So Negative interest rates are next will run on Cash happen!

[sumdumguy]

For sure, short the banks

[biglentil]

90 percent of the gold and silver mines are bellow cost of production. Forget investing in the miners they will be nationalized anyways, forget buy the f#@#$# dip buy the f#@#$# physical. Buy, buy, buy because soon the chance will be bye bye bye.

[furrowtickler]

S/F , are you sure your not actually a Greek ? Boy the description sounded awfully like your life lol.

[stonepicker]

Cost of the bigger goldminers ( who produce most of the world's gold ) is anywhere from $750-$900 an oz.

[biglentil]

Public Co's pad the books. Just like estimated oil reserves in middle east padded heavily. The easy to pick fruit is gonzo people.

[stonepicker]

Pretty tough for any co. in north america to cook the books for any length of time. They all get caught.

[cottonpicken]

Perf,yes rates are negative to prop equities but mainly to stabilize bond markets especially sovereigns but it spins into corporate and private like enthrophy,a 200 trillion bond market with a 70 trillion global gdp is past the point of no return.They have to set the rates instead of the market setting the rates(which it normally does),because look at the math 10% of god knows how high debt=total bank wipeout=total sovereign wipeout=greece

its ends up debt default and restructure,just maybe never on this scale,half of the world defaulted on paper after ww2,and now everything points to ww3

One of the big problems the central planners are having is velocity of money,they need growth at all costs but nothing is moving,pushing on a string

Tom,i quarante that alberta bank system has more lent out then saved to the tune of 10 to 1,meaning if the book assets drop 10% your bank is toast,the back stop of the cdic is a joke,the government of alberta does not have the tools to deal with a banking crisis,the feds will step in and clense the books via qe,the legislation for full retard is already in place from flaherties last budget,bail ins,which i don't think will actually happen.

The checks will always go out,although it maybe wampum(look that up).

If you think your dollars will buy more gold in the future,well good luck with that.

[SASKFARMER3]

Furrow after I wrote about Greece I thought about that. But I don't get a gov check.
Now on selling I am not going to liquidate land. Looking at farm transfer with rent to own years down the way to my sons. Cheap rent just enough. I don't need to sell my land but not buying any more today. It's a hard asset. But will be slowing down a bit more each year. Working like a fool doesn't work. Working works but insane working only gets you a early grave. Work smarter.
But on cash hording is the question. Hundreds and gold if the shit show happens.
Tom Alberta treasury is nice but won't be a savior. Same with credit unions guaranteeing 100 percent of your money. Oscars are on. Go Sly!

[tweety]

Farmers don't have money so no problem.

[checking]

Might just as well upset Tom. Legally, you can take all the money across the line that you want. You just have to report it which is what legal means. Paper trail to prove it is not bad. Start watching "border security".

Ice, lad, have you never taken a bundle of 200k, all cellophane wrapped out of a bank. Give them to their next cash drop in our small communities, and if you can cover it, they will bring in all that you want. Just walk down the street, and put it in a safe deposit box. Suggest you ask for a large size one! (lol)