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Editorial
See other Editorial Articles

Title: Looks Like A Stock Market Crash This AM
Source: [None]
URL Source: [None]
Published: Mar 5, 2007
Author: me
Post Date: 2007-03-05 09:31:10 by tom007
Keywords: None
Views: 325
Comments: 17

Just my observation - all red on the screen.

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 15.

#1. To: All (#0)

That would be a "Stock Market Crash".

tom007  posted on  2007-03-05   9:32:35 ET  Reply   Untrace   Trace   Private Reply  


#2. To: tom007 (#1)

The PM's are certainly getting hammered...

Lod  posted on  2007-03-05   9:44:51 ET  Reply   Untrace   Trace   Private Reply  


#3. To: lodwick (#2) (Edited)

The PM's are certainly getting hammered...

Good time to buy silver. Wish I had $12k lying around right now to sink into it. Come to think of it, if I did have that kind of cash, I would be buying some Liberty Dollars. ;0)

BTP Holdings  posted on  2007-03-05   10:22:22 ET  Reply   Untrace   Trace   Private Reply  


#5. To: BTP Holdings. all (#3)

Gold: $640.00 | Silver: $12.66

Maybe the insanity has stopped.

Lod  posted on  2007-03-05   10:26:33 ET  Reply   Untrace   Trace   Private Reply  


#15. To: lodwick, BTP Holdings, Tom 007 (#5)

Gold: $640.00 | Silver: $12.66

Maybe the insanity has stopped.

Here's the one that matters:

USD 84.07 +0.43

The Plunge Protection Team is working overtime...

Gold and silver prices are as manipulated as anything else in the markets. As long as the Fed keeps the printing presses running, they can keep the scheme going for a good while longer. BUT sooner or later - it WILL come crashing down. That's when gold, silver, and tangibles will be the ticket - ESPECIALLY FOOD.

Having said that, BTP is right - I'd be getting more silver now with all the spare change I had. BAD time to get gold though, the gold/silver ratio is a little over 50:1 You want to wait to get the gold when that ratio is closer to 20:1

Here's how you make a fortune... The "natural" gold to silver balance is 16:1 (based upon the fact that there is 1 oz of gold in the earth for every 16 ozs of silver). So you take your gold to the bullion dealer when the g/s ratio is very high (like now - History's record spread is 100:1 on the high side, and 10:1 on the low) and trade it all in for silver. Then a few years later when the spread goes back towards the "norm" you take all your silver back to the dealer and trade it for gold...

If you took 10 ozs of gold down right now you'd get 500 ozs of silver. Then when the ratio hits 20:1 you take those 500 ozs down and you'll get back 25 ozs of gold.... Play that seesaw for say 40 years and you'll have amassed quite a fortune. AND the real beauty??? You're NOT dealing in paper currencies or FRNs and therefore it isn't subject to taxation!!!

innieway  posted on  2007-03-05   11:09:19 ET  Reply   Untrace   Trace   Private Reply  


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