How High Will Gold Go? I don’t know, but what I do know is that the price of Physical Gold will be A LOT higher than paper gold. Paper gold is set to be one of the largest disappointments in history. Those who see the currency crisis coming and have decided to position themselves into paper gold to “protect” themselves are still going to be caught in the currency fire. Paper is not a substitute to physical.

Demand has been very strong for paper gold and the paper ponzi scheme has been sucking demand away from physical, just as they intended when they rolled out various ETF’s and gold financial products. These vehicles have allowed the big banks to continuously short the metal as people pile in to this fraudulent paper. It has kept the gold price much, MUCH lower than it would be if all of these would be gold buyers would of gone out and bought the shiny yellow metal. As a matter of fact all of the Gold on earth would be bought many times over if all of the buyers bought physical at today’s paper prices. The paper gold market is enormous when you compare it to the physical market, the real gold market.

The rest of the “wealth preservation” paper financial products are also stacked to the sky with perceived wealth..ALL of this paper wealth is set to vanish! Lucky for us physical gold holders REAL WEALTH can neither be created nor destroyed do to paper financial wizardry. All of the parasites that suck this real wealth out of the system (I.E Goldman Sachs) via their paper products will get kicked off of the belly of the world’s economy as the wealth shifts from collapsing paper products to physical gold bullion.

All of the worlds true wealth must shift into something tangible, the sponge is going to be physical gold. The Central Banks and Giants of the world see this and they are beginning to shift their wealth from paper to bullion as the financial system evolves.

How high will gold go? The worlds wealth will be sucked into these golden poker chips that are scattered around the worlds table. How many chips will be in your possession is all that really matters when the next poker game begins. The $ price is meaningless!

    Posted in Investing from Investor on 2. Feb. 2010