1024x768 Normal 0 false false false /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} As you might have known by now reading my previous posts that I am the biggest gold bug in Sajha.  http://sajha.com/sajha/html/in... Here is what I am predicting based on the current trends and past monetary history. In August, the US Government will raise the debt ceiling requiring the Fed to print more money and flood the market with fiat currency which will send the prices of gold and silver on mega steroid this summer.  Those who are holding the fiat currencies as their savings would experience increasing losses in their purchasing power contrary to those who own precious metals, whose wealth will only grow day by day.  The probability of the collapse of dollar will be much higher. It is the right time to hold precious metals to preserve the purchasing power of your wealth as the global economy will shift toward next transition to new global reserve currency, away from the dollar.  You should hold on to your gold until the market will signal the holders of precious metals trading for other  undervalued assets like the property, real estates, securities etc. The end of the bull market is a long way to go.  Buy Gold Now !    

Nas · Jul 12, 2011 4:57 PM