7 Reasons Gold Will Surpass $2,500 - And Inflation Isn't One of Them

 
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24 Responses

  1. John Saputo | December 21, 2009

    Why are so many articles out saying just the opposite? The Gold rush is over and buyers in gold are losers and the American dollar is strengthening. The recession is over and the market has bottomed out? Who can we believe?

    Reply
  2. mike spenser | December 28, 2009

    Money can always be printed. Gold cannot. Gold is uncoruptable and will last forever and is
    the ultimate store of wealth and value recognised everywhere through out the world.

    Reply
  3. John Martis | December 28, 2009

    Gold is also traded in futures and options market. There are buyers and sellers. Buyers are not backed by funds but only margin money. Similarly sellers (mostly) do not have gold to deliver. They are called short-sellers. Such traders have a vested interest in spreading negative thinking on gold and hence you will find such articles. Besides, the actual miners of gold have shortsold in advance good quantities of gold and are frantically trying to cover their shortsale, and hence such stories are being spread. Judge the views expressed by writers and arrive at your own decision as to which way gold is heading. As far as I am concerned, gold is heading up.

    Reply
  4. Randy Thomas | December 28, 2009

    I would like to buy physical gold at a rate of 1oz a month. How should I start?

    Reply
    • wayne malotte | December 29, 2009

      add an ounce of gold each mounth

      Reply
    • Dan Lodge | January 4, 2010

      Go to Bullion Vault.(www.bullionvault.co.uk) When you first invest they give you an oz of gold to start you off. You can also select where your gold is stored; New York London or Zurich.

      Reply
    • Audrey | January 5, 2010

      Find a reputable gold bullion dealer. If you google, you should be able to find one in your local area or city. A good dealer should be honest, friendly and reliable and not pressure you into buying on the spot. My gold dealer sets the price which is the same for the whole day and charge me at the KG price as I buy quite often, rather than some dodgy dealers I've been to who's prices keep going up when the price goes up (but never comes down when the prices fall) and are arrogant and never negotiate on price. You can choose between 1oz gold bullion coins (buy the fine 999 gold ones like the Australian kangaroo, canadian maple leaf, credit suisse coins…..etc) rather than the 22 carat ones) or 1oz bullion bars or privately minted nuggets. you can find out more information on the internet. Good luck!

      Reply
    • Jerry Reitz | January 17, 2010

      Buying an oz. / mo. is a very smart idea – you will never regret doing this !

      Reply
    • Rumianka Velikowa | January 27, 2010

      I can start by Gold investment,how should i start?

      Reply
  5. ken mcfadden | December 28, 2009

    The logic behind GOLD is convincing and sound…but how come everytime I go into it I end up losing…It's a crap shoot and its controlled by someone..who I don't know.

    Reply
    • g. stein | December 28, 2009

      i put it up anyway,whenever i can as high as i can.because i will collect big time.yes sir.

      Reply
  6. d nelson | December 28, 2009

    gold the discoveries are out there microprices exsist for max leverage GXPI — in now the picture on yemen- htog-uvse energy the real run will start sooon

    Reply
  7. erich | December 28, 2009

    "Gold is incorruptible and lasts forever"
    Isn't that precisely why supply will never run out but is rather steadily increased by roughly 2,000 tons every year. Gold, unlike other commodities, is never consumed, thus any shortages are the result of hoarding by Central Banks and now Hedge Funds, who need you to sell to to realize any profit. Mania may drive gold higher but watch out below. I have seen this movie back in 1980!

    Reply
  8. robert evans | December 28, 2009

    anyone interested ? make me an offer on a 5.84 oz nugget that resembles the head and neck of a tyrantasorus rex

    Reply
  9. Russ Smith | December 28, 2009

    Experience:

    Here's a real life experience of the corruption within this industry:
    I purchased some 90% junk silver through a company called Monex Corp. during the last explosive precious metals blowoff & sold it on the very day of the top of that market when silver was $52.50/troy oz.. A single bag of this junk silver we're told contains 720 troy ozs. of pure silver locked away in their clad form as coins. Now, as my old friend, Walt Sohnrey, told me many yrs. ago: The liars can figure but the figures don't lie: After giving the broker my sell order and he filled it, he came back & said to the effect that: everybody & their uncle had come in just that day with old cigar boxes & socks full of silver coins which depressed the price of my sale from $37,800 down to around $2,500 & that's what my check was but that's not profit, because I can't remember how much I had to put down on it to hold it as their risk taker with margin moneys on the side. Do you think I have any faith in the brokerages that deal in these speculations, when they let you hold the bag until it becomes a sure thing & then they use their positioning to make all the money? What kind of a caste system is that that controls our country and, afrer the bailouts we've undergone, don't any of you think for even one monute these brokerages won't insult our intelligence again with such charades which are smaller by comparison right now against the backdrop of the bailout $$$'s but you look out for yourselves working with brokers….they can be envious and/or covetous when they see and then want your profits for themselves!! Take physical possession and demand your rights when it is time for you to sell what you've earned or suffer the unintended consequences! There's nobody around who cares to take your side against a brokerage company as you can see looking at our present systems bailout mania. When we are too poor to fight and they see our urgencies to sell, look out they will take you for everything you've go & then some if they can!!
    Russ Smith, California
    resmith@wcisp.com

    Reply
  10. Peter Schwerzmann | December 28, 2009

    when are you expecting the gold is rocking up?

    Reply
  11. Haydn | January 13, 2010

    I am starting to believe more and more that Silver is a smart way to 'play' the precious metals market – especially if you have time to hold on to it.

    “A visitor from another planet would surely be scratching his head about the current price discrepancy between gold and silver. The one that is the more rare and needed is selling for less than 2% of the price of the other. It would quickly occur to the alien that if just 1% of the money in gold switched into silver, that would equal an amount more than 3 times all the silver in existence. The visitor would wonder how so few of the earth’s 6.5 billion inhabitants could not see this discrepancy between two items that dated from the birth of human history. I’d be willing to bet that such an alien, should he exist and have a desire to make some big human money, would buy silver.”

    - Ted Butler who writes for Investment Rarities and considered the World’s leading Silver Analyst.

    Reply
  12. Larry S Saint Cyr | January 14, 2010

    So should we invest in companies that deal with gold such as coins or should we be investing in gold and silver itself?

    Reply
  13. NICO UNGERER | January 15, 2010

    reading on a daily basis of all the wonderful ,sky-high returns to be made, i cannot help but sticking to the golden rule of times,proven almost on a weekly basis ie; when something is too good to be true,it probably is.
    the other one i remember well;–when the man in the street jumps the bandwagon, it's time to get off!
    I have earned my money by working hard on a daily basis,still going strong at age of 65, investing carefully , sharing with the poor ,giving my tithes, thereby investing in my FATHER"S BANK OF HEAVEN and trusting GOD ALMIGHTY to be my Sheperd, therefore i have more than enough! I am satisfied and fulfilled, blessed by my LORD GOD.

    Reply
  14. John Doe | January 31, 2010

    Someone just had to bring GOD into it didnt they ?!

    Reply
  15. NICO UNGERER | May 21, 2010

    john,without almighty God, we are a solid ZERO,! I have been there, done it all, seen it all, —emptiness meneer!
    He is watching you, so watch your tongue boet!

    Reply


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