Categories

Login Status

You are not logged in.

Polls

Is Facebook overvalued at $40/share?

View Results

Loading ... Loading ...

Calendar

July 2017
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

Gold on fire while dollar slaughtered

                Gold is continuing to climb higher every day and the dollar starts to loss its battle as being the only reserve currency of the world.  As high as gold is, it can easily double or triple from here within the next year if China demand for the metal steps up.  If you took 1% of Chinas dollar reserve and bought gold, you would see gold jump to 2,000 and remain there.

                What will happen to the dollar is still an uncertainty.  No doubt, the bankers want to devaluate the dollar by 20 to 40% to maintain global economic stability.  The problem however is how do you slowly devalue the dollar by that much without causing everyone to run to the doors at the same time.

This content is restricted to site members. If you are an existing user, please login. New users may register below.

Existing Users Log In
 Remember Me  
New User Registration
*Required field

Comments are closed.