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Posts tagged ‘investing in gold’

9
Apr

Peter Schiff … Get physical gold/silver!

Peter Schiff on why not to invest in gold stocks/funds, but in the real physical metal!

gold prospecting videos

16
Dec

Buy Gold Now?

California gold

California gold

Two months ago or thereabouts the Chinese Government advised their citizens to buy gold. Now Hu Xiaolian, (why can’t these people have names we can spell or pronounce?) Vice-Governer of the Peoples Bank of China says gold is in a bubble and infers the Chinese Central Bank won’t be buying more gold? Read more »

5
Nov

Why Buy Gold or Silver?

Morgan silver dollar

Morgan silver dollar

The dollar and other currencies are not necessarily doomed if they print 3X or 4X the amount of fiat money because they are only covering the electronic money that was created and lost through gambling in derivatives by financial institutions.


To give you some background information, at the end of the Cold War in 1990 it was recognized by some policy advisers that there was not enough money in circulation to support the recovery of Russia and Eastern Europe to avert a major crisis. At that time, the central bankers refused to print money to avert the impending crisis. Consequently, it was decided to price and allow derivatives to create electronic money. This resulted in the creation of trillions of dollars of new electronic money that was used to help the world avert a crisis and to grow the world’s economy. Read more »

20
Oct

Gold Going To $2,000 An Ounce

Jim Rogers (In 1970, Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the portfolio gained 4200% while the S&P advanced about 47%. It was one of the first truly international funds).

The recent video below shows Mr. Roger’s current views and his outlook for the spot price of gold.

Arizona gold nugget prospecting
29
Jun

Worried About Our Economy … Gold May be the Answer

California Mother lode gold nuggets

California Mother lode gold nuggets

Thinking about investing in gold? Getting in while the spot gold price is still under $1,000 may be a prudent move for part of your capital. Consider this:

Russia and China used to have government managed economies, and they didn’t work. China’s economy took off when its government let captalism take over (even if they don’t call it that). The UK used to be more socialist until it started to go broke, France is nearly broke, which led to a more conservative government ther now.

A good definition of economic intelligence is being able to look at examples in history and not follow paths that have historically led to economic difficulties. By that definition, Obama is unintelligent and stearing us towards the same troubles that always come with such policies.

But I guess that must be OK with the majority of voters. Why don’t we just take ALL of the money that evil rich people earn and don’t need? Why don’t we take ALL the profits of evil capitalist pig companies? Why don’t we replace all CEOs with government bureaucrats? After all, it has worked so well in the past.

Wait! Forget about the past and it’s lessons, lets just forge ahead down Obama’s road to the worker’s paradise. I’m sure it will work THIS time!

Mother lode gold nuggets