Commodities Forecasting for 2010.... Gold, Oil and ....... Lumber????

[medini2]

HI, can you tell me is these "smokers:..underwater mineral deposits are being used for their minerals? i have a difficult time trying to understand where are these chemicals in the chemtrails are coming . Florida is the only state that admits spraying. All others say they aren't but do. The air is regulated by the federal gov, so there is nothing we can do about it! Any thoughts on this? Minerals as a commodity?

[UnderseaCaveman]

The deep sea smokers are off limits to miners, but they demonstrate the mineralization potential in sea (minerals being everything from Oil to Gold, you name it in the mining world). Miners decided to stay off of them...

I am don't really buy off on "chemtrails", I know what "Contrails" are.... Chemtrails are kinda unnecessary with Satelltie Technology....just my humble opinion!

[medini2]

@UnderseaCaveman what is the relationship of a deep sea smoker to a asphalt or mud volacano?

[UnderseaCaveman]

Hey "407buddy",

I agree with on 90% of your statements....

But on "stay away from this scum"....

Golly, sounds like somebody took a "screwing" trying to trade Gold and Silver and is now licking wounds in the rear-view mirror.....

Sorry to hear that. You definitely should only stick to buying and holding.

[PorscheB06]

So far down do you think Gold and Silver will go in the current correction?

[UnderseaCaveman]

I would try to enter at 1085 or so....but who knows....it might bounce right back.

There's a report the Chinese are going to hold off buying, and that Barrick just closed their hedge books (3 million ounces)...so, they dried up as seller, and will add supply... so, first stop should be 1070-1085, if it breaks thru that next support 1030-1040...after that 950s is solid!!! Who KNOWS, who knows!!

[5starrater1]

I never thought of this before, thanks for your thoughts.

[UnderseaCaveman]

Cool!!

[johnnyLiberty1776]

Gold to hit $3,000 by this time next year!

if the dollar falls this hard, then imagine what the price of lumber will be.

great video USCM!

[UnderseaCaveman]

Johnny, Mahalo man....

...and how will lumber affect home building... haha.... there are too many already in the US... but will put a dampener on China's and India's quest for 1st World dwellings (construction costs rise).... just thinking!!

[odin422]

i really enjoyed the entirety of that vid.

well put together, got any gold or silver lately?

i got a 9oz piece of Chinese Bullion from like 1750 or something, it's pretty cool =-)

[UnderseaCaveman]

Thank you Odin,

I am gonna committ to begin buying physical gold and silver... yeah, they are cool things to have around (like coin or bullion).

[odin422]

ive gotten my silver at an average price of 14.50 an oz.

better hurry

[odin422]

lumber...you mean HEMP?? hehe

[UnderseaCaveman]

....HEMP.... I think that's a different market.. :)

Someday, there will be a HEMP index and fund....

[odin422]

here in Cali it is quite the investment

=-P