Metals sinking like the Titanic

[old steel]

That water is deep, and cold too.

Oh well, i have way more fun with my lead these days.

[Cebu_4_2]

Silver aint at 12.00 so it aint the Titanic Mister.

[Half Sense]

= more hockey pucks.

[Spectrism]

Anyone foolish enough to buy gold or silver or palladium.... just didn't get the memo. They are not backed by anything. Federal Reserve Notes, however, are backed by the full faith & credit of the ever-wonderful US government. And if you ever need to trade them in for value, you will get:

http://pundithouse.com/wp-content/uploads/2013/01/obama-bucks.jpg

[1970 silver art]

Yep. Silver is sinking and will eventually sink on its way to the $8 mark by March 2017. I was stating in an earlier post that the 2013 intra-day low for silver of $18.14 will get broken on the downside sometime in the late Spring/Early Summer period but it appears that there is a possibility that it might happen sooner than expected. We will see. For this year (2014), I think that $14-$15 will be the low for this year for silver then it might have a small dead cat bounce before resuming its downward movement to eventually $8. Just my gut feeling speaking to me.

[Spectrism]

For silver to get down to $8.00, the price of gasoline will have to drop under $2 /gallon. The only thing that will cause that is a major depression, war or plague. In that kind of economy, jobless numbers will be in the 30% plus range. When people don't have money to buy anything but food, all prices will drop and supplies will also be cut. This would also mean that the rich have their full share of metals and don't want any more.

If silver gets down to $8, we will be in a world of hurt. It would mean the fake game can no longer be played. Bring it on!

[kiffertom]

dollar index is below 80! I guess money is rotating out of metals and into stocks?

[chad]

if silver drops to $8 an ounce, it will mean that fallout is not an xbox game but rather real life.

[EE_]

Yep, looks like precious metals are finished.
The strong US economy, strong dollar, strong real estate and strong stock market has killed the bull.
I'm thinking silver $4.75 and gold $500 by 2017.

This may be a good time to cash out.

gold-silver.us will just be a chat room, if it lasts that long.

[Libertarian_Guard]

Were gold at $3,000 an ounce and rising, and silver at $300 an ounce and rising today, all fiat currencies would be cratering today and people would cease valuing and choosing cotton over gold as wages for their labor today. Not only this, free market prices for gold and silver would expose all the fraud of the government-banker cartel. Because rising gold and silver prices awaken the masses to the crashing purchasing power of the US dollar, no longer could they claim that inflation is a ridiculous less than 2% in the US when beef prices have soared 34% in 6 years, pork prices have soared by 33% in 4 years, and orange juice prices have soared 33% in just the last 6 months(remember all markets are rigged so we have no idea what the free market prices for gold and silver truly are, other than that they are multiples higher than the current banker rigged prices). In addition, if gold and silver prices were freed from banker price suppression, no longer could bankers and politicians claim that the US stock markets 21% gain since mid-2007 was a sign of recovery because the US stock markets would probably resemble the 12-month 12,000% yield of the best yielding stock market index of 2007, the Zimbabwe industrial index. Of course the monthly inflation rate of 79.6 billion % by the following year in Zimbabwe rendered the trillions of Zimbabwe dollars of wealth gained by those in the Zimbabwe stock market useless. Gold and silver’s rise to anything near their free market prices would expose the sham that is the growth of the US stock market bubble built entirely upon the private banking cartel’s devaluation of the US dollar.



