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Pillar of the Community
 United States
3789 Posts |
oh and to everyone, I want to point out to you how Normie is being unreasonable and how he is BIASED-
I laid out what to be looking for in gold and silver if we are to see higher prices and he still complains. I am giving everyone a clear road map of what to look for if we are to see higher or lower prices. Now tell me if the guy isn't biased towards gold and silver lol
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Valued Member
Canada
470 Posts |
Quote:
continue with a steady dribble of lower highs and lower lows - that about sums up the validity of this "laughing stock" of a thread. AND also FYI gold crayon drawings of elephants and pandas stuck to the refrigerator ARE NOT proof coins, regardless of what your mommy and daddy tell you. |
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Bedrock of the Community
13014 Posts |
That actually makes perfect sense and is exactly whats been happening for a while
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Pillar of the Community
United States
899 Posts |
I thought it made sense as well - not sure how anyone watching the price of gold and silver over the course of the past couple of years could see it much different. Neither one is busting to new highs and is often drifting between the same highs and lows... and often ending lower. The dribble lower has been pretty steady - until the recent collapse. Who knows what tomorrow will bring - but apparently the futures market indicates more of the same right now.
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Previously Banned Member
78 Posts |
After reading the entire 45 pages of Posts I have come to realize that there are several people on here with a ton of free time, lol.
As for where silver goes from here? I think we see a sharp move back up to $30 where it will probably bounce between $26-$35.
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Bedrock of the Community
13014 Posts |
Quote:
After reading the entire 45 pages of Posts I have come to realize that there are several people on here with a ton of free time, lol. Lol says the one who read the whole thing  |
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Pillar of the Community
United States
3789 Posts |
umm @silvernewbie,,, I think you just told on yourself lol... because, you my friend,,,, reading the entire thread, also has plenty of time to read it, because I mean thats a lot to read haha
BTW, welcome to the forum and to the thread, welcome to the hobby. I wish you many coins and the BEST possible prices my friend.
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Valued Member
United States
329 Posts |
"Wages too high? I think not."
Absolutely, Its about $2 an hour in China and for $10 you can hire an accountant. Of the 50 million or so on Food stamps about 20 million of them had jobs a decade or so ago. Those jobs are being done, just not by them. Of course this is not apples to apples but the gap is nonetheless significant.
Productivity is a double edged sword. At some point efficiency means 20% of the people produce what it and the other 80% demand and you have a global economy thats out of balance. That presents challenges.
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Pillar of the Community
United States
1590 Posts |
Sooooo you want Americans to work for $2 an hour? Really? At those wages you couldn't even pay rent. Unless of course you want the landlords to lower their prices?
Or are you advocating Americans being fully employed at $2 an hour and living in tent cites and not having food, electricity, or running water?
I mean Seriously?
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Bedrock of the Community
13014 Posts |
Or realistically we could just stop trying to compete for unskilled labor jobs that is dominated by that type of pay and just move onto other things. Theres plenty of high end things we could make that you could actually pay people you just cant have it get out of control like with GM
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Valued Member
United States
329 Posts |
"Or are you advocating Americans being fully employed at $2 an hour and living in tent cites and not having food, electricity, or running water?
I mean Seriously?"
I'm not advocating anything. Its not my problem to solve except to know that there was a shift. I'm just pointing out the obvious. As I said its not an apples to apples comparison and labor costs aren't the only consideration. However, its still a big gap. I suppose the solution is to print ever more money. GM had to shed its debt so they could build a factory in China. So not only are US workers competing against asian workers, but even their own gov't.
If the economy is mostly the consumer then what and where the consumer buys from will dictate where the jobs reside.
Edited by wjl
05/04/2013 02:40 am
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Valued Member
United States
329 Posts |
"I laid out what to be looking for in gold and silver if we are to see higher prices and he still complains"
You be sure to let everyone know when higher prices are coming so they can stop buying.
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Valued Member
United States
329 Posts |
"The sandel you guys keep pointing to as proof of manipulation is actually proof against it."
Do you think interest rates are manipulated?
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Bedrock of the Community
13014 Posts |
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Do you think interest rates are manipulated? Theyre an arbitrary number set at whatever we say they are. You cant manipulate something arbitrary system wide. Theres no god given values they should have. Economics are literally whatever humans say they are. Theyre nothing more than trying to manipulate human behavior or optimal results. If everyone tomorrow decided money didnt matter it wouldnt matter, or sand was now money sand would now be money. Physics has god given constraints and rules. We make the rules for economics. If everyone goes along with something thats what the new rules are |
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Valued Member
United States
329 Posts |
Thats the marxist view and in the extreme you end up like old East Germany where 80% work for gov't. But in the real world where commerce happens the laws of economics are in force.
Edited by wjl
05/04/2013 10:05 am
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Replies: 5,643 / Views: 460,080 |
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Posted 05/03/2013 7:01 pm
