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|    Message 7,351 of 8,306    |
|    Canuck57 to Tony    |
|    Re: So, what is the price of 5% and 10%     |
|    21 Nov 09 09:49:26    |
      XPost: can.internet.highspeed       From: Canuck57@nospam.com              Tony wrote:       > When the stupidest country on Earth buys gold (India buys 200 tons at 1040       > dollars US) that's when to sell it short down to 500 dollars an ounce.       > America will likely look like Japan with at least 10 years of no growth.       > America is lying about the GDP, unemployment and the stock market has been       > manipulated since March 9th by the bankers and the US government. They buy       > at 9:30am and 3:00pm. At some point in time the stock market will lose 50 to       > 90 percent and like you said gold will likely fall to 500 dollars an ounce.              You are stark raving nuts about gold. But agree with comparing Japan       and the US. Japan tried low interest rates a little more than a decade       ago and they never existed their recession. Their economy stagnated       while government debt skyrocketed. Now peopple are taxed crazy, haven't       sen a wage increase in a decade and life is a notch or two down in the       wealth scale.              Yep, picked up a wad of TCK-B at $3.50, closed over $35. For the savvy,       a market made in heaven. Like gold, TCK-B sold 17% to Chinese and       skyrocketed.              If anything India buying gold means it is likely a good investment. A       government like India can hore 100 people just to do the analysis.       While governemtns are not always right, especially in NA, I would not be       too quick to discount this event. I sure would not call it bad news for       gold.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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