Goldman, once warning of $200 oil, sees $45 in 2009...WORTHLESS ANALYSTS!!!!!!!!
- Thread starter S2007S
- Start date
Quote from KMAX:
On the lighter side, Pelosi has said that she will bailout the oil companies if oil drops below $35 a barrel.
Yeah, all the fly-by-night oil exploration companies. Lets just hope Gold doesn't tank ... 'cause then we'll be bailing out all the marginal gold miners also.
4 reasons why I think Gold price will crash to $400 - $500 per ounce within 2 months-:
1) "Worldwide central banks" who have invested Trillions of dollars in Gold, they will sell "Gold reserves" to earn cash/currency. http://elitetrader.com/vb/showthread.php?s=&threadid=147136&perpage=6&pagenumber=1
2) India is the biggest consumer of Gold in this world. There will a full-scale war between India and Pakistan within 2 months. Both of them have Nuclear weapons.
3) Worldwide people are poor because of "Mortgage, Banks and worthless-Giant companies Crisis".
4) Al-Qaeda has been silent for past 7 years. There is always a "great silence" before a massive storm (nature's rule). I think there will a massive terror attack on USA and Europe any time now. It will be bigger than 9/11 attacks.
A quick off-topic: Maria, I'm trying to reply to your question about 5Y but apparently you disabled either email and PM channels...
Bernard