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partypup
Participant“October 7th was three weeks after this post. I’d say good call so far.”
Yes… it is eerie, Arraya. Although the cascading crash is much more dramatic than even I expected. Everyone is asking, “When will the bottom come?” The same sources that told me the first week of October would be a watershed have also told me that the Dow will hit 3,500 and martial law, in some form, will occur by January 2009, with food and gas shortages to occur around the same time, if not before.
Folks, this is not a drill. Chaos is truly right around the corner. If you believe the *system* can withstand 300-600 point drops in the Dow on a daily basis, you’re fooling yourself. At a certain point, the foundation will give way and chaos WILL erupt. It is only now a matter of time.
I have been in Colorado for the past week, scouting land for a possible escape in the next 6-9 months. The folks out there have been expecting a collapse — or something like it — for the past decade, as far as I can tell. Many, if not most, are self-sustaining and will fare relatively well in the coming catastrophe: many communities are difficult to access and have small populations.
The same cannot be said for those who are living in Southern California and places like it.
This time next year, the primary concern for most of the U.S. population will not be their 401Ks, but rather (a) how to secure food on a reliable basis and (b) how to keep others from taking what belongs to you.
Please take my advice and begin to stock up on food and other essentials so that you will be able to weather the storm when it first hits. Don’t be a casualty in the first wave; live to stand and fight another day.
On another note: my broker at Fidelitrade, from whom I have been buying metals for the past two and a half years, informed me last week that his clients were now limited to purchasing 500 ounces of silver PER ACCOUNT, not per transaction,
However, today he informed me that he cannot buy any silver, gold or palladium, whatsoever — although he has a contact at CitiGroup who claims to be able to buy silver for $40/oz. This jibes with what a colleague told me today: he can’t find any gold or silver for sale at APMEX, and gold on eBay is going for $100+ over spot.
I don’t know what TPTB are doing to manipulate metals prices, but the laws of supply and demand do not lie. And when someone goes to such extreme lengths to deceive regarding the market price of any product, you’d best believe there is an agenda. I don’t trust stocks. I don’t trust bonds. I don’t trust Euros. I no longer trust Swiss Francs. And I most certainly don’t trust USD cash money.
I trust no paper from this point on.
The only thing I trust are metals — the very things that are almost impossible to obtain in quantity now.
Participant“October 7th was three weeks after this post. I’d say good call so far.”
Yes… it is eerie, Arraya. Although the cascading crash is much more dramatic than even I expected. Everyone is asking, “When will the bottom come?” The same sources that told me the first week of October would be a watershed have also told me that the Dow will hit 3,500 and martial law, in some form, will occur by January 2009, with food and gas shortages to occur around the same time, if not before.
Folks, this is not a drill. Chaos is truly right around the corner. If you believe the *system* can withstand 300-600 point drops in the Dow on a daily basis, you’re fooling yourself. At a certain point, the foundation will give way and chaos WILL erupt. It is only now a matter of time.
I have been in Colorado for the past week, scouting land for a possible escape in the next 6-9 months. The folks out there have been expecting a collapse — or something like it — for the past decade, as far as I can tell. Many, if not most, are self-sustaining and will fare relatively well in the coming catastrophe: many communities are difficult to access and have small populations.
The same cannot be said for those who are living in Southern California and places like it.
This time next year, the primary concern for most of the U.S. population will not be their 401Ks, but rather (a) how to secure food on a reliable basis and (b) how to keep others from taking what belongs to you.
Please take my advice and begin to stock up on food and other essentials so that you will be able to weather the storm when it first hits. Don’t be a casualty in the first wave; live to stand and fight another day.
On another note: my broker at Fidelitrade, from whom I have been buying metals for the past two and a half years, informed me last week that his clients were now limited to purchasing 500 ounces of silver PER ACCOUNT, not per transaction,
However, today he informed me that he cannot buy any silver, gold or palladium, whatsoever — although he has a contact at CitiGroup who claims to be able to buy silver for $40/oz. This jibes with what a colleague told me today: he can’t find any gold or silver for sale at APMEX, and gold on eBay is going for $100+ over spot.
I don’t know what TPTB are doing to manipulate metals prices, but the laws of supply and demand do not lie. And when someone goes to such extreme lengths to deceive regarding the market price of any product, you’d best believe there is an agenda. I don’t trust stocks. I don’t trust bonds. I don’t trust Euros. I no longer trust Swiss Francs. And I most certainly don’t trust USD cash money.
I trust no paper from this point on.
The only thing I trust are metals — the very things that are almost impossible to obtain in quantity now.
Participant“October 7th was three weeks after this post. I’d say good call so far.”
Yes… it is eerie, Arraya. Although the cascading crash is much more dramatic than even I expected. Everyone is asking, “When will the bottom come?” The same sources that told me the first week of October would be a watershed have also told me that the Dow will hit 3,500 and martial law, in some form, will occur by January 2009, with food and gas shortages to occur around the same time, if not before.
