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iluvfungi



Registered: 06/17/09
Posts: 1,488
Loc: Oakland, CA USA
Last seen: 12 years, 8 months
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Hopefully this man is wrong, interesting though
#14190654 - 03/27/11 05:38 AM (12 years, 10 months ago) |
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My gut says he is wrong. Even though China is selling off US debt, thanks to the CIA manipulating the Middle East, we have cheap oil prices and just too much World influence. He says you can take his positions and not loose, but you sure could. Buying Gold and Silver now and then the prices tank in the future means you loose.
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Asante
Mage


Registered: 02/06/02
Posts: 86,799
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Re: Hopefully this man is wrong, interesting though [Re: iluvfungi]
#14191176 - 03/27/11 09:06 AM (12 years, 10 months ago) |
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Quote:
My gut says he is wrong.
Unfortunately, thats Normalcy Bias.
That said.. The facts he gave are facts, you can verify them. Thats the meat of this scam, the stuff that actually rings true.
Yes I said SCAM. Really now, he's gonna tell you the secrets if you subscribe to the secret newsletter, for only 50 bucks and..
No. No, No, No, No. Don't give this man money, all he's going to tell you is stuff thats already in the open if you grind the facts he presented and do your own research.
I have a big secret which really should be secret but I'll sell out for just $49.99 
Why would a man who makes 100% profits every time, who's riding the biggest money maker in the world, need your $49.99 and compromise his strategy risking it going viral on the www and killing his niche?
-------------------- Omnicyclion.org higher knowledge starts here
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rackem



Registered: 11/27/09
Posts: 14,024
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Re: Hopefully this man is wrong, interesting though [Re: Asante]
#14191357 - 03/27/11 10:09 AM (12 years, 10 months ago) |
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just saw this yesterday from a commercial on the discovery channel..
it was interesting right up until he started selling all that junk.
similar to the day the dollar died.
save your money.
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Groovy Grant

Registered: 07/31/00
Posts: 6,635
Loc: TX
Last seen: 16 days, 18 hours
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Re: Hopefully this man is wrong, interesting though [Re: iluvfungi]
#14191369 - 03/27/11 10:13 AM (12 years, 10 months ago) |
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I googled 'Porter Stansberry' looks like he's gotten in trouble in the past for securities fraud:
http://wiki.answers.com/Q/Who_is_Porter_Stansberry
http://www.sec.gov/litigation/complaints/comp18090.htm
I'd avoid paying anything to this guy.
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GI_Luvmoney
Vote Republican!


Registered: 05/10/09
Posts: 939
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Re: Hopefully this man is wrong, interesting though [Re: iluvfungi]
#14193330 - 03/27/11 04:56 PM (12 years, 10 months ago) |
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I've seen plenty of investment newsletters with all kinds of panic information in it over the last 12 years. It seems to be based on half truths. Its hard to tell when and how things are going to play out in the future. After watching CNBC and reading various investment newspapers and magazines and investment websites for over a decade, I realized that no one can predict the future with certainty. Normalcy bias, aka herd mentality pervades most of society. They expect absolute truths from imagined prophets that don't exist.....
Edited by GI_Luvmoney (03/27/11 05:00 PM)
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iluvfungi



Registered: 06/17/09
Posts: 1,488
Loc: Oakland, CA USA
Last seen: 12 years, 8 months
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Re: Hopefully this man is wrong, interesting though [Re: GI_Luvmoney]
#14194522 - 03/27/11 08:49 PM (12 years, 10 months ago) |
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The Global Economy is still recovering, the USA in the lead of it all. Seems like we keep on having another damper, Egypt, Japan, Libya. Hopefully all that stuff stops now and we can just build again. Any global news like that hits the market for a downer day or often, week.
Someday, money will not exist. It is not required when energy is free, and every person has their purpose and place in the contributions to the world.
Edited by iluvfungi (03/28/11 07:44 PM)
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teknix
πβπ
’ππ
π°π‘ πΌπ⨻


Registered: 09/16/08
Posts: 11,953
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Re: Hopefully this man is wrong, interesting though [Re: iluvfungi]
#14200571 - 03/28/11 09:34 PM (12 years, 10 months ago) |
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I highly doubt silver is going to tank anytime soon. For that, trillions upon trillions of paper dollars would have to dissapear, imho.
Everytime more dollars are printed, your dollar is = less.
You can do a search yourself.