The bankers’ ability to keep people believing in their counterfeit fiat currencies is what creates over 1 billion food-insecure people in the world today, causes millions to lose their home, creates a vacuum in new job creation, and perpetuates the terrorism that springs forth from abject poverty. Everyone in the world would be a thousand times better off with monetary competition in this world and the ability to choose real money over counterfeit fiat currencies as their method to store value over time. And this is why the critical connection between HFT algorithmic trading and the bankers’ success in keeping gold and silver prices so undervalued today (versus their free market prices) is what literally puts the fear of God in bankers today. If bankers were deprived of their right to use HFT algorithms to suppress gold and silver prices as they did again just last week on April 15th, then everyone would wake up from their stupor, realize that the pot is already boiling, and jump up instead of cooking slowly to death. But as long as the Western banking cartel can suppress the price of real money – physical gold and physical silver – they will subject everyone to boiling frog syndrome and a slow, painful economic death. For those that believe that it is ridiculous to think that the US dollar will collapse, if you consider an 80% or greater, devaluation of an asset a collapse, I explain here that the US dollar has already collapsed. Furthermore, as I explained above, it is also literally why this connection severely impedes the right of every person in this world to pursue the inalienable rights of life, liberty and the pursuit of happiness.



Remember that these are the 15 bankers that held a closed-door, secretive meeting with Barack Obama at the White House on 12 April, 2013 immediately prior to when they used HFT algos to slam the price of gold by more than $229 a troy ounce on two consecutive trading days on 12 April, 2013 and 15 April, 2013, so if you want answers, start with the men below and their highest executives responsible for their trading desks (or at least the ones that haven’t yet committed “suicide”):



Lloyd Blankfein, Chairman and CEO Goldman Sachs
Jacques Brand, CEO Deutsche Bank
Michael Corbat, Chief Executive Officer Citigroup
Jamie Dimon, Chairman, CEO and President J.P. Morgan Chase
Sergio Ermotti, CEO UBS
James Gorman, Chairman and CEO Morgan Stanley
Gerald Hassell, Chairman and CEO Bank of New York Mellon Corporation
Jay Hooley, Chairman, President and CEO State Street Corporation
Abby Johnson, President, Fidelity Financial Services, Fidelity Investments
Steve Kandarian, Chairman of the Board, President and CEO Metlife
Brian Moynihan, President and CEO Bank of America/Merrill Lynch
John Strangfeld, CEO, Prudential
John Stumpf, Chairman, President and CEO Wells Fargo
Jim Weddle, Managing Partner, Edward Jones
Bob Benmosche, President and CEO American International Group

http://www.zerohedge.com/contributed/2014-04-21/banking-new-form-slavery

[Ponce]

Holly macro.........is cold here............Silver Art? no lunch for you today, go to your room :(

V

[madfranks]

Wouldn't $8 silver cause many mining operations to shut down? How could they remain mining when the payout is so low?

[Atocha]

I think it is all smoke and mirrors. I truly believe it is as people here on the forum have said. They are panicking people into selling what they have.

The dollar is steadily losing value as you can see in the inflation in grocery stores, gas stations and such.

There is and will be pressure on the dollar. BRICS is coming into play and we now have the USA and Russia playing a chess game. (Russian plays chess and the USA plays checkers)

There will be a day of reckoning for the dollar. You can not keep printing dollars or adding zeros in the spreadsheet and expect everything to be ok. There must be something to back the dollar and from what I understand, that is the American Taxpayer. We back the dollar with our labor and such but many people are losing their jobs and so the backing of the American dollar is becoming less and less.

Regardless, I can not melt down dollars and use them on a manufacturing line to make products. Gold and Silver can be melted down and used in manufacturing products.

I really think China and Russia will buy even more Gold and Silver now. Who knows.

[old steel]

They want to drive it down and take physical out of our hands. We have already seen a few forced sales of silver on this board.

All this before our world is turned upside down.

Remember this one? Like FEMA would ever save your ass.


http://www.youtube.com/watch?v=nWGPCoOV400

[Santa]

It'll be like a parade when the ChinoRuskki's come rolling into town. The people will be celebrating and waving their red flags of victory and selling tasty rat burgers and fried meal worms at concession stands for silver dimes.

[Spectrism]

This guy has been real accurate.... and real cool.



