In this video I am comparing Gold Oil and Lumber against each other, thereby eliminating the USD for the “Value Assignment” of these Commodities. We still have to buy and sell these in USD, but it is important to have a forecast of how they might move relative to each other. By charting some “Expectations”, one has a map to navigate through the “trading and investing” landscape.
I beginning with a “Big Picture” view loosely illustrating how these commodities are inter-connected. Finally, we should understand these interconnections to “Blue Resource Marble in Space”.
It’s resilent, but fragile for human habitation….as we grow to 7, 8 and even 12 BILLION people yearning to reach higher levels of wealth, we could easily find ourselves “outstripping resources” that are either FINITE in Total Quantity or limited from a daily production rate perspective.
Duration : 0:9:26
[youtube MloL3AHDlkA]
December 18th, 2009 at 10:52 am
Cool!!
Cool!!
December 18th, 2009 at 10:52 am
I would try to …
I would try to enter at 1085 or so….but who knows….it might bounce right back.
There’s a report the Chinese are going to hold off buying, and that Barrick just closed their hedge books (3 million ounces)…so, they dried up as seller, and will add supply… so, first stop should be 1070-1085, if it breaks thru that next support 1030-1040…after that 950s is solid!!! Who KNOWS, who knows!!
December 18th, 2009 at 10:52 am
So far down do you …
So far down do you think Gold and Silver will go in the current correction?
December 18th, 2009 at 10:52 am
I never thought of …
I never thought of this before, thanks for your thoughts.
December 18th, 2009 at 10:52 am
Johnny, Mahalo man. …
Johnny, Mahalo man….
…and how will lumber affect home building… haha…. there are too many already in the US… but will put a dampener on China’s and India’s quest for 1st World dwellings (construction costs rise)…. just thinking!!
December 18th, 2009 at 10:52 am
Gold to hit $3,000 …
Gold to hit $3,000 by this time next year!
if the dollar falls this hard, then imagine what the price of lumber will be.
great video USCM!
December 18th, 2009 at 10:52 am
ive gotten my …
ive gotten my silver at an average price of 14.50 an oz.
better hurry
December 18th, 2009 at 10:52 am
Thank you Odin,
…
Thank you Odin,
I am gonna committ to begin buying physical gold and silver… yeah, they are cool things to have around (like coin or bullion).
December 18th, 2009 at 10:52 am
here in Cali it is …
here in Cali it is quite the investment
=-P
December 18th, 2009 at 10:52 am
i really enjoyed …
i really enjoyed the entirety of that vid.
well put together, got any gold or silver lately?
i got a 9oz piece of Chinese Bullion from like 1750 or something, it’s pretty cool =-)
December 18th, 2009 at 10:52 am
….HEMP…. I …
….HEMP…. I think that’s a different market..
Someday, there will be a HEMP index and fund….
December 18th, 2009 at 10:52 am
lumber…you mean …
lumber…you mean HEMP?? hehe