(MoneyControl.com) The price of gold, which has fallen in recent weeks as part of a broader market sell-off, has even further to fall, Marc Faber, author of the Gloom Boom, and Doom Report, told CNBC Monday. “We overshot on the upside when we went over $1,900,” said the fund manager, who has 25% of his [...]
Posts Tagged ‘gold bubble’
Gold in a Bubble? Not Yet
September 8th, 2011 
Elisheva Wiriaatmadja 
(Sovereign-Investor.com) From 1998 to 2000, shares of a company named Inktomi Corp went up 1,900%. Then in 2000, this stock hit its all-time high of $231.62. It had to be a great business, right? Wrong. Actually, the company never made a single dime in profits. But regardless, investors kept buying. That shows you how irrational [...]
NIA: The Largest Bubble in U.S. History
August 31st, 2011 Elisheva Wiriaatmadja 
(Inflation.us) On August 6th after S&P downgraded the U.S. debt rating from AAA to AA+ with a negative outlook, NIA prayed that Americans would not make the mistake of buying U.S. Treasuries as a safe haven. We normally don’t pray about economic matters, but only God can save the U.S. economy today as well as [...]
Aftershock Survival Summit: Preparing Yourself for the 2012 Economic Crisis
August 26th, 2011 Elisheva Wiriaatmadja In 2006, while nobody was looking, the American economy began its catastrophic descent, as the early stages of the real estate crisis started taking shape. Two years later, the stock market collapsed, the credit markets dried up, banks melted down and unemployment started to soar. In the 1990′s When the real estate prices were still [...]
Posted in Survival Tips, Wealth 
Tags: American Empire Collapse, collapse, economic collapse, gold, gold bubble, inflation, stock market 
No Comments »Gold Beyond US$1,800 Level – What Do Jim Rogers, Gerald Celente, Marc Faber Say?
August 11th, 2011 Elisheva Wiriaatmadja Ever since the debt ceiling bill passed on Aug 2, 2011, everything went downhill for America, dragging the whole world down with them. Standard & Poor downgraded the US credit rating from AAA.The Dow Jones dropped sharply within the past 8 days by over 500 points. Gold price rose from a little over the $1600 [...]
Posted in Gerald Celente, Jim Rogers, Marc Faber Tags: gerald celente, gold, gold bubble, gold price, jim rogers, marc faber, precious metal No Comments »“Gold Bubble” – Debunking the Myth
April 24th, 2011 Elisheva Wiriaatmadja 
Gold price has now reached over $1,500 an ounce and it may not be too long before Gerald Celente’s prediction comes to pass – gold price at $2,000 an ounce. However, there are so many “experts” out there who circulate a meme that gold is in a bubble and that it is the right time [...]
Gold Manipulated Price at $1,300 an Ounce – Asians Preparing for $2,000!
September 22nd, 2010 Elisheva Wiriaatmadja By now I expect my loyal readers to see that gold is not a bubble and gold price is not going to go anywhere but up. Some time ago I wrote about how Gerald Celente asked his subscribers to pay close attention to the gold price during summer. He had said that if gold price [...]
Jim Rogers: No Gold Bubble, Asia’s Standard of Living will be Better, More Currency Turmoil
September 5th, 2010 Elisheva Wiriaatmadja Successful international investor and Chairman of Rogers Holding, Jim Rogers, spoke on CNBC and said that: I’d rather have the Europeans running the US central bank than the people running the US central bank. At least they know how to try to build for the future. In America, Bernanke just says we’ll print more money, [...]
George Soros, “The Ultimate Bubble is Gold!” – and Still Buys Gold
February 24th, 2010 Elisheva Wiriaatmadja On Jan 28, just last month, George Soros, in an interview with Davos Man, said that gold is due for a fall. At the World Economic Forum in Switzerland he said, “When interest rates are low we have conditions for asset bubbles to develop and they are developing at the moment. The ultimate asset bubble [...]
They Say Gold Bubble Will Burst Soon – I Say Ignore Them!
February 2nd, 2010 Elisheva Wiriaatmadja You may have heard many people around you say that it is too late to invest in gold now as gold price has come up over US$1,000 even reached over US$1,200 at one point but now has gone back down. You may have probably seen a long list of pundits saying that gold is a [...]
