http://www.youtube.com/watch?v=pm04H...layer_embedded
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Every time I see one of these 'predictions' they did make me wonder. Now I want to see the $70.00 or so increase before I will agree anymore. Just like the "Doom" is six months away, then they wash and repeat.
Well, one of these days, one of these predictions will come true. I am just not holding my breath. But I do have my eyes on a nice watch when silver does pop. Gotta have some fun with all this misery that is to follow.
Property?Quote:
Originally Posted by Uncle Salty
I do not think it will be all that miserable, there will be a readjustment time, as globalization dies under the death of FIAT currencies.Quote:
Originally Posted by Uncle Salty
so local producer will need to retool, local farmers, local manufacturers, etc,
just cause and effect, china mart will not be affordable, so mom and pop will find a local guy to do it cheaply, the time it takes the local guy to learn how to do it, source the material locally, etc will be painful
Here is my summary:
Big moves coming, especially in silver.
JP Morgan manipulation scandal to break, similar to LIBOR impact.
Takes weeks, even months to take delivery of big amounts of silver.
$50-$60 real, soon, then to $100 shortly, and then a breather.
Massive buying of gold and silver by big players, i.e. countries.
Cartel is running out of physical supply at these low prices.
Cartel is hitting the wall when it comes to demand.
JP Morgan is short three times what is available for delivery on COMEX.
They can only defend at these lower prices for so long.
Gold and silver shares are so undervalued and will soon soar!
I agree! This is an oldy but a goldy: Mike Maloney's Debt Collapse 90 minute presentation:Quote:
Originally Posted by Uncle Salty
http://www.youtube.com/watch?v=tj2s6vzErqY
http://www.youtube.com/watch?v=tj2s6vzErqY
Anyone who has been paying attention will know 90% of the material presented. But the presentation on wealth cycles abd relationship between currency volumes and physical silver and gold was riveting - it really crystallizes the subject perfectly. So if you're pressed for time fast forward 0:52 to catch the last 40 minutes. After you watch this, you will have no doubt in your mind that silver and gold are going much much higher in price within the next 3-4 years, as in 5-10-fold! Even with the recent consolidation, silver and gold are the best performing assets of the last few years!
I'm not holding my breath until I see 50 breached solidly and held above that point.
Me too. That is where the rubber meets the road. The first attempt was defended like the Alamo. This time, silver wins. But the question as always is....when?Quote:
Originally Posted by osoab