Here we go people> Dollar Sliding NOW! Gold and Silver Way UP!
Well, after all of the preaching by the talking heads on TV...the economy is fine, looks like everything is speeding up today.
The dollar at 73.83 Lowest Ever
Gold at $966 Highest Ever
Silver at $19.60 Highest (Since 1980)
Oil strong over $100 Highest ever
Wheat and Corn have more than doubled in price.
The Euro almost at $1.52 today.
The Canadian Dollar worth more than ours.
This is amazing and scary both at the same time. I am not a doomsday person, but after reading all of the thoughts here on Dailypaul in other threads, I do feel some incredible advice is here. Go back to the older threads and read and read.
Get out of Debt, Make sure you have ample food and water stored in your house, and buy gold and silver, as much as you can. And by all means, make sure your investments are out of the US Dollar.
I hope everyone was able to listen to RP yesterday talking to Helicopter Ben, and listen to Bens responses. Very important. It is all happening right in front of us.
Update Silver just hit $19.80 up 20 cents more just while I was typing this. Hmmm?
Lordy...It just keeps getting better doesn't it?
Maybe the trolls will fade away soon.
thank you for putting these figures up
for us,,,,gosh , this is all so frightening but people need to see in black and white the reality of our situtation right now....very good post, fully expect to see "betterhalf" ( our newest naysayer troll since i outed mayberry) , thats always an indication you posted something of worth here,,,keep up the good work..........
But wait that can't be happening
because Bernanke told Congress this morning that the nation "is not anywhere near" the dangerous stagflation situation that prevailed in the 1970's. I guess more people can go back to sleep so more of their stocks can be ripped off, and dollar devalued. Excuse me while I go buy some more silver.
Wow
The dollar just passed 73.66 on the index. It is going down fast today...even as we type.
Lowest
That it's ever been since the index started in 1973.
blah.
And 1.5228 Euro at 1:17(est)
~Live life to its fullest, with an open heart, open arms and most important... an open mind~
For those who don't know...
That is a 0.78% drop for the day -- rather significant. If you want to track the value of the dollar on stock tracking software, try DXY or DX-Y.NYB.
Here is the page
For you people just getting started....open an account at APMEX (FREE) and look at this page. You can start out small with the 90% silver coins.
http://www.apmex.com/Category/17/90_Silver_Coins_Rolls__Bags...
Under $15 for $1 face value in silver coins. Whatever amount you can afford....this is the least expensive way to start tucking it away, and trade those worthless Federal Reserve notes for real money!
Also, you can refresh the page on Apmex....and watch the price go up and down on everything. A very cool site that is linked to the live silver and gold price. You decide when to get in. Be careful though...Apmex does not allow you to keep locking up silver and then wait for a lower price. You have like 10 minutes to commit or cancel. Just do it. With the price of silver expected to go to $50 an ounce and beyond...don't worry about the pennies.
You actually get the coins
and have them in your possession? I hear that is what you want to do.
"Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost."
John Quincy Adams
Yes
When you purchase gold or silver from APMEX, they send the coins to your home. They usually arrive within a week (depending on your method of payment).
Disclaimer: I am not associated with APMEX in any way, but I am a satisfied and repeat customer.
Sorry to be a pest
but I am new to all this, they certify the coins regarding amount of silver or gold in them? (I assume they are not pure silver if they are called 90% silver coins)
"Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost."
John Quincy Adams
Depends
If you buy 90% silver coins, they are pre-1965 US dimes, quarters, and half dollars. So they are pretty well accepted to contain the amount of silver the mint said they put in them.
They also sell pure silver bullion (coins and bars).
And they
Arrive in an unmarked box, insured, and you have to sign for it! Very secure.
GOLD AND SILVER COINS CAN
be brought directly from the US mint on line no? Recommended?
"Always vote for principle, though you may vote alone, and you may cherish the sweetest reflection that your vote is never lost."
John Quincy Adams
They are too much money from the mint.
I get mine here
www.apmex.com
Silver eagles
Agreed
APMEX has a great site for buying silver and gold, especially if you want to buy 90% silver coins. They have been responsive for me, and I have had no problem ordering from them whatsoever. Their prices are competitive. Highly recommended.
Economy woes
Interesting observations on here about business dropping. I've also noticed that smaller delivery amounts are on the petrol (gas) pumps at service stations. Folk are not filling up as much as putting just a few quid in. Gas is approx $10 gallon in UK.
