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Financial & Economic Predictions 2012-2013
December 29, 2011
Tags: 2012, 2013, economic, financial, gold, metals, precious predictions, silver
Expect more volatility in all markets during 2012.
Be very careful with taking out any debt.
Precious metals will be the investment of the year.
Stock markets to fall by end of the year.
Gold Panic - time to buy or sell?
December 24, 2011
Tags: buy, gold, panic, price, sell
With the price of gold steadily dropping since its peak in September, we’re seeing pessimism and panic in the market. Try not to be swayed by short-term events and realise that in the long run the price of gold will rise. This is because money printing is the most likely solution the leaders will choose to solve the European banking crisis and there’s a good chance we’ll see QE3 in the US during 2012. The more money they print, the less valuable the currency becomes which is positive for gold.
Gold Price Down - Wonderful Buying Opportunity
December 15, 2011
Tags: crisis economic, gold, higher, price, silver,
As I write, gold is at USD$1572 an ounce and silver is at $28.13 an ounce and many are getting very jittery and selling their precious metals. This is normal, especially for those who have bought recently at around $1800 – 1900 an ounce. However, remember I have said all along that we were going to see massive volatility. This is to be expected, but fundamentals haven’t changed. Our global economic system is based wholly on debt and the value of fiat currencies is gradually eroding as QE continues and while banks are “too big to fail.”
Is Gold Confiscation on the Cards?
October 03, 2011
Tags: Austria, Banks confiscation, France, gold,
France Bans Cash Sales of Gold/Silver over €450 / USD$600
A couple of weeks ago some Austrian banks began to restrict the sale of gold and silver to €15,000 (USD$20,000 USD) reportedly because of money laundering issues. Governments are starting to make it more difficult for individuals to buy gold anonymously.
Based on the French government’s official website, as of September 1, 2011, anyone attempting to buy or sell ferrous or non-ferrous metals, which includes gold and silver, will be required to pay for their purchase via a credit card or bank wire transfer if it exceeds €450 (USD$600).
Gold and Silver – Going Up – Time to Buy More?
September 23, 2011
Tags: crisis economic, gold, higher, price, silver,
With gold futures reaching over $1926 an ounce last week and $2000 gold looking like a hop skip and a jump away, with no sign of major world economies picking up anytime soon, the writing is on the wall: Gold and Silver very likely will go up exponentially in price.
Gold Going Higher and Higher
August 21, 2011
Tags: crisis economic, gold, higher, price, silver,
As fears mount that global markets are no longer safe, investors are turning to gold as insurance in case the economy collapses, and as an investment. Stock markets are extremely volatile as we’ve seen over the past few weeks, unemployment is rising, prices of food and essentials are going up, and gold is the one safe haven in the midst of all this turmoil. This week, the price of gold went as high as $1881 per ounce which marks a 7% increase in this week alone and a 25% increase since July of this year.
World and Economic Predictions 2011-2012
August 11, 2011
On December 31st 2008, when gold was trading at USD$850.00 I predicted it would go to over USD$1400.00. At the end of 2010, gold is now trading at USD$1420.00.
At the end of 2008, when silver was trading at just USD$11.00, I predicted it would go over USD$30.00. At the end of 2010, silver is now trading at USD$30.89.
Had you invested in gold you would have made a profit of 65% and with silver you would have made a profit of 153%.
Let me give you my predictions for gold and silver for 2011:
WikiLeaks - does it affect you?
December 17, 2010
In November 2008 I predicted that we would see greater transparency in our governments, banks, corporations and that information and secrets that had been withheld would be revealed. And just two years later, that prediction has come true. Just look at Wikileaks that has come along and threatened the security of many countries as they reveal information about businesses and governments around the world. And they have only just got started…
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