I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! | |
Anonymous Coward User ID: 11326620 United Kingdom 08/23/2012 08:26 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 11326620 United Kingdom 08/23/2012 08:27 AM Report Abusive Post Report Copyright Violation | |
Face Palmer User ID: 1149868 Germany 08/23/2012 08:29 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! 6th June 1635 USD/oz Quoting: Anonymous Coward 11326620 23rd August 1630 USD/oz Looks like a loss to me, before fees and charges. Sorry, that's gold! And its at 1660 today "The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title." Never attribute to malice that which is adequately explained by stupidity. The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women |
jcab2002 User ID: 11489804 United States 08/23/2012 08:32 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! The inflation/deflation debate is all about the actual definition of inflation. Both sides are right depending on how it's defined. Originally, inflation measured money supply. Today, some measure inflation with pricing. Money supply is way down today. Confidence in government (and thus fiat money) is way down. Demand is what goes up. It's impossible to prove whether we're in a period of inflation or deflation because there is no consensus of its definition. If you're talking about food, energy and precious metals, then yeah it's price inflation. If you're talking about real estate or wages? Nope. It's all demand driven. Regardless, we're in terrible shape and it doesn't really matter what you call it. Last Edited by jcab2002 on 08/23/2012 08:33 AM “We must keep the people busy with political antagonisms." “We’ll therefore speed up the question of reform (of tarrifs within) the Democratic Party; and we’ll put the spotlight on the question of protection …(for) the Republican Party." “By dividing the electorate this way, we’ll be able to have them spend their energies at struggling amongst themselves, on questions that, for us, have no importance whatsoever." - United State Bankers magazine, 1892. |
No Dhimmi User ID: 256987 United States 08/23/2012 08:49 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! :Bubbles of the P: :Gold Bubble Not : ALL relevant scriptures that include a time factor prove no pre-trib rapture. Over 50 verses! Kindle Edition only 99 CENTS! Biblical Eschatological “Time-Stamps” Relevant to the Last Day/Days (Amazon) |
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Anonymous Coward User ID: 22261289 United States 08/23/2012 09:06 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! I still think silver is going to fall again before it shoots up. Quoting: Anonymous Coward 22242881 Fact of the matter is all the metals are up a lot right now. Platinum is catching gold back up, gold is up again, palladium is up. Pssst.... US is $850,000,000,000,000.00 in debt (all sources) now. US has 330,000,000 people. You can do the math above and see that each citizen is approximately $2,000,000.00 in arrears... You have $2 million to pay your share? No? Then the entire US Economy, indeed the world economy, DIES and all FIAT goes to shit. GOLD STANDS ALONE. Soon 99.99% gold will be $58,000 per Troy ounce. GET ON THE BUS OR DIE. |
Anonymous Coward User ID: 1283316 Canada 08/23/2012 09:07 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! It'll go back down. Current conditions will blow over in time and we'll see silver in the low 20s and below in a few years. Nobody in the investing/financial world is even talking about gold and silver outside of the newsletter and conspiracy kook circles. I even see less "sell me your gold" ads on TV these days. |
Badcarma69 User ID: 2391051 United States 08/23/2012 09:09 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! JPmorgan can't stop the rise of Silver this time.....!!!! oh B!tches it's on! Just little schooling for those that don't know the truth about the federal reserve!!! United States Notes -- the real Money -- were actually warehouse receipts for deposits of gold and silver in a warehouse (bank), and thus represented wealth (i.e. portable land, the money of sovereigns, substance). The new Fiat Currency -- “fiat” being an order or decree, especially an arbitrary one -- the FRNs, amounted to “bills for that which has yet to be paid,” i.e. for what was owed. For the new “benefit” of being allowed to use FRNs, aka U.S. Government debt instruments -- in lieu of Gold Certificates or Silver Certificates -- the US agreed to redeem the newly issued FRNs in gold and in addition to pay interest for their use in gold. Only in gold. In essence, the Fed issued paper, in which the US paid gold for the “privilege” of using it. This was the basis of the Federal Reserve Act. Wake up my friend, be the one person who makes the difference!!!! 1 [link to youtu.be] |
