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Gold to Challenge +2400% Gains of 1970's

 
10TrillionCEO
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03/14/2012 02:56 AM
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Gold to Challenge +2400% Gains of 1970's
The Chairman of the World Gold Council expects gold to "skyrocket" in the months ahead. In 2012, Gold is the asset of choice!

Gold makes the most sense when government, corporate and personal debt levels are higher than during the Great Depression.

From Europe to China, the U.S to Russia, those in "the know" are making the move, expecting gold to challenge the +2400% gains experienced during the 1970's under less severe economic conditions.

Estimated $57 Trillion is invested in Gold worldwide.
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10TrillionCEO  (OP)

User ID: 12487037
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03/14/2012 03:00 AM
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Re: Gold to Challenge +2400% Gains of 1970's
World economy suffers loss of $6 Trillion when gold price falls 10% because $57 Trillion is invested in gold worldwide.

So make sure gold price goes up +10% every day so that world economy keeps earning $6 Trillion profit every day.
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10TrillionCEO  (OP)

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03/14/2012 03:05 AM
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Re: Gold to Challenge +2400% Gains of 1970's
In year 1980, Gold price was $850/ounce. So today Gold is $20,000/ounce inflation adjusted.

By now gold should be $3,500/ounce. It is available at dirt cheap price.

How will world economy survive if Gold does not reach $20,000/ounce by December 2012??

I do not understand this.
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