Just wondering if this is a price bubble, or
something far more bigger? Wonder when
it may level off.
-------------------------------------
Precious Metals
GOLD 100 OZ FUTR (USD/t oz.) 1213.600
SILVER FUTURE (USD/t oz.) 19.215
..
Maybe it's the paper (fiat) money bubble of the last century that's
ending.
oly
Gold will hit $1500 by February of next year, silver will probably see $25 by
that time.
Because of the current administration's penchant for spending money like a
drunken sailor and the concomitant runaway printing of currency, the upside
potential for gold and silver looks particularly rosy to this old geezer.
In the words of the immortal Al Jolson, "You ain't seen nothin' yet!"
Wait a minute! My cousin's a drunken sailor and I resent you comparing him
with the current administration.
You know....
If the present President DOUBLES the National debt, basically HALVES
the Dow, SCUTTLES US manufacturing, oversees one of the largest
MELTDOWNS of the Financial institutions, CREATED wars of questionable
virtue, and is complacent with the DESTRUCTION of the middle class,
he would only come in tied with
the last guy.
--
dw
You know....
----------------------------------------------------------------------------
Agreed, Dubya was a fiscal disaster.
That doesn't excuse Obama from his own brand of idiocy.
Can't argue against that. :-)
--
dw