GOLD SHORTAGE?
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Uploader Comments (tis2fine)
All Comments (12)
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Well its 2011 and Silver & Gold is still going up....
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This guy is so full of it! He says our money is safe in banks. He's a total liar and fraud.
3 years ago 2
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Ali Velsi is the most annoying man on TV. ETF's is not safe, stick with the real stuff.
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INFLATION = Gold and Silver way up. Silver today at 11.50 1-2-09. GOOOOOOOOO Silver next stop 14.50. Next stop 21.00 between 20.00 and 30.00 by June 2009. My conservative prediction.
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not a chance, I like Constitutional money!
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If you can't buy the physical metal, there's a Canadain Fund company that trades like a stock (CEF or CEF.A). They actual hold 90% of the actual physical metal (Gold and Silver). Time to buy at these basement prices and take advantage of it. Don't buy any ETF type stock (i.e SLV.ETF, GLD, etc). Either own the real McKoy or buy CEF.
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The paper market (COMEX) and the real physical shortage of Gold and Silver are so out of wack. People are starting to take actual phyiscal delivery of their future contracts from COMEX that they will not have enough Gold or Silver to meet the DEC/08 demand. Once this happens, then the paper gold price will be wiped out and the pysical metal price will take over. And when that does, watch the prices of Gold and Silver skyrocket.
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Why are you surprised that printing money out of thin air would come to an end??
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haha, gold and t-bills, polar opposites! One will still have value a year from now, I'll let you figure out which one :)
corvettedude346 3 years ago 2
Hope your not betting on paper & ink!
tis2fine 3 years ago
good luck finding gold COINS OR BARS....Most gold I have found has a 10-15% PREMIUM OVER SPOT..WHO IS BUYING ALL THIS GOLD AND STILL HOLDING THE MARKET PRICES DOWN NEAR 800 BUCKS/OZ WHAT EVER HAPPENED TO SUPPLY AND DEMAND
aceyorba 3 years ago 2
Yes you are correct. "good luck", The supply & demand is getting crushed byt the PTB trying to force everyone & everything back into the credit market.
tis2fine 3 years ago
Listen to what Leeb says that the 700 billion is not enough! It may need to be six or seven times that amount, that breaks out to 4.2 trillion. He states "that it can be solved by money, (printing more of it) this is unbelievable. We can not Print our way out of this. Hyper Inflation looms on the horizon.
tis2fine 3 years ago