Utah mountaintop manoftruth thoughts on the future price of Gold in 2011 and 2012 and maybe even 2013
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@manoftruth Question. I’m confused here. Currency is losing value, market will collapse, new gold discoveries will alter the price + materials are bad investments, what should we do with our money then ? Buy Bear ETF’s like FAZ maybe ? Please elaborate ?
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301301
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As the dollar plummets, the price of oil will rise, along with the cost to produce anything. . . including the mining and extraction of gold. It will take a meteor of pure gold slamming into the Earth to cause a significant increase in the gold supply at a low cost of extraction. Maybe that’s what you’re envisioning
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@manoftruth This is probably the best advice you can every give someone investing in these material thigs.
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@Shameonfed Wow, just posted a very similar comment and you answered it. So, I would venture to day the dollar will be of little or no value within about 5 years. I said within. Immersing myself in data for a few weeks will give me a clearer view. . . along with immersion in other types of understanding.
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@ Jonvssocrates?fluctions-
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IMO, Gold will collapse slightly before interest rates go back up.
6months-1 year left of ARMs to get through the system, and then interest rates up, gold down.
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At some point we will need to start thinking beyond the dollar to gold/silver ratio. I mean if the dollar is collapsing, there will be a point where it ceases to be a viable measuring tool for anything of value. It is almost incomprehensible, but it lies out there on the horizon somewhere.
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the same could be said about silver
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@manoftruth
On 0:37 December 2nd, let´s talk about gold? Video is from January 2nd, MOT.
Your clock is a whole month behind.
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@tschumm Sincerely, I haven´t unsubscribed, but I have seen his videos gone to shit. There is no substance since he started lisening to George 4 title on how to increase his base and turn his videos into money.
George 4 Title has gone to shit, big time. I unsubscribed from that lying scumbag long ago.
I hope MOT goes back to his days of glory.
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301301
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Beautiful scenery. thanks for the perspective. sure, as price goes up, more companies go to discover. but why do you think there are major discoveries not found?
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ð
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@ Manoftruth- ?F ? VIDVID- ?é
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?Bankster- ?
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301301
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yeah, what about silver discoveries ?
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Hi Brent, spending my “formative yrs” in Utah, I visited the Kennecott copper mine, back in the 60′s. Then went back in the 90′s with my family. What a mine. Take care.
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hey m o t. . does the same apply to silver?
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301301
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Notice when you talk about money you get way more hits
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As China cuts us off from their Rare Earth Metals and other Precious Metals, More Mines in the US are opening / reopening. Also with the Gold and Silver Prices as high as they are they can profit once more so they are rushing to re-open some. So I think some day this may happen. The Question is hope cheaply can they get to this new found metal.
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Excuse me MOT, ok if you think more gold will be found then where is your information to back this claim up?. you cant just say more gold will be found then not give a reason for thinking it. Peace out
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