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Financial Predictions for 2012-2013

Saturday, December 31, 2011

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Financial Predictions for 2012-2013

Gold - time to buy or time to sell

Saturday, December 24, 2011

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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 Going Higher and Higher

Sunday, August 21, 2011

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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.

Gold Going Parabolic

Saturday, August 20, 2011

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Three momentous events occurred this week that deeply affect the global economy and Gold Reaches New Highs...

The United States has lost its sterling credit rating of AAA for the first time since it was granted in 1917. And there is even a chance of a further downgrade within the next six months to two years.
The Dow Jones industrial average fell 699 points this week, the biggest weekly point drop since October 2008.
Gold soared to a new high of $1666 per ounce and is now nearing $1700.... what can you do to prepare?

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