Mining Shares I Like Ahead of the Gold Rush



by Larry Edelson

Mark my words:
A. Gold and silver are now in their final bottoming process, with a bottom not too far off in time or price.
B. Once the bottom is confirmed, gold will be on the launching pad for a move to $5,000 plus over the next few years; silver, to more than $125.
C. Most investors will miss a good portion of the metals' next bull runs higher. Chief reason: They will be waiting for signs of inflation to reappear, when inflation will actually have little to do with the next leg up in the precious metals.
D. Most investors, just as importantly, will be buying the WRONG mining companies as another way to profit from the next bull run higher in the precious metals.
They'll focus on tiny, beat-up junior exploration companies, when, in fact, only a select handful of juniors will reap the benefits of the next precious metals bull market.


Or, they'll focus on senior miners, laden down with too much debt, or seniors that have started to re-hedge their resources and reserves, thinking gold and silver are in long-term bear markets.
Which brings me to the focus of today's column: A list of mining companies I want you to have that are now on my radar screen. Companies that I may soon be pulling the trigger on.


Of course, specific recommendations are reserved for members of my publications — including the Real Wealth Report and its more active sister trading services, the Gold and Silver Trader and Power Portfolio.
Members will get all the details, including exactly what and when to buy, how much to buy, what price to pay, how to reduce risk, and how to maximize profit potential by trading in and out of them.
And many of the companies I recommend may not even be on the list I have for you today. They are strictly reserved for members only.
Plus, I am now seriously looking at warrants on mining company shares. Warrants are a bit like options, only you don't have serious time decay when you purchase them, and unlike options, they can represent a convertible security that can be transformed into direct shareholdings.
And even better, many warrants are trading at fractions of a penny!
But since I've been inundated with emails asking me what miners I like going forward, I think everyone has a right to know what I am looking at.
So here we go. A list of 10 you might want to keep handy:
1. Goldcorp Inc. (GG)
2. Yamana Gold, Inc. (AUY)
3. Newmont Mining Corp. (NEM)
4. Agnico Eagle Mines (AEM)
5. Freeport-McMoRan Copper & Gold Inc. (FCX)
6. Hecla Mining Co. (HL)
7. Eldorado Gold Corp. (EGO)
8. New Gold, Inc. (NGD)
9. Franco-Nevada Corp. (FNV)
10. Randgold Resources Limited (GOLD)
Now, on to a brief review of a few other markets.


First, the dollar: It's bottoming and about to explode higher against the euro. Chief reasons: the war cycles which favor the dollar, and the terrible condition Europe is in.
The best ways to profit: Consider a long dollar ETF, such as PowerShares DB US Dollar Index Bullish Fund (UUP) and ProShares UltraShort Euro (EUO) for a short position on the euro.

Second, the stock market: We now have the first leg down in place. Expect a bounce, then another leg down. Final support should come into play somewhere between 14,300 and 14,965 for the Dow Industrials. Then a big move up, to new highs.
For the next leg down, consider an inverse ETF such as ProShares UltraPro Short S&P 500 (SPXU) or the ProShares UltraPro Short Dow30 (SDOW).
Then, when the Dow bottoms, consider a leveraged ETF for the upside, such as the ProShares UltraPro Dow30 (UDOW) or the ProShares UltraPro S&P 500 (UPRO).

Third, commodities, in general. There's a bit more downside coming, mainly in the ags, in base metals like copper, and in crude oil. But not all that much.
Precious metals should bottom first, but when the rest of the sector bottoms, fasten your seatbelts: There's going to be tons of money to be made as the commodity sector enters its next bull run higher.
Best wishes and stay tuned ...
Larry

[Spectrism]

If the dollar is rising, this spells a drop in the short term metals prices. Too many variables towork out. A war cycle favors the dollar IF the US is not being bled in the wars. We cannot hold onto that historical advantage any longer.

[mick silver]

buy real silver an gold with the paper you have , mining stock are just more paper that i can never hold in my hands ...

[1970 silver art]

Holly macro.........is cold here............Silver Art? no lunch for you today, go to your room :(

V

Ponce? Lunch? I already had lunch many hours ago. I am eating dinner now. I am eating an Italian hero sandwich and drinking some apple juice while watching silver go down. BTW thanks for that roll of tp you gave me. :)

[Shami-Amourae]

They want to drive it down and take physical out of our hands. We have already seen a few forced sales of silver on this board.

