RE:OT: FR insiders are bullish on precious metals.Reasons why i am bullish on gold.
1 If bitcoin can hit 20 gs why cant gold.
2 Americas currency is worthless because its economy is based of off carbon burning poisonous gases, arms and defence, pharmecuticals, media and many other environmental and self destructive industries, to make things worse, the corrupt police, a fu&^ed up political system, and greedy and ignorant rulers mean america is doomed. AS we transition from an american dollar dominated international exchange, to either the euro, the renminbi or the crypto, "investors" will use gold as a transition and safety net.
3 ...to add to golds allure, the emerging new generations, sticking with tradition will invest in gold, most likely through the internet. This includes BRIC , africa, the rest of asia and many others looking for "investments"
4 Is a finite metal until we mine in space.
5 will subsequently follow all minerals, metals and resources up in value as we begin to unravel new industries, new infrustructure projects and new soceital goals. Iron, copper, zinc, cobalt, nikel lithium etc etc etcgold...
6 most importantly is religion. Religion has cast a scourge on the peoples of the earth. And deep deep within the consiousness of these fu&^ed up billionaire fake belivers in god is a sick and twisted agenda that has veered sharply off track. Until these billionire Christian muslim and jewish can learn to live in peace, which will not occur for a very long time, then we will conmtinue to have a very unstable international political arena and this will insure the strong and robust growth in value of gold.
7 In my opinion gold is basically worthless, and only through the creative brillance of human kind have we been able to build an arbitrary valu system forthis metal.
with all this said, im calling 10 gs for price of gold at somepoint in the future. might be 150 years... might be 15 years.