Gold: $470.60/oz

[Michael Fisher]

The value of the US dollar has plummeted almost 50% in the past 4 years.

Austrian economists on the New Hampshire Underground should send out a press release warning of a possible imminent economic collapse because of the currency, housing market, regulatory environment, lack of an industrial base, rampant consumption, and record household debts.

If we're wrong on the timing, oh well.? The collapse will happen eventually in any case.? This economy is simply unsustainable.

According to Austrian economics, this prediction is accurate.? If the collapse happens soon after our prediction, the boost to our credibility will be unprecedented.? ?

We cannot stay silent, then claim "we told you so!" after the fact.?

[Russell Kanning]

Average people don't look at those that pointed out the insanity as knowledgable ..... even when they are right.

[Michael Fisher]

That is true, however, Austrian economists make predictions that come true, and news stations want to interview them to find out how they knew.

[Russell Kanning]

I predict that over the next 50 years Gold/Silver/Oil/Wheat/Cattle will go up in value vs. the $

[AlanM]

The pressure put on the system by the retiring baby boomers will most likely tip the scales against the economy, causing it to implode. Or perhaps China will decide to stop buying treasury notes. Who will pick up the slack?

[AlanM]

I predict that over the next 50 years Gold/Silver/Oil/Wheat/Cattle will go up in value vs. the $

How do you know this? Are you a genius? A Svengali? I just can't imagine how you figured that out. 

[Dreepa]

When the shit hits the fan, showers will loose their importance and stop being available.? The problem will be aquiring and protecting food.

hey if you guys are going thru end of the world mode here is a resource that will help you; throw it on your laptop and then after a disaster you can keyword search it for info on water treatment, first aid info etc.? ?Sure it's better to already know but this will help fill in the cracks without you needing internet access or constant electricity.

http://home.earthlink.net/~dadaorwell/disaster.htm

Dada this is a great idea!!!!!!!!

[Michael Fisher]

Almost $500/oz...

The value of the US dollar has plummeted almost 50% in the past 4 years.

$501.50/oz   

[Kat Kanning]

Silver 8.35

[Michael Fisher]

sigh...

Though burned repeatedly, technology investors will never learn.? ?

[Russell Kanning]

It is hard to know how much Google is worth, but the current price seems too high.

[AlanM]

It is hard to know how much Google is worth, but the current price seems too high.

Stock is worth whatever a willing buyer will pay. A fool and his money are soon parted.

[Dreepa]

Silver 8.35

Damn I was going to buy silver from Phoenix at 8.02.

[Michael Fisher]

Au:  $502.70
Ag:  $8.54

[Michael Fisher]

Au:  $509.10
Ag:  $8.61

Uhh guys... the economy is collapsing.