Silver and Gold....... Crash is coming soon. | |
Anonymous Coward User ID: 1401118 Australia 05/26/2011 04:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 1399640 United States 05/26/2011 04:03 AM Report Abusive Post Report Copyright Violation | |
lancifer93 User ID: 1343739 Canada 05/26/2011 04:06 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1401119 United States 05/26/2011 04:07 AM Report Abusive Post Report Copyright Violation | Just as soon as the US Gov't announces the end to all social entitlement spending and slashes military spending by 50%. Quoting: Anonymous Coward 1401119Until then, the US is running $4 to $5 Trillion in the hole yearly. The FED is forced to monitize (PRINT $3 to $3.5 Trillion yearly) buying up US papers that the rest of the world does not want. Then there is the EU mess that makes the USD look good by comparison. All fiat paper is in a race to the bottom. The shills on this site are being paid to scare you away from the only financial life boats in the world. You have been warned. People who are worried about "financial life boats" should not be concerned with buying a bag of gold. They should be investing in land (if they are so fortunate), themselves, food, tangible tools/machinery, and community/cooperative holdings. Sorry Charlie, but with your outlook they might as well be investing in social security. And we all know where that is headded. BTW. I got nearly $100K worth of tangible tools/machinery and the only reason I keep them is because I happen to be blessed with the personal skills to use them. Yes, I handle all my own: plumbing, electrical, welding, and carpendry needs. Living on a large estate my annual savings in repair bills more than justifies the investment, plus I personally enjoy the pleasure of doing things for myself. HOWEVER, for anyone not so tallented or inspired investing in tangible tools/machinery in and of themselves is a waste of purchasing power. Financial life boats are all about preservation of purchasing power! Anyone parked in fiat based investements should be worried, very worried indeed. |
Anonymous Coward (OP) User ID: 1399640 United States 05/26/2011 04:13 AM Report Abusive Post Report Copyright Violation | Just as soon as the US Gov't announces the end to all social entitlement spending and slashes military spending by 50%. Quoting: Anonymous Coward 1401119Until then, the US is running $4 to $5 Trillion in the hole yearly. The FED is forced to monitize (PRINT $3 to $3.5 Trillion yearly) buying up US papers that the rest of the world does not want. Then there is the EU mess that makes the USD look good by comparison. All fiat paper is in a race to the bottom. The shills on this site are being paid to scare you away from the only financial life boats in the world. You have been warned. People who are worried about "financial life boats" should not be concerned with buying a bag of gold. They should be investing in land (if they are so fortunate), themselves, food, tangible tools/machinery, and community/cooperative holdings. Sorry Charlie, but with your outlook they might as well be investing in social security. And we all know where that is headded. BTW. I got nearly $100K worth of tangible tools/machinery and the only reason I keep them is because I happen to be blessed with the personal skills to use them. Yes, I handle all my own: plumbing, electrical, welding, and carpendry needs. Living on a large estate my annual savings in repair bills more than justifies the investment, plus I personally enjoy the pleasure of doing things for myself. HOWEVER, for anyone not so tallented or inspired investing in tangible tools/machinery in and of themselves is a waste of purchasing power. Financial life boats are all about preservation of purchasing power! Anyone parked in fiat based investements should be worried, very worried indeed. Soon, gold and silver as a "preservation of purchasing power" will be a bad investment at these prices if one intends to use his or her money in the next few years. A lot of small buyers will have no choice but to do exactly that: sell at a loss. |
Anonymous Coward User ID: 1123078 Canada 05/26/2011 04:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1344979 United States 05/26/2011 05:46 AM Report Abusive Post Report Copyright Violation | Coming soon: Quoting: Anonymous Coward 1399640Gold: below $1000 Silver: below $20 The current value is dependent far too much on hype and hysteria. Major players are about to sell off en masse and it'll be a race to get out before it plummets. The first bubble is about to pop. Um okay, tell the 'major players' who are now China and India to stop buying. Man, Americans are so self absorbed with their shiite it's unbelievable. Get it through your head, you are a dying/fading empire. YOUR world is tumbling down, not THE world. We may be dying dude, but even so we'll be absorbing YOU. When the N Am Union forms, US will still be forefront, not Canadians. |
Anonymous Coward User ID: 1356045 United States 05/26/2011 05:48 AM Report Abusive Post Report Copyright Violation | Coming soon: Quoting: Anonymous Coward 1399640Gold: below $1000 Silver: below $20 The current value is dependent far too much on hype and hysteria. Major players are about to sell off en masse and it'll be a race to get out before it plummets. The first bubble is about to pop. PMs are not a bubble, dipshit. The DOW is where the bubble is right now. Anyway, it doesnt matter, because you should store your treasure in your memories, and not the bank. |
Anonymous Coward User ID: 1344979 United States 05/26/2011 06:15 AM Report Abusive Post Report Copyright Violation | So gold will crash but FIAT will retain its value and rise?! Here is how it could be possible. Since the 1960's the US had had a deal w/ OPEC where they wouldnt drill US oil and would buy OPEC oil instead. But OPEC had to deposit a certain percentage of the oil profits in western banks. During the 1960's Kissinger had been urging them to also buy gold as they had so much profit it was throwing off global trade balances. "You can cash it in for the greenback any time". As per plan, OPEC got screwed when USD went off the gold standard in 1971. Manipulation also was used to dump gold on market to drop prices. In the 1980s, many Lat Am countries went bust. Bailout Banksters, Inc. told OPEC they had lost all their deposits due to Bankster loans to L Am countries which went bankrupt. In actuality, Banksters had simply created digital computer credits for the Latin Am nations, NOT even fiat money, so Banksters lost nothing, but kept the OPEC $$ on the sly. Since many of the L Am countries had put up national resources as collateral, the Banksters seized real resources when L Americans defaulted on their usurious computer "loans". Bankster criminals have never missed a beat. Went on to rob US blind in 1990 S & L swindle. Mid 1990's Sec Treasury Rubin sold China tons of tungsten fake gold, discovered in 2008. I suspect some similar contingency scam to clean out PM holders. Should be interesting what they come up with. Timeline, OP? |
Anonymous Coward User ID: 1397566 United States 05/26/2011 06:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1394165 Sweden 05/26/2011 06:47 AM Report Abusive Post Report Copyright Violation | The physical market however, will just keep rising as more and more people inhabits the earth, which means that more and more money needs to be printed, and less and less gold to go around for peeps. Bottomline: He's a retard which have invested in paper gold\silver put options, which will skyrocket in a near future, however, the crash will unable him to withdraw his earnings, hahaha. |
Anonymous Coward User ID: 1196147 United States 05/26/2011 07:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1243346 United States 05/26/2011 07:17 AM Report Abusive Post Report Copyright Violation | Yes, I have read there is no way there will ever be a QE3. I mean, a government buying their own debt? Really, who ever heard of such a thing? And the PPT will be completely dismantled. Interest rates will be allowed to go to about 15%, and Ben and his gang of thieves are set to repent. They are going to confiscate all the trillions they printed and just have a big currency burning. All this will definitely have a downward pressure on PM. |
Anonymous Coward User ID: 1401304 France 05/26/2011 07:50 AM Report Abusive Post Report Copyright Violation | someone disagrees "A well heeled investor has bought 50,000 out-of-the-money Gold call options set to expire in August and September. The massive bet cost $50 million and in order for it to pay off Gold must rally sharply this summer to new all-time highs..." [link to sgtreport.com] ...to thread poster - what are you doing with you're insider info? warning my arse |
Anonymous Coward User ID: 1316470 United States 05/26/2011 07:56 AM Report Abusive Post Report Copyright Violation | Coming soon: Quoting: Anonymous Coward 1399640Gold: below $1000 Silver: below $20 The current value is dependent far too much on hype and hysteria. Major players are about to sell off en masse and it'll be a race to get out before it plummets. The first bubble is about to pop. WRT gold, China bought in at $1050, and then encouraged it's citizens to buy. The current rulers of China don't want to be overthrown, they will make sure that the price of gold NEVER goes below the equivalent of $1050 in their currency. |
Anonymous Coward User ID: 877408 Mexico 05/26/2011 11:50 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80449 United States 05/26/2011 11:54 AM Report Abusive Post Report Copyright Violation | You've been warned. Quoting: Anonymous Coward 1399640Whew. Thank you SO MUCH for telling me this. After I read your post, I went IMMEDIATELY over to eBay and liquidated my entire collection of mint 1986 US Silver Eagles. Had to sell at $13 under spot price in order to clear it out FAST but AT LEAST I got out from under it before the crash. Thank you SO MUCH. OP, you said the crash is coming soon. When exactly is that? I'm thinking from the urgency in your words that we're talking the next few hours. Is that true? I've seen your threads before, and you are ALWAYS right. It's uncanny. Every time I see "Anonymous Coward" I know to pay EXTRA special attention because the advice is cutting edge. You know, we get info several days before the mass media puts it out because of PEOPLE LIKE YOU. That's what makes GLP such a fantastic place. HaroldCampingBots are right AGAIN....they predicted a gold/silver crash by the 21st and boy was this close. We even got a few extra days to prepare. I'm so excited. In addition to selling my collection on eBay I actually used the proceeds to buy extra tomato plants, which I brought INSIDE THE HOUSE as soon as I re-read your original post. The last thing we need is the New Madrid going haywire due to HAARP and shaking the crap out of my tomato plants here in St. Louis. Come to think of it, I better put them on springs or something cause it might shake INSIDE the house a little, too don't you think OP??????!? Hey listen, since you are always in the know can you tell me how to get rid of chiggers? This response... is epic and golden. I bow to you while laughing my ass off holding my side.... |
