TSX:LSG.DB - Post by User
Comment by
goldeagle1on Jul 06, 2014 2:28pm
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Post# 22719422
RE:RE:LSG GOLD Price Here Is The Roadmap To fiat$1000.-/sh +++
RE:RE:LSG GOLD Price Here Is The Roadmap To fiat$1000.-/sh +++ Dr. Paul Craig Roberts A Real Collapse in the Dollar, Gold Could Be $30,000 an Ounce -
https://www.youtube.com/watch?v=pQQcfnrTL5s
American citizens will buy gold as a hedge against
further deterioration of the dollar -
Gold Soars Seasonally In June -
This chart TA the historical trend of the price of gold,
based on 30 years of data -
the price usually rises until January-February.
The challenge is to catch the June lows -
This chart courtesy Federal Reserve Bank of St. Louis
shows the total amount of debt in the USA
is now 60 trillion dollars.
This cannot possibly be paid off, and it will be inflated away.
Gold and silver will benefit.
"Gold, unlike all other commodities, is a currency...and
the major thrust in the demand for gold is not for jewelry.
It’s not for anything other than an escape from what is perceived
to be a fiat money system, paper money,
that seems to be deteriorating."
-– Alan Greenspan, ex-US Federal Reserve Chairman,
August 23, 2011