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Message: Are they right or wrong?

I surfed through some sites today, just to get a feel for how others were thinking (My day was really s*****) and I needed a lift.

This is what I found.

From King World News.

Link: http://kingworldnews.com/unprecedented-financial-destruction-and-bail-ins-to-engulf-the-world/

Snippet:

"And if you adjust for inflation and take gold back to the 1980 highs, the 1980 high today would be over $9,000. One of the charts KWN featured showed that if we adjusted the 1980 high today for gold vs the monetary base, the price of gold would be nearly $20,000. So on any basis gold is massively undervalued. But that is likely to change in 2015. Whether the move higher starts during the summer or in the autumn doesn’t really matter. At $1,200, gold is the best investment and insurance that you can buy.”

From Uncle Jimmy's Site.

Link:http://www.jsmineset.com/

Snippet:

"I also found it curious that this person had not "figured out" gold and to this day still has a feeling of "risk" when it comes to the metal. Stepping back for a moment, why do you suppose invading forces ALWAYS steal their captor’s gold rather than the currency and the plates to make the currency? Please don’t tell me I am living in Roman times, or the Middle Ages, or Napoleonic times. I am not even living in WW I or II times, as recently as the last several years, Iraqi, Ukrainian, Greek and Libyan gold has ALL been pilfered! Ask yourself this question, if the U.S. was invaded, would our conquerors steal our dollars or break into our vaults in search of gold (maybe to a very bad and empty surprise?)?

Please think this through for yourself, can we in the U.S. and the West in general wake up to closed markets and panic conditions? Do you really believe paper currency will become more valuable (for more than a week or two) if the debt markets and derivatives are closed with no bids? Do you really believe gold and silver will be "offered" in any fashion except maybe for something you have as barter? I still cannot get over the deflationists argument the dollar will strengthen in this scenario. The killer question of course is this, where exactly should (can) we store all of these valuable notes and digits "safely"? I suspect there will be a run on wheel barrows and those old "Radio Flyer" wagons will actually again have a function beyond their antique value!"

Comment:

Do these guys really believe what they're saying or are they being played just like everyone else?

"We live in interesting times"

Good Luck to all!

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