gold

What Happens to Silver when the Currency Reset Happens?

What Happens to Silver when the world undergoes a massive currency reset?

According to Jim Sinclair the downgrading of US debt on Friday is the final lynch-pin that will herald this event, and the new virtual world reserve currency will be at least partially backed by Gold. FOFOA has also argued that Gold, not Silver, is the ultimate safe haven precious metal. Even Max Keiser has quietly started talking the Gold book, despite his SLA/Crash JPM campaign.

Is Gold & Silver Still Worth Their Price?

I understand the value of Gold & Silver as a hedge against the dollar/inflation.  However, I'm starting to question whether Gold & Silver are really still worth their price.  As of today, I have to save up roughly $1700 for a 1-ounce gold coin, that's only 1 coin! 

Cameron will let Gaddafi stay in bid to end Libya campaign quickly

Cameron will let Gaddafi stay in bid to end Libya campaign quickly

By Oliver Wright, Whitehall Editor

Tuesday, 26 July 2011

Global Currency, the ONE

http://www.singleglobalcurrency.org/

"Single Global Currency Association,  is dedicated to the goal of implementing a Single Global Currency, within a Global Monetary Union and managed by a Global Central Bank by 2024.   We shall achieve this goal through education and persuasion.

LIVING THROUGH A CURRENCY DEVALUATION

In 1976 I was managing an American subsidiary of a successful large US Company in Mexico. It had been a financial turnaround for our team. Cash flow had accumulated in our bank in Mexico and corporate didn’t want the money repatriated to the US. Although we had already paid a 35% income tax to the Mexican government, we would have to pay an additional 30% exit tax to repatriate the money. In addition, we would have to pay high fees for the peso/dollar exchange, in order to make the transfer.

See how assets stack up against gold - John Exter’s Inverted Pyramid of Assets

John Exter’s inverted pyramid. The idea is that things high on the pyramid are derivatives of asset classes further down the pyramid.

https://lonerangersilver.wordpress.com/2011/04/22/john-exter%E2%80%99s-inverted-pyramid-of-assets-2/

See how assets stack up against gold - John Exter’s Inverted Pyramid of Assets

John Exter’s inverted pyramid. The idea is that things high on the pyramid are derivatives of asset classes further down the pyramid.

https://lonerangersilver.wordpress.com/2011/04/22/john-exter%E2%80%99s-inverted-pyramid-of-assets-2/

Prophesy Platinum=Huge (Gold+Platinum) Reserves in the Yukon

I wasnt sure which Forum Topic to start this since they have multiple minerals. 

I was given a good amount of Prophecy Platinum(V.NKL or PNIKD.PK) the other day from a spin off from my Prophecy Coal shares(PRPCF.PK) (Rob McEwen advises this Co) (Prophecy Coal has up to 100 years worth of Thermal Coal in Mongolia that will supply Russia and China/Just started production).  I wake up today with Prophecy Platinum up 114%.  And here is why!!  (Remember Prophecy Coal owns 44% of the outstanding shares of Prophecy Platinum :)

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