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Survival and Preparations Long and short term survival and 'prepping'. |
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#5203
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Ridiculous to even try. And... it could go poof in a second.
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#5206
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Nope. It's gonna take many seconds for that to happen. You'll have plenty of warning.
If the world is ever so f'ed up that the US actually falls, you're gold will buy you jack squat. (That is unless of course if you have other means to maintain the army you'll need to protect you and your stuff.) |
#5209
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Platinum triple bottomed off $900/oz on July 11th.
Currently $1006 less than 2 months later. Platinum is kicking silver and gold on percentage gains over the past 2 months. Triple bottoms in price are great buying opportunities to find. http://www.apmex.com/spotprices/platinum-price |
#5211
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It may or may not be BTC that rules the roost in the future, but it will be some form of digital currency. I would suggest a small buy into BTC or ETH for anyone at this point. And hold. Last edited by skyscraper; 09-05-2017 at 7:43 PM.. |
#5212
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And my comments above don't even address the potential for an infrastructure interruption of serious consequence. The "net" isn't impervious by any means. People will freak. Bad things will happen. |
#5213
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No, never buy anything that's going up in value. Especially if you plan to hold it for a long time.
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#5214
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#5217
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#5218
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But as always, the rich will get richer..... My underlying point in all these discussions is rather simple though. A small percentage of folks will survive whatever comes along. They work harder. They are smarter, stronger, faster, more manipulative, and sociopathic than the rest. Nature. |
#5219
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But the technology isn't going anywhere. It's supposedly the biggest breakthrough since the internet began, according to "experts". (bill gates, McAfee, the twitter founder). Speaking of stocks, there's nothing that backs up a particular stock, just the faith that the company will stay in business . Same goes for BTC.... it only sells for a price that someone is willing to pay on the other side. |
#5220
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100% wrong on that last point. A public company with a solid balance sheet, a product people are willing to pay for, has in fact a lot backing it up. These "stocks" aren't just stocks. They own products that are in demand, real assets, IT, r&d etc etc and have brilliant people managing all the above. While a start up may require faith, a well established well run company is backed by plenty of real assets. |
#5221
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What coins? Are they "mint condition" bullion coins? If so, your friend isn't likely to realize any additional premium over straight bullion buying prices from a reputable LGS. If the coins are semi-numismatics or true numismatics, the best place to sell will be to buyers with specific interest in those coins. Without knowing which coins they are, no one will be able to give you any meaningful recommendations. So... what are the coins?
__________________
Regarding the 2nd Amendment: "...to disarm the people ― that was the best and most effectual way to enslave them." George Mason ("The Father of the Bill of Rights") Regarding Life and Death: "Do not fear those who kill the body but are unable to kill the soul; but rather fear Him who is able to destroy both soul and body in hell." Matthew 10:28 The BIG question: "What shall I do then with Jesus which is called Christ?" Matthew 27:22b |
#5222
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how
Not sure it goes poof in a second. The return has to be record setting in terms of time and investment. Clearly a $1000 = $50,000,000 in less than a decade? What else has done that?
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#5223
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Like everything. All that has intrinsic value have a base. Good companies and thier stock values rise and fall with the tides of the market. Precious metals the same in commodity markets...
However virtual items like bitcoin have no real value other that speculative.
__________________
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 |
#5224
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Nothing has ever done that to my knowledge. Which is one of the main reasons to be very leery.
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#5225
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Sent from my SAMSUNG-SM-N910A using Tapatalk Last edited by skyscraper; 09-07-2017 at 9:05 PM.. |
#5226
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Sent from my SAMSUNG-SM-N910A using Tapatalk |
#5231
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There will be an opportunity to buy metals when the stock and bond market takes a ****, which will happen in a year or two, depending how the Fed Res, gov't and wall street handle the next credit seizure.
Every time the stock / bond market take a ****, the leverage traders dump their most liquid asset (gold & silver) to cover their positions. At that point the metals drop sharply for 2-3 weeks, when the leverage traders have washed out of the metals market, prices stabilize when metals buyers absorb the inventory just dumped and prices start rising again. It will be a short period when metals will lose 50% + - and provide a great buying opportunity. That being said, the institutional & big money people have been loading up on gold & silver at rates never seen before. The SEC filings for corp officers selling stock is like watching the rats jumping ship, again, it's off the charts and pretty obvious that those in the know are cashing out of the stock market. Remember, gold & silver are not necessarily great investments, they're vehicles to conserve intrinsic wealth against fiat and worthless paper money issues by central banks. I think the metals will drop when the stock / bond market takes a dump, but the physical metals will still be worth "money" when compared to hyperinflationary paper money. |
#5232
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Anyone in Mining Stocks, ETFs, such as NUGT, JNUG, GDX and GDXJ?
they are lagging behind the current price of gold. think they will catch up? Any ideas if gold wiill break 1400 this time around?
__________________
2 HANDGUNS STOLEN! 1 RECOVERED READ HERE Chickens Want to get into Ham Radio? Click here http://www.calguns.net/calgunforum/s...d.php?t=202581 |
#5234
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As far as stocks go, I see them lasting (over all) as anyone with a retirement account is required to invest in them for a tax break (401k/IRA, ETC.), but there is no such requirment for btc, right?
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#5235
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Teeter-tottering @ about $17 for a while now...
People less scared of the economy with a non-Democrat at the top of the food-chain? I guess this is our mid-point price happy-place, or did people think they were going to get-rich-quick, then suffer reality, so it stagnated? Last edited by the86d; 11-28-2017 at 4:00 AM.. |
#5236
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Recently I've thought about investment. I thought about realty or gold. Today I faced with project on investment in gold. I have already heard about it. This is american project and it actively develops. There is website and info about actuality of purchasing and keeping of gold: https://solomon.gold/news/time-to-pu...-and-hold-gold
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#5237
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On top of that how many exchanges were robbed/embezzled? How do you convert to currency without a trusted exchange and/or escrow service. Crypto currency is western union or a hard currency grey market wire service without the supervision or ethics. |
#5240
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Some people watch multiple things, and buy low so they can sell high... or just hold, long-term. If Bitcoin (and other Cryptos) bounces a few times, then it will be something to look at, for me, but not right now. AG always seems to drop around Christmas time, and then again during the early months of the year (in recent years). AG at near another 1 year low... Last edited by the86d; 12-12-2017 at 4:04 AM.. |
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