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Citigroup Sees Gold at $3,500/oz; Silver Jumping to $100/oz
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<blockquote data-quote="GoldCompany" data-source="post: 27573" data-attributes="member: 303"><p>The Gold market is heavily manipulated by the banks. Might be why there is a reluctance to commit to a dollar value target for gold. </p><p></p><p>One thing we can count on is eventually the currency war will collapse all of the FIAT currencies, At which time FIAT currencies will return to their actual value ---- <strong>Nil.</strong></p><p></p><p>This unfortunately will leave very few investments left unaffected. Hard assets like farms and mines excluded.</p><p></p><p>I personally believe that in the short term ( 12 months ) we will see the USD drop to a level of $2000.00 to the gold ounce. <strong>I base this purely on the debt.</strong></p><p></p><p>But at the end of the day we must remember Gold is not an investment, It pays no dividend it doesn't increase in value. It is purely a store of transportable wealth. <strong>Real money!</strong></p><p></p><p>If you have <strong>10%</strong> of your wealth in precious metals now, in the future it will account for <strong>90%</strong> of you total wealth.</p><p></p><p>We can't count on luck ! ------- But we can Buy Gold ! <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin :D" loading="lazy" data-shortname=":D" /></p><p></p><p>PS: added a link to watch.</p><p></p><p>[video=480,360]<a href="http://www.youtube.com/watch?v=M-2eJQqXm7s" target="_blank">http://www.youtube.com/watch?v=M-2eJQqXm7s</a>[/video]</p></blockquote><p></p>
[QUOTE="GoldCompany, post: 27573, member: 303"] The Gold market is heavily manipulated by the banks. Might be why there is a reluctance to commit to a dollar value target for gold. One thing we can count on is eventually the currency war will collapse all of the FIAT currencies, At which time FIAT currencies will return to their actual value ---- [b]Nil.[/b] This unfortunately will leave very few investments left unaffected. Hard assets like farms and mines excluded. I personally believe that in the short term ( 12 months ) we will see the USD drop to a level of $2000.00 to the gold ounce. [b]I base this purely on the debt.[/b] But at the end of the day we must remember Gold is not an investment, It pays no dividend it doesn't increase in value. It is purely a store of transportable wealth. [b]Real money![/b] If you have [b]10%[/b] of your wealth in precious metals now, in the future it will account for [b]90%[/b] of you total wealth. We can't count on luck ! ------- But we can Buy Gold ! :D PS: added a link to watch. [video=480,360][url]http://www.youtube.com/watch?v=M-2eJQqXm7s[/url][/video] [/QUOTE]
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Citigroup Sees Gold at $3,500/oz; Silver Jumping to $100/oz
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