What’s this BUY GOLD frenzy? Grabe kung makapag-advertise.
They are spending millions of pesos with full page advertisements in leading newspapers several times a week. They must be earning millions from us Filipinos otherwise they would not spend tons of money paying for the giant advertisements.
In the US, there are representatives that go from house to house like Tupperware parties. The host gets several hundred dollars guaranteed commission, some earn a thousand or more by inviting friends over to her place with their unwanted gold, silver, platinum.
Do they have billions of dollars that they want to convert into gold or precious metal? Where do their liquid cash come from? May I know so I could get some for myself too?
Hello Ms. Annie. ISang short na background. In 1971, itinigil ng Fed Gov ang gold standard ng pera. Ibig sabihin nag imprinta sila ng dolyar ng walang backup ng ginto ganito na rin sa lahat ng bansa. This allowed the economy to develop at a very fast phase. Fiat currency ang tawag dito. Never in the history of the world that a fiat currency did not collapse. NOw they are planning for a new currency backed by gold. the dollar is collapsing because of that Quantitative Easing. Sinira ni mr. Bernanke at ng amo nya ang dollar. They did not allow the free market to correct by itself in 2007-2008 crisis instead they bailed out at inutang nila ang pera ng future generations nila. Ang dollar index ay nasa down trend ang charts habang ang ginto ay pataas.
to the readers pag isipan nyo mabuti kung ibebenta nyo ang ginto nyo.
Jeg, the information you provide is very educational. I am learning a lot from your comments. Thank you.
In demand din dito ang gold/jewelry buying, a website ( http://www.circa.com) was featured on the news a week ago.
Correction it is : http://www.circajewels.com and they also have locations sa Asia.