interesting theory on gold and silver futures

heard a theory yesterday on future prices of gold. we have debt we can never pay back with current curency values, so what the FED is doing is inflating the value of the dollar against other currencys, for eample if the FED can double the value of the world market on dollars we then owe half as much debt. we then bring in the oil pipe line from canada, and open Anware causing world oil price to plummit, fruther increasing the value of the dollar, cutting the debt to 1/4 of todays value. interesting theory but some how it makes sence to me, and all the signs are there. this will cause gold prices to settle in at arround $1000 to $1200 some time in the future.

the thing I heard about silver may be one of those internet rhoumors designed to sell silver. suposedly there is only 9 years of silver left in discovered mines and at the current scrap recovery rates. the current price of gold is causing many manufacturers to replace gold with silver in many electronic uses. fruther increasing the demand on silver, supposedly there are many more tons of gold reservs then there are silver reserves in the mining discoverys.

dont know if any of it is true but it makes sence, when you look at what is going on on the gold/silver. dollar markets. We dont know what the insiders know.

oh im awake. and the upper echalon have their buts covered, it is the in betweens that concern me they are desperate, and the last 4 or five years have showed me they are capable of any thing. by the way sry about your loss, at leas it wasent top stash. merry christmah or happy Hu lol not even going to try spelling that one.

Gold and silver are complicated and heavily manipulated metals. They have unparalleled industrial applications that create steady demands as well as being a 'hedge' against unstable fiat currencies (print $ at will). The U.S. is a state of hopeless unresolvable debt (debtor nation) to other creditor nations (primarily China). Creditors always dictate terms. Major world economies have been in and out of bankruptcy since WWII, The Euro was essentially a massive currency devaluation, Brazil and Argentina defaulted, the U.S. waters down the value of the dollar as much as possible to make the oil purchases cheap. On top of that there is world market buying and selling huge quantities of currency. If you really think of it, the things that have real value are the commodities not the fiat money they print off. Chinese and Indian demand will keep the value of these metals strong in the future, prices will rise,level,rise,level. Copper is the real metal of the future. Great reading is Game Over written Leeb, great metal and oil analysis.

yup except for one thing ya cant eat gold and silver. well ya can but ya know what I mean.

Originally Posted by olddude

that is the prevaling thought, but I dont put any thing past these monsters. just a few short years ago they waved their majic wand and made my 30 + year old $50,000 mobile home worth $150,000. then tried to lone me money on it fortunately I didnt go for it.

I'm confused but then at my age they tell me this is normal.

I could conceivably be so that your 30 year mobile home now had such a value had it been sitting on a fixed foundation on freehold property that you owned wholly or in partnership.

At what rate of interest did they offer you the loan, it's almost certain that you would not have had to commit to borrowing the full amount and that you could have settled for a portion should you have accepted the offer. Apparently your credit rating has diminished since that offer was made.

When the appraisal was done and the value determined to be $150,000.00 what was your property tax assessment for that year.

Originally Posted by Area67

Gold and silver are complicated and heavily manipulated metals. They have unparalleled industrial applications that create steady demands as well as being a 'hedge' against unstable fiat currencies (print $ at will). The U.S. is a state of hopeless unresolvable debt (debtor nation) to other creditor nations (primarily China). Creditors always dictate terms. Major world economies have been in and out of bankruptcy since WWII, The Euro was essentially a massive currency devaluation, Brazil and Argentina defaulted, the U.S. waters down the value of the dollar as much as possible to make the oil purchases cheap. On top of that there is world market buying and selling huge quantities of currency. If you really think of it, the things that have real value are the commodities not the fiat money they print off. Chinese and Indian demand will keep the value of these metals strong in the future, prices will rise,level,rise,level. Copper is the real metal of the future. Great reading is Game Over written Leeb, great metal and oil analysis.

Believe it or not we only owe china six percent of our debt give or take a few percentage points. Here is a slideshow I dug up from CNBC I knows its outdated heck as we speak out debt is growing. Six percent is still a huge number when you look at 15 trillion dollars of debt. Did you ever believe in your life that you would hear people throw around numbers like billions and trillions and think nothing of it.

http://www.cnbc.com/id/29880401

http://www.cnbc.com/id/29880401

I cant try to explain my entire theory here on the methodical devaluation of America. v but to clear some things up. 1. I did not take the loan it was immoral. 2. at the time the property in question was worth 75 to 80,000 according to sales in the neighborhood. in the housing loan frenzy, real apprasials had nothing to do with what was going on. "loan brokers were paid a % of the loan they took to mortgage companies, the M cos bundled the loans and sent them to the mortgage banks. the mortgage banks bundled them and put them on the stock market as dirivitives (investment on intrest derived fom mass mixed loans) then the banks insured the loans with AIG agains default. ( if you defaulted on your loan AIG paid the bank the full ammount of the loan to the bank,) the banks lost nothing untill AIG ran out of money. then it was decided that AIG was "too big to fail" and you, the people bailed it out or rather your children and grand children did.

sry if I was unduley offended, but it sounded to me like gus was doubting I was offered the loan and that any of this happened. It happend in the millions. the socialists decided every one in the U.S. deserved a home loan. no job no money on welfare no problem, we have a no dock loan, you dont have to prove any thing, heres your $500,000 dollar house.

I think the intrest rate I was offered was 6 or 61/2 %.

now I must say I appreciate Gus and the unique info he offers, and would like to learn a whole lot more. dont want to get into a personality clash here, I am not a teacher and dont claim to be, I just pass along info I have learned from others or from my own experience. it is every ones own responsability to research any info shared here or any where on the net, not doing so is foolish as well as dangerous.

and by the way I dont consider my self a burden on society either. I paid my dues for decades almost 5 of them. I was promised a retirement for the money I "invested" with the government in the way of SS taxes, + we were promised intrest, there was supposed to be a difference between Social security retirement, and suplimental social security, that is not the case any longer.

Many of us here are survivalists, some by choice others by necessity, all by nature. The info I bass along to others here is geared to that. sry if it rangles some. I tell it as I see it, im a realist, maybe Im wrong , I certainaly hope so, for all our sakes. but if Im not and I was able to help one other family be ready, I will die a happy man.

A much simpler view is what the bible has to say and that is that one day, men will be throwing their money into the streets because it will no longer be worth anything. I think that having raw materials that one can trade is the way to go but in those times investing in anything tangible it nuts. Faith in the good Lord above is the only investment that I will be making. God has yet to fail me when everything else in this world has. Food for thought eh?

we do not have the amount of oil needed to move the market. we have even less refining capability. all opec has to do is slow production. we need to reduce our consumption of oil. that will make oil prices meaningless.

oil is tied to the dollar at the moment. there is an effort to replace it with the euro. that would be disastrous for us.

silver is not going to replace gold in electronics. gold is used because it does not corrode and it has excellent conductivity. silver with a rhodium plate can be used, but it is more expensive to manufacture and does not have the same durability or conductivity as gold.

the notion that the value of the dollar changes the debt amount is false. the cola and roi are the problems and the answer.

ie. your electric bill is $200. you will have to pay $200. there is no discount based on the valuation of the dollars you use to pay that bill.

if the cost of living was to drop and the return on your investment was to go up, you would have more dollars to pay that bill with. leaving you more dollars in your pocket. but, you still have to pay the $200.

the problem today is that the cola has gone up and roi has dropped for too many people. leaving them with fewer dollars to pay for increasing prices.