Monday, August 8, 2011

Silver vs. Gold

Silver’s intrinsic value has appreciated considerably more than gold’s intrinsic value has in terms of the worthlessness of privately-owned borrowed-paper-bond phony ‘labor exchange currency’. The loss in private-paper monopoly “labor exchange ducat” value in terms of gold’s intrinsic value may look big (gold price rises may look bigger) than the loss of paper ducat value in silver but silver has less intrinsic value per-unit weight. As a percentage of their unit price, silver units have “gone up” (retained their worth and rarity values, against ever-more, ever-cheapening labor exchange ducat values) much more than gold units have. Savers are retaining more of their savings worth with silver savings than they are with gold savings. 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

Donald Trump on the US Downgrade by S&P

Donald Trump : " I'm not a big fan of S&P.I have to start up by saying that I've watched them over the years. i've watched them giving rave reviews, which has absolutely crashed around them. i don't think they know more than anyone else. i think they're probably doing this as a way of trying to resurrect their reputation, which is terrible. I'm not a big fan. with that being said, we have a dysfunctional government, we have a dysfunctional country, we have no leadership, and a couple other minor little problems" Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Sunday, August 7, 2011

Gold could spike to $1700/ $1800 Monday morning when the markets open

This S&P Downgrade might also help send the Gold north of $100/oz $1800/oz and it may increase the process of global holding says Economist Max Fraad Wolff , Gold may become a substitute to the dollar as the world reserve currency



The Maggots will thrive in the rotting corpse that used to be our economy. The vultures and hyenas will feast and fatten on the bloated corpse that used to be our middle class. When the flies hatch and buzz away all that will be left are bones and a greasy spot. Welcome to the new 2 class social order...the elite and everybody else.

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
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