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#1 |
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Avalon Senior Member
Join Date: Sep 2008
Location: new jersey
Posts: 117
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just read another article on marketoracle.com.uk that supports my initial article on rense.com stating gold will level out at about $500 because of deflation.http://www.marketoracle.co.uk/Article7198.html any comments? are we being sucked in?
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#2 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: Canada
Posts: 1,659
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Quote:
The same with gold -- a long low base, then a rise, then a drop. I'm not going to play that game. |
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#3 |
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Avalon Senior Member
Join Date: Oct 2008
Posts: 101
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Last edited by broken arrow; 12-05-2008 at 05:27 AM. |
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#4 | |
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Avalon Senior Member
Join Date: Sep 2008
Posts: 124
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Quote:
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#5 |
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Avalon Senior Member
Join Date: Sep 2008
Posts: 107
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The thing is if you are starving you would give an oz of gold away for a piece of bread. So don't buy gold. Buy food and supplies. And don't take someone else's gold either for food or anything else. Feed him freely or perhaps boarder for supplies or services.
If you encounter me out there I will have food and water but I will not take gold for it, but rather something else of good use. Gold will be of no use. Food, fuel, wood, water, clothing, tools, seeds, etc. Folks this is the end of the road. Where we are going we can not take gold. |
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#6 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Terre Haute, Indiana
Posts: 117
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greetings,
as a student of precious metals, let me say this; for every chart interpreted one way, you can find 5 different opinions disagreeing. i think you will see that most of those that say gold will go down to $500, they also say that when hyperinflation starts, it will shoot up almost overnight. So do not buy gold to make money, buy to preserve wealth in the long run. most of you that say that food is more valuable than gold, you are correct in a manner of speaking. i do not believe our civilization will get so primitive that gold will not have value. it is easily transportable and widely acceptable as a universal system of currency. i don't see the central banks stuffing seeds in their vaults. Namaste' |
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#7 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: Illinois
Posts: 673
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Quote:
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#8 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Illinois
Posts: 673
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Al Martin also predicted that the election would be called off.
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#9 |
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Avalon Senior Member
Join Date: Sep 2008
Location: Montana, USA
Posts: 17
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I have to say that my impression of rense.com is not good - swift-boating rants; really anti-Semitic - tending to reflect poorly on any who associated with them - just another way for the 'powers-that-be' to set us fighting against and blaming one-another and distract us from improving ourselves and our situation.
On the other hand I do think that in a real emergency - precious metals decline in value because folks need necessities (food etc.) and are willing to sell their commodities to get them. Last edited by BarryC; 11-11-2008 at 03:52 AM. Reason: Improved grammar |
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#10 |
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Avalon Senior Member
Join Date: Aug 2008
Location: Spiritual eXplorer-Canada
Posts: 4,915
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most credit card debt, is NOT SECURED
however, if it is a line of credit, and, it is against your home then, i suppose, they could |
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#11 |
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Project Camelot Witness
Join Date: Sep 2008
Location: Southern California
Posts: 21
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I tend to believe that god or silver is not a good idea. It has been artificially kept down over the last 6 months. Rense.com is right on target. It should be 2K per oz by now. I have seen it drop over night as much as 30 US dollars for NO APPARENT REASON. And to add to the opinion of Rense, they sound anti-Semitic because that is where the money is...face it. I don't think they want us fighting amongst ourselves, they just wnat us to see things from a different angle. I think there are rotten eggs in every sect. Some rotten eggs have more money, and that is why the attitude. Don't get me wrong, I love the Jewish faith and what it stands for. It's not my opinion, just a fact... to see the root cause of all things, follow the money. The answer is always there.
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#12 |
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Avalon Senior Member
Join Date: Sep 2008
Posts: 39
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#13 |
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Avalon Senior Member
Join Date: Oct 2008
Posts: 101
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Last edited by broken arrow; 12-05-2008 at 05:23 AM. |
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#14 |
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Avalon Senior Member
Join Date: Sep 2008
Posts: 211
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Thats all I could think of when I keep hearing buy gold now before its too late. I remember what Lindsay Williams said about the late seventies when the government persuaded the arabs to buy gold. I remember myself the reports of arabs having gold fixtures on their toilets or gold toilets even, gold silverware, gold everything. They ran the gold markets sky high just for them and then guess what....the bottom fell out.
Suckered. Only thing is, there doing it to ttheir own this time the evil s.o.b.'s This just seems like a repeat to me. Like it was long ago enough no one will put one and one together. Maybe many havent but it isnt as though were talking about ancient history here. Henry Kissinger needs some new material, he's repeating himself or has alsheimers. |
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#15 | |
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Avalon Senior Member
Join Date: Sep 2008
Location: BC Canada
Posts: 34
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Ever one is entitled to their apinion but we don't have to agree.
Rense is wrong as the collapse of the US dollar is on the edge and then the birth of the AMERO !. what Dollars you have will be paid back to you on 1 cent on the dollar. You will have no choice but to except this as in order to work and be paid in amero's to pay your bill's,especially if you have a family to feed. gold then will start to rise and will top out @$5,000 per ounce. Then you can sell your gold for amero's if you have any but guess what not many people do as it is all been held for reason off "they would be back in the same situation if they didn't I own gold and didn't purchase mine for re-selling but for trading for other goods. Do yourself a favour don't hold a large balance in your bank account and if you do transfer it to an offshore bank account you have just opened and keep your money in their currency.(not euro's but swiss franks, franks...etc) I would say buy gold silver but guess what you can't.... Remember you will have to except the amero to live OR you could join the masses rioting, looting, risking your life. Do the smart thing, listen to your instincts. peace to all. T Quote:
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