I think all the measures demonstrate its undervalued, but that's besides the point, because we are interested in future valuations. A primary argument for gold looks to a shift in our world monetary system. So its not the past, but the future we look to. What is the future?



http://www.federalreserve.gov/releas...current/z1.pdf

Total credit market debt (B):
37785.7 2004
41254.0 2005
45306.3 2006
50012.3 2007
50782.4 Q1-08
51250.6 Q2
52070.5 Q3
52509.0 Q4
52899.4 Q1-09
52730.3 Q2
52617.3 Q3

page 60 of the z1: http://www.federalreserve.gov/releas...Current/z1.pdf

Total credit has contracted the last two quarters even with all the government "borrow and spend" - an unprecedented problem. Total Credit is now about $52.6T and the private sector is still de-leveraging. Credit deflation? The exponential growth monster in hungry.

every time i think to myself, 'i got 4 more ounces of silver on the way, and another 2.5 grammer of gold, life's good', i run across these gold/silver pr0n threads at another message board.

anyone ****ing with these stashes? makes me wonder wtf these people do...









and....get ready for this, seriously take a breath...

and i know this is a gold thread, but who doesn't like a little bit of silver too?

People seriously post this stuff? Have you seen a better invitation to a home invasion or are they naive enough to think the internet is really anonymous?

i thought the same thing, but i guess they felt comfortable enough to do it.

couple questions: how does one go about accumulating that much precious metal? these people are millionaires, yes? and it's taken them a lifetime of doing it?

i'm just interested in how the **** they end up with that much..

Do you have four arms? lol

2 for his wife obv

robbed Ft. Knox LDO

Whats the thread URL for this? It seems way to professional made up to be someones real lot - plus it looks like a city scape so it was obviously setup.

Maybe they got it a long time ago? Even as recently as 1970, you could get an ounce of gold for what, fifty bucks? So for $100k you could get 2,000 ounces...So they'd be millionaires now, haha. Anyways, I'm not sure if gold was that cheap back then. But ya, gold wasn't always $1100/oz. Ten years ago it was $300 an ounce.



What is ya'lls opinions on buying grams instead of ounces of gold? I didn't know that was possible until I saw some of those baller pictures posted above.

I don't believe there is any inherent reason why the DOW should have any relation to the price of gold. As for the CPI it should fall vs gold over time. I have no idea about the week's wage, however I believe population has expanded faster than gold supply which should mean less gold per unit work (which also should further drive down the CPI vs gold).


I've seen many people brag about outrageous winrates but I think this takes the cake.

goldismoney.info forums, specifically the gold/silver forum, the thread i think is called 'gold bars pictorial'.

and yes, i'm pretty sure i read that picture is one of the 'main guy's' stash, that he ****ed around with one day. someone didn't believe it, and someone else said, 'yeah, that's dude's stash, you must be new'.

*shrug*

didn't think about it like that, you're probably right.

as for grams vs ounces, not all of us are playing 10/20.

i've only been interested in gold and silver for about 3 months, and i've accumulated i think 30 ounces of silver and just over an ounce of gold. 35 grams or so, 1/2.5/5 grams at a time.

Apropos of nothing, I just saw an APMEX banner ad on TalkingPointsMemo.