Check out the TB2K CHATROOM, open 24/7               Configuring Your Preferences for OPTIMAL Viewing
  To access our Email server, CLICK HERE

  If you are unfamiliar with the Guidelines for Posting on TB2K please read them.      ** LINKS PAGE **



*** Help Support TB2K ***
via mail, at TB2K Fund, P.O. Box 24, Coupland, TX, 78615
or


CRISIS Jim Willie...eye-opening projections of gold and silver
+ Reply to Thread
Results 1 to 31 of 31
  1. #1
    Join Date
    Nov 2007
    Location
    NE Georgia Mtns
    Posts
    4,227

    Jim Willie...eye-opening projections of gold and silver

    This was posted at another forum, taken from Willie's private site:

    GIVEN THAT THE BREAKDOWN IS IN A STRONG MIDDLE GEAR, NUMEROUS MESSAGES HAVE COME FROM MY BEST SOURCE OF INFORMATION. HE HAS STRONG TIES TO THE GOLD MARKET AND THE EUROPEAN BANKING WORLD. HIS OPINIONS ARE MANY AND VERY ENLIGHTENING. NOT ONE OF HIS INSIGHTS ON MAJOR EVENTS HAS BEEN FOUND TO BE ERRANT IN FOUR YEARS. IN 2010 HE EXPECTED THE BREAKDOWN TO COME AND TO GATHER GREAT SPEED, BUT NOT FOR A COUPLE YEARS. THAT IS NOW. HE MENTIONED THAT IN MAY, A GREAT WRENCH HAD BEEN TOSSED INTO THE JPMORGAN MACHINERY THAT WOULD LEAD TO A COLLAPSE OF THE USTBOND AND ITS DERIVATIVE BUTTRESS. THE EVENTS CONTINUE. HERE ARE SOME KEY ITEMS TO HIS MESSAGES, ORGANIZED BY THEME, HIS THOUGHTS, HIS WORDS, MINOR EDITS PLACED TO FLOW WELL.

    A Paradigm Shift is in progress that defies perception in established ways. The bankers who wrecked the system by opposing the free markets falsely thought they would always be in control. Wrong! The bank rescues to date are like a big bucket to scoop water out of the Titanic flooded lower chambers, a futile exercise. The events to date have ripped out the entire bottom hull from the financial market, keeping the analog. The only lifeboats have labels that indicate hard assets, the self-re-pricing assets such as precious metal, valuable commodities, agro/forestry/fishery and essential commercial real estate, all located in non over-regulated and confiscatory jurisdictions in the West. The Hong Kong territory is one of the safest places to store your assets. A total collapse is urgently needed, to remove from power the few who rig the system for their advantage. The implosion is already happening but not yet seen by the general public. An event driven scenario is in progress, but it is anyoneís guess what will trigger the final outcome. The infighting at the round table at the very top already draws blood. Precious metal and agricultural assets are key to survival.

    Hardly any investment grade Gold remains available in larger quantities. Good quantities are left at Scotiabank in Toronto, which is a sitting duck that can be drained only during the final act. Persian Gold is being reprocessed in very large quantities in Turkey, given new markings, then sold to major buyers in Asia and the Middle East. The Swiss depositories are mostly cleaned out except for segregated vaults where governments are holding substantial quantities. However, no one trusts the Swiss banks any longer and those depositories will soon be cleaned out. In just 20 to 25 years, the Swiss have lost their historical and coveted integrity. Depending on the situation of the seller, premiums are being paid but some closings are done at spot prices. The physical metal will survive and rule royally, whereas all paper will decay and blow away. We are indeed entering a golden age.

