Gold is now a bad investment.

[alkemical]

Originally Posted by baja

It's all part of the plan.

So, this whole war on drugs thingy:

What happens if all of a sudden marijuana is just growing everywhere. I mean EVERWHERE. What if it's seed bombed and it's just growing like a weed?

[baja]

Originally Posted by alkemical

So, this whole war on drugs thingy:

What happens if all of a sudden marijuana is just growing everywhere. I mean EVERWHERE. What if it's seed bombed and it's just growing like a weed?

Monsanto will sue or send in Black Water. What a name for the guns for hire, Blackwater...

[alkemical]

Originally Posted by baja

Monsanto will sue or send in Black Water. What a name for the guns for hire, Blackwater...

They are now Xe. (Z).

If so Baja, then they fear me - more than I fear them.

[baja]

"Know thy enemy" - The Art of War

[alkemical]

Originally Posted by baja

"Know thy enemy" - The Art of War

Oh I know man, i've reread it a few times these last few months.

I think I sent you an email about different "versions" as well.

[mhgaffney]

Originally Posted by Garcia Bronco

I just saw an hour long thing on it last friday on CNN. It is a bubble. Things only have the value we believe them to have.

You are foolish to believe CNN.

There have been bubbles involving precious metals in the past -- when speculators tried to corner the market. But not this time.

This time -- the increase in gold/silver is a measure of lack of confidence in the economy and the dollar. No doubt, the fed has been doing everything possible to keep gold/silver down. But their influence only goes so far.

People are voting with their feet -- cashing in dollars for metal. Even if metals eventually fall -- those of us who bought last summer are still big winners. I suspect the dollar will fail, first.

MHG

[Arkie]

Blastoff!

[Meck77]

Basically the market is saying "Bernake you are a ****ing idiot"............and people continue to buy precious medals as a result.

I wonder how many OZs bernake is sitting on.

[mhgaffney]

Maybe someone should grab Bernanke -- hold him upside down by his ankles and shake him.

I betcha enuf gold and silver would fall out of his pockets to cover the deficit and even pay down the debt for a few months.

[broncocalijohn]

Great bumped thread from 2009. If you can short on gold or bet against it, is Garcia Bronco ready to throw himself out of the window on draft day instead of his computer?

[loborugger]

gold has surged this week. Approaching 1575.

[alkemical]

This thread should say "Dollar dropping to new lows"...

Maybe the limbo thread?

[Arkie]

Some interesting quotes from Russell's recent Dow Theory letter...

"We're moving nearer and nearer to the edge of the hurricane. I can feel it in my bones. Every newspaper now carries an ad for gold. The ironic clincher was this ad below that I clipped from a weekly newspaper.

"Is there a gold bubble? Are you kidding me? Here's an ad that somebody paid for suggesting that people should turn in their gold (!!) for Federal Reserve Notes. They're not telling you to buy gold during one of the greatest bull markets in history – hardly, they're asking you to throw parties in which the object is to get ignorant people to SELL their gold.

"I can feel them caressing my face – the early breezes. They are blowing gently and hinting of the forthcoming gold hurricane that will sweep across the US and the planet with all the force and power that was seen when gold was first discovered at Sutter's Creek during the California gold rush of 1849. The gold rush of the 2000s is in the wings. The old phrase is ringing in my ears again (I haven't heard it since the late '70s): ‘There's no fever like gold fever.'

"If the temperature of full gold fever is a hot 106, we're only at 99 now, but I can feel it, I can tell you that the temperature is rising, rising.

"The panic to buy gold will override everything else. It will be one of the greatest financial phenomena that most of today's investors will ever see. It will blot out everything else like a cloud blotting out the sun.

"After the calm, comes the storm. We've been watching 10 years of gold climbing amid an atmosphere of calm. The great gold tsunami lies ahead. It will be historic.

"… BEFORE the great gold tsunami we might have a frightening gold correction that would clean out all the gold sceptics. This ‘clean out' may be necessary prior to the big gold tsunami, and it's a reason to hold some cash and not put ALL your money into gold at this time. Remember the old adage – ‘The market always does what it's supposed to — BUT NEVER WHEN'."

[mosca]

Gold and especially silver have been and continue to absolutely kick arse. Anyone on here watch Max Keiser? Guy might be a little over the top, but his advice on silver has been absolutely spot-on lately. Silver has been on a rampage the last few months.

[loborugger]

Originally Posted by mosca

Gold and especially silver have been and continue to absolutely kick arse. Anyone on here watch Max Keiser? Guy might be a little over the top, but his advice on silver has been absolutely spot-on lately. Silver has been on a rampage the last few months.

I like Keiser. Bust JP Morgan.

[Arkie]

These "Host-a-party" events always try to sell you something from Tupperware to Avon to Federal Reserve Notes.

[alkemical]

lol!

[chadta]

every spring we have a street sale, clean out all the crap and what not, and some crazy old guy on a moped comes around buying gold, hes got a little pocket scale and pays fair market value. Im starting to think he aint so crazy after all.

[cutthemdown]

Originally Posted by alkemical

So, this whole war on drugs thingy:

What happens if all of a sudden marijuana is just growing everywhere. I mean EVERWHERE. What if it's seed bombed and it's just growing like a weed?

There would be a lot of ditch weed with seeds that is no fun to smoke. Good pot takes time to grow right. It wouldn't be much different then expecting some crop like corn to just grow itself by dropping seeds.

[loborugger]

Originally Posted by cutthemdown

There would be a lot of ditch weed with seeds that is no fun to smoke. Good pot takes time to grow right. It wouldn't be much different then expecting some crop like corn to just grow itself by dropping seeds.

Really? Do tell?

[broncocalijohn]

Originally Posted by loborugger

Really? Do tell?

He is a musician, what do you expect?

[Odysseus]

What WOULD be the trigger for gold to crash?

[baja]

free energy

[Odysseus]

Originally Posted by baja

free energy

1. Oil not pegged to dollar / Currency change
2. Currency shift towards Euro
3. China forgives American debt
4. Real fiscal policy with real accounting

Free energy? That would destroy consumerism. Oil maintains the system in place. No oil. No consumerism. America is never surrendering it's addiction. We would rather create a global war than switch.

[mhgaffney]

Originally Posted by Odysseus

1. Oil not pegged to dollar / Currency change
2. Currency shift towards Euro
3. China forgives American debt
4. Real fiscal policy with real accounting

Free energy? That would destroy consumerism. Oil maintains the system in place. No oil. No consumerism. America is never surrendering it's addiction. We would rather create a global war than switch.

Right.

There are striking parallels between the BRitish empire at the start of the 20th century -- and the US empire today. We are following in the footsteps of the Brits. At that time the Brits faced the rising economic power of Germany -- and this led to WW I and WW II.

Expect global war at the end of the US empire -- unless we can wake up enough people, in time, and prevent it.