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Originally posted by GCDrift
...I have a question regarding this thread. If China pulls out, America gets left holding the bag, how would they fix this? they wouldn't be able to ignore it would they? and with employment rates and numbers dropping this would cause more strain? ...
Originally posted by eldard
reply to post by silent thunder
Dude, you do not hoard gold while they are sky high. Ten years from now when WWIII is over gold will return to pre-crisis. Why? Because people are stupid and they have a short memory.
Originally posted by theonlyrusty
The reason I say metals go down is because in my trading experience I have found that the market always does exactly opposite of what the masses are being told. Since we BOTH know that the markets are manipulated by TPTB, then it would fall right into their plan of getting the masses to buy the piss out of metals, so they can sell the piss out of their holdings and wait for it to come crashing back down so they can buy it back even cheaper.
Someone has to be selling all that stuff to people.....
Originally posted by theonlyrusty
On the day 911 happened, I didn't really see that peoples immediate thought was to go out and buy precious metals, even though some of us thought, "This is it, it can't get any worse". If the SHTF and the markets plummet, the only folks buying gold will be the Chinese and they will be able to buy it at firesale prices cause there will be no demand elsewhere.
The other thought, I have been reading from those who know the markets, is metals will take a big dive, when the stock market starts crashing (next week?) and people and corporations will sell off their metals to raise fast money to cover their margin calls, etc.
When that happens - metals will drop big time - that is when people need to buy - because after it all settles down, and those who needed to sell off the metals, have. The metals market will skyrocket to the moon - and not come down again anywhere close to what they are right now.