"According to a poll by the London Bullion Market Association, 15 out of 29 of the world's leading precious metals experts believe gold will reach $750 an ounce this year." -MoneyNews.com

>>>All this tells me is that, with his profligate borrowing policies, his refusal to raise taxes to pay for the $1.2 trillion dollar war, and tremendous deficits despite huge borrowing, Reagan(Bush)-o-nomics has once again fucked us over. This time probably for good. But look on the bright side. We got a lotta new billionaires. Too bad their cash is in the Caymans, eh?

The London Bullion Market says that? Gee isn't that like Baskin Robbins saying the ideal weight is 375 lbs?

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why is your point. Stop wasting your time over hear and start buying gold

I wouldn't worry about gold prices. I'd put my money in the general metals market first. Steels, aluminum, titanium, etc. These can be bought in larger quantities but lower initial outlays of cash. Do you realize that the costs of titanium has increased 4x in just one year? The profit margin on just titanium makes gold look like a poor investment.


Why are these metals becoming more expensive? Simple, China is now becoming a major player in the world manufacturing markets. Raw materials are the life blood of modern industry. Why do you think Japan needed to wage war in the 1930's? Raw materials, baby!

Bush and Regan are not the same economic beast. Bush has increased the size of the state. Regan did not. Besides I can hardly think you can blame monetarism for "fucking you over". I suggest you buy some Gold if your so concerned over its rising price. At least then it won't go to the Caymans I presume.

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Remember that you are an Englishman, and have consequently won first prize in the lottery of life.
- Cecil Rhodes

All that's necessary for the forces of evil to win in the world is for enough good men to do nothing.
-Edmund Burke

Bush and Reagan are pretty much the same economic beast. Both thought "deficits don't matter". Both thought it was better to defer the debt to future generations to cop a little short-term political benefit. Both liked to smear chicken feet in blood and wipe it on their foreheads. Yep, I'd say they are the same economic beast.

Btw, rising gold prices ALWAYS mean that the economic system is in deep shit.

no it doesn't. It means more positions in gold are being made. please leave the economics to he adults george

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Fear leads to Anger...Anger leads to Hate...Hate leads to Suffering.

When was the last time you made a transaction in gold? Withdrawn gold from an ATM? How about rec'd gold in change for a purchase?

MOST Dems are a fan of Gold Teeth. Does that count?

__________________
How soon do we get our rebates, free health care, lower taxes, better schools, and cheap energy?