Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: Re: The Street says, "GOLD will Peak in 2013."

RUBBISH!!!!

The end to gold’s 10-year bull run would come with a renewed faith in currencies, as the structural imbalances that have impeded paper money slowly start to fade.

All of the club med countries find hidden money balance their budget and pay down existing debt, while the US citizens stand up and each volunteer $250,000 for ebvvery man woman and child to eliminate the debt, thus making the world's largest economy solvent again. (JFK will also resurrect from the grave cyrogenically stored and stare down those nasty Iranians and their nuclear desires ... he will give them guantanamo as a peace offering.)

“One overt trigger that is worth looking for is the start of a serious ratcheting up in interest rates, because for gold investment to be popular you do need very low interest rates,” says Meader.

Just like in the early 80's when inflation was high and interest rates hit a low of 20+% gold needs those conditions

Sorry couldn't read such drivel any further.

orgy


Share
New Message
Please login to post a reply