Comments on: Ladies and Gentlemen, Here’s the $1,000 Gold! http://www.thesunsfinancialdiary.com/investing/ladies-and-gentlemen-heres-the-1000-gold/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/ladies-and-gentlemen-heres-the-1000-gold/#comment-41372 Sun Tue, 18 Mar 2008 02:38:33 +0000 http://www.thesunsfinancialdiary.com/investing/alternative/ladies-and-gentlemen-heres-the-1000-gold/#comment-41372 ongrowthtrack: I agree that speculation plays a quite large part in gold's rapid price gain. However, I don't think we can just look at what happened in the early 80s and predict that gold will fall as hard as last time. The environment is different now from before. Investors, institutional and individual, are buy gold as a diversifier and to hedge against weakening dollar, and demands for gold remains strong. Sure, when the current financial crisis is over, gold price could pull back, but I don't feel it will enter an extended period of depression. ongrowthtrack: I agree that speculation plays a quite large part in gold’s rapid price gain. However, I don’t think we can just look at what happened in the early 80s and predict that gold will fall as hard as last time. The environment is different now from before. Investors, institutional and individual, are buy gold as a diversifier and to hedge against weakening dollar, and demands for gold remains strong. Sure, when the current
financial crisis is over, gold price could pull back, but I don’t feel it will enter an extended period of depression.

]]> By: ongrowthtrackhttp://www.thesunsfinancialdiary.com/investing/ladies-and-gentlemen-heres-the-1000-gold/#comment-41363 ongrowthtrack Mon, 17 Mar 2008 14:36:29 +0000 http://www.thesunsfinancialdiary.com/investing/alternative/ladies-and-gentlemen-heres-the-1000-gold/#comment-41363 This is going to be short lived, any one can look back at the historic prices and see that for oneself. This is going to be short lived, any one can look back at the historic prices and see that for oneself.

]]> By: wbbgjrhttp://www.thesunsfinancialdiary.com/investing/ladies-and-gentlemen-heres-the-1000-gold/#comment-41346 wbbgjr Sat, 15 Mar 2008 19:36:57 +0000 http://www.thesunsfinancialdiary.com/investing/alternative/ladies-and-gentlemen-heres-the-1000-gold/#comment-41346 With the Federal Reserve attempting to bail-out the banks for their fraudulent behavior the past few years, inflation is going to be unbelievable in the next few years. The price of gold these days is just reflecting everyone realizing that the U.S. government is not interested in protecting the purchasing power of the Dollar.If you guys are concerned about this please sign this petition.http://www.financialpetition.org/petition-new.shtml With the Federal Reserve attempting to bail-out the banks for their fraudulent behavior the past few years, inflation is going to be unbelievable in the next few years. The price of gold these days is just reflecting everyone realizing that the U.S. government is not interested in protecting the purchasing power of the Dollar.

If you guys are concerned about this please sign this petition.

http://www.financialpetition.org/petition-new.shtml

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/ladies-and-gentlemen-heres-the-1000-gold/#comment-41344 Sun Sat, 15 Mar 2008 16:13:12 +0000 http://www.thesunsfinancialdiary.com/investing/alternative/ladies-and-gentlemen-heres-the-1000-gold/#comment-41344 Yes, the commodities like gold, silver, oil, can still go up. Late last month, CALPers, California public employee retirement system, decided to boost its investment in commodities from $450 million last year to $7.5 billion in 2010. That's an increase of 16 folds! Yes, the commodities like gold, silver, oil, can still go up. Late last month, CALPers, California public employee retirement system, decided to boost its investment in commodities from $450 million last year to $7.5 billion in 2010. That’s an increase of 16 folds!

]]> By: Kristinhttp://www.thesunsfinancialdiary.com/investing/ladies-and-gentlemen-heres-the-1000-gold/#comment-41343 Kristin Sat, 15 Mar 2008 15:53:22 +0000 http://www.thesunsfinancialdiary.com/investing/alternative/ladies-and-gentlemen-heres-the-1000-gold/#comment-41343 1000 dollar gold was inevitable - the traders were rooting for it.We are not out of this cycle, yet. More bombs will drop for the market - what is his next prediction? 1000 dollar gold was inevitable – the traders were rooting for it.

We are not out of this cycle, yet. More bombs will drop for the market – what is his next prediction?

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