At $16.91 and $900 or so Gold & Silver is a great buy,the markets just got flooded with sales of bullion to cover the massive losses in the markets, I think they are near the bottom, but we will find out monday, we might see another drop monday, so I might wait and see before I grab up some silver, but at the current price its a good buy. I hope it drops to 12 monday!, then I will grab a bunch up, because throughout history silver has been 15 to 1 ratio against gold, so its due to hit 60-70 an ounce as the economy spirals downward and inflation kicks in big from the fed dumping so much money into the system with its rate cuts. During the stagflation of the late 1970's gold hit $900, indexed to inflation thats $2500! so we have not seen the metals market react as yet to all this inflationary pressure, but it is coming. -Citizen
http://in.reuters.com/article/businessNews/idINIndia-32604820080320?pageNumber=1&virtualBrandChannel=0
Subscribe to:
Post Comments (Atom)
1 comment:
What do we do if the Central bank decides to rapidly deflate? I don't put anything past a Rothschild anymore. They can do it, and have done it in the past. Imagine what would happen, with near hyperinflation going on, then whammo, The money supply starts dropping fast. Recession to depression in a years time. The World would never recover! The NAU and then a world currency (of coarse fiat and paper) would come to be. What is after Ameros, Worldos...lol. Earthos...Lmao.
I have to wonder, when the central bank finally gains the world, and owns all the gold and silver, and there is only a one world paper currency, how will they gain more wealth? I think at this point we will be bled dry. Bled like never before in the history of the world!
We aught to design a $1,000,000,000,000Worldo coin and sell it on ebay, made of steel or aluminum...lol.
Crazy Ron Paul Supporter
Post a Comment