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Paul Van Eeden of Cranberry Research should be a buyer of gold at the current price of $760.
Paul had stated several weeks ago that his new calculations showed gold should be price at $760 and would be a buyer when gold reached that level.
Well, Paul, congratulations. Gold is where you thought it would be. Of [...]
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This must be a one day, unadvertised, special event!
Gold is selling for $630 per ounce!
How do I know? Well, I checked the price of all of the gold mining shares that I follow, then checked my Kitco KCast and I see that the reason all of the gold mining shares are in the toilet is [...]
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Legendary billionaire George Soros has apparently made the statement that
“The whole world is facing a very serious financial crisis … I call it the most serious crisis of our lifetime [because the whole] financial system is seriously disrupted.”
Just because he is a billionaire doesn’t make George Soros right. And I certainly don’t think too much [...]
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Gold Breaks the $1000 Barrier
Well, it finally happened. Gold broke the $1000 per ounce price barrier intraday, closing above $990 for the first time ever.
Keeping in mind that 7 years ago in 2001 Gold was trading at about $270 per ounce, this is quite a stunning achievement for what was touted then as a “barbarous [...]
Boy, it turns out my posts on Gold in Fort Knox are very popular!
As stated in the previous posts, very few people (and they aren’t talking!) know the truth about whether there is Gold in Fort Knox; and, if there, is it encumbered in such a way as to be the equivalent of not there.
If [...]
Gold prices hit a new record today, topping the psychologically important $900 per ounce, if only briefly. On an inflation adjusted basis, Gold would have to top about $2200 per ounce to be in record territory but that’s another story; or is it?
Since Gold is at a nominal record, but well short of an inflation [...]
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