The Jig Is Up, and So Are Gold and Silver!
How high will the price of GOLD rise before YOU consider buying some?
THE JIG IS UP: AND SO ARE GOLD AND SILVER!
With GOLD now safely north of $600/oz. and SILVER in the unheard of $13/oz. range, I think it is safe to say that as far as the U.S. economy is concerned, the jig is up! We just passed the $8 TRILLION in debt, and already, it is $8.4 TRILLION, and calculations I have done over the past few days indicate that it will hit $9 TRILLION by this Christmas, and $10 TRILLION by Thanksgiving 2007.
You can assume those really in the know are truly afraid that this is all going to collapse before they can get out of town. Just the conversations that I have been having with my GOLD analyst connections have been harrowing and indicative of $700/oz. GOLD by the end of this year, and SILVER should hit $18/oz. within this same time frame.
I was asked recently what I thought the price of gasoline might be by this July 4th, and I responded by saying that who cares about that when GOLD will finish this year at $700/oz. --- and I believe that more each day.
© 2006 Kentroversy Papers
All rights reserved. Used with permission.
The following sources were used in the creation of this Kentroversy Paper . . .
Gold Storms To New 25-yr High, Silver Surges (April 17, 2006)