Calling Warbucks! Where's That Gold Crash You Warned About?

never gonna see it now..

http://news.silverseek.com/SilverSeek/1270064398.php

Just the dollar going up/down

In other currencies not much happens...

Yeah a little perhaps..but not much..

I´m not gonna make any predictions short term, but I hold for long term, so I don´t care.

Gold is in a 9 year up trend where it has quadrupled it's value in almost every currency in the world, while the U.S. dollar issued by the greatest debtor nation in the history of the world, is rising from it's 2008 lows to gain back some of it's previously lost value, while at the same time Europeans are bailing out of the Euro.

But, a respected member of the U.S. Congress, Ron Paul a long time member of the House Financial committee, expects the U.S. dollar to eventually lose so much value that the America that we all grew up in is going to be divided up between rich people and poor people, and the poor people will suffer the worst effects of inflation, especially once the U.S./State governments can no longer keep pensions, unemployment benefits, and entitlements funded.

I'll stick with Gold, and if the price does drop I'll try to add more to my portfolio, thank you.

Up-date Aug. 18, 2011. I think what I wrote in March 2010, is still true, after a new high dollar record in Gold of over $1,830.00 per ounce today.
Ron Paul the modern day prophet !

as the dollar bubble inflates.

The trick will be to time the bursting of that bubble.

I don't believe there will be much of a fall in the dollar until treasury notes are dumped onto the market. SInce China and other countries continue to hold treasury notes there really aren't and won't be too many FRNs on the market. If they start trading treasury notes then trouble will begin as Ron Paul has warned. Just like a person who uses credit cards; as long as banks are willing to give more and more and more credit, the person can live high on the hog. The difference is that when a bank cuts off credit for an individual, they cannot print money like the Fed can print money. But imagine if the Fed doesn't print!
Who knows? Only the insiders know for sure.

grant

APMEX 1oz silver rounds for a buy/sell ratio of .92

:D

In other words, gold has been a panic play all through this recession, but now the panicky set (slow learners, they) are starting to realize they've been losing out on the significant market rally since the bottom last year and are slowly dripping their billions back into stocks where productive human beings trying to keep working increase the value of their company's shares. Yes, it's a timeworn strategy, but one that works.

PLEASE..... may gold go to 400.00 and silver to 2.00!

The move down in gold yesterday surprised many traders and flashed an exit signal based on MarketClub's daily "Trade Triangle" technology. As we have mentioned before, we felt that gold was in a broad trading range and were not optimistic that it would shoot higher.

The action yesterday confirms that we have more of a two-way market. I expect we'll see further selling on any rallies from this level.

http://club.ino.com/trading/2010/03/gold-surprise/