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Old Oct-23-2009, 16:05
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Gold will go $1,500/ounce this year

Here is a whole page advertisement in San Jose Mercury News on August 24, 2009:

Cash for Gold comes to Cupertino

With unemployment and foreclosures at a record high in California, ARC Capital Investments will host another fun, safe and lucrative cash for gold purchasing event here in Cupertino to help stimulate the economy. Many people are already very aware of the benefits of such an event due to the many advertisements on television, radio and the Internet.

ARC Capital Investments, a California state-licensed precious metals dealer, has a different approach to the demand and supply of precious metals. Owner of ARC, hosts a 4-day event in the Cypress Hotel, a very well established and reputable hotel, in order to ensure 100% client interaction.
.......

The Gold Evaluation Process
........ "

The price of the gold in August was around $950/ounce. ARC of course is not a charitable institution. When it pays huge to rent hotels and put advertisement to collect gold from area to area, how much do you think they expect to make in future gold market?

When media repeats on foreclosure and unemployment news, it squeezes people to sell gold and jewellry to speculators. The next financial balloon will be a gold bubble. At that time, the topic in media will be inflation. It will advise you to buy back gold. This is how the inside group controls this country and make money from each crisis.
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Old Nov-18-2009, 16:13
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I think the Feds is preparing another financial tsunami in the rest days of this year. In which US dollars will rapidly devalued to a historical low. The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher.

This is why there is regime change in Japan. The Liberal party was too close to its enterprises and big business. It resists to increase the value of yen to the desire of the Feds. So it has to step down. The Democrat party who is willingly to sacrifice the Japanese financial interest now gets the power. The high value of Japanese yen will certainly hurt Japan's economy.

China and India co-operate with the Feds. They have bought the gold quietly for sometime and will make a good profit in coming gold rush.

It will happen in coming days of this year. What a tsunami it is if it all takes place in three months. I predict it before the media bang the drum on inflation. And remember what I said today and how the Feds control your mind with propaganda.


When I say the Feds is the hand to push up the gold price, the Feds here means intelligence (FBI, DEA). So they have their own way to clear the uphill road for the gold.
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Old Nov-19-2009, 21:35
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Any well thought out...diversified portfolio has some Gold in it. No matter what the economy is like....always have a chunk of Gold.

Words of wisdom for when the time comes. Lots of people are raking in the dough right now.....buying foreclosures....sittin and sellin.... or flippin. Lots of pump & dumps in the market...capitalize while the scared sit on the fence...its a buyers market right now. Be bold & take risks.
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Old Nov-20-2009, 08:42
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Not investing *ANYTHING* in gold, or anything to do with Wall Street. What goes up, must come down. There is no basis, rhyme, or reason for the markets to be where they are now..... other than lies and greed.

The US does *NOT* run on Wall Street, it runs on small town, rural America. The biggest obsticle for economic recovery is the price of gasoline at the pumps.

Last Feburary, when gas was $1.50 at the pumps, my company had a record month, and I was lookig at hiring a full time Master Technician, and a full time helper, as well as an office person to keep up with the demand. I had a 2 week backlog just on service calls, and had a backlog on comfort system replacements. In mid March the price went over $2.00/gal at the pumps, and everything stopped. Traffic on the roads dwindled down to nothing, folks stopped spending in stores(other than essentials), my company phones stopped ringing. Instead of hiring, I had to let 2 people go, and now can barely afford to write my own salary check.
The only reason the price of gasoline went up is because the speculators saw that money was starting to move, so the greedy bastards jacked the futures prices.

The oil companies have shut down over half of the production platforms in the Gulf of Mexico, and the refineries have reduced their output by 80% or more.... all in an attempt to keep the price of oil up. Add to all this....the idiocy of our elected officials, and there free spending with our hard earned tax dollars... Elected officials should only serve 2 terms.... the first elected, the second...in jail.

Do a little homework... then tell me I am wrong.
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Old Nov-20-2009, 09:20
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Mississippi Steve is a wise man ... and, trying to eat gold, will only break your teeth ... my long-term investment plan is ammunition
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Last edited by the image reaper; Nov-20-2009 at 09:22.
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Old Nov-20-2009, 09:26
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Originally Posted by Mississippi Steve View Post
Elected officials should only serve 2 terms.... the first elected, the second... in jail ...
hell, yeah, that's the way they do it in Illinois politics ... oh, wait a minute, isn't that where our Savior-in-Chief Obama lived, and prepared his political career ?? ...

"Change" ... be careful what ya ask for
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Old Nov-20-2009, 12:46
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Originally Posted by Mississippi Steve View Post
Not investing *ANYTHING* in gold, or anything to do with Wall Street. What goes up, must come down. There is no basis, rhyme, or reason for the markets to be where they are now..... other than lies and greed.

The US does *NOT* run on Wall Street, it runs on small town, rural America. The biggest obsticle for economic recovery is the price of gasoline at the pumps.

Last Feburary, when gas was $1.50 at the pumps, my company had a record month, and I was lookig at hiring a full time Master Technician, and a full time helper, as well as an office person to keep up with the demand. I had a 2 week backlog just on service calls, and had a backlog on comfort system replacements. In mid March the price went over $2.00/gal at the pumps, and everything stopped. Traffic on the roads dwindled down to nothing, folks stopped spending in stores(other than essentials), my company phones stopped ringing. Instead of hiring, I had to let 2 people go, and now can barely afford to write my own salary check.
The only reason the price of gasoline went up is because the speculators saw that money was starting to move, so the greedy bastards jacked the futures prices.

The oil companies have shut down over half of the production platforms in the Gulf of Mexico, and the refineries have reduced their output by 80% or more.... all in an attempt to keep the price of oil up. Add to all this....the idiocy of our elected officials, and there free spending with our hard earned tax dollars... Elected officials should only serve 2 terms.... the first elected, the second...in jail.

Do a little homework... then tell me I am wrong.
Here in Galveston Tx........seems everyone is making a killing on the platforms...soon as they finish their classes they get swooped up....making BANK too. Has Mississippie got it bad for some reason? I can think of 4 buddies working offshore nonstop right now. And Shell is always looking at the community colleges here.

The secong term in jail was priceless
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Old Nov-20-2009, 13:09
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Originally Posted by the image reaper View Post
"Change" ... be careful what ya ask for
I'll keep my guns, money, and freedom... Obama and his cronies can keep the "change." (I know they make t-shirts and bumper stickers quoting that, I've gotta find me some of those!)

As for the coming gold "boom", I don't see it lasting or becoming the giant trend some people are trying to make it out to be. If the Feds don't at least try to curtail all this ridiculous spending, then I could possibly see it becoming a trend, making the dollar worth less than it already is now. Otherwise, it'll eventually bounce back like it always has before in the exchange market. And as the largest foreign holder of U.S. treasuries, China is bound to be nervous, sure... but as long as they keep buying them up to protect their cheap exports, the dollar isn't going to "crash" like a lot of the big talking heads are wanting people to believe.

This is Obama's big chance to make a name for himself for actually accomplishing something worthwhile. (Imagine that...) It'd be nice to see his administration take some serious measures towards a solution to the economic problems, instead of this current trend of spending America's way into third-world status. Here's hoping...
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