d-train

Countdown of Manipulated Gold Price Running Out

What a wild Talk-Show Event. I have to say to all none believers in Gold and Silver that you are in for some serious BS if you do not own some of both metals before 2009. Silver is the one metal that is going to blast off and everyone will think it is a Hugh Silver Rocket blinding all that do not have on their Silver Ray Sun Glasses. There just is not enough above ground to keep up with demand. The premiums on both metals are stratospheric. Go look up some places to get physical meal and look at the premiums being charges with these low prices. I watch 10,000 one ounce rounds appear on Apmex and then within an hour drop to just a few thousand and in 36 hours or less to Zero. Same with 100toz bars. Here one minute gone the next.

Gold has now reached the point of no return in the way of an average person being able to purchase it. Just one and a half years ago the average Joe could afford to buy an ounce of Gold and now they cannot – They have switched to silver. Eventually they will not be able to buy silver due to the fact they must service all their debt and just pay for living expenses.

Inflation is just another way of saying it takes More of your dollars to buy what you need and Deflation means you don’t have enough dollars to buy what you need. The bottom line is the economy is screwed up and if we were on a gold standard and left to its own devises it would not matter as the price of something would be stable in the form of cost.

Gold and silver have always been money and always will be money and if you believe paper is worth something use the money from a Monopoly Game and use that if you think it is worth something. It is all in if you believe what is printed by some entity be it a government, company, town or person it will be until you lose faith in it.

I really do not understand the ones whom do not read history and can see for over 2000+ years Gold and Silver have always been money or medium of exchange and ALL paper currencies have failed over these same 2000+ years. They never hold up. One generation that knows what REAL money is dies off and as the government/country decides to print some paper money and get the public to use it for transactions it is then based on the faith of that generation until it fails as did the ones before it.

The saying goes “With one ounce of Gold you can buy a bus ticket to a town, buy a new suite, 3 meals for a day, a room for the night and if needed a ticket out of town And still have some change to spare.” This still holds true today and would be even more so if the paper gold and silver did not exist.

So go on do whatever – buy stocks, ETF’s, paper assets, bonds, or whatever, but when the dust settles don’t give me that hard luck saying “Buddy can you spare a Silver Dime?” Because Buddy I won’t be around – I will have already left you and the town behind.

Got Gold? Got Silver?

(Check out Jason Hommel’s Sales on silver and see what I am actually talking about.)

Undaunted by anything on why not to own physical on this thread..