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maytagday

George Ure at Urban Survival today Quoted his economist friend saying that the crash (of All crashes) will start around april 12th. He said all stocks, commodities, gold and silver will collapse. A total econmy collapse. Silver and gold will go back to thier traditional values, which is better I guess than having fiat money that isn't worth anything. What is traditional values? He states that the valuation bubble started in 1680. Yes, the current bottom will be 1680's values of commodities. A copper for a sweet in the general store?
So silver back to a cups of coffee and a meal, but a barrow full of paper money for the just the coffee - maybe!
Next week -- got your stuff stocked up and ready! Got your horses ready, Gas will be out of touch for most people.
(04-04-2011 11:54 PM)maytagday Wrote: [ -> ]George Ure at Urban Survival today Quoted his economist friend saying that the crash (of All crashes) will start around april 12th. He said all stocks, commodities, gold and silver will collapse. A total econmy collapse. Silver and gold will go back to thier traditional values, which is better I guess than having fiat money that isn't worth anything. What is traditional values? He states that the valuation bubble started in 1680. Yes, the current bottom will be 1680's values of commodities. A copper for a sweet in the general store?
So silver back to a cups of coffee and a meal, but a barrow full of paper money for the just the coffee - maybe!
Next week -- got your stuff stocked up and ready! Got your horses ready, Gas will be out of touch for most people.

Hey, do you have a link you can provide to the Economist's website and George's article please?

Thanks.

connectingdots1

I like it when you guys take things out of context!!!

....those of us who follow the Web bots know differently,,,,so please supply the link otherwise it's BS.

the USd dollar collapses...this is where Gold and silver will be going, not downwards !

[Image: German-hyperinflation.png]

you can replace the Jan. 1921 Date with Jan. 2011 and it shows at what point of the USD devaluation were entering....now remember that Gold and silver returned to their original value which is real money hence the reason why the ONLY jews to get out of Germany were the ones who had invested into gold and silver prior to the Devaluation...so I guess right about now many of you are realizing just how intelligent you all were to have purchased silver...not only is it more manipulated than gold therefore giving a higher return but also it may just be your ticket out of a Sticky situation should the USA fall into civil unrest or a very DEEP Depression.

buy your PM's Tomorrow, don't wait don't hesitate cause you'll regret it by next Monday trust me!
(04-05-2011 01:20 AM)ScientificBeing Wrote: [ -> ]
(04-04-2011 11:54 PM)maytagday Wrote: [ -> ]George Ure at Urban Survival today Quoted his economist friend saying that the crash (of All crashes) will start around april 12th. He said all stocks, commodities, gold and silver will collapse. A total econmy collapse. Silver and gold will go back to thier traditional values, which is better I guess than having fiat money that isn't worth anything. What is traditional values? He states that the valuation bubble started in 1680. Yes, the current bottom will be 1680's values of commodities. A copper for a sweet in the general store?
So silver back to a cups of coffee and a meal, but a barrow full of paper money for the just the coffee - maybe!
Next week -- got your stuff stocked up and ready! Got your horses ready, Gas will be out of touch for most people.

Hey, do you have a link you can provide to the Economist's website and George's article please?

Thanks.

http://urbansurvival.com/week.htm

connectingdots1

here's what he actually said....

Quote: An unprecedented albino black swan for the macroeconomic system is coming; The valuation of gold, silver, commodities, and equities will plummet to values commiserate with the real economy. Expect the very unexpected.

Quote:Hmmm...this got me to scratching my head a bit, especially the mention of gold and silver going a "plummet". The ghost of an outline appears out of the fog of 2-cups of coffee and maybe I'll put something together for Peoplenomics.com next week on it.

That's called a plug!
(04-05-2011 01:47 AM)connectingdots1 Wrote: [ -> ]here's what he actually said....

Quote: An unprecedented albino black swan for the macroeconomic system is coming; The valuation of gold, silver, commodities, and equities will plummet to values commiserate with the real economy. Expect the very unexpected.

Quote:Hmmm...this got me to scratching my head a bit, especially the mention of gold and silver going a "plummet". The ghost of an outline appears out of the fog of 2-cups of coffee and maybe I'll put something together for Peoplenomics.com next week on it.

That's called a plug!

Sure sounds like a plug. Hypothetically speaking though, if Silver and Gold were to actually "deflate" down to their pre-inflation price, an ounce of silver would be about $1/ounce and Gold $20/ounce (hence, the pre 1933 Gold 1 ounce coins state $20 on the face, and Silver Eagles still state $1.)

If all commodities (including food) deflate along with Silver as the article in Ure's Blog states, you would be able to equate $1 Silver to purchasing $1's worth in inflation-less prices for everything else... e.g. if Milk Costs $3.00 in today's 98%+ inflated dollars, then 2% of $3.00 would be about 6 cents. So as a rough estimate, your Silver Dollar would buy you 16 gallons of Milk. That's even a bit more than it'll buy you today.

Another interesting comparison is that an average day's wage in 1900's was $2.00. So in today's silver price that's about $80/day. Not only does this show how manipulated silver is, but it also shows the true value is not yet recognized by the market. Considering that it's significantly more rare than it was in 1900's, the fact that it's now a worldwide traded commodity, that electronics using silver components are booming in China and India, both over 1billion people, that the world population is much higher, etc, etc... Forget the 16 gallons of milk! How about a few cows in a barn instead?

connectingdots1

You've just earned yourself some brownie points on this forum Bro...personally speaking I was looking at maybe more like a revaluation in ratio with Gold to historic levels but honestly I prefer it went your way first and then the ratio straightened itself up to historic levels but either way you're right...ALL THESE GUYS/GIRLS have taken what George Uri said and through it out of context to make it look like silver is gonna drop.

not only did THEY ALL throw it out of context but they also added to his original posts.

