Showing posts with label Year end Gold. Show all posts
Showing posts with label Year end Gold. Show all posts

Saturday, December 31, 2011

TRENDS in The Past 11 Years

Source:  Visit Zerohedge for more charts on trends.


















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For those that believe gold cannot possibly go to $3,000 or $10,000 USD, please consider the hyperinflation period in Germany (LINK) during the early 1900's. Back then the German Mark was a very powerful and globally recognized currency as the U.S. Dollar is today, and you can see how printing money and/or expanding the balance sheet of a country via bailouts, stimulus, quantitative easing or whatever? It all has the same effect on commodity prices in general, especially GOLD!