maple_leafs182

Lots of people were saying we could not support a team. over 7,000 of 13,000 season tickets have been sold already and they haven't even started selling them to the general public. That is only from corporate sponsors and people who held Manitoba Moose season tickets.

Yes, officially announced. Thrashers coming to Winnipeg

Please, tell me all the reasons why that would be a bad idea. Do you really not see how much inflation hurts the poorest of the people the most.

You know nothing of the Tea Party, it was all grassroots but has now been somewhat co-opted. Ron Paul raised over 5 million dollars in one day his last presidential campaign, on may 5th this year he raised over one million dollars in one day. Him nor his campaign organized those money bomb days, random volunteers did, it was all grass roots. Stop watching the lame stream media, people like Sarah Palin have nothing to do with the tea party, let me repeat that, Sarah Palin has nothing to do with the tea party. If you want to learn about the tea party and where it came from, research Ron Paul's 2008 GOP nominee run.

How is Herman Cain the tea party favourite. The real tea party wants to end the Federal Reserve, I doubt a former director for the Kansas City Fed has any intentions on ending the Fed. The tea party started around Ron Paul's 2008 presidential bid, he is the tea party favourite. If you look at most polls, Ron Paul is always comes in first.

I don't understand why gold is considered so valuable, silver has far more intrinsic value then gold. Anyways, the market should decide what money is, it should not be determined by bankers. We need a 100% reserve requirements. If the people think the banks are lying and giving away more receipts then they have gold then the people can go and claim their gold and if the bank does not have that gold then the bank will fail.

Well I guess I'll bring this thread back to life. There is new speculation that Atlanta may be coming to Winnipeg.

.I think I think more in the long term. I don't think the economy can afford deflation for very long, right now the economy is too reliant on inflation for growth. There would have to be a collapse in the economy with deflation which you are right would drive up the US dollar not only because the amount of dollars in circulation would be shrinking but also because the US dollar has become the worlds carry trade currency and people would be forced to buy dollars to pay off their debts. I think what strength the dollar will show will be temporary and followed by its collapse. When the economy collapses again people will stop buying US bonds and probably rush into gold and silver.

You can digitally trade gold, you do not need to carry around the physical gold. I'll take a guess. Maybe he saw a bubble in the American bond market. If people stopped buying US bonds then the Fed would have to buy 'em and that would see gold and silver prices rise. Maybe he saw a risk of deflation in bonds. If he was talking about deflation in the economy as a whole, that would lead to a collapse which would probably be followed by more quantitative easing or loss in confidence of the dollar driving up both gold and silver.

I know you have previously said that you believe that the Great Depression was caused by the Fed. The Fed was responsible for inflating the stock market bubble which led to the inevitable bursting of the bubble and collapse of the stock market. The wealth of the public was stolen then. Look at what just happened in 2008, millions are losing there homes and the banks that were responsible for the collapse have gotten bigger, the wealth of the people continues to be stolen. There is no way the banks don't know what affect their policies have on the economy. Conspiracy or not, having fiat money and central banks is hurting all of us. How do the people not see that.

Fiat money is not like gold, silver or wheat in the sense that those commodities all have intrinsic value where fiat money has none. Even if people stopped accepting wheat, gold or silver as a form of money, they would still be worth something. Paper money is created out of debt and backed by the demand for that debt. It is not good to have a fiat currency, it gives far too much power to the banks over the economy. I don't buy that premise. I think the politicians may of thought that because that is how it was sold to them but if you look at the Federal Reserve in the states and the banking interest that pushed for the Federal Reserve Act, they were clearly looking to gain a stranglehold over the economy. Ron Paul announced he was running The first minute or so of this video is relevant to this conversation. http://www.youtube.com/watch?v=UBngrfL0B6U

Are you sure? I really don't think that was the reason, I think that was the message they used to sell the idea to the public. I really do believe the big banks and industrialists saw that having a Central bank would benefit them, it would give them a one up over all the others. I know that makes me sound like a conspiracy theorist but if you look at what has happened, that is exactly what has happened with Central banks. Honest question here, does that really sound that crazy? I think being able to steal all our wealth threw inflation was what the people who pushed for a central bank wanted.

