The gold rally is just getting warmed up, and I firmly believe will continue at least until 2007. My prediction is that we will place the value of between $ 3,000 and $ 5,000 per oz.
Forex Super King subscribers have experienced substantial gains from forex trading, with an average of 1,000 points (points of interest rates) by month, and a 100 percent return on shares purchased. As usual, we have recommended that the place of their profits into gold.
Here is an update Gold: The Federal Reserve announced it will no longer publish M3 data shows the amount of paper money issued in the U.S. In 1980, for each ounce of gold in the U.S., the system $ 6966 financial led. That's a total of $ 1.8 billion. In late 2005, total real money supply shot to over $ 10 trillion. That is $ 40,000 in circulation for every ounce of gold. So the question is: How much is $ 1 really worth it?
China, Japan and most of Southeast Asia are from the dollar. For the Chinese, a weak dollar is neither robust nor reliable. Yu Yongding, who sits on the Central Bank of China Monetary Policy Committee, said the China Securities Journal he was worried America would drop interest rates in 2006, putting pressure on the dollar and the yuan. China recently claimed by some 2.4 per cent of its dollar reserves to buy gold. China Galaxy Securities silence hinted Central Bank of China should quadruple its gold reserves in the very near future.
Here is an update of the money: In the long term, gold has been sold for the price about 30 times that of silver. In 1991, it took 98 oz of silver to buy an ounce of gold currently sells for 62 times the price of silver.
If gold continues its meteoric rise in value, there would be increased at least 700 percent silver. Silver is in demand in the industrial sector despite scarce. Unlike gold, there is still silver Exchange Traded Fund. To launch an ETF, a bank or institution Financial has done enough to buy the underlying asset (in this case, ingots of silver) to back each dollar invested in the fund. Barclays Bank is expected to launch an ETF silver soon, at which point silver will explode.
Forex Super King offers subscribers a plan of operations which can control up to $ 100,000 Silver $ 1,000. As the potential of silver has not yet been reached, are easily exchanged into other currencies and is ripe for trade.
Grespinet Claude is president and chief operating officer of Forex Super King.
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Article Source: ArticlesBase.com – Precious Metals Heat Up; Silver Set to Join Gold
What the HECK is going on with gold and silver? PART 2
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