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Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
LoP Guest
lop guest
User ID: 62318
08-23-2012 02:13 AM

 



Post: #1
Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
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This is coming from someone very connected to the gold market. Once the paper market goes bust, gold will double overnight, and then double again and again...
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Gibbie
^D ^D ^D whoa
User ID: 34710
08-23-2012 02:15 AM

Posts: 7,069



Post: #2
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
LoP Guest  Wrote: (08-23-2012 02:13 AM)
This is coming from someone very connected to the gold market. Once the paper market goes bust, gold will double overnight, and then double again and again...

Glen Beck?

Challenge your programming.
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Ghost of 51:50
Registered User
User ID: 115888
08-23-2012 02:17 AM

Posts: 2,709



Post: #3
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Jhikpghf

666 technological enslavement and spiritual damnation coming soon!
http://www.666themark.com/
http://tshtfspecial.blogspot.com/
http://tshtfspecial.blogspot.com/2012/10...eaded.html
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LoP Guest
lop guest
User ID: 62318
08-23-2012 02:21 AM

 



Post: #4
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Gibbie  Wrote: (08-23-2012 02:15 AM)
LoP Guest  Wrote: (08-23-2012 02:13 AM)
This is coming from someone very connected to the gold market. Once the paper market goes bust, gold will double overnight, and then double again and again...

Glen Beck?

i think this is suppose to be a subscription letter but scroll down until you see a comment titled "jim willie"

http://www.tfmetalsreport.com/blog/4117/...nue?page=1
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WTC7SMOKINGUN
The REAL culprits are still at large !
User ID: 89496
08-23-2012 02:24 AM

Posts: 10,298



Post: #5
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Jhikpghf

This^^^^^.
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LoP Guest
lop guest
User ID: 62318
08-23-2012 02:26 AM

 



Post: #6
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Well be back !  Wrote: (08-23-2012 02:24 AM)
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Jhikpghf

This^^^^^.

if you're seriously betting on a mad max scenario, then yes.
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Scuba7
Registered User
User ID: 116020
08-23-2012 02:31 AM

Posts: 952



Post: #7
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Why not have both?

From out of nowhere; Chris Froome. Go you good thing.
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Ray
Registered User
User ID: 116180
08-23-2012 02:39 AM

Posts: 1,026



Post: #8
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Jhikpghf

Think how much gold you could get for a can opener..

I don't get the 'can't eat gold' argument. You can't eat an AR-15, you can't eat kerosene lanterns, you can't even eat a mountain cabin..

People with hard money can exchange it back into whatever greenbacks or bitcoins that come next, as they need to buy supplies.
Or trade it to people with surplus supplies for a grub-stake.

Ancient people used money, and they lived Mad max all the time.
Popcorn

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Gibbie
^D ^D ^D whoa
User ID: 34710
08-23-2012 02:41 AM

Posts: 7,069



Post: #9
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
You will find on average 10 articles about gold skyrocketing in value 'in the immediate future' every single day. And they've been rolling in for the last 5 years.

Gold will only skyrocket if everyone is fleeing paper assets and putting money into tangibles. But before this will happen there will be a gigantic dollar rally as the Euro suffers its inevitable fate.

Challenge your programming.
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Ghost of 51:50
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User ID: 115888
08-23-2012 02:50 AM

Posts: 2,709



Post: #10
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Ray  Wrote: (08-23-2012 02:39 AM)
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Jhikpghf

Think how much gold you could get for a can opener..

I don't get the 'can't eat gold' argument. You can't eat an AR-15, you can't eat kerosene lanterns, you can't even eat a mountain cabin..

People with hard money can exchange it back into whatever greenbacks or bitcoins that come next, as they need to buy supplies.
Or trade it to people with surplus supplies for a grub-stake.

Ancient people used money, and they lived Mad max all the time.
Popcorn

I think in this coming credits based cashless system, that's coming after the financial collapse, those that refuse the microchip, will have to barter, until the powers that be start killing them off.

They will be vagabonds in the new system, and will have to barter to make it. Before they eventually meet their demise.

666 technological enslavement and spiritual damnation coming soon!
http://www.666themark.com/
http://tshtfspecial.blogspot.com/
http://tshtfspecial.blogspot.com/2012/10...eaded.html
(This post was last modified: 08-23-2012 02:50 AM by Ghost of 51:50.) Quote this message in a reply
LoP Guest
lop guest
User ID: 115998
08-23-2012 03:10 AM

 



Post: #11
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Gibbie  Wrote: (08-23-2012 02:41 AM)
You will find on average 10 articles about gold skyrocketing in value 'in the immediate future' every single day. And they've been rolling in for the last 5 years.

Gold will only skyrocket if everyone is fleeing paper assets and putting money into tangibles. But before this will happen there will be a gigantic dollar rally as the Euro suffers its inevitable fate.
Jhikpghf

A window of time for gold to skyrocket in value. That window opens when all paper currency and investments start collapsing in earnest. It shuts as soon as there is serious chaos, or some new system is implemented and stabilizes.

Gold was $257 an ounce in 1999. It has increased in value over 6X to $1650 an ounce in 13 years. What other investment or item has done that?
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Mike
lop guest
User ID: 105339
08-23-2012 03:15 AM

 



Post: #12
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Jhikpghf

Gold (and silver) shouldn't ever be intended to take the place of food preps. They're long term investment items. Eventually even in the most extreme SHTF scenarios there will be some return of a market to exchange goods and gold and silver will have much value. There will be people with extra food, parts, medicine and so on and these folks will very likely see the value in precious metals knowing that you're not going to be functioning on a barter system indefinitely. So they will want to acquire them to have as their own post SHTF investment.
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DRAGOON
Registered User
User ID: 14627
08-23-2012 03:16 AM

Posts: 1,625



Post: #13
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
LoP Guest  Wrote: (08-23-2012 02:13 AM)
This is coming from someone very connected to the gold market. Once the paper market goes bust, gold will double overnight, and then double again and again...

5 Stars OP, Thanks

4-19
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Devout Agnostic
Not positive is not negative
User ID: 67579
08-23-2012 03:19 AM

Posts: 7,248



Post: #14
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
Scuba7  Wrote: (08-23-2012 02:31 AM)
Ghost of 51:50  Wrote: (08-23-2012 02:17 AM)
You can't eat gold. A can of pinto beans will be worth 20 bars of gold.

Why not have both?

We all know where you hide your bullion.
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Darkzen
Registered User
User ID: 104205
08-23-2012 03:22 AM

Posts: 1,343



Post: #15
RE: Gold Going To $50,000/oz...Silver/Gold Ratio Going to 18:1
So Op...that means you will buy my gold right now for $10,000 oz ?

[Image: Exsequor.png]

[Image: anarchy-animated-red-A.gif]
Non Omnis Moria
(This post was last modified: 08-23-2012 03:22 AM by Darkzen.) Quote this message in a reply












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