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 [...]
Posts Tagged ‘gold’
Gold Beyond US$1,800 Level – What Do Jim Rogers, Gerald Celente, Marc Faber Say?
August 11th, 2011 
Elisheva Wiriaatmadja 
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 at $1,753 An Ounce, The Panic is On
August 8th, 2011 Elisheva Wiriaatmadja 
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 [...]
Gold $1600 an Ounce, $1688 by the End of 2011
July 18th, 2011 Elisheva Wiriaatmadja 
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
July 17th, 2011 Elisheva Wiriaatmadja 
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 [...]
Why Bernanke is a Global Laughing-Stock for Saying “Gold isn’t Money”
July 14th, 2011 Elisheva Wiriaatmadja 
Responding to Ben Bernanke’s statement to Ron Paul that god isn’t money, the NIA (National Inflation Association) published their recent newsletter, explaining why they believe Bernanke is wrong and why American’s should know that gold IS money. During the session with Congressman Ron Paul, Bernanke said that the Federal Reserve is prepared to act with [...]
Posted in News Tags: Ben Bernanke, federal reserve, gold, gold price manipulation, gold prices 2 Comments »How Central Banks Control Zimbabwean Style Hyperinflation from Happening Yet
June 19th, 2011 Elisheva Wiriaatmadja 
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 [...]
Posted in News Tags: central bank, central banks, dollar, gold, gold price, gold standard, hyperinflation No Comments »Gold & Gold Stocks: Roadmap To $1700
June 16th, 2011 Elisheva Wiriaatmadja (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 [...]
Marc Faber: Despite the US Economic Disaster, Obama Might Still Get Re-elected
June 11th, 2011 Elisheva Wiriaatmadja International investor Marc Faber told Insider Monkey that Obama might get re-elected despite all the disappointments in the US economy during his administration. Faber thinks that Obama is one of the worst Presidents the United States could ever had especially after he failing to keep his promise to do the things he said he would [...]
Posted in Marc Faber Tags: asia, gold, investment, marc faber, obama, precious metal, US economy No Comments »Gerald Celente: Not Even Returning to Gold-Standard Will Save the US
May 22nd, 2011 Elisheva Wiriaatmadja 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 [...]
Posted in Gerald Celente, Videos Tags: gerald celente, gold, gold price, gold standard No Comments »Zimbabwe May Sell Diamonds to Launch Gold-Backed Currency
May 21st, 2011 Elisheva Wiriaatmadja 
(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 [...]
