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Thread: Gold Investment? Is it wise
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02-24-2012, 04:25 AM #76Disabled
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The Chairman of the World Gold Council expects gold to "skyrocket" in the months ahead. In 2012, Gold is the asset of choice!
Gold makes the most sense when government, corporate and personal debt levels are higher than during the Great Depression.
From Europe to China, the U.S to Russia, those in "the know" are making the move, expecting gold to challenge the +2400% gains experienced during the 1970's under less severe economic conditions.
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02-24-2012, 04:54 AM #77Newbie
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I have a friend who makes a living off of gold, he makes upwards of $30,000 per month, so my opinion: it's definitely worth investing into.
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02-24-2012, 06:25 AM #78Web Hosting Master
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I have a friend who makes a living off of gold, he makes upwards of $30,000 per month, so my opinion: it's definitely worth investing into.
The good article about gold investment.
http://en.wikipedia.org/wiki/Gold_as_an_investmentExplore our outstanding VPS choices tailored to your budget, and we welcome reasonable offers.
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02-24-2012, 06:43 AM #79Disabled
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I have it from absolutely incredible sources that Silver will be around $565 per ounce by August of this year. To the moon.
The ShadowStats inflation adjusted high for silver is over $300. The last number I saw from John Willliams re silver was about $450 ounce to reach the inflation adjusted equivalent of 1980.
In year 1980, USA debts were $1 Trillion and Silver was $50 an ounce. This is most important hidden information. Today USA debts has reached $100 Trillion so Silver should be $3,500 an ounce today.
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02-24-2012, 06:46 AM #80Web Host Reviewer
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Gold/silver is no more an "investment" than real estate or baseball cards.
Most of the people who push it as such are just financial scammers.
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02-24-2012, 06:53 AM #81Web Host Reviewer
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Pillars of world economy, my foot.
Only if you forget about the stock exchanges, currencies, commodities, etc.
Most "experts" who insist gold is a good investment don't know their @ss from their elbow.
Financially speaking, of course.
And almost none of them have the wealth that they proclaim is possible with metals.
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02-24-2012, 09:27 AM #82Disabled
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02-24-2012, 09:32 AM #83Aspiring Evangelist
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02-24-2012, 09:52 AM #84Disabled
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02-24-2012, 09:58 AM #85Aspiring Evangelist
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Printed out of tiny air, making us debt against privates (well, fed is private, not?) even bigger.
http://www.youtube.com/watch?v=EewGMBOB4Gg
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02-24-2012, 06:02 PM #86Disabled
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that's because the irresponsibility with regulating the wall street allowed the wall street to scam entire world to the point of a few hundred trillions.
it was american government's responsibility. everyone in the world, naturally thought that a major country would properly regulate their financial sector and such frauds/scams would not happen.
but, american people voted for 'more jobs and less regulations' and they got less jobs and less regulations ( for companies ). and then wall street created 100-200 trillions (extent unknown) assets out of thin air and swindled entire world, and their own country.
so, u.s. voters, through u.s. government, are paying for that.
only fitting.Last edited by unity100; 02-24-2012 at 06:09 PM.
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02-24-2012, 08:01 PM #87CISSP-ISSMP, CISA
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02-24-2012, 08:37 PM #88Web Hosting Master
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02-25-2012, 01:19 AM #89Web Hosting Master
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02-25-2012, 02:35 PM #90Newbie
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I am interesting in gold. Where should i start? which website is good for trading gold?
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02-25-2012, 02:50 PM #91Web Hosting Master
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I just hope so! My parents are taking care of my investments and they are continuously buying gold.
But, I think that also makes sense. As over the years I've visibly seen gold price scale up appreciably.
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02-25-2012, 06:39 PM #92Web Hosting Master
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02-28-2012, 11:57 PM #93Newbie
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The price of gold will go up.
Recommended to use long-term investment perspective, do not short-term and out.
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