wrote the following e-mail with the above title to some family members ... please share with everyone you care about if you agree with the contents.

orgy

that silver and gold were not likely to go much lower .... I continue to be a dismal loser on the markets :) ... oh well, that's the way the cookie crumbles ....but then again, the following two articles may suggest the end of the downward cycle are nearer, combined with the new presence of a Shanghai exchange for trading gold and silver outside of the control of how the phoney pricing banksters in the US have been allowed to manipulate.

The first article would suggest something is rotten in the state of Denmark when the basic principles of economics are being so blatantly violated with phoney paper transactions. When no more is being produced (in fact less since 2012) and people are buying more ... I have to ask myself why are the prices going down ... in the long run of humanity that has only occurred when something is becoming increasingly obsolete and people don't understand that a new technology is replacing an old one and they mistakenly buy something that will be replaced by better stuff ... I.e clear-outs of tube televisions with flat panels arriving. When it comes to money/gold/silver ... maybe the US is way better than every other country who used money printing (euphemistically called quantitative easing and stimulus etc..) as the way to fix economic woes ... NOT BLOODY LIKELY (cockney accent implied). So I don't really believe today's financial sophisticates have found the truly revolutionary way creating a universally accepted currency (form of money) whose entire existence only exists as a medium of exchange to allow people to confidently trade with one another knowing everyone else has equal confidence in that same medium. Once again given the numerous trade settlement agreements between nations who intend now not to trade in US dollars but now in their own (also flawed) currencies it seems to me a bursting bubble will happen sooner rather than later. How soon, tomorrow, a week, a month, a year or two,five years, a decade .... I think you could apply the bell curve to these time frames remembering that both extremities are possible.

http://srsroccoreport.com/u-s-mint-sells-over-750000-silver-eagles-in-one-day/u-s-mint-sells-over-750000-silver-eagles-in-one-day/

The second article provides a perspective of how massive the adjustment could be ... as startling as the numbers for gold prices may seem, if those numbers are cause for intrigue, you have really missed the boat, because gold will not really have become more valuable it will really mean that all of those paper currencies are showing their true value, and if that is the case everything of equal or greater value, like food, water, shelter, and fuel, may not increase as much as gold (just like everything else the pendulum always swings to the extreme and it will for gold), but the question everyone should ask of them is how well will you fare if those other valuable items 50% , double, triple, increase by a factor of 10, 1,000, 10,000 etc. ... put the bell curve on the population that can survive each of those increments on a chart.

No matter where it goes there is one thing of which you can be certain ... at the far scale of wealth, those who can withstand the hyperinflation caused by the loss of confidence in currencies, will still be in a position to exchange their valuable stuff to those who have something to trade with them ... whether it is the sweat of their brow, which we will all need plenty of to get by, or a few shekels of gold and silver, they won't be accepting the paper dollars we all will have lost confidence in.


http://www.usagold.com/publications/Oct2014R&O.html