In the whole month of August people have been on holidays and some have come back but are still in the holiday mood. A lot of them have been asleep during summer and completely cut themselves off from news and all the important events that have occurred during the holidays.
If you are one of them, you should know that knowing what important events have happened, you will be able to stay ahead of the future trends. There are several little stories that are actually of major significance.
One of the important news recently is that China just overtook Japan becoming the world’s second largest economy. They also have announced that they are not going to buy as many US bonds and treasuries as they were before they became the second largest economy. This will have an impact on the gold price.
Gerald Celente urges us in the video that I will link to below to keep an eye on the gold price. What he is saying is that if gold continues to stay over the US$1,230 mark, then heads toward US$1,250 and then breaks out above US$1,260 then it is time to expect gold price to reach US$1,300.
Watch the whole video here: Watching Gold in the Summer Heat.
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August 30th, 2010
Elisheva Wiriaatmadja
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I get very concerned with I hear catch phrases like the “international banking conspiracy”, “international bankers”, “the world banking cartel”, etc. and when you throw the Rothschild name in there it has become in the past and as well today a battle cry for anti-Semitism. This is what Hitler used as his justification for the Holocaust. To be sure there are some very prominent Jewish bankers like Greenspan, Bernanke, Summers, Geithner and the Rothschild family has been a blight on the world since the 18th century. BUT they represent only a very small fraction of Jews and there are way more Gentile bankers in this world than Jewish ones. But the Jewish ones get more noticed. What about the Rockefeller family and their viperous grip on the US Government, banking and oil cartel? There are way more examples of domination by Gentiles as than by Jews but in either event they both don’t represent their entire race of people.
Most Jews are like everyone else. Just trying to make a living in this very crazy world. So be mindful of the verbiage please
[...] a little over a week ago I blogged about what Gerald Celente previously spoke about: gold price surging beyond $1,260 an ounce. Celente predicted that gold will hit the US$1,500 mark by the end of this year and it is not [...]