silver-bug

Invest in Gold to Hedge Against Hyperinflation

How's that working out now?


On Jul 20 03:24 PM kohalakid wrote:

> I agree with the author's entry points for gold.
> I'd target the 870-900 range as first strong support and 835-850
> under that.
>
> I'm happy selling 900 puts and if it gets to that level, I'll start
> selling 840 puts.

Gold, Viagra and Emerging Markets: Harry Dent on 2009 and Beyond

Harry got some things right. I'll give him that. But he's going to be wrong on gold and commodities.

Here's why:
1. China & India's rising economies will obliterate any global downturn in commodities prices. Their growing populations, increasing infrastructure developments, and growing middle class populations will soak up any slack in commodities prices and create a massive boom in commodities cycle.
2. Ben "Helicoptor" Bernanke will never allow a 'depression' to occur by pumping massive liquidity into the economy, slaughter the US. dollar, and create a massive bubble in commodities and gold and silver like never seen before. Compared to commodities and gold and silver, everything will go down in value relatively speaking.

I'm putting my money where my mouth is. Thank you, and good luck!

Three Noteworthy Sectors: Gold, Food and Healthcare

I agree. Food, agricultural, precious metals (gold & silver), basic materials, and energy are growth areas.

Any slack in prices in energy and basic materials will be picked up by the Chinese and Indian markets when they also stimulate their economies - they actually have a surplus unlike the US govt. That's 3-4 billion people driving the economy vs. the 300 million in the US. Once the consumption picks up in China and India, it's going to create a behemoth of a boom in commodity prices.


On Feb 27 11:02 AM GMiki wrote:

> Basic foodstuffs and gold will do well.

No Gold Bubble

This was a comment to: 5142152-337


On Feb 24 03:33 PM silver-bug wrote:

> Preach it, brother! Amen!

No Gold Bubble

Preach it, brother! Amen!