Current Spot Gold price at $419.30 X $419.90, looks like a couple of people in Asia are "securing their assets!" Also of note, the U.S. Dollar is very weak against nearly all currencies in recent trading! Personally, I say SCREW all currencies who refuse to back their currency with gold/precious metals... COUGH COUGH... U.S. Dollar...
That spread at $419.30 X $419.90, might not look attractive to many, maybe it will within the next few months or by the end of the year at $470.00 X $470.60? Or maybe next year when it's at $610.10 X $610.70? Or in a few years at $800??? 5+ years at $1,000+ as worthless paper currencies collapse??
Is OPEC going to continue to collect worthless U.S. paper currency or debt for payment???
Must I cram down people's throats that we are STILL in a bear market.... Must I cram down people's throats that gold is worth far more then a paper painted and designed nicely and heralded as worth $1, $5, even $100 is essentially WORTHLESS when the total debt far exceeds the WORTHLESS money supply!!!!
Wake up people!!
*** SECURE YOUR ASSETS ***
HI-HO SILVER !!!
