GOLD 0.51% $1,391.7 gold futures

is this an insiders driven run?, page-12

  1. 6,257 Posts.
    re: is this an insiders driven run?no crystal ball ...analyzing the world wide status quo I would say it is highly likely that the price of gold will keep on going up at least for next six months...a severe devaluation of the US$ is getting closer everyday...the world economic situation shows a powershift away from the Us while the alliance of most european countries with Russia, China, Iran, India, Pakistan,Turkey, and Syria are taking control of Central Asian and Middle Eastern oil and gas fields; it looks like the US$ may not be the world trading currency for much longer (especially not for oil and gas trading (Iran opening world oil exchange in March next year, preferred trading in EURO..maybe euro taking over from US$...certain is that the US$ will be under extreme pressure not if, but how soon.oil won't become any cheaper...I expect it to rise & rise short and long term...supply won't be able to cope with demand....the US are facing hard economic times..have a lot of debt to pay off and are about to loose their empire for good...already china has become the engine of world economy...the US is losing the battle for world control and may be in very dire straits for any number of years to come??
 
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