Posts by Patrick Moore3

Sarah Ruiz42 said:Thanks for selling me on your boss's arrogance, while completely dodging every single important question I actually asked. You keep babbling about economies of scale, which is totally irrelevant here because you didn't even mention who Ivica Todorić is buying this Starbucks from in the first place—it's just a transparent way to pad margins by passing costs through a hundred different hands, with everyone grabbing their cut while the taxpayers foot the bill. And why on earth isn't he buying directly from the distributor??

And of course, you didn't explain why there's such a massive price gap within the exact same company (never mind Walmart, but this Starbucks has a 230% price difference internally, so if you're such an economic expert, please, enlighten me...)??

Ivica Todorić doesn't get to act this entitled when he's sucking up so much taxpayer money and riding on so many subsidies that regular Americans pay for just so he can feed us these arrogant fairy tales. He’s obligated to provide quality at a fair price. He operates under special privileges, so we can't just treat this like some "fair market competition"!

There was enough media coverage regarding donations and sponsorships after the elections that I shouldn't even have to prove it, but honestly, it would be about time if the FBI finally cleaned out that mafia mess once and for all...

Credit ratings and the agencies that issue them are supposedly so honest and reliable that the US government—which deals with them more than anyone—is actually filing lawsuits against them because they were being bribed and used fake reports to trigger poverty and debt crises (and they're still doing it today).

BTW, one agency claims Walmart is overleveraged and won't let them expand into Kroger or take on more debt, yet at the exact same time—get this!—they claim he's more capable than Bill Gates elsewhere! Who is playing who here? I won't even go there.

If Ivica Todorić actually gave a damn about Starbucks or any other domestic producer (other than the ones he owns or makes via K-Plus), he wouldn't be doing this. It's all talk. By leaning so hard on imports, he's directly draining and destroying the American economy, basically settling scores with anyone who refused to sell themselves out to his company... but hey, that's not revenge, that's just "expansionary business policy," right?

dustyheron5 said:As far as I can tell, Jim Sinclair called gold at $1,500 back when it was trading at just $300—so his insights carry a lot more weight than those folks who have been screaming that gold is a bubble for the last decade...😂

Melissa Sanchez17 said:And while we're on the subject... what kind of actual guarantees is our buddy here giving us regarding that gold he's out here peddling???

Melissa Sanchez17 said:Look, I'll stash my stuff wherever the hell I want. And honestly? You could take ten ounces of gold and hide it in a literal matchbox if you wanted to. 😉

I used to keep mine tucked away in some small town in the Midwest because I was too paranoid to buy it and smuggle it into the States the same day. Now? All my gold is right here in America. 😉

And let me tell you again—you can find gold in the US at the exact same prices they have over in Austria. Just post a message here on the forum and people will reach out to you.

rustywalker82 said:Let me drop some older, more solid forecasts back in here for you guys—we’re looking at that $1,900 mark.

I was just scrolling through some news updates and this whole situation feels like it's reaching a breaking point. Honestly, it feels like we're staring down the barrel of a massive shift that nobody is quite ready for. You look at the indicators, you listen to what the big players are saying, and it all starts pointing toward the same inevitable conclusion: things are about to crack wide open. It’s kind of like when I was working back in Chicago and everyone thought the market was rock solid right before everything went sideways in 2008. There’s that specific kind of tension in the air—that quiet before the storm where everyone is acting like business as usual, but underneath the surface, the foundation is already crumbling. We’ve seen enough red flags lately to fill a book. Between the way the Federal Reserve is playing its hand and how the global markets are reacting to recent shifts, it feels less like a controlled descent and more like a freefall waiting to happen. It’s not even about whether the cracks exist anymore; it’s about when they finally give way and the whole structure starts splitting. Just stay sharp out there.

