Sunday, April 10, 2011

Gold Silver Price Crash


What goes up, must come down. Money is more stable than gold, silver, oil or diamonds. The government tries to stabilize the value of money in the same way the oil and diamond cartels try to stabilize the price of oil and diamonds. It's good for these prices to be stabilized. We don't want to go out and purchase a $30000 SUV on a day that gas prices a dollar a gallon and then find the price is five dollars a gallon before we paid off our vehicles. You don't want to buy a $10000 diamond ring for your wife and find the value has dropped to $10, weeks after you have purchased it. Governments use money because it is stable. The price of gold, silver or diamonds could drop significantly if a new gold, silver or diamond mine is discovered tomorrow. The fact is we can manufacture gold, silver and diamonds. The only reason why we are not stamping out 10000 pounds of 1 pound bars of gold in factories, is because it's too expensive to manufacture gold. Once the price of gold is high enough or the manufacturing process is advanced enough, Clay will be converted to gold in factories. Just as diamonds are made in factories. Gold has reached a value of $1400 an ounce. A mountain of gold could be discovered cutting the price in half or lower. It is people like Alex Jones who are artificially driving up the price of gold and silver, with their scare tactics, they are using for their own profits. We could all jump onto this bandwagon of buying gold and telling everyone else to buy gold ...

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