Thanks to all of you who have spoken here to call this man a fool, as he most certainly is. Just as a homeowner has an increasing need to have backup for when the power grid goes down, savers and investors need silver for when the financial grid goes down. Long Gold and Short Silver. Clearly, this man is a genius.
Richard Gray on the Two Real Drivers Behind Gold Price [View article]
I think Mr. Grey demonstrated beyond question of a doubt, with his $1100 to $1200 forecast, that he is intelligence challenged. $4,000 is a low estimate for Gold in the next 5 years. Just minimal study of history reveals this. As for Silver, it's high in 80, adjusted for inflation, is $250. Since then it has been mostly used up. At that time there was 15 times more of it and 60% less people. A minimal price for Silver is $500 and $2000 is not beyond possibility.
Well written article. The major change in the silver equation relates to investment demand. Specifically demand due to loss of confidence in fiat currencies. Sooner or later, silver will be the best performing substitute for paper. Then the whales will find it difficult to jump into the thimble sized pool of the silver market. Those who buy silver now may discover that this is the best moment yet for the whole bull market to date. There are increasing signs that the physical market is about to expose the fraudulent paper market for silver. After 9 years of study, my guess is that a minimum target for silver is $500/oz. Someday soon, your readers will think you are a genius.
Recession Is Over; Depression Has Just Begun [View article]
Edward, This article is the first of yours that I have read. You covered many bases and managed to tie many things together. Even so, you failed to touch on the prime factor beneath all the problems. That would be the corruption which underlies it all. What has been going on here, in what is considered to be the bastion of the free world, is rampant corruption. The money power, which was stolen by the fed's hidden owners in 1913, has been used to screw not only americans, but the whole world. When money goes bad, it begins to take general attitudes with it. Things have gotten so bad and the whole money idea has gotten so corrupt, that crime is just ignored, since everyone is doing it. All the problems that you write about, stem from the corrupting of the money power. That is the root. You can trim up the blooms, until the cows come home, but if you leave the roots, it will all come back just like Oregon Blackberries. The best solution to our current problems would be to take Greenspan, Bernake & Geitner and hang them in public. Wait, burning at the stake would play better on TV. Then backtrack them and start in on the banksters that are on their call lists. Keep this process up until the whole world is clear on the whole concept of fiduciary responsibility. What about the rule of law? Well, these guys have been killing elders and children and it has been tradition in this courntry, to bypass the courts and just hang the bastards. In just a few months you could turn the whole ship and get it headed towards port.
How Will Lease Recalls Impact Gold's Price? [View article]
We are in the final stages of a classic fiat currency collapse. This time it is the world reserve currency. Where will money flee to protect itself? To Gold & Silver. Silver is extremely undervalued and in a hidden shortage. It is also a tiny market. If you can't figure out which is a better investment, then you should not be investing at all. When considering such a choice, never forget the sign over the bar: FREE BEER TOMORROW
The Worst Case Scenario (Someone Has to Say It) [View article]
It is clear that many of you readers were not ready for Jake. Fact is, his is not the worst case scenario, not even close. The world financial system is so far out of reality, that there could be a complete collapse tomorrow. The world is now so inter-linked, that this collapse would bring all trade to a halt. Banks would all fail and all that paper money that people think is real would just be gone. That would mean instant shortages and instant loss of the rules of law. Never before has the whole world been deluded into thinking that paper is money. Paper money has a 100% failure rate. The dollar and credit markets are a giant ponzi scheme and their failure has been 100% predictable, by definition. Jakes forecast would occur in a matter of months. In the past, this kind of collapse had only a very very small chance of happening. Now it will happen for certain. The only question is the form and time it will take. I am sorry to be the bearer of such news. You can go down with the ship, or you can try and find a refuge. That will be very hard to do and will only work if you find a place that doesn't require food or energy supplies.
I would not call myself a gold bug. People might fool themselves into thinking that I fit some cubical in their small minds. As my blog name shows, I am a silverslut. What is that? For starters, it is someone who knows what a cycle is. All the verbiage in these comments, is just so much fog on the main cycle. The author sure tries to convince me that he is an anus. He seems unaware that fiat money has a perfect track record of failure and follows an easily predictable pattern as it cycles. He will greatly regret what he wrote here and what he thinks he understands. Those curious people who are still wondering what a Silverslut is, will soon be shown by unfolding history, that it is a person who can spot the next Microsoft, but who likes privacy and hates big government.
Anyone who thinks that the Fed is not a problem, has no idea how the world works. Furthermore, such extremely ignorant people are themselves part of the problem. My advice to them, is to immediately suspect everything they think they know, since it is obvious that they are gullible. At the very least, they should read "THE CREATURE FROM JEKYL ISLAND, before they say another word on a subject on which they know nothing. It is unfortunate that they are gullible and ignorant. I hope that I don't need to add stupid to the list.
Investors Withdraw $40 Billion From Hedge Funds in October [View article]
The big question that is the key to the whole market these days, is when will the hedge fund deleveraging come to an end? When will it slow, and when will it stop. Does anybody have access to data that answers these questions?
Why This Isn't Financial Armageddon [View article]
The danger is in opening your mouth and showing your stupidity. In my case I am talking like a ventriloquist so that you don't know it is me. This author is so foolish that he can't understand how his story is proof that the Armageddon is coming. All along our financial "leaders" have denied that there are economic laws, such as you cannot borrow your way to prosperity unless that borrowing is used productively. Fiat money is also a dream that has failed with a perfect .000 batting average. Supposedly intelligent people have been denying economic reality for a long time. That doesn't mean that they were right, what it means is that the period of rebalancing will take a long time.
