TSXV:PEM.P - Post by User
Post by
prospector7on Jul 15, 2009 8:43am
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Post# 16138418
GOLD and Inflation
GOLD and InflationBeen playing gold for many years and know by following it and the history of gold that #! inflation drives gold and the drop of the USD.
For the last 3 months gold has opened up over seas and the war starts every day at the opening of our markets, it has been a real tug a war with the US trying to keep it down for obvious reasons.
The biggest pack of propaganda comes to us the consumer that inflation is not going up what a crock. Everything is a lot more expensive this year than last year by a long shot.
The USD is going down and inflation is on the rise no matter what they say, we all know they play with statistics to go along with their bottom lines.
The time has come when gold could be going to the moon big time. The whole world knows the US are printing $$$ faster than you can imagine, the gig is up on the USD and it will go down. The day will come when the truth comes out about inflation we all know it has risen in a big way.
Be ready folks the time could be very close that we have all talked about GOLD is going to go Ballistic very soon and the gold juniors are the place to be. GLA who have made the right decision and held onto PEM the real showing.