jim willie "gold to $8000 and silver $200"

[Large Sarge]

http://www.youtube.com/watch?v=RhyfwjdYqzo&feature=player_embedded

[Dogman]

http://www.youtube.com/watch?v=RhyfwjdYqzo&feature=player_embedded


The real trick will be when and if it will ever happen..

I call bullhocky (which has more power than bullshit) on this gold and other metals are going to shoot past Uranus.

[mamboni]

http://www.youtube.com/watch?v=RhyfwjdYqzo&feature=player_embedded


The real trick will be when and if it will ever happen..

I call bullhocky (which has more power than bullshit) on this gold and other metals are going to shoot past Uranus.

I don't want any metals shooting past my anus.

[Dogman]

I don't want any metals shooting past my anus. Do you have it trained?

;D

LMMFAO!

[mick silver]

if gold an silver was to run this high just what paper would they pay you with . to me if gold an silver went this high the game is over . a loaf of bread for a silver eagle

[Dogman]

if gold an silver was to run this high just what paper would they pay you with . to me if gold an silver went this high the game is over . a loaf of bread for a silver eagle


Truth!

[gunDriller]

if gold an silver was to run this high just what paper would they pay you with . to me if gold an silver went this high the game is over . a loaf of bread for a silver eagle

i don't think $8000 / $200 is that high. given that 10 years ago, it was $350 & $5.

and that was before QE, before the bulk of the Bush-Cheney deficits, before Obama.


also, the markets don't trade freely, they are so manipulated they are not free markets.

after the run-up, maybe their will be a quiet period, sort of like now, prices trending sideways. If $8000 is the high, then i would expect a trading range around $6000.


unless, of course, Bernanke, Geithner, Jon Corzine & Blythe Masters are hiding from the Russians who are pissed about this year's first (but probably not last) MF Global-type incident.


as far as bread, it seems like it's about 1 Mercury dime.

anywhere from 87 cents (cheapo whole wheat) to $1.67 (whole wheat, on sale). normally, $3 for whole wheat 24 oz. loaf.

when silver is $60, 40 x face, the dime will be worth about $4. i wonder how much the "average" 24 ounce loaf of bread will be then.

[joboo]

How hard would it be to choose agreed upon daily rates like libor?

[Hypertiger]

Since the USA has a trade deficit...All the gold and silver that would enter into circulation would just circulate out and not come back.

Back in the olden days when the pound of stirling silver was the global trade medium of exchange...the trade deficit with China was reversed by forcing the population of China to become addicted to opium which teh british esat india company pushed...

The Chinese authorities resisted...the result was the opium wars...Hong Kong was set up as the main distribution point and HSBC was set up to launder all the drug money...

With the population of China addicted to British East India company drugs...The flow of silver from England to China reversed.

That is how trade balances used to be sustained.

[Hypertiger]

Free markets are only as Free as the owners of them allow them to be.

In recorded history...peasants have never owned the markets unfortunately.

[Shami-Amourae]

You should pull up one of Jim Willie's last groundbreaking predictions when he said that dollar would collapse...

....in 2009!