Gold and Silver Prices Stall Out : NEW YORK (TheStreet) -- Jon Nadler, senior analyst at KItco.com, breaks down why gold and silver prices have lost momentum.
NEWS ON BOOZE : THE TRUTH THE NEWS WILL NOT TELL YOU . Your Source of Daily Alternative & Independent News a daily follow up of Investigative Journalists Whistleblowers Conspiracy Theorists Truthers Visionaries and Freedom Fighters . Freedom is real and attainable
Thursday, February 10, 2011
The Dollar is a ponzi scam
The trick is to surround yourself with like minded individuals and question EVERYTHING! Gold and silver are NOT becoming more expensive; this is just the visual aid where you can see the dollar losing its value. Purchasing gold and silver is how real people can exercise their belief that the dollar is on its way to becoming worthless. , here are some good books about the subject that you should read : Guide to Investing in Gold and Silver - Michael Maloney
The Collapse of the Dollar and How to Profit from It
Crash Proof 2.0: How to Profit From the Economic Collapse
Gold is insurance against a financial Armageddon. Gold's over $1,400 an ounce as we speak. When it gets up to $5,000 people will say, "Oh my goodness. I bought it at $1,400. I can sell it at $5,000 and make a lot of money." That profit may be there, but the way to look at gold is that it anticipates the inflation ahead and preserves the purchasing power of your paper assets. Even if gold gets to $100,000, it's not that you've made $98,600 profit, it's just that you still have the purchasing power you did with your $1,400 gold.- John Williams, shadowstats.com
The Collapse of the Dollar and How to Profit from It
Crash Proof 2.0: How to Profit From the Economic Collapse
Gold is insurance against a financial Armageddon. Gold's over $1,400 an ounce as we speak. When it gets up to $5,000 people will say, "Oh my goodness. I bought it at $1,400. I can sell it at $5,000 and make a lot of money." That profit may be there, but the way to look at gold is that it anticipates the inflation ahead and preserves the purchasing power of your paper assets. Even if gold gets to $100,000, it's not that you've made $98,600 profit, it's just that you still have the purchasing power you did with your $1,400 gold.- John Williams, shadowstats.com
JP Morgan Bullish on Gold
Investors Have $102 Billion Bet on Gold, Silver Gains
By Nicholas Larkin and Pham-Duy Nguyen
Feb. 7 (Bloomberg) -- After the worst January for precious metals in two decades, investors still have a $102 billion bet on higher prices, hoarding more gold than all but four central banks and more silver than the U.S. can mine in almost 12 years.
By Nicholas Larkin and Pham-Duy Nguyen
Feb. 7 (Bloomberg) -- After the worst January for precious metals in two decades, investors still have a $102 billion bet on higher prices, hoarding more gold than all but four central banks and more silver than the U.S. can mine in almost 12 years.
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