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Old 12-17-2010, 05:21 PM   #51
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Old 12-17-2010, 05:37 PM   #52
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Originally Posted by Big Ben View Post
You have to factor into the equation other indexes in order to get the more accurate picture of where the things are going to move.
Please explain what you mean. What other indexes?

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Only the people that have the inside knowledge, research institutes, etc. have the ability to predicts where the trend is going to move. I know of one guy, his name is Port Stanberry, hes a director of a financial research firm. When the price of gold was $500 he said it would reach $2000. Everyone ridiculed and laughed at him saying what a crack pot. Now the price is $1400 and 2k doesn't seem too far fetched now. Isn't it?
Like you? Do you have any thoughts of your own or do you always appeal to other "authorities"? I've never heard of Port Cranberry, not that that means anything.

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Gold price is easy to estimate and it's based on how much money the fed is going to print. Now this guy says that the price of gold is going to have to reach 10k to only balance itself for the money the fed already printed.
Thanks for the sell signal.

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Now it's without taking into account what the fed is going to do next. Now they plan QE2 (quantitative easing 2), what simply means that they going to print another round of money from the air.
QE2 already happened, moron. The FED bought 600b T-bonds. And it doesn't mean what you think it means. What's that you say about financial education?



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Now if the fed is going to continue with the same politics of money supply increase. What we can actually see is the gold jumping to 20k, 40, 50k it's a real possibility in that situation. This only depends on how much times they are going to press the 0 number after the 1 when they decide on the sum of liquidity to add to the economy.
Gold going to $20-50k an ounce? Now I've heard some crazy shit, but this takes the cake.

Quote:
You can watch Port Stanberry's latest presentation about what is going to happen here:
http://www.endofamerica3.com
he mainly talks about the fact of US dollar being a reserve currency of the world and what will it mean when US loose that status. Only this one thing will cause a total shake up in the financial affairs in the United States.
If I wanted to be bukkakeed with idiocy, I'd click the link. Thanks, but no thanks.

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Not directed against you personally but I hate when people assume a lazy pose with their head in the sand and start to shoot accusations from their butt in every direction without even a simple basis for their argument's. This indicates of a massive ignorance.
Were you looking in the mirror when you said this?
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Last edited by wig; 12-17-2010 at 05:41 PM..
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Old 12-18-2010, 04:35 AM   #53
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Originally Posted by wig View Post
If I wanted to be bukkakeed with idiocy, I'd click the link. Thanks, but no thanks.
If there was a prize for best insult of the week I think you'd be winning it
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Old 12-18-2010, 04:43 AM   #54
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Comments on gfy are always more educational than any video. I didn't click it btw.
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Old 12-18-2010, 06:32 AM   #55
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Now what a bonanza.. You know to put a name with the word scam into google.. uh no!! what I'm gonna do now that you caught me with the hand in the cookie jar
Well, I didn't catch your hand in any jar. I posted links to lots of people saying the person you are recommending scammed them.

I hope the difference is clear.

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Now go click the link you posted and click on all the links you see on the page and then watch them. All of the people actually recommend Mike Dillard as a legit guy...no? what now? Didn't you made a of yourself?
Oh right. So because the scammer has put some made up testimonials on his website, that somehow cancels out the real people complaining about him?

Where did you get the koolaid you're suppin'? I want some!
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Old 12-18-2010, 10:50 AM   #56
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You are wrong. you need to learn history. Metals grow in price proportionally to how much money is being printed and the purchasing power is preserved at the same level while all of the rest who hold currency get totally robbed.

Simple example:
If someone had 100k in retirement funds ten years ago and bought at them gold at 300$ an ounce he could buy 330 ounces. Today it's worth $330x1380=$455,400. Now all the brainwashed people here and the majority of the herd on this board held their money in paper, pension funds, 401k and lost 30-40% of their sum during the last couple of years. Now they have much less then before. Bullshit? Did you watch this?

The 401k Fallout
http://www.cbsnews.com/video/watch/?...ag=mncol;lst;2

Now the level of ignorance here is just astounding. You can laugh at the messenger, call names and whatever.. Instead of addressing the substance you decide to attack me personally. It's just pathetic.

Wait wait wait wait.

So, your magic get rich scheme example is turning $100k into $450k over the course of TEN YEARS? What is that, like a 15-16% gain per year? That's good, but it's not holy shit jump on the bandwagon shit your pants straight from god's lips good.

I gotta say though I do love when people get sucked into these scams and think it's the be all end all and go around promoting it wholeheartedly and don't listen to reason. Couple months or years from now it's going to be like a bad hangover when they realize what a complete ass they made of themselves the night before.
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Old 12-18-2010, 02:34 PM   #57
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Originally Posted by wig View Post
And what if you start your history lesson in 1980? How does your "Simple Example" work out then?

Anybody can pick arbitrary dates... Would you find it compelling replaced your dates of 2000 and 2010 with 1980 and 1990?

And finally, you have to exit the trade before you will even have a "trading" point to be made.

I'll agree with you on one thing, the level of ignorance is astounding.
I thought you actually wanted to discuss like a civilized person. But then later you hit with insults and the rest of the crap you wrote. Then you ask questions and expect to get an answer.

How infinitely stupid someone have to be to actually choose this approach?
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Old 12-18-2010, 02:44 PM   #58
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....I posted links to lots of people saying the person you are recommending scammed them.
You posted a google search link. On that search page when you click the results and watch the videos the people recommend not complain. Sorry to disappoint you.
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Originally Posted by DamianJ View Post
Oh right. So because the scammer has put some made up testimonials on his website, that somehow cancels out the real people complaining about him?
The links on the search results page are from different sites, not Mike Dillard site.
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Where did you get the koolaid you're suppin'? I want some!
I should ask you this with only one difference that I don't want some...
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