Saturday, November 03, 2007

Gold has crossed USD$800!!!

Gold has crossed US$800!!, highest levels since 1980. The highest it had ever reached was around US$850 in the 1980s. A couple of days like this and we will cross the highest record....

Of course, if you are savvy enough to realise that USD$850 record was in the 1980s, adjusted for inflation, it would be around USD$2000 in today's money. We have a long way to go in this gold bull run!

Any more rate cuts and printing of fiat currency will only send gold skyrocketing much further. Don't let your hard earned money be vanquished by the rate cutters, inflationists and irresponsible investment bankers who invest in toxic subprime, start building your GOLD BUNKER!

No comments: