All Forums | Investments

the way of things.

...

Participants:

Search

Posts: 30

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: Apr. 23, 2016 - 3:18 AM ET #1

The Fed began a design to manipulate inflation values if the min worker made 21,000 A hard USD. What would cost of living projections be.

This was as case study so the new currency will be introduced but unless gross mattilation a n9te will not be removed....when a bill is removed two will be added clause.

Bottom line

Gold gram is worth a brrl of Saudi o8l..

A two ounce bar is equal to AA barrl of oil.

Value of these metals will rise as dollar worth shrinks

For these are locked to gether

when value of gold silver and oil are in voliti?le position the strength of inflation to adjust to disparity.

As the dollar weakens the value of precious metals will rise aggressively leading to over investment.

Thus value determined when sales meet expectations.

0

sundance

MVP

Joined: Mar, 2002

Posts: 16264

Posted: Apr. 23, 2016 - 10:33 AM ET #2

Silver trying hard to bust 17.

0

sundance

MVP

Joined: Mar, 2002

Posts: 16264

Posted: Apr. 26, 2016 - 1:38 PM ET #3

$17.07 on Steve Quayles web site.

0

sundance

MVP

Joined: Mar, 2002

Posts: 16264

Posted: Apr. 29, 2016 - 12:05 PM ET #4

Silver quietly climbing to $17.82. Boring but effective.

0

Slobbasaurus

Captain

Joined: Sep, 2007

Posts: 7150

Posted: Apr. 29, 2016 - 12:15 PM ET #5

Gold reached it 52 week high earlier today as my precious metals fund continues to react inversely to the major indexes.

https://www.marketwatch.com/investing/future/gold

0

sundance

MVP

Joined: Mar, 2002

Posts: 16264

Posted: Apr. 29, 2016 - 1:07 PM ET #6

$1290 and climbing! No telling on where gold and silver end up.

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: Apr. 29, 2016 - 11:41 PM ET #7

Should be 25 and 1600 by Sept. Oil nearing proprojected 49 a brrl.

0

Slobbasaurus

Captain

Joined: Sep, 2007

Posts: 7150

Posted: May. 1, 2016 - 9:16 AM ET #8

Oil is on it's way to the 50s. Staying away and watching.

I hope you're right about Gold.

Any thoughts on this article?

https://www.marketwatch.com/story/golds-fair-value-is-a-third-less-than-you-think-it-is-2016-04-19

0

mainman11111

Veteran

Joined: Jan, 2016

Posts: 1077

Posted: May. 3, 2016 - 1:31 AM ET #9

from op
"The Fed began a design to manipulate inflation values if the min worker made 21,000 A hard USD. What would cost of living projections be."

remember when silver was 4$? well min wage was 4$

remember when silver was 8$? well min wage was about 8$

silver is roughly 15-17$min wage is about 10$ going to 15$ soon maybe.

burgers used to 2$, now 3$ going to 5$

dow jones was 6000, then 12000 now 18000.

rent was 400$, 800$ now 1200$.

thats the way of things.

what a life. hopefully people figure it out

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: May. 3, 2016 - 3:59 AM ET #10

However when the Fed manipulation in end of the seventies min wage moved to a little under 4 but silver spiked to fifty and gold blew past a grand to resettle .... These hard liquid commodity markets have a over valuation period till the pendulum effect and return to a structure of confidence. These seem to be moving quickly up but the underlying problem is not they are becoming. More scarce resources but the problem of unchecked inflation....

0

mainman11111

Veteran

Joined: Jan, 2016

Posts: 1077

Posted: May. 5, 2016 - 8:32 AM ET #11

its to kill off the savers. so their useless kids have to work.

governments were taught since the anicent days that everyone needed to do something with their lives.

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: May. 6, 2016 - 12:15 AM ET #12

People should help people we are social in nature and we ask for law and Justice to prevail over every citizen.....

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: May. 6, 2016 - 12:18 AM ET #13

Inflation is nessary the currency needed to cover debts was 16 million in 1803 to put that in perspective. We bought from new Orleans. To Vancouver sound that little piece of thee back forty for 3 million in gold from napolean......

0

mainman11111

Veteran

Joined: Jan, 2016

Posts: 1077

Posted: May. 6, 2016 - 7:43 AM ET #14

survival ofthe fittest.

if u inherited 10mil when a burger was 10 cents, fries was 5 cent... etc... coke was 5 cent.

you would just sit on ur butt doing nothing if the burger was 10 cent forever.

so they created greed and inflation.

when the 2008 crisis happened a lot of idiot rednecks and other poorly educated ppl lost their farms, old dealerships and old banks. these ppl sat around. lazy.

now u have 15$ min wage by 2020 in california. to kill off savers. as well as other things.... i dont wanna say it.

notice after 2009 no bank had attractive CD accounts? they love doing this in society...

feels g00d losing a 100 year old farm, dealership or bank.