    The Euro currency is dead and so is the USDollar. The Euro is running on fumes, while the USDollar enjoys a erection in the morgue. We are at the end of an era, just like when the Iron Curtain fell with an event of smaller scale. The European deal making is absurd theater, where all that ever comes from Brussels summits is well fed and well liquored participants coming out of luxury dining rooms. We shall see precious metal prices in todayís US$ terms go through the roof not before long. Silver will rise to $500 per oz and Gold to $10,000 per oz. These could be conservative projections. The means to control the precious metals prices is gradually disappearing with their forfeited metal. A critical point will be soon reached where the cartel can no longer control the price. The stage they stand on will not tilt, but rather collapse from a lost foundation used to manipulate prices. On the other hand, crude oil could be on its way to $50 per barrel. The big oil producers are already sweating blood and shitting bricks. As mentioned previously, Germany, Holland, Finland, and Austria are the nations calling the shots in a well choreographed sequence whose outcome was agreed upon in April 2010. The events are happening as planned.

    My line of query was directed at the Evil Camp to unleash a new chapter nightmare, not to permit white light, fresh breeze, and cleanup to come so neatly. My suspicion is that the Boyz will attempt to destroy much of the world, rather than turn over control and face criminal prosecution, or endure vanishing acts by the new captains. My expectation is that the bankers will turn on each other, the survival of a few stronger or more connected or more involved could likely depend upon eating and devouring some weaker rivals and then putting blame on them in the aftermath.

    He responded. These banksters are very naÔve, easily being pushed onto their own sword. They have been busy shoveling themselves as excrement. The strategy of divide and conquer always succeeds. The real powerful people are going to play Cowboys & Indians with the United States next, where the entire US will act as the Indian victims this time. It will not be funny at all, this global counter-attack to bring an end to financial tyranny. Some executives from the powerful banks are running for the exit to cut deals before all comes crashing down. The lid on corruption has blown off, finally visible. The system has already cratered big time, having been broken over two years ago. The news came that ex-CEO Bob Diamond from Barclays would forgo up to $31 million in deferred bonuses. He predicted the blocked bonus four days before it became news. He believes Diamond bought some time and probably will not go to prison in Europe. But as a US citizen and passport holder, he will likely be prosecuted by the US authorities. He might see jail time, unless he dies from an accident in order to protect his family. Plenty of precedent there.

    The shock waves only now are reaching the surface, after much effort to contain the damage. The old system is broken beyond repair but the new system has not been launched yet. The old system must first be wrecked to the ground in totality, in order to assure no migration of old Boyz from the old system to the new system. They must be isolated and dealt with. The sequence of events appears to be a slow motion implosion, but the process is actually unfolding with lightning speed. Most people cannot comprehend what is happening, as they tend to come to the wrong conclusions from patterned thinking that no longer is relevant. The Jackass belief is that deeply rooted wrong-footed assumptions interfere with the mental processing of events, like beliefs that my government is basically good, our leaders have our interests in mind and strive to keep us safe, the military protects our nation, and respect for private assets is a constant. Wrong, wrong, wrong!

    The damage done to the customers in the entire banking community from this market rigging scheme goes in to the $trillions. Little Metzler Bank of Germany is putting a telephone pole up Deutsche Bankís rectum in the LIBOR fraud, decorated with razor wire. Expect to see the big banks taken down now one after the other. The D-Bank CEO Ackerman has already been dismissed. American banker CEOs are next. The blowback from this scam is so big that the damages could be incalculable. In fact, the resolution could force a global war, which cannot be ruled out any longer. When one pillar at a time is removed from big buildings, an event drive scenario is triggered. The buildings are all connected by vast cable systems.

    A religious element is laced within the European crisis. The Northerners (Germans, Dutch, and Finns) have strong resolve, marching in lockstep. These Northerners are all Protestants whereas the Club Med legion are all Catholics. The EU leaders are Catholics, some associated with secret societies and pedophile rituals. Many century old and deep rooted resentments and animosities underneath that are boiling with big bubbles to the surface during the ongoing crisis. If sufficiently frustrated, a internal war in Europe could occur, since the players are bellicose people. The Northerners are freedom loving, strong willed people and fierce warriors. Recall the Battle of Varus in northern Germany where a few legions of the Roman Army were annihilated (SEE LINK).

    The key to the next chapter is a growing alliance between Russia and Germany. All pipelines coming from Russia end in Germany. The largest roll-on & roll-off rail facility is in the port of Finofort in Germany on the Baltic Sea. The North Stream pipeline is going from Russia, across the bottom of the Baltic Sea, all the way to Germany, where it terminates at Lublin. The rail network from China passes through Russia and on to Germany. An entire network of rail systems is being fixed for heavy duty rail transport. Test runs have been successfully concluded. Chinese and Russian companies have been buying up the majority of former East German airfields, where heavy lift cargo planes come in every day to deliver good to large scale industrial facilities, destined for making finish products and distribution in the EU. An important point is that German obtains from Russia its raw materials including metals and energy. It is not the Middle East, and therefore the strategic thinking is not skewed. The open trade is brisk. The German foreign policy is not written by a small nation on the Southern Mediterranean.

    In order that nobody believe this intriguing man to be perfect, he has had only one error in his view of unfolding events. A great many events have occurred, with clear forewarning by him and his expansive team, events unfolding much as he expected. Events where decisions were made have been shared, which shine a light on the path of events to come. In the summer of 2009, he expected an imminent powerful upward move in the price of Gold & Silver during the yearend holiday season. Instead, it occurred one year later, exactly in magnitude as described but with a time lag. A very forgivable faux pas by a brilliant, connected, and generous man. We lock horns on certain matters, but they are minor and pertain more to style. He has my greatest respect and gratitude. His shared views have helped hundreds of Hat Trick Letter readers to comprehend the unfolding events with less confusion harbored. He has helped many to enjoy financial reward. The future reward will be an order of magnitude larger.

  2. #2
    Join Date
    Jul 2005
    Location
    Happy on the mountain
    Posts
    69,465
    Wow.

    Just ... wow.

    Thanks, Moggy.

    BTW, I don't care one whit about anyone's price projections for PMs. They're real, not digital, and that's all that matters. This was the "Wow" part for me:

    My suspicion is that the Boyz will attempt to destroy much of the world, rather than turn over control and face criminal prosecution, or endure vanishing acts by the new captains.
    Last edited by Dozdoats; 07-26-2012 at 11:11 AM. Reason: Add
    The wonder of our time isnít how angry we are at politics and politicians; itís how little weíve done about it. - Fran Porretto
    -http://bastionofliberty.blogspot.com/2016/10/a-wholly-rational-hatred.html

  3. #3
    Join Date
    Mar 2006
    Location
    K-K-Katmandu
    Posts
    4,182
    Link?
    God bless you and your families,

    Cubbie
    "Behold, I am coming soon, bringing my recompense, to repay every one for what he has done." (Rv 22:12)
    www.call2holiness.org/iniquity.htm

  4. #4
    thanks Moggy and good morning?!

    If you feel so inclined, how does this compare to your charts on Silver?

    Merci!
    ****************************************
    SnowSquaw
    WHO IS Q? #QANON #WWG1WGA .... Let's do this.

  5. #5
    Quote Originally Posted by The Cub View Post
    Link?
    "taken from Willie's private site:"

    If the private site requires permission, as does our Bomb Shelter a link will only return a request to log-in.

  6. #6
    "Silver will rise to $500 per oz and Gold to $10,000 per oz"

    Then I bet bread will be about $50 a loaf if you can find it.
    "America was a GREAT country once - then we gave it to the faggots, ******s and women"

  7. #7
    Join Date
    Nov 2003
    Location
    Between Holy & Crap
    Posts
    123,512
    It will not be funny at all, this global counter-attack to bring an end to financial tyranny.

    The old system is broken beyond repair but the new system has not been launched yet.


    ---------

    This "global counter-attack" is not being done by anyone you'd want to introduce your daughter to either.

    You see what the above spells. Yet people still want to keep this decrepit system.

    Some still have stars in their eyes and will never figure it out.

    So when's the Revolution? God or Money? Choose.

  8. #8
    Join Date
    Aug 2009
    Location
    New York
    Posts
    1,953
    Quote Originally Posted by mzkitty View Post
    It will not be funny at all, this global counter-attack to bring an end to financial tyranny.

