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Survival and Preparations Long and short term survival and 'prepping'. |
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#922
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Stackers would love this prediction to come true.
Worth a peek to keep you from selling. Me thinks this controlled crank down in price is nothing more than to free up some physical. I never mark to market, learned that from el banksters. Let it fall, can buy more on sale ! Buy buy buy...Cramer time http://www.youtube.com/watch?v=aZwSiHBxm0c |
#924
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Is that because you can't write off any losses? Bastards got you coming and going don't they.
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#927
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Diversity is the answer. Cover your *** ets. ..
Where is the true value. Stocks Bonds? Brass Lead? Silver Gold? When it all falls down what do you think.
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God so loved the world He gave His only Son... Believe in Him and have everlasting life. John 3:16 NRA,,, Lifer United Air Epic Fail Video ... https://www.youtube.com/watch?v=u99Q7pNAjvg |
#929
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How many bitcoins were stolen recently? And want happened to the company that got hacked? Gone and gone right? |
#930
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Gold and silver have been looking extremely weak and are overdue for a relief rally... But there remains no compelling reason to buy. As before I see lower lows on the selloffs and lower highs on the rallies.
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#931
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Do banks go out of business? Where's Lehman Bros? How much of people's money has been used to bail out some of these banks? Do banks steal people's money? How many TRILLIONS has the Fed stolen in fiat dollars just the last couple of years? Bitcoin theft looks extremely tame compared to fiat dollars if you ask me. Do you remember how much the internet sucked in 1994? I do, look how awesome it is now and what a game changer it has become. Bitcoin is a technology.. it will improve greatly in the coming years, especially security. Maybe there will be more thefts, maybe another crypto will take over as king, who knows. Gold is at $1217, silver at $18, bitcoin at $400.. all are down likely due to the Fed's announcement it will continue inflating the dollar bubble another year. Although you can't really call it a bubble any more.. its more like the Hindenburg, and theres a thunderstorm in the distance.
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All systems fail |
#933
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Are you suggesting that gold and silver are dropping in price because the Fed is continuing to print more dollars? Isn't that the exact opposite of what you've been saying so far?
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__________________ "Knowledge is power... For REAL!" - Jack Austin |
#934
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The divergence of PMs in relation to the dollar will not last... thats my point.. PMs are severely undervalued.. something will happen. The dollar's days are numbered. Nobody has tried to deny that here so far, if you have a case to lay out for the endless upward surge of the stock market when the fake money ends, let's hear it.. something besides a one liner. The evidence is overwhelming that we are in a worse bubble than 2008, how can this continue? Where would you put your investments if you think PMs have no value? Also, please explain why other countries are now either hoarding PMs, or trying to take them back.
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All systems fail Last edited by Twinkies; 09-19-2014 at 9:27 PM.. Reason: more.. |
#935
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QE ends. Interest rates rise. Metal falls further.
The whole world runs on "fake money". Considering our competitors, the US will be last to fall and it won't be in our lifetime. I'll say it again, there is nothing wrong with owning some metal. But most of your investments should be growing, producing income or both. Metal does neither. |
#936
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This is an unproven assertion... I'll give a one liner anyways.. Record profits equals record stock market highs.. pretty simple stuff. |
#937
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Something those graphs tell us that's pretty important is that there is something way out of balance on the mining side of things.
The claim all in cost of gold is $12XX. Yet less than 10 years ago it was <$400. I'm going to guess it's not industrial demand because you don't see a spike between 1998 and 2001 when you had a huge technology jump. So clearly they can easily still produce much cheaper gold from good mines, they're just pumping up expenses with operations that don't produce. |
#938
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You NEVER pay too much for gold or silver -
You simply sell it too soon...
__________________
. $500 Donation to any Veterans Charity - Plus $500 Gift Card to any gun store: Visit 2nd Amendment Mortgage / www.2AMortgage.com |
#941
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be nice if the us mint would reduce prices (2 be more in line with current silver) They are happy to jump on the raising cost of silver bandwagon, but rarely go backwards.
I used to collect annually couple silver proof - for the kids. Now the prices seem too high. |
#942
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Well, to make those proofs they had to buy their silver a while back, when it was significantly higher. and being the treasury, they are not very likely to want to eat that loss AND being the sole source of proof sets, they don't have to.
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NRA Benefactor Member |
#943
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With current spot below $18, is it a good time to buy or wait?
