Silver at 35$ Gold nears 1800$ Dollar Dead, Hyperinflation coming

hyper inflation has begun, cigarettes up 1.00 per pack in a week. that is a 35 percent increase

[link to www.kitco.com]

cool

$35.08 silver! Silvertards, we ride. Where's StrongFord?

[link to www.marketwatch.com] (dollar)

Might be cool to watch today...

Between the weather issues impacting the food supply & Fed actions -- you may very well be right OP.

There is still some life in the dollar, but it is devaluing quickly.

Yup here it come even faster and harder then before. We're circling the drain folks......

As the truckers would say " You got that RIGHT !"

I think a breakout to $180 + gold next week, and, a shot at $40n silver ARE in the cards ! THEN on to $ 50-60 silver by first week in October, a possibility !

Eagle

Sorry.... left of a ZERO on above gold price !~


Eagle

It seems like silver should be higher if gold is up to $1800.

''''We're circling the drain folks......

yep, and they know it. that's why the purchase of all the ammo and guard shacks. and the passage of NDAA and all the rest of it. They know that it will all erupt. Location is everything.....

Spanish bailout rumors likely caused the lates spike higher in the gold, silver, and the euro.

Last Edited by gebahie on 09/21/2012 09:43 AM

Not this shit again...

Silver was pushing $50 and gold got up to $1900-ishr last year and guess what? No "hyperinflation" (or really any inflation at all, for that matter).

I bet there are idiots on here right now that piled in at those highs. Man, their faces must sure be red.

The jump in metals is emotional reaction to the latest round of monetary easing, which did not produce hyperinflation in the past and will not produce it now.

In a couple of years, when this has all blown over we'll see silver down in the low 20s and gold maybe $1500 if we're lucky. Good thing I paid less than those figures for my small stash...

"Should" and "is" are two very different things. I love how PM=tard logic is always based around "should."

According to my own beliefs, the final day for me to have any dollars left on my pocket is the 31 of October.

Because after that day, Operation Twist finishes, (which helped dollar to loose value slowly but not fast, sometimes even gain for a short periods) and guess what starts ?

More buying of mortgages etc starts and some of this 40 billion $ month money will flow into commodities each month.

Because of this, GOLD, SILVER, OIL will always stay in a strong uptrend.

By year 2016 i expect GOLD to have a price of 15000$.

And dollar index will be dead since countries wont be using dollar anymore, can you understand what i mean ?

I`m not telling you that dollar will loose its value, there wont be any countries that use dollar at that time, only United States will use it maybe Saudi Arabia would use it too :)

You're a fool. We have all the worlds wealth and have handed out toilet paper promissory notes. So sUck iT!!!!!

were u the idiot who once said:

'if u pay a thousand bucks for gold, your a fool'

You must not shop for groceries.

OBTW, most of us Silvertards loaded up early and have a cost basis in the low teens.

Last Edited by LJS on 09/21/2012 09:51 AM

Sorry mate but you have no idea, the GOLD price is mathematically proved to be on a strong uptrend.

I have the proof but you cant understand it since it requires a lot of Mathematics knowledge.

%47 of United States lives by the government help.

Face it or you`ll face its consequences real soon.

Don`t vote for Obama, vote for someone who has some sane feelings left in his soul.

Actually I DO shop for groceries and the prices on the majority of items are not up appreciably from this time last year. Any increases can be accounted for by other factors such as drought, which is a seasonal thing and not related to monetary policy.

Provide concrete examples, with proof of grocery price inflation, because I'm just not seeing it. Then again, I'm not poor and don't live hand to mouth either so maybe that's got something to do with it.

I could sit here and skool you as to why the USD will continue for quite some time, but that would require you to understand geo-political economics. I'm not in the business of teaching...

See the Media propaganda about Mitt Romney ? Watched the video telling he does not care about the voters of Obama since they live by the government help ?

See what Obama`s media is doing ?


See what FED president Bernanke doing ? Unleashing QE3 50 days before the elections ? And announcing it as QE forever ?

FED is manipulated by politically motivated banksters, they dont care about you having your life better or something like that...

All they care is financial institutions and banksters...

The financial crisis is made by Banksters but none of them went to prison...

How can you explain this ?


Instead we are going to pay them by having our wealth transferred to them and hyperinflation to kill us...

This wont end well, believe me...

so who do we vote for????

Your war machine needs your petro-dollar and after that begins to die, you will try to create a world war but eventually that will be the end of United States as we know.

If i were there i would vote for Ron Paul.

Oooooh! Did y'all hear that? It's "mathematically proven!" Is that like "technical analysis" (a.k.a. "reading tea leaves"). Looking at charts to predict future prices of a commodity is like looking in the rear-view mirror to navigate down the highway.

Look at the disclaimer attached to every investment prospectus: "Past performance is no guarantee of future returns." It's there for a good reason.

Again, PM-tards operate on how things "should be" and not how they actually are.

water has shot up 2.00 and is now around 6.00 - 6.99

Dont forget to diversify. If you have a bit of cash left over maybe consider changing your dollars to chinese reminbi yuan.

Coffee prices where I live are up about 15%;
Toilet paper over the past two years has nearly doubled;
Various oils, especially olive, are up anywhere from 20%-50%,
etc.

You have a Canadian flag. You may not have noticed this inflation because the Canadian dollar has increased in value vis a vis the US dollar.

You will notice in the above mentioned examples, most of the items are imported. TP, although not imported, is a bulky item, and costs a good deal more per unit to transport as the price of fuel increases.

Fuel price increases are in part due to the weakening dollar & also have impacts not only on the purchase price of, but the price of fuel needed for transportation.

I am glad you are so wealthy that prices do not matter to you. I have the good fortune to be well off as well. However, I am self made & very much remember the days of having to count every dime -- literally. Remember, there are many people living that tightly now, so a 20% price increase, especially on a staple matters.

I have never talked about technicals, i dont believe that...

Its like looking past prices and drawing lines and predicting it`ll be always like that.

When i said there is math behind it, i know what i`m saying really well, this topic will be here for the next 5 years and we`ll see what happens and i`m pretty much sure GOLD will go to rooftop.