Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Ad Space M-1

Board Rules

October 2016


Calendar Calendar

Ad Space M-2

Revv Worldwide

IQD/Oil/Commodities Charts


Ad Space M-3

Top posting users this week

Top posting users this month

Ad Space M-4

More Delusional Gold Theories?



Posts : 16630
Thanked : 808
Join date : 2013-01-12

More Delusional Gold Theories?

Post by Lobo on Tue 02 Feb 2016, 1:40 pm

More Delusional Gold Theories?

Posted on February 2, 2016 by Martin Armstrong

COMMENT: Every gold analyst says you are wrong and that gold stocks rose during the Great Depression as the only hedge. Would you care to comment. I bet not.
REPLY: Some of these people are not interested in the truth, and quite frankly, deserve what they will get. Why are they always so nasty? I suppose because they have been wrong. I really do not know what spin they now claim I have said. I really do not pay attention since most of their theories are just delusional.

Above is the chart we originally published in 1986 and the raw chart was in “The Greatest Bull Market in History.” Here is the same data in a modern chart. Since gold was “money” during the commodity boom into 1919, gold DECLINED against all commodities. From its high in 1916, it declined about 8.6 years into a low in 1924. Commodities peaked in 1919 and fell into 1932. So there was a major divergence between gold and silver. That’s right — gold declined when silver rose. Guess that one is not in their bag of theories either. If gold is “money” then, guess what, it will DECLINE against everything else and rise ONLY in depression/austerity.

So why is gold not rising with austerity or as a hedge against inflation? Gold must go through a realignment which it is accomplishing. It must align with the stock market and commodities in general because it is NOT money; it is on the private asset side at this time.
Gold shares rose WITH STOCKS going into 1929, which is something else they omitted from their bag of theories. Gold shares began to decline in 1930, but then they caught wind of the coming sovereign debt default in 1931 (see newspaper above). Then Roosevelt devalued the dollar, revaluing gold from $20.67 to $35.00 in 1934. So I really do not understand this nonsense for it is more delusional than Jeb Bush winning the elections.
Now out of real desperation, they claim gold will be reset at $5,000 to $100,000 and silver $400-$500. I really do not understand where they come up with this stuff, as if government will surrender all power and bow before them after laying down their weapons. Government would NEVER do such a thing, and in case they have not noticed, we are moving to electronic money; not bullion. Even if this wild theory were correct, government would confiscate the gold and make it a criminal act to even own it so they make the profit – not you. That’s what Roosevelt did; confiscated first and revalued second.
This must be analysis inspired by peyote. There is just no other explanation. If there is a reset, it will not be a return to the past, it will be more like back to the future — electronic.

The 2016 gold report will be out soon. We will make an announcement once it is available.
This entry was posted in Uncategorized and tagged Gold by Martin Armstrong. Bookmark the permalink.

    Current date/time is Thu 27 Oct 2016, 5:48 am