Archive for August, 2008

30 Years US$ Index

Leave a Comment

Monthly Gold, 1970 to date

Non-Adjusted:

Inflation Adjusted:

Leave a Comment

Silver Will Not Spike To $50

Ok, so Silver will not Spike to $50. In fact today it just crashed from $15 to $12, a big 20% drop in just 12 hours of time frame. And here is why it will not spike to $50:

http://www.themoneyblogs.com/CT/my.blog/silver-will-not-spike-to-50.html

Because it will roar past $300, yes, $300. After all, $300 is just about the M3 adjusted price of $50 in 1980.

Leave a Comment

History shows otherwise

Smart investors and asset managers will seek refuge in the only truly global and debt-free currency: Gold. Investors are gradually waking up to the fact that all currencies are backed only by the issuing government’s ability to tax its own citizens – and by unsubstantiated confidence that they won’t fail. History shows otherwise.
http://www.minyanville.com/articles/gold-metals-silver-currency/index/a/18493

Leave a Comment

Monthly Gold from 1970s

Rest assured that the bull market is intact (www.jsmineset.com):6440_charts_for_8-11-2008_log_chart_of_gold_monthly

Pickup @ low of this correction and the next wave is yours to ride!

Leave a Comment

The C Wave in the making

First look back at history, Gold 1967-1973

1972-1979, pay attention to the 45% pull back from 1975-1976 (18 month), after soaring from $35 to $200 in about 5 years (compare with current move of $250 to $1000)

After that we all know what happened, gold soared to $850 from there.

So are we expecting a pull back to the $700 area before it challenges $2500?

http://www.gold-eagle.com/editorials_08/rosen081108.html

Leave a Comment

Auto Industry Default Risk Soars to 95% on GM, Ford

Leave a Comment

Older Posts »