great opinion, a range of 100%Originally Posted by 9999
an accurate assessment of his value
great opinion, a range of 100%Originally Posted by 9999
an accurate assessment of his value
those gold gurus don't like to take risks with their predictionsOriginally Posted by DrAndy
who is Gerald Calente ? let's see, a chartist maybe ?
Gerald Celente - Wikipedia, the free encyclopedia
In November 2008 Celente appeared on Fox Business Network and predicted economic depression, tax rebellions and food riots in the United States by 2012.[18] Celente also predicted an "economic 9/11" and a "panic of 2008."[19]
hey 9999, didn't take you for a delusional doomer, but apparently you like that guy who seem to be another doom nutter
Hugo Lindgren and ABC News have labelled Celente's predictions "pessimism porn" for their doom and the alleged eschatological thrill some people receive from imagining his predictions of the collapse of civil society in the wake of a global economic crisis.[22][23]
Settle down I just said I respect the guy's opinion, I don't pray to him or suck his cock or anything. He has been right on many things in the past. Nutjob or not, that can't be denied.
To put things in perspective, Butters, I respect your opinion only slightly less than Gerald's.
Economic depression - Check
Food riots - check the increasing numbers receiving US food stamps, check the numbers in Greece rioting, check the numbers in Spain rioting.
Eonomic 9/11 - The mighty US/Europe are losing the battle against Asia - Check
Panic of 2008 - Still awaited.
Look at Caterpillars, an economic global bell weather company, latest economic update - Things are getting worse
A tray full of GOLD is not worth a moment in time.
Unlike your own research and opinions which are, well nobody knows because your 'morals' prevent you revealing anything except in hindsight, and strangely enough your performance has always been 'better'
I know you idolise all things French even though there is a rumour that you are in fact from that great nation of ...... Belgium so perhaps it is time you just SURRENDER now.
Don’t argue with idiots because they will drag you down to their level and then beat you with experience.
Gerald Celente, you know, the guy I idolize and take his word as gospel, in the wharped world of butters' assumptions anyway, predicted food riots in America in 2013-2014, about 2 years ago.Originally Posted by OhOh
how old are you again, Socal 2.0 ?Originally Posted by draco888
at the cost of growth, so we get more USD than ever before, so not a bad thing. For every effect, there is a counter-effect.Originally Posted by draco888
we could do like the Brits in the 80s, have a strong pound but a weak economy with no growth. Very stable, but being poor would be the standard.
31/03/2013 gold at 22,250THB/one baht weight in BangkokOriginally Posted by OhOh
Purchased at 18,000THB 34 months ago
4,500THB profit approx 8.9% per year
very low return considering the risk taken,Originally Posted by OhOh
By virtue of the authority vested in me by ... an Act to provide relief in the existing national emergency in banking, and for other purposes ... I, Franklin D Roosevelt ... do declare that said national emergency still continues to exist and ... do hereby prohibit the hoarding of gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations ..."
These are the opening phrases of Executive Order 6102, issued by FDR 80 years ago on Friday. The order has become notorious among gold investors. Some fear something similar could happen again, that their government might seek to take their gold away as part of some trumped up "solution" to a "national economic emergency".
Events in Cyprus, where at one point it seemed that the state was going to levy a 6.75pc tax on "insured" deposits below €100,000, have served only to heighten fears that private wealth can, under certain circumstances, simply be appropriated.
Roosevelt's gold confiscation: could it happen again? - Telegraph
Even though this has been an interesting thread to read, I will have to use my gut and past history to soon invest in gold. With the world situation, precious metals just makes more sense to me than investing in paper, even though many things may give a higher yield of return.
If everything were to go south, gold is something that always could be used to buy whatever one needed during a world disaster. Paper would be worthless, as would much of the world currency. Since I will be gaining some disposable income in the near future, I will be putting most of it in gold and stash it away. Hopefully, we will never have a world disaster, but nothing is for sure.
As I said, interesting thread, but a little too speculative and technical for me. I am just someone who wants to have some reserve buying power and gold seems to be the best bet at the moment.
The platinum group metals are the best performers of the precious metals complex this year, with platinum up 1.5 percent and palladium 8.1 percent, against a 6.2 percent drop in gold prices and a 10.5 percent fall in silver.
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