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Re: DonsHub post# 24974

Wednesday, 04/09/2008 3:09:33 PM

Wednesday, April 09, 2008 3:09:33 PM

Post# of 25966
I can't say I agree with all that he says. Especially $GOLD being normal at 100-200 dollars an ounce or $ILVER at 3-7 dollars. I think those days in terms of Federal Reserve Notes are far long gone. And besides, $GOLD hasn't been 100-200 dollars since I've been alive, so I don't know how that can be "normal" especially with the printing presses going at full tilt contributing to 20%+++ inflation a year.

I liked the article because he made good points and was right when all this went down. Meanwhile establishment media like "Time" magazine had a cartoon character "middle-class" guy hugging his house at the peak. I respect people who think independently.

Who knows, he might be right to an extent on the $GOLD & $ILVER. My theory is that $GOLD & $ILVER will far outperform Federal Reserve Notes in terms of purchasing power. Just look at $GOLD or $ILVER vs. purchasing oil or gasoline since 2001 and the answer is very clear, you'd rather be buying that energy with metal$ and not bankrupted fiat.


HI-HO SILVER !!!

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