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sendero

(28,552 posts)

36. It might...

Reply to quaker bill (Reply #20)

Fri Jan 18, 2013, 07:02 AM

Jan 2013

... but as long as we are racking up more deficit spending I doubt it.

Those who think gold/silver are just in bubbles aren't paying attention, there is a reason. If you keep debasing your currency, people get reluctant to hold thier wealth in it. And they have to go somewhere. The dollar is crap, but the euro and the yen are even worse. They have to go somewhere.

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90% stock market crash highly likely this year [View all] UnrepentantLiberal Jan 2013 OP

Good thing we will be Politicalboi Jan 2013 #1

You mean the same Robert Wiedemer ... 1StrongBlackMan Jan 2013 #2

Lots of RW suckers for those con men to feast on. UnrepentantLiberal Jan 2013 #6

Hell just about everyone on DU predicted the collapse upaloopa Jan 2013 #3

In 2004 ... 1StrongBlackMan Jan 2013 #9

Well, tama Jan 2013 #14

So that I can stock up on milk, MrYikes Jan 2013 #4

GOLD! BUY GOLD!!! GOOOOOLD!!!!! Taverner Jan 2013 #5

Anyone is who has been buying it over the last 12 years is well ahead. former9thward Jan 2013 #15

Not If You've Been Snookered Over The Past 4 Years... KharmaTrain Jan 2013 #17

Gold has gone up every year for the last 12. former9thward Jan 2013 #19

Gold is quite inflated quaker bill Jan 2013 #20

I agree nothing goes up forever. former9thward Jan 2013 #22

I buy low, alloy to Karat, quaker bill Jan 2013 #29

As someone who has followed the gold market since 1968, Art_from_Ark Jan 2013 #31

The question I think quaker bill Jan 2013 #34

It might... sendero Jan 2013 #36

I agree Art_from_Ark Jan 2013 #40

question about gold onethatcares Jan 2013 #24

To answer that I am assuming we are in a relatively normal economy. former9thward Jan 2013 #25

If it ever comes to that type of situation, Art_from_Ark Jan 2013 #32

Not likely.. sendero Jan 2013 #37

No quaker bill Jan 2013 #39

People who had lost their jobs appreciated having some place to sell their gold jewelry. n/t Sekhmets Daughter Jan 2013 #28

You're gonna feel pretty silly when this actually happens... Make7 Jan 2013 #7

Wait!.... it's a safe bet the market WILL crash. It always does. When is the only question. nt Bigmack Jan 2013 #8

Pat Robertson predicted a collapse would happen in 1993, and his charts are from God... JHB Jan 2013 #10

One of the best indicators to run out and BUY stock. wtmusic Jan 2013 #11

Kunstler and this guy must be competing for Doomer King status dmallind Jan 2013 #12

Trade deficit, PO and energy prices tama Jan 2013 #13

Which means it will double in the next 4 years. JoePhilly Jan 2013 #16

Wiedemer orginally said "starting before 2013"; I guess that didn't work out muriel_volestrangler Jan 2013 #18

The market will not crash quaker bill Jan 2013 #21

Funny how these are always convenient base 10 numbers Recursion Jan 2013 #23

No, my bible told me America is forever NoOneMan Jan 2013 #26

This is part of an investment pitch... Sekhmets Daughter Jan 2013 #27

Buy Twinkies!!!! greytdemocrat Jan 2013 #30

been hearing this sine Obama took office....yawn spanone Jan 2013 #33

In the whole history of "the market", it first went above 1000 in 1972 SoCalDem Jan 2013 #35

I doubt there will be a crash like that.. sendero Jan 2013 #38