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Yamana Gold, Inc. Message Board

  • naga00 naga00 May 27, 2006 12:45 PM Flag

    Do you really want to see $8000 gold?

    If that happens a loaf of bread will cost $500.00--Society will collapse ! Will you eat your gold and wash with your gold! I am long gold stocks but some of these old men are already floating!
    nxg,tgb,auy,auq.v

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    • Bread won't cost 500 bucks per loaf. Granted, we ar going to hyper inflate, but not to that extent. The U.S. will use the price to go back on the gold standard.

      In addition, I am currently in escrow for my place in the carribean, so I have aticket out of town with accounts in a few banks down south. I am also pplanning a trip to Canada in 4 weeks to deposit some cash.

      Whether I want $8000 gold or not means nothing and is not the point. We should not shoot the messengers, only figure out what is happening.

      BTW, we will see some sectors deflate while others inflate. I suspect the deflation will be real estate in the U.S. It should inflate overseas and inthe carribean. Japan looks like a good place to buy property rightnow.

      At anyrate, I think Turk, DInes and a few others are correct.

      Gold and silver to rocket!

 
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