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Message Boards Settings Seabridge Gold, Inc. - Quote Info
My take on the price of gold     28-Oct-09 10:33 am    
The printing of money by the Fed will cause the price of gold to spike because it will be impossible to sell our debt in the future at low interest rates. therefore we will have to raise the rates to attract future demand. why else would anyone, government included, buy or debt when it has a big chance of defaulting? based on this type of scenario the price of the dollar will crash vis a vi the other currencies. the U.S. has trillions of debt that will be never paid off, based on that the dollar will keep losing value vs gold. inflation won't affect U.S. citizens that buy U.S. products only, but it will affect the price of imports. comments welcome!
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My take on the price of gold
cliquor@pro...
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Not rated 28-Oct-09 10:33 am  
 
existing holders don't want high rates it makes th...
sthbnkrd Rate it 28-Oct-09 11:08 am  
 
that is true, but what will happen is the pri...
cliquor@pro...
Online Now
Rate it 28-Oct-09 12:34 pm  
 
-the problem is that roughly two thirds of gold pr...
Lexus10k Rate it 3-Nov-09 11:48 am  
 
Jewelry is good! Even the Obamaman wouldn't ...
bob_deloach Rate it 3-Nov-09 12:02 pm  
 
yes he would----and then "spread the wea...
Lexus10k Rate it 4-Nov-09 04:30 pm  
 
Gold chains would be a great store ...
bob_deloach Rate it 4-Nov-09 04:46 pm  
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Seabridge Gold, Inc. (SA)

Chart for Seabridge Gold, Inc. (SA)
On Dec 31: 24.27 Up 0.60 (2.53%)
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