Thursday , 25 July 2024

Gold

Beware: Official U.S. Government Price for Gold is Only $42.22/ozt. (+9K Views)

The United States has seen four different gold confiscations — the last of which was in 1933. Few people realize that when the freedom to own gold was restored in 1972, the President retained the power to require us to surrender our gold which he can do again any time (probably on a Friday) with the mere stroke of a pen. That means all confiscated gold could possibly be compensated at only $42.22 per 1oz. and not at the world market price. Don’t take this decision lightly. It was another blatant warning that the government may be contemplating grand larceny — AGAIN. Words: 1740

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$22,000 – $50,000 Gold Required To Salvage World’s Debts & Derivatives (+4K Views)

The current meltdown of the world’s debt bubble is likely to continue in the course of the next months and Hugo Salinas Price, Mexican business magnate, investor, and philanthropist and the president of the Mexican Civic Association for Silver, believes that the salvaging all debt and derivatives might require a gold price as high as between $22,000 and $50,000 per ounce. Here's his rationale.

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The World Is Not In A Good Way! Own Gold Yet? (+3K Views)

...It’s a confusing world out there. Some say gold is going to $700 (and they might be right, temporarily), and others say gold will shoot to $10,000 (and they might be right, temporarily). I’m in the middle and, when I tell you why, I hope you see the wisdom of why you should join me there, too.

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Take Note: Gold and Silver are NOT an Investment! (+5K Views)

Gold and Silver are not an investment! Let me repeat that. Gold and silver are not an investment! Gold and silver are (excuse the pun) the most "solid" form of money you can possess. Yes, these two precious metals are money!...Don't fear owning gold my friends. Fear not owning gold and silver, especially if you are a saver. [Let me explain.] Words: 795

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