Let's Clarify "The Worst Economy Since...." Debate [View article]
When an expert screws up, the result is an expert screw up. Have any of the mainstream experts any clue? Greenspan, Bernacke, Paulson? On top of that, all the data that they rely on has been drifting farther from the truth with every year. The unemployment data, if calculated like it was in 1970, would be over 10%. The GNP would be -4%. Who can make informed decisions using lies? Worst yet, is that the liars lost track of their lies and started believing them themselves. Then add in that the worst liars make the most money and the whole picture has skewed towards delusion. When you have a Federal Reserve, that isn't federal and only reserves the right to screw you, in charge of the US money power and the Golden Sackers in place at every critical point, you can expect to be made into a debt slave. Boom bust, boom bust, all your freedoms turn to dust. Wake up, it is worse than the depression. IF you don't quit playing Paulson's game, with Paulson's rules, then you deserve to get screwed. Buy physical silver and gold and then he is working to make you rich. It is probably the best time in the whole history of the world to buy silver. You are so lucky you have this opportunity to do one thing and insure your future. Right now, the US Mint says they would sell me a Silver Eagle for $12, except they aren't making enough and they won't sell you one. If I go to E-Bay, the price is over $30. In many ways, silver is now rarer than gold, yet you can buy 75 oz of silver with 1 oz of gold. On top of that, Gold is at least 1/2 off it's real value. At this point in the game, you must realize, that if our government bothers to make a statement on a subject, they only do it to lie and spin. If you are still listening to the mainstream media you are a fool. Furthermore you are a traitor. Ignorance is no excuse.
The Winners Will Be Those Who Look to Gold and Commodities [View article]
Silver & Gold will protect your wealth so that you can buy food and oil. It frees you from the dollar and the tax collector. But the really nice reason is that it is in the early stages of a big fat bull market, especially silver.
What Obama's Victory Means for the Defense Sector [View article]
The military industrail complex is the greatest threat there is to the future of this country. Currently, it does almost nothing to promote the security of this country and it mostly it works to reward the warmongers and psychopaths. Why americans accept the propaganda that our thoroughly compromised media shits out on this subject is a great embarassment. If you want to hear some intelligence on this subject and many others, research what Ron Paul has to say. I say, 75% of our overseas bases should be closed. Both Irag and Afganistan are worse off, as is the whole world, because of our involvement there. We do no good whatsoever there, as it currently stands, when weighed against all the harm. A little intelligence, no wait, that is the currently problem, that we use so little intelligence, could be applied without troops, to support those locals who are trying to bring peace and growth. The real problem, is that the mil/indst and banking complex has bought off most of the critical traitors in congress and that our nation has been highjacked by sociopaths who should be put down. We could easily have twice the security with half the outlays that we currently piss away awarding the enemies of peace. Anyone who says differently, is either stupid, or compromised.
Countdown of Manipulated Gold Price Running Out [View article]
There is a Season. There are cycles. Re-balancing Happens! The season for stores of wealth is upon us. Unbacked paper money will be replaced by real backed money. Measured in today's dollar, silver will sell for $500/oz and Gold for $4,000. Unbacked money has never worked and if you understand human nature, it will never work. The more intervention, the higher the price come re-balancing. Meanwhile, the very real intervention, is a crime against everything the America was founded on. It rewards the sociopath and punishes the prudent. It causes starvation, wars and despair. At some point when education catches up with the interventionists and their victims, so will a cancer patient with a pistol and nothing left to loose. You see, balance is everywhere and in everything. It is not just about making a profit today, it is about making a profit by right action and adding value. The change winds are blowing hard. Silver and Gold will hold you firm while others are blown away,
The Strange Case of Dr. GLD & Mr. Bullion [View article]
1. ALL fiat currencies in ALL of history have failed. 2. The dollar and the rest of the world's fiat is failing right now. 3. Silver and Gold rise when fiat falls. 4. Silver will rise by at least 40X when fiat falls. See History. 5. Silver is private non-digital money and is sold for cash. 6. It is time to allocate 95% of your portfolio to Silver.
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Latest | Highest ratedSilver Prices Are About to Fall [View article]
Richard Gray on the Two Real Drivers Behind Gold Price [View article]
Silver Unmasked [View article]
Recession Is Over; Depression Has Just Begun [View article]
How Will Lease Recalls Impact Gold's Price? [View article]
FREE BEER TOMORROW
The Worst Case Scenario (Someone Has to Say It) [View article]
Own Gold? Time to Fold [View article]
My Economic Plan [View article]
Investors Withdraw $40 Billion From Hedge Funds in October [View article]
Why This Isn't Financial Armageddon [View article]
Let's Clarify "The Worst Economy Since...." Debate [View article]
The Winners Will Be Those Who Look to Gold and Commodities [View article]
What Obama's Victory Means for the Defense Sector [View article]
Countdown of Manipulated Gold Price Running Out [View article]
The Strange Case of Dr. GLD & Mr. Bullion [View article]
2. The dollar and the rest of the world's fiat is failing right now.
3. Silver and Gold rise when fiat falls.
4. Silver will rise by at least 40X when fiat falls. See History.
5. Silver is private non-digital money and is sold for cash.
6. It is time to allocate 95% of your portfolio to Silver.