All this before our world is turned upside down.

Remember this one? Like FEMA would ever save your ass.


http://www.youtube.com/watch?v=nWGPCoOV400

FEMA does recommend people have a bug-out bag (or a get-home bag as they call it.) Can't see anything wrong with that.

[Dogman]

Highly recommended to have at least a get home bag. I carry a very good first aid (can do minor surgery to maybe more) kit,bag,stove, etc. food for at least 3 days water for the same , plus a filter. All compacts down to a small cube. Just basic crap that if something happens I can get comfy to ride out any short blip in the road.. Carry much more than that to the point I can setup anywhere and at least be good for 3-4 days or more. That is what I carry in my car. Been doing this since the late 70's-early 80's working the oil field where most leases were in the middle of nowhere.

Also been waiting for the worlds economic crash to happen since then also, when the savings and loans crashed. Back when the world as we knew it was going to end.

Seems nothing as changed much over the last 30 or so years.

;)

[Atocha]

Wouldn't $8 silver cause many mining operations to shut down? How could they remain mining when the payout is so low?

I agree. I do not see how manufacturing or production can withstand $8 silver.

[Dogman]

I agree. I do not see how manufacturing or production can withstand $8 silver. They can not, there is a cost to mine/process once that cost is less than profit the layoffs and closures will begin.

Will you spend a dollar to make .50cents. gov's will do it but most privet corps will shut down.

Unless there is a major readjustment in the worlds markets, all is profit driven.

[aeondaze]

So far so good. No drop below $19, no concerted effort to push it below this support level.

So my theory is this isn't actually a support level, if they wanted to smash the price below this they could. What $19 actually represents is the average cost to mine the stuff. Some will make a profit, others won't and will be bought out by the deep pockets. They've left the price where it is so the that production will not dry up. Its not in their interests to stop the supply and disrupt the consumer markets in igadgets which is partly sustaining the system at the moment.

So no drop to $8 or for that matter under $18-$19.

Saying the price won't go to $50 by the end of a particular year when the blow off top was in place is completely different to saying the price will be $8 by sometime in 2017 when the price has held firm above certain levels for nearly 12 months. I actually don't understand the motive to making that prediction either, you've stated you don't care what the price is going to be because you've got a stupid little collector thingy going on, so whats the point of making a prediction, shits and giggles doesn't cut it for me, either your are attempting to destroy sentiment, or you get some kind of superiority rush because you believe your immune to the price.

It seems odd to me, Just sayin'

[Spectrism]

By 2017 or at the latest 2018, I expect silver and gold will both be less than $5/oz.

