View Single Post
Old 09-23-2011, 05:24 PM  
tonyfgsoprano
Confirmed User
 
tonyfgsoprano's Avatar
 
Industry Role:
Join Date: Jul 2009
Posts: 91
There is no gold bubble.

it's not the value of gold that increases, it's the value of paper that going down.
As long as U.S government will print Monopoly $ (Q.E inside), gold will increase, that's just as simple as that.

Even if banks can manipulate the market price, they will not be able to do that all the time, we're going into a mega inflation of money, there is no decent solution to world crisis, private and public debts reached unbelievable levels.

If you look at gold graphics, you have an increase of 600% since 2001, and more generally the increase is constant since 30 years.
It's not a bubble, but a structural tendancy showing that our system failed since 30 years.
Have a good depression
__________________

Last edited by tonyfgsoprano; 09-23-2011 at 05:25 PM..
tonyfgsoprano is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote