English is not my mother tongue. I could have been wrong in the manner I put it the original or wrong in some other ways - I don't know.
The $50,000 is from calculation - but rejected by Ivanovich outright. No one should take those calculations literally.
I never counter check...
I thought the people here all know metaphors.
When Jim Rogers says "Dollar goes to zero", it is his style of speech and we have to let him some leeway. The drop will be cut short far above zero by very signifcant events (same as what you mentioned) - people ridicule Rogers for that.
I...
You are the moderator. You don't need to say sorry. The forum has made known I'm not welcome and that's it. I'll only debate you a little more as long as I have a reason.
About $50,000 gold, you do not want a reason or hear. You ignore Peilthetraveller and chose your Econs professor as your...
I can't argue about "sources" - you made some remarks in another thread about quoting sources.
If writing "The dollar has been weakening for the past decade with the dollar index falling 35% from 2001" needs to include sources, I then cannot qualify as it is too much.
As for analysis...
If "5-wave-decline" means you believe in Elliot Waves, I'll be direct with you the last time - you belong to one who knows not he knows not and should usually be avoided - none has ever changed the religion of another as your Elliot wave is your misguided religion.
Elliot waves (Prechter is...
This is what I want. Direct and honest and Ivanovich could have added that and not insinuate things with "kitco.com".
Just for goodbye:
There is an Arab popular saying:
He who knows not he knows not, he is ignorant. Avoid him.
He who knows he knows not, he is simple. Guide him.
He who...
My thread "The Apocalyptic Depression of the 21st century" was moved to chit chat after I added "The Collapse of the Dollar" to the thread.
Ivanovich (moderator) posted:-
.
I'm leaving this forum. I'm not one who argues, but before I leave this forum I will still state my position and...
The Collapse of the Dollar
The dollar has been weakening for the past decade with the dollar index falling 35% from 2001. For a superpower, the main reason is usually overspending. The US runaway federal budget deficits could only be supported through money expansion and all money printing...
People also forget that Fed rate now is zero. In 2001 rate was 6% and slammed down reaching a bottom of 1% in 2004. 1% was raised back to 5% in 2006 and everything collapsed. This zero percent is the end Fed rate and the reason why India took 200 tons.
The moral of the OP article is: Don't...
I have some very trusted personal friends who are powerful African witch doctors. I recently asked them about climate change and whether they do climate control and also CO2 reduction. They sincerely said it is easy for them, even for a century time frame. It is a secret art passed down from the...
Note: some inaccuracy above - assume just 10 years ago price was $300/oz.
Since there is no answer, I'll try myself. We exclude traders who win trading anything as they don't need to buy gold. Just restrict the argument to investors who can't trade, but wish to invest for the long term...