buy gold and silver long: food prices, etc. tell real story on $ value

food prices, etc. tell real story on $ value

There are ways to hold gold and silver prices down.

There is a strategic oil reserve to hold down gasoline prices and pay a little interest on the debt.

But there is no strategic food reserve, prices way up - only so much can be blamed on supply and demand.

And there is no strategic bathroom tissue reserve, prices way up - only so much can be blamed on supply and demand.

And there is no way to raise interest rates without increasing the debt.

These things tell me the dollar is over valued and that in the long run this will show up in gold and silver prices.

But the mainstream media is alive and well because there is sill a tiny demand for gold and silver in the investment markets, less than 0.5% (correct me if I'm wrong!)

This confirms the absence of a bubble.

In fact, James Turk, recently this month, June, 2011, said there not only isn't a bubble but that there never will be because people will end up using their gold and silver for money.

James Turk source is facebook, why buy gold? (and silver!), June 26, 2011:

"Simon Mills

Bruno Bandulet interview with James Turk

http://www.youtube.com/watch?v=u0Y5J2DJsvI

Dr. Bruno Bandulet (www.bandulet.de) and James Turk of the GoldMoney Foundation talk about about the gold market, the Euro and the European debt crisis..."

Source: http://buygoldansilverlong.blogspot.com/2011/06/food-prices-etc-tell-real-story-on.html

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