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Gold = 1776

Tyler Durden's picture




 

Just because it is a nice, round, and very symbolic number...

 

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Wed, 02/22/2012 - 15:17 | 2185805 BLOTTO
BLOTTO's picture

May 1, 1776

Wed, 02/22/2012 - 15:19 | 2185817 JeremyWS
JeremyWS's picture

illuminati bitchez!!

Wed, 02/22/2012 - 15:23 | 2185853 bdc63
bdc63's picture

flew right through 1776 and is trading at 1780 right now.  7 wild minutes until the Chicago pits close ...

Wed, 02/22/2012 - 15:25 | 2185864 Pladizow
Pladizow's picture

IF 1776 is the answer to 1984, then.....

Wed, 02/22/2012 - 15:29 | 2185890 margaris
margaris's picture

... lets travel back in time?

Wed, 02/22/2012 - 15:51 | 2186009 Hard1
Hard1's picture

Gold = 1776 = Independence from the repressors.   The only difference is that in 1776 they were the english and today they are the Bernank and his lonely bankster gang.  "It was 236 years ago tonight...."

Wed, 02/22/2012 - 16:02 | 2186074 gmrpeabody
gmrpeabody's picture

I don't know about you guys.., but I am beginning to think that adding a little gold or silver to the old porfolio might make sense. ;- )

Wed, 02/22/2012 - 16:43 | 2186225 trav7777
trav7777's picture

I hear you can find a lot at the bottom of rivers and lakes

Wed, 02/22/2012 - 17:52 | 2186515 Likstane
Likstane's picture

My old stash is/was in the surf about 20 yards off the beach in Edmonds.  look for the remains of a 12 ft green Coleman fiberglass canoe.  Should be in that area somewhere.

Wed, 02/22/2012 - 18:29 | 2186657 Grinder74
Grinder74's picture

Or in your Grandpappy's teeth.

Wed, 02/22/2012 - 16:06 | 2186091 john39
john39's picture

the faces and contrived facades may change, but I am fairly certain the same forces were at work back then (1776) as today...

Wed, 02/22/2012 - 16:09 | 2186102 DaveyJones
DaveyJones's picture

I don't see how the number of Blankfein's bathrooms has anything to do with this

Wed, 02/22/2012 - 18:02 | 2186555 aerojet
aerojet's picture

The same forces, but many fewer people with many more natural resources, but orders of magnitude slower communications.  Technology has come a long way since 1776, but technology is nobody's friend and it doesn't care whether we live (or how comfortably) or die.

Wed, 02/22/2012 - 16:12 | 2186120 duo
duo's picture

The revolution was to win freedom from the English BANKERS, and the king and army who served them.

The taxation and forced use of British currency in the colonies was so that wealth could be extracted to pay off the King's debts.

Wed, 02/22/2012 - 18:02 | 2186554 EmileLargo
EmileLargo's picture

The English imposed lower taxes on the American colonists than the current American government does. Far lower in fact. 

Wed, 02/22/2012 - 15:51 | 2186013 greyghost
greyghost's picture

just have to love the tylers...they sure know how to turn a date

Wed, 02/22/2012 - 15:26 | 2185873 engineertheeconomy
engineertheeconomy's picture

everything is EXACTLY the way our founding fathers intended

sarc

Wed, 02/22/2012 - 17:41 | 2186478 EBR MOD 0
EBR MOD 0's picture

if our founding fathers were here now, I think they would have already started shooting, ah wonder who they would target 1st.

Wed, 02/22/2012 - 22:52 | 2187605 engineertheeconomy
engineertheeconomy's picture

central bankers, politicians, judges and other criminal entities like law enforcement

Wed, 02/22/2012 - 15:33 | 2185917 TruthInSunshine
TruthInSunshine's picture

 

 

The man who reads nothing at all is better than educated than the man who reads nothing but newspapers.

Was the government to prescribe to us our medicine and diet, our bodies would be in such keeping as our souls are now.

The beauty of the Second Amendment is that it will not be needed until they try to take it.

The policy of the American government is to leave their citizens free, neither restraining nor aiding them in their pursuits.

What country can preserve its liberties if its rulers are not warned from time to time that their people preserve the spirit of resistance?

The spirit of resistance to government is so valuable on certain occasions that I wish it to be always kept alive. It will often be exercised when wrong, but better so than not to be exercised at all.

The majority, oppressing an individual, is guilty of a crime, abuses its strength, and by acting on the law of the strongest breaks up the foundations of society.

When wrongs are pressed because it is believed they will be borne, resistance becomes morality.

Were we directed from Washington when to sow and when to reap, we should soon want bread.

Liberty is the great parent of science and of virtue; and a nation will be great in both in proportion as it is free.

He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors.

I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.

I have sworn on the altar of God eternal hostility against every form of tyranny over the mind of man.

I have never been able to conceive how any rational being could propose happiness to himself from the exercise of power over others.

To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.

In a government bottomed on the will of all, the...liberty of every individual citizen becomes interesting to all.

I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious. (Back then!)

The price of freedom is eternal vigilance.

I am not a friend to a very energetic government. It is always oppressive.

When the people fear their government, there is tyranny; when the government fears the people, there is liberty.

 

Jefferson knew best, bitchez!

Wed, 02/22/2012 - 17:03 | 2186292 HoofHearted
HoofHearted's picture

I want another Jefferson, another Andrew Jackson for President.

I guess I'll have to go with my bumper sticker. It has a picture of Washington on it and says, "I'd vote for Ron Paul."

Wed, 02/22/2012 - 17:47 | 2186498 iamoneman
iamoneman's picture

Sad... The amount of the "dumbing down" of our society that has happend since then...

Wed, 02/22/2012 - 15:41 | 2185969 Floordawg
Floordawg's picture

Well shit stained balls. I guess I'm paying a bit more on the next purchase. (unless theres a raid this week) Thats what I get for listening to the Turd... Again.

Wed, 02/22/2012 - 15:49 | 2185997 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Look, it's your fault for not buying.  Don't try to blame someone who is not only trying to help you get the best price, but trying to help educate you about the gold market, among other things.

Wed, 02/22/2012 - 16:01 | 2186066 Floordawg
Floordawg's picture

I've bought, and been growing my position for some time. I'm not blaming Turd, I blame myself for listening to his advice. I think sharing that bit of info (my mistake) could help fellow Zero Hedgers.

Wed, 02/22/2012 - 16:05 | 2186084 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Fuck that, we're all grown here.  I will use Turd's advice if I want to, or I won't, it's my choice. 

Wed, 02/22/2012 - 17:50 | 2186507 lasvegaspersona
lasvegaspersona's picture

It sounds like some folks are betting on the price of gold rather than 'getting some'.

"If you can't pet it, it is not really yours." ©2012  lasgegaspersona all rights reserved

please don't steal...that is my retirement plan you're messing with

Wed, 02/22/2012 - 18:13 | 2186598 DosZap
DosZap's picture

"If you can't pet it, it is not really yours."

Thats correctomundo, they divorce you sometimes.

Wed, 02/22/2012 - 18:32 | 2186666 Floordawg
Floordawg's picture

That's pretty much the point of my comment above.

Wed, 02/22/2012 - 16:46 | 2186230 xela2200
xela2200's picture

Take advise into account but listen to no one.

I think Turd is a little shell shocked still from last year. I don't blame him. We are all a bit rattled from the same.

Wed, 02/22/2012 - 17:36 | 2186454 RockyRacoon
RockyRacoon's picture

It just proves that TA is useless in a manipulated market.

Wed, 02/22/2012 - 21:22 | 2187346 xela2200
xela2200's picture

You got it. Place your bets.

Any market that can drop 30% in 2 days will make anybody get white hair.

 

Wed, 02/22/2012 - 18:27 | 2186647 dabug
dabug's picture

As I said below;

"Last I read from TF was "Gold and Silver looking good; caution warranted" wtf are you talking about?"

Wed, 02/22/2012 - 15:24 | 2185854 Nothing To See Here
Nothing To See Here's picture

WE THE PEOPLE

Wed, 02/22/2012 - 22:48 | 2187594 A Nanny Moose
A Nanny Moose's picture

Consent of the Governed.

Wed, 02/22/2012 - 22:58 | 2187619 engineertheeconomy
engineertheeconomy's picture

shall overthrow their government... oh crap here come the black helicopters...

Wed, 02/22/2012 - 15:20 | 2185826 SHEEPFUKKER
SHEEPFUKKER's picture

Freedom sure does taste good.....even though I can't eat my gold. ;)

Wed, 02/22/2012 - 15:22 | 2185846 BLOTTO
BLOTTO's picture

AN ILUSSION IT WILL BE, SO LARGE, SO VAST IT WILL ESCAPE THEIR PERCEPTION

                        

OPEN YOUR DOORS OF PERCEPTION   
REALITY IS THEIR ILLUSION
                       
               THEIR FICTION IS THE REALITY 
Wed, 02/22/2012 - 15:50 | 2186004 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

My doors are open, now I need to wash them.

Wed, 02/22/2012 - 22:49 | 2187600 A Nanny Moose
A Nanny Moose's picture

You let the bankstas borrow your pad for another hookers & blow party again, dintcha?

Thu, 02/23/2012 - 00:37 | 2187860 GoodMorningMr.V...
GoodMorningMr.VanRumpoy...'s picture

You've read the secret covenant....

Wed, 02/22/2012 - 15:38 | 2185952 Arthor Bearing
Arthor Bearing's picture

Well you can trade your gold for a lot more food than a pile of FRNs

Wed, 02/22/2012 - 15:21 | 2185840 THECOMINGDEPRESSION
THECOMINGDEPRESSION's picture

I don't get it. Turd said it was going down, be careful, look at the charts, be very afraid..dope.

Wed, 02/22/2012 - 15:24 | 2185857 CrockettAlmanac.com
CrockettAlmanac.com's picture

I imagine that living the life of the anti-Turd must be rather sad. Wanna borrow my hankie?

Wed, 02/22/2012 - 15:50 | 2186008 riley martini
riley martini's picture

Platinum is the short term trade until the strike at Impala is resolved supply will be impacted. Be ready to switch when the strike ends.

Wed, 02/22/2012 - 15:52 | 2186020 Floordawg
Floordawg's picture

I don't think he's being "anti" anything, he just read the same BAD information a lot of other people did (including myself).

Wed, 02/22/2012 - 15:53 | 2186022 THECOMINGDEPRESSION
THECOMINGDEPRESSION's picture

Hey the Turd has been wrong 99.9% of the time using charts. EVERY friday he has been fearmongering the crowd. Please post the correct Turd analyst posts HERE..

Wed, 02/22/2012 - 16:27 | 2186167 oddjob
oddjob's picture

<crickets>

Wed, 02/22/2012 - 16:49 | 2186250 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

As the great philosopher 50 Cent would say:

Let the haterz hate and watch the money pile up

Wed, 02/22/2012 - 16:53 | 2186255 oddjob
oddjob's picture

I think he sells hats as well.

Wed, 02/22/2012 - 17:03 | 2186294 tmosley
tmosley's picture

He doesn't sell hats, he gives them away.

You know, like his commentary.

Wed, 02/22/2012 - 17:07 | 2186312 Turd Ferguson
Turd Ferguson's picture

I thoroughly enjoy it when people criticize my efforts through:

 

  • lies and intentional distortion
  • deliberately taking things out of context
  • rarely visiting and reading but claiming to know know exactly what I've said

By the way, Spanky, that silver call I bought last month was a triple. I'm UP 3G and you're still a douchebag. Win, win!

And to my friends who have defended me on this thread, thank you. 

Wed, 02/22/2012 - 17:45 | 2186490 EBR MOD 0
EBR MOD 0's picture

U B DA MAN TURD, and thank you

Wed, 02/22/2012 - 17:53 | 2186520 lasvegaspersona
lasvegaspersona's picture

always be careful selling gold...after all it is a bull market we are in 

Wed, 02/22/2012 - 18:05 | 2186570 Likstane
Likstane's picture

I'm not defending you.  I may be wrong, but I seem to remember you advocating acquiring more Ag right before the 20 FRN smackdown.  I wasn't able to access your archives to substantiate my belief.  I wonder if you have any of the phyzz.

Wed, 02/22/2012 - 19:12 | 2186878 oddjob
oddjob's picture

Constantly warning of imminent downside risk is akin to crying wolf. If you had not been on here crowing about profits, it would have been that you warned us it would fall. Why put credence in charts in which the next paragraph you go on to say the price is manipulated. Sitting on the fence only works for posers.

Thu, 02/23/2012 - 00:16 | 2187810 tmosley
tmosley's picture

So you are saying that there isn't ever-present downside risk in this market which is characterized by extreme volatility and blatent, in your face violation of the rule of law?

You do realize that he has used charts to successfully pick likely intervention points, right?  Or did you bother to read about why he uses charts in a manipulated environment?

I think charts are useless myself, but you are a blowhard.

Just dollar cost average, and don't let anyone talk you out of your physical silver.  

Wed, 02/22/2012 - 16:13 | 2186123 fuu
fuu's picture

You're going to need more hankies.

Wed, 02/22/2012 - 16:32 | 2186187 Kiwi Pete
Kiwi Pete's picture

He's just calling it as he sees it. He's been very accurate in the past which is why he's got such a large following. That doesn't mean he's gonna call it right every time.

That doesn't give you the right to bag him. Let's see your track record and see how it measures up.

Wed, 02/22/2012 - 16:48 | 2186246 xela2200
xela2200's picture

I don't get it. Turd said it was going down, be careful, look at the charts, be very afraid..dope.

---------------

Time to think for yourself.

Wed, 02/22/2012 - 18:23 | 2186631 dabug
dabug's picture

Last I read from TF was "Gold and Silver looking good; caution warranted" wtf are you talking about?

Wed, 02/22/2012 - 15:27 | 2185882 ragequit
ragequit's picture

traditional date for traditional metal

Wed, 02/22/2012 - 15:29 | 2185899 withnmeans
withnmeans's picture

I just have to put this out there, Brian Westbury has a large lack of common sense. Get your head out of your ass!

Wed, 02/22/2012 - 15:31 | 2185912 Bunga Bunga
Bunga Bunga's picture

next 1865, then 1963.

Wed, 02/22/2012 - 15:46 | 2185985 The Shootist
The Shootist's picture

You forgot 1881 and 1901...

Wed, 02/22/2012 - 15:38 | 2185955 Martial
Martial's picture

The freemasons add 4000 years to their calendar.

 

1776 + 4000 = where gold is going

 

Wed, 02/22/2012 - 22:56 | 2187617 A Nanny Moose
A Nanny Moose's picture

I would settle for a 2012...2112 even better.

Wed, 02/22/2012 - 15:17 | 2185807 Ceteris paribus
Ceteris paribus's picture

Gold Bitchezz

Wed, 02/22/2012 - 15:18 | 2185814 GeneMarchbanks
GeneMarchbanks's picture

How Jeffersonian.

Wed, 02/22/2012 - 15:19 | 2185818 JLee2027
JLee2027's picture

Breakout.

 

Look out 2,000

Wed, 02/22/2012 - 15:20 | 2185827 prains
prains's picture

breaker 19  breaker 19.....cue the tanks

Wed, 02/22/2012 - 15:27 | 2185876 CrockettAlmanac.com
CrockettAlmanac.com's picture

Tranks perform much more efficiently than tanks. Coming up next, the Glee Winter Finale!

Wed, 02/22/2012 - 15:28 | 2185884 HungrySeagull
HungrySeagull's picture

No no no...

How boutcha them tanks, ye got ears on? Pick it up and kick it back.

Wed, 02/22/2012 - 16:47 | 2186243 s2man
s2man's picture

OT

Original Trucker

Wed, 02/22/2012 - 15:20 | 2185829 Dr. Engali
Dr. Engali's picture

Feb 22nd 2012 the day gold declared it's independence from the grips of the Bernank's tyranny.

 

Wed, 02/22/2012 - 15:23 | 2185849 The Shootist
The Shootist's picture

Unilateral Declaration of Independence from insanity. President Gold.

Wed, 02/22/2012 - 15:26 | 2185869 bdc63
bdc63's picture

You know, we've been here before and they have managed to slam it down .... over and over again.  Maybe this time will be different, but try not to get TOO excited.

Stay calm and carry on.

Wed, 02/22/2012 - 15:29 | 2185894 HungrySeagull
HungrySeagull's picture

Feelings I have not had in decades will start flowing once Gold is above 2500 and Silver 60 and stays there or keeps rising.

Wed, 02/22/2012 - 18:41 | 2186725 Grinder74
Grinder74's picture

Darth Vader: I sense something; a presence I've not felt since...

Wed, 02/22/2012 - 16:01 | 2186018 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I've been sitting on cash all week except for a small position on miners yesterday.  Guess who feels stupid....

Wed, 02/22/2012 - 16:09 | 2186103 Gief Gold Plox
Gief Gold Plox's picture

Same here Mr. Hendrix. I did however split some of it and dumped it into gold just before the EU FinMin. Figured it was better to anticipate more of the same stupidity. Now I'm sorry I didn't go all in.

Wed, 02/22/2012 - 16:16 | 2186129 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I know I have to get in the dang pool before the LTRO, but there hasn't been a dip to buy yet.  I guess I will sit back and see what op/ex brings tomorrow. 

Wed, 02/22/2012 - 16:39 | 2186203 samsara
samsara's picture

Mr. LH

Read Martin's short 1 pager

Dow Jones Soars – Gold Flounders

http://armstrongeconomics.files.wordpress.com/2012/02/armstrongeconomics-dow-soars-gold-flounders-021912.pdf

Wed, 02/22/2012 - 16:50 | 2186252 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Thanks sam

Wed, 02/22/2012 - 17:25 | 2186406 samsara
samsara's picture

No Prob.

Highly highly recommend looking at a few of his previous ones.

http://armstrongeconomics.com/martin_armstrong_writings/

Wed, 02/22/2012 - 17:58 | 2186540 lasvegaspersona
lasvegaspersona's picture

LH ....sarc right?

1510 wasn't enough of a dip?

Just start a pile and plump it up from time to time. In the slightly longer run this is all going to seem like the basement for the POG. Soon we will have a serious repricing and it will not be in the paper market...get physical...

Wed, 02/22/2012 - 16:41 | 2186213 Dr. Engali
Dr. Engali's picture

Are you seriously gonna to worry about a few bucks when we all know where gold is going? Just buy. Don't be cute with the market, just buy when you have money and forget about it.

Wed, 02/22/2012 - 17:11 | 2186337 css1971
css1971's picture

Nah.

Look, if you compare gold against housing, oil, softs etc (real things) historically. You'll find it has maybe a bit still to go, but the real hill climb is already over. From now it's really just an inflation hedge.

Real money can be made elsewhere. And no I don't mean silver. Silver needs an escalating S&P to close the ratio.

