banks make policy over it and China, Japan, Germany, Arabs, et all are currently converting DOLLARS to obtain it? Ft Knox does not exist because gold has no value. The "elite" manipulate only what they deem has value to them and Gold and Silver are being MANIPULATED. They are also manipulating the price of OIL. If the price of OIL goes under $60., the Arabs will drive up the price of gold causing the elite to go crazy! The last time OIL was under $60. (July 13, 2009 $59.76) that same day GOLD shot up from $925. to $940.

3,000 word essays???

$3,000. GOLD ????? 3000 DOW?????

Remember 1980........ $850. gold, 850 DOW! Does HISTORY repeat in 2010?

Wall Street Breakfast: Must-Know News

Silver and Gold are the only mid term (1-4 years) solution to the falling dollar and the hyperinflation that will DEFINITELY manifest itself during 2010 and continue through 2012.

Owning gold & silver is buying INSURANCE on your wealth. Insure it soon or lose it later.

We have legalized gambling in the USA...NASDAQ, NYSE, COMEX, etc. Holding a stock portfolio in this economic climate is riskier than casino gambling.

Gambling with discretionary money is OK as it is a form of entertainment. Gambling with your retirement fund and your family financial future is not a form of entertainment.

Gold Is Still the Opportunity of a Lifetime

China is buying crude oil, potash, iron ore, gold & silver and have been...quietly...for some time. They have been buying them with DOLLARS... before they become worthless! China has encouraged there populace to purchase gold & silver...which will be purchased with their SAVINGS. Their gov't will convert the savings to dollars and deliver gold & silver.

In 2000 gold was less than $300./oz and silver around $4./oz. 9 years later, the dollar has lost 40% of its buying power and gold is $1000. and silver is $16.50.

The Fed is quickly debasing our dollar, and what little savings Americans have. China is pulling the economic strings now, so what are you going to buy the crude oil, copper, etc with?

You will be wishing you had some gold & silver!

Check the Constitution, GOLD & SILVER are the only MONEY...the Fed ran over the constitution with a printing press!

Crude oil, potash, copper...no...I WANT GOLD & SILVER SO I CAN BUY FOOD, CLOTHING & HOUSING

Gold Is Still the Opportunity of a Lifetime

I recently read that Greenlight Capital sold $500 million worth of their GLD exchange-traded fund holdings and bought physical bullion.
When are the rest of you going to make the realization that GLD, SLV and companies advertising to sell one ounce gold Maples, Eagles, etc and then state "we will store your gold for you", are nothing less than PAPER INVESTMENTS! Trust YOURSELF with YOUR MONEY & Gold & Silver...and NO ONE ELSE.

Have you noticed over the past 5 trading days, Silver has outperformed GOLD by a two to one margin! Also if you have been tracking Gold & Silver, silver has out preformed Gold 26.6% vs 12.9% from April 6 thru Sept. 9, 2009.

In weeks, months and years to come, I DEFINITELY see the trend continuing, however at MORE than a two to one ratio. I'm projecting Silver to reach $60./oz before gold reached $2,000/oz.

Coin shows are the best place to buy PHYSICAL GOLD and SILVER.
Long Beach Coin Expo, Long Beach Convention Center, Long Beach, CA opens at 10 AM this Thursday SEPT 10 (Thurs thru Sat) Of the 400+- dealers, there will be 40-60 dealers with gold & silver for PHYSICAL purchase... all in the same room... competing for your business. It is up to you to shop around and make your best deal. You should be able to purchase GOLD (depending upon what type you select) at levels between 2% and 12% over spot melt price. Coin silver, pre-1964, should be priced between 1% - 5% over spot melt price depending on the denomination (half dollars are slightly higher than dimes & quarters) and quantity.

Those of you on the east coast have a show in RICHMOND, VA SEPT. 18-20.

Silver mining stock to watch!

HL (NYSE) Helca mining was up 10% today ($3.45 to $3.78 Stock Market had not closed as of this posting)

Stock closed at $2.96 on Aug 31. and is up over 30% since that close 9 days ago.

You could have bought this stock last October at $1.25.

HL has a track record high 4 years ago @ $12.50

My projections are $15.00 or higher by MAY 2010.

Silver is not "tagging along" after gold.

Since October 27, 2008, GOLD has tagged along behind SILVER 37% TO 81%... $9.05 to $16.40 vs $729. to $997. ... MORE THAN A TWO TO ONE RATIO!

China, Gold and the Non-Open Door

Mad Hedge F

Silver is not "tagging along" after gold.

Since October 27, 2008, GOLD has tagged along behind SILVER 37% TO 81%... $9.05 to $16.40 vs $729. to $997. ... MORE THAN A TWO TO ONE RATIO!

China, Gold and the Non-Open Door

Silver mining stock to watch!

HL (NYSE) Helca mining was up 10% today ($3.45 to $3.78 Stock Market had not closed as of this posting)

Stock closed at $2.96 on Aug 31. and is up over 30% since that close 9 days ago.

You could have bought this stock last October at $1.25.

