The Crammer had to spoil our party in gold and silver with his call to buy gold. www.thestreet.com Talk about rigging a unfree market. JS Kim another investor I trust called the market crash for October is saying don't buy gold right now. seekingalpha.com Evidence that gold is hard to find and we are living in a Soviet Union type price controlled markets. www.ft.com If you have no gold or silver, trade some paper for some even if it's just one ounce.
Tags: Dont, Gold, Lower
@davincij15 thing is gold will not go down at all unless USA really does create the Amero to temporally strengthen the currency, but you only get 10 cents on the dollar for Ameros with the same buying power as you have right now, therefore, the price of gold per ounce to dollar, I say will be infinite by 1 year, you need infinite dollars to buy 1 ounce, it will be that way soon watch. it will not go down much at all, it will simply gradually increase as the dollar becomes toilet paper.
@TheTrueJBV3737
Got it?
You are preaching to a pastor here, I know all that and I videos are about that. We get paid in dollars every single one of us soooo that means we need maximize the oz of gold we get with those dollars.
@davincij15
lol at correction on gold, you think its going to go down no? HA
You don't even know that gold doesn't go up or down, its the dollar that goes up or down, when gold goes up, the buying power of the dollar goes down, thats all that happens. And the dollar is only worth what its printed on... Or at least it will be.
@TheTrueJBV3737
What are you laughing at I purchased gold at $850 in 2009 so I'm the one laughing.
lol....
@davincij15 : Our dollar does have some "safety valves" built into it. Not to get too far afield, but an allegorial representation of this takes place in the film, "The 39 Steps" "Time-outs" can be declared in certain quarters by certain people for only the most serious and important of reasons.
The Eternal Triangle of Life: Permission--Prohibition--Autonomy.
@davincij15 : Now, you're talking, and then somewhere in the interim, the corporation gets zapped big-time, from some previously unthought-of source--something outside government's power to bail them out. I'd be glad I hadn't invested much. ;]
@davincij15 : I don't deal with Jewish banks because I can see clearly what's going to happen, as it did in Germany. Something good and something huge is happening.
@buzzclick500
(unless you're one of the deluded chumps holding shares of Citigroup), merely the intent to print-up all those new shares would cause you to instantly dump every share you owned knowing that dilution would take the value of those shares down to only a small fraction of their value.
@buzzclick500
let's pretend that there is still some underlying value to the U.S dollar, and let's return to our comparison of the U.S. dollar with the shares of a corporation. If you were the shareholder of a corporation, and management announced that they were going to issue trillions of new shares to finance operations this year, and trillions of new shares to finance operations next year, and trillions of new shares to finance operations the year after that (and so on), then...
@buzzclick500
google the following words and find the article and read it..
"Today's modern 'tulip-holders' are being given an opportunity which was not available to the deluded Dutch: they are being given a chance to exchange their 'tulips' for gold, before those 'tulips' collapse to their real value. Do not waste this precious opportunity!"
@davincij15 : Without having the slightest idea that the price was grossly inflated, even then. Any gold publicly advertised for sale as of 1980 is stolen property, acquired unlawfully by its present holders. What goes up, must come down.
@davincij15 : In the world of money, gold is the absolute. We're very close to what Germany went through in 1923, and since we didn't learn from their experience, we are compelled to repeat it here in America. Our "Weimar Republic" will dissolve like a salted slug.
@buzzclick500
LOL
You do know that all paper money go to ZERO. The check engine light is turned on for the dollar not gold. lol
But hey each his own if you want to take arsenic and call it food go right ahead. Life is filled with absolutes, small amounts of poison every day will kill you and paper money will eventually destroy you, financially.
The price of gold is going to drop to less than 100 dollars a troy ounce. Either I have no idea what I'm talking about or I'm right on target. YOU get to decide. It's not costing ME anything. When it happens, I don't want to hear any complaining. If you want to drive around with the "check engine" light on, that's YOUR issue.
@hanvo216
Check the date and you will see it was the right call long term I picked up gold at 850 that year.
Ur a bloody fool, the us dollar is losing value and inflation is devaluing the worlds money . When paper currency declines in value then solid assets like gold will skyrocket .Paper currency is backed by confidence and speculation, gold is backed by basically just gold
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well i seen your vid just recent and lost a fortune,lol,hey sell me something cheap
Did you realize I purchased gold at $850 2 months later in 2009!
you fool-do you know the money i lost listening to you-gold is 1100 oz
you bastard-lol
Look I have done the research studied trends understand how our paper money works.
Right now walk into a mall and ask people where do they buy their gold bullion investments?
I think you know the result of such poll.
Right no only smart money is going into gold, central banks and the top 1%. After phase two of an asset rise phase 3 is the public joining the rush and who the smart money sells to.
Good luck.
ya you could be right, still people don't
know when to sell they think it will go up
forever and be stuck or lose in the end,
as sure as the sun rises gold will fall.
remember this is not the 1930's.
I say 1400 by March 2010 with a pull back to 1200 or 1100 some time before august 2010, OR a nonstop run to 2000 before a collapse to 1250.
Go to the mall and ask people where are they buying gold.