Comments on: Jim Sinclair: gold $1650 then $5000+

By: starfish00000

starfish00000 — Tue, 09 Mar 2010 23:56:05 +0000

@SF I’ve never seen that cereal before, and that’s a lot of cereal you have stocked up.

All those guys that say 5k or 10k gold etc. I wonder when it’s going to happen. Timeline I mean.

By: starfish00000

starfish00000 — Tue, 09 Mar 2010 23:53:10 +0000

@Numonic7

Interesting perspective. That’s one way of looking at it. I’m happy when my # of ounces increases.

By: Numonic7

Numonic7 — Tue, 09 Mar 2010 23:02:50 +0000

In the example of insurance, the $ value of silver is like the cost of the insurance while the number of oz you own is the coverage. Getting happy at the rise in price of Ag while prices of most of everything else is remaining stable is the same as getting happy that insurance is less affordable. You shouldn’t want the price of silver to go up before the currency collapse, you should want it to go up after. Remember silver is insurance which you’ll hold for as long as you hold fiat currency.

By: Numonic7

Numonic7 — Tue, 09 Mar 2010 22:44:38 +0000

Here’s the thing. My understanding of hyperinfllation/currency collapse is having an over 1,000% increase in the price of at least 90% of things priced in that currency. I also look at physical silver as insurance against hyperinflation/currency collapse so I have to say I find it weird that people are happy when the price of silver rises. That’s like getting happy the price of car insurance is rising. You shouldn’t be happy with the $ value of your silver but the amount of oz you have.

By: AgrippasNotebook3336

AgrippasNotebook3336 — Tue, 09 Mar 2010 20:55:47 +0000

That’s the trouble of grains sitting around a few months, you can never tell what’s gotten inside. I remember getting a box of Rice a Roni I’d had about 2-3 months and going to fix it -only to find that after I poured the rice in the pan, it started to move. LOL That’s why I make sure to put my grain goods in containers or the fridge/freezer for storage.

-They should have had some way of tracking whether or not it came from there. Goodness knows they have plenty of codes on the boxes.

By: 1mealperday

1mealperday — Tue, 09 Mar 2010 20:49:59 +0000

Local safeway most likely. we have 3 stores. Been a couple of months and bought a lot of food. The 2 stores i got the cup of noodles from both claimed it wasnt from them . Its not about the money, its about the trust in our food and the suppliers as well as the non functional FDA

By: AgrippasNotebook3336

AgrippasNotebook3336 — Tue, 09 Mar 2010 16:43:57 +0000

Where did you buy them from?

By: HumanAccount

HumanAccount — Tue, 09 Mar 2010 15:33:00 +0000

lay off the eggs and cheese bro and red meat…alot of fish and fruits and veggies

By: colm103

colm103 — Tue, 09 Mar 2010 15:29:28 +0000

Need some of that energy; so out today to buy Uncle Sam cereal. Maybe it will give me some HOPEIUM. Great Info.

By: ebut620

ebut620 — Tue, 09 Mar 2010 14:49:51 +0000

probably 20%, possibly 25%