Really, do you think gold would go over $1,300 if everything was fine? $1,300 gold does not signal that a financial system is firing on all cylinders. I believe $1,300 gold is a symptom of a currency and financial system under great stress — and if you think the system is crumbling now, wait till you see the stress when gold hits $2,500!
And that price is coming, as is $50 silver.
Owning Gold and Silver Is a Revolutionary Act — Declare YOUR Financial Independence Day
I'm sick to death of the criminal hijinx on Wall Street and in Washington. It's time to stop bitching and start a revolution! Here's the best part: All you have to do is buy gold and silver. I'll think you'll want to buy select gold and silver stocks, too.
My name is Sean Brodrick. I'm a natural resources analyst for Weiss Research. And I'm riled up! I'm sick of how the politicians of both parties play us for chumps.
Heck, they're really just two faces of the big money party — the party of corporate socialism. They're picking your pocket with one hand and throwing TRILLIONS of dollars at their fat-cat campaign contributors with the other. And the sum of their combined actions is to make the dollars in your pocket worth less and less.
Guess what currency the elites and the richest people in America own for the long term? Definitely not the greenback.
The monied interests are disparaging gold in public while accumulating it privately. For example, in public, billionaire financier George Soros recently echoed investment guru Warren Buffett when he called gold the "ultimate bubble."
And yet, at the recent Reuters Global Private Banking, UBS executive Josef Stadler who runs the Swiss bank's services for clients with assets of at least $50 million to invest, told the conference that the world's wealthiest people have responded to economic worries by buying gold by the bar — sometimes by the ton!
"We had a clear example of a couple buying over a ton of gold ... and carrying it to another place," Stadler told the conference.More Here..
Here's Why Gold Could Shoot To $8250