View Single Post
Old 10-01-2010, 11:31 AM  
The Demon
Confirmed User
 
The Demon's Avatar
 
Industry Role:
Join Date: Apr 2003
Posts: 7,336
Quote:
Originally Posted by Ethersync View Post
Bernanke has made it clear he plans to trash the dollar to prop up the market. Government debt is going to be almost entirely monetized (~80%). This is the market reacting. The Eurozone and UK will be attempting to devalue their own currencies as well. Gold could top $10,000 and if that happens I'm buying an island
I don't know about 10k but 5k at least. I'm buying up more silver than Gold though because to me it has more of an upside. It's gone up nearly 200% in 2 years.
__________________
Greed is Good
The Demon is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote