Posted on October 12, 2009 by MoneyBob
Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.”Rogers’ confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world’s reserve currency.”Is it going to happen? Yes,” Rogers says. “I don’t like saying it [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Diamonds, Dooms Day, Economy, Gold, Inflation, Interest Rates, Investing, Jim Rogers, MoneyBob Postings, Oil, Retirement, Saving, Silver, Stagflation, Stock Market, Taxes, The Fed, US Dollar, Uranium, Work, Yahoo Finance, currency, economics | Tagged: Commodities, Credit Crunch, Deflation, Depression, Dollar, Dooms Day, economics, GLD, Gold, Inflation, Investing, Investments, Jim Rogers, Life, Marc Faber, Mortgage Debt, Stock Market, Thoughts, Work | Leave a Comment »
Posted on March 1, 2009 by MoneyBob
I just found this site, and it is a very good read. Take a look on his opinion on Gold and paper currency devaluation. I think it could happen.
Decision Moose, by William Dirlam
Check out his site at www.decisionmoose.com
Moose favorite, gold, is tightly linked to the health of the financial system. This week, as the [...]
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, Gold, Inflation, William Dirlam, currency, economics | Tagged: economics, Economy, GLD, Gold, William Dirlam | 1 Comment »
Posted on February 18, 2009 by MoneyBob
Treasuries and the U.S. dollar are not the only instruments benefiting from risk aversion.
Gold could be considered an even safer ’safe haven’ if it weren’t for its susceptibility to speculative excess. But that didn’t stop strong demand for a safe haven and a store of value from pushing gold up to the $967/oz level [...]
Filed under: Gold | Tagged: GLD, Gold | Leave a Comment »
Posted on November 25, 2008 by MoneyBob
Eve of Destruction: How the Financial Crisis Was Built Into the System
by Robert Kiyosaki Posted on Monday, November 24, 2008
How did we get into the current financial mess? Great question.
Turmoil in the Making
In 1910, seven men held a secret meeting on Jekyll Island off the coast of Georgia. It’s estimated that those seven men represented [...]
Filed under: Bankruptcy, Deflation, Dooms Day, Economy, Gold, Inflation, Investing, Robert Kiyosaki, economics | Tagged: economics, Economy, GLD, Gold, Inflation, Life, Personal, Personal Thoughts, Play, Work | 1 Comment »
Posted on October 20, 2008 by MoneyBob
On 10/16/2008 – Bought GLD at $80 per share.
SPDR Gold Shares (GLD)
SPDR Gold Trust (the Trust), formerly StreetTRACKS Gold Trust, is an investment trust. The Trust holds gold, and from time to time, issues the SPDR Gold Shares (Shares) (formerly streetTRACKS Gold Shares) in blocks of 100,000 Shares (Baskets) in exchange for deposits of gold [...]
Filed under: Credit Crunch, Dooms Day, Economy, Gold, Inflation, Investing, Mining, Saving, Silver, economics | Tagged: GLD, Gold, Inflation, Investing, Investments, Metals, Mining, Money, Silver, Spiders | Leave a Comment »
