Gold at $3000 an Ounce You Bet!

[clararobert]

What ever happened to the summerAlphanation Combat Fighterrecovery of 2010. Well it never happened. The US and other countries are now collapsing. But many people are now looking for a safe have for their money. Which if you look back in history is point to gold and commodities.

After the stock market crash of 2008, we are now seeing the after effects. The global meltdown of 2010. The crash of 2010 is happening. We are looking at a currency crisis. In an effect to increase exports, countries are devaluing their currencies. So this is sending gold up sky high. And this will continue further on down the track. These countries are trying to drive their currency prices down, so they can export more.

A lot of the smarter money out there are moving out of paper currency and moving into hard resources like gold and silver. They know what is happening and do not want to be caught out if there was indeed a currency crisis to play out. So it is always a smart move to follow what the smarter money out there is doing. As they know what is happening and what is coming always.

The government keep changing the rules to bailout the big guys on wall st and their banks, and this is just helping devalue the prices of US currency and send gold up sky high. You don't have to be a genius to guess if this is correct, because it is happening right in front of our eyes. Adjusted for inflation, it means the right now, gold should be trading at about 2400 hundred dollars and ounce. So there is no reason why gold can go significantly higher from current levels.

So if you are one of the ones that are indeed realizing the collapse of America is here. You can do yourself a favor and get into to and investment vehicle that is one of the safest. As the saying goes, all that glitters is gold.

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