Precious metals

Fear sells

 

but who's buying ?

 

I'm curious how you say that there are no silver stockpiles but in the video you posted they referenced a heist that stole 16 tons of silver... That's like what half a million ounces?

And it's obviously stashed away in somebody's vault? Seems like a bit of a stockpile to me

 

Lifting your truck adds to your break over, approach, and departure angles, not your ground clearance. Bigger diameter tires help your ground clearance. As someone else stated, your comparison basically shows your lack of comprehension between related topics.

 

It sure gets quiet in here when we start throwing around nonsense like facts and reality. Oddly enough the economy is improving, silver seems to be readily available and the market still hasn't crashed...

Patiently waiting with my other troll friends here for the world to end

 

Hmmmmm let me see, corporate earnings and wages are up, employment is improving. Personal income is up. Americans are seeing a phantom tax credit with the reduced price of crude oil (gas, electricity etc.)

Silver is readily available, I have so much access to it it's not even funny...

I've been watching the market you bet. So the S&P has been flat for the last 12 months, you call that a crash? Seriously?!? That's kinda funny! So anyone who's been invested for longer than a year is actually making money. Anyone who hasn't and just started to buy into the market is what? Down a maximum of 11% and ONLY if they threw all their money in the market on May 22, 2015. I'd hardly say the market is crashing.

Where do these silver bugs get their data from anyway???

 

Corporate earnings for many companies are falsely reported as costs are being cut, not revenue improving. Many companies, and I will use my own (warner bros.) has cut 10% of staff earlier this year and last.
Employment is improving? Nope. When you hear unemployment rate is lower, they do not factor in people who are unmotivated and not looking for a job. Those people are increasing.

Yes silver is still available, FOR NOW.

The downslide of the stock market has begun in the last month or so, and will continue to over the next few years, especially since the fed isn't going to raise rates.

Where do I get my data from? Well, people like Jim Rickards, Paul Craig Roberts, and others you probably have never heard of. Look up some of their youtube videos. These dudes are way smarter than you or I, and only deal in facts.

 

So if the employment picture isn't improving how has personal income risen year over year?

PERSONAL INCOME AND OUTLAYS, JULY 2015

Personal income increased $67.1 billion, or 0.4 percent, and disposable personal income (DPI)
increased $61.5 billion, or 0.5 percent, in July, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $37.4 billion, or 0.3 percent. In June,
personal income increased $59.4 billion, or 0.4 percent, DPI increased $52.4 billion, or 0.4 percent,
and PCE increased $31.8 billion, or 0.3 percent, based on revised estimates.

 

Or do you mean unemployment as in the U-6 rate and not those collecting unemployment?

"The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those working part-time for economic reasons." Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the "marginally attached workers" include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over"

I mean surely you can't because this rate has been steadily dropping for the last 6 years too...

 

Yes, I go to Youtube to learn economics.

No offense, but if your source is on Youtube it's probably because he's not sane enough for BNN and too insane for Fox.

 

I agree with you on corporate earning not being an accurate measure for overall economic health. HP would be another example of a large corporation improving their profitability thru cuts rather than growth.

Unemployment is a little different. While the Unemployment Rate does not account for discouraged workers, the BLS does track various reasons for being unemployed including the number of persons leaving the work force relative to the total unemployment. http://www.bls.gov/cps/cpsaat27.htm From the data gathered, year-to-year national unemployment is down and number of persons leaving the workforce is also down indicating the decreased unemployment is attributable to persons finding employment and not discouraged into leaving the workforce.

 

So with only a YouTube econ knowledge I still know that 0 rates and talk of negative rates spell bad news....

 

So they are fudging the numbers to tell a story... because 5 % is full employment and even you guys know that we are not at full employment....

 

So then why is my front crossmember higher?? Must be magic.... just proving my point....