10 Predictions for 2010: Gold, Dollar, Stocks
Uploader Comments (goldstockbull)
All Comments (71)
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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.
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stay away from gold...silver is the better buy
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FAIL.
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@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..
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its moving :D ive bought ...even now
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@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.
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gold is a horible investment.
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
OghamTheBold 1 year ago
@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.
goldstockbull 1 year ago 3
Ormes. I take it.
goldstockbull 1 year ago
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.
DillonX 2 years ago
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.
goldstockbull 2 years ago
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.
Exposethefrauds 2 years ago 5
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.
goldstockbull 2 years ago 4