10 Predictions for 2010: Gold, Dollar, Stocks

[DocWog]

Demand and supply is an economic model of price determination in a market.

Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.

[yahoopl3]

stay away from gold...silver is the better buy

[joserm]

FAIL.



[gtq838]

gold is a horible investment.

[SeeEverythingisEasy]

How about an economic stimulus plan that will pay off the national/world deficit and employ millions of people? Would you want to know what it is? Well the government doesn’t care so why should we. Lets all take our money out of the bank and let the banks CRASH!!! But as soon as we do lets put in in gold because that’s what will sky rocket. Then we’ll all be rich. :)

[mechanicalengineer3]

2011/2012 will be the most interesting years of this decade.

[vjacq88]

midasresources. com

[HomerDBraver]

There's just one question I have concerning the sales of gold:Why are the dealers of gold so eager and willing to trade their 'gold of eternal value' for my 'soon to be worthless money'??

[mikejadoti]

@HomerDBraver Because their business is the buying and selling of gold, buy low, sell high. The fact that it's gold is practically irrelevant, they buy [product] low, and sell [product] high. What they do with their investment money is what you should be asking.

[danadlt1]

Excellent and insightful predictions, thanks for sharing.

[RoySC1]

Very good video. I agree with just about all of your predictions.

[OghamTheBold]

It is just spam by YouTube definition - as in 'Flag as inappropriate' - 'Spam' - 'Mass advertising'

Gold is an investment - I agree - 'cash' is handed over

Gold is not safe - do you offer a guarantee of safety, backed by cash, or offer to make good any losses in gold - nobody offers one (wonder why)

Similarly gold is not an insurance policy

Gold may shoot up 10 fold - like rocketing 'house' prices - does gold always only go up

The gold market, like any market, can be manipulated

[OghamTheBold]

I can't help viewing all gold related videos as - gold spam

All of these kind people recommending gold

Is recommending gold some kind of hobby thing - like stamp collecting?

Some even recommend other semi-sensible things - but just cloaks the - gold sell

[goldstockbull]

@OghamTheBold How is it spam if you came to my video page? Gold is an investment, safe haven and insurance policy. It has quadrupled in price over the past 9 years in case you didn't notice. Try that with your stamp collection. In all seriousness, it is effective at protecting your wealth from the theft of inflation or manipulation of the stock market, so you might want to reconsider.

[areyouready22]

@OghamTheBold Gold is REAL money. When God created mankind He new back then that people would need money in order to barter for goods. He didn't invent a printing press, He created precious metals for that exact purpose. (read Genesis chapter 2) It was man who later realized they could take advantage of people with replacing the real money God created with fiat currencies that could be printed on paper.

[stealthjdm]

@OghamTheBold You're an idiot. But there is hope. Watch the movie FIAT EMPIRE on google. BTW sell me you're gold at a premium.

[equsnarnd]

Get rid of scarcity. Brilliant idea. Just how do you propose to do that?

[videocruzer]

secret in silver is called the golden drink from silver.

secret in gold come sout when you hit it with 100,000 volts or more. it turns into and element called mono atomic white gold powder. rediscovered in the 90's this super conductive element heals the DNA.

[goldstockbull]

Ormes. I take it. 

[videocruzer]

the real secret in gold comes out when you hit it with 100,000 volts or more. the yellow metal turns into something called Mono atomic white gold powder. this white powder heals the DNA.

[TYX91101]

The longer a trend has been in force, the less likely it is to continue.

[Casmige]

=OoO=

King James Bible Ezekiel 7:19

"They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumbling-block of their iniquity".

[dannydarias1]

My god some freaking sense on Youtube. I am actually finding some useful and sense making videos. I agree with you, credit is a much larger part of the money supply that the hyperinflationists. Why do they want hyperinflation? Get this, gold will shoot to the moon.. NOTTTTTTTTTTTTTTTTT. Gold is not an inflation hedge, it's a geopolitical hedge. So even if we get hyperinflation, don't wait for gold prices to go higher.

[Hellserch]

I wouldn't worry about predictions but the underlying conditions which will lead to everyone wanting to own bullion metals.Nominal amounts matter when you consider purchasing power but our problems are a little bit deeper than that.

