Comments on: Spot Gold Price – Ready for Hyperinflation?

By: San Diego income property

San Diego income property — Sat, 07 Feb 2009 00:38:55 +0000

Gold is the one currency that you can't print too much of and can't devalue with a formal statement, so people will always tend towards buying gold when money is suspect. Money is suspect now, and while gold has dropped recently - because of dollar buying - longer term, and I mean from now (fundamentally and technically {according to my reading of the charts}), gold is starting an uptrend. I took my profit on short gold today and now I'm long, through ETF, Get ready for super inflation and be strongly prepared to have your standard of living not only reduced but maybe cut in half. San Diego Real Estate Agent

By: San Diego Plastic Surgery

San Diego Plastic Surgery — Sat, 07 Feb 2009 00:37:56 +0000

COMEX gold is being maniuplated by the Fed through a couple bullion banks.
They are doing a fine job of keeping gold down and everyone flooding into it.
But, eventually gold is up because even the Fed will eventually use it to cut the US debt in half or more by revaluing gold to the dollar. Only, they will do it when they feel it is time to do it.
Until then, gold will be stuck in the range of 750 to 900 dollars. Unless, Chinese or middle eastern folks take advantage of golds low price and start buying it on the COMEX with the intention of taking delivery.
Then the game will be over for manipulation by the Fed.
So, either the Fed will eventually cause the price of gold to go to four figures on their time table or some foreign entity will get into the game before that happens to keep from losing dollars when the Fed does it.
San Diego Cosmetic Surgery

By: San Bernardino lawyers

San Bernardino lawyers — Sat, 07 Feb 2009 00:36:59 +0000

I hear that the Comex Gold may default in 2009 sometime because they will not be able to deliver physical gold as promised when more and more investors lose confidence in paper. Riverside County Lawyer