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Precious Metals & Politicians!

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Pillar of the Community

United States
648 Posts
 Posted 09/30/2012  10:30 am Show Profile   Bookmark this topic Add tripncoins to your friends list Get a Link to this Message Number of Subscribers
Poll Question
Simple Poll. Whomever gets elected will Gold and Silver go up or down?

Poll Choices
 If Obama wins, PM's are going up.
 If Romney wins, PM's are going down.
 Whoever wins, PM's are going up.
 Whoever wins, PM's are going down.
 I don't care who wins!!!

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bekiz's Avatar
Japan
666 Posts
 Posted 09/30/2012  10:34 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
whoever wins or loses gold will go up ... no, the other so called money will go down
we are in death spiral
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TJB17's Avatar
United States
492 Posts
 Posted 09/30/2012  11:17 am  Show Profile   Bookmark this reply Add TJB17 to your friends list Get a Link to this Reply

Quote:
If Obama wins,

Let's hope not.
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silvercoinrn's Avatar
United States
863 Posts
 Posted 09/30/2012  2:06 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
lol not to say that Obama is doing a great job, but I doubt Romney will do any better.
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nod2003's Avatar
United States
3294 Posts
 Posted 09/30/2012  2:52 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Anyone who thinks there is a significant difference between the two main candidates is a bit naive.
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basebal21's Avatar
13014 Posts
 Posted 09/30/2012  4:48 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
but I doubt Romney will do any better.


Cant do any worse.

Really though if he just got Obamacare undone trillons would be saved which would help the debt a lot and make PMs a little less volatile. If you think we spend a lot on defense wait till you see healthcare spending
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Ed_B's Avatar
United States
4008 Posts
 Posted 09/30/2012  6:06 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
, BB.

My thought is to not re-elect anybody because they all either arrive corrupted or soon are by others already in office. There is just too much money sloshing around in DC, currying favor and buying influence for it not to be terribly corrupting.

Romney knows how business works and has actually created businesses and jobs. Obama? Not so much. Besides... we do NOT need a reason to fire Obama and hire Romney. What we need is a reason to retain Obama, which we do not have due to his performance. More of this same economy for another 4 years WILL usher in a new depression and no one in their right or left mind should want that.

As to PMs, an Obama victory will cause CEOs to batten down the hatches, seeking to protect what they have rather than grow anything. This will shrink the economy and push PMs higher as people swap fiat for PMs as a defense against inflation from even more Fed money printing due to the slow economy. This will not fix the slow economy because it is not a lack of liquidity that is causing our problems - it is too much government, too many laws, rules, and regs, and a lack of confidence in government policy by those who create the jobs and the economy.
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coinwatch's Avatar
United States
808 Posts
 Posted 09/30/2012  7:04 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
Getting rid of PPACA seems like a distraction now. Staying in power trumps making the hard budget decisions for both parties.

Gold and silver are going up.

Edited by coinwatch
10/01/2012 12:20 am
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 09/30/2012  10:01 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
"Romney knows how business works and has actually created businesses and jobs. Obama? Not so much."

The reason Ed I hope Rom wins verses Obama. Being the small guy my dad always said vote for the democrat as they have your best interest at heart. I DISAGREE, not so much anymore or at least with this particular party....

The crazy conspiracy theorist in me can't help but think SABO should be placed in front of Obama's name as I can't help but feel his goal was to bring the country down from the inside, lol. No other logic can explain their choice of action IMO....

I am not convinced Rom is not just another fence rider who sides with the popular choice at the time, but I am willing to give him a chance at it with his business background....
Edited by Silverhawk74
09/30/2012 10:02 pm
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basebal21's Avatar
13014 Posts
 Posted 09/30/2012  10:56 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
democrat as they have your best interest at heart. I DISAGREE, not so much anymore or at least with this particular party....


In the past both parties had what they thought was the best interest with just different ideas. The current leadership of the Dems have hijacked the party and forced it so far left guys like Liberman from the old group got kicked out of the party for not being liberal enough.


But back to the topic theres one other thing weve forgotten to mention. Most election years the presidential election would probably be the biggest spike or drop of PMs especially this election, but the 2012 end of the world hysteria could over take that if people start to get nervous it could be true. Personally I think if the apocalypse is really coming it wont matter what you have so its not really worth worrying about.
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silvercoinrn's Avatar
United States
863 Posts
 Posted 10/01/2012  06:18 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
But we already have Medicaid which is almost the same thing as everyone having healthcare. It covers everyone with a low income who applies. So how is that any different. Obamacare just bundles all of the plans that we already have
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 10/01/2012  08:21 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
If this poll/topic degenerates into a straight political discussion, it will be locked or moved to General Discussion. Obama's healthcare plan has nothing to do with precious metals.
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basebal21's Avatar
13014 Posts
 Posted 10/01/2012  2:39 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Obama's healthcare plan has nothing to do with precious metals.


I dont mean to be argumentative or rude by any means, but PMs prices are largely based on speculation. Anything that has a large impact on the spending or deficit of the country does play a large roll in the future prices of of PMs, just my 2 cents
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coinwatch's Avatar
United States
808 Posts
 Posted 10/01/2012  2:59 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply

Quote:
basebal21 wrote...

Anything that has a large impact on the spending or deficit of the country does play a large roll in the future prices of of PMs


Good point, basebal21. However, I think it's reasonable to say that most North American forum members are familiar with the positions of both parties. By avoiding getting too specific on the latest contents of the political sausage grinder, hopefully we can prevent another locked discussion.
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jbuck's Avatar
United States
188770 Posts
 Posted 10/01/2012  3:50 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Exactly what coinwatch said.

Right, wrong, or indifferent, we can discuss what will happen without getting into the "dirt" of why it will happen.

That being said, I voted that PM will go down, no matter who wins. However, they will eventually be back up again, no matter who wins.

I say this because the uncertainty of "who will lead us" is, in my opinion, the biggest issue now. Once we have a winner, a specific leader to "get behind" for better or worse, many people (myself included) will feel cautiously optimistic. At least for a little while, because the dirty business that is the presidential election cycle will have ended.

So, down, then up; probably way up. I do not see either candidate righting the ship any time soon.
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Ed_B's Avatar
United States
4008 Posts
 Posted 10/01/2012  8:02 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Being the small guy my dad always said vote for the democrat as they have your best interest at heart.

At one time, that was probably true, Hawk. I agree with you that it is no longer so. Both parties have morphed into a political class that has MUCH more in common with each other than they do with any of us, regardless of party. This is why I say, "Don't re-elect anyone... ever!". It is a complete myth than ANY politician is so good that the country cannot survive or thrive without them. There are millions of people who could do a good job in an elected office. We do not need to get attached to these people because they sure as heck are not attached to us in any meaningful way.

Both parties have changed greatly in the past 50 years. Today's Repubs are about where Jack Kennedy was in 1960, as far as political philosophy goes. Today's Dems are WAY to the left of any other elected officials whom I can remember... except for Dennis Kucinich. The only folks to his left were Vladimir Lenin, Leon Trotsky, Joseph Stalin, and others of that ilk.
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