OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Hey Scruffy, Did You Watch The Rickards Video Yesterday?

Posted by Farmboy @ 12:10 on September 19, 2014  

“Embry says, “I think we are very close now in the sense that the physical supplies of both gold and silver are being diminished at a fast clip. ”


Rickards had a good visual of the situation of Supply Vs Paper in that video. An inverted Pyramid resting on a block of gold with all the paper gold filling the upside down pyramid. A dramatic picture of teetering paper hopper just waiting to topple. Kinda stuck in my mind.


Like Ipso, I await the day “all paper burns”. What’s real, things that are real, are going to take their rightful place, and value.  Seen one ‘expert’ calling for $5,000 gold. I think a value of an ounce is much, much, higher than that. His call of $5,000 gold brings back memories of those days when gold was just a little over $300.00/oz and some folks calling for a $1,000 seemed so far out of reach.


Glass of ice tea in hand, we watch and wait to see the end game.


Best to you this fine day, Farmboy

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.