pseydocyst

Silver vs. Gold: 2004 to Today

The current physical shortage of silver is real. I wouldn't buy any of those futures contracts in silver. They have way too much paper to manipulate and rig the prices of silver and gold. They want to drive the prices down, to create the perception that these "commodities" are not worth as much as stocks, and to drive more and more people to be owning stocks.

Real money is in physical gold and silver. Not some pieces of paper promises that Wallstreet pumps out to make themselves rich.

Soon the truth will comeout, the emperor has no clothes. People will wake up to this.

Where are Precious Metals Headed in 2008?

people talk about gold going up. The truth is that the dollar is going down.

The dollar is going down due to massive inflation.

There is a huge amount of counterfeit dollar bills out there. Pretty soon people will not be taking dollars anymore.

Anybody Seen Our Gold?

I wonder why GATA has gone so far to
expose the gov't manipulation of the
gold price. If you think gold is priced
too cheap in US dollars just go out and
buy more! Why do you have to talk it
up (even putting a goddamn ad in the WSJ? ). I too believe that gov't have always
tried to keep the fiction that federal reserve
notes are *real* money instead of gold itself.
But now that gold has run up to $900 it is
becoming more difficult to accumulate this stuff.

However there is no doubt in my mind that US dollar is gonna get much weaker in the future. It is becoming a huge debtor nation, an overstretched military empire, huge obligations medicare, and social security. China and Russia will become more formidable competitors on the world stage.

The US is also becoming much less attractive place to live. There is more of a police state mentality developing. Too much regulation and taxes. It used to be 10-20 years ago everybody wanted to come to this country for the freedom and opportunities economically it offered but is that still true today?

Those of you who love your freedoms should hold
physical gold. It represented real money back when this country was first developing and it will be once again recognized by the masses in the future. To hold your money in the form of electronic deposits in bank account is just one more way for the gov't and authorities to keep tabs on you. Gov't have been getting more intrusive in people's lives, they want to know everything about you, and how much you're worth. Gold is basically a huge obstacle for them.
Alan Greenspan talked about this in his essay on why the statists (i.e. gov't) hates gold.