Inflation

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As I recall, silver was at it's highest at about $50 and ounce in 1980 when the Hunt brothers cornered the market. COMEX suspended trading in the metal and only took liquidation offers.

Let's watch and see what happens now.

Rufus
 
Well, the price of gold is now at a flat spot. There was a similar flat spot yesterday afternoon. This indicated to me that someone with a massive supply is selling, probably a central bank. This is probably to prevent a massive collapse of a currency. Whose? Make a guess.

Rufus
 
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That is a very interesting thought. As this administration love the unoins so much, would they let that happen. Would the UAW let that happen?
 
This entire economic mess would be fixed by dropping gas back to 99¢ a gallon...and we have the largest oil reserves in the world, lasting us thousands of years..this is all a scam to force economic collapse and more ruling by our govt. Just watch.
 
It is so much of a mess, I'm printing off all the good canning instructions and all kinds of stuff about animal and chicken care and butchering. I'm making my own book!
 
Smart
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I started doing that a while ago. Working on some of my favorite go to recipes now.

Here is more info for all of you....
http://www.zerohedge.com/article/20-signs-horrific-global-food-crisis-coming-0
 
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Who would pay the difference between the cost of the oil and refining and delivering it to the pump? Where are the reserves that will last us thousands of years? Where do you get your information from?
 
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I believe the Gov was actually at it's largest during the Reagan administration. It's actually gone down over the years. I'll have to find some stats on that. You may be right, but I think it's just a right wing propaganda talking point. If you have any legitimate proof please do post.
 
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That is a very interesting thought. As this administration love the unoins so much, would they let that happen. Would the UAW let that happen?

Since the government is a minority stockholder in General Motors it is unlikely. They have been selling shares for a while now to recoup the money loaned to GM.
 
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