Run up to Gold s peak in early 1980. Some newspaper articles to give you an idea of what it might look like to be in a Gold bubble plus some quick clips from Youtube Gold videos. Thanks if your vid was included in advance. Used it because I admire it. - TheBullionBoy. Music Gold by Spandau Ballet - Cheesey I know
Gold Silver Bubble Peak Price 1979 1980 Peter Schiff Max Keiser Jim Rogers Mike Maloney David Morgan Bob Chapman Alex Jones 2010 2011 2012 GATA CFTC Burst Collection Articles Crash JP Buy TheBullionBoy Bullion Boy price manipulation dollar precious metals
Thursday, January 20, 2011
A Gold standard in the fiat era
This is a movie with historical facts, issues and situations that have occurred. This will break down the whole history of a gold standard and what is all entailed of going back to one , a Gold Standard or a Mixed Metals standard would be a good idea
I think a Gold Standard or a Mixed Metals standard would be a good idea, but if you just made it a single metal like Gold, you'd have to account for the value of all new assets that have been created since Gold was the standard and re-value Gold to something like $15,000 to $25,000 per ounce or even higher. It's a better option than continuing on the fiat currency debt-based model of exponential growth. Our current system is in process of burning out and sending us into poverty and war.It always comes back to bailing out the banks. Also most of these depressions are engineered so that the banks can buy pennies on the dollar. Government and banks must not be allowed to issue any currency. It must be free market based on gold and other commodities. The line in the sand must be drawn there is no manipulation can occur. The banks would not be able to own all the gold in world(Oz People say) as they would not be allowed to issue any currency in my scenario to buy it. The easy money policies of the 20's had to be offset by deflation in the 30's. Had the government stayed out of the economy, the 30's depression would have been short lived. Check out the short lived 1921 depression.
I think a Gold Standard or a Mixed Metals standard would be a good idea, but if you just made it a single metal like Gold, you'd have to account for the value of all new assets that have been created since Gold was the standard and re-value Gold to something like $15,000 to $25,000 per ounce or even higher. It's a better option than continuing on the fiat currency debt-based model of exponential growth. Our current system is in process of burning out and sending us into poverty and war.It always comes back to bailing out the banks. Also most of these depressions are engineered so that the banks can buy pennies on the dollar. Government and banks must not be allowed to issue any currency. It must be free market based on gold and other commodities. The line in the sand must be drawn there is no manipulation can occur. The banks would not be able to own all the gold in world(Oz People say) as they would not be allowed to issue any currency in my scenario to buy it. The easy money policies of the 20's had to be offset by deflation in the 30's. Had the government stayed out of the economy, the 30's depression would have been short lived. Check out the short lived 1921 depression.
World Silver Supply Approaching Zero!
Silver Is the absolute best investment for the 21st century! The opportunity we have today is a once in a hundred year phenomenon.Silver is the rarest metal on the planet, it will go to the moon, then it will go to the sun, then it will leave the solar system.
there were 12 billion ozs. of Ag in 1900 and there is only 1 billion now where did the rest go? It can't just disappear. Don't get me wrong I am bullish on silver but I think this is a legitimate question.its in mobiles, computers, appliances, batteries, medial, photography... ETC - its used in about 10,000 unqiue applications.In Mike Maloney's book "Guide to Investing in Gold and Silver" he cites the USGS that says that there are 25 years supply of silver in the ground and 30 years supply of gold.some people are saying silver could get to 50,000 an ounce ,Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.
silver might very well go near 1:1 ratio, but alot of people will learn to salvage from broken products such as cell phones and pc towers to salvage silver/gold scrap. still, drop the fucking worthless paper., unless your out of toilet paper, 100 dollar bills will work fine for that when shit hits the fan.In 1964, JFK started printing U.S. notes backed by our 4 billion ounces of silver. He was killed a couple months later. LBJ stopped the printing 11 days later. The PTB sold off the silver to make sure that no one else got any bright ideas. It took a while to sell 4 B ounces. It ran out Nov of 2005. I bought 2 weeks later. It's been on a tear ever since then. No big surprise. On of the new, big uses of silver is for anti-bacterial clothing. A LOT of silver is used in electrical contacts.
Silver reserves approaching ZERO. Price explosion must follow!
there were 12 billion ozs. of Ag in 1900 and there is only 1 billion now where did the rest go? It can't just disappear. Don't get me wrong I am bullish on silver but I think this is a legitimate question.its in mobiles, computers, appliances, batteries, medial, photography... ETC - its used in about 10,000 unqiue applications.In Mike Maloney's book "Guide to Investing in Gold and Silver" he cites the USGS that says that there are 25 years supply of silver in the ground and 30 years supply of gold.some people are saying silver could get to 50,000 an ounce ,Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.
silver might very well go near 1:1 ratio, but alot of people will learn to salvage from broken products such as cell phones and pc towers to salvage silver/gold scrap. still, drop the fucking worthless paper., unless your out of toilet paper, 100 dollar bills will work fine for that when shit hits the fan.In 1964, JFK started printing U.S. notes backed by our 4 billion ounces of silver. He was killed a couple months later. LBJ stopped the printing 11 days later. The PTB sold off the silver to make sure that no one else got any bright ideas. It took a while to sell 4 B ounces. It ran out Nov of 2005. I bought 2 weeks later. It's been on a tear ever since then. No big surprise. On of the new, big uses of silver is for anti-bacterial clothing. A LOT of silver is used in electrical contacts.
Silver reserves approaching ZERO. Price explosion must follow!
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