Eze 7:1 Moreover the word of the LORD came unto me, saying,
Eze 7:2 Also, thou son of man, thus saith the Lord GOD unto the land of Israel; An end, the end is come upon the four corners of the land.
Eze 7:3 Now is the end come upon thee, and I will send mine anger upon thee, and will judge thee according to thy ways, and will recompense upon thee all thine abominations.
Eze 7:4 And mine eye shall not spare thee, neither will I have pity: but I will recompense thy ways upon thee, and thine abominations shall be in the midst of thee: and ye shall know that I am the LORD.
Eze 7:5 Thus saith the Lord GOD; An evil, an only evil, behold, is come.
Eze 7:6 An end is come, the end is come: it watcheth for thee; behold, it is come.
Eze 7:7 The morning is come unto thee, O thou that dwellest in the land: the time is come, the day of trouble is near, and not the sounding again of the mountains.
Eze 7:8 Now will I shortly pour out my fury upon thee, and accomplish mine anger upon thee: and I will judge thee according to thy ways, and will recompense thee for all thine abominations.
Eze 7:9 And mine eye shall not spare, neither will I have pity: I will recompense thee according to thy ways and thine abominations that are in the midst of thee; and ye shall know that I am the LORD that smiteth.
Eze 7:10 Behold the day, behold, it is come: the morning is gone forth; the rod hath blossomed, pride hath budded.
Eze 7:11 Violence is risen up into a rod of wickedness: none of them shall remain, nor of their multitude, nor of any of theirs: neither shall there be wailing for them.
Eze 7:12 The time is come, the day draweth near: let not the buyer rejoice, nor the seller mourn: for wrath is upon all the multitude thereof.
Eze 7:13 For the seller shall not return to that which is sold, although they were yet alive: for the vision is touching the whole multitude thereof, which shall not return; neither shall any strengthen himself in the iniquity of his life.
Eze 7:14 They have blown the trumpet, even to make all ready; but none goeth to the battle: for my wrath is upon all the multitude thereof.
Eze 7:15 The sword is without, and the pestilence and the famine within: he that is in the field shall die with the sword; and he that is in the city, famine and pestilence shall devour him.
Eze 7:16 But they that escape of them shall escape, and shall be on the mountains like doves of the valleys, all of them mourning, every one for his iniquity.
Eze 7:17 All hands shall be feeble, and all knees shall be weak as water.
Eze 7:18 They shall also gird themselves with sackcloth, and horror shall cover them; and shame shall be upon all faces, and baldness upon all their heads.
Eze 7:19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
Eze 7:20 As for the beauty of his ornament, he set it in majesty: but they made the images of their abominations and of their detestable things therein: therefore have I set it far from them.
Eze 7:21 And I will give it into the hands of the strangers for a prey, and to the wicked of the earth for a spoil; and they shall pollute it.
Eze 7:22 My face will I turn also from them, and they shall pollute my secret place: for the robbers shall enter into it, and defile it.
Eze 7:23 Make a chain: for the land is full of bloody crimes, and the city is full of violence.
Eze 7:24 Wherefore I will bring the worst of the heathen, and they shall possess their houses: I will also make the pomp of the strong to cease; and their holy places shall be defiled.
Eze 7:25 Destruction cometh; and they shall seek peace, and there shall be none.
Eze 7:26 Mischief shall come upon mischief, and rumour shall be upon rumour; then shall they seek a vision of the prophet; but the law shall perish from the priest, and counsel from the ancients.
Eze 7:27 The king shall mourn, and the prince shall be clothed with desolation, and the hands of the people of the land shall be troubled: I will do unto them after their way, and according to their deserts will I judge them; and they shall know that I am the LORD.

[aeondaze]

By 2017 or at the latest 2018, I expect silver and gold will both be less than $5/oz.


Good for you. I see no value whatsoever in the new testament, its the last place I'd look for answers to anything so its amusing when I see you base EVERYTHING on it.

Each to their own I guess...:rolleyes:

[EE_]

By 2017 or at the latest 2018, I expect silver and gold will both be less than $5/oz.

By 2018 I'm expecting $2.75 silver and $250 gold.

Definately should dump PM's now!

[Spectrism]

Good for you. I see no value whatsoever in the new testament, its the last place I'd look for answers to anything so its amusing when I see you base EVERYTHING on it.

Each to their own I guess...:rolleyes:

Oh, you miss the greatest treasures!



By 2018 I'm expecting $2.75 silver and $250 gold.
Definately should dump PM's now!

Of course not. Timing is important. Wait until silver reaches $107 and gold is $3200. Converting one asset into another is how you play it. After all, you can't take a coin with you when you die.

If you are one to see the new Jerusalem and you bring gold bricks with you, people will ask you why you brought pavement.

Rev 21:21 And the twelve gates were twelve pearls; every several gate was of one pearl: and the street of the city was pure gold, as it were transparent glass.

[1970 silver art]

So far so good. No drop below $19, no concerted effort to push it below this support level.

So my theory is this isn't actually a support level, if they wanted to smash the price below this they could. What $19 actually represents is the average cost to mine the stuff. Some will make a profit, others won't and will be bought out by the deep pockets. They've left the price where it is so the that production will not dry up. Its not in their interests to stop the supply and disrupt the consumer markets in igadgets which is partly sustaining the system at the moment.

