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Nothing but Blue skys from now on..

tneigtneig Posts: 1,505 ✭✭✭
in Precious Metals
Just watched the movie: The Crash of 1929.
"Nothing but Blue Skys, shinin at me. Nothing but Blue Skys from now on...." Dow 14000. Nat debt 16Trillion.

We'd better get ready. The current price of PMs seems cheap compared to the alternative.
COA

Comments

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    personally I believe gold is fairly valued at 1650. I think silver is overvalued at $32 and platinum is underpriced and will be the next metal to hit 2000. Just my way of thinking.I reserve the option to change my mind when the time comes.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • carew4mecarew4me Posts: 3,470 ✭✭✭✭


    << <i>personally I believe gold is fairly valued at 1650. I think silver is overvalued at $32 and platinum is underpriced and will be the next metal to hit 2000. Just my way of thinking.I reserve the option to change my mind when the time comes.

    MJ >>




    Agree. I am looking for $25 Silver this year, $1500 gold. Platinum is such a wildcard with Mine strife and demand (?!!?)

    Loves me some shiny!
  • jmski52jmski52 Posts: 22,820 ✭✭✭✭✭
    I keep hearing on the news that the stock market is "on a tear".

    So it must be ok to come out of the bunker now. Hurry up, don't delay. Goldman Sachs is waiting to guide your retirement investing. And so is the nanny state. Don't worry. It will all be pre-arranged for you. (Of course, the yield may suffer a bit but trust us - have we ever screwed up before?)

    courtesy of sinclair's link
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • cohodkcohodk Posts: 19,095 ✭✭✭✭✭


    << <i>I keep hearing on the news that the stock market is "on a tear".

    So it must be ok to come out of the bunker now.

    courtesy of sinclair's link >>



    No, it was OK to come out of the bunker 2 years and invested in stocks instead of silver when there was so much doom and gloom for stocks and so much promise for silver.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,788 ✭✭✭✭✭
    follow the money.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>

    << <i>I keep hearing on the news that the stock market is "on a tear".

    So it must be ok to come out of the bunker now.

    courtesy of sinclair's link >>



    No, it was OK to come out of the bunker 2 years and invested in stocks instead of silver when there was so much doom and gloom for stocks and so much promise for silver. >>



    How true...and I've never had such a large gain in such a short period of time. I'm still holding on to my remaining stock of our host, purchased at an average cost of below $3. I did sell several thousand shares at $15 in Jan 12.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • rpwrpw Posts: 235 ✭✭


    << <i>"Nothing but Blue Skys, shinin at me. Nothing but Blue Skys from now on...." >>



    Na zdorovie tovarich!
    image
    imageimage Small Size National Bank Note Type Set $5-$100
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Weather in the southwest US is clear and sunny, with highs in the mid 70s and 1-3 mph breezes

    Liberty: Parent of Science & Industry

  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭
    Just like the people who thought the housing market would never stop, it amazes me how some still think the US is undestructable, its dollar is unstoppable and its way of life is the envy of the world.

    Sorry to disappoint you, but this is no more.

    The US today is a shadow of its former (glorious) self.

    Reality is there is no way out because the Gov't/Fed are out of bullets.

    By that I mean, there is no option left for raising interest rates.

    What's left is clear....inflate until the end comes and that is the dollar loses a substantial value.

    If you don't believe this scenario, I guess you're still flipping houses.
    "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)
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,358 ✭✭✭✭✭


    << <i>

    << <i>personally I believe gold is fairly valued at 1650. I think silver is overvalued at $32 and platinum is underpriced and will be the next metal to hit 2000. Just my way of thinking.I reserve the option to change my mind when the time comes.

    MJ >>




    Agree. I am looking for $25 Silver this year, $1500 gold. Platinum is such a wildcard with Mine strife and demand (?!!?) >>




    Mid $20's would be sweet for silver. I need to add some 100 oz Engelhard poured bars to my type set. image
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • Steve27Steve27 Posts: 13,274 ✭✭✭


    << <i>personally I believe gold is fairly valued at 1650. I think silver is overvalued at $32 and platinum is underpriced and will be the next metal to hit 2000. Just my way of thinking.I reserve the option to change my mind when the time comes.

    MJ >>



    So even you don't trust what you're thinking.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • derrybderryb Posts: 36,788 ✭✭✭✭✭
    silver is far undervalued thanks to excess silver paper creation. Ultimate demand for it to be converted to physical will be payday for those holding physical.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • tneigtneig Posts: 1,505 ✭✭✭
    Question: How was this past decade long breakout of PMs related to paper?


    << <i>silver is far undervalued thanks to excess silver paper creation. Ultimate demand for it to be converted to physical will be payday for those holding physical. >>

    COA
  • derrybderryb Posts: 36,788 ✭✭✭✭✭


    << <i>Question: How was this past decade long breakout of PMs related to paper? >>


    Proportionate price increases. Except for slight increase in premiums physical price has always been set by paper price. What has changed has been rapidly increasing demand for physical.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>

    << <i>"Nothing but Blue Skys, shinin at me. Nothing but Blue Skys from now on...." >>



    Na zdorovie tovarich!
    image >>



    Is sissy-man, no? Drink wodka wit lemon. Pwahh!

    comrade renski
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