    The old system is broken beyond repair but the new system has not been launched yet.


    ---------

    This "global counter-attack" is not being done by anyone you'd want to introduce your daughter to either.

    You see what the above spells. Yet people still want to keep this decrepit system.

    Some still have stars in their eyes and will never figure it out.

    Mzkitty, don't be too harsh. It's difficult for someone to change their entire way of life... if it can even be done without human nature changing to something better.

    Lurker said:
    "Silver will rise to $500 per oz and Gold to $10,000 per oz"

    Then I bet bread will be about $50 a loaf if you can find it.
    Reasonable. That would be about 1/10th ounce of silver per pound of bread, which is about what it is now.

  9. #9
    Join Date
    Apr 2008
    Location
    Back in Texas!
    Posts
    9,230
    Quote Originally Posted by Moggy View Post
    The Euro is running on fumes, while the US Dollar enjoys a erection in the morgue...
    LOL!
    If at first you don't secede, try, try again!

  10. #10
    Join Date
    Jul 2001
    Location
    "outside the box"
    Posts
    30,354
    Quote Originally Posted by Moggy View Post
    Silver will rise to $500 per oz and Gold to $10,000 per oz. These could be conservative projections. The means to control the precious metals prices is gradually disappearing with their forfeited metal. A critical point will be soon reached where the cartel can no longer control the price. The stage they stand on will not tilt, but rather collapse from a lost foundation used to manipulate prices. On the other hand, crude oil could be on its way to $50 per barrel.

    I always take the time to read anything from JW(Thx Moggy). How do we reconcile $500/Ag and $50/brl oil? Maybe I'm missing something here but this doesnt seem to make sense.

  11. #11
    Join Date
    Nov 2007
    Location
    NE Georgia Mtns
    Posts
    4,227
    Quote Originally Posted by SNOWSQUAW View Post
    thanks Moggy and good morning?!

    If you feel so inclined, how does this compare to your charts on Silver?

    Merci!
    Sno, the SLV chart reveals interesting transits on August 12, 2012...my interpretation is that something fated is about to happen on that day or a day or two prior thereto (Mercury and a retrograde Neptune on the same degree as the North Node) that will affect the price of silver...something like a false flag and/or sabotage that involves chemicals/disease/gas or a distortion thereof. The coming event appears to me to be a cover-up of the theft occurring in this ETF.

    The event in question could cause a rebound in price, however, silver needs a close above 2844.5 to be off and running.

  12. #12
    Join Date
    Nov 2003
    Location
    Between Holy & Crap
    Posts
    123,512
    Quote Originally Posted by FarOut View Post
    Mzkitty, don't be too harsh. It's difficult for someone to change their entire way of life... if it can even be done without human nature changing to something better.
    The thing is, if WE don't change it to something better, TPTB will change it to something worse, and that's spelled out in The Creature from Jekyll Island and the Bible.

    See what I'm saying?
    So when's the Revolution? God or Money? Choose.

  13. #13
    Join Date
    Jul 2003
    Location
    Idaho
    Posts
    12,474
    hmmm I was looking back at old charts, even in the 1800's oil was trading above 50 cents a barrel. Must be another type of fuel in use or power source comes online. I remember when a loaf of bread or quart of milk cost a quarter - a silver quarter, and gasoline sold for under 30 cents per gallon. We call it the 1950's.

    The other possibility is the lack of demand for oil because global trade has dried up.

    Well, enough speculation. Since we don't have a member directly in touch with JW we can't ask him directly.

  14. #14
    Join Date
    May 2001
    Location
    Alabama
    Posts
    23,166
    Quote Originally Posted by almost ready View Post
    hmmm I was looking back at old charts, even in the 1800's oil was trading above 50 cents a barrel. Must be another type of fuel in use or power source comes online. I remember when a loaf of bread or quart of milk cost a quarter - a silver quarter, and gasoline sold for under 30 cents per gallon. We call it the 1950's.

