Is Gold Still Buyable? Simple Answers to Simple Questions [View article]
Paper money is cheap and easy to produce. Gold mining and refining is costly and difficult. The treasury and fed look for quick fixes. The dollar will fall faster and faster in value. Gold will soon really skyrocket.
Jobless, Housing Data Support the Case for Gold [View article]
I lost a lot of money in real estate and have made money in commodities. I'm not an investment pro.I use common sense.Regulation lately has been very lax.stocks and bonds are easy to manipulate,commodities aren't.Common sense won't work in a manipulated market.Horse sense is of no use in a fixed race.i only invest in things that run a true course.
Gold and Silver Breakout: Is $5000 Gold Realistic? [View article]
Moneterizing world debt and heavy leveraging ,all with fiat funds can't help but rocket precious metals and all commodities.Gold is a natural money and is the world wide benchmark.I suggest$5,000 an ounce very conservitive and five years too long a time.
I'm retired and have been buying gold and silver in small amounts over many years,I started buying gold at less than $450.00 an ounce. I believe the price will rise to $5000 within the next few years.
Soon the central banks will lose control and will not be able to manipulate currency .When that happens ,gold along with commodity prices will soar. Loss of confidence in paper money will bring on hyperinflation.Holders of gold will greatly profit.
While speculative bets on higher silver prices have plummeted 72% since February, investor demand stays strong - silver held by ETPs has risen nearly 800 tons this year to about 18K tons (let's face it, plenty of this is speculative). Industrial demand may be bouncing back as well, with warehouse stockpiles falling last month for the first time since November. [View news story]
With the way paper money is now and will be printed,that flooding of paper will boost all precious metals to heights that no one is predicting now.
Gold and oil don't seem to expect much from the FOMC today, the metal -1.2% and WTI crude -1.8%. Crude added to already solid losses on the release of storage data showing an unexpected build in inventories. [View news story]
The Fed created a manipulation bubble.It will soon burst.Out of it will be exploding commodity prices. That is what inflation is. All nations' paper money will be worth much less. All prices will shoot up.Gold because it is already money along with silver ,will see their price really sky rocket.
Chinese gold imports from Hong Kong in April rose 65% from a month earlier to a record 103.6 metric tons. In the year through the end of April, Chinese gold imports have risen nearly 8-fold from 2011, according to Bloomberg. "We can't rule out the possibility that the central bank is buying gold," says Ag Bank's Wang Xinyou. [View news story]
For the past 5 years I have been accumulating gold.
Chinese gold imports from Hong Kong in April rose 65% from a month earlier to a record 103.6 metric tons. In the year through the end of April, Chinese gold imports have risen nearly 8-fold from 2011, according to Bloomberg. "We can't rule out the possibility that the central bank is buying gold," says Ag Bank's Wang Xinyou. [View news story]
Do You believe the weatherman when it is pouring out and he says the sun is shining?Central banks are printing paper money at break neck speed while they are buying gold.Look ,and use common sense.Don't pay attention to Wall Street's lies. Fiat money will soon collapse. Only commodities will have value.The easiest of these to own and store is gold.The writing is on the wall.
Paper money can be printed at breakneck speed.That is what QE1 and QE2 are. the more that is printed ,the less it is worth. Gold is time consuming and difficult to mine and refine. It ,unlike commodities is never used up or worn out.Gold is unique. These qualities are what make it valuable. Central banks can make fiat money less valuable than toilet paper. Gold is very hard to manipulate.It has always been universal ,unlike paper money .24 k is 24k the world over.
Investors in ETFs and similar products push their gold holdings worldwide to a new all-time record of more than 83M oz. SPDR Gold Trust (GLD) entrenches its position as the second-biggest of all U.S. ETFs with more than $75B in assets, behind only the SPDR S&P 500 ETF’s (SPY) $105B. GLD ranks third in 2012 asset inflows, with $5.2B; inflows for iShares Gold Trust (IAU) totals $2.4B. [View news story]
Does any one know anything or have any serious thoughts about the government confiscating gold ? I heard rumblings that with QE the dollar value will drop and only gold will have worth. It happened before .Will history be repeated? Will we go back to the 1930s?
Is Gold Still Buyable? Simple Answers to Simple Questions [View article]
Is Gold Still Buyable? Simple Answers to Simple Questions [View article]
Gold mining and refining is costly and difficult.
The treasury and fed look for quick fixes.
The dollar will fall faster and faster in value.
Gold will soon really skyrocket.
Jobless, Housing Data Support the Case for Gold [View article]
Jobless, Housing Data Support the Case for Gold [View article]
Gold and Silver Breakout: Is $5000 Gold Realistic? [View article]
Look To Buy Gold At This Price [View article]
Look To Buy Gold At This Price [View article]
While speculative bets on higher silver prices have plummeted 72% since February, investor demand stays strong - silver held by ETPs has risen nearly 800 tons this year to about 18K tons (let's face it, plenty of this is speculative). Industrial demand may be bouncing back as well, with warehouse stockpiles falling last month for the first time since November. [View news story]
Gold and oil don't seem to expect much from the FOMC today, the metal -1.2% and WTI crude -1.8%. Crude added to already solid losses on the release of storage data showing an unexpected build in inventories. [View news story]
Chinese gold imports from Hong Kong in April rose 65% from a month earlier to a record 103.6 metric tons. In the year through the end of April, Chinese gold imports have risen nearly 8-fold from 2011, according to Bloomberg. "We can't rule out the possibility that the central bank is buying gold," says Ag Bank's Wang Xinyou. [View news story]
Chinese gold imports from Hong Kong in April rose 65% from a month earlier to a record 103.6 metric tons. In the year through the end of April, Chinese gold imports have risen nearly 8-fold from 2011, according to Bloomberg. "We can't rule out the possibility that the central bank is buying gold," says Ag Bank's Wang Xinyou. [View news story]
Look To Buy Gold At This Price [View article]
the more that is printed ,the less it is worth.
Gold is time consuming and difficult to mine and refine. It ,unlike commodities is never used up or worn out.Gold is unique. These qualities are what make it valuable. Central banks can make fiat money less valuable than toilet paper.
Gold is very hard to manipulate.It has always been universal ,unlike paper money .24 k is 24k the world over.
Tim Guinness: Gold Could Rise to $7,500 by 2025 [View article]
I dumped all my equities and I'm glad I did.
Tim Guinness: Gold Could Rise to $7,500 by 2025 [View article]
Investors in ETFs and similar products push their gold holdings worldwide to a new all-time record of more than 83M oz. SPDR Gold Trust (GLD) entrenches its position as the second-biggest of all U.S. ETFs with more than $75B in assets, behind only the SPDR S&P 500 ETF’s (SPY) $105B. GLD ranks third in 2012 asset inflows, with $5.2B; inflows for iShares Gold Trust (IAU) totals $2.4B. [View news story]