Monday, February 21, 2011

Oil Super Spike! Silver Breaks $34 an ounce!!!

Gold is going CRAZY right now! I saw it go up 60 bucks in the last 5 days.. silver up 4 bucks in the same time We aren't breaking even with the rest of the world yet. Silver overseas is trading at over $45. When we hit that, then we can start seeing the real rises in price.US will never ever (or afford to) pay back the loans from China, Japan, Saudi, Korea, Taiwan..... Someone works out it will take 40 + years 40 + years....if the US decides to pay back 1 billion dollars a day. Yep, most of us would be gone by then.

Oil is going to be at the center of our problems. Middle East instability is heating up. Never mind peak oil just the instability alone will cause oil production slow. Saudi Arabia is firing on its own people this will only escalate things. The whole region is on fire right now. Oil, Metals, all commodities are going nuts. Treasuries are sun setting making me feel something big is coming soon.

Max Keiser takes on Jon Nadler of KITCO

Max Keiser takes on Jon Nadler of KITCO



Nov 2006: Jon Nadler predicted gold average to be $800 per ounce for 2010. The 2010 high was $1,423 & the low was $1,061.

Oct 2008: Nadler predicted gold to be in the low $500 an ounce range in 2010 LOL.

Dec 2008: Nadler predicted 2009 price of gold average would be $810 per ounce. Wrong again. 2009 average was $972.

May 2010: With gold at $1200, Nadler predicted 2010 price would end "between $680 and $880." LMAO!

Jon Nadler : Nadlerisms : An analysis of the Kitco Spokesman : What has he said, and was he right?

David Morgan - Silver Investor - Escape The Matrix

David Morgan - Editor, Silver-Investor.com - Escape The Matrix

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