Printable View
So far "SocGen sees gold prices averaging $1,300 an ounce in the third quarter, rising to $1,350 in the last three months of the year. It expects silver to average $21 an ounce and $22 an ounce in the same periods." Socgen is the winner in the prediction game.
Ore resources and deposits are almost near depletion due to over-harvesting -- including gold and silver.
Lisa Rodgers
Email: lrodgers@goldbuyersofusa.com
Website: www.goldbuyersofusa.com
As seen on TeeVee?Quote:
Originally Posted by lrodgers
I have one pic for you.
http://t3.gstatic.com/images?q=tbn:A...xQKpxntOeTadRY
Sorry, I'm new to this. Why do you think that is Spam? I used to invest in junior mining companies but it's too high risk for me anymore due to said depletion. That is part of the reason prices are going up, and will continue to go up for the foreseeable future.
Lisa
BARCLAYS CAPITAL (JUNE 11)
...
* In the full year 2010, the bank sees gold at $1,166 an ounce, silver at $17.80, platinum at $1,643 and palladium at $470. Next year it sees the metals at $1,010, $14.30, $1,660 and $480 an ounce respectively.
...
Average price so far in 2011 is $32.60. So they're currently off by 128%, and losing ground every day.
They must've been hoping in one hand and sh.....well, you know what they were doing in the other one. lol
http://content.edgar-online.com/edga...A2B8271258.GIF
The monetary base (also base money, money base, M0, high-powered money, reserve money, or, in the UK, narrow money) is a term relating to the money supply, the amount of money in the economy. The monetary base is highly liquid money that consists of coins, paper money (both as bank vault cash and as currency circulating in the public), and commercial banks' reserves with the central bank. Base money can be described as the most acceptable (or liquid) form of final payment.
that's from wiki. it's a good example of how insane the monetary system is, the fact that definitions of money are so abstruse; a result i think of the fact that most of the "money" doesn't actually exist. i read somewhere recently that commercial banks globally are at something like 20 times leverage on average, so something like 95% of the "money" is in the form of electrons. truly, a masterfully played con game, to get the whole world to believe something so ethereal.
This is it kiddies!
http://kingworldnews.com/kingworldne...C000_Gold.html
Quote:
Originally Posted by ronTsilver
Sinclair is a Precious Metals Expert. He's wrong only 99% of the time. He's an industry legend!
Quote:
Originally Posted by ronTsilver
Frightening idea tbh.
May everyone guide their boats to the deepest of waters.... As usual. :P