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Re: NYBob post# 59

Monday, 11/05/2007 10:21:46 PM

Monday, November 05, 2007 10:21:46 PM

Post# of 237
Goldcorp Gold still above 800, high o silver and away -

well looking at the past in Europe etc. -

Ex.
Two Hundred Billion D-Mark -



Empfehle bei Papiergeld auf den Fingerabdruck als Zeichen der Echtheit zu achten -

This Two Hundred Billion Mark note, was probably enough to buy
a meal in a restaurant in 1923 -
The fingerprint indicated its authenticity!!

An average monthly salary in US / Canada could soon be around -
Two Hundred Billion to Five Hundred Billion fiatz$dollars -

We have seen the currency collapses happen all over the world -

HYPERINFLASION -
is it too many on pension, gov. debts pressure etc. ? -

GOLD THE ONLY REAL MONEY SAFETY! -

I Luv GG - The GOLDEN Treasure CHEST!!

Strategic GG, HOLD FOR THE LONG TERM!

The value of the dollar has been on a downward spiral -
All fiatz tumbled to yet another new low against the GOLD -


JPY, GBP, AUD, EUR, CAD & Gold - Afternoon Fix (Source N M Rothschild) (INDEX)

3 YEAR WEEKLY GOLD CHART COMPARED TO THE CURRENCIES BELOW -


the media Tv etc. only talks about fiatz currencies -
not allowed to compare the fiatz to the GOLD? -
THE ONLY REAL MONEY -

Ex.
Reasons to Own Gold Investments -

1. It’s super cheap. Gold is cheap, while stocks are expensive.
In January of 1980, both the Dow Industrials and the price
of gold were at the same level: 800.
Now, nearly 27 years later, the Dow is above 13,000,
and gold is above $800.

2. Governments will make our money worth less to pay off
their record debts.
Governments can print money to pay off their debts.
But they can’t create gold.
The supply of paper money can be infinite.
But the supply of gold is extremely limited
(they say that the entire gold production in the history
of the world could fit on the basketball court at
Madison Square Garden).
And it’s difficult to extract.

3. Precious metals do well in major international conflicts.
The price of gold was fixed during World War I and
World War II.
But silver, for example, rose by over 100% in both world wars.
Gold has risen for the duration of the War on Terrorism.
It all comes back to #2, above... governments ultimately
print money to pay for wars.

4. Gold should do well in extreme bear markets.
Silver more than doubled in value from 1932 to 1936
during the Great Depression (the price of gold was fixed
by the government).
The next long bear market was 1968-1980.
Silver rose from around $2 in 1968 to a peak near $50 in 1980.

5. Gold will rise during inflation... and during deflation.
Gold is good inflation protection... gold rises as the
value of the dollar falls.
But what many people don’t understand is that gold will
do even better during deflation, as the government lowers
interest rates and wildly prints money (creating inflation)
to offset that deflation... leading to substantially
higher gold prices.

6. Gold lowers risk in your investment portfolio.
In the past, gold has tended to do the opposite of stocks:
It skyrocketed in the 1970s, when stocks did horribly.
Then in the 1980s and 1990s, when stocks soared,
gold lost over half its value.
Now, in the new millennium, gold has soared while stocks
are still near their year 2000 highs.
Holding a portion of your portfolio in gold will smooth
out your portfolio fluctuations.

Gold is beautiful, rare, and easy to exchange, no matter
where you are in the world.
Paper money, on the other hand, is just paper.
Governments can print as much of it as they like.

Real interest rates are close to negative... the smart
money has already shifted from cash and into gold.

It’s time you did too -

In 2002, was how to buy gold for $250 an ounce.
Today, that investment has more than doubled... but
nobody cared back then.
Nobody was asking me about gold.
Instead, I probably lost readers for daring to write
about it -

Now, with gold hovering above $750 per ounce, people
are starting to asking me about it -
well its fiatz$808.8 buckypeanutz -

It’s a small sign, but the fact that pe ople are showing
interest for the first time in two decades tells me
this bull market is building steam and getting ready
to move much higher....

http://www.goldcorp.com/

Gold and silver rose after a drop in the dollar against
the euro and soaring energy costs sparked demand for
the precious metals as an investment.



The price of gold has gained 21 percent this year,
reaching the highest since 1980 -
its only a new bull start -
Imo. Tia.
God Bless




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