Jim Rogers Comments On Triple Digit Silver And Issues Warning: "Parabolic Moves Always Col

[Agorism]

Jim Rogers Comments On Triple Digit Silver And Issues Warning: "Parabolic Moves Always Collapse"

http://www.zerohedge.com/article/jim-rogers-comments-triple-digit-silver-and-issues-warning-parabolic-moves-always-collapse

[Original_Intent]

Good to know that the dollar supply is going to collapse..

[american.swan]

Rogers makes a great point. Huge upwards movement without a corresponding dollar collapse is very bad.

[Agorism]

I think silver is too high.

[eduardo89]

Is Jim Rogers still in business with Soros?

[devil21]

With gold's current price, the gold-silver ratio is still 33-1. Silver would be at $91 TODAY at 16-1 ratio.

I really don't know what Jim is talking about. Define a currency collapse? It's not like the US Govt gets on tv and says "Sorry folks,dollar collapsed today. Carry on." Some would argue that it already has collapsed and silver is just catching up to it's historical 16-1 position. And gold is ALSO being shorted, though not as pervasively as silver has been. $100 silver WOULD be the correction that the free market has been calling for for years! It doesn't take a currency collapse for the free market value of silver to come through.

[youngbuck]

Is Jim Rogers still in business with Soros?

LOL!:rolleyes: I don't think they've talked for at least 20, probably 30 years.

[eduardo89]

LOL!:rolleyes: I don't think they've talked for at least 20, probably 30 years.

Oh really? All I knew about their relationship is they co-founded the Quantum Fund

[Indy Vidual]

"Parabolic Moves Always Collapse" is a true statement.
The short squeeze can keep the dramatic upside moving for a while, then THUD!!!
However, if the Global Currency System completely collapses, then we might see an "extended Parabolic Action".

[YumYum]

Do you guys really think that the powers in control will let the goose that lays the golden egg die? The puppetmasters have a great thing going on, and I don't think the dollar will collapse.

[AZKing]

//

[Indy Vidual]

Do you guys really think that the powers in control will let the goose that lays the golden egg die?
...

They will consider trading it for a younger golden goose named "Amero".


http://www.youtube.com/watch?v=bVe_sZkvRY8

[YumYum]

They will consider trading it for a younger golden goose named "Amero".


http://www.youtube.com/watch?v=bVe_sZkvRY8

No. Mexico is in deeper shit than we are. Their government has already borrowed against all of their oil reserves. We would be insane to have them attach to our economy. What I do know is that as long as our dollar remains strong, Israel benefits. I am going to China next fall ( I speak Mandarin) and what I have found out is that China ain't playing Israel's little game. Israel can't corrupt their politics, which is proof that appointment works better than election. Israel needs our central bank and our currency to survive and they need our economy to be healthy so they can continue to suck off the government tit. Don't count on the dollar collapsing: that is wishful thinking.

[Lucille]

Jesse (http://jessescrossroadscafe.blogspot.com/2011/04/jimmy-rogers-on-gold-and-silver.html):
I also think that gold and silver are making up for lost time, for the twenty year bear market during which their price was beaten down, held artificially low through central bank shenanigans.

[Lucille]

More from zerohedge's @williambanzai7 (http://twitter.com/williambanzai7/status/60915253915029505):

http://farm6.static.flickr.com/5230/5637553071_58830c172a_b.jpg

[AGRP]

The only thing that will be collapsing is the dollar.

[hugolp]

I think silver is too high.

We need to run for office: The silver is too damm hight!!


Is Jim Rogers still in business with Soros?

No. They parted ways long ago. Rogers supported Ron Paul in 2008 and has demanded the end of the Fed several times.

[Indy Vidual]

No. Mexico is in deeper shit than we are. Their government has already borrowed against all of their oil reserves. We would be insane to have them attach to our economy. What I do know is that as long as our dollar remains strong, Israel benefits. I am going to China next fall ( I speak Mandarin) and what I have found out is that China ain't playing Israel's little game. Israel can't corrupt their politics, which is proof that appointment works better than election. Israel needs our central bank and our currency to survive and they need our economy to be healthy so they can continue to suck off the government tit. Don't count on the dollar collapsing: that is wishful thinking.

Mexico is in deeper shit than we are.
OK, agreed.
Yes, also their Drug War is nasty.

We would be insane to have them attach to our economy.
Much of what we have done the last 25 years is insane, so your point is moot. :p

What I do know is that as long as our dollar remains strong, Israel benefits.

As long as our dollar remains strong?
Our dollar makes the :collins: look like an 8 foot TALL IronMan

:collins::p:collins:

Our Dollar is so weak that it might eventually get replaced.
Our Dollar is so weak that it is getting replaced, the BRIC nations just dumped us recently (http://articles.economictimes.indiatimes.com/2011-04-14/news/29417583_1_economies-food-security-local-currencies).

[ChristianAnarchist]

No. Mexico is in deeper shit than we are. Their government has already borrowed against all of their oil reserves. We would be insane to have them attach to our economy. What I do know is that as long as our dollar remains strong, Israel benefits. I am going to China next fall ( I speak Mandarin) and what I have found out is that China ain't playing Israel's little game. Israel can't corrupt their politics, which is proof that appointment works better than election. Israel needs our central bank and our currency to survive and they need our economy to be healthy so they can continue to suck off the government tit. Don't count on the dollar collapsing: that is wishful thinking.

I go to China about once a year (next trip in two months) as my wife is from there. My first trip was in 1994 and it's amazing how they've advanced since then...

[osan]

Do you guys really think that the powers in control will let the goose that lays the golden egg die?

If it gets them a step closer to their goals, absolutely they will. Hell, they'll put the bullet in it themselves if they have to.

This game is all about incremental moves in a direction. The game is 100% pragmatically based. The ONLY thing that counts is success. Means to that goal are expendable no matter how pretty they may seem. Anything can and will be employed and consumed to realize the objectives. If you believe anything else, you are being one of their fools. If the dollar dies, it will be replaced with something else that in the minds of the hordes of ignorant people will save the day.... until next time, of course. But with the change will come a shift in power and that is the thing for which to watch. The rest is just the smoke and mirrors game.

[Brian4Liberty]

Everyone seems to be using the term "parabolic" these days when referring to the price of metals. I believe the appropriate term would be "exponential"...

[Acala]

Everyone seems to be using the term "parabolic" these days when referring to the price of metals. I believe the appropriate term would be "exponential"...

Or asymptotic.

[devil21]

Everyone seems to be using the term "parabolic" these days when referring to the price of metals. I believe the appropriate term would be "exponential"...

Why would it be exponential? Exponential would mean that the price is silver is multiplying times itself. Silver would be $2116 tomorrow if it were rising "exponentially".

http://dictionary.reference.com/browse/exponent

[forsmant]

Everyone seems to be using the term "parabolic" these days when referring to the price of metals. I believe the appropriate term would be "exponential"...

A parabolic graph is an exponential one. x^2......

[forsmant]

Why would it be exponential? Exponential would mean that the price is silver is multiplying times itself. Silver would be $2116 tomorrow if it were rising "exponentially".

http://dictionary.reference.com/browse/exponent

That is wrong. A parabolic graph is represented by x^2. Where y is the price of silver. And x is time past. graph it!

[devil21]

That is wrong. A parabolic graph is represented by x^2. Where x is the price of silver. graph it!

Im not commenting on "parabolic".

That's what "exponential" means. $46 to the 2nd power (squared), which is 46x46. If something is jumping exponentially then it is doubling or more every move it makes.

http://dictionary.reference.com/browse/exponential

[forsmant]

Im not commenting on "parabolic".

That's what "exponential" means. $46 to the 2nd power (squared), which is 46x46. If something is jumping exponentially then it is doubling or more every move it makes.

http://dictionary.reference.com/browse/exponential


You are misunderstanding the parabolic graph. X axis represents time and y axis represents price. The price may take 3 months to actually become "squared" in price. So lets say the original price is 28 and you want to predict the price three days from now you take 3 and square it and add that to 28 or in equation terms; x^2+28.


http://www.algebra.com/algebra/homework/Graphs/plot-any-graph.solver type that equation in here and change the axis so you can see 28 and you will see a parabolic graph. A graph which is also exponential.


http://www.infouse.com/planemath/activities/pmenterprises/airfoils/resources/graph2.gif

http://www.algebra.com/cgi-bin/plot-formula.mpl?expression=graph%28+300%2C+300%2C+0%2C +10%2C+0%2C+100%2C+x%5E2%2B28+%29&x=0003

[forsmant]

no response :(

[xd9fan]

or how about this is what happens when 30 years of paper price suppression is released......

[MN Patriot]

You are misunderstanding the parabolic graph. X axis represents time and y axis represents price. The price may take 3 months to actually become "squared" in price. So lets say the original price is 28 and you want to predict the price three days from now you take 3 and square it and add that to 28 or in equation terms; x^2+28.


http://www.algebra.com/algebra/homework/Graphs/plot-any-graph.solver type that equation in here and change the axis so you can see 28 and you will see a parabolic graph. A graph which is also exponential.


http://www.infouse.com/planemath/activities/pmenterprises/airfoils/resources/graph2.gif

http://www.algebra.com/cgi-bin/plot-formula.mpl?expression=graph%28+300%2C+300%2C+0%2C +10%2C+0%2C+100%2C+x%5E2%2B28+%29&x=0003

So the point is, we are being exponentially screwed by the government and Federal Reserve. They keep creating money, and since they are first in line to spend the new dollars their purchases (bribes, kickbacks, shady deals) are less expensive than what those dollars will be worth for the average citizen later. Because of this openly understood situation, enlightened people are hastily buying precious metals to try and protect themselves from the future devalued dollars. In their haste, the price of metals will go up more than they realistically should. Eventually the markets will correct themselves and the price of metals will fall. Meanwhile, the average American who doesn't understand what is happening will have to pay more money for things and experience a decreased standard of living. They will blame the markets, business, everyone except the true culprits and the cycle will continue.

[TNforPaul45]

That is wrong. A parabolic graph is represented by x^2. Where y is the price of silver. And x is time past. graph it!

How about "Homoscedastistic." Doesn't really apply. Just wanted to throw an even more confusing word out there :)