muses of the moment

December 21, 2009

Gold at $5000 is a given

Filed under: Dollar Crisis, Fiat Currency, Gold and Silver Investing — totallygroovygirlfriday @ 7:24 am

From John Williams at Shadowstats.com, inflation-adjusted gold is over $6,000. If gold goes into a bubble or we have a global currency crisis, the sky is the limit. But for now, focus on these numbers for investment. Gold at $6,000 means inflation in prices and devalue of the dollar.

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