Analyst: Dollar May Sink, So Look to $1,500 Gold
Aaron Smith, managing director at Superfund Financial, sees gold as a good bet as he believes it will rise to $1000 an ounce by year-end, and $1500 in two to three years’ time.
• The Great Bank Robbery of 2008
• Buffett buys BYD stake
Billion dollar fund manager Mark Tice says that the Federal Reserve’s ceaseless printing of dollars could cause gold to surge past $2,000 an ounce, while the Dow could fall below 5,000.
• Fight the bailout; stop the hostile takeover of the United States
• Bradford & Bingley Customers Ask Where’s Safest as Banks Vanish
• GOP Members Forging Alternative Bailout
• McCain Adviser: Treasury Doesn’t Need Congress for Bailout
• The Power of No
• If You’re Looting the Treasury, Give it To US
• FDIC Wants to Boost Deposit Insurance Limit: Source
• Home Prices in 20 Cities Declined 16.3%
A public watchdog database has conducted some interesting research into representatives who voted yes to the bailout bill, shedding light as to who their loyalties truly lie with.
• Putin blames US for world econ crisis
• Bailout Would Only Prolong Crisis: Jim Rogers