$1,000 Gold Again
For those that have written off the commodities market and especailly gold (like Mahendra) and been long on the US$, things ar not going well. As I've written for nearly a decade now, GOLD is on a bull run and it's not over by any stretch of the imagination, though there can be serious seasonal hits from time to time. In the last few weeks gold has charged fro $850 to $975.
When gold crossed over the $1,000 psychological barrier, I predicted that it would drop back under and go into a holding pattern, as you can read on this web site.
However, there are three things that cause gold to shine!
1-Inflation
2-The threat of war
3-Uncertianity of the financial markets.
So, it looks like we're 3 for 3! And if we're talking baseball the 3 for 3 are three home runs in three at-bats.
Inflation is going to DOUBLE and maybe more so this year over last. The price of oil is driving everything up, up, and away. The Fed has been pursuing an insane experiment fearing the slow down of the financial amrkets and in lowering eh rates as they have for so long, and so far (record breacking moves down), inflation will come back so straong and fast, the Fed can't raise rates fast enough to hold it off.
The threat of war is getting worse each day as the rhetoric between the US, Iran, and Israel keeps ratcheting upwards. Iran isn't backing down form their nuclear plans and Israel isn't going to sit by and wait til they have the weaker hand to do something. And it's not going to be America who takes out the nuclear plants, but it will be with the US approval of course. Then there goes oil to $200+ a barrel and the price of a gallon of gas now into four digit atmosphere.
Then we have the financial markets! Wow! The second largest bank failure in US history. The rpediction that HUNDREDS of banks will go belly up this year alone. Fannie Mae getting slapped on the back side by Freddie Mac and Bennie Bernanke & the Feds scrambling to stave off a SIX TRILLION mortgage holding super mess!
And you think gold isn't going north of $1,000 again? :-(
Related Tags: inflation, fannie mae, freddie mac, bernanke, us$, $1, golden recovery, threat of war, uncertianity of the financial markets, 000 gold again, mahandra
As a spiritual-futurist my commentaries and articles deal primarily with an interpretation of current events in light of macro-universal forces at play.
Your Article Search Directory : Find in ArticlesRecent articles in this category:
- How To Create And Work Your Leads For Super Profits
There's a formula to make lead prospecting work and here it is.1. Make an offer to your prospect tha - Career, Effective Cover Letter Examples Yield Positive Results
Content is the main focus of every application. But just how will you persuade or interest a po - Advertising, You Might Be a Digital Dinosaur
What are you going to do differently to make this year better than last year? Newspapers - Business, Dos and Don'ts of Time Planning from The Change Catalyst Coach
Are you a good time planner? At a recent meeting with a group of public speakers, I found out th - Traffic - The Most Crucial Thing in Business
Whether you are involved (or thinking of becoming involved!) in an online or an offline business, th - Online Shopping, Want to make money at home with online auctions and what you need?
Online auction sites such as EBay are one of the most profitable means by which you can make mon - Internet Marketing, Online Catalogs
Promoting your products and services in a catalog is very valuable for your business, printed an - Marketing, Tasteful Magnetic Car Signs
Magnetic Signs Look As If They Were Made For Your Car Why Do I See So Many Magnetic Car Sig - Business, Free Gas and Groceries?
In today's economic environment it's almost impossible to understand what is true or real. We a - Work At Home Based Business-with A Mentor By: Cris J
To the beginner who has a desire to start working from home on their computer, heed this advise- Fin
Most viewed articles in this category:
- Adsense Is Making Me Rich
I want to talk to you about the power of Google AdSense and how you can use it to generate not hundr - How to Increase Your Business Using the Esoteric Science of Radionics
As a small business owner, there are an amazing number of difficult skills I need to master so my bu - 14 Top Lead Generation Tips
According to former Harvard Business School professor David Maister, typical marketing practices are - More Marketing Dope
Direct marketing can make you very successful, but you’ve got to understand the basics. Here a - The State Of Paid-To-Surf Programs Today
What a difference a year can make. 12 months ago, auto surf programs were at their peak. More an - Is Adsense A Good Idea?
For many webmasters, Google AdSense has become a great revenue generator. Since the program pays th - Should You Open Up An Ebay Store?
Ebay has provided some amazing opportunities for many people to earn online. This widely popular au - The "Coat Of Arms" Revisited
Recently I listened to a interview with Mark Joyner and Gary Halbert about Gary's famous "Coat of Ar - Brand Loyalty
It's a challenge getting consumers to remain loyal to a particular brand. Unlike the good old days w - The Hottest Affiliate Ebooks Out in the Market Today!
Affiliate Project X is a great affiliate marketing ebook. Totaling only 50 pages you could have your