    The other possibility is the lack of demand for oil because global trade has dried up.

    Well, enough speculation. Since we don't have a member directly in touch with JW we can't ask him directly.

    This makes me wonder how much flour will cost? Might be time for people to consider a good bread machine if they're so inclined.

  15. #15
    Quote Originally Posted by Lurker View Post
    "Silver will rise to $500 per oz and Gold to $10,000 per oz"

    Then I bet bread will be about $50 a loaf if you can find it.
    Probably.

    That means the people with commodities that rose in step with the increase will be fine, people holding dollars will get creamed.


    ETA: The reason many (most?) people here propose owning Gold or Silver is not to make a profit, but to simply preserve the purchasing power of some portion of their savings.
    Last edited by Double_A; 07-26-2012 at 01:20 PM.

  16. #16
    Articles such as these have me seriously considering cashing out my very modest 401k, taking the tax hit and putting the money toward more important things.

  17. #17
    Join Date
    May 2001
    Location
    Ontario, Canada
    Posts
    1,163
    Quote Originally Posted by JoshInReno View Post
    Articles such as these have me seriously considering cashing out my very modest 401k, taking the tax hit and putting the money toward more important things.
    You should have already done that. I'm surprised the system has lasted this long.
    "It beggar'd all description" - Shakespeare's 'Antony & Cleopatra'

  18. #18
    Join Date
    Jun 2001
    Location
    The Great State of Mind
    Posts
    4,368
    Quote Originally Posted by imaginative View Post
    I always take the time to read anything from JW(Thx Moggy). How do we reconcile $500/Ag and $50/brl oil? Maybe I'm missing something here but this doesnt seem to make sense.
    Assuming that 10 Bbls oil = 1 troy ounce of gold, then in pure US$ oil would be $1000 per Bbl. However...

    If all currency transactions for oil required a portion paid in gold as well as a portion paid in the national currency...

    the 1 Bdl oil might be bought for $50 + 1/11th of an ounce of gold.

    Why would this kind of arrangment be made? In order to anchor both currencies and gold to an oil standard.

  19. #19
    Join Date
    Nov 2002
    Location
    Pierre's Hole
    Posts
    637

    14 Link to Jime Willie Article (not on pay site)

    Quote Originally Posted by Double_A View Post
    "taken from Willie's private site:"

    If the private site requires permission, as does our Bomb Shelter a link will only return a request to log-in.
    Check out this link to another Gold site.

    http://www.gold-eagle.com/editorials...lie072512.html

    May want to put on your Depends first though......

    Q

  20. #20
    Join Date
    Jul 2005
    Location
    Happy on the mountain
    Posts
    69,465
    Aww, Quark - seeing the truth doesn't require Depends!

    A clip:

    MONEY LAUNDERING & NARCOTICS DEPENDENCE
    Just in the last ten days, the brush fire jumped into the drug money laundering forest. Permit an imagery jump as well, even though mixed imagery is a cardinal sin of composition. But since on the topic of jumping, a shift in the blaze of imagery might be appropriate. The money laundering of narotics funds is a vast industry. The United Nation task force identified the United States as being unduly reliant upon the benefits of drug money infusion into the banking system following the 2008 Lehman bust, sufficient to prevent a collapse. The UN document reports were published in 2009 and again in 2010. What better place to funnel the money than into the primary banking system from the USGovt agencies responsible for the vast clearing house functions. Representative Ron Paul has addressed this problem in direct accusations. Here is the imagery jump. The operations of money laundering are like a collection of wires without insulated coatings laid out on dark basement floors, one from each bank. The participating big banks do not always have full knowledge of the other and their activities. Many countries are involved, as the distribution rings are vast, like with Mexico in the recent incident. So the wires occasionally cross each other and cause troublesome sparks. The High Scandal in Bank Collusion has already caught fire in the money laundering rings. The bank in the spotlight has been encouraged to align its wires properly, according to the Cooperative Installation Alignment codes from the Underwriters Lab south of WashingtonDC. They will comply, or else resignations will be the least concern of the bank executives. Their lights might go out. This is a topic loaded with risk. The message to take away is that all the major US banks are deeply committed to narco money laundering, which tie in with defense contractors who serve as errand boys and delivery hosts.
    -- http://www.gold-eagle.com/editorials...lie072512.html

    And you were so innocent as to wonder why oh why the US was shipping guns to Mexican drug cartels?

