Posted on 11/18/2013 5:40:14 AM PST by Errant
We ALL know where the prices will be in a few years. Plan according... ;)
I keep thinking about the Arab king who bought a few billion worth of gold. What’s he going to do with that wealth when the dollar collapses?
Eventually it's either a collapse in the value of FRNs or TPTB take us to war - the former being most likely, IMO.
The price fluctuations are just a way to control people. They already know what the normal responses are. I think you are right re the FRN’s. I don’t necessarily see war between us and someone else as high on the list of pushing events. Fighting between Iran and Israel may spur other events.
Why would they care where PMs are priced? How does that in any way expose their Ponzi?
You have to keep the prices suppressed for as long as possible. Eventually the inevitable price adjustment of PMs to fiat will occur. It will not be a pretty sight, I'm sad to say.
Okay, I imagined it. So what? The world didn't end.
were it probably would be if not for price manipulation.
What manipulation?
You don't think that would have consequences for fiat, the CPI, oil, and etc.?
How much of a typical person's purchases is impacted by the price of gold? Why would rising, or falling, prices for gold impact oil?
You have to keep the prices suppressed for as long as possible.
Hasn't the Fed said they'd like higher inflation? Why say that and "manipulate" gold lower?
Eventually the inevitable price adjustment of PMs to fiat will occur.
Over the last 2 years, the dollar has risen 50% versus gold. 140% versus silver
It will not be a pretty sight, I'm sad to say.
I agree, precious metal owners over the last 2 years have been sad.
Also, seems no matter how much the Fed prints now, it is having little effect on main street, as this chart indicates:
What manipulation?
By all means, do your own research:
https://www.google.com/#q=gold+and+silver+price+manipulation
About 789,000 results (0.42 seconds)
When one of my long-term holdings is down 33% to 50% or more, over the last 2 years, happy is not one of my feelings. I assure you. LOL!
By all means, do your own research: https://www.google.com/#q=gold+and+silver+price+manipulation
About 789,000 results (0.42 seconds)
Yeah, I love silly, baseless claims too.
https://www.google.com/#q=elvis+and+bigfoot+love+child
About 3,470,000 results (0.64 seconds)
Too bad, but understandable. A poor grasp of reality and foresight to plan for the inevitable downturns will lead to investment disasters. I suspect even worse for you after a couple of more years because of your faith in the dollar. It takes mental clarity and emotional stability to invest large sums. Luckily it's never too late to correct a mistake though. Perhaps getting a real job and giving up shilling for a living, especially on FR were most folks tire of your bloviating posts for the FED and big banks might be the answer.
Have you thought of becoming an obamacare "navigator" instead? Based on your posts, seems more inline with your natural ability and BS.
Nothing personal, consider it friendly advice in your struggle to overcome your unhappiness.
I know, can you imagine the 2 year drop in gold becoming another 20 year downturn. That would be awful!
I suspect even worse for you after a couple of more years because of your faith in the dollar.
I'm not holding a large position in cash, what makes you think I have "faith in the dollar"?
Perhaps getting a real job and giving up shilling for a living, especially on FR were most folks tire of your bloviating posts for the FED and big banks might be the answer.
I know that constantly correcting silly errors on FR seems like a job, but it's more of a hobby for me.
Nothing personal, consider it friendly advice in your struggle to overcome your unhappiness.
You poor girl, I'm sure gold will recover once QE ends.
Wow, You are delusional! LOLOL
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