JANUARY 8, 2015 AT 9:12 PM We have not seen anything yet. I expect a continured dip in prices for about the next six months (deflation) followed by a massive rise in prices (inflation) as tons of $USDs return to the roost and the cocks in Washingtions. Matt McBride
(@MattMhmmcbride) JANUARY 8, 2015 AT 9:24 PM I heard an interesting tid bit this week that we use approx 1/10th of an ounce of silver per year with all the technology in our lives. Despite improvements and efficiency, this annual consumption will increase.
The move toward solar over the next decade will put additional pressure on silver production and prices.
Once the floor is eventually reached on this deflationary period, the dust settles, and the SDR reliquification begins, there will be some great undervalued commodity and resource productive investments to snap up. matt
(@speedspirit42) JANUARY 9, 2015 AT 2:23 PM Solar technology is very price dependent on cost of silver and with oil prices seeing new lows everyday, cost to install solar will be irresistibly low.
Historic average price of oil has been 7.2% a ounce of Gold. A few months ago Gold lead the trend down, oil was priced too high and now it has reversed. If oil stays here Gold needs to be priced at $700 a ounce.
That being said Silver will test support at $12. Building solar panels with Silver at $12 and oil at $50 or $40 should create a demand for those with a vision of the future and higher oil prices due to mid east regional instability.
Above ground quantities of Silver will be used up and then what, no longer will the Gold to Silver ratio be 70-1. More like 20-1 or less. And if Gold is added to the SDR basket then it fundamentally needs to be much higher then $700 to compensate for all the fiat in existence and all the defaulting sovereign debts.
May take a few years to play but but I see no other option then new highs for Gold and silver by 2020.
By then it will be rather difficult to find any to purchase. Might even be illegal, part of National Security.
And I have been thinking does it matter the price of purchasing precious metals ? Would I rather own stocks in some company that exploits natural resources, that lobbies to corrupt government and makes unmoral decisions in the name of profit.
Do I ever want to support that system? And in the name of fiat? Why would I want more fiat?
So why should we all be so consumed with SDR’s? Should we not be expending our time, energy and effort to create a world we rather see exist? Or a community?
Should like minded people just get up and move to some agreed on location that can provide a better quality of life? Is that not a public vote that says we the people are taking responsibility for our freedom and the cost of freedom?
Sorry for the rant, I hope some of you have thought these same questions and I am curious to your thoughts. Thanks. Pushkara Sally Ashford
JANUARY 11, 2015 AT 8:41 PM Yours is not a single voice in the wilderness, although how many of us are together in this stand of trees is yet to be assessed. Abundance and prosperity do not depend upon corrupt and short-sighted strategies. Many more of us are stepping into the better world you allude to. Hang in there. tristero888
JANUARY 8, 2015 AT 9:24 PM tangential, but causally connected? http://www.renewableenergyworld.com/rea/news/article/2014/12/big-news-more-tariffs-on-solar-panels-from-china
“US Commerce Departments finds China –- and now Taiwan — guilty of dumping solar panels and silicon on US soil.”
it’s a ** shame that US did not use all that QEflated liquidity to expand into renewables, etc. to at least give future generations something besides a sinkhole to stand in, instead of blowing it on swinging a geopolitical bully club and financing a frack-a-thon on behalf of their hustler banks and BigCorps.
oh well. Amerikanos better brush up on their post-war British history because there appears to be a sequel in pre-production stateside. coming straight to cable before you know it. Ozymandias 3
JANUARY 8, 2015 AT 9:33 PM There is a slowdown in the world economies as well as dramatic increases in available supplies from fracking, but the sudden drops in crude oil prices are not the primary result of lower demands.
The House of Saud is also making a serious political statement that they will not tolerate competition. I expect oil to continue to be lowered down to nearly $20/b and stay there for awhile with the specific intent of the Saudis to punish and drive away all fracking businesses except for a very select chosen few who can afford to maintain the drilling business.
By keeping prices down for an extended period after the junk bonds default, as well increasing production level, they are sending very clear messages for those that are smart enough to watch and listen. There recent contracts with China are not for accident or drill either (pun intented). Human events have a history and pattern of becoming very nasty and violent over oil. tristero888
JANUARY 9, 2015 AT 3:51 AM Going beyond conventional fracking with Aramco
Aramco takes a look at new ways to develop fracking technologies http://arabianindustry.com/oil-gas/news/2014/may/26/going-beyond-conventional-fracking-with-aramco-4709601/#.VK9Me4eJJKo
“The workshop served as the basis for inviting proposals and collaborative partnerships on the subject of hydraulic fracturing that will be conducted primarily from the Houston R&D center.
“Our workshop shared Saudi Aramco’s challenges, which are also the challenges of the greater industry,” said Mustafa Al-Ali, director of ASC Research & Development.
“We are investing for the long-term and are riding the technology development curve to create new and novel fracturing approaches while seeking shorter term, interim solutions.”” Susan Morris
JANUARY 8, 2015 AT 10:26 PM ‘acquiescence’? JC Collins
JANUARY 9, 2015 AT 2:38 AM ac·qui·esce verb ˌa-kwē-ˈes
: to accept, agree, or allow something to happen by staying silent or by not arguing patriciasmith03
JANUARY 8, 2015 AT 11:45 PM Today I read the following in vineyardsaker.co.nz which is the oceanic version of vineyardsaker.
“Starting today, December 22, 2014, fluctuations in precious metal prices, which were not truly free of manipulation, will be strictly regulated in US markets.
The dollar’s value in terms of gold will be an officially set constant amount and will in no way be representative of any inability to buy an ounce of gold, even for an astronomical amount of dollars.”
How do you think this will affect the SDR process you describe in your articles Regards Dripfood
JANUARY 9, 2015 AT 9:11 AM JC, it could also be concluded that the Saudies (rightly) predict they will never exhaust their oil wells, due to a certain and ever continuing decrease in world oil demand due to a rapid adoption of cleaner and safer energy technologies on a worldwide scale after the transition to the multilateral GFS.
JANUARY 9, 2015 AT 11:16 AM Dear JC, Thanks again for a clear, precise explanation of what is happening. You strongly imply that last-minute territorial or resource gains will be taken account of in the new system. Does that mean that there will be no ‘day of reckoning’ for theft?
I read recently, as well as all of the Ukraine shenannegins, that Dubai was moving the Masaïi off of the Serengheti, as they had just bought it (or something like that). Who will be left holding the rights to land and resources and commodities, and who decides?
Ozymandias 3 JANUARY 9, 2015 AT 6:50 PM If such a story is correct, then I would not think that the the Masaïi would peacefully depart the plains and hills of the Serengheti
Susan Morris JANUARY 10, 2015 AT 4:19 PM
toknowyourenemy JANUARY 9, 2015 AT 3:40 PM Brandon Smith has done an excellent job for those people who do more than just talk.
His posts are gaining real traction on many sites and recently, as it relates to that group of men who feel the need to play head games with the worlds inhabitants, he has ‘rung the bell’ –
penning this first rate piece. No doubt many of you already have read it, but it should be read, studied, and forwarded to each and every person you know –
even the ones you’re not sure how they’ll react……it’s time. http://www.alt-market.com/articles/2462-we-are-entering-an-era-of-shattered-illusions
Learning in the meantime – thank you Mr. Collins for your time and diligence – about the mechanics of the proposed changes, has at some point got to translate into actionable steps.
We don’t have to leave the classroom forever, but we will increasingly need more playtime since
painting a beautiful picture in exquisite detail of the giant wave approaching and doing nothing about our personal safety, is a foolish use of valuable time. 4th Turnings expend their energies completely.
Beware of linear thinkers who attack cyclical time and propose linear solutions such as SDR’s as a panacea for all that ill’s mankind. Cui bono, right?
Comments may be made at the end of Part 2 Thank You