Two things. 1 forget the middleman seller for a minute. Why doesn't the owner wait longer to sell his gold at 5k in 3 years?
2. I hear tgat gold is getting filled in the inside w/tungsten so you can't be sure what you're getting anymore.3. Some day if gold is really worth allthat much and paper is shit, what's going to happen when the starving see you buy something w/gold? They are going to rob you or followyou home and take all your shit. Go around w/bodyguards?They'l lrip you off too
There isnt going to be hyperinflation. Weve had the biggest debt bubble and it is imploding. That is all deflationary. Just look at the dubai collapse last week. This is only the beginning. There will be a rush to dollars and it will collapse the markets in 2010. All these hyperinflationists are clueless. They forget that oil, natural gas, and pretty much all commodities have collapsed. Thats not hyperinflationary. If we were in hyperinflation, the dow would be at 200,000, not 40% off its high!
@30percentplusreturns Hey genius, is oil at 80 bucks a collapse? Copper at 3.25? Just because housing and comm RE collapse and you can't get a loan in 2013, doesn't mean that 30 Trillion in US debt and Fed bank guarantees won't drive up the cost of commodities when priced in USD. Commodities will talk, paper default currencies will walk! 30pointsIQ
I don't mean to sound bad, but being a white guy from the south, I never gave much thought to mixed race intimate relations until I started seeing women like this - geez-o-pete. Unfreakin' believable. Check Emily Chan on CNBC Hong Kong and Christine Tan - ugh. They got nothing on this info babe, though. Learning the mysteries of the Orient with her would be a life changing pleasure, I would wager. I bet she and her folks got a nice, little gold stash somewhere, too! What more could you ask?
Can someone tell me why any gold bullion dealer would want to short his gold out to you for shitty green soon to be toilet paper money?That math just doesn't add.
because bullion brokers make their cash by the actual transactions NOT the gold itself . they make cash when they buy(a low premuim to the private seller) and selling at a high premuim( sold to the buyer) . plus they buy millions in bullion
so they pay near spot . your logic could be said of oil or rice or any commodity; "why don't they just hold it then sell it high" answer is they need to generate revenew
Deflation is the temporary result of unwinding right now but if anyone thinks hyperinflation will not follow shortly...well, hope it works out for ya'.
Falling wages and deleveraging is a recipe for deflation, not hyper-inflation.
Besides, if you're planning for hyper-inflation you shouldn't be buying shinny gold trinkets with no little or no utility; you should be investing in a portfolio heavy in baked beans, guns and ammo.
U.S. gov has two options. 1) default its debt through non payment. 2) inflate its debt into oblivion. Either way the U.S. dollar is doomed. I just cant see any other outcome in the long run.
It's not just mortgages that would be paid off easily, it's the U.S. treasuries along with all the toxic waste created by the zombie banks. Not only that, but social security is about to go through the roof with retiring baby boomers and the U.S. govt has no plan in place to pay these recipients. By using hyperinflation as a strategy, they can fulfill their obligations at a cost of the U.S. dollar which is going down anyway, may as well go kamikaze style.
stop importing chinese crap thats the only way out
peppersdog1 1 year ago
its close to double right now, good call Mr Smith
Seano71 1 year ago
Great Video!
DeathOfTheDollar2010.blogspot.DotCom
BoobButterBrand 2 years ago
I totally agree w/no hyperinflation. All the warehoused goods on the planet will go at fire sale prices.
rrdrums110 2 years ago
Two things. 1 forget the middleman seller for a minute. Why doesn't the owner wait longer to sell his gold at 5k in 3 years?
2. I hear tgat gold is getting filled in the inside w/tungsten so you can't be sure what you're getting anymore.3. Some day if gold is really worth allthat much and paper is shit, what's going to happen when the starving see you buy something w/gold? They are going to rob you or followyou home and take all your shit. Go around w/bodyguards?They'l lrip you off too
rrdrums110 2 years ago
There isnt going to be hyperinflation. Weve had the biggest debt bubble and it is imploding. That is all deflationary. Just look at the dubai collapse last week. This is only the beginning. There will be a rush to dollars and it will collapse the markets in 2010. All these hyperinflationists are clueless. They forget that oil, natural gas, and pretty much all commodities have collapsed. Thats not hyperinflationary. If we were in hyperinflation, the dow would be at 200,000, not 40% off its high!
