Posts Tagged ‘gold price’

Gold at $1,753 An Ounce, The Panic is On

gold-$1753-an-ounce

Gerald Celente just tweeted 16 minutes before I started writing this post. He said, “Gold @ $1748. The Panic is ON! Watch for Fed/Central Banks measures to drive down price, regulate it and/or blame speculators for turmoil.” When I went to GoldPrice.org to check the price it went up to $1,753 per tray ounce. Only [...]

US Debt Ceiling Lifted – Gold About to Rise to $1800 an Ounce

debt-ceiling-gold-price

You may think that because the debt ceiling bill has passed and was approved by the Senate and President Obama, everything is going to go back up again from this debt pit. It is not. By passing the debt ceiling bill, the US awoken the whole world to the fact that their economic recovery is [...]

Gold $1600 an Ounce, $1688 by the End of 2011

goldprice

Goldprice hit its all time high at $1603 an ounce. Silver rose 3.3% its highest price since early May 2011. Economists say that the rush into precious metals is due to the political debate that took place over whether or not to raise the US debt ceiling. But most of all, investors remain worried about [...]

$5000 Gold, $1000 Silver

GOLDPrice

Gold hit its all-time high $1,594 an ounce, taking silver up to $39 an ounce. While some economists in the United States doubt that the gold price is going to continue to climb and that the gold bubble is going to burst any time soon, economic news channels around the world are considering gold to [...]

How Central Banks Control Zimbabwean Style Hyperinflation from Happening Yet

hyperinflation

So now we have heard millions of times on how the US and the whole world in general is at high danger of hyperinflation. We have seen how the US dollar is continuing to decrease in value and how economists keep warning that the US dollar is going to disappear in value and will be [...]

Gold & Gold Stocks: Roadmap To $1700

(321gold.com) US Dollar Analysis The US government is spending approximately three dollars for every one dollar taken in. You are told this is being done to create “economic recovery”. Houston, we have a US dollar spaceship problem, because there is no balance sheet recovery. The people in power believe massive spending and borrowing more will [...]

Gerald Celente: Not Even Returning to Gold-Standard Will Save the US

The whole world is losing more and more confidence in the US dollar. Because of the declining value of the greenback, Zimbabwe is planning to return to using gold-backed currency in order to save the economy. Even Mexico just bought 100 tonnes of gold according to the Mexican Central Bank because of the lack of [...]

Zimbabwe May Sell Diamonds to Launch Gold-Backed Currency

zimbabwe-gold-backed-currency

(CommodityOnline.com) Zimbabwe may sell diamonds for gold, so that it can have a gold-backed currency, according to a recent proposal from the governor of Zimbabwe’s central bank. The Zimbabwean dollar is no longer in active use after it was officially suspended by the government due to hyperinflation. The United States dollar, South African rand, Botswanan [...]

“Gold Bubble” – Debunking the Myth

gold-bubble

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 [...]

George Washington Paperwork

(Goldseek.com) A friend asked me this week, in a roundabout way, if there’s any mathematical limit to how high silver and gold could go under a hyperinflation outcome. Math and economic geek that I am, Zimbabwe and Weimar, Germany immediately came to mind. Hyperinflation so ravaged their bankster paper money, in the end, it only [...]