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June 20th, 2012 
FAKE NEWS for the Zionist agenda 
Matthew Boesler
Business Insider
June 20, 2012
Societe Generale is “enthusiastic on gold” — so much so that in their latest cross-asset strategy report, they call “buy gold ahead of QE3″ their number one strategy, saying it’s “the perfect asset to benefit” from additional loose monetary policy.
In the report, SocGen discusses the historical relationship between the price of gold and the U.S. monetary base.
The SocGen team writes that “if gold catches up with the increase in the monetary base since 1920 (as it did in the early 80s), its price would rise to USD 8500/Oz,” adding that just “to close the gap with the monetary base increase since July 2007, gold would have to rise to $1,900/oz, assuming full transmission from the monetary base increase to the gold price.”
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4 Responses to “SocGen: Gold Could Surge Over 500%”
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Damn, I hope this comes true! Big smile!! Keep your worthless paper sheep.
Generally speaking, people do not give away their real secrets on making money.
If someone is telling you their buying gold it is to try and influence you so you will as well.
What is really happening here is one of two things…either they are selling gold because they know it as well as the rest of the “instruments of wealth” are over valued and want to dump it before they get caught in a down spiral….or they want to ride the coattails of a mass buying spree and cash out before the herd comes to its senses and sells off just as quick.
You might make some cash in the short term if your quick….but you would be better off using that money you already have to make yourself happy, safe, and secure rather than storing it in the most common substance on earth…….rocks.
upsidewaysdown Reply:
June 20th, 2012 at 12:26 pm
Ha ha ha, so , elven, gold is a common rock, eh? You’re a funny one. Gold is the most common substance on earth…..wow, is that why I keep finding bars of pure gold everywhere including under the cushions of my couch? Ha ha ha ha ha rocks! ha ha bha buah common rocks ‘is’ gold buuuaahhahahahahaha. yikes. Only on Prison planet
BLAH BLAH BLAH BLAH BLAH. ‘Buy gold before QE3.’ If that isn’t a major clue, nothing is. It’s very close now, folks. The cashless society is before us, and the words that frame the lies are meaningless. Gold relates to cash money IN NO WAY SHAPE OR FORM!!! They are telling their adherents that you must have gold soon or it’s going to get much harder. Time is running out.