High River Gold Mines Ltd HRIVF

Gold at $5,000.00 an ounce?

[Outofworkbum]

Forget Q4 - Been to Mexico lately?  They like Canadian dollars over the US.  OPEC wanted to switch to Euros.  Sadam was ousted because he was thinking that way.  The Fed is printing dollars which are infinite.  Gold is not.  If you took all the surface mined gold in the world it would be less than a tennis court squared.  Once folks loose confidence in paper (and China, Japan, Germany and Russia met secretly recently without the US to discuss this)  we will see the $ sink like a rock.  The advice given today - Buy Silver.  Once the credibility of paper is lost silver will be re-introduced into the money supply and be worth its traditional 1/16 the price of gold.  (Do the math) Who wants Prognoz so bad and for all that silver?  China is slowly trying to dump its US$ without the world noticing.  New wealth in China and India will increase demand in gold.  If everyone on the planet got an equal share of gold we would have just 14 grams each. 
So all you folks willing to go from an appreciating asset like Gold to run to paper - good luck.  Fold your dollars into cranes and try selling them in bulk to the Chinese.