Wed, 02/22/2012 - 17:38 | 2186460 Dr. Engali
Dr. Engali's picture

If you are referring to fiat that isn't real money. I will however exchange the fist I make in the market for real money......gold.

The "returns" in gold won't end until everybody is scrambling to buy. Right now they are selling.

Wed, 02/22/2012 - 15:21 | 2185833 The Shootist
The Shootist's picture

And also because Jim Sinclair said it was a magical number that would propel and attract the price of gold in dollars. ( I believe he said so)

Wed, 02/22/2012 - 15:30 | 2185903 bdc63
bdc63's picture

I believe Jim's number was $1764

Wed, 02/22/2012 - 15:21 | 2185834 Quinvarius
Quinvarius's picture

Gold attack on fiat music.

http://www.youtube.com/watch?v=vxDemDZWktM

Wed, 02/22/2012 - 15:21 | 2185835 Black Forest
Black Forest's picture

My deep congrats over the Pond.

Wed, 02/22/2012 - 15:21 | 2185838 HungrySeagull
HungrySeagull's picture

THANK GOD! The rain is falling.

AT LAST!

Oh wait...

Wed, 02/22/2012 - 15:22 | 2185841 Gene Parmesan
Gene Parmesan's picture

The answer to 1984

Wed, 02/22/2012 - 15:22 | 2185843 ag3nt0rang3
ag3nt0rang3's picture

I'm partial to 1913 myself.

Wed, 02/22/2012 - 15:35 | 2185941 mayhem_korner
mayhem_korner's picture

 

 

2112

We have assumed control...we have assumed control...we have assumed control.

Wed, 02/22/2012 - 16:08 | 2186100 PhattyBuoy
PhattyBuoy's picture

A Passage to Bangkok

http://www.youtube.com/watch?v=j5FrHuRcqoA

Our first stop is in Bogota
To check Columbian fields
The natives smile and pass along
A sample of their yield
Sweet Jamaican pipe dreams
Golden Acapulco nights
Then Morocco, and the East,
Fly by morning light.

We're on the train to Bangkok
Aboard the Thailand Express
We'll hit the stops along the way
We only stop for the best.

Wreathed in smoke in Lebanon
We burn the midnight oil
The fragrance of Afghanistan
Rewards a long day's toil
Pulling into Katmandu
Smoke rings fill the air
Perfumed by a Nepal night
The Express gets you there.

Wed, 02/22/2012 - 23:32 | 2187710 A Nanny Moose
A Nanny Moose's picture

This song reads like the CIA's nation building playbook

Wed, 02/22/2012 - 16:22 | 2186151 CH1
CH1's picture

We have assumed control...we have assumed control...we have assumed control.

Thing is, people want to be controlled.

Freedom involves self-responsibility, and they fear that more than death.

Wed, 02/22/2012 - 16:40 | 2186206 Jacks Nipple
Jacks Nipple's picture

+1 just for the rush lyrics

Wed, 02/22/2012 - 23:23 | 2187686 A Nanny Moose
A Nanny Moose's picture

And the meek shall inherit the earth.....

Neil Peart credits Ayn Rand on this album. I knew there was a reason I always like Rush.

Thu, 02/23/2012 - 09:23 | 2188584 mayhem_korner
mayhem_korner's picture

 

 

But the "meek shall inherit the earth" line predates Rand...by some 1900 years.

Wed, 02/22/2012 - 15:22 | 2185844 AmazingLarry
AmazingLarry's picture

1776 IS quite traditonal, yes yes....

Wed, 02/22/2012 - 15:22 | 2185845 tmosley
tmosley's picture

Someone must have found a way to cook it.

Of course, barbeque!  Why didn't I think of it? It's so simple!

Wed, 02/22/2012 - 15:25 | 2185859 Sophist Economicus
Sophist Economicus's picture

GW's birthday too!

Wed, 02/22/2012 - 15:25 | 2185861 RaymondKHessel
RaymondKHessel's picture

War is imminent ...