30percentplusreturns 2 years ago
You're a fraud, 30percentplusreturns.
ExquisiteDoom 2 years ago 3
@30percentplusreturns Hey genius, is oil at 80 bucks a collapse? Copper at 3.25? Just because housing and comm RE collapse and you can't get a loan in 2013, doesn't mean that 30 Trillion in US debt and Fed bank guarantees won't drive up the cost of commodities when priced in USD. Commodities will talk, paper default currencies will walk! 30pointsIQ
GojiPug 1 year ago
I am liking the hostess. How do I see more of her?
gundaetiapo 2 years ago
Singapore is full of Chinese-Malay-Thai mixed ladies like that!
GojiPug 2 years ago
I don't mean to sound bad, but being a white guy from the south, I never gave much thought to mixed race intimate relations until I started seeing women like this - geez-o-pete. Unfreakin' believable. Check Emily Chan on CNBC Hong Kong and Christine Tan - ugh. They got nothing on this info babe, though. Learning the mysteries of the Orient with her would be a life changing pleasure, I would wager. I bet she and her folks got a nice, little gold stash somewhere, too! What more could you ask?
teller121 1 year ago
The govt can print all of the money they want, but if people keep losing their job and going bankrupt, the money will never get into the system.
30percentplusreturns 2 years ago
Can someone tell me why any gold bullion dealer would want to short his gold out to you for shitty green soon to be toilet paper money?That math just doesn't add.
rrdrums110 2 years ago
they must already have stored their share of gold
ari1989 2 years ago
because bullion brokers make their cash by the actual transactions NOT the gold itself . they make cash when they buy(a low premuim to the private seller) and selling at a high premuim( sold to the buyer) . plus they buy millions in bullion
so they pay near spot . your logic could be said of oil or rice or any commodity; "why don't they just hold it then sell it high" answer is they need to generate revenew
crabtrap 2 years ago
Smart guy.
svenp 2 years ago
This has been flagged as spam show
looking to buy gold, but can't get it from the bank. Just type this number 140303370268 at ebay,com
simontimon2 2 years ago
looking to buy gold, but can't get it from the bank. Just type this number 140303370268 at ebay,com
simontimon2 2 years ago
that seller is a scam
crabtrap 2 years ago
This comment has received too many negative votes show
That asian girl need my dick in her mouth
JurkoffJay 2 years ago
Deflation is the temporary result of unwinding right now but if anyone thinks hyperinflation will not follow shortly...well, hope it works out for ya'.
truthtuube 3 years ago 6
tell them
nuprincenj 2 years ago
Falling wages and deleveraging is a recipe for deflation, not hyper-inflation.
Besides, if you're planning for hyper-inflation you shouldn't be buying shinny gold trinkets with no little or no utility; you should be investing in a portfolio heavy in baked beans, guns and ammo.
soylentgreenb 3 years ago
you really have no idea of what you speak ,do you .
crabtrap 2 years ago
algo trades
xavster 3 years ago
Comment removed
marky1333 3 years ago
Comment removed
marky1333 3 years ago
interesting point
MayadaJeffery 3 years ago
Thanks :}
marky1333 3 years ago
U.S. gov has two options. 1) default its debt through non payment. 2) inflate its debt into oblivion. Either way the U.S. dollar is doomed. I just cant see any other outcome in the long run.
julianscottsounds 3 years ago 6
It's not just mortgages that would be paid off easily, it's the U.S. treasuries along with all the toxic waste created by the zombie banks. Not only that, but social security is about to go through the roof with retiring baby boomers and the U.S. govt has no plan in place to pay these recipients. By using hyperinflation as a strategy, they can fulfill their obligations at a cost of the U.S. dollar which is going down anyway, may as well go kamikaze style.
ddubrul 3 years ago
This comment has received too many negative votes show
Wish i had enough space to explain but we wont be seeing hyper-inflation, the notion that we will is ludicrous.
marky1333 3 years ago
give it a shot. explain..
wait887 3 years ago
well it's been 10 months since you posted and we are starting to see inflation
(gold $1130 oz) and in about 3-4 years it will start to go hyper
crabtrap 2 years ago
His two funds are doing great lately.
pismo10 3 years ago