Crisis Prices

Silver will without a doubt rise higher and higher, inflation will too. You need to decide which you feel will rise higher faster and play the game. Silver and gold make great investments if you buy at the right time. There are tons of credible sites that offer their opinions, do some research! I follow it every day, I bought silver around $25 an ounce, sold it all at $50ish an ounce, and then boought it all again at $34 an ounce. I made a nice little profit with about 2 hours of research each week. 15 minutes here, 15 minutes there. It's like a great part time job!

True. But that will not be a problem IF the new world reserve currency is a basket of other currencies, much like the Euro. Imagine a G8 currency, for example. A single world currency will come at some point but whether that is a year from now or 100 years from now, no one really knows. There are many financial strains being introduced now by debtor countries printing way too much of their currencies while creditor nations struggle with constantly falling currency values. They are getting paid for their raw materials and manufacturing but with something that is steadily losing value. For now, the creditor countries seem content with buying resources with these devaluing currencies as quickly as they can. At some point, they will not be satisfied with that. Things will devolve pretty rapidly at that point.

I find it interesting how the new members come in asking the same questions, and it shows how many of us think alike and in the same sequence. And no knock at all, as I asked the same questions, smart in my mind. But after a bit, I start to sound like a broken record repeating the same things, lol. And that is all good, as I enjoy the digital conversation....

Seems like some say the 16 to 1 is a myth, and once based on every ounce of gold for every 16 ounces of silver. And I say myth as I am not so sure those numbers are accurate any longer....

Read through the threads in this section, and you will see examples of how gold is not as rare as many think, and how silver is indeed very rare and in short supply....

In the end I say keep it simple, buy gold and silver as much as you can get and afford, and hold on to it for 10 or 20 years. And if you want, get some platinum, palladium, and Rhodium as well. Like with the football squares, the more you buy, the better your chances are of winning, lol....

Sel, Well put. I am right with you as for the loss of sovereignty. Our country is too great to let this happen. It will be a said day if we ever stop being the shiny city on the hill.

Ozzie, has the dollar not made any recovery say form 2000 to now, where gold has climbed form 250 an oz. to 1537, and it is down 7 bucks on the day?

To think gold will fall back down now is wishful thinking too most....

Does anyone here in this forum really think in 10 years, gold or silver will be worth less than it is now? Sure it will go up and it will go down, bu in the long run it is gonna keep climbing, is that how the nature of things work, with all commodities, via inflation?

I was so naive as say an eight year old child, I looked at the gas read out on the pump, and associated a dollar of money, as a gallon of gas. I recall the day, when my father bought 10 bucks worth of gas, but the read out only showed say nine and a half gallons of gas, so I asked my father why, and he explained how things work. Gas, was like a dollar and five cents a gallon then. Does anyone think they will ever see gas for a gallon again?

It has went up, to never come back down. Not below say $2.50 a gallon for a few of the coldest non travel months of the year perhaps, and that is wishful thinking....

The development of a world currency might not necessarily require an EOTWAWKI situation. Like a lot of things, it could well develop slowly with a few nations participating in it as a trade booster. Those nations would prosper and other nations would be interested in joining in order to have a share of that prosperity. No one would be putting a gun to anyone's head. They could freely join or leave as they see fit. At some point, the trade advantages could become so great that no nation would want to not be in it.

The entire length of human history has been a process of coming together and merging into larger and larger units. Individuals coalesced into families, families became tribes, tribes became clans, clans became nations, and nations became associated together in leagues for trade, knowledge, and defense. Europe is uniting economically, if not quite politically, under the banner of the Euro, for the 1st time ever and we are all watching this history unfold. It is truly significant as it is a first... the birth of the Super-Nation. At some point, other world regions will do this. At a later point, all of them will combine into a single economic entity... a United Earth, if you will. The political part will trail but will eventually follow the economic part into a single unified human civilization with a common language, most likely English, and a common economic system, most likely regulated capitalism.

I understand that this is a HUGE concept and that not everyone is ready to embrace it... and that's OK. I'm not completely comfortable with it either... but, I DO see it coming and, barring complete disaster of some kind, it is inevitable.

I am referring to the generally accepted trend of how gold and silver and USD behave. Fundamentals I believe don't play such an important role anymore. Political manipulation is a far more important factor.

I do not want a super nation. Sure it sounds nice and peaceful, who doesn't want that. Unfortunately man has flaws and human nature will eventually take over with power grabs and struggles. I want a STRONG America. Ultimately I feel the dollar is on the way side and may not recover. If this happens gold and silver will surely sky rocket. Too what extent I dont know, thats the reasoning for my post.
We desperately need some sort of monetary reform, whatever that may be. One thing is certain, Fractional Banking is seriously flawed.