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Gold Zooms: Huge Gains Ahead if the Hyperinflationary is upon us? PDF Print E-mail
Written by Peter Spina - GoldSeek.com   
Wednesday, 10 November 2010 01:00

Record Gold & Silver Prices, Traffic and 3 Gold Stocks: Gold Resource, Timberline Resources and Nevada Sunrise Gold

Are we now entering the hyperinflationary stage? It is estimated that in 2011 alone, the TOP 15 developed countries (US, Japan, UK, Spain, Greece, etc) will need to raise some $10,200,000,000,000 ($10.2 trillion!) to finance their growing debts. That is 27% of their combined economic output. Not 2.7% but 27%! The consequences will be felt through further monetary devaluations. In essence a big part of the overhanging debt burden is being paid off through an inflation tax for paper currency holders. How much longer will $ or € holders go without having real monetary insurance and protection against this inflation?

Plus:

Gold Resource Corp
. – Ultra Low Cost Producer, Soon to be the highest dividend paying gold stock?

Timberline (Gold) Resources Corp. – 2011 Gold Producer; Vertically Integrated Mining Company

Nevada Sunrise Gold Corp. – Nevada’s Next Big Gold Discovery? Drill Results Soon

....read ful story HERE

 
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