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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (98796)3/14/2008 4:27:13 PM
From: polarisnh  Read Replies (1) | Respond to of 116857
 
long-gone,

When I hear that the derivative problem is something like 550 trillion dollars and then compare that to the size of the U.S. economy of $15 trillion dollars and then realize that this is only one of many currency issues that the U.S. faces I come to the conclusion that gold, silver, and other precious metals could raise to a factor that is 10 to 50 times current pricing and not be 'over valued'. Hang on for the ride because it is going to get ugly out there.

Cheers,

Steve