Die Bar » How significantly will it

Better to buy it now before the price explodes and we are talking about gold in terms of thousands of dollars an ounce instead of hundreds. The Fed will try and print their way out of trouble Cheap Paul Richardson Jersey , which will cause hyperinflation, and Uncle Sam will be happy because his skyrocketing debt will cost less to service. The only asset of real value will be gold, which is finite. Panic driven demand will push the price beyond anything we have even thought of.


Sounds familiar? Only problem is I think it鈥檚 dead wrong. If you want to pay the current price of around $660 an ounce, by all means do so. But I believe you will be paying three or four times too much for it.


Don鈥檛 get me wrong. I am a gold bug at heart. Yes, I can see the day when gold will be thousands of dollars an ounce. But not before it falls to less than $200 an ounce.


In my book and newsletters I have used charts to explain the main reason for my bearishness on gold in the short to medium term. Every five wave move is corrected in three. Waves follow form, not the clock. Gold has been in a bear market for 27 years since its $875 high in January 1980 and it is far from over. The $740 high in May 2006 was only wave B. Not until wave C is complete can gold enter a new bull market.


Now what about the likely economic backdrop to the technical picture I have painted? Well, the title of my book is 鈥淗ow to Profit from the Coming Great Depression.鈥?So that probably indicates where I see the economy in the future.


Every depression in history has been accompanied by DEFLATION, not INFLATION!


The technicals and the fundamentals match. Gold does not like deflation. In a deflationary period, cash is king. So what if the US dollar falls against the euro or the pound or the yen? Why will that concern you if you earn your income and spend it in US dollars? You will only be directly affected if you are transacting in those other currencies. Yes, eventually import prices might rise. But for quite a time that will be more than offset against discounts everywhere as shopkeepers try desperately to keep the doors open. With each price drop your dollar buys more. Why would you want your money in gold, which pays no interest and is falling in value?


Don鈥檛 worry, when I think the time is right to buy gold I will be screaming my lungs out (well, maybe my keyboard). But that time is not now. Even in the near future I can see gold falling below $500 an ounce. And yes, this should coincide with a rally in the US dollar.


And don鈥檛 forget: In 2001 I was screaming out my recommendation to buy gold when every man and his dog had cast it to the scrap heap. The gold price rose from not much above $250 an ounce to almost $750. I am not always bearish on gold. It鈥檚 just that, like any other asset, there is a time to buy it and there is a time to sell it. Now is not the time to buy it, in my opinion.

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For 1 purpose or one more I took it on myself to find out as significantly as possible concerning the new iPhone 5, so I can disseminate this understanding. What I get out? Non-Apple cell phones to find out the benefit, I can support rid the globe less (* cough cough * HTC Evo).


If the iPhone four was not innovative sufficient, the iPhone five to enter the world of mobile phones revolutionize. Here is why:


One with the biggest rewards of proudly owning a new iPhone five, even though the dual-core processors, that will come in super-fast download speeds. Not just that, but it will integrate smart cards even more graphic that gives you a far better video clip and nonetheless pictures. As if twenty gigawatts already gazillion megapixel iPhone four was not enough …


For now it appears that the new iPhone will probably be operating at five on the 4G network (instead of the usual 3G). This means that some of the most common carriers, for any method to get Sprint, T-Mobile, and maybe AT & T and Verizon. But we all have a lot of complaints concerning the network of AT & T in the past, so I’m not sure how many people would choose to go with them for the new iPhone.


In reality, one cause for the increase within the jailbreak of the iPhone 4 AT & T network had too numerous problems with it. Instead of jailbreaking with AT & T takes a lot of people have landed their mobile phones, a fair deal given that you get free ringtones, themes and applications when you jailbreak your phone.


In addition, all phones based on Android, says its with the new iPhone in 5 delirious competition are fully capable. They will not even arrive close to offering the functionality in the new iPhone when it comes out.


If you consider buying the iPhone 4 you will likely be greater, rather than waiting for the iPhone five, as it should be out soon this year. Right here are many of the expected features:


– iPhone 5 is expected to face recognition have security so you do not have to steal other people on the phone and tried to use it worries … That is, unless they steal your face. (Anyone seen Face Off?)
– Video chat on a 4G network rather than a slow 3G
– Much better overall design from the body of the phone. It is even thinner and have a shiny black pieces.
– Shatter and scratch resistant screen
– Down model is equipped with 32G 64G of space and main memory. I’ll be able to shop my entire computer model from the iPhone fifth Yippeee for me.
– Longer life battery – up to 14 hours of talk time on 3G, 7 hours within the 4G. At 14 hours talking with my girlfriends, I’ll just 10 hours of sleep = (
– HD Audio – The audio quality is going to be extra crispy.
– GPS – you’ll never be lost or to down load one of these GPS applications stupid.


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