Happy New Year!! I hope the price gets smashed so I can buy more... but it doesn't matter what the price is. I will keep trading in my debt notes for real money. Happy New Year.What some people don't understand is that only BUBBLES pop and Silver is UNDER-VALUED and NOT IN A BUBBLE!
NOTE: The normalcy bias refers to an extreme mental state people enter when facing a disaster. It causes people to underestimate the possibility of a catstrophe becuase it has not happened to them previously. ** My example is actually a form of REVERESE nromalcy bias, because a "crash" in silver IS the norm for coin guys - they are therefore "certin" it will happen agin, as it always has.
I have been buying on Ebay for four years and was choosing from pages of 100 ounce bars, 10 ounce bars and rolls of one ounce coins from US, Canada and Austria. Not any more. I have to think that the people who are reporting a shortage that will send prices higher are more likely correct than those that are looking at some historical trend chart. I really can't see a mad stampede to sell physical metals to go back into bonds at a couple of percentage points higher.
Friday, December 31, 2010
Bob Chapman Outlook for 2011 - Alex Jones TV
Alex Jones & Bob Chapman's 2011 Outlook: Total Dollar Devaluation, and Further Loss of Liberties
Alex also talks with regular Friday guest Bob Chapman of the International Forecaster. Alex will be on the air for four hours today in a special show on this last day of 2010. He also covers the news and takes your calls.
Bernanke both author and critic of quantitative easing, the latest bogus statistics, gold moving higher, hiding behind incompetence in the system, housing sales up but far from healthy, FCC taking over the internet.
Donald Trump: The 7up Story
Donald Trump and The 7up Story , a lot of times the NOs can make your life a lot better than those YESs ....
Robert Kiyosaki Is Predicting A $6,000/oz. Silver Price In The Next Couple Years
Most people still have no clue about the potential for the silver metal price.Robert Kiyosaki made the following future silver price prediction of $6,000 during an interview on FTM Daily in November. I basically agree but Bill Still who made the movie and also produced Money Masters 15 years ago says that even if you can't trust Gov. to not over print at least the money they world coin wouldn't be debt like it is now. What do you propose as the best monetary system for the United States. Can the Rothchilds with an estimated net worth north of $500 Trillion really be stopped from gathering up much of the gold on a gold standard?
Robert Kiyosaki on 2011, The Economy and MLM
Robert Kiyosaki agrees that 2011 is the time to be involved in an MLM or Home Based Business. We agree to. We teach people how to drive traffic to explode there existing business and if you don't have a business we know what are some great businesses to start. Join us in 2011 with leveraging your time, money and find out how
Peter Schiff: Gold and Copper Predictions for 2011
Peter Schiff: Copper/Gold Predictions for 2011
Peter Schiff also explains how to make tons of money in 2011 in his book - Crash Proof .This is a pretty good video of Peter Schiff discussing where he thinks commodity prices are headed in 2011. In particular, he focuses on copper prices. The mainstream will all interpret rising commodity prices to be a signal of increased demand and an economic recovery. Schiff says that this will be the wrong interpretation. It is actually the result of inflation.Get Paid In GOLD
Gold is safe in times of crisis
You would have to have been living under a rock to be unaware of the financial crisis sweeping the western world in recent years. Iceland, Greece, Germany, United Kingdom, Italy, Portugal, Spain, United States, Canada; almost every major country is experiencing either collapse or near collapse of its financial system. Representatives of the Federal Reserve Bank have publicly declared that the Fed has lost its ability to influence the US economy as it has done so successfully in the past.
The way to neutralize this present threat and return to yourself the value of your labor as represented in monetary terms, is to invest in the oldest store of wealth known to man - precious metals.
Investing in gold
For thousands of years, gold has been valued as a global currency, a commodity, an investment and simply an object of beauty. As financial markets developed rapidly during the 1980s and 1990s, gold receded into the background and many investors lost touch with this asset of last resort. Recent years have seen a striking increase in investor interest in gold.
Gold bullion is real, honest money...and, many say, the best form of money the world has ever known. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper money!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. It is universally accepted and can easily be bought and sold around the world. Leading investors and economists such as Marc Faber, Peter Schiff, Warren Buffett and Robert Kiyosaki say that the economy hasn't reached rock bottom yet and will get much worse. They have been recommending that we keep from 5% to 20% of our assets in the form of flexible units of gold or silver, so we in the event of hyperinflation still can acquire essential goods and services.
