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Maddog, If Gold Goes Down, Everything Else Should Go Down

Posted by Mr.Copper @ 19:09 on July 29, 2018  

I remember 1970-1980 gold kept going up, $140-$800. If they didn’t stop it, everything would go up. Remember gold 1980 to 2001? $800 down to $250, and everything else went down with it.

Heating oil .42 cents, Copper .46 cents, Silver $4 I think, steel was so cheap that scrap steel we threw in the dumpster. Bush got in and put a tariff on steel and lumber. To get a higher price.

After that, they LOWERED the dollar for higher prices. 2001 to 2012-14? Gold was climbing 17% APY for 12 years. Up to $1900 was it? As the dollar was driven down to 72. $4.40 at the pump remember??

The people running things globally are going to have a lot of problems because globalization failing and causing all the populism and protectionism. Global “growth” probably peaked and going backwards, unwinding this mess is bigger that unwinding the feds B/S balance sheet.

No tree grows to the sky, and neither does a man made global economy. The whole system may have excess production capacity, and everything will get cheaper. Why do you think they keep military spending up?

Metals production may be similar to WW II times. Tanks aircraft ammo etc etc. Imaging a reversal in the dollar? A $1000 new Chevy? $1/hr average wage? A house $5000?

Hey Maddog

Posted by Buygold @ 14:40 on July 29, 2018  

Pretty sure all those trades will go great except for the gold trade. If they short they will be endlessly rewarded.

Nothing can go wrong, although I do think besides killing gov’t debt, the Fed rate hikes have killed the housing market here in the US

Five Star Movement Founder Grillo Makes Fresh Push for Euro Referendum

Posted by Maddog @ 14:14 on July 29, 2018  


Italy is heading for the exit…it is only a matter of time.

More from the What could possibly go wrong dept.

Posted by Maddog @ 13:51 on July 29, 2018  

Gold Shorts Explode; Specs Sell Vol, Bonds As “Winter In The Markets” Looms


Ipso 19:29

Posted by goldielocks @ 11:06 on July 29, 2018  

Some people shouldn’t have weapons, here and there who use it for the wrong reasons. I stead of putting a ban on us maybe we should put a ban on them.
You know the type, like big brother syndrome or ” Say hello to my little friend” although funny at the time in that case syndrome. The syndrome that uses their gun to say my way or no way to instead of solving things possibly peacefully , without one and the gun is only last resort in self defense. We’re even seeing that in media. Their real tough when their on the other side of the gun talking about Putin for instance. But if someone fires back like Mid East they buckle and start kissing their ask, inviting them in next. Real tough guys right, that cause trouble for everyone else. Go tell Putin this or that and that maybe thinking Putin wont do anything cuz their behind the gun. Their brain dead alter egos that never really involve them in reality caused a ongoing war in Mid East. Their alter ego in a war they never fight wants war so they can continue the tough guy delusion of grandeur image.
They should put this type of media at the front line of the fighting and make them stay there for a full tour of duty.

Rivers of Fire

Posted by Maya @ 5:47 on July 29, 2018  


Courtesy USGS. 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.