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#255770 - 11/07/07 04:14 PM Belize Gold Production Update
Sir Isaac Newton Offline
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#255785 - 11/07/07 05:40 PM Re: Belize Gold Production Update [Re: Sir Isaac Newton]
Ernie B Offline
Gold production world wide is not keeping up with demand. The white collar, Mafia, gold controlers, have been caught up with. They have tried to surpress prices for years in order to control prices. They are losing. Look for gold to be in the $1500-$2000 range by June '08. Its about $850 today. Equity markets down, financial houses taking billions in write downs (with more to come), oil $100, inflated currencies have no value, its only paper. If the Feds want more money they simply turn on the press and print more. When we lost the gold standard in '71 every thing has gone down the turlit. You aint seen nuttin yet !
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#255798 - 11/07/07 06:46 PM Re: Belize Gold Production Update [Re: Ernie B]
pedro2
They've suppressed SUPPLY for years to control prices and they're still doing it. Seems pretty effective to me. Same story with diamonds.

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#255807 - 11/07/07 07:33 PM Re: Belize Gold Production Update [Re: ]
Don Greife Offline
What do you think would happen if Belize were to dump the dollar and go to the euro?
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#255810 - 11/07/07 07:44 PM Re: Belize Gold Production Update [Re: ]
Ernie B Offline
P 2, actually, its not depressed at all. A look back; Jan. 03 $310, Jan 04 $418, Jan 05 even, Jan 06 $550, Jan 07 $620, Today $830. Thats almost a 40% increase over 5 years or 8% annually. Most of that 40% growth is in play now. Thus, the white collar crooks are losing control. There are other factors aiding in the up spike other than thoes mentioned above. Number one on the list is that dreaded word "inflation". It is on the verge of exploding. As I said, "You Aint Seen Nuttin Yet" !
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#255812 - 11/07/07 07:51 PM Re: Belize Gold Production Update [Re: Ernie B]
Ernie B Offline
Don, the Euro will be the official trading currency thru out the Middle East (oil payments), China stopped investing in Treasury bonds. The dollar, thanks to the Fed/Wall Street, keeps losing to the Euro. China is about to release its warehouse funds trillions of dollars that will further beat the dollar. Look for another rate cut in December that will further deflate the dollar. Belize will not affect anything. JMHO
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#255953 - 11/08/07 04:54 PM Re: Belize Gold Production Update [Re: Ernie B]
Ernie B Offline
Get very comfortable folks, "TIB" (That Idiot Bernanke) is about spoon feed us more gibberish on our economy, or rather lack of.
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#255960 - 11/08/07 05:25 PM Re: Belize Gold Production Update [Re: Ernie B]
Ernie B Offline
OH, Woe is us frown
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Gun Control is Hitting Your Target.

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#256461 - 11/13/07 12:15 AM Re: Belize Gold Production Update [Re: Ernie B]
Wealthy Buyer Offline
The best you can do is to live in a place where you can survive without money where the temperature is like spring year around and you can pick fruit off the trees or buy food very very cheaply. Then all you need is love, Wealthy Buyer
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#256553 - 11/13/07 07:14 PM Re: Belize Gold Production Update [Re: Wealthy Buyer]
Sir Isaac Newton Offline
Please give me some of what he's got!
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