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Thread: Gold $1700?

  1. #31
    Quote Originally Posted by oyarde View Post
    Looks like we are about 1654 .I doubt there would be much to buy out there under anywhere 1685 to 1705 or more .
    If you think gold has jumped about 10% in a couple of days to $1,638 an ounce, the official price quoted on Wall Street, think again.

    The real price? Nearer $1,800. If you can get it.

    “There’s no gold,” says Josh Strauss, partner at money manager Pekin Hardy Strauss in Chicago (and a bullion fan). “There’s no gold. There’s roughly a 10% premium to purchase physical gold for delivery. Usually it’s like 2%. I can buy a one ounce American Eagle for $1,800,” said Josh Strauss. “$1,800!”
    I compiled a "brief" history of events since October 2008 that are defining the global currency war and the role that gold is playing:

    Tin Foil Hats, Economic Reality and the Total Perspective Vortex

    Also, have you contacted your Congressional Rep and asked them co-sponsor Ron Paul's Rep. Paul Broun Jr.'s HR 1098 77: Free Competition in Currencies Act?

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  3. #32
    1800 seems reasonable . I don't think I would sell an ounce for less .

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  5. #33
    Anyway , something for the peasants to think about . 1800 is the real price of gold . Govt.'s just shut down your businesses for three weeks and the stimuli they offer you ( 1200.00) in exchange is less than an ounce of gold which was 35.00 in Jan 1970 . If govt can close the doors on your business whenever they like and offer you a tootsie roll in exchange then the peasants have let the govt.'s grow too large .

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