Why Gold will skyrocket in 2011

 11 Reasons why Gold will shoot up in 2011 - Richard Young / InvestorPlace.com

1. Euro is dead : Sovereign defaults from Ireland to Slovakia - driving panicked investors into gold.
2. Asia can't feed itself : Food shortages lead to huge social unrest & panic gold hoarding.
3. China will shake Dollar : China remains unable to supplant Dollar's role as reserve currency, but will flex its muscle - sending investors skittering for gold.
4. So debased is Dollar, only gold left as viable currency : Central Banks alredy reversing dump-gold policy & becoming net buyers.
5. Us or Them : Fiscally healthy countries, fed up with supporting sick ones, & sick ones fed up with onerous repayment terms, split the world - sending gold sky high.
6. No one trusts the Swiss - not even the Swiss !
7. 10 million homes & $1.5 trillion potential loss facing Banks : massive new bankquake threatening to rock America.
8. 11 States technically bankrupt : & must acknowledge fact in next few weeks - or cease to function as independent entities.
9. No evidence of budgeting restraint in Washington
10. Forced to beg from foreign creditors to keep afloat - yields will skyrocket drastically in 2011.
11. Massive Inflation - becomes only course open to Fed. Expect 10%,20%,50%,or higher ...