I think CME raising margins may have been a good thing. I think it got a lot of speculators out of the silver market. I would rather see higher silver requirements so there is less speculation which means less chance of a chance of a speculative bubble being created. Don't want a bubble like the US real estate bubble created in silver. I think silver may fall more, I am guessing around 30, I will be making a big purchase then. Edit: went down to just over 32, that's close enough for me, just bought some more today.

Me

I don't understand what that last sentence means. I don't want to sound like a conspiracy theorist but at some level the Fed and the banks have to know what they are doing right? Central Banks had to of been installed to solely benefit big corporations because they clearly don't benefit the people.

Nope, that was just an assumption, they may have been sold out. I just asked if they had any for sale and they said no. I think they believe what they are doing is right, they are keynesians.

I like the idea of owning Oil, I think it would be good to have it in your portfolio. I was telling people to buy silver at $16.50 and that was early last year, most of my silver is still up in value. I still believe silver will be up in the long term. You buy on the dips, now may be a good time to buy. I am not trying to create a bear market for silver, the Federal Reserve is doing that job for me.

The two places I usually buy from were not selling. I think they are waiting for the market to rebound. Pliny, fighting inflation would be the right thing for the Federal Reserve to do and that is how I know they will not do it. Ben Bernake never does what is right for the economy, Bernake doesn't understand how the economy works. I will be amazed if their is not some form of Quantitative easing by the end of this year or early next year.

I agree. I think OBL being dead made the US seem competent which has renewed confidence in the dollar but I do not think this will last long. As you said Pliny, OBL being dead hasn't changed the economy. It looks like we may be hitting a floor, I think now may be an excellent time to buy, I will be picking up a few ounces tomorrow. As for QE3, I think the Fed may hold off on QE3 for a few months. They may wait till the economy takes another downturn before they can justify implementing another round of quantitative easing.

Conservative 141 Liberal 59 NDP 67 Bloc 39 Green 1 Independent 1

Within minutes following the announcement of OBL being dead silver fell over 5 dollars. I think I may trade some of my silver in for gold, I'll wait till silver goes back up to $48-$50 first.

Not Trump, Ron Paul. Look at all the recent polls, Ron Paul is number one. He has won the CPAC polls two years in a row, he has also came a couple percentage points away from beating Obama in a hypothetical 2012 election poll.

Ya, I am not that optimistic. I think a falling dollar will lead to massive unemployment, an increase in the crime rate, food riots, and civil unrest.

Yes, we live in a fucked up world where killing other people is viewed as being an achievement. Go Team! I also believe this is a good thing for the Conservatives, I think they do better at the polls because of it. Godsmacked, if this a conspiracy, I think influencing the Canadian election would be the reason for it. If the big corporation are in control such as the Military Industrial Complex, it would play into their favour having a Canadian government that would support America's military actions. I am not saying there is a conspiracy but there may be, war is very profitable.

I know my economics professor was suggesting that the US will go through a Japan like recovery where they will have periods of growth when the Central Bank and government are spending and contractions when deficits become too high and they cut back on spending. Something Richard Koo calls a Balance Sheet Recession. If the Fed does not have a QE3 then the US is bound to slip back into a recession. If that happens I would think silver would take a hit vs the US dollar in the short term. The US dollar has become the worlds carry trade currency and because of this people would be forced to buy dollars to pay off their debts in the event of an economic downturn. I think we could possibly see silver fall down to somewhere in the low 40s or even the 30s against the US dollar. However, if there is a downturn, I think that would be enough for the Fed to justify QE3. A side note, Peter Schiff brought to my attention that if you look at the US economy when priced in gold, silver or even some other currencies such as Swiss Francs, the US economy has actually been contracting. The Federals Reserves inflationary policies have just been making it appear as if there has been economic growth. With oil prices also on the rise I think we will see another economic collapse soon.