You would have to have been living under a rock to be unaware of the financial crisis sweeping the western world in recent years. Iceland, Greece, Germany, United Kingdom, Italy, Portugal, Spain, United States, Canada; almost every major country is experiencing either collapse or near collapse of its financial system. Representatives of the Federal Reserve Bank have publicly declared that the Fed has lost its ability to influence the US economy as it has done so successfully in the past.
The way to neutralize this present threat and return to yourself the value of your labor as represented in monetary terms, is to invest in the oldest store of wealth known to man - precious metals.
Investing in gold
For thousands of years, gold has been valued as a global currency, a commodity, an investment and simply an object of beauty. As financial markets developed rapidly during the 1980s and 1990s, gold receded into the background and many investors lost touch with this asset of last resort. Recent years have seen a striking increase in investor interest in gold.
Gold bullion is real, honest money...and, many say, the best form of money the world has ever known. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper money!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. It is universally accepted and can easily be bought and sold around the world. Leading investors and economists such as Marc Faber, Peter Schiff, Warren Buffett and Robert Kiyosaki say that the economy hasn't reached rock bottom yet and will get much worse. They have been recommending that we keep from 5% to 20% of our assets in the form of flexible units of gold or silver, so we in the event of hyperinflation still can acquire essential goods and services.
Nicole Foss : Canada's real estate to collapse by 90 percent
Nicole Foss' deflationary viewpoint on the Canadian Real Estate Bubble, and how the impending popping of the bubble may implode the Canadian banks, similar to that of other countries.
Buy Gold on Upcoming Weakness - Lou Grasso
NEW YORK (TheStreet) -- Lou Grasso of Millenium Futures sees gold pulling back in January creating a buying opportunity.
Lou Grasso :..."...We are because I think that gold -- the reason we've had Iran has everything to do with the economies of the world with the the recession that we we bad economic policies in interest rates whole thing and I don't see really an end to that I don't see that any of the major economies of the world are getting their fiscal house in order so I think gold and silver can go just -- So what are your protective level or -- that your. Well I've been calling for gold to hit somewhere between fifteen to -- team and some 15100 obviously is right around the corner but I think usually January -- a slight -- So I think in that pullback could we get eight or 10% pullback good time to -- I think we will -- fifteen to. The 6050. By mid year. -- should -- hopefully not 18100 but it. Hopefully we do get -- fiscal house in order and start to do......
Lou Grasso :..."...We are because I think that gold -- the reason we've had Iran has everything to do with the economies of the world with the the recession that we we bad economic policies in interest rates whole thing and I don't see really an end to that I don't see that any of the major economies of the world are getting their fiscal house in order so I think gold and silver can go just -- So what are your protective level or -- that your. Well I've been calling for gold to hit somewhere between fifteen to -- team and some 15100 obviously is right around the corner but I think usually January -- a slight -- So I think in that pullback could we get eight or 10% pullback good time to -- I think we will -- fifteen to. The 6050. By mid year. -- should -- hopefully not 18100 but it. Hopefully we do get -- fiscal house in order and start to do......
2011 the year of the Economic Collapse - Bob Chapman - December 30, 2010
FFw/JB Radio Show (12/30/2010): Bob Chapman
Bob Chapman, The International Forecaster, discussed a variety of topics during the first hour of the Thursday December 30, 2010 episode of the Freedom Files with James Burns Radio Show.Crude Oil on the Last Day of the Year
Lind-Waldock Strategist Richard Ilczyszyn discusses the energy futures markets. Topics covered: Energy Markets on the Last Day of the Year.
Stock Market on the Last Day of the Year
Lind-Waldock Strategist Matt Krupski discusses the stock index futures markets.
Coffee & Sugar Fall Big
Lind-Waldock Strategist Bill Dixon discusses the coffee, cocoa, cotton and sugar markets. Topics covered: Coffee & Sugar Fall Big; Support and Resistance Levels (Technical Analysis); U.S. Dollar's Affect; Cotton Market Analysis.
Currencies & Bonds on the Last Day of 2010
Lind-Waldock Strategist John Caruso discusses the currency and bond futures markets.
Subscribe to:
Posts (Atom)
However I feel that there are a few things that I think will prevent it from going to 6k:
silver is an industrial metal, but what would happen if industry is reduced (solar flare in 2012 according to NASA, oil prices way up ~ peak oil)?
I'm still going to buy a few ounces, it can't hurt
the rothschilds & an associated international clan are using US & NATO forces as their private army. they can put pressure on any govt to do what they want. including the confiscation or hefty taxes on gold. I think the chinese & russians will counter this effectively in the future with their own gold. they are the largest gold producers now. medvedev was showing off a gold coin at at G20 (or whatever) very recently. these are small hints like "get ready for gold". could be.