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<p>[QUOTE="zekeguzz, post: 833948, member: 15455"]Just perused another forum this morning and the concensus was that the POG will drop considerably because the economy is slowly picking up and the Fed. Gov. will keep on printing as many dollars it takes in order to prevent total collapse of our currency and otheR currencies around the world that depend on ours for their survival. Whether it takes 2 years or 10 years the Fed. Gov. will keep on doing this because we've passed the point of no return meaning there is no way to stop and recover from what has been done. This is insanity!</p><p>This years debt is what? $105 billion and that's not taking Social Security and Medicare into account which is another 50 to 60 billion dollars. How can we not go to some kind of ' universal' currency with the rest of the world before CHAOS takes over??</p><p>Along with all of this it was said that people are oblivious to aquiring gold. It was stated that only about 1% of U.S. citizens might own gold coins or bulions I don't think I agree with that. But pretty soon if POG GOES LIKE WE THINK IT WILL then it will become unaffodable.</p><p>So all in all I think $1350/oz is completely very possible in the near future.</p><p>WHEW!</p><p>dOES ANYONE ELSE AGREE?[/QUOTE]</p><p><br /></p>
[QUOTE="zekeguzz, post: 833948, member: 15455"]Just perused another forum this morning and the concensus was that the POG will drop considerably because the economy is slowly picking up and the Fed. Gov. will keep on printing as many dollars it takes in order to prevent total collapse of our currency and otheR currencies around the world that depend on ours for their survival. Whether it takes 2 years or 10 years the Fed. Gov. will keep on doing this because we've passed the point of no return meaning there is no way to stop and recover from what has been done. This is insanity! This years debt is what? $105 billion and that's not taking Social Security and Medicare into account which is another 50 to 60 billion dollars. How can we not go to some kind of ' universal' currency with the rest of the world before CHAOS takes over?? Along with all of this it was said that people are oblivious to aquiring gold. It was stated that only about 1% of U.S. citizens might own gold coins or bulions I don't think I agree with that. But pretty soon if POG GOES LIKE WE THINK IT WILL then it will become unaffodable. So all in all I think $1350/oz is completely very possible in the near future. WHEW! dOES ANYONE ELSE AGREE?[/QUOTE]
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