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Archive for December 2009

15
Dec

Why Own Gold

 Australian gold nugget specimen

Australian gold nugget specimen

Peter Schiff on the Federal Reserve and government devaluing the dollar.

Hyperinflation and the Dollar

Australian gold nuggets

11
Dec

Why Spot Gold Price Should Fall

Mother lode gold nuggets

Mother lode gold nuggets

It’s the late 1970′s/early 1980 again! Investors that get in to gold now will have to wait for years after the coming gold correction takes gold to where it should be: $650 to $750. It’s the speculators just like what happened to oil last year. When the big money starts to dump gold the ETF’s that hold it will have to dump fast, there will be panic redemptions. The gold bugs will have to go back to hibernation again!

Mother lode gold nuggets


10
Dec

www.california-gold-rush-miner.us Gets Top Rankings

Nevada gold nugget

Nevada gold nugget

We just received results from an independent website ranking firm for our site. Below is the main part of this report:

Report for www.california-gold-rush-miner.us

December 10, 2009 at 01:12 AM

The website www.california-gold-rush-miner.us ranks 210,531 of the 1,866,789 websites that have been ranked so far.

A website grade of 89/100 for www.california-gold-rush-miner.us means that means that of the millions of websites that have previously been evaluated, our algorithm has calculated that this site scores higher than 89% of them in terms of its marketing effectiveness. The algorithm uses a proprietary blend of over 50 different variables, including search engine data , website structure, approximate traffic, site performance, and others

Traffic Rank : Top 1.286 %

Alexa is an online service that measures traffic for millions of sites on the Internet in a similar way to Nielsen television show ratings.

Your website has an Alexa rank of 400,000 which is in the top 1.286 % of all websites.

9
Dec

Gold Price Correction

gold specimen

gold specimen

The myth of contrarian investment fascinates me. Most people were dumping AIG and GM earlier this year. Were Contrarians wise to buy those stocks? NO. People are dumping dollars and buying gold. The reasons are obvious. Are contrarians right? NO. Will there be a 10% correction in gold price? OF COURSE, but when? A forty percent correction? Why? Will the Obama regime stop printing money? NO.

gold specimens

8
Dec

Gold vs Dollar

Australian GOLD nugget

Australian GOLD nugget

Thinking of owning some gold?

Look where we are now.  A study of the US market prices & US govt statistics from 1910, 100 years ago, shows the USD$ has LOST:
1) -98% of it’s purchasing power in gold
2) -95% of it’s purchasing power in silver
3) -95% of it’s value against the platinum metals
4) -92% of it’s value against the base metals
5) -97% of it’s value against energy commodities
6) -97% of it’s value against a basket of the major fish harvested
7) -90% of it’s value against a basket of the major ag products
8  -96% of it’s purchasing power to feed a family of 4

Australian GOLD nugget