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: May. 6, 2016 - 11:08 AM ET #15

Well savers were incouraged to invest and pull money out of the banks and into rentals,wall Street deal in private bond funding and public bonds in infrastructure projects. But not every bank around the world. Alot of bam

Banks when monetary easement policies run their course. Must have. A saver to allow a borrower. But money is so loose that car loans are at 3.5% home loans in the nineties were near 10% for near perfect credit.

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: May. 18, 2016 - 3:44 AM ET #16

Quote Originally Posted by sundance:

$1290 and climbing! No telling on where gold and silver end up.

I think that event horizon is looming with the Saudi liquidation pending in the financials.

0

soothsayer13

Captain

Joined: Mar, 2004

Posts: 5215

Posted: May. 20, 2016 - 1:37 PM ET #17

been long Newmont Mining since $17 in January

still think it has more to run.

0

BIGfnPOO

MVP

Joined: Jun, 2006

Posts: 18880

Posted: May. 20, 2016 - 3:09 PM ET #18

remember in May 2014, 2 yrs ago today.....

May 30, 2014

Today (Friday), gold price per ounce fell under $1,250 an ounce to a 16-week low. Prior to this five-day losing streak, gold price per ounce has been stuck in a tight trading range for weeks, struggling to trade above the key $1,300 an ounce level.

Gold futures for August delivery fell by 0.8% to $1,246.50 an ounce this morning on the Comex in New York. And earlier, the price touched on $1,244.50, the lowest for a most-active contract since Feb. 3, according to Bloomberg. Over the course of this week, gold has dropped 3.6% �C the most it has since Sept. 13. (2013(ed. poo)).

bigFnPOO

0

Slobbasaurus

Captain

Joined: Sep, 2007

Posts: 7150

Posted: May. 20, 2016 - 4:40 PM ET #19

Interesting article on Gold's seasonal patterns

https://www.marketwatch.com/story/gold-it-turns-out-has-a-seasonal-pattern-of-weakness-2016-05-17

0

Slobbasaurus

Captain

Joined: Sep, 2007

Posts: 7150

Posted: Jun. 3, 2016 - 10:22 AM ET #20

The Fed is not raising interest rates this month and July seems to be very questionable on news of abysmal job data.

Gold and mining stocks are soaring today.

0

Slobbasaurus

Captain

Joined: Sep, 2007

Posts: 7150

Posted: Jun. 8, 2016 - 11:11 AM ET #21

Silver is up 3% and likely to go up to $20 an ounce by tear's end if interest rates remain unchanged.

Get in with these precious metals while you can.

0

Slobbasaurus

Captain

Joined: Sep, 2007

Posts: 7150

Posted: Jun. 16, 2016 - 11:29 AM ET #22

Over 1,300 per ounce. Gold will keep rolling

0

Rush51

Captain

Joined: Jan, 2005

Posts: 7966

Posted: Jun. 17, 2016 - 12:55 AM ET #23

Yeah... Gold will keep rolling as long as there is fear of a Zombie Apocalypse around the corner.

Not saying it can't happen, but understand this is what the price of the 'metal' is priced as.................

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: Jun. 18, 2016 - 12:50 PM ET #24

The global economic crisis is starting to pronounce itself as sustainable development forecasts are being adjusted to a modest 1.2% from an earlier target of 1.8% and nearly half. The goal of a 2.5% annual growth I'm sure these numbers will be decline. The other side precious metals are continuing to rise. As interests att

The Fed is anticipating near 1% by December. Allowing a quarter per quarter. Oil as no floor as Iran continues to accelerate production for emerging markets in India Singapore and China.

0

nature1970

Hall of Fame

Joined: Jan, 2015

Posts: 20652

Posted: Jul. 7, 2016 - 12:24 PM ET #25

Gold at 1358 silver. At 1970 . and we're off. 1800 and 45 by December.

0

All Forums | Investments

About Us

Contact Us
Careers
Our Team
Brand
Testimonials

Betting Guides

Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming

Sports Betting

US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps

Contests

Streak Survivor
King of Covers
Ultimate Race
Office Pools

The Covers community has

618,670

lifetime members worldwide

Join our community today

Established in 1995,
Covers is the world
leader in sports
betting information.

Site Map Help Privacy Terms of Service

Covers is verified safe by: Evalon Logo

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.

the way of things.

Hot Forum Topics