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In the past when the dollar has been devalued, it was just announced when it was effective. Do you expect they will tell you 30 days in advance? Of course, announcing it would be a "nice" way to devalue it. The bad way would be via a panic sell off. I think that's what happened in...

When we do get inflation it will be a panic out of a dollar no longer accepted by the world, and when it happens, it will be too late to trade it. Iceland's recent troubles come to mind. Who will lend us a trillion to bail us out temporarily? How would we readjust to eliminate the...

More Fed approved "bread and circus". LOL. the big problem is to spend it quickly on anything without it all going to OPEC or China n the 1st or 2nd round.

Let's see what happens after that December contract expires. Think there will be a lot more deliveries requested than usual? I do. What will they have to deliver after that? You think there will be nobody with money wanting it? As fast as the Treasury can print it, it goes to...

The problem items are coins, not 100 oz bars or even kilo bars. Kilo bars are available for about $27560 from bulliondirect I see, which translates to $857/oz or about $16 over spot. The cheapest 1 oz bar is $880/oz or $39 over spot. If you want any coin, its $899 cheapest, or $48 over...

It won't be Americans buying it. It will be foreigners happy to trade their US dollars for metal.

A few years ago you'd call the coin dealer and if you wanted pre 1930's gold coins, they'd be $25 over spot in AU or UNC condition, and you could literally buy 1000 of them if you had the money. The same coins are now $150 or $200 over spot today, and you'd be lucky to find someone with 5 of...

Christmas for everyone but the UNBORN CHILDREN that will be left with the tab for this drunken orgy of credit.

They are printing enough money that *EVERYBODY* is gonna be doing just fine.

Its *ALL* about printing massive numbers of Dollars and dumping them everywhere to everyone that cries loud enough. Its called DILUTION.

Who's gonna carry that 1000 oz bar, LOL? SCUMBAG

Try and buy 10 oz before you feel so confident shorting it. Supply and demand will eventually win out, especially with the central Banks no longer willing to sell or lease, and refusing to roll the existing leases.

With every central bank on the planet running their printing presses 24/7? I think NOT. Gold up $16 a few min ago. Come back when its below $700.

Forced liquidation of paper silver, but no coins to buy at less than $3 or $4 over spot anywhere on the planet. If only we could actually buy coins for anywhere near these prices...

In general its bankrupt, sorta like Wiley Coyote spinning his legs in midair, before going SPLAT into the canyon below. Debt was what killed it. Money made out of debt. People with too much debt. A Federal government running on debt. Corporations, States and Municipalities with debt out...

I'm afraid the alternative to balanced trade and balanced budgets is a complete economic collapse as the rest of the world comes to the realization that the dollar is as doomed as the Icelandic Krona, for the same reasons, debt and deficits. $100,000 per oz would be painful, but it would give...

Yeah, that's it. We just go back to pretending the dodgy debts are worth something, LOL

Don't waste your time or energy digging to bury paper money. By the time you go to dig it up again it won't be worth digging up.

Announce a program for a sustainable American economy. 1. Go back to a gold backed dollar, backed at $100,000 per oz, use the proceeds to pay off the existing debt, and pass a balanced budget amendment so the debt bubble mistake can't be repeated. 2. Pass a line item veto amendment so the...