ATTN NIKOO - Gold, page-2

  1. 1,816 Posts.
    re: ATTN NICKOO - Gold Once in three decade opportunity to make some serious $$$???

    YES, it is.

    The credit bubble, The USD bubble, and the asset bubble are all interrelated.

    The destruction of one will lead to the other two also falling.

    Falling asset values lead to economic caos- look at Japan.

    It leads to loss of confidnce and a vicious circle of debt defaults, forced asset sales, and more debt defaults as a result of total collateral in the ecomony falling.

    In this environment gold prospers... and unhedged gold stocks are a perpetual option (ie leverage) to the gold price.

    Gold will be rising as all other assets fall in value... and gold stocks will be rising even faster.


    This means that not only will you be riding the mega gold cycle up, but when it comes to the time to exit, you'll be in a position to buy other asset (real estate, stocks, etc) at a cyclical trough.


    Big structral shifts in the credit/asset cycle do not happen often, however, i believe we're on the cusp of one in the near future that has the potential to make some serious $$$ for those positioned correctly.

    ie. for those individuals holding undervalued, unhedged gold producers.
 
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