OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Pandelis  SilverDoctors Sat, 03/31/2018 – 14:41  Permalink

Years of pain during the transition seems right to me. Will gold go higher? I suppose if the USD weakens as it should, like you mention.

Big question is if war comes first.

Some chatter at SD Bullion about the Russians introducing a silver ruble.

All I know is that the first country to back their currency with gold or silver wins.

Course that implies the assumption that not all countries and their Zionist owned Central Banks aren’t in on the charade…

There it is….   the death of the dollar.  The Petro-Yuan will become the most sought after and become the new reserve currency for global trade.  They will starve the dollar beast in time, and that will be the end of the Empire.   What will it do for gold?   Whatever the Chinese want gold to do!  Gold will become denominated in Yuan rather than dollars.  As the dollar becomes worthless, the dollar price of gold will soar… but no one will want dollars.  Yuan for Gold, only.

This will take a few years, and a lot of struggle.  The death throes of the Empire will be horrible and will bring the US to war in a few years.  After that…. will there be any pieces to pick up?

Physical gold & silver in your hands will be the only store of value through the harder times to come.

In Unprecedented Move, China Plans To Pay For Oil Imports With Yuan Instead Of Dollars

A change in the default crude oil transactional currency – which for decades has been the “Petrodollar”, blessing the US with global reserve currency status – would have monumental consequences for capital allocations and trade flows.

sets the GOALS at 2 % for inflation ,than they keep moving the GOAL POSTS during the Game with their interest rates to suit their friends…it makes for an !interesting Game if it were FOOTBALL…!

a new car sold for $100 by a distressed seller who probably paid $500 for it,in todays currency Ratio that car sells for $35000,look at that ratio !Using the same ratio Gold should be at 12,250 as it was $35 at that time.

So it seems Dow could drop to 2600…that would be depression levels  factors of 10 x.Its all happened before !

I removed part of the post because Gold was FIXED for part of the time artificially and probably was a cause of the depression extending for so long.NOT pricing Gold freely kept us in the Depression because the Bankers wanted the Dollar to be as good as Gold ..they got what they wanted !  We did not need to go through all that misery if they priced Gold properly .Everything is measured relatively to Gold so we ended in a prolonged depression because they fixed Gold at $35.00  ,a terrible mistake.!They are doing the same mistake now ,they wont admit holding Gold at $1350 is a mistake ,but they cant seem to get out of RECESSIONS …They find it impossible to inflate ,I wonder why ?   Could it be everything is priced RELATIVE to Gold ?   Dumb bastards…Let Gold rise 3% a year and you get 3% inflation  ..What part dont they understand ?

Thats why 5% interest rates will drop the economy into recessions ….somebody gets screwed in that zero sum game..If 2 % inflation is your goal ,let Gold rise 2% per year and keep Int Rates at 2-3 %  to regulate.

Fire the Treasury Secretary and the Federal Reserve let a computer regulate it…

used to talk about the DOW -GOLD ratio and I think he was exactly correct…for the dow to drop and Gold to rise where the Ratio is 1-1  ,the Dow may drop 4000 points from here or Gold may rise $4000 from here  or combinations thereof..The current gap is about 8000 points…The GAP will close…but which side gains and which side drops and by how much is the question ….Since GOLD is near bottom and DOW is near top ,how the distribution takes place depends on who screams with the most PAIN…Then theres the possibility of exceeding the current ratio and FLIP over completely  !  and have Gold at 26,000 and dow at 1200   o dear what then….?

I think Gold Stocks go HIGHER,,,Gold Bullion never crashed like the stocks did,so stocks is where the action is ..Bullion may rise with the dollar ,I think they are joined at the hip….The yuan is joined with Bullion also..we may have a de facto GOLD STANDARD already ..! with currencys US,JAPAN,China.Thats going to keep inflation down via a series of mini recessions..controlled by the COST of money not the quantity.Those without any quantity of money will get whip sawed and always chasing rates up,then down,up,then down..mistakes in timing will crush them.

The gap between $GOLD and currencies is very small  JAPAN gap is 5%,$usd,12%,CHINA gap is zero,Russia gap is zero…we are already on Gold standard with some countries …

The gap between bullion and US gold stocks is about 30 % and that will probably close by August…

Each stock has its own RATIO with GOLD some are 10-1 some 20-1,some 5-1 ,some 1000 to 1 and thats where the traders make money ..the % gains will be greatest where the risk is greatest .I measure each stock with its ratio to Gold and a pattern emerges thats helps define when each stock bottoms and tops relative to GOLD .and thats very valuable with the TIMING …They dont all rise & fall together !

JIM ROGERS EXCLUSIVE: Sub $1000 Gold Coming

I wouldn’t worry about that too much–gold sentiment is as washed out as could be–it’s been that way for 7 yrs–in the fall of 2015 there were calls for 800-900 gold by many letter writers and gold pundits-they said there had to be a “come to Jesus” moment for the diehard gold bugs–to really crush their spirit…it never happened-and gold took off-with NO ONE on board…and every one in disbelief…CDE went from 1.56 to $15…gold is not going down to 1250 or 1200 or 1100…the floor is in…we just will have to wait for the upside mo-mo to start.