[armbenderone]

no he said it would go over 1200 in 09 and it did for a short time and then pulled back 100 bucks or so. anyway here we are in may of 2010 and gold is holding hard at around 1240 he also said in 09 over the next 5 years it would go to 5000 so on that one will have to wait and see..

[morninggloryjen]

Yes to Gold and Silver

[armbenderone]

i heard peter schiff say gold would probley hit 1200 by the end of 09 and it did.now it did drop back some but im thinking he did pretty good. i also did hear him a few time saying gold would hit 5000 around the end of 2011 and upwards to 2013..

[altjff15]

reason why america got fucked up is because of importing garbage products from china and stupid consumers buying it. This is because capitalism has no boundaries and will exploit people everywhere for profit. Government assholes are all paid off by corporations to help them do it too. Ultimately, its not any particular system that failed, the bottom line is people are shit.

[nate6474]

i have a lot of silver bars man i will be rich bitch

[scottyf73]

thanks for the perspective...

good graphs & a well structured & informative post...!

keep up the good work !

if anybody out there doesn't agree with this persons perspective then go out & represent your own ideas.

its easy to critique, and much more challenging to Create.

peace to all, mankind & the earth.

[abcNYnews]

Check Out This Video

2010 FIFA WORLD CUP SOUTH AFRICA

AIDS WAVES

[DillonX]

Oh - NO!

Peter Schiff said gold would likely go over $2000 per oz before the end of 2009 & might even be over $5000 per oz. Of course it didn't make that.

And now you say it won't even make that in 2010.

I'm starting to see that Schiff is nothing more than a snake-oil salesman.

[goldstockbull]

My estimate of $1,500 is assuming no major bank run, currency crisis, comex default or similar event. If one of these things occur and a panic ensues, precious metals could easily hit $2,000.

[dannydarias1]

@goldstockbull This sounds reasonable and achievable. I get a bit concerned when I hear people calling 100,000 gold.

[BUILDINGWITHBULLION]

@goldstockbull Wow, good predictions. 2 days before the end of the year and Gold is  $1412 per OZ today.

Silver almost at $31. You got my subscription..

[armbenderone]

@DillonX no he said it would go over 1200 in 09 and it did for a short time and then pulled back 100 bucks or so. anyway here we are in may of 2010 and gold is holding hard at around 1240 he also said in 09 over the next 5 years it would go to 5000 so on that one will have to wait and see..

[areyouready22]

@DillonX When people make predictions based on knowledge and wisdom, that doesn't mean that if it isn't exactly like they predicted that they are frauds. Go back 7 to 8 years and you'll see that Peter's Schiff's predictions are mostly right on even if one or two are somewhat delayed. He doesn't have a crystal ball dude. But you can keep trusting in the system and the liars that are depreciating what paper money you might have in the bank. It's your funeral.

[jakethefreak1]

its moving :D ive bought ...even now

[Exposethefrauds]

Good video. Just totally disagree with the end when you say how you can have a better society with no profit motive. All new technologies, jobs, etc, are creating because a person had a vision to create. That vision comes from wanting money and wealth. Take away that incentive and society destructs into chaos with every man for himself. We dont need to take away profit, we need to take away people who steal the profit ie socialism. It must be rendered illegal.

[goldstockbull]

I respect your difference of opinion, but the facts are not really on your side. Most of the world's greatest innovation came from brilliant minds that loved their work and wanted to contribute to society, not from those seeking profit, fame or material wealth. Society is already "every man for himself" under the current profit-based system. I believe that getting rid of money (scarcity) and the profit motive help to cure this condition. With abundance, everyone could live a better life.

[stuffandmisc]

@goldstockbull yea from my knowledge all advances were purely from wanting to do it. Money has always been in the way of making new things because people get lazy very fast when they don't need more. so no money and need is best. getting the money kills it if it is sudden and you didn't have any. If you are used to it then who knows maybe less of an affect.

[FilmsForward]

Wanting money and wealth equates to every man for himself so capitalism also fails on that level!

[HaleFire7]

God you are a fool.

[stuffandmisc]

@FilmsForward The true basis of economy in the US is actually called free market which is not the same as the real modern meaning of capitalism. it's emphasis is work and the need for it and to make sure things happen on a small scale because the emphasis is on the home and local affairs. Modern capitalism definition is based on big business which is a perversion and the legal system destroying laws and making those business and supporting them for stupid things. It's not real Capitalism.

