Why Is GOLD Still Rising Through $1,300?

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Why Is GOLD Still Rising Through $1,300?

Postby Country » Tue Sep 28, 2010 8:18 pm

"The days of monetary stress have arrived.

From now on gold’s evolution will be the most vigorous of its several stages of development. We are on the edge of a whole new way of looking at gold and its relevance in the global economy. "


http://news.goldseek.com/GoldForecaster/1285722000.php
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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Re: Why Is GOLD Still Rising Through $1,300?

Postby Nickelmeister » Tue Sep 28, 2010 8:56 pm

The real answer can be found here:

http://www.fofoa.blogspot.com/
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Re: Why Is GOLD Still Rising Through $1,300?

Postby Market Harmony » Tue Sep 28, 2010 11:01 pm

Nickelmeister wrote:The real answer can be found here:

http://www.fofoa.blogspot.com/


Interesting read. If I understand him correctly, he concludes the long diatribe by saying that the paper market gold price and the physical gold price will completely disconnect very soon. But what I missed is why he makes this prediction now at this time. Why not $1400 gold, or $1500, or $5000?
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Re: Why Is GOLD Still Rising Through $1,300?

Postby Nickelmeister » Tue Sep 28, 2010 11:16 pm

Market Harmony wrote:
Nickelmeister wrote:The real answer can be found here:

http://www.fofoa.blogspot.com/


Interesting read. If I understand him correctly, he concludes the long diatribe by saying that the paper market gold price and the physical gold price will completely disconnect very soon. But what I missed is why he makes this prediction now at this time. Why not $1400 gold, or $1500, or $5000?



FOFOA and his predecessors (Another and FOA) have been discussing gold for over a decade. If you have the time, read the backlog of hundreds and hundreds of posts and threads. This gang is very cautious about not predicting specific timeframes, just general trends in the current monetary system that should come to pass over time. It is an extremely interesting blog with some very high-level philosophical and ecomonic discussions, especially in the comments sections.
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Re: Why Is GOLD Still Rising Through $1,300?

Postby blackrabbit » Tue Sep 28, 2010 11:24 pm

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered....The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-Thomas Jefferson
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