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Re: Congratulations to Jim Sinclair

By: Decomposed in ROUND | Recommend this post (1)
Wed, 03 Aug 11 12:54 AM | 34 view(s)
Boardmark this board | De's Test Board

Msg. 34208 of 45651
(This msg. is a reply to 34207 by fizzy)
Jump:

re: "Take your assets and leave your debt"

I have no debt - except for that imparted upon me by the clos and zimblers of the world.

By total coincidence, one of my closest Virginia friends paid off his Williamsburg property last night. He's now debt free too.

He credits me with pushing him into gold when it was $1,100/oz. His only regret is that he didn't get in when we first met, when I was hawking it at $650.

Anyway... he eventually got on board. He's a smart guy.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:

Re: Congratulations to Jim Sinclair
By: fizzy in ROUND
Wed, 03 Aug 11 12:27 AM

Msg. 34207 of 45651

I think it was 2002 or early 03 when I did some quick calculations adjusting historic prices for then fed numbers on dollar debasement and came to something like 2400 on the low end and 7700 on the high. But even I wouldn't have believed the government would do everything wrong at every turn, again and again and again. As I recall, back then sinclair was still a staunch republican and 1600 was approx the highest he would call gold.

Now, it is clear, there I'd no way out. More correctly, there is a way out but we've just seen proof that even now the clowns are at play and will not let a crrency system collapse interrupt their bread and circus.

wowser. Get out of the theatre while you can. Take your assets and leave your debt for clo and zimbler to eat.

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