About gold price and inflation
Gold will go $1,500 to $2,000/ounce in near future.
I think the Feds is preparing another financial tsunami . In which US dollars will rapidly devalued to a historical low. The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher.
China and India co-operate with the Feds. They have bought the gold quietly for sometime and will make a good profit in coming gold rush.
US dramatically adds up its national debt. That's a preparation for the dollar crisis. Now the media beat the drum on Greece debt to drive the money to the dollar country. Once they make up enough money on Euro crisis, the media will turn to dollar and blow the trumpet, then they'll make another fortune on dollar crisis. At that time, gold will be pushed up to $2,000/oz. The plateform of gold now is $1,200/oz.
Gold will be next bubble.
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kathaksung
- Posts: 63
- Joined: Wed Jun 16, 2010 10:48 am
Gold will be next bubble.
kathaksung;1316299 wrote: About gold price and inflation
Gold will go $1,500 to $2,000/ounce in near future.
I think the Feds is preparing another financial tsunami . In which US dollars will rapidly devalued to a historical low. The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher.
China and India co-operate with the Feds. They have bought the gold quietly for sometime and will make a good profit in coming gold rush.
US dramatically adds up its national debt. That's a preparation for the dollar crisis. Now the media beat the drum on Greece debt to drive the money to the dollar country. Once they make up enough money on Euro crisis, the media will turn to dollar and blow the trumpet, then they'll make another fortune on dollar crisis. At that time, gold will be pushed up to $2,000/oz. The plateform of gold now is $1,200/oz.
Interesting, but I would not encourage anyone to buy gold irrespective of what happens to the Euro or U.S. Dollar. The only ones that will profit from gold right now are those that are selling it at it's historically high prices. Dontcha just love all the commercials on TV right now that tout gold. Caution, caution, caution.
Gold will go $1,500 to $2,000/ounce in near future.
I think the Feds is preparing another financial tsunami . In which US dollars will rapidly devalued to a historical low. The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher.
China and India co-operate with the Feds. They have bought the gold quietly for sometime and will make a good profit in coming gold rush.
US dramatically adds up its national debt. That's a preparation for the dollar crisis. Now the media beat the drum on Greece debt to drive the money to the dollar country. Once they make up enough money on Euro crisis, the media will turn to dollar and blow the trumpet, then they'll make another fortune on dollar crisis. At that time, gold will be pushed up to $2,000/oz. The plateform of gold now is $1,200/oz.
Interesting, but I would not encourage anyone to buy gold irrespective of what happens to the Euro or U.S. Dollar. The only ones that will profit from gold right now are those that are selling it at it's historically high prices. Dontcha just love all the commercials on TV right now that tout gold. Caution, caution, caution.
Gold will be next bubble.
Lon's right.
THAT train done left the station.
THAT train done left the station.
The home of the soul is the Open Road.
- DH Lawrence
- DH Lawrence
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kathaksung
- Posts: 63
- Joined: Wed Jun 16, 2010 10:48 am
Gold will be next bubble.
Interesting. You warn people "caution". But some one urge people to sell the gold to him by paying big to advertise.
When I say the Feds is the hand to push up the gold price, the Feds here means intelligence (FBI, DEA). So they have their own way to clear the uphill road for the gold.
Here is a whole page advertisement in San Jose Mercury News on August 24, 2009:
Cash for Gold comes to Cupertino
With unemployment and foreclosures at a record high in California, ARC Capital Investments will host another fun, safe and lucrative cash for gold purchasing event here in Cupertino to help stimulate the economy. Many people are already very aware of the benefits of such an event due to the many advertisements on television, radio and the Internet.
ARC Capital Investments, a California state-licensed precious metals dealer, has a different approach to the demand and supply of precious metals. Owner of ARC, hosts a 4-day event in the Cypress Hotel, a very well established and reputable hotel, in order to ensure 100% client interaction.
.......
The Gold Evaluation Process
........ "
The price of the gold in August was around $950/ounce. ARC of course is not a charitable institution. When it pays huge to rent hotels and put advertisement to collect gold from area to area, how much do you think they expect to make in future gold market?
When media repeats on foreclosure and unemployment news, it squeezes people to sell gold and jewellry to speculators. The next financial balloon will be a gold bubble. At that time, the topic in media will be inflation. It will advise you to buy back gold. This is how the inside group controls this country and make money from each crisis.
When I say the Feds is the hand to push up the gold price, the Feds here means intelligence (FBI, DEA). So they have their own way to clear the uphill road for the gold.
Here is a whole page advertisement in San Jose Mercury News on August 24, 2009:
Cash for Gold comes to Cupertino
With unemployment and foreclosures at a record high in California, ARC Capital Investments will host another fun, safe and lucrative cash for gold purchasing event here in Cupertino to help stimulate the economy. Many people are already very aware of the benefits of such an event due to the many advertisements on television, radio and the Internet.
ARC Capital Investments, a California state-licensed precious metals dealer, has a different approach to the demand and supply of precious metals. Owner of ARC, hosts a 4-day event in the Cypress Hotel, a very well established and reputable hotel, in order to ensure 100% client interaction.
.......
The Gold Evaluation Process
........ "
The price of the gold in August was around $950/ounce. ARC of course is not a charitable institution. When it pays huge to rent hotels and put advertisement to collect gold from area to area, how much do you think they expect to make in future gold market?
When media repeats on foreclosure and unemployment news, it squeezes people to sell gold and jewellry to speculators. The next financial balloon will be a gold bubble. At that time, the topic in media will be inflation. It will advise you to buy back gold. This is how the inside group controls this country and make money from each crisis.