US losing confidence vote as investors flee

The Telegraph ^ | 3/17/2008 | Ambrose Evans-Pritchard

[dollarbull]

An ounce of gold has always been enough to buy a new suit and a nice pair of shoes.

The median-priced US home will sell for 1000 ounces of silver before this run is over.

[groanup]

What is the equivalen amount of wheat contracts?

[dollarbull]

What is the equivalent amount of wheat contracts?

Don't take this answer the wrong way, but who cares? Silver is going to have a much larger % rise from here to the top than wheat will.

[groanup]

Don't take this answer the wrong way, but who cares? Silver is going to have a much larger % rise from here to the top than wheat will.

I care. I can't eat silver.

A friend of mine was interviewing for a sales job at Kidder Peabody about 1983. He was telling the boss that he had some terrific technical work. The Boss asked him where bonds were going. My friend answered: "up". The boss got on the phone and, very loudly, gave an order to buy 10 bond futures contracts for his personal account.

He hung up the phone and told my friend: "They'd better. I'll call you in two weeks about the job."

[dollarbull]

I care. I can't eat silver.

If silver is going higher than wheat, you sell your silver for wheat....what's the issue?

A friend of mine was interviewing for a sales job at Kidder Peabody about 1983. He was telling the boss that he had some terrific technical work. The Boss asked him where bonds were going. My friend answered: "up". The boss got on the phone and, very loudly, gave an order to buy 10 bond futures contracts for his personal account. He hung up the phone and told my friend: "They'd better. I'll call you in two weeks about the job."

That's interesting, but the price of a bond trade 2 weeks later is a coin flip. I'm talking about the top of a secular commodities trend a few years from now

[groanup]

the price of a bond trade 2 weeks later is a coin flip.

Exactly.

I'm talking about the top of a secular commodities trend a few years from now

Another flip.

[Toddsterpatriot]

Did he get the job?

[groanup]

Yup. Then his “technical genius” got fouled up, he lost a bunch of money for an institutional client, and he got fired and sued. LOL.

[iThinkBig]

How do you believe they will end? We will all submit our ahthority to a one world government when 1/2 the globe doesn’t believe in freedom and helping his neighbor? Great and good change always comes from pain. While I would love to think we can solve our own problems without pain, history shows us otherwise. We are not that bright of a species but feel we’re masters of the universe. How long did it take modern man to invent the wheel? 80,000 years?!?!

[iThinkBig]

Their is a quite a gun you can buy for $2,800 on the market, right now. It kills tanks. Why, you going to be the new Bob Dole coming in to keep us down? LOL. Yes, it is going to be a bitch. The ‘Greatest Generation’ went from a bunch of drunk binge partyers of the Roaring Twenties, to the best leadership on earth man has ever seen by the end of WWII. I prefer to learn from the lessons of history but unfortunately, I am a minority.

[dollarbull]

It ain’t over until it’s over. Probably another 3 years to go for this prediction to hit. I’ll be buying quite a few houses after I sell my silver.