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Hampster
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13 Reasons Why Gold Will Hit $5000/oz

- Jim Willie CB - Hat Trick Letter

Nice article, however, usually when articles come out and flood the marketplace with claims of gold and silver prices jumping to very high prices its a very very very good indicator that the prices will fall ... Silver has had a very good run of roughly 30% since reaching a low of roughly $18.50 on June 27th. Be happy with this return and don't look for $60 silver or $5,000 Gold they are unrealistic goals.. Not saying his article is wrong its possible i guess but not likely anytime in the near future. And if Gold were to go up to $5,000 soon it would mean inflation has gone bonkers and a loaf of bread will cost $100 or more taking a huge bite out of the spending power of your gold and silver holdings.

Commented 3889 days ago

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Beginning of the headline :Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons. Given the extreme situation in the last few months, the entire outlook has changed. The gnarly intractable crisis began in late 2008 when Lehman Brothers failed, Fannie Mae was nationalized, and AIG was given a nationalist prop. In the last several months, the crisis has entered a new ele... Read More

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