Thursday, August 11, 2011

Bob Chapman : Gold is going to $10000 and higher

Bob Chapman - Kerry Lutz - August 11, 2011

Bob Chapman : Obama will become a dictator , , they want to destroy social security and medicare calling them entitlement even though we paid for them the money that was paid in was stolen ..... we are bankrupt most of the banks are bankrupt the only thing you can invest in is Gold and silver coins bullion and shares and that's it , Gold is going to go to $10000 may be even higher and they going to re-peg the dollar behind gold they have to otherwise the currency won't work , we will have a deflationary depression after e have our inflationary hyperinflation we are going to have a QE3 but not a stimulus 3

Consumer demand for Gold remains high

Drew Corbett, Head of Investment Strategy at BetaShares, thinks that investors should consider investing in Australian dollar hedged gold ETFs." supply is very weak while we are coming to September when historically demand from India and China spikes " the $2000 target is now within range for Gold " "consumer demand for Gold remains high " " we can get short term pull backs"


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Donald Trump : The world is in serious trouble

Donald Trump : "The world is a mess, we haven't seen anything like this before," , Donald Trump is Trump Organization chairman/president, who adds that Europe is hurt because the U.S. led the way with the mortgage crisis. "we let it. we're the ones that started it. europe has been hurt by our wonderful mortgage accumulations of which i used to watch in amazement as they put together 5,000 mortgages and sell them to everybody all over the world. if you look at that mess that certainly didn't help the european banks that we're talking about right now. but, you know, we led the way. and Europe is suffering. certainly Europe made some tremendous mistakes. they have been pretty bad also. the world is in serious trouble"

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

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