d2thdr

http://img183.imageshack.us/img183/3782/bo...erate281010.png This.

And that alone convinces me they will rather trash the currency than engineer a austerity lead recovery.

HI Schaublin, I have stopped educating people about choices in life. I think some people get it, some do not. As much as your intent is noble, if you read back the GEI gold threads, you will notice that people on here have not changed their stance. Those who are stuck in their beliefs are still the same. Nothing has changed, the only thing has is the price of gold.

Gold certificate ratio will not work. There would be freegold. The true unknown with maximum potential.

Link

Good luck mate. Keep us posted on your Adventures.

Today we celebrated a festival of Dassera. We gave each other gifts. The gift is gold. And only gold. Its a nice feeling to give and receive gold.

See you already are contradicting yourself. I said Physical Gold does not submit to deflation. Everything else inflates.

Seems to me your originality has a significant flaws. You have formulated a theory with US dollar as the global reserve currency and the future will remain as such with gold standard as the way to ensure everything falls into place and the excesses are eliminated. People around the world have suffered and are suffering just to keep Americans happy by providing gasoline for 20 cents a gallon. You have discounted peak oil as well. If there is no oil available to be shipped or if US dollar can not buy oil, how can American hegemony be maintained? Your theory is speculation, but it can not be applied to reality. BECAUSE PHYSICAL GOLD DOES NOT SUBMIT ITSELF TO DEFLATION. Link

You are just hoping. Hope is good. Dollar system is not going to survive. Can I ask you what is the basis of assumptions? Who is your guide on this road? It might tell us more where to read so that we can that person has to say and also evaluate their track record.

I do not know about you, but I belong to another group who does not care about the price of gold prior to purchasing it and does not care even if it corrects. There are many, I am sure, like me.

Ford Fiesta or Camry?

Lets get this right- the currency movements as of now are really confidence issues. Euro is not good, UK coalition is giving hope that they will do everything to tackle the debt, there is nothing going on for the US. Why should Euro strengthen vis-a-vis USD?

Only 'Damn Fools' would trust JP Morgan for the storage of their PM.

I look at increasing gold/silver price with increasing dread. The end game is coming, it will also end our way of life. I feel glad to own some PM, but the consequences are going to be disastrous.

Ok Schaublin, Here is the answer you are looking for explained by the best economic writer on the internet FOFOA

I ask you why can this not happen? You use a number 2500. Why 2500? Why not 4500? The price of gold in fiat is an illusion. It has been controlled by COMEX. You know that. Now if price of physical is rising exponentially, this gold will not be available for whatever price you offer, unless the seller has a reason to sell. There would still be sellers like Tom O'brien. Once these sellers dry out, and if you want to buy gold, COMEX wont have any to sell or at best they might say here accept 200$ for your paper ounce and be gone. 200$ might not buy you much.

Jake did answer your question. The number is just a random number, perhaps Robert Prechter's 200$/oz prediction is used in this context. It really does not matter. We are all on the same path, we are all buying gold. 200$ figure might be theoretically equal to zero when a loaf of bread might be worth a lot lot lot more in $.

As Steve Netwriter keeps saying ,' You got to change your paradigm'.

Thank you.

Yes gold will fall in fiat perhaps to less than $200/oz. But there is a big difference. The gold that will fall to less than 200$/oz will be paper gold. If you go to a dealer and pay $200 you wont get any gold. That is what FOFOA was implying in his latest post.

You will find your answer here

I would really like to see Tom Obrien admit that he got it a bit wrong. In many ways, it is thanks to these traders that gold is still affordable. God forbid what the price it will be sold for when traders become buyers. Got rid of even more fiat today. Feels good.

I do not know where I should post this link Does printing press cause environmental damage?

OK chief, you win.