Anonymous Coward User ID: 21787522 United Kingdom 08/23/2012 09:12 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! so what are you buying paper, or real. i doubt the paper is a safe bet if the proverbial hit fan. and a further inquiry is the level mineral makeup. i would hazard a guess that the real pure gold which is outta the ground is all safely preserved in secure wealth haven by the elite wealth holders. the gold out there the consumer buys is used remelt all hodgpodge and is far lesser level. |
SLAYER!! User ID: 9417490 United States 08/23/2012 09:12 AM Report Abusive Post Report Copyright Violation | |
jcab2002 User ID: 11489804 United States 08/23/2012 09:13 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! I still think silver is going to fall again before it shoots up. Quoting: Anonymous Coward 22242881 Fact of the matter is all the metals are up a lot right now. Platinum is catching gold back up, gold is up again, palladium is up. Pssst.... US is $850,000,000,000,000.00 in debt (all sources) now. US has 330,000,000 people. You can do the math above and see that each citizen is approximately $2,000,000.00 in arrears... You have $2 million to pay your share? No? Then the entire US Economy, indeed the world economy, DIES and all FIAT goes to shit. GOLD STANDS ALONE. Soon 99.99% gold will be $58,000 per Troy ounce. GET ON THE BUS OR DIE. It's not going to really go up until people finally stop believing in the sham. “We must keep the people busy with political antagonisms." “We’ll therefore speed up the question of reform (of tarrifs within) the Democratic Party; and we’ll put the spotlight on the question of protection …(for) the Republican Party." “By dividing the electorate this way, we’ll be able to have them spend their energies at struggling amongst themselves, on questions that, for us, have no importance whatsoever." - United State Bankers magazine, 1892. |
Anonymous Coward User ID: 1667343 United States 08/23/2012 09:14 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! The inflation/deflation debate is all about the actual definition of inflation. Both sides are right depending on how it's defined. Quoting: jcab2002 Originally, inflation measured money supply. Today, some measure inflation with pricing. Money supply is way down today. Confidence in government (and thus fiat money) is way down. Demand is what goes up. It's impossible to prove whether we're in a period of inflation or deflation because there is no consensus of its definition. If you're talking about food, energy and precious metals, then yeah it's price inflation. If you're talking about real estate or wages? Nope. It's all demand driven. Regardless, we're in terrible shape and it doesn't really matter what you call it. Nice explanation. +1 for you. |
Yogi2493 User ID: 1527907 United States 08/23/2012 09:16 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! It'll go back down. Current conditions will blow over in time and we'll see silver in the low 20s and below in a few years. Nobody in the investing/financial world is even talking about gold and silver outside of the newsletter and conspiracy kook circles. Quoting: Anonymous Coward 1283316 I even see less "sell me your gold" ads on TV these days. $20's ? That's wishful thinking. There are lots of people that will swoop down and buy up all the silver at $26, so it will never get that low. For instance, China is one such entity. Lots of hedge funds getting into the act. $200-$300/oz is more like it in the not-to-distant future. Silver is in severe shortage and backwardation. Read up on it. Yogi2493 |
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Badcarma69 User ID: 2391051 United States 08/23/2012 09:18 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! Wake up my friend, be the one person who makes the difference!!!! 1 [link to youtu.be] |
Yogi2493 User ID: 1527907 United States 08/23/2012 09:18 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! You sound like some egotistical guy with a radio show from texas. "I told you", "I warned you", "I was right". Fuck off, then get a life. Quoting: Anonymous Coward 21599007 You're wrong. The OP is correct. You need to follow his warnings. Last Edited by Yogi2493 on 08/23/2012 09:19 AM Yogi2493 |
