Peter Davis

When Will Gold Hit $1000? Soon.

Posted by: Peter Davis on: February 11, 2009

I predict that gold will hit $1000 mark by the end of March 2009.  I’m so confident that the dollar is dying with all this deficit and reckless spending by our Government, that Gold may be our last resort to preserving our wealth.

There may be some resistence to pass the $1000 mark, but 2T in bailout money — that does nothing to solve the bankrupt banking system — will serve nothing more as a catalyst for higher prices.

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