Gold: Past, Present, and Future

He already told you—you just aren't paying attention...

Looks like a fun one today.
http://www.zerohedge.com/news/hyper-...ll-out-warfare

Can Draghi actually pull the trigger on anything without Germany calling the shots first? Short answer: No.

It’s not exactly news when bankers decide to ignore common sense.
Honestly, they spend most of their time doing just that.

So, I was digging through some Indian finance forums earlier and stumbled onto this theory—apparently, the folks over there think silver is sitting in a massive oversupply right now. The logic? They’re pulling way too much out of the ground, but since everyone stopped using it for film photography, demand has just cratered. If this holds water, we could be looking at a total flatline or even a downward trend for a good while.

They've got it all wrong.
All the silver being pulled out of the ground either gets used up—think electronics, medical gear, military tech, solar panels, you name it—or it just sits there tied up in investment bullion.
It hasn't been a staple in photography for years, yet the price keeps climbing because of those dozens of other industries that rely on it.
A few years back, the Chinese government actually restricted silver exports, and now they're importing it. On top of that, they’re even encouraging their own citizens to load up on silver and gold.

And honestly, I had no clue silver was being used in solar panels. We’re looking at potentially massive demand there.
I saw this ridiculous-looking bullion the other day: a "Coin Bar"—basically just a stack of silver coins fused together, with designs printed on the top and bottom surfaces:
http://www.kettner-edelmetalle.de/-s...enzstange.html
The price is pretty much the same as just buying a standard silver bar with a coin stamped on it.

Another lesson for the sheeple:
http://www.zerohedge.com/news/and-wh...emand-physical

And they didn't even earn it...

Anthony Evans78 said:Another lesson for the sheeple:
http://www.zerohedge.com/news/and-wh...emand-physical

Honestly, I think the world actually needs its fair share of idiots, uneducated folks, and people who have no clue what's going on. Just imagine if everyone actually knew everything... 😍
would be a total disaster.

In that case, they wouldn't even be talking about this stuff. Everyone would just be living life completely carefree, blissfully unaware. 🙂

Back when he dumped gold at $1,450, half the peanut gallery was calling him an idiot—saying he completely missed the mark and blew it.

Fast forward to now, and suddenly he’s back in the game buying it up, and everyone’s acting like he’s some kind of genius. 😂

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/15_$12,000_Gold,_Paulson,_Soros_%26_A_Coming_Mania _In_The_Shares.html

They're better off staying out of the stock market—you can dilute their holdings with a single stroke of a pen if you really want to.😉

Things look good today, but don't get too ahead of yourself. The stock market is closing in on an April peak, and I doubt the S&P 500 can push much past 1422. It all hinges on the Dollar—it really needs to lose steam soon and step aside for a few days to let our quasi-currency take center stage. This rally might last another ten days or so. Personally, I see gold hitting a max target of 1700, though 1642-1670 feels more realistic. After that, we’ll probably slide down through most of September, maybe testing a floor around 1550 in November before we finally blast off again.

lonehawk5 said:And they didn't even earn it...

Don't be so harsh, friend—just imagine if you had entrusted your life savings to Knight Capital, or Peregrine, or MF Global... or even Charles Schwab... only to have people tell you that you didn't deserve better when you weren't even at fault. You simply trusted your money to thieves—without realizing they were thieves in the first place.😉

The real question that always needs asking is: what on earth were the regulators doing?🤷

Sunday afternoon vibes... just me, a beer, and some coffee...
The “ New ” Migration to Gold and Silver Quote : Really , The only thing Better Than holding an Eagle or Maple Leaf is holding an entire roll of 20 of them

The “ New ” Migration to Gold and Silver Quote : Really , The only thing Better Than holding an Eagle or Maple Leaf is holding an entire roll of 20 of them.

🙂

I am truly at a loss... when a major national publication like the New York Post publishes something along these lines, it’s enough to set off every alarm bell in my head...

🙂

As you can tell, they went out and bought fund shares😉

Rothschild US dollar shortshort

I guess you could look at it this way.
Take a little corner florist over on 6th Avenue in NYC, for example. paulson-soros-gold.
Maybe things aren't as simple as they seem, but who knows?

mistyhawk17 said:I am truly at a loss... when a major national publication like the New York Post publishes something along these lines, it’s enough to set off every alarm bell in my head...

🙂

Did you catch the distinction here? It wasn't journalists at the Post making these purchases—it was Paulson and Soros. 😂

That is a significant difference. 😍