Anonymous Coward User ID: 1149758 United States 05/26/2011 12:08 PM Report Abusive Post Report Copyright Violation | OP you have no idea.. Gold won't be having a huge dip anytine soon.. Quoting: Anonymous Coward 1401118You'll see. This is only plausible if the 600,000,000,000 is pumped into the market but there is an even bigger crisis looming OP...you are forgetting a majoro role in this. When Obama's BC i not seen in court on the 27th of JUNE, the day prior ironically will be the day they illegally push that 6$Billion into the market.....If in fact the PREZ is "Backlashed" by the citizens of the planned "civil" disturbance here in the U.S., a redactatory statement will be made to possibly Nullify Any and All executive orders, bills, and laws that were criminally and fraudulently signed...This is the truth in which Trust me when I say will have SEVERE Ramifications Worldwide once this is revealed. They set up an Ingenious network of Money laundering that they will get right before the U.S. Economy drops. They will use that money to invest into foreign Currencies and Gold/silver. My friend, I respectfully disagree with your statement as it is impossible to think that these "artificially" inflated numbers are not worth anything...they are worth everything in exchange to foreign currencies, just not the dollar. You, will see what I am saying come to fruition in the next 4 weeks......If you dont feel my explanation is accurate please ask a question and I will answer to why I know, it will be happenening soon......within weeks you will know. |
Anonymous Coward User ID: 522705 United Arab Emirates 05/26/2011 12:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1352340 Germany 05/26/2011 12:22 PM Report Abusive Post Report Copyright Violation | Yes, I have read there is no way there will ever be a QE3. I mean, a government buying their own debt? Really, who ever heard of such a thing? And the PPT will be completely dismantled. Interest rates will be allowed to go to about 15%, and Ben and his gang of thieves are set to repent. They are going to confiscate all the trillions they printed and just have a big currency burning. All this will definitely have a downward pressure on PM. Quoting: Anonymous Coward 1243346There will be QE3, no doubt about it. Do not underestimate what the federal government will do out of desperation to keep the pyramid scheme alive and prevent a collapse and loss of power. Also, the federal reserve is not a government agency so "technically" the government is not buying it's own debt. They designed the system so it could be abused in exactly this fashion. |
Anonymous Coward User ID: 1042753 United States 05/26/2011 12:25 PM Report Abusive Post Report Copyright Violation | Coming soon: Quoting: Anonymous Coward 1399640Gold: below $1000 Silver: below $20 The current value is dependent far too much on hype and hysteria. Major players are about to sell off en masse and it'll be a race to get out before it plummets. The first bubble is about to pop. Soros already sold. I agree though. Hype and hysteria caused it to drop to near the $30 mark. Unfortunately, the only way the dollar can survive is if the Euro collapses. It could happen, but I think the dollar will go first. |
Anonymous Coward User ID: 1364056 Canada 05/26/2011 04:21 PM Report Abusive Post Report Copyright Violation | Quoting: Anonymous Coward 1401075 The price is propped up by the small fish being convinced to buy gold and silver at increasingly inflated prices. There won't be enough buyers at these prices in the coming years. Once that realization sinks in they'll be holding a collapsed asset. Small fish are about to fry. Hi Mr. JP Morgan. Didn't get a chance to cover all your shorts the last time you licked your comex buddies balls? I think this time they will want you to toss some salad. |
Punk-A$$ets User ID: 1107017 United States 05/26/2011 04:44 PM Report Abusive Post Report Copyright Violation | Yes, who is going to put up a lot of money for gold, when food is expensive and hardly anyone have a work to go to? Quoting: Anonymous Coward 1401075Or maybe the economy will turn out fine, just by borrowing even more money? The price is propped up by the small fish being convinced to buy gold and silver at increasingly inflated prices. There won't be enough buyers at these prices in the coming years. Once that realization sinks in they'll be holding a collapsed asset. Small fish are about to fry. Small fish like world central banks buying gold hand over fist since 2009? You fight central banks. I'll continue to accumulate. Last Edited by Chucklebutt on 05/26/2011 04:46 PM |
Anonymous Coward User ID: 1006681 United States 05/26/2011 04:49 PM Report Abusive Post Report Copyright Violation | Just as soon as the US Gov't announces the end to all social entitlement spending and slashes military spending by 50%. Quoting: Anonymous Coward 1401119Until then, the US is running $4 to $5 Trillion in the hole yearly. The FED is forced to monitize (PRINT $3 to $3.5 Trillion yearly) buying up US papers that the rest of the world does not want. Then there is the EU mess that makes the USD look good by comparison. All fiat paper is in a race to the bottom. The shills on this site are being paid to scare you away from the only financial life boats in the world. You have been warned. THIS! |
Legba User ID: 363985 United States 05/26/2011 05:02 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1401670 Canada 05/26/2011 05:06 PM Report Abusive Post Report Copyright Violation | People have the money to buy gold, just because the whole world is beeing injected with money from the future. That future will come and there will be so little money around that even gold will be cheap. It just a question _when_? Quoting: Anonymous Coward 1401075Summer/autumn, I expect. I've sold all of my gold stock at ~$1510 equivalent. there my friend is the key.... YOU SOLD GOLD STOCK? here we go again, paper schmaper. If it is not in your hands, you don't own it. Buy and hold, buy and hold... PHYSICAL! |
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