Posted on 07/19/2013 2:15:15 PM PDT by Errant
Coule be a Reflection of all the Gold coated Tungsten Bars that exist....
YOU CAN’T EAT GOLD. THERE WILL BE TIMES WHEN GOLD CANNOT EVEN BUY FOOD. THOSE TIMES ARE A’ COMING.
In the charts, note that the precipitous drops coincide with zero’s reelection.
Reckon the well to do knew something most others didn't?
I’m afraid you’re likely right about those times a’ coming...
they’ve been doing what they can to duress the price... unfortunately, the demand far outstrips their supply.
expect gold to start heading to $2000
“DHS Insider – Watch The Metals, When They Dip Things Are About To Happen – The Next Economic Shock Was Coming And The Metals Would Be Taken Down In Advance Of That Event. Are We Getting Close?”
April 12th, 2013
Mention of July was specifically made in this article.
expect gold to start heading to $2000...
Try $600. The world is in a deflationary spiral. Watched China lately?
“Try $600. The world is in a deflationary spiral.”
Did Bernake shut down the printing presses?
Mr. T did have a great physique. It’s easy to overlook that, but he’s really a classic perfect old school muscle man.
$2000 in current dollar valuation
if gold drops to $600, gas would drop from $3.80 to $1.90. I’m pretty sure that’s not happening any time soon
There can be no "deflationary spiral" till the world's central banks stop increasing the money supply. China has not -- what are you talking about?
Plus, from the looks of it, he now owns more gold than JPM!
For the deflation theorists, this is a must listen interview of Harry Dent on Trunews.com last week: http://www.trunews.com/Audio/7_16_13_tuesday_trunews2.mp3
At then end, he even mentions $200. I own at least one of his books. Not too sure how accurate he will be this time. Everyone is predicting trouble ahead at least. So much depends upon what the central banks do. Keep in mind that the FED is in reality a private group of banks. It's in their ultimate interest to protect the only product they have (control of the money supply), regardless of pressure progressives put on them to continue the spending.
I think we're about to find out very soon who wins and who looses - that'll be most of us here probably.
Anyone who sinks enormous amounts of savings to buy years' and years' worth of perishing food is not making a good investment. It only lasts so long....
Supply and demand for everything ultimately determines relative value. If necessary to prop up deflating bank asset values, central banks will print endless supplies of paper money whereas gold, silver, diamonds and other hard assets will remain scarce and tend to far out-value what streams from the printing presses over time. Every fiat currency over thousands of years has failed. The economic laws have not been repealed as digital fiat has replaced paper fiat.
That’s just plumb damn scary. Because it is happening.
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