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Forums > ACADEMIC/ BUSINESS > Business, Money & Law (civil) > Gold will go $1,500 to $2,000/ounce this year


Gold will go $1,500 to $2,000/ounce this year
 Moderated by: Sail, s13, S., nNeo, dV/dt, dcbl, dc-2, D, c2c  

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kathaksung
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Joined: Fri Oct 13th, 2006
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 Posted: Mon Sep 21st, 2009 09:28 pm

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Here is a whole page advertisement in San Jose Mercury News on August 24, 2009:[size=]

[size= ]

Cash for Gold comes to Cupertino

 

With unemployment and foreclosures at a record high in California, ARC Capital Investments will host another fun, safe and lucrative cash for gold purchasing event here in Cupertino to help stimulate the economy. Many people are already very aware of the benefits of such an event due to the many advertisements on television, radio and the Internet.

 

ARC Capital Investments, a California state-licensed precious metals dealer, has a different approach to the demand and supply of precious metals. Owner of ARC, hosts a 4-day event in the Cypress Hotel, a very well established and reputable hotel, in order to ensure 100% client interaction.

.......

 

The Gold Evaluation Process

........ "

 

The price of the gold in August was around $950/ounce. ARC of course is not a charitable institution. When it pays huge to rent hotels and put advertisement  to collect gold from area to area, how much do you think they expect to make in future gold market?

 

When media repeats on foreclosure and unemployment news, it squeezes people to sell gold and jewellry to speculators. The next financial balloon will be a gold bubble. At that time, the topic in media will be inflation. It will advise you to buy back gold. This is how the inside group controls this country and make money from each crisis.

kathaksung
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Joined: Fri Oct 13th, 2006
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 Posted: Tue Oct 13th, 2009 09:02 pm

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I think the Feds is preparing another financial tsunami in the rest days of this year. In which US dollars will rapidly devalued to a historical low. The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the Japanese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher.

This is why there is regime change in Japan. The Liberal party was too close to its enterprises and big business. It resists to increase the value of yen to the desire of the Feds. So it has to step down. The Democrat party who is willingly to sacrifice the Japanese financial interest now gets the power. The high value of Japanese yen will certainly hurt Japan's economy.

China and India co-operate with the Feds. They have bought the gold quietly for sometime and will make a good profit in coming gold rush.

It will happen in coming days of this year. What a tsunami it is if it all takes place in three months. I predict it before the media bang the drum on inflation. And remember what I said today and how the Feds control your mind with propaganda.


 

 
When I say the Feds is the hand to push up the gold price, the Feds here means intelligence


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