Skip to comments.John Paulson's Scary Speech: Double Digit Inflation By 2012, Gold At $4,000
Posted on 09/28/2010 12:34:11 PM PDT by blam
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I’m glad my grandfather bought me a little gold when I was born as opposed to stocks. I just wish I hadn’t gotten so many thirty year bonds. By the time I can cash them out they’ll be play money.
remember that those dollars will be inflated dollars, it doesn’t mean the gold will be worth more.
Ahh.. the money line. Of course.
I’ll bet he sells before $2400 and laughs when the price plummets.
Discounted cash flow.
That’s because you read too much from blogs whose purpose for existance is to scare you into investing in whatever they are pushing or getting kickbacks from.
Who is John Paulson, btw?
They’re just getting scared NOW? I’ve been terrified since 2008.
BTW, why would anybody who thinks gold is going to double in the near term TELL YOU?
Unless, of course, they are already fully invested, and now just need enough new buyers to drive the price up so they can sell later.
Just imagine the day that it gets announced that a major gold hawk has sold off their gold.
Yes but the debt I have now in dollars is not going to change as long as I don't add to it and I can pay it off with the money from my investment in gold.
Believe in Him and His divine Providence. It seems to work for my family. Of course, you are expected to pull your weight, so to speak. just a bit of Christian insight.
Paulson is very sharp. He shorted the whole housing this. He, Soros, JC Flowers and others helped elect Obama with the short/bear attack in the late summer of 2008.
Neither do I. But the uncertainty is one reason I don't want to see Republicans win BOTH house of Congress this year. We can slow/stop the progress toward total disaster with one house. Two will not help and will give Obama and the rats too easy a target to blame in 2012. Keep it at one and finish the job with Congress and the President in 2012.
Good. You should buy stock when you’re scared.
A formerly mid-size hedge fund manager of several decades experience who bet very big on a collapse in housing and housing related debt instruments. He made billions for himself and his investors.
Will you go post your own threads and stop whining about mine.
This is the 3rd consecutive day you've whined on my threads.
Gold will hold it’s value as the dollars become worthless. I am not a gold bug.
Thanks to idiots who watch TV which enables the muslim and Islam - the U.S. dollar and probably America are finished. The elites and Islamics can control the idiot masses with TV. Sports fan idiots are the easiest sheep to control in between the “dumb white guy” commercials.
Ok, here’s my question. If gold is going to be the substitute for currency as they claim, then why would those selling gold take the worthless currency for it?
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