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View Full Version : Gold to be revalued @ 5,000-11,000 $$$




RileyE104
09-20-2010, 10:31 AM
YouTube - Jim Rickards- Gold Standard is Plan B and Revalue Gold at $5000+ (Dollar is Collapsing) (http://www.youtube.com/watch?v=7gSnV_krW0U&feature=recentlik)

Fredom101
09-20-2010, 10:38 AM
YouTube - Jim Rickards- Gold Standard is Plan B and Revalue Gold at $5000+ (Dollar is Collapsing) (http://www.youtube.com/watch?v=7gSnV_krW0U&feature=recentlik)

Wow, thanks for posting this, this guy seems extremely confident in what he is saying, and it's even more extreme than Schiff!

Cowlesy
09-20-2010, 10:41 AM
I watched him get owned on CNBC a few weeks ago in respect to his views on China by a former Merrill Lynch vice-chair of asia.

idirtify
09-20-2010, 10:46 AM
:eek:

few are replying because they all dropped everything and ran out to buy gold.

ctiger2
09-20-2010, 10:47 AM
I watched him get owned on CNBC a few weeks ago in respect to his views on China by a former Merrill Lynch vice-chair of asia.

Owned? I don't think so. They simply had different opinions. Rickards is wicked smart. It's simple math.

specsaregood
09-20-2010, 10:51 AM
:eek:

few are replying because they all dropped everything and ran out to buy gold.

If true, you can all join me in a trip to disney world. ;)

Acala
09-20-2010, 10:54 AM
Once you assume the US returns to a gold standard, his numbers (or even more) are inevitable. But I think there is some doubt about returning to a gold standard. They would prefer another scam first. After the collapse of the Weimar Mark, the Germans issued a new currency supposedly backed by German industrial property. It was a fraud, but it worked. So when trusting in God fails to back our FRNs, they might try something else.

youngbuck
09-20-2010, 12:46 PM
I think there would be world war long before we ever ended up back on the gold standard.

oyarde
09-20-2010, 12:50 PM
Silver ?