[stuffandmisc]

@stuffandmisc It's a true mislabeling of something. It's really the reality of corrupt government being called capitalism and nothing ore. So yea that capitalism is evil. But real capitalism isn't. It's a practical deep emphasis on moral realities nobody gets anymore.

[davenetdog]

PROFIT = FREEDOM

PROFIT = JOBS

Learn it, live it, love it!

Profit save America time and time again and will in the future!

[goldstockbull]

PROFIT = CORRUPTION PROFIT = DESTRUCTION OF THE PLANET PROFIT = WAR PROFIT = SCARCITY PROFIT = PLANNED OBSOLESCENCE PROFIT = SLAVERY PROFIT = Massive gap in wealth distribution = crime = 1 guys with yachts and another starving = civil unrest = immoral behavior = disease = starvation = war Creative/leisure time = Freedom Love = Freedom Friendship = Freedom Travel = Freedom Profit and corruption kill America. Band-aid smoke and mirrors only prolong and exacerbate inevitable.

[davenetdog]

Think about it. Work without profit is SLAVERY!

I'll take my profits and invest in others working and enjoy my FREEDOM to do it, thank you. You can take all the rest.

[goldstockbull]

Your "profits" are a mirage and material wealth is not FREEDOM. Having the choice to do what you want with your time is FREEDOM. Yet this system gives people too few hours of free time.

It is a radical shift in thinking, but a better world without slaving away for paper profits is possible. Plus, the profit motive really does bring out the worst in mankind. War, pollution, exploitation, etc.

With respect for your difference of opinion,

Jason

[HughHue]

DEMOLITION OF U.S. DOLLAR IMMINENT

[goldstockbull]

Working a job that doesn't make you happy or allow you to express yourself creatively and that doesn't help you progress as a person or contribute to the progression of society is SLAVERY. This is the majority of the workforce in our profit-based economy.

Working in a system that rewards the bankers and their friends for nothing is slavery. Did you know around 1/3 of your labor every day goes directly to the pay the interest on the debt, which goes to the Federal Reserve. This is slavery.

[goldstockbull]

Imminent? I'd say inevitable, but not quite yet. Start of 2011 at the earliest, in my opinion.

[scgoquj86]

Good intel...

[tickyul]

Look for a massive explosion in the speculative asset bubble. Also look for a major correction in the stock market. These two things will be a major contributor to the USA going back into recession.

[HumanAccount]

I have heard all this shit a thousand times...its good information but its nothing new at all..

[davincij15]

Hey good luck with your deflation, you must have your butler do your shopping so you don't see prices rising and reduced package sizes.

[goldstockbull]

There will be higher prices in some products and lower prices in others. It is not all one way or another.

In terms of the total money supply, we will see Deflation or a continued contraction in the broad measure. This will eventually turn into inflation or hyperinflation, but not as soon as many think.

[davincij15]

The US Gov has to roll over $2 Trillion in debt and add $1.5 trillion at the minimum that's a total of $3.5 in the next 10 months with falling revenue. Lets see that magic trick.

I will be impressed with the powers that be manage to pull that off with no inflation and no default and zero interest rates. America has $500 billion in questionable strategic reserves (currency, gold, oil, food etc) if they have a currency devaluation of 50% it's still not enough to cover next years deficit.

[Mr420Anthony]

yea i know what your saying,i used to be able to get a bag of sal n viniger chips for like 99 cents, now its like a buck 29,and they only fill the bag half way...

[ewffaces7]

good video.

I think people will become conspiracy nuts in 2010.

I think there will be more awareness of the importance of gold ownership, much more than in Europe. So that's good !

The chinese don't watch youtube videos, so they miss the bulk of the knowledge explosion of this day and age.

The entertainment industry will collapse

Don't prop up the prices of wheat, investing in agro commodities. People NEED food, so you don't want to make it more expensive

[goldstockbull]

I am investing in the companies that make organic fertilizers and farming equipment and technology. This allows farmers to increase the efficiency and effectiveness of their farming practices. It does not serve to make food more expensive.

Invest in the ETF MOO, not DBA or futures.

[SilverDude7890]

Great job. I agree with some points, but I don't agree with everything, but I see your points. Once again, good job.

[1stGenGamers]

Good job man! I completely agree