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 Replies: 10 / Views: 1,439 |
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Pillar of the Community
United States
648 Posts |
Poll Question
QE3 is coming to you at a clip of $40 bulllion, I mean billion USD per month. Gold is going to stomp on everything in its path. What are your gold predictions? Oh, and these folks below are stacking like crazy too.  
Edited by tripncoins
09/14/2012 9:01 pm
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Pillar of the Community
United States
1903 Posts |
Depends a bit on if Obama gets re-elected or not. If he does $2000 will come sooner than later.
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Pillar of the Community
 United States
648 Posts |
I have a feeling he will be given another opportunity. It's almost like a standard these days. 8 year term rather than 4.
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Valued Member
United States
117 Posts |
I agree. It seems everyone wants to give the Presidents a chance to finish what they started. Funny thing is, they still always blame each other instead of actually doing something. I'm guessing end of the year, especially now that we have QEinfinity, not QE3.
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Pillar of the Community
United States
808 Posts |
If the incumbent wins, $2000 by December. If the challenger wins, $2000 by June 2013. QE is happening regardless. Gold is going up regardless. Buy with confidence.
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Pillar of the Community
United States
1454 Posts |
Seems like central banks have a price in mind- a line they won't allow PMs to cross- and gold is nearing it. I believe that line is $50 silver and $2000 gold. If I'm correct, it will take a concerted effort from the 99%ers to break that barrier. That's why I voted 2014, but would have rather set the barrier breakage out at least 5 years from now, if not 10. Never say never, though.
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Pillar of the Community
United States
648 Posts |
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Valued Member
United States
376 Posts |
I think possibly the end of October, before he election month.
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Pillar of the Community
United States
4008 Posts |
I'm thinking October for $2000 gold because of all the problems out there and uneasiness over the result of the US election in Nov. Europe could be big too, especially if the obvious occurs and Greece leaves / is booted from the EU. I am seriously considering starting a program of moving $50-60k from my IRA into physical gold. Yes, I will have to pay some tax on these distributions but 2/3 of something beats heck out of all of nothing and the way things are going, the paper Ponzi scheme is in BIG trouble that is likely to get worse in the coming 2-3 years than better.  |
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Pillar of the Community
United States
1454 Posts |
Probably a shrewd move, Ed.
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Pillar of the Community
United States
4008 Posts |
Oh, man, T, I sure hope so. It's a BIG move for sure but only time will tell if it was the right one. Scary stuff... a bit like juggling grenades with loose pins!  |
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Replies: 10 / Views: 1,439 |
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Posted 09/14/2012 9:56 pm