Folks, this is not a drill. Chaos is truly right around the corner. If you believe the *system* can withstand 300-600 point drops in the Dow on a daily basis, you’re fooling yourself. At a certain point, the foundation will give way and chaos WILL erupt. It is only now a matter of time.
I have been in Colorado for the past week, scouting land for a possible escape in the next 6-9 months. The folks out there have been expecting a collapse — or something like it — for the past decade, as far as I can tell. Many, if not most, are self-sustaining and will fare relatively well in the coming catastrophe: many communities are difficult to access and have small populations.
The same cannot be said for those who are living in Southern California and places like it.
This time next year, the primary concern for most of the U.S. population will not be their 401Ks, but rather (a) how to secure food on a reliable basis and (b) how to keep others from taking what belongs to you.
Please take my advice and begin to stock up on food and other essentials so that you will be able to weather the storm when it first hits. Don’t be a casualty in the first wave; live to stand and fight another day.
On another note: my broker at Fidelitrade, from whom I have been buying metals for the past two and a half years, informed me last week that his clients were now limited to purchasing 500 ounces of silver PER ACCOUNT, not per transaction,
However, today he informed me that he cannot buy any silver, gold or palladium, whatsoever — although he has a contact at CitiGroup who claims to be able to buy silver for $40/oz. This jibes with what a colleague told me today: he can’t find any gold or silver for sale at APMEX, and gold on eBay is going for $100+ over spot.
I don’t know what TPTB are doing to manipulate metals prices, but the laws of supply and demand do not lie. And when someone goes to such extreme lengths to deceive regarding the market price of any product, you’d best believe there is an agenda. I don’t trust stocks. I don’t trust bonds. I don’t trust Euros. I no longer trust Swiss Francs. And I most certainly don’t trust USD cash money.
I trust no paper from this point on.
The only thing I trust are metals — the very things that are almost impossible to obtain in quantity now.
Participant“October 7th was three weeks after this post. I’d say good call so far.”
Yes… it is eerie, Arraya. Although the cascading crash is much more dramatic than even I expected. Everyone is asking, “When will the bottom come?” The same sources that told me the first week of October would be a watershed have also told me that the Dow will hit 3,500 and martial law, in some form, will occur by January 2009, with food and gas shortages to occur around the same time, if not before.
Folks, this is not a drill. Chaos is truly right around the corner. If you believe the *system* can withstand 300-600 point drops in the Dow on a daily basis, you’re fooling yourself. At a certain point, the foundation will give way and chaos WILL erupt. It is only now a matter of time.
I have been in Colorado for the past week, scouting land for a possible escape in the next 6-9 months. The folks out there have been expecting a collapse — or something like it — for the past decade, as far as I can tell. Many, if not most, are self-sustaining and will fare relatively well in the coming catastrophe: many communities are difficult to access and have small populations.
The same cannot be said for those who are living in Southern California and places like it.
This time next year, the primary concern for most of the U.S. population will not be their 401Ks, but rather (a) how to secure food on a reliable basis and (b) how to keep others from taking what belongs to you.
Please take my advice and begin to stock up on food and other essentials so that you will be able to weather the storm when it first hits. Don’t be a casualty in the first wave; live to stand and fight another day.
On another note: my broker at Fidelitrade, from whom I have been buying metals for the past two and a half years, informed me last week that his clients were now limited to purchasing 500 ounces of silver PER ACCOUNT, not per transaction,
However, today he informed me that he cannot buy any silver, gold or palladium, whatsoever — although he has a contact at CitiGroup who claims to be able to buy silver for $40/oz. This jibes with what a colleague told me today: he can’t find any gold or silver for sale at APMEX, and gold on eBay is going for $100+ over spot.
I don’t know what TPTB are doing to manipulate metals prices, but the laws of supply and demand do not lie. And when someone goes to such extreme lengths to deceive regarding the market price of any product, you’d best believe there is an agenda. I don’t trust stocks. I don’t trust bonds. I don’t trust Euros. I no longer trust Swiss Francs. And I most certainly don’t trust USD cash money.
I trust no paper from this point on.
The only thing I trust are metals — the very things that are almost impossible to obtain in quantity now.
Participant“Yes, I think stockstradr is right about the panic aspect. Deflationary pressure is a real price killer. if you look at gold in most recessions, it goes down with everything else.”
But don’t forget what Bernanke has pledged to do in order to combat deflation: print, print, print. I think inflation is the inevitable government response to deflation. And you will very much want gold when the printing presses start revving up. In fact….I can hear them humming now 😉
Do you really think a $700 billion dollar loan is deflationary??
Participant“Yes, I think stockstradr is right about the panic aspect. Deflationary pressure is a real price killer. if you look at gold in most recessions, it goes down with everything else.”
But don’t forget what Bernanke has pledged to do in order to combat deflation: print, print, print. I think inflation is the inevitable government response to deflation. And you will very much want gold when the printing presses start revving up. In fact….I can hear them humming now 😉
Do you really think a $700 billion dollar loan is deflationary??
Participant“Yes, I think stockstradr is right about the panic aspect. Deflationary pressure is a real price killer. if you look at gold in most recessions, it goes down with everything else.”
