Lindsey Williams prediction about to come true?

[widgetMember]

The developments in the financial market plays all to well into Lindsey
Williams predictions. The reports of physical gold/silver shortages and
sovereign/CB gold buying ramping up while the paper price is going
nowhere or down. I’m getting more and more convinced that a COMEX
default is the full intention of the manipulators. They are not planning
on ever delivering on their shorts. Their game has been revealed by the
major players, and those are now getting their hands on every piece of
physical there is. They manipulators are only in the game in order to
hide Gold’s safe haven status before the big implosion happens. The lid
will be kept on the paper price until the last brick has left the
warehouse, which after they become worthless, or BEST case redeemed in
cash at the then current (depressed) price leaving the owner losing
their position while gold goes “no offer”.

I’ve been patiently waiting for over a year for the (leveraged) paper
price to recover even for a short moment so I can cash out (the paper products are locked in an insurance plan that must be liquidated all at once together with other assets) and convert it all to physical.
We are now facing a total collapse in the euro zone which WILL lead to a
temporary spike/plateau in the USD before the contagion and realization
that fiat money will fail causes implosion or hyperinflation of the
USD. Some time between now and then the physical gold stockpiles will be
depleted, leaving everyone still in paper as the ones still standing in
a game of musical chairs when the music stops.

Even at the news of bank runs, rehypothicated gold, reports of
backlogged refineries and backwardation, empty allocated storage
facilities, more countries repatriating gold and moving away for settling in dollars, euro capital/border controls, fake ETF gold bar listings, (unilateral) italian
bank holiday, major CB gold purchases and a complete failure of the
euro looming – promises to deliver gold in the future is STILL selling, I
have to conclude that the seller surely are incredibly stupid asking
for bankruptcy or they are planning on never honoring those contracts
(and i think we all know the commercials can be called many things but
not ‘stupid’).

According to Lindsey Williams both the euro and the dollar will both be
worthless (but still exist) before 2012 is over. Once the euro falls,
you only have about 3-4 weeks to COMPLETELY get out of all paper, and
expect banks to call in mortgages in a buy-to-rent scheme.

I expect to never again see $1900 paper gold or $40 paper silver. I
expect it to be trashed in its place (pretty much) or go lower until the paper markets
seize to exist. I want to be wrong, because it hurts like a bitch to
liquidate my position at a 30% loss, but I’m one inch from swallowing my
pride and exit all paper. A year ago I was telling myself “They cannot
keep the lid on the paper price forever” which is now transforming into
“I guess they could”.

I think the exit sign is blinking. What do you guys think?

[2 OZ.Member]

I think you are right Widget. Doc posted a RED ALERT WARNING a little while ago that has a lot of people upset about the Euro has collapsed (Unofficially) and they are using capital controls, etc. to kinda keep a lid on it. Who knows. I think Lindsay is correct and have been following his speeches for a while now. I really think people should get out of paper as soon as possible because any delay may tank all they have. Great post.

[Marchas45Member]

Hi! Widget Pastor Williams tells us to ignore the Euro and what’s happening in Europe and to concentrate on here and the Derivatives Market showing cracks and when the Interest Rates go up then it’s all over and you need to be prepared.

Also we will still have the dollar but not worth that much.

P.S. I spent $65.00 and bought his DVD’s Lol

[silverbullionMember]

M45 lol You mean you spent about two ounces of silver.

[Marchas45Member]

Yea I did, So I could Learn WHEN To Buy More. Lol

[silverbullionMember]

lol

[PhilAZMember]

For others wondering when to buy more phys, here is my advice…  BUY NOW!!!

Please forward $65 to my PayPal account, LOL

PhilAZ

[AnonymousXMember]

Ah, yes, like his 2010 prediction of 30-50% dollar devaluation. He makes one good guess about oil prices, and people still give him credit despite a string of misses. Pastor Williams is how old, yet he still believes in magic sky fairies. Credible.

Here’s another list of “expert” predictions, including Williams, just for laughs:

http://www.morningliberty.com/2010/05/16/economic-collapse-martial-law-24-experts-warn-of-2010-meltdown/

[widgetMember]

Like I said – I hope his predictions are wrong (not on gold & silver though

[widgetMember]

Sayonara – http://www.zerohedge.com/news/german-constitutional-court-says-may-need-three-months-deliver-esm-verdict

[XizangMember]

You guys all remind me of a bunch of young church members, all expecting each other to boost your faith – but in gold and silver.   Like a belief (or not) in God, a belief in gold and silver will become a self-evident prophecy.  

Us older guys understand that just as it doesn’t matter if you believe or not –  faith or the lack thereof will reveal itself.  Everyone who believed will have their doubts erased as events unfold.  

Then at the “after”  party, you can all congratulate one another for being right all along.   God is God, and is there, whether you believe or not.  

Doesn’t matter to God.   Likewise, Gold and Silver will be revealed to be the only real money after all the paper fiat’s value decomposes. 

Doesn’t matter to Gold or Silver.   

• This reply was modified 10 months, 2 weeks ago by  Xizang.

[widgetMember]

So you are saying that we are right about gold and silver, but we are wrong for believing we are right?

And…
“Us older guys understand that just as it doesn’t matter if you believe
or not –  faith or the lack thereof will reveal itself.”
…means that sentiment is of no market value? Confidence in strategies or institutions do not matter? A bank run is just a bunch of people who happen to be reclaiming their deposits at the same time by coincidence? Giving up a long position because you are discouraged in a falling market never happens to “old guys”?

And yes. We need some pep talk and reconfirmation as we start question ourselves. If we didn’t constantly put our and others’ common belief into question we would not have piled into gold/silver in the first place – we’d be shilling [sic] out to CNBC right now.

[XizangMember]

Well, I think that if we make the decision to store our money in the form of gold or silver, it’s most likely best for the long haul.  I can’t speak for you but I know I’m not smart enough to play the markets and try to make a profit day to day.  My thoughts are faith in silver and gold and total lack of faith in the fiat paper currency the bankers have brainwashed us into thinking of as money.

I’m thinking that it will be soon enough when our faith in our decision to store our savings in the form of precious metals is justified.  Soon enough, the banks and their funny money will be a part of failed history.  Like my own faith in God, my faith in gold and silver are ongoing.

You’re probably confident that you made the right decision when you started buying silver and gold.   You don’t really need affirmation from anyone else.  You did right and soon your decision will prove to be the right one.   And likely one of the best things you’ve ever done in your life.

[Author]

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