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Survival and Preparations Long and short term survival and 'prepping'. |
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#521
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I read just the first few posts and then the last page of the thread. Sorry if this has been mentioned. ...
I just watched several episodes of the new series "Ice Cold Gold" where a team is mining in parts of Greenland where the ice sheet has retreated. They are currently mining rubies, but I'm sure it is only a matter of time before explorers there strike gold. These places like Greenland and Antarctica are the ancient rock "cratons" where all these precious gems and metals are found. Also the huge new Oyu Tolgoi gold and copper mine in Mongolia is just starting deliveries of an estimated 1.7 million ounces of gold. If I was to bet, it would be the gold and precious metal prices are vulnerable to new discoveries like this. |
#523
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It should be noted that today, the "Golden Cross" was reached @ $1,301.
This now signals a very bullish sentiment for the metal. I would have been a buyer yesterday but I have to stick to my formula for now, 1/2 metals 1/2 cash and boating accidents. I need to make more, this is going to slow. ha ha Inflation or deflation? What's it gonna be doc.... |
#524
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Deflation
How would metals help you in deflation?
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#525
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They do not...... Unless you need werewolf bullets, shiny fishing weights or the like. Six has a relevant argument about inflation. But he's a one trick pony. That won't get you home IMO. |
#526
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So why the huge spread in gold / silver today? Which is over priced and which is under priced - the spread it nearly 65 to 1.
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#527
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I would suspect after an initial euphoria they would sit on it like De Beers and keep the prices artificially high. Depending where it's at a government might take it over.
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"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson 9mm + 5.56mm = .45ACP + 7.62 NATO = 10mm + 6.8 SPC = Et Verbum caro factum est et habitavit in nobis; Jn 1:14 |
#528
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No tips from anybody...?
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#529
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#530
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What is the average? |
#531
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The fall for metals is far from over. I stand by my long term prediction that gold will get closer to 800 before it hits 1500. Just my opinion...... |
#534
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I'ma buy a bunch of silver if/when it hits 18
__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson 9mm + 5.56mm = .45ACP + 7.62 NATO = 10mm + 6.8 SPC = Et Verbum caro factum est et habitavit in nobis; Jn 1:14 |
#536
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I didn't buy enough the last time it was that low. If it goes lower, I'll buy even more, of course.
__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson 9mm + 5.56mm = .45ACP + 7.62 NATO = 10mm + 6.8 SPC = Et Verbum caro factum est et habitavit in nobis; Jn 1:14 |
#538
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Barry is dumping tons of fools gold into the market driving prices down.
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CPRA org “Silence makes cowards out of the best of men” –Abraham Lincoln 🇺🇸 ⚔️ 🦅 Wounded Knee is the prime example of why the Second Amendment exists, and why we shouldn’t be in such a hurry to surrender our Right to Bear Arms. Without the Second Amendment we have no way to defend ourselves and our families. |
#541
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If it gets that low I would expect the dollar at 70 and we are in a world of hurt.
I will use most my cash at that point and buy whatever I can, because that will be financial SHTF. |
#542
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I'm with you ill be backin the truck up...
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The laws that forbid the carrying of arms are laws of such a nature. They disarm only those who are neither inclined nor determined to commit crimes.... Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than to prevent homicides, for an unarmed man may be attacked with greater confidence than an armed man." - Thomas Jefferson (quoting 18th century criminologist Cesare Beccaria)" |
#543
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DXY was at 73 in 2011, I don't remember the world ending.
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#544
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By 2011, China and the US had probably pumped 20Trillion into the world economies in funny money. Try pulling that fast one again.
While you don't believe it, that's why we are in a world of hurt now, it's just the masses aren't hungry enough yet, but they will be soon. |
#545
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http://cgi.ebay.com/ws/eBayISAPI.dll...tchlink:top:en
20% discount. This afternoon they had sold around 2000 orders, now past 7750 orders. Question: Why are they dumping it? Do they anticipate another price drop? Not a horrible price for ebay. |
#548
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i have used Apmex and AJPM.com but shop around, they all have sales and depending what you want you can get silver for like .89c over spot. Eagles will usually be ~$3 over spot. i have gold and silver from 99 that i didnt cash out at 1900 so im holding on. not adding to my gold at this time. i try to buy a tube of silver eagles per month. i didnt buy any silver over 30 |
#549
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Don't forget about provident, never had a bad experience from them yet.
__________________
The laws that forbid the carrying of arms are laws of such a nature. They disarm only those who are neither inclined nor determined to commit crimes.... Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than to prevent homicides, for an unarmed man may be attacked with greater confidence than an armed man." - Thomas Jefferson (quoting 18th century criminologist Cesare Beccaria)" |
#550
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Except things are getting better not worse... still... |
#551
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silvertowne.com is a great place to buy a silver buffalo from time to time, specifically when silver is down like now. They sell about $1.20 over spot with free shipping.
They also sell some of their ounce bars at same price for free shipping. I buy a coin here and there for $21 when I have the spare cash. |
#552
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We don't hear about it here, well you don't anyway. Just think if they had guns. |
#553
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http://www.golddealer.com/ |
#554
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Pretty crappy week for silverbuffs. Did it go under $20 again? I wasn't watching really - need to look it up.
You know that mass creation of money the SHTF crowd keeps worrying about probably isn't even keeping up with the expanded economy of the world; but don't let that stop you from prepping. |
#556
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Never hit $18 that I saw. I got paid today so will probably a tube of Eagles or Maples tomorrow.
__________________
"No free man shall ever be debarred the use of arms. The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." -- Thomas Jefferson 9mm + 5.56mm = .45ACP + 7.62 NATO = 10mm + 6.8 SPC = Et Verbum caro factum est et habitavit in nobis; Jn 1:14 |
#557
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__________________
The laws that forbid the carrying of arms are laws of such a nature. They disarm only those who are neither inclined nor determined to commit crimes.... Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than to prevent homicides, for an unarmed man may be attacked with greater confidence than an armed man." - Thomas Jefferson (quoting 18th century criminologist Cesare Beccaria)" |
#558
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#559
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How silver-gold price is artificially held down
Paul Craig Roberts explains in this article why and how the price of gold is suppressed every time the price of gold starts to rise dramatically (as the dollar starts to fall dramatically).
Article: http://www.paulcraigroberts.org/2014...rve-integrity/ In short, maintaining the value of the dollar is more important than allowing gold to have a true price. You might be waiting a very long time before gold breaks out of the shackles placed on it by the Federal Reserve. Silver tends to track gold and therefore may also be subject to similar Federal Reserve control. |
#560
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That's why I moved a bit into collector coins, I managed to pick up the odd coins at spot or slightly over when I can then sit on them for a while and sell them with the premium later. I've seen a lot of people get burned by gold purchases because they didn't do their home work. |
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