% | $
Quotes you view appear here for quick access.

Endeavour Silver Corp. Message Board

  • quailrunrd quailrunrd Oct 20, 2013 1:39 AM Flag

    Did anyone even notice?

    The U.S. debt clock clocked in above $17 trillion for the first time today. Another feather in the hat of America's fine achievements! Does anyone doubt that we will hit $18 trillion before the end of 2014?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The untold reality of gold and silver price controls
      By Dr. Jeffrey Lewis
      February 15, 2013

      A must read for all that invest in the gold and silver. The article begins with:

      "The financial backdrop to the current prices of precious metals like silver and gold is that trillions of dollars and other currencies have been created to reflate stock markets and attempt to create a recovery in the property market, which will only serve to re-inflate real estate prices back to their former unsustainable levels once again. This seems so utterly obvious, and yet it is rarely discussed."

      From me: For a longtime, I've been saying that currencies trade on property markets. Gold and silver prices have price controls from several groups (previously discussed), but it all reflects to corporate needs of metals.

      I would read the article by Dr. Lewis before ever trading metals or miners again. His article relates to stuff that I have written over the last few years and I highly believe that he is right. I think that manipulation will break (falling middle class) and gold and silver will rise. Compare middle class economic principals to real estate.

      • 1 Reply to newscentral2002
      • Commercial real-estate investment in the Asia-Pacific region (article CNBC - finance home page)titled "Asia's commercial property set for record year" is equal, if not more important going forward than another CNBC article titled "Aftermath of US shutdown continues to jolt dollar."

        Europe is important, but I'm betting on countries with running water to undermine the dollar in the years to come. It's about upward mobility being achieved abroad and a slowdown here.

1.38-0.08(-5.48%)Nov 27 1:02 PMEST