What Happens To Gold And Silver Next? Look Out Below?

Ok yup, you keep accusing anyone that even dares to question anything you say of holding a bias - don't you worry about whether something is true or not you just go ahead and type whatever fits your point of view.

You can accuse myself of said bias until the cows come home - that does seems to be your stock response to anyone that even questions anything you say or the way you say it. Funny how you don't provide examples of said bias though isn't it .... you know, like I did with yours.

You can also use as many variations of my name (which I assume you think are demeaning or belittling) as you like as long as you don't stray into the vulgar and offensive, they just once more show you to be a very childish and arrogant person (as does the use of CAPITALS to try and make a point). A shame really as you appeared to have become more civil of late.

You still don't seem able to grasp that the underlying message in what you say is not what I have any problem with at all but the apparent bias with which you present it (very often a negative slant, presumably to try and back up your earlier assertions that both gold and silver would definately leg lower - something TA may well indicate as being most likely but most certainly cannot and does not assure anyone of).

Norm

"If everyone tomorrow decided money didnt matter it wouldnt matter, or sand was now money sand would now be money."

That's called hyperinflation. While I don't think hyprerinflation will happen in the US, I wouldn't rule it out.

"It's true there was a walking stick used as money in the middle ages but that was in the middle ages "

Tally Sticks was actually a fairly successful currency for a while. It was a fiat currency as opposed to a debt currency.

As it should be theyre the ones loaning the money. You can get their rates too if you want to start loaning people money for long periods of time.




I couldnt care less about that, you keep acting like they go away with it for 100s of years before they got caught and its world wide. Its not they got caught pretty fast and again is proof against your argument




My world isn't godless and you need a grip on reality if you think that everyone who makes many is some evil person out to screw everyone.




No they are exactly what humans say they are. Theres plenty of scare things in the world we couldnt care less about so theyre worthless and then things like silver and oil that weve assigned value to and theres nothing rare about them.




What are you even talking about. Economics is trying to destroy the world, what?

The rates are set to preserve the system which is only temporary. However it is the free market negotiation that leads to successful deployment of capital. Not central planning. In a debt money system someone must borrow every dollar in circulation CASH OR CREDIT. Its temporary by nature. As the debt is originated the money creation must ultimately be replaced by another obligation. It doesn't matter in the aggregate whether the debt is liquidated through default or through repayment. The purchasing power created is temporary and has a finite life. Therefore the debt money system more or less resembles a receivership. Its temporary nature is a mathematical certainty. This is also the reason among other things, central banks hold gold.

I think its convenient how those who believe in gold, and talk about manipulation, and dream of financial doom and gloom and complain about depressed currencies..... have failed to share with us how the Japanese public is SELLING their gold.

Yes they are selling their gold to raise cash. That's what you do. Don't hoard the gold and never do anything with it.

Watch it and weep, those of you who whine about the Japanese devaluing the currency. The people are getting around just fine by selling their gold. Which is the right thing to do, raise cash and take profits.


http://live.wsj.com/video/a-rush-to...EC2BA172FFA8

Gold has had several consolidations. There was the one in the fallof 2003 which lasted until the early summer of 04. Then we had the consolidation from early 06 to early 07. Then we had a consolidation from late 07 to early 09. We are now still in a consolidation that began in early 11 which I would argue is much closer to its conclusion then its initiation. Both the consolidations and the rallies have become longer.