Topic: There will be Panic into Gold: Doug Casey
Sojourning_Soul's photo
Wed 10/31/12 05:29 AM

http://www.kitco.com/KitcoNewsVideo/index.html?v=12-10-26%20Doug%20Casey_1

Conrad_73's photo
Wed 10/31/12 08:14 AM
Soros has been buying Gold for a while now!
Wonder what Deviltry he is up to!
Goldbuyers have sprung up here all over the place,regardless of the high price!
They have even set up temporary Shop in Restaurants!

Soros getting rid of Shares and buying Gold might not mean anything,bt that Guy foes everything for a reason!

metalwing's photo
Wed 10/31/12 08:35 AM
When the Federal Reserve floods the world with paper US dollars, the value of the dollar goes down and the price of gold, in dollars, goes up. I don't see that process stopping anytime soon.

Sojourning_Soul's photo
Wed 10/31/12 08:44 AM

Soros has been buying Gold for a while now!
Wonder what Deviltry he is up to!
Goldbuyers have sprung up here all over the place,regardless of the high price!
They have even set up temporary Shop in Restaurants!

Soros getting rid of Shares and buying Gold might not mean anything,bt that Guy foes everything for a reason!


It's all a precaution to the possible coming capital gains tax increases on equities. PMs are always a good investment, and since the FED doesn't consider gold is money..... it's always the better bet...