Wed, 02/22/2012 - 15:33 | 2185934 Gief Gold Plox
Gief Gold Plox's picture

WTI doesn't seem to indicate that. I sure hope you're wrong. Too many wars already.

Wed, 02/22/2012 - 15:54 | 2186027 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The Joint Chiefs of Staff rained on that parade.

Wed, 02/22/2012 - 17:46 | 2186493 bdc63
bdc63's picture

west texas crude has diverged from brent because the US is flush right now with crude, stuck in cushing oklahoma -- it's a pipeline issue.

when the saber rattling gets louder - and I suspect it will reach a deafening pitch - you'll likely see some eye popping increases in west texas.

not that I'm wishing for it -- just trying to be realistic

Wed, 02/22/2012 - 15:26 | 2185868 VonSalza
VonSalza's picture
Illuminati you've come to take control  http://www.youtube.com/watch?v=7NasHZ9hhjY
Wed, 02/22/2012 - 15:26 | 2185870 TradingJoe
TradingJoe's picture

Beware of parabolic moves! Got Phyzzz?!?!

Wed, 02/22/2012 - 15:37 | 2185946 Sophist Economicus
Sophist Economicus's picture

Almost got it all over my pants when I saw that chart!

Wed, 02/22/2012 - 16:31 | 2186180 slewie the pi-rat
slewie the pi-rat's picture

^+avatar+^

Wed, 02/22/2012 - 15:26 | 2185875 Dr. Engali
Dr. Engali's picture

Freegold bitchez!

Wed, 02/22/2012 - 15:27 | 2185878 resurger
resurger's picture

Cheerz Bitchez

Wed, 02/22/2012 - 15:27 | 2185879 KingdomKum
KingdomKum's picture

we few, we happy few, we band of silver holders  .  .  .

Wed, 02/22/2012 - 15:28 | 2185885 charms9
charms9's picture

Jim Sinclair says expect a war at 1764. I wonder if the Cartel will step in soon?

Wed, 02/22/2012 - 15:33 | 2185932 Bastiat
Bastiat's picture

They'll step in their own shit soon enough.

Wed, 02/22/2012 - 19:40 | 2186993 JLee2027
JLee2027's picture

Where you been?  There's been a war over the 1764 price for 6 months.

Wed, 02/22/2012 - 15:28 | 2185886 Dr. Kananga
Dr. Kananga's picture

1778...

Time travel.

Wed, 02/22/2012 - 15:39 | 2185957 Black Forest
Black Forest's picture

 At about 7 pm, a War of Secession will erupt somewhere.

Wed, 02/22/2012 - 15:28 | 2185892 TheSilverJournal
TheSilverJournal's picture

$1,000 silver just around the corner.

TheSilverJournal.com

Wed, 02/22/2012 - 15:31 | 2185904 HungrySeagull
HungrySeagull's picture

1000 dollar silver is the wet dream of the young not yet full grown.

However....

that will make gold so high, you can flip a coin and pay off a student loan.

So much for the future interest payments for 20 years or until death whichever comes first "For the system"

Wed, 02/22/2012 - 16:16 | 2186127 TheSilverJournal
TheSilverJournal's picture

$1,000 / oz in today's purchasing power. All the fiat out there is just counterfiet gold and when fiat collapses, a good amount of that value will flow back into actual gold. Where else are you going to store your wealth during currency collapse? Gold hits $10,000 min. and that's being very cautious. It could hit as high as $50,000.

During precious metals bull markets, the gold to silver ratio shrinks. And it will especially shrink now considering the fundamentals of silver production and consumption are so compelling. The silver to gold ratio will hit min. 10 to 1 when the USD collapses, meaning silver hits $1,000 / oz, assuming $10,000 gold. The silver to gold ratio could hit as low as 4 to 1, meaning at $50,000 gold, silver would be at $12,500.

