$2000 Gold Forcast IN 2013...

"If demand continues to rise, which we think it will through China buying more gold, more investment demand for gold, (and) central banks continuing buying more gold rather than selling as they used to, I feel quite comfortable predicting that gold prices will within the next year be at $2,000, perhaps higher," Barrick Gold CEO Sokalsky said Monday 

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=161818&sn=Detail

 

On January 1st 2013 Gold goes from a Tier 3 Asset to a Tier 1 Asset which means Banks can hold twice as much gold than they could before and they can loan more to borrowers. 

http://www.mining.com/gold-to-rise-on-becoming-tier-1-banking-asset-84907/

(Stocks From 1987) Strange Similarity TO 2012 Charts

From an article of MarketWatch,
http://www.moneynews.com/StreetTalk/MarketWatch-Markman-stocks-1987/2012/11/11/id/463664?s=al&promo_code=10AC1-1

The Standard & Poor’s 500 Index slid 2.4 percent this past week. On the technical side, “credible people, by which I mean non-lawmakers, are noticing that the chart of the past year looks eerily similar to the one prior to the 1987 crash [see http://tinyw.in/MJVH],” he writes. Read more: Market Watch’s Markman: Stocks Look 'Eerily' Like Before 1987 Crash.

 Here are the Charts:
http://dropcanvas.com/3300n/1

In What Seems to be Troubling Times it's Important to Stay BALANCEDL

  When I was growing up (about 12 years old) I tried I picked up that thick book of books and tried to read just one page with such tiny print and realizing the time it will take to read one single page, I thought I would never read such things ever!

As I grew and matured I met a tremendous Individual (Dr. Jones) who dedicated their life to such study and I have been doing my best to understand what bible prophecy really means and how to apply it to today's world in our nation and our community as a people (individual) I absolutely believe in it is important to have a solid foundation within your self and try to really look at the big picture no matter what main stream media says.
 http://gods-kingdom-ministries.net/daily-weblogs/2012/2012-m11-november/kingdom-perspective-troubling-times/

 "Today’s war is more of an economic war than anything. Virtually all wars are fought for economic reasons, contrary to popular propaganda. The East vs. West war that is currently being fought is no different. Each side has two different economic visions. The Western system is based on money created out of nothing (“fiat”), while the East wants to bring in an asset-based currency. But such a change would destroy the power of the money-creators in the West." Dr. Jones

CHINA IN PERSUIT OF GOLD PURCHASES

China @ (1.8%) looks to increase it's Gold holdings more than the United States @ (76.6%) 'Bloomberg Gold is set for a 12th annual gain, supported by central-bank buying and record holdings in exchange-traded products as investors seek to preserve their wealth from falling currencies. The People’s Bank of China hasn’t disclosed any changes to its gold reserves since 2009, when it said they’d risen 76 percent to 1,054 metric tons. While the U.S., Germany, Italy and France keep more than 70 percent of reserves in gold."

Why The Economy is NOT Strong?

In a slower economy consumers genraly spend the same amount of money it really comes down to what are more and more people spending their money on? Simple. They are paying of their debts instead of buying that extra new outfit or going out to your favorite Resturant or even one less cup of coffee a week @ starbucks. Also with a not so strong dollar prices increase (inflation) while wadges stay the same hence spend less available money on what we need gasoline, food, electricity housing and getting out of personal debt and saving money in a bank. In conclusion with less availabe dollars due to the exceeding loss of purchasing power of the dollar combined with equal wadges to spend on items we want they must be spent on things we need which means a weaker economy as a nation.

Fiscal Cliff Explained

A great interview from a well respected gold and silver investor, I truly admire Michael Maloney

http://goldsilver.com/video/fiscal-cliff-explained-how-do-we-land-mike-maloney-gold-and-silver-inc/

USA CREDIT RATING LOWERED, IF DEBT CIELING RAISED (or not raised)

From a worldly perspective I believe this will slowly dissolve the USA's  image more and more of a world power house nations may look for another world leader, as well as a different currency.


" MOODY'S, FITCH WARN

Moody's Investors Service on Wednesday said it will wait until the 2013 budget process is completed until it decides whether to cut its sovereign credit rating for the United States.

But the agency's analysts have repeatedly warned that they must see progress on resolving the country's debt trajectory next year.

"What a budget deal might look like and what mix of revenue raising and expenditure cutting is used, we're frankly indifferent," said Bart Oosterveld, managing director at Moody's sovereign risk group.

"What will drive us to act on the rating is the path of the federal debt trajectory in relation to GDP."

Earlier this week, Fitch also said failure to avoid the fiscal cliff and raise the debt ceiling "would likely result in a rating downgrade in 2013."

Read more: S&P: 15% Chance US Will Drop Off Fiscal Cliff