Mike Maloney : as far as the sell-off goes I really do not care , well actually I do I am hoping silver will go down a little bit more because I want to buy more , I want a lot more . silver has yet to exceed its 1980 High we came within a breath of it but it hasn’t exceeded its 1980 high , can you name one thing on this planet that is still selling at a discount to its 1980 price !? …
the dollar is on its death bed , the Euro is on the verge of break out , people do not realize that every 30 to 40 years the world has a new monetary system , the dollar is doomed , gold is going to go to infinity so is silver, measuring gold and silver in dollar is idiotic , gold is not anywhere near a bubble , silver is money just like gold , the dollar is a currency not money ….when gold and silver are in the run away it means that the death of the currency is right around the corner , the Hunt brothers were used as the sacrificial lamb to save the US Dollar , the precious metals always always win.
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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Sunday, May 22, 2011
Gold and Silver will continue to outperform real estate
Richard Daughty aka The Mogambo Guru interviewed by Mike Maloney on the margin of the silver summit , about the Gold and Silver Fundamentals , and where he sees the prices of these two precious metals going from here , and his expectation for inflation , " we are all freaking doomed , it is going to get worse and worse and worse because inflation always follows the inflation in money supply , and the money supply right now is increase at a rate of 14 percent a year ! he said , anybody that is still a Keynesian today he must be insane ...it is going to get bad because there is not one single instance in the last 3000 years in history of mankind when this thing has ever worked out ,and I have a hard time believing that this time we gonna pull it off he added ...Gold and Silver will continue to outperform real estate
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Richard Daughty
Gold and Silver are God's Money
Only Gold And Silver Can Be Real Money . The dollar and with it all paper money are quickly losing value and the whole debt crisis is emerging, Farming and Agriculture is a great way to be self sufficient and also Gold and Silver are Gods money and not the dollar or any other paper currency. Now is a good time to prepare and have a shift in values.My suggestion is to hoard physical gold and silver for the next two to 5 years and when the prices of gold and silver become astronomical in the range of $10000 an ounce for gold and $15000 an ounce for silver , to convert part of your gold and silver into real estate and especially into farmland , keep 50% of your gold and silver cause the prices are probably go even higher in the range of 50K to 80K an ounce for gold ...during the Weimer republic hyperinflation , people were able to buy whole blocks of real estate in the heart of Berlin for few ounces of Gold, history repeats itself as we know especially for those like Ben Bernanke who never learn their lesson
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