So no drop to $8 or for that matter under $18-$19.

Saying the price won't go to $50 by the end of a particular year when the blow off top was in place is completely different to saying the price will be $8 by sometime in 2017 when the price has held firm above certain levels for nearly 12 months. I actually don't understand the motive to making that prediction either, you've stated you don't care what the price is going to be because you've got a stupid little collector thingy going on, so whats the point of making a prediction, shits and giggles doesn't cut it for me, either your are attempting to destroy sentiment, or you get some kind of superiority rush because you believe your immune to the price.

It seems odd to me, Just sayin'

Yeah it is odd but it is what it is. The reason that I do it because it is a gut feeling prediction that I have and I feel that I will be right on it. The fact that I am a silver art bar collector is irrelevant since I enjoy it as a hobby and I will continue to buy '70's silver art bars regardless of what spot silver is doing. I am not trying to destroy any type of sentiment on here or anywhere else and I do not have any sort of superiority rush. I am just a normal person. People are going to feel whatever they feel on gold and silver regardless of what gut feelings I have on it. I do watch the metals markets just like I watch the stock market and the crypto markets. That is something that I like to do. That is the best answer that I can give you on why I am calling some of these gut feelings on silver.

You also need to keep in mind that NOBODY really knows what direction silver (and gold) will go in and by how far it will go. My gut feeling on silver is just that.......A gut feeling. Nothing more nothing less. My gut feeling is something that I cannot put on a chart or explain using TA or explain with fundamentals and that is why I say cannot back it up with anything. I feel that strongly about my gut feeling on silver and that is why I post it as I do. I just feel that way that I do about silver and have been bearish on silver since early 2011 when I made my 2011 gut feeling prediction on this forum. I feel that we will see $8 silver by March 2017 and I will not back down from that since that is what I feel about silver. Silver did not break $19 yet but I feel that it will and the 2013 silver intra-day low of $18.14 will get taken out on the downside this year. This silver bear is still playing out. You have a right to disagree with me and that does not bother me since I am an Internet Tough Guy. At this point we will have to agree to disagree on this and revisit this subject later this year (end of this Summer?) to see where silver stands.

[StreetsOfGold]

Good for you. I see no value whatsoever in the new testament, its the last place I'd look for answers to anything so its amusing when I see you base EVERYTHING on it.

Each to their own I guess...:rolleyes:

The verses quoted are OLD testament and the context was the END - "An end, the end is come upon the four corners of the land. "
It's a prophetic reference!!

I choose the name streets-of-gold because what men lust for here on earth is what the saved folks will be walking on in new Jerusalem.
God's irony - He makes the most valuable REAL "money" here the equivalent of "dirt" there.

Job 36:18 Because there is wrath, beware lest he take thee away with his stroke: then a great ransom cannot deliver thee.
Job 36:19 Will he esteem thy riches? no, not gold, nor all the forces of strength.

[Sparky]

By 2017 or at the latest 2018, I expect silver and gold will both be less than $5/oz.
...

I don't see anything in these bible passages that references 2017 or 2018.

[chad]

I don't see anything in these bible passages that references 2017 or 2018.

it's probably his "gut" feeling.

[Horn]

Figured the thread would go biblical before a chance to form a thought

[Ponce]

Ship sinking? turn the ship into a submarine and you will be just fine.........

V

[Spectrism]

I don't see anything in these bible passages that references 2017 or 2018.

You ARE a sharp one. You picked that up all by yourself. Bully for you!

Those verses describe what happens after the land is overrun and people cannot even feed themselves. If you are still around in those days, think about having a quiet little big out location that nobody would want. During the storm, it is better to stay in shelter and wait out the external action if your shelter is hidden.

[Spectrism]

Re: Metals sinking like the Titanic

Ship sinking? turn the ship into a submarine and you will be just fine.........
V

The title should be: Metals sinking like Titanium

http://www.politifake.org/image/political/1210/obama-the-lame-duck-battaile-politics-1351029566.jpg (http://www.politifake.org/obama-the-lame-duck-battaile-politics-23205.html)

[7th trump]

I don't see anything in these bible passages that references 2017 or 2018.

