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Posted 01/12/2008 6:11 pm
What is happening here is the Dollar continues to loose its value as gold will increase to off set that lost. I predict that gold will reach $1,100 by midyear at least. As long as there is greed for the industry to profit from oil unduly, oil will at least double to $200 plus a barrel. Besides, the days of the oil industry are numbered and they know it! Consequently, what is happening in the U.S. is a form of cannibalism thus compelling citizens to deplete their savings just to meet their expenses; So much for luxury! The Oil industry profits are astronomical and at the expense of others. As for Silver will probably reach $40. this year.
Edited by Homer1
01/12/2008 9:22 pm
01/12/2008 9:22 pm
