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Old 11-03-2009, 11:41 AM   #1
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Default Gold will go $1,500/ounce this year

Here is a whole page advertisement in San Jose Mercury News on August 24, 2009:

Cash for Gold comes to Cupertino

With unemployment and foreclosures at a record high in California, ARC Capital Investments will host another fun, safe and lucrative cash for gold purchasing event here in Cupertino to help stimulate the economy. Many people are already very aware of the benefits of such an event due to the many advertisements on television, radio and the Internet.

ARC Capital Investments, a California state-licensed precious metals dealer, has a different approach to the demand and supply of precious metals. Owner of ARC, hosts a 4-day event in the Cypress Hotel, a very well established and reputable hotel, in order to ensure 100% client interaction.
.......

The Gold Evaluation Process
........ "

The price of the gold in August was around $950/ounce. ARC of course is not a char

itable institution. When it pays huge to rent hotels and put advertisement to collect gold from area to area, how much do you think they expect to make in future gold market?

When media repeats on foreclosure and unemployment news, it squeezes people to sell gold and jewellry to speculators. The next financial balloon will be a gold bubble. At that time, the topic in media will be inflation. It will advise you to buy back gold. This is how the inside group controls this country and make money from each crisis.
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Old 11-03-2009, 03:06 PM   #2
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I do believe it will go to 1200-1400 next year. I can see nothing that would suggest that it will stop climbing any time soon.
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Old 11-04-2009, 05:17 AM   #3
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I know nothing about commodities or gold, but there have been several economic bubbles that have popped in recent history, and gold seems to be inflating...
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Old 11-04-2009, 05:27 AM   #4
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Hey etothepii, just look at gold companie's stocks. It's much easier to buy and sell with a click of the mouse and FYI, they own the gold coming out of the ground.
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Old 11-04-2009, 01:35 PM   #5
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Some are saying gold and stocks will fall back between now and mid 2010 as the dollar gets one more rush. Then buy the h&ll out of it!
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Old 11-05-2009, 05:07 AM   #6
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It got close yesterday india or some country over there bought like 11 metric tons of it and it hit like 1300. Saw it on thenews
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Old 11-06-2009, 01:28 PM   #7
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I got three calls today from coin and bullion dealers. They are trying to sell like crazy. For a long time the magic number was $1k/oz. Gold hit $1,100 today and is projected to hit $1,550 by next month. Once it hits $2k/oz...Katie Bar the Door

BTW, if you are contemplating getting into the "gold game", do you research. When the proift margins become large, the snake-oil salemen abound.
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Old 11-06-2009, 02:49 PM   #8
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I bought several hundred shares of silver (slv) it goes up a little and down a little but its seem to be very stable stock which is more than I can say for the value of the dollar which keep going go down
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Old 11-30-2009, 02:30 PM   #9
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I think the Feds is preparing another financial tsunami in the rest days of this year. In which US dollars will rapidly devalued to a historical low. The price of the gold will go $1,500 to $2,000/ounce. The exchange rate of the ***anese yen will go 80/dollar or higher. The Euro will go 1.6 dollar/Euro or higher.

This is why there is regime change in ***an. The Liberal party was too close to its enterprises and big business. It resists to increase the value of yen to the desire of the Feds. So it has to step down. The Democrat party who is willingly to sacrifice the ***anese financial interest now gets the power. The high value of ***anese yen will certainly hurt ***an's economy.

China and India co-operate with the Feds. They have bought the gold quietly for sometime and will make a good profit in coming gold rush.

It will happen in coming days of this year. What a tsunami it is if it all takes place in three months. I predict it before the media bang the drum on inflation. And remember what I said today and how the Feds control your mind with propaganda.


When I say the Feds is the hand to push up the gold price, the Feds here means intelligence (FBI, DEA). So they have their own way to clear the uphill road for the gold.

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Old 12-01-2009, 02:38 AM   #10
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Got a friend in the Jewlery repair business.Checked out a necklace for me the other day. Said it was 167 grams.Also said that Gold was $1151 per ounce last Friday.Was just curious about the necklace.
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