gold will be dropping big time from here on out, save this post (might have afew spikes) but in 3 months expect it somewhere in the 1400's or lower
From your lips to God's ears!!!
I want it to go down considerably, ...cause when it does, I'll be buying alot more of it.
So will alot of people. The more people who are able to get physical gold in their hands, ...the better off we all are.
The gold manipulators can't surpress the price forever. Eventually they will lose control, ...and when they do, watch out!!! We are going to see a dramatic escalation in price, and re-valuation of gold.
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Market analyst Stewart Thompson argued today that as "quantitative easing" increasingly is recognized to have failed to revive economies, nations will turn to gold revaluation, just as they did during the Great Depression.
"Gold is going higher, much higher," Thompson writes. "It's going higher because government treasury departments are moving away from quantitative easing involving bonds and toward QE involving gold. The gold bears will be destroyed, and everything they made you afraid of will seem ridiculous in hindsight. There will be no currency war, but there will be co-ordinated devaluation of all G20 currencies against gold, just like there was in the 1930s."
Thompson's commentary is headlined "QE and Gold Revaluation"