'I always think of all you canvassors and precinct leaders at the front line.
Good luck out there &Thank you. It's appreciated'.-fip -U.K
'I always thank of all you canvassors and precinct leaders and delegates who were at the front line and caucuses.
Good luck out there &Thank you. You're a gift.
Euro ticked at 1.52 (9:00 ET)
watching to see how strong the resistance is there.
For the most part you are right
but silver's all-time high was in 1980, around $21.00/oz. Of course, by the time I post this, it may get there. Remember, silver and gold are not to be viewed as investments. They are a way to protect savings from currency and credit manipulations, nothing more, nothing less.
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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Adjust silver price for inflation
And you will see that Silver has is not yet near it's all time high, not sure what the inflation-adjusted silver price per ounce is, but googling can help. Just figure out how much inflation has occurred since 1980 and multiply by that factor?
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RON PAUL 2012
Thanks for the correction
Now reads Highest it has been since 1980....
Clear Buy Signal
This past week Greenspan, in speaking before an investment group in London, said that he recommended the oil exporting countries decouple the price of oil from the USD. Buy the gold and silver metals - take physical delivery. I have a second confirmation. I have been trading the two metals for 25 years and notice the financially well off people buy on the way up and up and the smaller investor sells way to soon. I am seeing this already. Buy the precious metals.
jimt
During the S&L
During the S&L crisis/scandle over 1000 banks/institutions went belly up. The FDIC just re hired 25 retired bank closure experts. Think they know something?
I believe that banking institutions are more dangerous to our liberties than standing armies.The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Thomas Jefferson
“It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds”
-Sam Adams
My father took someone to
My father took someone to catch a flight two days ago. That flight and another one heard over the loudspeaker were overbooked. The airplane had mechanical trouble and there were not enough flight attendants for the plane. The flight scheduled to leave at 10am did not leave until 4:30pm on a replacement plane. This was Delta airlines at Los Angeles International airport (LAX). He also says the airport was a skeleton - not many people flying. He also had to take something back to Macy's the other day, on a Friday (a payday!), and said that the workers were just standing around - no one shopping. He sees what I've been telling him is true.
I own an Electronics business
We have witnessed the same thing. Also, when people do buy something, for the first time ever, I am seeing people break up the purchase on 2 or 3 credit cards to make a $300 purchase. $100 on each. This is getting really weird!
You know I was all
upset for so long about this stuff now its like let's get it over with. They have their agenda, I'm like sc@#$ them I'm going to wash my floors.
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
Anyone know about this?!
A speaker at a convention I attended last week said that the world bank is going to sell off some gold around April 1st to bring the price of gold down. So people will dump their gold and the Fed can buy it up.
I don't pay attention to specifics, but this guy does!
It's actually the IMF
which, as my friend paul4won points out, does not but could easily stand for "illuminati mother f*****s". lol
they have been pulling this
they have been pulling this tactic for years... it may well go down 50 bucks or so then a week later its above where they sold it.. DON'T BELEIVE THEM! and whats funny..... the gold was never sold or changed hands!
“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)
Hey McCain-----┌П┐(◣_◢)┌П┐
YES
The strong controllers of silver and gold have been trying to keep the price down for a long time. They will announce this stuff, and it never happens. Or if it did happen, the price would dip down a bit, and then all of that gold is gone, and now the country dumping it has no more power over the market. They know exactly what they are trying to do. Buy, Buy, Buy...and when the price goes down, buy more, and as the price goes up, Buy. Gold is nowhere near its record high of $2300 (inflation adjusted price). I do believe it will go to this price and far beyond as all of this credit mess plays itself out.
Read this just out.....Think About this comment!
"While he downplayed concerns that the U.S. economy might be in the grip of stagflation, a combination of low growth and inflation, Bernanke said there would likely be some bank failures, though not large firms."
I pulled all of my extra cash out of my bank about 6 months ago, and it was not easy. If you have some extra cash sitting in the bank, it may be wise to pull it out. It took me over 7 days to get my money out, because my bank has a $3000 a day limit unless you "schedule" a withdrawal. I did not want to be caught in any funny business. My bank seems strong, but I got a weird feeling when they told me I could not take out my money because they did not have it on hand.
Article here
http://www.marketwatch.com/news/story/gold-futures-edge-up-d...