Gold going higher and higher – don’t miss the boat!!
Today gold is at USD$1340 an ounce and rising…….silver is at USD$22.80 and rising…..of course nothing goes up in a straight line and there may be dips and bumps along the way, however, you can be sure that gold will go over $1500 an ounce very soon. For those of you who are unaware of this one of the triggers for precious metals going higher in the not too distant future is the revelation that mortgage fraud is huge in the US and it is just being unraveled. It turns out that many banks do not have the proper title to the homes on which they are foreclosing and therefore they lack the legal right to foreclose. In a nutshell, the subprime lenders, trusts and banks did not keep good records and in two states there are now civil class action suits against them. This latest public information is yet another reason for the gold bull run we will see in the coming months.
Hold on tight, put your seatbelts on and get ready for the turbo charge!!
http://www.financemoneybusiness.com
Tuesday, October 5, 2010
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