Pád dolára vynesie zlato k $2500

Zlato v súčasnom období buduje základňu pre ďalší pohyb k úrovni US$2500-$3000/oz. Ani US$5000/oz vraj nie je vylúčených. Zlato je istota pre múdrych a špekulácia pre neznalých.

There is no safe haven in buying the currency or debt of a BANKRUPT nation seeking to borrow ever more. That is a fact that no algorithm can extinguish.

Gold and good precious metal shares are insurance.

Speculators, even bullish speculators, are the enemy of gold as they set themselves up to be used as the means of doing exactly what you see today, getting killed and THEREIN REDUCING PRICE. Leverage is your enemy as the gold banks strike at the weakest part of the gold market to accomplish their ends. Stop speculating in credit against mega money. The gold banks will lose against the cash market alone.

Gold is insurance for the wise and speculation for dumb.

It appears that gold is building a base from which a rally up to $2,500 – $3000 area is very likely. There is even a possible rise to the $5000 level, but that is the most extreme projection. This is suggesting that confidence in the dollar is declining. This is not the classic, “Inflation nonsense, but a collapse in currency value consequence.”

I would add that hyperinflation, a non classic inflation, is always and will be again be the CONSEQUENCE of a CURRENCY EVENT no one understands now or will understand when it happens, which it will.

There are 82 days to go.

I am not the least bit concerned about the price of gold.

Článok:

www.commodityonline.com/news/Dollar-decline-to-catapult-gold-to-$2500-20469-3-1.html

19.08.2009