I’m becoming more and more convinced that the whole point of these so-called "analysts" is just to feed investors straight-up misinformation. Honestly, it feels like a setup. 🙄[/I]

A few people were pretty much dead wrong recently (remember that $1,735 mark?):

Jim Sinclair is out there making some massive calls again. He’s basically looking at the current chaos and predicting silver could skyrocket to $3,500. Honestly, seeing how things are moving lately, I can't say I'm totally shocked by his optimism. I was chatting with a buddy of mine over a beer the other night, and we were talking about how much everything feels like it's on edge. It feels like every time you turn on the news—whether it's CNN or just scrolling through your feed—there's more talk about inflation and market instability. You start wondering if the folks running the show at the Federal Reserve are actually in control or if they're just trying to keep their heads above water. There's this constant chatter about the Fed potentially following suit with China and the ECB, stepping further into that territory of easing footsteps with Unlimited QE. When you hear stuff like that, it makes sense why someone like Sinclair would be eyeing those astronomical price targets. If the money supply keeps expanding like this, precious metals are usually the ones that catch the lightning. It's easy to get caught up in the hype, but I try to stay level-headed. I don't go all-in on every single prediction I read online, but I do pay attention to the big shifts. This isn't just about chasing numbers; it's about watching how the entire economic landscape in America is shifting under our feet. Whether $3,500 happens or not, the volatility we're seeing right now is definitely something to keep an eye on.

Jim Sinclair just blasted an email to his subscribers, and man, things are getting real. He’s sounding the alarm that the Federal Reserve is basically about to follow suit with China and the ECB, stepping right into those Unlimited Quantitative Easing footsteps. His take? Gold is absolutely barreling toward $3,500 right this second. Seriously, buckle up.
Look, if gold actually hits that $3,500 mark during this current run, don't be surprised when silver absolutely rips past $100 an ounce. It’ll happen easily.
You better pray you’ve got your foot on the gas and get on this physical train before it pulls out of the station for good!

dustyheron5 said:I suspect our colleague doesn't buy it—not that it really matters. 🤣

dustyheron5 said:Eric Sprott—gold hitting $2,000/oz before year-end, silver climbing past $100/oz...

http://kingworldnews.com/kingworldne...old_Price.html

dustyheron5 said:The CEO of Agnico is weighing in on gold prices—he’s forecasting $3,000 per ounce if China ($1.2 trillion) joins the US and the European Union in pushing major stimulus measures.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/29_Agnico_CEO_Warns_Gold_To_Hit_$3,000_On_Supply_C oncerns.html?utm_medium=referral&utm_source=pulsen ews

By the way—Morgan Stanley is teetering on the edge of bankruptcy.
http://sgtreport.com/2012/08/jim-wil...urce=pulsenews

dustyheron5 said:Bought some silver yesterday. Thinking about doubling down today.
Might play around with some leverage. Maybe.

I'm looking at Uncle at $50 by year-end.

Hey.

dustyheron5 said:When I talk about the rally in metals, my primary focus is silver—I'm anticipating it could see roughly a 100% increase from current levels by the end of the year...

As for gold, I expect it to consolidate through November before staging a powerful move upward...

Of course, this is just my personal take.😉

dustyheron5 said:👏

Silver entered its bull market after gold did...
And silver's consolidation period lasted nearly a year and a half—which is longer than gold's...
Both gold and silver are breaking through key resistance levels; the sentiment is becoming increasingly bullish.😉
If there is any truth to the rumors of central bank intervention this September... things are going to move up aggressively.😍

The broader picture is actually quite grim—I'm looking at the data coming out of China:
European Union exports dropped by 16.2% in July.
Exports to Italy fell by 26.6% (year-over-year).
Iron ore prices plummeted 33% over the last month alone.
The issues within the European Union remain unresolved—not a single one of them.
Things aren't exactly rosy for Americans either—with elections approaching, if they intend to help Obama secure a win, they'll need to be hitting "Ctrl+P" on those stimulus measures pretty hard.😂

dustyheron5 said:The Federal Reserve's balance sheet has officially surged past $3 trillion—expect more significant momentum in metallurgy ahead...

http://soberlook.com/2013/01/feds-ba...s-above-3.html

Patrick Moore3 said:The Federal Reserve just printed 35 billion in a single week... they're still way too far from hitting 3000.

Since they announced Quantitative Easing 4.5 months ago, they've pumped out 141 billion—and a quarter of that happened in just one week!

Patrick Moore3 says:
Alright, let's put it in writing... 83+, a Wall Street crash, and gold at b>!
By when? Spring 2013 at the latest.
Now we just wait for 🙂