If the Stocks Crash, What is next for Silver and Gold?

[jayorama1]

So markets respond to supply and demand? Wow. He described his comments about a possible market crash at year end as a "calculated prediction." No, it's just a prediction. You can't calculate a prediction without variables in a data set. He then said it was a "calculated guess for the best possible knowledge that you know at the time." Ouuuuch! Take my advice, folks. Prepare for a deflationary spiral to destroy both stocks AND commodity prices. If gold spikes, you won't get out in time.

[herbs814]

Silver, more than gold, is correlated to economic activity since it is an industrial metal. When stocks fall on anticipation of economic stagnation, that is also bearish for silver.

[bluehorse888]

I think I agre with you there, but paradoxically I think that is also the time when you should buy silver - in preparation for inflation/stagflation.

[plalelal]

Silver is at $12.85/oz now

[Mr1openmind]

ETF's MAY become dangerous ways of playing Gold and Silver.  Many wiser than I have said that as history repeats Gold confiscation may just be the ETF's or 401k's....time will tell.

[herbs814]

Kal Gronvall on 321gold . com reports (aug 28 2009) that gold confiscation may come in the form of harmless-looking gold parties, where they would be willing to pay handsomely for your gold (~1335/oz). once they collect enough gold from the people, they let the price soar to a more natural level (~2500/oz).

search for an article "vital signs and the fix"

[davincij15]

why September - October?  The market always tanks then does it not?

So wouldn't it tank with the dollar tanking next month and the raiding of the COMEX gold and silver?

[endlessmountain]

that is why sept/oct is favored. My instinct is saying a little later and maybe even on Chrstmas Day (Well, Nov-Feb I am thinking)

This a when and not an if. Whens are hard to figure out sometimes.

[davincij15]

I think you might be right LEAP 20/20 is saying December it's game over.

[martialarm]

I noticed when you picked up your silver you nearly went to kiss it but changed your mind...

Am I right?

at 2.07

[rainstormaeroponics]

gold is 974

silver 15.51

us dollar index is 79.675

:)

[martialarm]

hey dude you are all over youtube :)

[rainstormaeroponics]

:) well ya know from Pendulum

I just wonder what weve gotten our selves into

In a trail of fire I know we will be free again

In the end we will be one:)

[clearasvodka]

Yes. There is a spot price but the outlook is so rosy for silver and gold that you will soon be able to ask for nearly any premium on the metal. This is due to the expectation that the spot price will most certainly rise. Also the expectation that the dollar will certainly lower in value along with the supply for silver and gold becoming a real issue. Nothing is out of the question when it comes to metals right now...

[huskie767]

silver at $240/oz???

[Stealth0031]

Barring any major manipulation on the comex (insert laugh here), it will be different this time. The gold/silver demand is not only higher, but many more customers have been created over the last year and most of us have learned (I hope) much over these crazy times. Going up.

Great vid!

William

[PREPAREORSUFFER]

another great video derek !

[OpenMind00]

If Inflation is a problem, why are Agriculture funds not moving very high?

RJA DBA etc

[endlessmountain]

DBA is up 15% over the last month and is starting to break out in a bullish pattern.

However, the best answer I can give is that they have been suppressed down from those who control the system. I like the DBA fund (do not know RJA well) for it to go higher.

i do expect a food shortage, and this would bring it really higher. Food inflation should also.

Can they suppress it more? I do not know that answer.

[AllahConsciousness]

If the stock market doesn't crash in at least mid 2010, I'll be amazed and will start thinking that we somehow avoided the depression that was coming our way. This is highly unlikely in my opinion though.

[OpenMind00]

RJA is Jim ROgers Agriculture COmmodities Index. Its about 60% corn, wheat cotton, soy, oats?  something like that. Plus a load of others. Its more diversified than DBA which is only 4 Agric COmmodities

[Cjmdgk]

Can anyone get better then 17.30us /oz?

[neechee1]

There's an alternative to going to the coin dealer for physical metal.You can buy non-allocated gold and silver through the Central Fund of Canada and the Central Gold Tust. These are not ETF's but real gold and silver stored in a bank vault and audited regularly. Central Fund is 50%Gold and 50%Silver. Central Gold Trust is just gold. All you need is a brokerage account. Central Fund is CEF in New York and CEF.A in Canada. Central Gold Trust is GTU in New York and GTU.U in Canada.

[mitchee009]

Dow went up 103 points today? and on what more bad news about the Mortgage crisis spreading into the Commercial real estate market? and now effecting the more "credit worthy".

Frightening.... Next the Dow will surge 300 points on The News that Santa Claus is coming to town!

God bless,

mitch

[mitchee009]

Hi Derek,

With the Collapse of the Chinese Communist Party; that has tyrannically ruled China for the last 50+ years, subsequently the Chinese Economy will imminently collapse as well.

It is not a matter of If but just a matter of When. Please consider watching the videos below, for your insight brother:

1) A Decade of Courage - The Protest that Changed China watch?v=j3t0zsc0D6w

2a) watch?v=GLP38ECI_Xk

2b) watch?v=ogC6wwTEKI0

3)Fortelling China's Future: watch?v=s8oaUepvc70

[marcopiero]

luv your videos. Same city by the way (downtown To here).

I've been in gold for months and when the markets started tumbling down, they dragged everything. I think that will happen again....at least on the miners side. Probably the bullion will not feel the same pain due to the currency crisis going on. But if we see some major selloffs lik ewe had in Sept and Oct, I'm running to the fences or loading on short etfs.

all this is ridiculous. I'm better off goin to the beach and getting drunk!

[dgmoocher]

I see 3 possible scenarios. One, the elite crash the money system, then the gold/silver system, they're in control. Two, the elite are flawed in some way and are overcome, the money system crashes, silver/gold create massive wealth transfer. Still, chaos. Three, we continue to invent ways to prop up the unpropable phony economy, silver/gold go down... I lose my shirt(!).

[SupportingMyself]

Gold or Silver won't fall too much. The elites will try and keep those two up as high as possible unless the rest that will fall.

[endlessmountain]

i see the elites trying to supress gold and silver lower; however i think the new world order will be defeated.

In other words, they can't do it forever

[SupportingMyself]

You really have to look at the perspective of the Book of Revelations. Most of this stuff it predicted is happening. It will not be stopped. After all Bilderberg is wanting to get rid of 2/3 of the "dumb people" who aren't bloodlines.

[solojam]

they will do it with "natural" disasters and terrorists attacks, its already started

[OpenMind00]

They will probably washed out Gold and Silver again. Another hammer down before we head higher.