Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
“Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
H.L. Mencken
"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
H. L. Mencken
Mouse (15th April 2013),Son-of-Liberty (15th April 2013)
I think the other way around.... the paper price skyrockets. There won't be enough worthless paper for an ounce of gold. You are right in your viewpoint- but are gold & silver really bidding for dollars or is it the money managers pretending they are? Since there is no physical metal to tie to the bids, I think the game is all fake at this point. They will convey so many tons of metals to keep up appearances, but they are keen to buy off demand with excess paper profits when supplies are showing too lean.
SPECTRISM time countdown2025
gold VIX at record levels (pre-lehman),
something huge has broken
seriously
http://www.zerohedge.com/news/2013-0...nverted-lehman
Things we KNOW : powerful forces are working in concert with the enemies of freedom to make it APPEAR that pm's are suddenly worth LESS than they were a few days ago. and, even they are unable to do this with actually buying or selling actual pm's so, just like the newsmedia they shuffle paper,print lies, and watch the sheep panic in their little pens. I am not panicing not selling not changing my plan of converting worthless paper to eternally valuable silver.
mick silver (15th April 2013)
That is the million dollar question. Things do not make sense sometimes. Perhaps the powers that be do not want people to be independent. In fact I know they don't.
Gold, Silver, Beans and Bullets. I have seen what they have done to the ammo supply, I see what they are doing to gold and silver. Will food be next?
Water eventually finds its level. There is to much sloshing right now.
Instead of confiscation, which is hard to do, make the people panic and they themselves will sell it. I am not going to panic.
Damn the torpedoes...Full steam ahead.
Agree! From what I understand, it is not necessarily that Gold or Silver is worth less BUT the dollar is stronger or weaker.
With the deficit in the TRILLIONS or maybe QUADRILLIONS, a sane person can not tell me that the pieces of paper backed by the American Taxpayer are worth more than a tangible item. The American Taxpayer is quickly becoming extinct. They are just moving digits on spreadsheet columns making the appearance that gold and silver has no value. It is a lie.
mick silver (15th April 2013),midnight rambler (15th April 2013)
so maybe they are getting rid of all their short positions, to let the metals run, about a week ago Sinclair said there was a shift in the market
they would need 1 final plow down to unwind all those positions,
Jim Willie explains it all:
Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon