Gold $3,000+, Silver $50 +

mrearlygold

I just read the latest Rosen Report. Maurice Rosen interviews Richard Maybury, EWR and Mr Maybury predicts gold to reach $3,000 and silver at $50. , in a 2 year time frame. This prediction is based on a much further decline of the dollar.

While I have my own opinions, is anyone here familiar with Maurice Rosen? Your opinion? Richard Maybury? ( I read EWR )

Whattaya think?

PerryHall

With the Dems controlling the government, I'm afraid that his prediction will come true. All this deficit spending is going to eventually adversely affect the dollar.

secondrepublic

I would probably sell my holdings if it got to that price.... depending on the "macro" environment of course.

MoneyCollector

No idea who these guys are but think big picture and long term.

We know that current events are unprecedented. We can also look back and see what our dollar bought 1, 5 10, 20, etc years ago.

Gold and silver are no brainers for storing wealth. Keep hoarding. Macro view are "things" getting better?

What will a dollar buy you in 10 years?

Randy

secondrepublic

Gold and silver are a good store of wealth but that doesn't mean I would never sell.

If there was a big bubble in prices, as happened in 1980 hopefully I'd be smart enough to recognize it and sell out. Then hopefully buy back in a few years later at a fraction of the price.

As I said, hopefully

Konahead

<< <i>With the Dems controlling the government, I'm afraid that his prediction will come true. All this deficit spending is going to eventually adversely affect the dollar. >>



eventually, it is already under asult and goind down fast. If things don't change and I don't see how that is possible. This is only the start of things to come.

cladking

<< <i>I just read the latest Rosen Report. Maurice Rosen interviews Richard Maybury, EWR and Mr Maybury predicts gold to reach $3,000 and silver at $50. , in a 2 year time frame. This prediction is based on a much further decline of the dollar.

While I have my own opinions, is anyone here familiar with Maurice Rosen? Your opinion? Richard Maybury? ( I read EWR )

Whattaya think? >>




Rosen is actually pretty insightful and has been selling his prognostications
to collectors for at least a couple decades. He dabbled in modern bashing a
few years back but other than that I have nothing against him.

I don't see the current ratio holding. If the economy doesn't improve it will
increase widely and if it does the ratio will shrink dramatically. I'd expect
closer to a thirty to one ratio in two years but a little lower on gold. The
central banks are about to capitulate again and let gold go to 1800. They
can hold it there at least as long as they held it at 950.

cladking

Oh, Rosen tends to be bullish especially on hard assets and technology.

He's made a lot of good calls over the years.

mrearlygold

Here's a few folks that might also be bullish on coins and precious metals. I realize this might only represent a small "fringe" group, but hey, every little bit helps right?

cladking

<< <i>Here's a few folks that might also be bullish on coins and precious metals. I realize this might only represent a small "fringe" group, but hey, every little bit helps right?
>>



...A billion people who want silver!

That could put a crimp on supplies if they have any success finding it.

Bear

People, before that happens, rest assured the the Governments of the world,

will change the rules of the game and fix the price of gold. No use letting us

sardines actually come out ahead for once. It would seem that no matter

who is in office, it is always, screw you now and screw you again later.

DoubleEagle59

Of course I believe it, could perhaps even be more.

the top of the PM bull run will be when one ounce of Gold equals the DJIA.

It could happen when:

Dow 10,000
Gold $10,000

or

Dow 4500
Gold $4500

or

Dow 1000
Gold $1000

It's happened many times in the past.

The amount is not important.

The key is the fact that the Dow is equal the the price of Gold. This is the important signal.

goingbroke

Well, the gold and silver price went back down last night I guess its time to buy more! (or maybe not)

ebaytrader

<< <i>This prediction is based on a much further decline of the dollar.
>>



That's the most important thing for most people.

cohodk

<< <i>

<< <i>This prediction is based on a much further decline of the dollar.
>>



That's the most important thing for most people. >>



Indeed. Its amazing at the number of people who actually pray for the decline of the dollar. Funny thing is most of these people call themselves patriots.

jmski52

Its amazing at the number of people who actually pray for the decline of the dollar. Funny thing is most of these people call themselves patriots.

The dollar is being used to rob the honest, hard-working people of this country. The government is using the dollar to keep the banks in business when they should fail; both the government and the big banks are complicit in the destruction of the dollar. Recognizing the truth of the matter is more patriotic than ignoring it. It has nothing to do whatsoever with hoping that the dollar will fall.

Separate fact from emotion and recognize who the culprits are. The stock market is not a market. In reality, even if you pick the winners the capital gains tax skims more off the top than any casino in Vegas does. There is no reason to put your faith in a system that is DESIGNED to screw you. Is there?

Gold $3,000+, Silver $50 +

So, the Rosen Report is predicting hyperinflation. I'm not quite sure that I agree it will happen, but I can say one thing for sure - there's alot of obligations outstanding, both banks and governmental - that are NOT going to be made good. Hyperinflation or not, things are not good, and they will get worse. And that doesn't even take into account the status of the government. Just my opinion.

Wolf359

<< <i>

<< <i>

<< <i>This prediction is based on a much further decline of the dollar.
>>



That's the most important thing for most people. >>



Indeed. Its amazing at the number of people who actually pray for the decline of the dollar. Funny thing is most of these people call themselves patriots. >>



What you want to be a socialist country or a country where freedom reigns? Pray for the dollar's demise, and quickly.

metalmeister

Go back just 8 years ago. Gold at $300, Silver at $4.
Folks who loaded up then are sitting well.
$3000 Gold? Absolutely. Thanks to the Dems to
push us into the third world to be "competitive"

ChrisRx

With brains back in the house gold/silver should not rise up as fast.

roadrunner

I've been a subscriber on and off with Maurice since the late 1970's. In fact I ran across a couple of newsletters from 1979 and started reading them to see what Maurice said back then.

But it was Maurice's interview with Jim Sinclair back in August 2002 that got my attention with derivatives and the banking system problems. JS was already predicting a return of gold to new all time highs with $1250 as the new high. I was hooked back in 2002 based on 90 TRILLION reasons. Maurice doesn't give air time to every Joe that has a story to tell, esp. with respect to the economy, financial system, or gold/silver. To those that panned his August 2002 interview, we know what has happened since and who was right.

MrEarly.....tough crowd over there at Kitco huh? Regardless of his 25,000 posts, GG doesn't hold a candle to MR or RM.

roadrunner

morgansforever

At those prices of $3k and $50, I'm selling everything, then wait for a dip and buy more.
Some local guys are saying a run up in September, then a signifigant drop in October.
What goes up must come down, the key is to buy on the down.

renman95

Hyperinflation? Once the world divests from the dollar, which the Chinese have started with there $50b in SDR's, a stand alone dollar will crash. Meanwhile the rest of the world will be "safe" with their new "basket reserve" currency. This could take some time. I wish it wouldn't but how else can the kitty be paid. At this point super high taxes wouldn't pay off our debt either. It's all too far over the cliff.

mrearlygold

<< <i>I've been a subscriber on and off with Maurice since the late 1970's. In fact I ran across a couple of newsletters from 1979 and started reading them to see what Maurice said back then.

But it was Maurice's interview with Jim Sinclair back in August 2002 that got my attention with derivatives and the banking system problems. JS was already predicting a return of gold to new all time highs with $1250 as the new high. I was hooked back in 2002 based on 90 TRILLION reasons. Maurice doesn't give air time to every Joe that has a story to tell, esp. with respect to the economy, financial system, or gold/silver. To those that panned his August 2002 interview, we know what has happened since and who was right.

MrEarly.....tough crowd over there at Kitco huh? Regardless of his 25,000 posts, GG doesn't hold a candle to MR or RM.

roadrunner >>



It's pretty funny RR. Most of the ones like GG probababy can't afford to buy a circ st g but thow the kind of shots they do.

Coinsponge

<< <i>People, before that happens, rest assured the the Governments of the world,

will change the rules of the game and fix the price of gold. No use letting us

sardines actually come out ahead for once. It would seem that no matter

who is in office, it is always, screw you now and screw you again later. >>




So true. At least our corrupt governemt will try something to prop up the much abused dollar. Could it be confiscation or maybe making it illegal to own gold. I could see it.