Friday, August 19, 2011

Chart of a $100 Gold upswing

As you can clearly see, panic in the markets is causing a huge rise in the price of gold as investors seek safety, but also look to exit fiat paper currencies, as they race to the bottom of history's dustbin...

Look at this snapshot of a $100 up swing ($1780-$1880)... And if you analyze just the red and green lines, you can clearly see a $90 rise over a very short 30 hour period...

This is just the beginning my friends and (as I've stated for several years) I see a hyperinflationary depression brewing - but, just like that mirror warning on the side of your car - it's much closer than it appears.


2 Comments:

At 8/19/2011 11:18 AM, Blogger Ancona said...

Glad to see you back Randy.

 
At 1/10/2013 9:28 AM, Anonymous QUALITY STOCKS UNDER 4 DOLLARS said...

Interesting stock chart looks like gold is moving.

 

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