Week Ending Thoughts on Gold
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In non-overcast areas of North America….situate yourself in a select South facing observation location….preferably a porch overlooking water. When situated as such imbibe and enjoy an August Blue Moon traverse the sky. Solve the Wolrd’s problems by the time the blue moon hides itself and win a prize!
My youngest daughter and I took the pooches out for a walk last night. The moon was absolutely beautiful!
Big Al
I keep hearing of the TAX increase on investments to come this January 1st. I hear it going to a and increase from 15% to 45%. How is this increase in TAXMAGEDDON going to affect the prices of Gold and silver? Is money contracting from all investments? Or is the prospect of QE to infinity going to boost investments?
Thanks and have a great weekend,
Lynn
LYNN….you only have to worry,,if you sell…do not forget, you can take a loan out, because, the banks are going to allow the gold to be a” tier one asset”…….think about it….another tax loop hole the big boys will employ….’
BTW….THE GOLD WILL BE MORE VALUABLE THAN THE REAL ESTATE MARKET…., this will be the next big bubble….say about 2017…or longer…so there will be a lot of opportunities to lend your gold to the bankers…..
Yeah and they’ll quickly not allow us to buy gold after that maybe….
Barry…..they will not be able to take away the gold, from the Chinese or Indians….
Absolutely correct, In the Box.
Big Al
Gold!!….Gold GOLD!!!….Gold Gold!!!……………”SILVER”…..The money of the people, That’s what you want.
Irish…..you got to get diversified…..that is what BIG AL SAYS…..
Final thoughts on gold, silver and whatever else the government can’t bastardize, print, debase or destroy: up, up and away!