Posted on 07/31/2015 7:09:33 PM PDT by BenLurkin
There is definitely something wrong with the ozero economy. Gold tanking, silver tanking, oil tanking, jobs already tanked, etc... jimmy carter presidency squared!
Never too old to appreciate it.
Too bad.
There will be people 'off the reservation' whether anyone likes it or not.
This is why I ignore most conspiracy theories.... They ignore the obvious.
And make a lot of noise...
/johnny
And worth its weight in gold.
bfl
As the price of gold declines it becomes harder to buy and the premium does go up hereabouts.The two local purveyors of gold no longer sell it to walkins. Everything they can possible get is presold. Local doctors and professionals deposit money with them and take them more when their accounts get low. If China is not tapped out very soon $350 gold will simply transfer all the world’s gold held by large companies and by governments to China.
Gold locally is unavailable to people who have not paid way up front.
Don’t forget that the market price of gold is for paper gold. One of the contrarian indicators on this analyst’s theory will be easily seen in how inventories of physical gold bullion products (like 1 oz. coins) hold up as the price drops. I am betting that physical gold will dry up as the price drops and that below a certain price manipulation will be very difficult without producing other visible effects.
see:
http://www.investopedia.com/articles/07/contango_backwardation.asp
That’s my take.
If it gets to 350 its time to back up the trucks.
Yes, there are those that will stand up to the coming system. Christians, who will be persecuted and killed, and others, who don't believe in Christ, but will be persecuted and killed anyway because they will have the power.
The world is about to fundamentally change. I am not certain how, but I am reasonably sure it will happen soon. The US may be hit with multiple God induced disasters (earthquakes, tsunamis, floods, etc). Or, we may have a total loss of our power grid, or war.
In any case, the veneer of civilization is very thin.
I hope you are a Christian. If not, you will suffer as most will.
Pain is not optional.
Suffering is.
I chose not to suffer, even if I get the pain.
I don't know that non-Christians will get things worse. That sounds like speculation.
/johnny
As far as the rest, it does not matter. Your money. The size of your house or condo. Your apartment.b your job title. Your health plan. Your 401k. All of that is transient. What matters is where we are with Jesus Christ,
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