You honestly think they will ever stop printing more dollars?
Edited by teknix (03/29/11 12:30 PM)
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Groovy Grant

Registered: 07/31/00
Posts: 6,635
Loc: TX
Last seen: 16 days, 18 hours
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Re: Hopefully this man is wrong, interesting though [Re: teknix] 1
#14202346 - 03/29/11 05:25 AM (12 years, 10 months ago) |
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First off, your first graph shows gold prices, not silver prices. Second, they misspelled 'industrial' in the title and third the axises are not labeled, so it's a meaningless graph. (I get X is time, but what units is y in?) Also, why the arbitrary 9 year time span?
Your second graph is looking at gold prices as well. So, neither of the graphs you show has anything to do with silver, other than you picked a random 'precious' metal, but not silver, and used those graphs to justify silver prices...
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teknix
πβπ
’ππ
π°π‘ πΌπ⨻


Registered: 09/16/08
Posts: 11,953
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Re: Hopefully this man is wrong, interesting though [Re: Groovy Grant]
#14203494 - 03/29/11 12:27 PM (12 years, 9 months ago) |
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IDC, google it and you will find the same info in your proper formats, I'm sure. If you find something that is contrary, please post it.
Yes, gold and silver.
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iluvfungi



Registered: 06/17/09
Posts: 1,488
Loc: Oakland, CA USA
Last seen: 12 years, 8 months
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Re: Hopefully this man is wrong, interesting though [Re: teknix]
#14213814 - 03/31/11 08:49 AM (12 years, 9 months ago) |
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Call me crazy, but in a couple years I see Gold and Silver prices dropping and the US dollar going way up in value.
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thatoneguy211
chillin like a villian


Registered: 06/04/08
Posts: 106
Last seen: 10 years, 11 months
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Re: Hopefully this man is wrong, interesting though [Re: iluvfungi]
#14245605 - 04/06/11 12:24 AM (12 years, 9 months ago) |
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Quote:
iluvfungi said: Call me crazy, but in a couple years I see Gold and Silver prices dropping and the US dollar going way up in value.
I hope so, because this economy sucks the big one
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Humility
Working on it



Registered: 10/07/08
Posts: 6,745
Last seen: 6 years, 11 months
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Re: Hopefully this man is wrong, interesting though [Re: iluvfungi]
#14278655 - 04/12/11 03:25 PM (12 years, 9 months ago) |
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Quote:
iluvfungi said: Call me crazy, but in a couple years I see Gold and Silver prices dropping and the US dollar going way up in value.
The question becomes how? With the wars that are currently being waged, the rampant and beyond 'out of control' spending on the "justice" and "corrections" systems that produce nothing of economic value, the high unemployment, lack of new job creation, hoard of underemployed workers, etc. etc. etc.
How do you see that happening?
FYI to all the people investing in silver - Silver is $30-35 an oz currently. People are speculating that it may reach 100 or higher if a crisis occurs.
Illegal drugs can be "mined" from your very own home and most are worth more than $100/oz. Demand is also usually higher for them during times of crisis than metals given their use as utility objects.
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uber_aj
Goodbye Shroomery!



Registered: 11/13/05
Posts: 4,486
Loc: Much love to you all
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Re: Hopefully this man is wrong, interesting though [Re: Humility]
#14278698 - 04/12/11 03:36 PM (12 years, 9 months ago) |
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Silver is $39-$42/oz right now, not 30-35. Just putting that out there...
I agree with you, drugs will be highly valuable trading commodities if/when fiat currency tanks. If shit really hits the fan, organic seeds might be too.
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