tag:blogger.com,1999:blog-6213093208529982391.post2704509209088194073..comments2024-01-21T05:21:53.264-10:00Comments on The Cautionary Revelation of The Apocalypse: Buy Gold nowThe Cautionary Revelation of The Apocalypsehttp://www.blogger.com/profile/15821985631020193972noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6213093208529982391.post-6389098859863099772009-08-11T06:04:59.361-10:002009-08-11T06:04:59.361-10:00Yes, I can say with absolute certainty it will get...Yes, I can say with absolute certainty it will get a lot worse in the US and UK which will have consequences pretty much everywhere. That we are going towards very large inflatory numbers and/or very high interest rates is also absolute certain. Most stock markets are overvalued and then we have the artificially low interest rates that are creating housing bubbles, among other things. The dollar is in deep deep trouble and I cannot see how that currency will not collapse completely. So the question is not IF it’s going to get worse, the questions are when the shit will really hit the fan, how much worse will it be, and how long will it last. Here I can be wrong since countries might start doing the right thing in the future, but I have very slim hope of that so it’s going to turn very ugly, in all likelihood it will make the Great depression look like nothing which in turn will bring forth many other fun things…Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6213093208529982391.post-86601419623735381052009-08-11T04:44:03.874-10:002009-08-11T04:44:03.874-10:00So you really think things are going to get worse?...So you really think things are going to get worse? I have to admit I've been looking at the housing situation and debt issues we are in as a nation and I am thinking that things could indeed get worse. Plus the Government's moves to encourage personal debt and increase their debt really doesn't help much.<br /><br />I think Silver has a really good chance of seeing some major profits. Gold too, though I think 5,000 is a bit much. I still expect to see it over 1000 this year in the next couple of months.<br /><br />Since this began in earnest last year when I began tracking the daily gold and silver prices with the widget ExactPrice ( http://www.learcapital.com/exactprice ) my feeling has been that come the last quarter of this year we will start to see inflationary teeth.Anonymousnoreply@blogger.com