Don't let spectrism fool you....those passages arent what he purports them to be.
Those passages are describing the 7th trump....."the return of Christ".
You'll be judged on your good and evil deeds (not riches or fame)...gold and silver will not mean a damn thing to Christ so naturally the fools who thought their riches will buy their way into salvation are disappointed and throw the gold and silver to the ground...it wont save them....its worthless!

The 6th trumpet is lucifer (satan, the old dragon, the son of perdition...he has many names and roles). Lucifer comes into this world peacefully and prosperously...and why wouldn't he be....hes playing the role of the "instead of Christ"...a fake Christ whos come to save the day!

The world will flock (fooled) to this abomination who stands in Jerusalem claiming to be Christ.

[Sparky]

I don't see anything in these bible passages that references 2017 or 2018.


You ARE a sharp one. You picked that up all by yourself. Bully for you!

Those verses describe what happens after the land is overrun and people cannot even feed themselves. If you are still around in those days, think about having a quiet little big out location that nobody would want. During the storm, it is better to stay in shelter and wait out the external action if your shelter is hidden.

Seriously, I'm trying to understand how you came up with your time frame. People have anticipated for centuries that we are approaching the end times. Why do you think we are 3 or 4 years away, and not 6 months, or 10 years, or 100 years? There is often the argument that "things are now worsening dramatically" so there is not much time left, but again, that has been claimed for centuries. One could argue that things looked much more bleak during the Dark Ages, a thousand years ago.

[madfranks]

Seriously, I'm trying to understand how you came up with your time frame. People have anticipated for centuries that we are approaching the end times. Why do you think we are 3 or 4 years away, and not 6 months, or 10 years, or 100 years? There is often the argument that "things are now worsening dramatically" so there is not much time left, but again, that has been claimed for centuries. One could argue that things looked much more bleak during the Dark Ages, a thousand years ago.

Every generation thinks theirs is the last one. My grandparents did, my parents did, and I'm tempted to as well, but historical perspective teaches me that the end of the world might not come in my lifetime.

[EE_]

Every generation thinks theirs is the last one. My grandparents did, my parents did, and I'm tempted to as well, but historical perspective teaches me that the end of the world might not come in my lifetime.

My definition of the 'end of the world' is a mass die off.
I do believe it will come before all the baby boomers have retired and have tapped into the government system.
One difference between now and your grandparents generation, is all the nuclear power plants that are breaking down and all the nuclear weapons the world possesses.
This planet will be seen as a green glowing orb from space one day. No human, plant, or animal will escape it's effects.

[Sparky]

My definition of the 'end of the world' is a mass die off.
I do believe it will come before all the baby boomers have retired and have tapped into the government system.
One difference between now and your grandparents generation, is all the nuclear power plants that are breaking down and all the nuclear weapons the world possesses.
This planet will be seen as a green glowing orb from space one day. No human, plant, or animal will escape it's effects.

Isn't this too US-centric? It seems that any US crisis would result in a much more dramatic crisis worldwide. The US has far more real resources available to withstand a financially-induced crisis, such as those related to debt, fiat currency, and too many financial promises.

I view the nuclear scenario to be much more bleak. A financial crisis can be withstood, because finance is simply an accounting system, for which problems simply create a dislocation in availability and distribution of resources. But the actual raw resources are still there to pick up the pieces. There is opportunity for those who are prepared and/or resourceful to survive. Nukes gone bad are far less forgiving in terms of survivability.

[Horn]

This planet will be seen as a green glowing orb from space one day. No human, plant, or animal will escape it's effects.

Where's Taarna when you need her?

She's gonna kick some mutated EE_ ass. :)


http://www.youtube.com/watch?v=77Dsm1WlKKc

[Horn]

Isn't this too US-centric? It seems that any US crisis would result in a much more dramatic crisis worldwide.


http://www.youtube.com/watch?v=iHsx1cvACkY