HL has a track record high 4 years ago @ $12.50

My projections are $15.00 or higher by MAY 2010.

China, Gold and the Non-Open Door

Interesting article! HOWEVER;

China tells the WEST what it wants the WEST to know! Anything else in conjecture.

I recently read that Greenlight Capital sold $500 million worth of their GLD exchange-traded fund holdings and bought physical bullion.
When are the rest of you going to make the realization that GLD, SLV and companies advertising to sell one ounce gold Maples, Eagles, etc and then state "we will store your gold for you", are nothing less than PAPER INVESTMENTS! Trust YOURSELF with YOUR MONEY & Gold & Silver...and NO ONE ELSE.

Have you noticed over the past 5 trading days, Silver has outperformed GOLD by a two to one margin! Also if you have been tracking Gold & Silver, silver has out preformed Gold 26.6% vs 12.9% from April 6 thru Sept. 9, 2009.

In weeks, months and years to come, I DEFINITELY see the trend continuing, however at MORE than a two to one ratio. I'm projecting Silver to reach $60./oz before gold reached $2,000/oz.

Coin shows are the best place to buy PHYSICAL GOLD and SILVER.
Long Beach Coin Expo, Long Beach Convention Center, Long Beach, CA opens at 10 AM this Thursday Aug. 11 (Thurs thru Sat) Of the 400+- dealers, there will be 40-60 dealers with gold & silver for PHYSICAL purchase... all in the same room... competing for your business. It is up to you to shop around and make your best deal. You should be able to purchase GOLD (depending upon what type you select) at levels between 2% and 12% over spot melt price. Coin silver, pre-1964, should be priced between 1% - 5% over spot melt price depending on the denomination (half dollars are slightly higher than dimes & quarters) and quantity.

Those of you on the east coast have a show in RICHMOND, VA August 18-20.

Gold Unaffected by the Economic Crisis?

Watching buying GLD/SLV are not a reflection of the REAL gold/silver market. Yes, they are tied by price, however, comparing PAPER investments (GLD/SLV) and PHYSICAL holding are like comparing Ford and Rolls Royce.

The market is not ignoring bad news, the price is being MANIPULATED.

Gold May Hit $1,100 in 2010 - Canaccord

The price of gold in 2010, 2011 will only reflect the value of the dollar. When Bread, milk, clothing and school books double, the price of gold will have risen to compensate. Gold is not a FACTOR, it is a STORE OF VALUE and a hedge against the collapse or the Dollar.

You want a FACTOR?

SILVER!

No government today has any viable silver reserves (if any at all) like they have stockpiled gold.

Silver's above ground supply has been depleted 5 fold over the past 40 years.

Even if this economy and manufacturing do not recover over the next 3-5 years, silver will still be needed in functioning industry...in far more quantity that can be mined at today's or even tomorrow's prices. 95% of the silver used in industry and medicine is not recoverable.

When China/Russia, et al, demand physical covering of Goldman Saks' and JP Morgan's short positions for silver on the COMEX, the silver price may well escalate to $40.-50. per oz and beyond before gold even reaches $1250.

Like the TV commercial "GOT MILK?" validates good health, "GOT SILVER" will be the FACTOR while gold just keeps pace.

The best place to buy physical gold and silver is at coin shows.

At major shows 30-60 dealers are competing for your business...most often at price levels 5%-15% less than the TV advertisers. Check with your local coin dealer for info about smaller, local shows.

Here is a list of a few major shoes around the country.

July 24-25 St Louis...St Charles Convention Center hosts the next major show. Admission is free and parking is free. About 150-200 dealers.

Aug 5-9 LA, CA Convention center. Free admission. 400-500 dealers.

Sept 10-12 Long Beach, CA Convention Center. $6. admission. 300 dealers

Sept 18-20 Richmond, VA 160 dealers

Sept 24-27 Philadelphia 300-400 dealers.

Gold Doesn’t Care If It’s IN-flation or DE-flation

Anyone not buying SILVER is missing a great opportunity. Eventually the big bank and gov't manipulation of SILVER will come to a crashing end sending silver to new price highs. The 68-1 SILVER to GOLD ratio will quickly adjust and will soon challenge the traditional time tested 16:1 ratio.

Coin shows are the BEST place to purchase gold & silver. Most major shows have 30-60 major dealers COMPETING for business in the same convention room! Comparisons and sound decisions are made a lot easier when you confront many sources face to face in the same arena. Also most shows are on Saturdays when the markets are closed and prices are stable. Physical possession is mandatory...no paper investments are sound.

Inflation Hedging: How to Protect Your Portfolio

First State Coin Dover 302-734-7776

Ask for RAY

Inflation Hedging: How to Protect Your Portfolio

PA has no sales tax on purchases of coins or bullion.

TX and other states have no sales tax on purchases over $1000.

Before going to a coin show, phone a dealer in that state to find out about sales tax laws.

Inflation Hedging: How to Protect Your Portfolio

For you gold buyers.

K Rands are now selling for $30. over melt...$25. over in quantity.