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<p>[QUOTE="Kasia, post: 1321799, member: 31533"]Looking at this with the perspective of hindsight ( I played about 1/2) of it, It seems that he was certainly predicting the coming years. And looking with hindsight, everybody who had a chance to sell homes with the height of the market should have, with the proceeds going to renting a place and buying silver and gold. Anyone who did that would have been a winner. </p><p><br /></p><p>It is interesting that he basically postulates that the price of silver and gold are skyrocketing due to them being the harbingers of inflation in our economy rather than the dollar bill. That instead of runaway inflation seen in a hyperinflated money system of a country, it's being seen in the Precious Metal market, but that in reality, the market is simply hiding the high inflation we are going through. Also in the price of things that we will continue to consume, but that is outpacing any increase in living (i.e., gas prices for cars), and in effect also deflates the dollar by decreasing what the dollar can buy.</p><p><br /></p><p>That could be happening, which of course time will tell, but he is either being spot on and has a basis for it, or he is simply a person who chose one of a 50/50 chance of being right in his prognostications, and happened to be "correct".</p><p><br /></p><p>Now as far as your question as to "who he is", I don't know, as I never heard of him before, and don't have information that will help me determine that.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1321799, member: 31533"]Looking at this with the perspective of hindsight ( I played about 1/2) of it, It seems that he was certainly predicting the coming years. And looking with hindsight, everybody who had a chance to sell homes with the height of the market should have, with the proceeds going to renting a place and buying silver and gold. Anyone who did that would have been a winner. It is interesting that he basically postulates that the price of silver and gold are skyrocketing due to them being the harbingers of inflation in our economy rather than the dollar bill. That instead of runaway inflation seen in a hyperinflated money system of a country, it's being seen in the Precious Metal market, but that in reality, the market is simply hiding the high inflation we are going through. Also in the price of things that we will continue to consume, but that is outpacing any increase in living (i.e., gas prices for cars), and in effect also deflates the dollar by decreasing what the dollar can buy. That could be happening, which of course time will tell, but he is either being spot on and has a basis for it, or he is simply a person who chose one of a 50/50 chance of being right in his prognostications, and happened to be "correct". Now as far as your question as to "who he is", I don't know, as I never heard of him before, and don't have information that will help me determine that.[/QUOTE]
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