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Thursday, October 29, 2009

Gold to Rise to $2,000 Amid ‘Massive’ Inflation, Silver to Soar


Oct. 28 (Bloomberg) -- Gold may rise to a record $2,000 an ounce in the next three years as investors hedge against “massive” inflation sparked by governments printing money, according to Superfund Financial Singapore Pte’s Aaron Smith.

“In the next few years, after the deflation cycle, we’ll see massive inflation,” Managing Director Smith, 30, said in an interview. “Soon, when you go to buy a cup of coffee, you’ll pay $20 or $30 because the dollar won’t be worth anything.”
LINK HERE

15 comments:

  1. Generic silver coins can still be had for $17.

    Get some. Get all you can with that extra cash you have sitting in the bankster's den.

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  2. OT: You are to be isolated and paranoid. Snitching on your neighbors to police.

    You can see the MSM media lay out problem-reaction-solutions over and over again to promote tyranny.

    Example is the teen who was raped when other looked on and did nothing.

    Now go to USAtoday online. Should it be illegal for you to witness a crime and not report it? I saw that one coming a mile away. I knew that would be todays headline.

    Once you see how the MSM works via the Elite there is no guessing.

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  3. The reason I KNOW a crash is coming is that the MSM has been told to quarantine anyone as a loon for daring to say the economic tsunami is coming.

    If you say gold will go up to $2000 in 2-3 years that is allowed. If you say the dollar may falter in ten years that is allowed.

    Just don't talk about an implosion coming right around the corner. The sheeple must sleep.

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  4. Wal-Mart starts selling caskets, urns online

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  5. Be part of the 2% of Americans that are smart enough to own silver or gold bullion. It is not too late. Food first of course.

    The door jammer advertised here is a beast. If you have a back door to your home that isn't used much get one. Of course a criminal can eventually get through any door. The criminal I am talking about is your neighbor who will be starving.

    Get a strikemaster plate and the door jammer installed on any door that is out of the way.

    Get a strikemaster plate on every front door.

    This isnt paranoid talk or encouragement to be afraid. Just like gold, it is preparing for turmoil.

    Buy a few sheets of 3/4" plywood and store it away if you can also. Lots of 3" deck screws.

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  6. I responded in an earlier post where I stated that the GDP results would come around 3% of which I was right. I also stated that this would have been a result of the Cash for Clunkers and the $8000 tax credit on homes which again I was right. If you go to CNN Money you will have to read the article until 3/4 of the way down where they state that the GDP would have been a big fat “0” if not for the Govt. hand outs listed above. That's Socialism NOT real growth


    I also stated that the GDP results and the burying of the Capmark collapse would extend the rally beyond Oct thus NO CRASH. Capmark as barely mentioned.

    I also stated that the real collapse would happen after Christmas of which THAT WILL BE YOUR LAST OPPORTUNITY TO BUY GOLD AND SILVER - CHEAP!

    Watch and wait people. Once the market collapses including “commodities” you best be ready to pull the trigger and buy. After that comes the wars, Fascism, and REAL hyperinflation.


    Be prepared for early 2010 and get ready to BUY.

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  7. Is silver going to go back down short term? I'm ready to buy but it just seems like there is a pullback (short term) due.

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  8. I hope so. I am still pissed about missing out on some <$13 coins ten months ago. Up 50% since then. Funny when you think about it though. When it soars it wont matter that much.

    Will a silver ounce coin REALLY be worth $300-$400 in relative pricing terms? Absolutely not. Will it get there? Absolutely yes! Why? Because when the implosive happens there will be astronomical demand and little to no supply.

    Yes indeed. You buy a 500-coin box of silvers now for $8,500.00. In the next two years that box will be worth $150k to $200.00 (at some point, not for long, but at some point.

    I am sure? Yes, I am sure. Other metals have done the same historically and that was without a dollar collapse.

    Happy hunting to all lucky enough to not only survive the fall but who are willing and able to stand tall.

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  9. Wouldnt the gov. just barge in, then take your gold ect...?

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  10. Unlikely. What is your other option? Leave money/resources in a bank? Leave your well being with the thieves?

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  11. There has to be a final short term contraction to finish off the people and for the Powers that be to obtain controll.

    Do I like that idea?

    HELL NO!

    I'm just telling the truth. So in the meantime wait for the retraction and BUY BUY BUY.

    It will come.

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  12. OK 2:18. If you are right the Daffy Duck in me is going to go ape HAHAHA. That includes a good ol' chargaroooniii on all my credit cards as a going away FU.

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  13. 2:04 PM, buy a shovel, bury it near or underneath something metal. Sorted.

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  14. Yes indeed! When it happens I would absolutely charge up my credit cards and Buy Silver. Screw the banks! They lent you money that didn't exist via fractional reserve banking anyways.

    Who needs a credit score these days anyways its not as if any lending is going on.

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  15. That is a hard way of thinking for those of us who have faithfully guarded our credit all our lives. I have never stiffed a creditor or been late on a payment in my entire life.

    I am sure the banks just love stooges like me.

    You are correct of course. If your credit was destroyed who cares. I know people that have disastrous credit but function just fine. It would even be easier with lots of PMs and commodities also.

    It would be nice to live and die not being a banker's bitch.

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Everyone is encouraged to participate with civilized comments.