But don’t forget what Bernanke has pledged to do in order to combat deflation: print, print, print. I think inflation is the inevitable government response to deflation. And you will very much want gold when the printing presses start revving up. In fact….I can hear them humming now 😉
Do you really think a $700 billion dollar loan is deflationary??
Participant“Yes, I think stockstradr is right about the panic aspect. Deflationary pressure is a real price killer. if you look at gold in most recessions, it goes down with everything else.”
But don’t forget what Bernanke has pledged to do in order to combat deflation: print, print, print. I think inflation is the inevitable government response to deflation. And you will very much want gold when the printing presses start revving up. In fact….I can hear them humming now 😉
Do you really think a $700 billion dollar loan is deflationary??
Participant“Yes, I think stockstradr is right about the panic aspect. Deflationary pressure is a real price killer. if you look at gold in most recessions, it goes down with everything else.”
But don’t forget what Bernanke has pledged to do in order to combat deflation: print, print, print. I think inflation is the inevitable government response to deflation. And you will very much want gold when the printing presses start revving up. In fact….I can hear them humming now 😉
Do you really think a $700 billion dollar loan is deflationary??
ParticipantGold and silver are being manipulated by central banks on a massive scale. I’ve been hearing about metals shortages for months now, but I experienced it first-hand today. I called my broker to buy 10K in silver, and he told me that as of two (2) days ago, a restriction was instituted by Fidelitrade that limits purchase of silver to 500 ounces per account.
No exceptions!
The U.S. mint has stopped selling almost all of its gold products, including gold Eagles.
At the end of the day, the laws of supply and demand will prevail.
You simply cannot long suppress the price of something that is clearly in short supply. The smoke eventually clears, and the mirrors one day break.
Metals are the only honest money left. The paper will go up in flames. I only keep enough in dollars to tide me over until people realize they are worthless. Then everyone will turn to gold and silver — and food, liquor and cigarettes.
Just watch.
ParticipantGold and silver are being manipulated by central banks on a massive scale. I’ve been hearing about metals shortages for months now, but I experienced it first-hand today. I called my broker to buy 10K in silver, and he told me that as of two (2) days ago, a restriction was instituted by Fidelitrade that limits purchase of silver to 500 ounces per account.
No exceptions!
The U.S. mint has stopped selling almost all of its gold products, including gold Eagles.
At the end of the day, the laws of supply and demand will prevail.
You simply cannot long suppress the price of something that is clearly in short supply. The smoke eventually clears, and the mirrors one day break.
Metals are the only honest money left. The paper will go up in flames. I only keep enough in dollars to tide me over until people realize they are worthless. Then everyone will turn to gold and silver — and food, liquor and cigarettes.
Just watch.
ParticipantGold and silver are being manipulated by central banks on a massive scale. I’ve been hearing about metals shortages for months now, but I experienced it first-hand today. I called my broker to buy 10K in silver, and he told me that as of two (2) days ago, a restriction was instituted by Fidelitrade that limits purchase of silver to 500 ounces per account.
No exceptions!
The U.S. mint has stopped selling almost all of its gold products, including gold Eagles.
At the end of the day, the laws of supply and demand will prevail.
You simply cannot long suppress the price of something that is clearly in short supply. The smoke eventually clears, and the mirrors one day break.
Metals are the only honest money left. The paper will go up in flames. I only keep enough in dollars to tide me over until people realize they are worthless. Then everyone will turn to gold and silver — and food, liquor and cigarettes.
Just watch.
ParticipantGold and silver are being manipulated by central banks on a massive scale. I’ve been hearing about metals shortages for months now, but I experienced it first-hand today. I called my broker to buy 10K in silver, and he told me that as of two (2) days ago, a restriction was instituted by Fidelitrade that limits purchase of silver to 500 ounces per account.
No exceptions!
The U.S. mint has stopped selling almost all of its gold products, including gold Eagles.
At the end of the day, the laws of supply and demand will prevail.
You simply cannot long suppress the price of something that is clearly in short supply. The smoke eventually clears, and the mirrors one day break.
Metals are the only honest money left. The paper will go up in flames. I only keep enough in dollars to tide me over until people realize they are worthless. Then everyone will turn to gold and silver — and food, liquor and cigarettes.
Just watch.
ParticipantGold and silver are being manipulated by central banks on a massive scale. I’ve been hearing about metals shortages for months now, but I experienced it first-hand today. I called my broker to buy 10K in silver, and he told me that as of two (2) days ago, a restriction was instituted by Fidelitrade that limits purchase of silver to 500 ounces per account.
No exceptions!
The U.S. mint has stopped selling almost all of its gold products, including gold Eagles.
At the end of the day, the laws of supply and demand will prevail.
You simply cannot long suppress the price of something that is clearly in short supply. The smoke eventually clears, and the mirrors one day break.
Metals are the only honest money left. The paper will go up in flames. I only keep enough in dollars to tide me over until people realize they are worthless. Then everyone will turn to gold and silver — and food, liquor and cigarettes.
Just watch.
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