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My God, Silver going back to $22, then $18 !!!!!
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Re: My God, Silver going back to $22, then $18 !!!!!
In my opinion changing gold for real estate is a good idea. Some are predicting gold to hit 5000 dollars this year.
If that was to happen, the ratio between gold and real estate would hit 40-50:1 , that around half price on real estate relative to 1980. It's to cheap. 5000 dollars this year? Forget it.
If you put in peak gold values for last year and real estate values, and use the median, you get 140:1 ,its' not to bad I think considering it was at 90 for around 1 day in 1980.
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Re: My God, Silver going back to $22, then $18 !!!!!
in my opinion onions are delicious. eating onions is a good idea rather than eating carrots. some think carrots are two times better for you.
if carrots were two times better for you than onions then the ratio of carrots to onions would be 2:1. it's too much. carrots good for you? forget it.
in 1980 carrots were all the rage. look what happened. the ratio hit an all time high. it's even higher today. onions are better than carrots.
that's what i think.
that's my opinion.
i'm quite sure of it.
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Re: My God, Silver going back to $22, then $18 !!!!!
The only factor that is differant now is the Billion or so in China & a Billion or so in India whom can see a way of beating inflation.......the idea of 1-2 BILLION people suddenly thinking about buying Gold/silver......could be a factor.
Mike
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Re: My God, Silver going back to $22, then $18 !!!!!
To buy anything they need a strong enough currency.Originally posted by Mega View PostThe only factor that is differant now is the Billion or so in China & a Billion or so in India whom can see a way of beating inflation.......the idea of 1-2 BILLION people suddenly thinking about buying Gold/silver......could be a factor.
Mike
http://research.stlouisfed.org/fred2...EXINUS?cid=272
The only time their currency have had some strength relative to the dollar is in periods of a weak dollar policy. It's the same with South Africa. Those countries have monetary policies that resemble banana republics. It's the glue of the weak dollar and greenback emissions all over the place that's keeping it patched together. And a weak dollar policy can end with very tight fed policies as in the early 80's or with emerging market's simply burning out as in the mid 90's, through letting their credit growth and inflation getting out of hand.
It's really in my opinions, 3 types of countries. It's like Switzerland (maybe Japan) that have a currency that just get stronger and stronger relative to the dollar over time and have sound policies, then there are countries that fluctuate around the dollar (that's most developed nations, even Scandinavia, Canada and Australia ), even some Asian countries, then there is those countries over time, that just weakens to the dollar (that's where you have most developing countries such as India, South Africa and countries in Latin-America. Those with the worst policies are those producing commodities and that in this trend of a very weak dollar only have been able to keep their currencies flat, or even down. Those countries will also be the first to devalue once the dollar starts gaining some ground.Last edited by nero3; January 21, 2011, 08:43 PM.
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Re: My God, Silver going back to $22, then $18 !!!!!
I am so glad you are backOriginally posted by metalman View Postin my opinion onions are delicious. eating onions is a good idea rather than eating carrots. some think carrots are two times better for you.
if carrots were two times better for you than onions then the ratio of carrots to onions would be 2:1. it's too much. carrots good for you? forget it.
in 1980 carrots were all the rage. look what happened. the ratio hit an all time high. it's even higher today. onions are better than carrots.
that's what i think.
that's my opinion.
i'm quite sure of it.
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Re: My God, Silver going back to $22, then $18 !!!!!
Turn a carrot into a carnation...an onion into a lotus blossom
http://www.thaicarving.co.uk/html/carnation.html
carrot.jpg onion.jpg
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Re: My God, Silver going back to $22, then $18 !!!!!
http://3.bp.blogspot.com/_IdVJJUOIft...400/resume.bmpOriginally posted by metalman View Postin my opinion onions are delicious. eating onions is a good idea rather than eating carrots. some think carrots are two times better for you.
if carrots were two times better for you than onions then the ratio of carrots to onions would be 2:1. it's too much. carrots good for you? forget it.
in 1980 carrots were all the rage. look what happened. the ratio hit an all time high. it's even higher today. onions are better than carrots.
that's what i think.
that's my opinion.
i'm quite sure of it.
Comment
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