    And finally the kill shot:

    Major changes are coming. A return to a certain type of Gold Standard is right around the corner, awaiting the Western collapse that is in a late stage of pathogenesis. The jumping brush fires that the London, New York, and Western European bankers must contend with will eventually envelop them, doling out massive smoke inhalation. Worst of all, the jumps will expose new areas of corruption every few weeks, sufficient to bring down the system. After all, it is a fiat faith based system. The faith has long ago vanished. All that remains is power politics, arrogance, and corruption.

    There is a LOT of accumulated fuel to be burned in those coming "brush fires" - monetary, economic, political, social. It will be like nothing anyone now living has ever seen, and it will happen on a global scale.

    Yes. Really. It will be a paradigm shift at minimum. All bets will be off for a lesser or greater time. The rules, when (and I dare say if) they are re-established, will be different.
    The wonder of our time isnít how angry we are at politics and politicians; itís how little weíve done about it. - Fran Porretto
    -http://bastionofliberty.blogspot.com/2016/10/a-wholly-rational-hatred.html

  21. #21
    Join Date
    Dec 2011
    Location
    Rohan
    Posts
    1,160
    preaching to the choir and walking the talk.....in my $7 sneakers. stick with US silver coins, no ingots, no furreign stuff. nuff said.

    once we crest $130, its on.

  22. #22
    Join Date
    Nov 2007
    Location
    NE Georgia Mtns
    Posts
    4,227
    Quote Originally Posted by ittybit View Post
    Assuming that 10 Bbls oil = 1 troy ounce of gold, then in pure US$ oil would be $1000 per Bbl. However...

    If all currency transactions for oil required a portion paid in gold as well as a portion paid in the national currency...

    the 1 Bdl oil might be bought for $50 + 1/11th of an ounce of gold.

    Why would this kind of arrangment be made? In order to anchor both currencies and gold to an oil standard.
    Have you ever read the thoughts of a man who was known as Another? His thoughts were recorded around 1997 and are well worth the read.


    http://www.usagold.com/goldtrail/archives/another1.html

  23. #23
    Join Date
    Jun 2012
    Location
    North Las Vegas
    Posts
    8,019
    I agree TOTALY with this man's tellings. Yes 10K oz gold and 500 dolar Silver is a very real possiblity. $50 a barrel gas is also a good possiblity as well.
    What people don't get, is this is a world wide transfer of wealth. And guess what? The Middle class in america will be no more. Haves and have nots like the 1800's will prevail. Northern Europe will florrish again and China will have a growing middle class thanks to China becoming the worlds reserve currancey.

    Transfer of wealth and the US is on the losing end. Unless you have your home paid off, lots of food and PM's your out. It's harsh, but thats the end game.

    The only fly in it all is a world war. Whomever wins, gets the spoiles.

  24. #24
    Join Date
    Nov 2002
    Location
    Pierre's Hole
    Posts
    637
    Dear Doz..... thank you for the very nice recap of the site with the Jim Willie article...

    I am but a mere Tad when it come s to these danged computers.

    Now would some one please tell me how much my 1 bar of Latinum will be worth when Gold hits $5000...??? I think it weighs about 1 kg...

    Thanks again and in advance,

    Q

  25. #25
    Join Date
    Aug 2009
    Location
    Cape Coral, FL
    Posts
    345
    Quote Originally Posted by JoshInReno View Post
    Articles such as these have me seriously considering cashing out my very modest 401k, taking the tax hit and putting the money toward more important things.
    That's what I did 11 yrs ago and never looked back. One of the best moves I ever made.
    "You can do more than pray after you have prayed; but you can never do more than pray until you have prayed." (A.J. Gordon)

  26. #26
    When Germany went belly up it was out on its own. This time everywhere is going to go belly up at the same time. Under such a situation who is going to be stupid enough to be running around buying gold up for a high price?