What say ye stackers?
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Just taking up space in (what is no longer) the second-worst small town in California. |
#944
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PM's are NOT a good investment right now. Depending on how quickly and how high interest rates rise, Silver should fall in tandem. I don't see Silver over $20 again for some time...possibly years. It all depends on the Fed. The next rotation will be out of equities and into fixed income investments as interest rates rise over the next 2-3 years. I can see 5% 1 yr. CD rates toward the mid to end of 2016...maybe sooner. At that point most people in retirement, (the 70+Million Baby Boomers), will rotate out of equities for safer, income producing investments. Also, it has been 707 weeks since there was a 10% correction or more of the DOW & S&P 500. I expect a 10% drop in the next 6-8 months. |
#945
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The price will probably slide for a little while. I try to buy a few coins every month but will probably hold off another couple months before I make a larger purchase.
__________________
All systems fail |
#947
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Last edited by smashycrashy; 09-21-2014 at 8:36 PM.. |
#950
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Did anyone notice the article about the worlds billionaires and what they are hoarding......it's not silver, nor gold....
http://money.msn.com/top-stocks/post...ocid=ansmony11 JUST US dollars ! |
#951
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Also says they only hold 20% in Real Estate. They go on to say they much prefer a return of their asset today instead of a return ON their asset. One can draw they may actually be buying PM's as they have always been a excellent store of wealth. I don't find this odd in the least. I hold equal parts PM's and Cash, while no more than 20% in RE. I may have lost some value in PM's of late but I can go abroad now and get much more bang for my buck then a few months ago. It's a wash, it's what the rich are trying to do today because the system is in great despair. |
#952
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I can assure you, RE is not all it's cracked up to be. I've been in the commercial end for almost 4 decades. It is not an easy play. I was flipping homes 30 years ago. I bought my first home at age 21 with 100% financing and the 2nd shortly afterwards same way with a twist. I borrowed on my credit cards for the down which I had put in the bank. They required me to pay off a those cards to qualify. I said all I have to do is show you the receipt I paid the CC balances off with and I'm in? Yep they said. I had told my load agent I keep cash under the mattress, ha ha. I went to other CC companies borrowed equal to the down again and paid them off. Showed the receipts and closed escrow in less than 3 days. Flipped a $170k house in 2 months for $250k in a hot market.
If your not going to hold RE for decades, just like Gold/Silver you can't be assured a winner. Wealth was really made by speculators who bought DIRT or SAND and let urban sprawl make them rich beyond their dreams. Guess what? Dirt doesn't pay interest. I've seen a lot of building owners go bust or struggle struggle struggle to make ends meet. |
#953
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The way I read that article is that billionaires are fully invested in the stock market and aren't finding any other great place for their money. They already have RE, don't need more, PM's are poop, and everyone is convinced that interest rates will rise so why buy bonds? So stay liquid and wait for opportunities. |
#954
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Interest rates cannot rise. There is 3/4 of a Quadrillion in derivatives tied to interest rates that will trigger. Can't bailout those kind of losses.
Japan should be your guide, housing will go poop as Japan's did and interest rates will stay low foreva.... Until it all goes poop. Average car loan in the states a whopping $27,000. The system is on it's last debt leg with 50% of Americans making $27k a year. No growth in wages seen on the horizon. The system is primed for a reset, China and Russia aren't holding hands for nothing. We will get SDR's probably backed in part by Gold when it goes boom. And it is going to go Boom. Shorted the QQQ's today, risk on !!! |
#955
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IN THE END, NOTHING ELSE MATTERS
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#956
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Here's another article from msn. Apparently the world didn't get the memo that they should ditch PMs and invest in the US stock market. Suckers! http://money.msn.com/exchange-traded...-piles-of-gold Quote:
Silver is now at $17.65/oz
__________________
All systems fail |
#957
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6 & twink.
I wish no ill will. But reading the above is troublesome. The sky isn't falling and if it did gold will not save your dome. Confirmation Bias is not your friend. . |
#958
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Oh and the sky fell already for 1/2 of the Americans who can't keep up. Let's hope they stay off the warpath. |
#959
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#960
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Oh and for such a weak market day for gold/silver to be acting like they are is a bad sign for the metals, people selling off their stocks.. they aren't finding refuge in the metals. Last edited by smashycrashy; 09-25-2014 at 7:27 AM.. |
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