Don’t Stand in the Way of the Goldwagon

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For the ones who have not jumped on the Goldwagon, it is not too late.

Since early July I have warned investors that we have seen the bottom of the 22 month correction and that gold and silver would rise dramatically from the end of August. Well we are here and this is the time to enjoy the ride if you are invested or to just jump on if you are not and then not worry. Because not only will this rapid rise continue in September but we will now resume the bear market in the currencies, especially the US dollar which will lead to new highs in gold and silver in the next 12-15 months. We could very well see $2,500 for gold and $70 for silver during that period.

Investors should not own gold for financial gains but primarily in order to preserve purchasing power and protect their wealth. But gold and silver must be held in physical form and stored outside the banking system.

Not only will we see a destruction of paper money in the next few years, but we will also see a destruction of wealth as well as a breakdown of the fabric of society as we know it today. The next 3-4 years is likely to be the beginning of events that will effect most of us.

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