About half the $750M oz of silver mined every year are destroyed through production, and industries are going to get their silver at any cost because they use it in such small amounts, meaning only enough silver stays above ground every for 1 oz / US citizen. That's not very much when considering the dollar is going bye bye.

TheSilverJournal.com

Wed, 02/22/2012 - 16:58 | 2186273 BeerBrewer09
BeerBrewer09's picture

At those prices it would be worth it to retrieve everything I lost during my recent canoe capsizing.

Wed, 02/22/2012 - 17:49 | 2186503 bdc63
bdc63's picture

... and where exactly was that 'canoe capsizing' again? ... GPS coordinates would be fine ... ;)

Wed, 02/22/2012 - 15:32 | 2185922 Chump
Chump's picture

And gas at $150/gal.

In other words, the world is in full burn mode.

Wed, 02/22/2012 - 15:36 | 2185943 HungrySeagull
HungrySeagull's picture

150 gal gas... I could buy a mountain of metal at that point.

Wed, 02/22/2012 - 15:29 | 2185897 NoClueSneaker
NoClueSneaker's picture

lube long, bitchez!

Wed, 02/22/2012 - 15:29 | 2185900 Dr. Kananga
Dr. Kananga's picture

1780...

Wed, 02/22/2012 - 15:31 | 2185911 mayhem_korner
mayhem_korner's picture

 

 

As of 2:30 EST, CNBC still headlining 'Gold Eases as..."

Wed, 02/22/2012 - 15:55 | 2186034 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Hopefully the producers have all the chicks in plunging necklines today to distract all the viewers from the PMs.

Wed, 02/22/2012 - 15:32 | 2185920 Bastiat
Bastiat's picture

1783 is even better!

 

Wed, 02/22/2012 - 15:34 | 2185926 JPMorgan
JPMorgan's picture

 

I find it funny how many posts go up on ZH when the gold price is advancing.

Woohoo this means all of us can't afford to buy as much... er... yeah... bollocks :-/ .

Double edged sword my friends.

 

Wed, 02/22/2012 - 15:40 | 2185970 bdc63
bdc63's picture

spoken like somebody that doesn't own any ...

Wed, 02/22/2012 - 15:57 | 2186044 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I don't know what he is going on about.  I've been complaining about the advancing price for two days now.

Wed, 02/22/2012 - 21:14 | 2187326 JPMorgan
JPMorgan's picture

Not enough, which is my point.

Wed, 02/22/2012 - 15:34 | 2185930 BlackholeDivestment
BlackholeDivestment's picture

 

 

 

                        1776? What? ...did the Second of Sirius breed tiny monsters?

         Oh Shit! ...it's the Golden Fang of the Suicide Squid of the Great Wal Mart of China!!!

                                                      Duck and cover. 

                                   http://www.youtube.com/watch?v=yobDKUDcfQI

Wed, 02/22/2012 - 15:33 | 2185931 kralizec
kralizec's picture

AUsome

Wed, 02/22/2012 - 15:33 | 2185933 mayhem_korner
mayhem_korner's picture

 

 

Money printing is gold's viagra.

Wed, 02/22/2012 - 15:34 | 2185935 bullionbaron
bullionbaron's picture

Booyah. How long until new highs? 1 month?

http://www.bullionbaron.com

Wed, 02/22/2012 - 15:35 | 2185940 engineertheeconomy
engineertheeconomy's picture

just stopped by my local bullion dealer - there's literally nothing on the shelves except a few old silver coins. stopped by my local bank to see if they had any gold for sale - no dice. who the hell bought up all the gold?

Wed, 02/22/2012 - 15:37 | 2185948 Bastiat
Bastiat's picture

Where are you?

Wed, 02/22/2012 - 17:46 | 2186494 DosZap
DosZap's picture

The Bitchez, are taking Silver back down, they cannot afford for it to get loose.

Wed, 02/22/2012 - 23:09 | 2187646 engineertheeconomy
engineertheeconomy's picture

Buy buy buy

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