What Happens To Gold And Silver Next? Look Out Below? - Page 42

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Brucec Pillar of the Community United States 1026 Posts	Posted 05/02/2013 3:22 pm Well I wish I could say the world economy is good but things are looking good but we all know they are not I predict the BIG CRASH has yet to come but it will come big time sooner or later. Enjoy the ride while you can nothing has been fixed just stalled. Edited by Brucec 05/02/2013 3:23 pm Report this Post to the Staff
1188howest Valued Member Canada 470 Posts	Posted 05/02/2013 3:48 pm Quote: Is your point just to fear monger? Not at all. debt + debt x debt - debt x debt = debt + debt ... no manipulation going no here. Report this Post to the Staff
Arksun Valued Member United Kingdom 90 Posts	Posted 05/02/2013 3:59 pm Actually, debt + debt x debt - debt x debt = debt :D Report this Post to the Staff
wjl Valued Member United States 329 Posts	Posted 05/02/2013 4:03 pm "Did everyone see how the rate cut by the ECB had almost zero effect in gold and silver? They continue to chop around, doing nada. " The Euro is down and gold is up in Euros which is what one would expect. The ECB bank deals in Eurodollars. Report this Post to the Staff
Northerncoins Pillar of the Community Canada 2019 Posts	Posted 05/02/2013 4:03 pm @1188howest Some people are living in a fantasy if they think all is well. That light at the end of the tunnel is a train, and until certain country's start paying down their debt and not making more then all is not well and things will hit the fan sooner or later. Report this Post to the Staff
Spikey Norman Valued Member Ireland 131 Posts	Posted 05/02/2013 4:07 pm Quote: Actually, debt + debt x debt - debt x debt = debt He's right you know ..... BEDMAS (Brackets first; Exponentiation second; Division third; Multiplication fourth; Addition fifth; Subtraction last) ..... guess not all my education was wasted after all lol. Norm Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/02/2013 4:23 pm Quote: Not at all. debt + debt x debt - debt x debt = debt + debt ... no manipulation going no here. So theres debt, thats nothing new. Its not ideal, but it is what it is obliviously the current make up in washington has no intention of dealing with it. That doesn't mean were going to collapse tomorrow Again that in no way proves a massive world wide manipulation Report this Post to the Staff
1188howest Valued Member Canada 470 Posts	Posted 05/02/2013 4:38 pm proof? WHEN YOU DENY THE COLD HARD FACTS. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/02/2013 4:41 pm Quote: proof? WHEN YOU DENY THE COLD HARD FACTS. You havent stated any. All youve said is debt which weve had for almost our entire history of existence and act like this is the first time weve ever had slumping economy. Again where is the proof for manipulation Report this Post to the Staff
1188howest Valued Member Canada 470 Posts	Posted 05/02/2013 5:06 pm @ basebal21 QE IS OBVIOUS. What happens when you take it away? wHO IS GETTING RICHER?WHO IS GETTING POORER? SERIOUSLY Basebal21 are you a suffer/patron of epilepsy ? Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/02/2013 5:25 pm Again not facts just statements, nor are you even address how metals are supposedly being manipulated anymore. People getting richer and poorer is now new too? Making money when we run out is also new? What do you think weve been doing the last 200+ years. Im going to leave it at that though since youre just repeating yourself like somehow this is the first time any of this has ever happened. Without a supporting argument its just fear mongering Report this Post to the Staff
yellowperch Valued Member Canada 121 Posts	Posted 05/02/2013 5:57 pm I believe it to be fact that throughout human history, every single currency has eventually failed and become worthless. Some just had a longer track record than others. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 05/02/2013 6:13 pm Yes the ones not backed by anything surely did Report this Post to the Staff
yup7676 Pillar of the Community United States 3789 Posts	Posted 05/02/2013 6:54 pm So lets recap- Two monetary policy events and no boost for gold/silver. With gold and silver, we are seeing more of the same, chop. Both haven't yet attempted to fill the gap. So what are we looking for at this moment? Well, for those wanting higher prices, and some sort of stable area of price support, getting into those gaps again, and then staying above them would be key to start with. If prices continue to chop around, and we start to retreat from that gap, its entirely possible that a new leg could commence lower. but as you can see for now, we are in a narrow range, just a lot of chop. as I always say, time and patience are key. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 05/02/2013 7:03 pm Quote: Yes the ones not backed by anything surely did They all did there's no different. Fiat actually gives you an advantage when its in the process of a collapse. Report this Post to the Staff
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