jcab2002 User ID: 11489804 United States 08/23/2012 09:19 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! It'll go back down. Current conditions will blow over in time and we'll see silver in the low 20s and below in a few years. Nobody in the investing/financial world is even talking about gold and silver outside of the newsletter and conspiracy kook circles. Quoting: Anonymous Coward 1283316 I even see less "sell me your gold" ads on TV these days. No one talks about gold and silver in the mainstream because if they did, they'd have to talk about how everything else in the financial world is a complete sham. If gold and silver broke out like it would if the world were sane and the markets actually work then we'd already be seeing the collapse. They want to keep the charade going as long as possible. “We must keep the people busy with political antagonisms." “We’ll therefore speed up the question of reform (of tarrifs within) the Democratic Party; and we’ll put the spotlight on the question of protection …(for) the Republican Party." “By dividing the electorate this way, we’ll be able to have them spend their energies at struggling amongst themselves, on questions that, for us, have no importance whatsoever." - United State Bankers magazine, 1892. |
Anonymous Coward User ID: 22162470 United States 08/23/2012 09:21 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! Never underestimate the printing press that creates paper based derivatives that Precious Metals are priced in. This is the way "everything" is manipulated in today's markets. Then combine naked short selling "of" Derivatives and you have just created a printing press. The combination of the PPT and the governing (supposed) entities looking the other way has been the support for this market for 4 years now. Never get over confident with something that can be manipulated with something as basic as paper. Anyone that thinks that the FED-s are not printing (at all times) is dumber and more gullable than a box of rocks. I think they are running up precious metals for jackson hole next month. They will say they are not printing (which means nothing when you look at the money supply vs the price of metals. Gold should be over 5K and Silver should be at least $50). They will print derivatives and cascade the price extracting money from all the jumper inn's. So be careful here. (If you are buying, make sure you cost averaging in as the manipulation of metals is heavier than that of even food or oil) Just remember price discovery is an illusion when everything is priced in paper, that is controlled by a few. |
****SUPERFLY**** User ID: 19055858 United States 08/23/2012 09:21 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 22458770 Argentina 08/23/2012 09:21 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! Te escribo en español porque te pregunto por Argentina. No entiendo como viendo tan bien como se mueve el oro o la plata, seguis pensando que lo que esta pasando aca esta tan mal en materia economica. Vos si tuvieras para mover una buena cantidad de guita aca, que harias? Te pregunto porque en los ultimos 10 años me dedique a la construccion y venta de dptos. y me fue bien. Ya no es tan rentable por lo que no me meti mas en ese negocio y estoy buescando en que invertir. Por lo que yo veo, el dolar y el euro se van a ir a la mierda. Tengo una filial de mi fabrica en Barcelona y alla esta peor de lo que lo pintan. Y veo que Argentina en cambio sigue creciendo y sigue firmando acuerdos con potencias por grandes sumas y no solo eso, sino que la soja y el trigo siguen subiendo a ritmo sostenido, por lo que podemos decir que liquido en el mercado no va a faltar. |
Yogi2493 User ID: 1527907 United States 08/23/2012 09:22 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! In silver, the bullion banks piled on the short positions against the tech funds in the Non-Commercial category once again. The bullion banks increased their net short position by a rather large 3,305 contracts. As of Tuesday's cut-off, JPMorgan et al are now short 42,346 Comex contracts... 211.7 million ounces... which is about six times the amount of silver that the United States produces in a year! And to make matters worse, the bullion banks' short positions in the three days since the Tuesday cut-off have blown out even more. Quoting: Badcarma69 I'd be shitting in my pants if I was them. It's crazy to be selling that much silver when you don't have the physical goods to back it up. Yogi2493 |
