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1 OZ GOLD COIN WILL EQUAL THE DOW

GUINZO1975GUINZO1975 Posts: 182
in U.S. Coin Forum
I predict that you will be able to purchase the dow with the 2009 High Relief Gold Coin. When the dow reaches 5000-6000 points, gold will be about 5000 an oz.
GUINZO1975

Comments

  • blu62vetteblu62vette Posts: 11,933 ✭✭✭✭✭
    And when will this happen?
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭
    First they have to start shipping some of the UHR's.
    imageQuid pro quo. Yes or no?
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    December 2012 is what I'm looking at and I can't tell you what it is that I'm looking at.
  • fcfc Posts: 12,793 ✭✭✭
    wow that is great news! if it happens most everyone here will probably
    be out of work, in the poor house, and selling their assets to put
    food in their mouth!

    hooray!
  • droopyddroopyd Posts: 5,381 ✭✭✭


    << <i>wow that is great news! if it happens most everyone here will probably
    be out of work, in the poor house, and selling their assets to put
    food in their mouth! >>



    I understand that gold is edible, though not particularly nutritious.
    Me at the Springfield coin show:
    image
    60 years into this hobby and I'm still working on my Lincoln set!
  • dbldie55dbldie55 Posts: 7,739 ✭✭✭✭✭


    << <i>wow that is great news! if it happens most everyone here will probably
    be out of work, in the poor house, and selling their assets to put
    food in their mouth!

    hooray! >>



    It is what the majority of voters asked for.
    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • JohnpJohnp Posts: 336
    My mother in law is already stocking the house with dry food and canned food it will come better be ready. Gold will see 1500 before this May 2009
    image
  • GUINZO1975GUINZO1975 Posts: 182
    wow that is great news! if it happens most everyone here will probably
    be out of work, in the poor house, and selling their assets to put
    food in their mouth! >>


    We are already there.

    I will keep this coin related......I don't think the US Mint will mint any gold buffalos this year. There is a real shortage of gold. Why did the US Mint puchase blanks from Australia's Perth Mint?

    People will be out of work, we are entering the next great depression. Even bankers are dumping the US dollar and buying gold. It is unfortunate but this year TSWHTF. By the time the Mint ships my UHR EAGLE, It will match the Dow Jones.
    GUINZO1975
  • dohdoh Posts: 6,457 ✭✭✭
    HAHAHAHAHAHAHAHAHA. Thanks for the laugh, buddy
    Positive BST transactions with: too many names to list! 36 at last count.
  • GUINZO1975GUINZO1975 Posts: 182
    By the way, for all those wondering........I am a tinfoil hat wearing right wing whacko.
    GUINZO1975
  • BobSavBobSav Posts: 937 ✭✭✭
    November 12th at 3:11 PM
    Past transactions with:
    Lordmarcovan, WTCG, YogiBerraFan, Phoenin21, LindeDad, Coll3ctor, blue594, robkoll, Mike Dixon, BloodMan, Flakthat and others.
  • 19Lyds19Lyds Posts: 26,492 ✭✭✭✭


    << <i>By the way, for all those wondering........I am a tinfoil hat wearing right wing whacko. >>




    DUH! image
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    Similar recent prediction

    and another from April '08

    and another similar discussion from '06.
  • BearBear Posts: 18,953 ✭✭✭
    Maybe the Mint will issue us all a certificate for the UHR

    rather then the actual coin. We will be told that to save

    money, the Mint is storing all of the UHR is a vault in an

    undisclosed location and that the certificate is as good

    as gold.
    There once was a place called
    Camelotimage
  • seemyauctionseemyauction Posts: 3,655 ✭
    image


    I love threads like this one


    imageCoinZip.com
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Cool, another economic apocalypse thread.
  • LanLordLanLord Posts: 11,722 ✭✭✭✭✭


    << <i>wow that is great news! if it happens most everyone here will probably
    be out of work, in the poor house, and selling their assets to put
    food in their mouth! >>


    We are already there.

    I will keep this coin related......I don't think the US Mint will mint any gold buffalos this year. There is a real shortage of gold. Why did the US Mint puchase blanks from Australia's Perth Mint?

    People will be out of work, we are entering the next great depression. Even bankers are dumping the US dollar and buying gold. It is unfortunate but this year TSWHTF. By the time the Mint ships my UHR EAGLE, It will match the Dow Jones. >>

    You really don't know what you're talking about do you? They shipped US gold over to have the blanks manufactured since the US mint and other resources have no ability to make the blanks required for the UHR. But keep sniffing the glue.
  • OverdateOverdate Posts: 7,111 ✭✭✭✭✭
    Maybe the Mint will issue us all a certificate for the UHR rather then the actual coin. We will be told that to save money, the Mint is storing all of the UHR is a vault in an undisclosed location and that the certificate is as good as gold.