Great post ScientificBeing!

Thumbs up everyone
(04-05-2011 02:49 AM)connectingdots1 Wrote: [ -> ]Great post ScientificBeing!

Thumbs up everyone
If silver and gold collapse in price that would be fine with me as it is one scenario I actually expect could happen. If it does, everyone, including people who said "I can't afford any" will be going ALL-IN and cleaning out the gold and silver supplies. I will then use the wife's credit card and max it out. Then I'll wait for the prices to explode as supplies run out.

Also, Lindsey Williams said "Gold and silver will not be coming down in price, they will only be going up." You have to understand that George's economist friends look at charts and such, like most other people. Therefore, they will be wrong most likely. The stock markets are rigged higher and the gold/silver prices are rigged lower. No one can keep a rigged market going forever so it will collapse. No one can keep gold and silver down artificially forever either. We have both taking place and we also have gold and silver leveraged 100 to 1 and possible much more than that. This article does not scare me one bit. I LOVE IT.
i concur. if it dips, i will buy it. if it goes up, i will buy it.
until the cows come home.

i think the real collapse type scenario to watch for is a collapse in confidence of the U.S. dollar and it being removed as the world reserve currency, which would precipitate the collapse of everything else. however, i don't know that they will allow this to happen without taking us to war....


but regardless of how the shtf, anyone who has their head removed from their ass can plainly see where it is all headed. if you're one of those, then you know the difference in the 'clink' of a silver dime or quarter.... keep your heads up.. and vote for Ron Paul (like they don't have it rigged.. see " Hacking Democracy").
Well, there is a possible government shutdown this coming Friday. Any ties?
(04-05-2011 02:49 AM)connectingdots1 Wrote: [ -> ]You've just earned yourself some brownie points on this forum Bro...personally speaking I was looking at maybe more like a revaluation in ratio with Gold to historic levels but honestly I prefer it went your way first and then the ratio straightened itself up to historic levels but either way you're right...ALL THESE GUYS/GIRLS have taken what George Uri said and through it out of context to make it look like silver is gonna drop.

not only did THEY ALL throw it out of context but they also added to his original posts.

Great post ScientificBeing!

Thumbs up everyone

Thank you, glad to share my perspective. :)

survivalwithstyle

gOOd stuFF here. glad to play for the home team. we are about to enter the 7th iNNing stretch.

Guest

george Ure are you kidding me...what a douche bag, no one will sell their silver, hello... JPM just got a comex vault to keep the pozi going, this fuckin fool Ure is just a heretic trying to create something out of nothing...hurry run sell all your silver and then see if you can get it back at a cheaper price! highly doubt it.

Guest

Silver and gold is not for profit. It is for wealth protection. A gold Dollar in 1980 would buy you a nice suite; in 2011 a gold dollar will buy you a nice suite. If the the prices of everything goes down then gold and silver will go down - but it will still buy you a nice suite. Same value mo matter what the spot price is. Right now we are having high inflation - long term silver is still worth the same, but silver anticipates future prices and rises before other commodities. The cost of other items will reach parity again to silver -- like the gold example - one dollar gold will still buy a nice suite when things even out. If there is a complete collapse, deflation of all commodities will start due to lack of demand. Silver will lead that deflation. The price of other commodities go down - silver will go down. Back to one gold dollar will by a nice suite. Always has been that way. You don't get rich on buying silver and holding it; you just maintain your purchasing power.

Guest

The dollar value of silver has nothing to do with the purchasing power of silver. To many people get hung up on the dollar value. The true value is what barder value is the silver to other things I need.

Guest

supply and demand drive silver plus JPM has used most of their naked shorts which they can not and will not ever get to do again...deflation ...ok what world do live in, not here thats for sure, get ready dipshits silver will be triple digits before yoy know it and inflation will be in full force soon enough...the gold example does not exist anymore we are in new territory wake up!
All DH & I are trying to do is hang onto a potential currency with some intrinisic value, in case we eventually must use it as an alternative to paper dollars. So, we won't be selling our physical silver no matter what Ure says. I think he's an opportunist, if not a scammer and may be self deluded. He's intellectually and emotionally invested in the mercenary rules of business that have worked for him in the past. George Ure only associates with the fringe, because he's playing both sides, IMO. Just a vibe.
(04-05-2011 02:10 PM)Heather Wrote: [ -> ]All DH & I are trying to do is hang onto a potential currency with some intrinisic value, in case we eventually must use it as an alternative to paper dollars. So, we won't be selling our physical silver no matter what Ure says. I think he's an opportunist, if not a scammer and may be self deluded. He's intellectually and emotionally invested in the mercenary rules of business that have worked for him in the past. George Ure only associates with the fringe, because he's playing both sides, IMO. Just a vibe.

Interesting to note that Clif High is friends and has respect for him.

Guest

(04-05-2011 01:48 PM)Guest Wrote: [ -> ]supply and demand drive silver plus JPM has used most of their naked shorts which they can not and will not ever get to do again...deflation ...ok what world do live in, not here thats for sure, get ready dipshits silver will be triple digits before yoy know it and inflation will be in full force soon enough...the gold example does not exist anymore we are in new territory wake up!

You will still be able to buy the same item when silver is $30.00 as when it is $200.00. The dollar value means nothing, it's just a comparision. Silver $30.00 - steal dinner $30.00. Sliver $200.00 - Steak dinner $200.00. The purchasing power never changes. Silver goes up and everything else goes up with inflation because the paper money is worth less. Don't think you are going to be rich. It isn't going to happen. The silver just maintains your current wealth against inflation.
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