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Gold: 4000US$? Listen to this guy on CNBC...

Submitted by RonPaulSwede on Fri, 11/20/2009 - 16:19
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Jim Rickards Discusses $4,000 Gold on CNBC:
http://www.youtube.com/watch?v=St7TF8q0T18

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Gold claim, anyone?

Submitted by paul4won on Sat, 11/21/2009 - 08:11.

Yeah, I have offered and offered to help people stake claims. I offered the Sheriff's department. If I filed them a decent claim, they could work the inmates up there. How many FED grants do you suppose they would need then? And YES, there is LOTS of gold in my county.
I offered the State GOP - of course, they laughed.
I offered the local liberty lovers. Of course, a few have claims and are way better than me at panning and such. The rest? No takers.
For about $250 "down" and $175 a YEAR, you have surface mining rights to up to 100 acres, maybe 200 (can't recall off the top of my head.) If you actually go work it there is no annual fee.
Anybody looking for a way to run to the mountains and make a good living while doing honest, hard work?
(Insert sound of crickets.)

—

Truth exists, and it deserves to be cherished.

Gold will find It's level around $4000

Submitted by poq on Sat, 11/21/2009 - 07:08.

If used in the open market "Gold will find It's level around $4000, that's about a 75% devaluation of the dollar"

"...you just had some people...some of our viewers just went right to heaven"
They're going to say "I like this Rickards guy!"

I think with all the writing in to Squawkbox about Ron and gold and the federal reserve they know who we are.

hahaha

thanks for posting

Submitted by MMJ Ministry on Sat, 11/21/2009 - 00:51.

----------------
Ron Paul Supporter Since 1997
"If people let government decide which foods they eat and medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny."
Thomas Jefferson

—

“We have allowed our nation to be over taxed and over regulated and overrun by bureaucrats, the founders would be ashamed of us for what we're putting up with.” Ron Paul

I've heard some analysts

Submitted by jct181 on Fri, 11/20/2009 - 19:27.

I've heard some analysts saying even higher than that.

Get real money now. Really.

Submitted by none on Fri, 11/20/2009 - 16:47.

Metals are nice. Gold & silver in particular. Worth something. The paper FRN? Not so much so.

he's not the only one.....

Submitted by bad_karma on Fri, 11/20/2009 - 16:31.

he's not the only one..... times will be interesting next year..

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.

—

A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.