    That's okay with me, as long as I can short a CDO against a Dec. 2012 option on a UHR future. (Of course, I expect I will have to set up an SIV to accommodate this transaction.) image

    My Adolph A. Weinman signature :)

  • ConnecticoinConnecticoin Posts: 13,051 ✭✭✭✭✭


    << <i>I predict that you will be able to purchase the dow with the 2009 High Relief Gold Coin. When the dow reaches 5000-6000 points, gold will be about 5000 an oz. >>



    Brilliant! Milton Freidman must have been your advisor for your masters thesis in economics.
    *For Sale on Numismy* *For Sale on Ebay*
  • mbogomanmbogoman Posts: 5,214 ✭✭✭✭✭
    "It is what the majority of voters asked for"

    In 2004...

    Also known as: "Fool me once, shame on you, fool me twice, shame on me"

    mbogoman

    Asesabi Lutho

    https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345
  • BearBear Posts: 18,953 ✭✭✭
    There are now 5 horsemen of the apocalypse.

    The 5th being the financial guru who created

    swaps and the idea of derivatives.
    There once was a place called
    Camelotimage
  • derrybderryb Posts: 37,385 ✭✭✭✭✭


    << <i>I predict that you will be able to purchase the dow with the 2009 High Relief Gold Coin. When the dow reaches 5000-6000 points, gold will be about 5000 an oz. >>



    Historically, when one ounce of qold equals the dow its time to sell the gold and buy the dow. It has always marked the high for gold and the low for the dow.

    Capital investment depends on confidence. - Martin Armstrong

  • blu62vetteblu62vette Posts: 11,933 ✭✭✭✭✭


    << <i>wow that is great news! if it happens most everyone here will probably
    be out of work, in the poor house, and selling their assets to put
    food in their mouth! >>


    We are already there.

    I will keep this coin related......I don't think the US Mint will mint any gold buffalos this year. There is a real shortage of gold. Why did the US Mint puchase blanks from Australia's Perth Mint?

    People will be out of work, we are entering the next great depression. Even bankers are dumping the US dollar and buying gold. It is unfortunate but this year TSWHTF. By the time the Mint ships my UHR EAGLE, It will match the Dow Jones. >>



    Thanks that really kept it related!!!!

    By the way, we are not there. Things have really really slowed, but being one of the unemployed ones I spend my time out and about and people are still spending, still doing things, less but they are spending.
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>By the way, for all those wondering........I am a tinfoil hat wearing right wing whacko. >>



    Let all Mr. Glenn Beck to the boards everybody!image
















    image
    Collecting coins, medals and currency featuring "The Sower"
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭


    << <i> people are still spending, still doing things, less but they are spending. >>



    I would agree with that 100%. I am in the not as well compensated but still employed crowd, and live in what use to be a bedroom community that turned into a shopping/eating community. People are definitely still lining up to get their IHop or Olive Garden meals.
    imageQuid pro quo. Yes or no?
  • WingsruleWingsrule Posts: 3,028 ✭✭✭✭
    Based on yesterday's closing prices, you could purchase one share of each of the Dow 30 stocks for $948.25 (excluding commish) and Kitco gold closed at $969.50.
  • DoubleEagle59DoubleEagle59 Posts: 8,371 ✭✭✭✭✭
    Don't laugh....it happened back in 1980 and once or twice earlier than that.

    It will happen again.

    I've been posting about this ratio and the Dow:Gold chart for years, ever since I joined on this forum.

    It's the ONE chart that steers my investing (for the long term) in the correct direction.

    Since 2000, I've sold most everything and have invested in PM's.

    Last big cycle was from 1980 to 2000 where the Dow:Gold ratio went from 1 to 1 all the way to 40 to 1.

    Since 2000, it has decreased from 40 to 1 where it's presently at approx. 8 to 1. This trend is still one of a declining Dow relative to Gold.

    A 1 to 1 ratio will eventually happen.

    The key point is, that will be the signal to tell you it's time to get out of PM's and get back into the stock market.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • AbesNeighborAbesNeighbor Posts: 705
    He may be right, but with a DOW 3,500 and gold $3,500
  • GUINZO1975GUINZO1975 Posts: 182
    The dow will also be priced in Ameros. I think the new Amero coins will be made out of silver. At the rate the US Gov't is printing Money, I see the collapse of the US dollar within 12-16 months.
    GUINZO1975
  • timcointimcoin Posts: 674 ✭
    I just wanted to comment that this is a great thread heading from a marketing standpoint. Coin/Bullion dealers should use a heading like that in an advertisement. "Could an ounce of gold exceed the DOW? Some experts believe so..."
  • DoubleEagle59DoubleEagle59 Posts: 8,371 ✭✭✭✭✭
    image
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    It's amusing to see posters say no way, another tin foil thread, it'll never happen.

    We've had quit a few of "it'll never happen" events....houseing meltdown, banking collapse, nationalization, Socialism, trillion dollar debt, Porkulus...

    Doesn't seem outrageous that our dollar could fold, look at gold in other currencies. As bad as it is, it's the world that is about to get "depressed" and will pull our dollar down with it.

    Ren

  • golfer72golfer72 Posts: 3,588
    I would say they both meet around 3000. The DOW is going much lower than 6000

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