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SPDR Gold Shares Message Board

  • pentium_six pentium_six Dec 8, 2009 1:14 AM Flag

    Russian bought tons of US Treasury and finally figured out is a dead end investment

    You think China & Japan hold tons of US Treasury ?

    Russia holds tons of it too and is no longer buying more US Treasury

    Russia's International reserve stood at $401.1 billion (3rd biggest) .. US Treasury about $140 billion (ranked 5th)

    Russia is not adding more US Treasury .. Russia is buying EURO, Gold, and etc.,

    China & Japan have no choice but to buy US Treasury.. they already in over their head.. they have no choice but to support the USD ponzi scheme

    Gold heading to $2000.00-$3500.00 within the next 2 years. I see Silver hitting over $100.00

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    • Why so low of estimates? It's not like they can create it out of thin air?

      Oh, wait a minute they do. I mean the US markets do just look at GLD & SLV and the CFTC and lets not forget Naked Short Selling. Bernie Madoff was/is America is all about. One Giant Scam/Fraud/Ponzi.

      Did I miss anything?

      • 1 Reply to biskut1958
      • US Treasury is nothing but a ponzi scheme supported by the FED, Japan, and the latest sucker China

        even Russia figured it out that the USD is nothing but a ponzi scheme

        China knows the USD is a ponzi scheme but they have no choice but to support it for now, if they don't support it the USD will dropped 30% from here at a very short time.

        USD is no different than Madoff .. the moment nobody buys it .. it goes to zero

        I'm sticking to my $2000.00-$3500.00 gold target within the next 2 years.

        I see Silver hitting over $100.00 in the near future

 
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