suppressed precious metals prices

Considering deflation fueled by the feds easy monetary policy i think precious metals are extremely undervalued. Rising fuel costs and impending inflation have not been factored in. I think were going to see a boom in metal prices once the fed loses control, theyre back is against the wall right now with 0% interest. When control disappears due to an event occurring metals prices will go crazy, exactly like what happened to metals after 9/11. Gold went straight from $350 to $1900, in a 10 year bull run that started after 9/11. This time around the fed is already against the wall so if anything happens it will be huge. There are no fundamentals to support the dow being at 15k. The question isnt if the fed will be able to maintain control of the dollar, the question is when it is going to lose control and not be able to manipulate the market.

Gold Chart - Last 10 years

Here is another chart that shows gold based in terms of yen, not dollars. This is a small indicator of what will happen here. It shows gold going up 18% over the last year. Gold has fallen over 18% in dollars over the last year.

Gold Price in Japanese Yen (Market Daily, JPY per Troy Ounce)

food shelter, water and ammo ya can't eat gold or dollars. just my .02

if the fed or dollar collapses gold may hit $10,000 but the window will be short. maybe as little as 2 weeks. store shelves will be empty in 3 days. I live in hurricane land I've seen it happen.

Originally Posted by olddude

food shelter, water and ammo ya can't eat gold or dollars. just my .02

if the fed or dollar collapses gold may hit $10,000 but the window will be short. maybe as little as 2 weeks. store shelves will be empty in 3 days. I live in hurricane land I've seen it happen.

thats fine 2 weeks will be more than enough time for me to make my moves on metals, im prepping right now also, mainly working on water, but also filling freezers and stocking rations, raising crops for long term survival

you have a genny and plenty of gas to run those freezers?