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11-20-2009, 01:42 PM #1
Senior Member
Gold will go $1,500/ounce this year
Not investing *ANYTHING* in gold, or anything to do with Wall Street. What goes up, must come down. There is no basis, rhyme, or reason for the markets to be where they are now..... other than lies and greed.
The US does *NOT* run on Wall Street, it runs on small town, rural America. The biggest obsticle for economic recovery is the price of gasoline at the pumps.
Last Feburary, when gas was $1.50 at the pumps, my company had a record month, and I was lookig at hiring a full time Master Technician, and a full time helper, as well as an office person to keep up with the demand. I had a 2 week backlog just on service calls, and had a backlog on comfort system replacements. In mid March the price went over $2.00/gal at the pumps, and everything stopped. Traffic on the roads dwindled down to nothing, folks stopped spending in stores(other than essentials), my company phones stopped ringing. Instead of hiring, I had to let 2 people go, and now can barely afford to write my own salary check.
The only reason the price of gasoline went up is because the speculators saw that money was starting to move, so the greedy bastards jacked the futures prices.
The oil companies have shut down over half of the production platforms in the Gulf of Mexico, and the refineries have reduced their output by 80% or more.... all in an attempt to keep the price of oil up. Add to all this....the idiocy of our elected officials, and there free spending with our hard earned tax dollars... Elected officials should only serve 2 terms.... the first elected, the second...in jail.
Do a little homework... then tell me I am wrong.Mississippi Steve Reviewed by Mississippi Steve on . Gold will go $1,500/ounce this year Here is a whole page advertisement in San Jose Mercury News on August 24, 2009: Cash for Gold comes to Cupertino With unemployment and foreclosures at a record high in California, ARC Capital Investments will host another fun, safe and lucrative cash for gold purchasing event here in Cupertino to help stimulate the economy. Many people are already very aware of the benefits of such an event due to the many advertisements on television, radio and the Internet. ARC Capital Investments, a Rating: 5
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