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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (2196)11/22/2005 9:47:42 PM
From: jennifersilversun  Read Replies (2) | Respond to of 78407
 
I used to subscribe to Turk's newsletter. $500/oz gold was always just around the corner, and he declared a bottom in mining stocks somewhere around March 2005--shortly before it plunged. He's also been declaring the imminent collapse of the dollar, and utterly failed to anticipate the multi month rally in the greenback. Bob Hoye, Chip Hanlon, and Marc Faber were the only analysts I came across who accurately called the dollar's rally, whether you call it a bear market rally or respond to the interest rate differential.

So what does he say that makes his prediction of 7k/oz gold so possible. I mean, hey, I'd be happy to see it, as a goldmoney customer--whatever Turk's failings as a prognosticator, goldmoney seems to me a safe, quality product.

jennifer



To: TrueScouse who wrote (2196)11/23/2005 9:46:12 AM
From: E. Charters  Read Replies (1) | Respond to of 78407
 
Twenty thousand dollar gold. Million dollar platinum and 200 dollars a litre for gasoline. A single hard candy will be ten dollars, breath mints will be five dollars. A glass of water in a restaurant will be 2 dollars. A coffee twenty.

We will all be living in cardboard boxes at the edge of town snaring rabbits for breakfast.

Except for those who invested in gold. They will be driving Duesenbergs, lighting 1000 dollar cigars with 500 dollar bills and drinking Mums at 1000 dollars a glass.

It's coming. Today at $489, the chump change level. Designed to make you have fiath in the US medium of rip-off. (The US dollar is biggest flim flam show foisted on trading nations since the Dutch tulip. Trillions printed and no inflation. Go figure.)

EC<:-}