    Buy stuff that will sell in hard times for where you are living. A rabbit trap is no good to catch fish with and a fishing lure will not catch a rabbit.


    .................................................. .................................................. ............


    50 German MARK NOTE, DATED 23 JULY 1920 BERLIN. THIS WOULD HAVE BOUGHT:


    In 1920: 25 loaves of bread (2 marks each)
    in 1922: 1/3 of a loaf of bread
    In January 1923: 1/5 of a loaf of bread
    In July 1923: 1/70 of a loaf of bread
    In September 1923: 1/20,000th of a loaf of bread
    In November 1923: 1/4000,000,000th of a loaf of bread

    http://www.romanbritain.freeserve.co...rinflation.htm

  27. #27
    Join Date
    Jan 2005
    Location
    Portland, Oregon
    Posts
    14,607
    And I imagine a silver German 1/2 Mark coin would have continued to buy much the same products over that same period. So your point is actually that paper currency is worthless in a hyperinflation, not that silver and gold are useless.

    Edited to add chart of silver and gold prices during the Weimar hyperinflation.
    Last edited by tanstaafl; 07-27-2012 at 11:53 AM.

  28. #28
    Join Date
    May 2001
    Location
    NW WI
    Posts
    3,296
    Did you notice the ratio held at a steady 15 or 16 to 1(gold/silver ) in the Weimar hyperinflation.

    Our present day ratio is ~58/1------------> buy silver

    GGK
    "You want your bubbles in your champagne glass , not in your portfolio. "
    THE DAILY PFENING

  29. #29
    Join Date
    Jan 2005
    Location
    Portland, Oregon
    Posts
    14,607
    I didn't notice, but that is interesting that the relationship stayed generally the same! Sometimes you see people say the "natural" ratio of silver to gold is 12:1 or something equally low, although that's not accurate from the historical charts I've seen. If such a thing as a "natural" ratio exists (I'm not convinced it does, at least not as far as human involvement goes), it's probably closer to 17:1 than 12:1.

    But in any case, if silver today were at 17:1 then using Thursday's Kitco close for gold ($1,616.10) an ounce of silver would be worth $95.06 (silver closed on Kitco at $27.54). I wish silver WOULD snap back to a 17:1 ratio (without gold dropping) because I would sell some silver at $75.00/ounce. I figure the tax pukes will take at LEAST 1/3 in taxes, but it's possibly (even likely) that if silver and gold were to shoot for the Moon then the capital gains taxes would also spike (and probably retroactively at that) to account for the "undeserved windfall."

  30. #30
    Join Date
    May 2001
    Location
    Ontario, Canada
    Posts
    1,612
    Using a 15:1 ratio, perhaps it's gold that ought to be re-priced to $420

  31. #31
    Quote Originally Posted by JoshInReno View Post
    Articles such as these have me seriously considering cashing out my very modest 401k, taking the tax hit and putting the money toward more important things.
    The best move you could ever make

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts


NOTICE: Timebomb2000 is an Internet forum for discussion of world events and personal disaster preparation. Membership is by request only. The opinions posted do not necessarily represent those of TB2K Incorporated (the owner of this website), the staff or site host. Responsibility for the content of all posts rests solely with the Member making them. Neither TB2K Inc, the Staff nor the site host shall be liable for any content.

All original member content posted on this forum becomes the property of TB2K Inc. for archival and display purposes on the Timebomb2000 website venue. Said content may be removed or edited at staff discretion. The original authors retain all rights to their material outside of the Timebomb2000.com website venue. Publication of any original material from Timebomb2000.com on other websites or venues without permission from TB2K Inc. or the original author is expressly forbidden.



"Timebomb2000", "TB2K" and "Watching the World Tick Away" are Service Mark℠ TB2K, Inc. All Rights Reserved.