Anonymous Coward User ID: 1212477 United States 08/23/2012 09:22 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! It'll go back down. Current conditions will blow over in time and we'll see silver in the low 20s and below in a few years. Nobody in the investing/financial world is even talking about gold and silver outside of the newsletter and conspiracy kook circles. Quoting: Anonymous Coward 1283316 I even see less "sell me your gold" ads on TV these days. $20's ? That's wishful thinking. There are lots of people that will swoop down and buy up all the silver at $26, so it will never get that low. For instance, China is one such entity. Lots of hedge funds getting into the act. $200-$300/oz is more like it in the not-to-distant future. Silver is in severe shortage and backwardation. Read up on it. You have absolutely no idea what you are talking about. |
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Therion156 User ID: 1502252 Mexico 08/23/2012 09:25 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! "FIAT" by definition means "to decree," while legislative fiat means "decreed by the legislative process." All decreed legal tender money by government is by legislative fiat, and is fiat money. When govs decree a gold or silver standard, or bi-metallic standard & regulate the value thereof, gold and\or silver becomes "fiat money." Today gold & silver bullion serve as "free market" money outside of the fiat legal tender system, while gold & silver eagles remain fiat money as they are produced thru legislated law with a legal tender face value by gov agencies. |
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Anonymous Coward User ID: 22462469 United States 08/23/2012 09:28 AM Report Abusive Post Report Copyright Violation | |
jcab2002 User ID: 11489804 United States 08/23/2012 09:31 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! I couldnt afford to buy any either ,wish i could of but time i pay all the bills i just barely get buy ,what is scary is the food prices food, water and seeds could be an even better investment than gold or silver. “We must keep the people busy with political antagonisms." “We’ll therefore speed up the question of reform (of tarrifs within) the Democratic Party; and we’ll put the spotlight on the question of protection …(for) the Republican Party." “By dividing the electorate this way, we’ll be able to have them spend their energies at struggling amongst themselves, on questions that, for us, have no importance whatsoever." - United State Bankers magazine, 1892. |
No Dhimmi User ID: 254826 United States 08/23/2012 09:31 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! Reduced Physical Silver may accelerate JPM's demise. The U.S. Geological Survey reported Tuesday that U.S. silver production dropped 14% in May. U.S. mines produced 84,900 kilograms of silver (2,729,600 troy ounces) in May 2012, a 14% drop from the 99,300 kg (3,192,570 ounces) of silver output reported during May 2011. The average daily production rate in May of this year was 2,740 kg (88,903 oz.). [link to www.mineweb.com] ALL relevant scriptures that include a time factor prove no pre-trib rapture. Over 50 verses! Kindle Edition only 99 CENTS! Biblical Eschatological “Time-Stamps” Relevant to the Last Day/Days (Amazon) |
jcab2002 User ID: 11489804 United States 08/23/2012 09:33 AM Report Abusive Post Report Copyright Violation | Re: I TOLD YOU to load the truck in june when silver was 26. NOW IS almost 30$ Deflationtards never learn! In silver, the bullion banks piled on the short positions against the tech funds in the Non-Commercial category once again. The bullion banks increased their net short position by a rather large 3,305 contracts. As of Tuesday's cut-off, JPMorgan et al are now short 42,346 Comex contracts... 211.7 million ounces... which is about six times the amount of silver that the United States produces in a year! And to make matters worse, the bullion banks' short positions in the three days since the Tuesday cut-off have blown out even more. Quoting: Badcarma69 I'd be shitting in my pants if I was them. It's crazy to be selling that much silver when you don't have the physical goods to back it up. JP Morgan never needs to shit their pants. Taxpayers get the bill. And even if they go out of business, they can just run off to their private islands. “We must keep the people busy with political antagonisms." “We’ll therefore speed up the question of reform (of tarrifs within) the Democratic Party; and we’ll put the spotlight on the question of protection …(for) the Republican Party." “By dividing the electorate this way, we’ll be able to have them spend their energies at struggling amongst themselves, on questions that, for us, have no importance whatsoever." - United State Bankers magazine, 1892. |