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Wednesday, November 24, 2010
Rob McEwen, Gold -- the alternative and ultimate currency
Gold price will reach $5,000 predicts Rob McEwen
Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp, explains what has caused the gold price to rise over the past decade. The gold price is going up because it is an alternative currency and the ultimate currency. Other currencies are being debased and in general there is a high level of debt at government, corporate and personal levels. People buy gold to diversify their investment portfolio.
Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp explains that whether to buy physical gold bullion and/or gold mining stocks depends on your risk profile. He compares junior gold mining stocks with senior gold mining stocks. Video recorded on November 5, 2010.Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp, predicts a gold price of $5,000 by the time it peaks. He acknowledges the role of gold as money. People invest in gold to protect their other investments.
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Rob McEwen
Bob Chapman : TSA Molestations is psychological warfare against the Americans
Bob Chapman on Discount Gold and Silver Trading Nov 22 2010
Bob Chapman wrote in the International Forecaster of the 17th November 2010 :"...Most companies have laid off as many workers as they dare too and will lay off more as revenues continue to fall. Investors believe that $600 billions in QE2 will make things lots better. The economy, again, is not being targeted. What is being targeted again is the financial sector, particularly the stock market. Those who own the Fed and those within that system must be saved. The market has to be saved because if it is not the last vestiges of personal wealth will disappear. If that happens the middle class and retirees will go ballistic and into panic...."
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TSA
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