Phil Roth Gold to Double over 5-10 years

Huge Move in Gold says Phil Roth

For most of 2009, shorting the dollar and going long gold was a one-way bet to increased wealth. But gold stumbled more than 10% in December as the Dollar Index mounted a rally, leading some to determine a reversal of trend had arrived.

Buy Platinum, Not Gold says Nicole Elliott from Mizuho Corporate Bank

Investors should buy platinum instead of gold even though it has outperformed the precious metal in recent months, Nicole Elliott from Mizuho Corporate Bank told CNBC Tuesday. Elliott also took a technical look at Euribor future June 2010 contract.

Fort Knox and Bank of England Fake Gold Bars

Fake gold bars in Bank of England and Fort Knox

Pakistan Daily
January 15, 2010

It’s one thing to counterfeit a twenty or hundred dollar bill. The amount of financial damage is usually limited to a specific region and only affects dozens of people and thousands of dollars. Secret Service agents quickly notify the banks on how to recognize these phony bills and retail outlets usually have procedures in place (such as special pens to test the paper) to stop their proliferation.

But what about gold? This is the most sacred of all commodities because it is thought to be the most trusted, reliable and valuable means of saving wealth.

A recent discovery — in October of 2009 — has been suppressed by the main stream media but has been circulating among the “big money” brokers and financial kingpins and is just now being revealed to the public. It involves the gold in Fort Knox — the US Treasury gold — that is the equity of our national wealth. In short, millions (with an “m”) of gold bars are fake!

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