tag:blogger.com,1999:blog-7774179765567947305.post3387906784359598569..comments2024-02-15T06:28:06.790-08:00Comments on Subprime JD: Silver will hit $100 per ounce: UPDATEDSubprimehttp://www.blogger.com/profile/00010296774091296670noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-7774179765567947305.post-76761744343473465812011-06-21T19:06:32.158-07:002011-06-21T19:06:32.158-07:00Meant to say silver will go over 100 an oz. In 201...Meant to say silver will go over 100 an oz. In 2012.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-8633785079800181612011-06-21T19:04:40.097-07:002011-06-21T19:04:40.097-07:00Silver is king. The upside is huge. Just look at...Silver is king. The upside is huge. Just look at the gap between silver and gold and you will see the massive upside. Gold will go over 100 per oz. In 2012. By now and be happy in 2012.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-78707892179880585382011-06-12T15:00:35.403-07:002011-06-12T15:00:35.403-07:00I have spend 70% of my money on silver because sil...I have spend 70% of my money on silver because silver is rarer than Gold, And nowadays is being use more for electronics and hospital equipments and it don't matter what happens to our dollar or the economy silver will go higher and higher .. I remember when silver was @ $5 per ounce and look at it now!! If is not next year it will be latter but I am 99.9% sure that I will triple my money even if it for the good use of my garnd kids . So REALLY!! Buy it while you can you won't regret doing so :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-62324262616573568322011-03-02T16:37:03.935-08:002011-03-02T16:37:03.935-08:00"By the time this round of monetary sodomy is..."By the time this round of monetary sodomy is over...."<br /><br />http://www.youtube.com/watch?v=9gLN3QoN-q8Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-75802409587322405422011-03-02T13:19:51.420-08:002011-03-02T13:19:51.420-08:00subprime and others,
if you really wanna stick it...subprime and others,<br /><br />if you really wanna stick it to the banksters and want to put your money in something that will hold its value then put your money in nickels. They are currently worth more than face value. <br /><br />Nickels are both a fiat currency play and a play on metals. <br /><br /><br />da bear<br /><br />Ask your local bank teller about change!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-82117069067854891572011-03-02T13:15:12.264-08:002011-03-02T13:15:12.264-08:00I think nickels are a good investment.
each one ...I think nickels are a good investment. <br />each one is worth about 7 cents.<br />So ask your local bank teller about change.<br />Some think that gold and silver are going up BECAUSE of deflation. People are afraid of ENTIRE countries going under (sovereign defaults) so they are putting money into gold and silver. <br /><br />If you think silver is going to $100 based on inflation then you should also consider the DOW going to 36,000 as inflation (or re-flation) lifts all boats.<br /><br />The Fed is printing and issuing CREDIT and not paper dollars. The average American and even the above-average American has very little in actual paper dollars on hand. I doubt banks have much either.<br /><br />I think cash money is still good (no one really has it, but everyone really needs it to pay off debts), some gold (holds up better than silver if commodities go down), and food (because you can't eat gold).<br /><br />I think we could see a repeat of 2008 where stocks declined and gold and silver declined with them.<br /><br /><br /><br />da bearAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-57807789674269880042011-03-02T11:24:03.593-08:002011-03-02T11:24:03.593-08:00I agree with Anonymous. Study the economic panics ...I agree with Anonymous. Study the economic panics of the 1870s-1890s if you want to see how much fun a country can have on the gold standard with a high-value currency and heavily indebted consumers. Deflation is HELL for a consumer-based economy, and the US economy is 70% consumer spending.Lizhttps://www.blogger.com/profile/11765709902686717379noreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-31509737163184930422011-03-02T11:21:11.517-08:002011-03-02T11:21:11.517-08:00As a chronic debtor, I don't fear hyperinflati...As a chronic debtor, I don't fear hyperinflation. If we can devalue my student loans into the ground, the world would be a better place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-82947467888127320012011-03-02T11:08:35.357-08:002011-03-02T11:08:35.357-08:00Anyone who writes this:
"Deflation kills bad...Anyone who writes this:<br /><br />"Deflation kills bad debts while inflation destroys everything."<br /><br />Just doesn't know what he's talking about. Sorry, man, I like your blog, and I respect your opinions, but it's true.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-89382870690272137012011-03-02T10:05:33.697-08:002011-03-02T10:05:33.697-08:00Liz,
In 1980 Paul volcker raised the fed funds ra...Liz,<br /><br />In 1980 Paul volcker raised the fed funds rate to 18% whereas bernanke has kept rates zeroSubprimehttps://www.blogger.com/profile/00010296774091296670noreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-50230996415824524092011-03-02T09:54:28.186-08:002011-03-02T09:54:28.186-08:00Anon at 853
Please email me at darkktrader@gmail ...Anon at 853<br /><br />Please email me at darkktrader@gmail to discuss in greater detailSubprimehttps://www.blogger.com/profile/00010296774091296670noreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-83394545957446997892011-03-02T09:36:15.706-08:002011-03-02T09:36:15.706-08:00Five years ago Republicans were claiming deficits ...Five years ago Republicans were claiming deficits were no big deal. Now they are the biggest deal in the world. I suspect the truth is somewhere in the middle, when political expediency is removed from the discussion. <br /><br />And when I was very little, I remember my parents talking about losing their shirt in the gold bug fever that marked the 1981 recession. Gold always goes up in response to humbug and uncertainty. Silver too. But what goes up must come down. <br /><br />I think things are pretty bad, but I really don't think we're going to end up trading each other lumps of metal for goods and services. <br /><br />So far, the US has cut a middle path between Ireland and Iceland. I'd like to see us more on the Iceland side of things, but even if we go all Ireland and bankrupt ourselves to pay off the bankers, we're not going to be handing each other metal for any reason. It's just a fact.Lizhttps://www.blogger.com/profile/11765709902686717379noreply@blogger.comtag:blogger.com,1999:blog-7774179765567947305.post-71656793155397419612011-03-02T08:53:34.818-08:002011-03-02T08:53:34.818-08:00Subprime,
I don't mean to put pressure on ...Subprime, <br /> I don't mean to put pressure on you here, but I actually have been basing a few of my financial decisions on your writings, having charted successful predictions of yours in the past. <br /> In your estimation, how likely are the prices of gold and silver to fall as outlined in the scenario in paragraph two of this post?Anonymousnoreply@blogger.com