I think this was an important interview. The forum would be a good place to discuss it. Sentiment in gold has never been lower. Mr Sinclair believes that sometime this month, if not already we will have reached a bottom in gold. He says this should be the last major orchestrated raid by the bears. We should make a turn this month on our way to 3500 gold. He does seem to contradict himself a little. Now he is stating that the bears and the bulls will get wiped out at least 3 times once gold is in the 3 to 4 thousand dollar range. Apparently there will be considerable volatility that most investors will not be able to tolerate. Jim does not discuss silver in this interview but he has said that silver is a good trading vehicle but in the long run he believes that gold is the best buy and hold metal. Your thoughts?
" LOL, it was a free non sanctioned test. Just wanted to see how much I already knew. Learning curve should be a piece of cake.
Things I have been wondering though are whether the gov would shut down those frequencies in a SHTF scenario. No point in heading in that direction if it's a lost ca... "Reply To: Ham radio
" The error I see stackers making is the value of their stash in fiat. Fiat that is rapidly losing any purchasing power and is losing its usefulness. Price your stack in real world goods to see how you are doing. $4 silver years ago bought 8-16 gallons of gas, $21 silver still buys 8 gallons of gas... "Reply To: My Faith in Silver is Just About Broken
" There are many ways to view this one way is insurance, you pay for policies don't you? I hope my home never get blown away in a storm but if it does I have a policy to cover it. I like insurance, it's not always cheap but I sleep better at night knowing I have it. "Reply To: My Faith in Silver is Just About Broken
my avg price was $32-33 an oz but a recent Doc buy was about $25 and that made me satisfied with DCA
My take on the fallout of these price smashes is one that tells me there are more reasons that just taking down silver prices to unwind a TBTF bank silver short contracts. That sa... "Reply To: My Faith in Silver is Just About Broken
" If everything collapses, then who is going to power up the Internet? Not everyone will accept precious metals right away for payments after the collapse so by that time, the Internet will disappear as well. "Reply To: Will The Internet Be Up?
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