A letter from midassmash

"Dear Jedi hives,

When do you reckon the price of gold will start to fall?

Would collectable coins suffer the same loss of value as gold bars?
Yes, I'm looking for the brown duck, I see the white duck, I see the brown duck, I want to eat them both because I am double hungry. That and I already have some limited collectable gold coins so I'm fucked anyway, I guess I could sell them.
Betting on the price of gold falling may be a worthy investment...
Advice and bitch slappery welcomed. -- midassmash"

...

Dear midassmash,

Gold will fall soon. What's important to remember, rather than cost, is RELATIVITY. Also yourself how EASY or HARD it is to buy an ounce of gold right now compared to say 5 years ago.
Gold was $600 an ounce 5 years ago, but more importantly, due to the housing boom 9credit boom) it was relativeley EASY to buy gold then. Ironically not too many people did this because back then it was seen as 'more profitable' to stick your credit chips in housing and real estate. Not too many people bought gold back then. Like morans they bough condos and fucking rehabs in the ghetto. Now they are worth nothing and are LIABILITIES rather than assets.



If you had bought GOLD back then, today the proce would have "doubled". I use quoty marks because of course gold did NOT go up in value, because everything else did as well.

The game is not about 'getting ahead'. That's what the SHEEP thinks. The TRUE game is about NOT ENSLAVING YOURSELF. If you bought gold 5 years ago, you did not GAIN per-se, but rather you have stayed THE SAME - which of course speaks volumes in a world where most everyone is not BEHIND. Power is INDUCTIVE. Meaning if someone is in a worse of position, THEYDIDIT2THEMSELVES. If your goal was to maintain your position, rather than greed, NATURE shall reward you.

With that said, gold will go down when money becomes scare. I.e.- when the 'economy is bad' / in a recession. Bargains are made when you BUY, not when you SELL. Bargain time is when the sheep all think its BAD. Sell time is when the sheep all think its good.

Right now we are in the BEGINING of a recession. Like always the LIFEKILL is what signals the begining of a NEW economic/business cycle. 9/11 signaled the BEGINING of the housing boom. And the next 'event' will signal the begining of the next BOOM PHASE. But of sourse to the sheep this marks the END of the 'good times' in their fear driven illogical E-motional minds. For instance, after 9/11 real estate prices PLUMETED as fear stricken sheeple nationwide were too afraid for their lives to even SPEND on 'big investments'. Prices crashed.

Today we are seeing the price of gold slightly rise. The reason for this is DENIAL. Sheep are struggling. Housing investments are silly, they fail. 401ks are being halved and loosing money every day. Stocks are all falling on the markets. So what does the sheep do with his precious borrowed money? He doesn't want to loose it, but all other avenues -- housing, stocks, 401k, etc. have been exhausted and are loosing value. So in a a classic freak sheep panic, he puts his money into GOLD, lol, AKA the 'safe haven' investment taught in sheep 'economy periodicals'. THIS is what caused the price of gold to go up to $1025 the other week, sending infowarriors into a feeding frenzy.

But there is a problem. Putting money into gold when NOBODY HAS THE CASH TO BUY ANY OF IT will naturally only last so long. There NEEDS to be BUYERS if prices are to inflate. In order for there to be BUYERS there needs to be CREDIT (aka money) for the sheep to borrow from. And everyone knows the banks are NOT lending right now. Not at all.

So everyones money is on $1000 an once gold right now. But NOBODY will buy. This -- combined with the OKTOBERFEST of swine-flu vaccination will cause a CRASH. The shell game CANNOT be played any longer, the sheep cant put his debt money into housing, he cant put it into stocks, and he cant put it into gold. THIS is when the LIFEKILL happens - it is the NATURAL end to this sort of bondoogle. And that is when gold will crash.

Do not bee FOOLED by the $1000 an ounce price. It is purely a desperation spike. It would be like if everyone started buying sacks of tomatoes tommorow, yes the price would go up, but then what - unless MORE, NEW people come into to buy at HIGHER prices all you have is a bunch of idiots hoarding tomatoes. NEMESIS warned of this years ago. *NEW* CREDIT is what makes prices go up, NOTHING ELSE! Without it, people just play a melodramatic shell-game of musical chairs until the LIFEKILL can 'balance the account'. BOOM/BUST/WAR.

We had the boom, the BUST is begining, and WAR(genocide) is next. There has NEVER been a historical case of TWO booms in a row, so NO, gold wont go from $600 to $1000, the up to $2000. It needs to BUST first before it can inflate again. So to answer your questions, and TRUST ME, I WILL BE RIGHT. When those news amplifers are amping up about swine flu and outbreaks, and quarantines, and vaccine shortages, and stampedes, and missed work, and closed schools, and general controlled mayheam, you had BETTER keep your eye on the price of gold, thats when it will slide.


--djhives AKA Kid genius AKA Bnevolent1