Every American should buy GOLD !

By Jamy

No matter whatever undertaking you embark, always find a mentor ! Mentor is indispensables ! My investment mentor send me this post today !

Fears of dollar collapse as Saudis take fright By Ambrose Evans-Pritchard, International Business Editor.

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Picture Source, here

I thought I let you have a glimpse of my portfolio increase today : $3.5k

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How many of you can tell me you earn $3.5k a day ? even the best bloggers out there ?
But, I can tell you this “You ain’t see nothing yet” in this gold market !

Have a happy weekend !

Ooops : here is the link to the post.

6 Responses to “Every American should buy GOLD !”

  1. you earn hell lot! I think everyone should learn it from you. Keep more investment tips rolling in :)

    #1066
  2. Jamy

    Ha ha ha ha, Mayank, I will. The next few weeks, I am buying more gold and silver stocks.
    I believe the next 6 months is some of the best.

    #1067
  3. You earn a lot of money. :D

    #1068
  4. Jamy

    Nirmal,
    Yap, a once-a-life-time opportunity.
    Jamy

    #1070
  5. wow, that’s a lot in a day!! So what shld I buy 1st?? :P

    #1079
  6. Jamy

    Yes, BlurMommy, that is indeed a lot in a day.
    But, I think that is a very small figures in times to come. I sincerely believe we are only at the tip of credit crunch. I see gold going to US$1000/oz very soon.
    I used to participate in a Malaysian forum called Global Malaysian network forum, and I keep writing with confidence that oil will be US$80/barrel very soon. See it is less than a year period since I did my prophesy (ahem), oil is US$80/barrel and the Arabs are fleeing from US$D.
    I can only say we have not see anything yet. We will see gold up US$50 a day very easily soon and all the mid tiers gold stocks that I bought for $3-$4 5yrs back in another few years time will be US$300-US$500 a shares. Yes, and Jamy will become a gold guru sooner than you think, ha ha ha ha. Ok, jokes aside. I also trying to figure out what kind of gold stocks to buy now cos I was given US$100k to buy gold stocks by someone close to me recently. I bought a lot of my gold shares a few years back and have not bought a lot the last yr or so, only nibbling.
    Now with sublime loan collapse, RE price slashed more than 1/2 in some big cities like Miami (only 3-4hrs drive from me), things are going to go worst than we expected.
    In 2002, I bought a used 2001 car, the car dealer did not even take a single cents off from the car, today I walked into Toyota dealer center, without much negotiation, the manager just took off $500 bucks from the used 2006 Toyota from me. You can really see that things are getting harder for businessman than easy !
    My dad was in RE business and my bro is an architect, I learned from very young (since I have gigi, ha ha ha ) that RE is the 1st indicator of economy, when it goes, the whole chain of event is going to set off. Other business that link with RE (Bank, contractors that build houses, once contractor affected, all the other suppliers that supplier contractors goods will be affected then the whole spider web spread like wild fire)… When your family rice bowl depend on RE, you learned from a young age that don’t play play around with RE collapse !

    I can not tell you what stocks to buy right now because all the stocks that I owned already increased 300-400% from when I bought them 3-4yrs ago. I like to do research on stocks that have not gone up that much yet.

    Don’t worry I will post on this blog.

    Jamy

    #1080

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