RE: RE: RE: RE: PPT = JP Morgan.... I wouldn't claim $5K for Gold, but, put it this way - I wouldn't be surprise if get to that price by the end of this or next few years. As far as I am concern, the Gold is money and the $US is going dead by the second. I would not be surprise if we see more suppressed Gold prices 'till the end of the year by the FED, just to buy time for the next move. Just think about the fact that US is holding over 8 tones of Gold! If that was not money or a securities of any kind, the FED would have sell that Gold long ago! The US still has the largest position of Gold and that combined with the Gold of the other Countries that store their Gold in the US, comes to near 16-18Tones of Gold! Have said that, I am expecting a new kind of currency to emerged in the next near future from the US Government and the FED. The question is how that would be introduced and what would be the exchange rate on it?! and What kind of % would be backed up by Gold? All that would/may determine a possible war if very aggressive, simply because by doing that, the FED will transfer the dead of US to the rest of the world and the $trillions of dead would look like few billions... that why GOLD is the new money and is here to stay. I personally expect gold to be off the $US by end of next year and that would trigger the change if nothing else prior! JMHO
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