Precious metals

If we are at full employment and everything is soooooo good, why are we still at panic rates for 7 years???
Because we are still in panic mode.... Well the fed is........ Might have something to do with the 18 TRILLION debt......

I don't want to be right, but unlike you, I'm not going to wait for Katrina to hit and then say, oh shit maybe we should do something.....

 

So if we are panicking like you say we are what's happening in Japan? They been lower for longer and I don't see them imploding under your hypothesis. How do you explain that? I mean you do understand economics right?

 

Historical Japanese interest rates. Why haven't they blown up yet? I'd imagine by now silver would be hoarded by the ton according to you right?

 

They are part of the IMF, so far now the IMF makes the rules, so a country that is in trouble like the US or Japan can print endless money and not get devalued but at country with positive GDP and little debt will have their currency devalued..... A lot of these smaller nations are doing great they are just being fucked over by the west... So many break down and just use the dollar.... But then we force them to have a central bank and force them to take out loans they can't repay... Bankrupt them and take their assets.... That is why most of the world is sick of the US....

It's not if the money is good, it's who gets to make the rules........ And the BRICS and eastern nations are working on changing the rules.....

PMs will go up either way, but when the US looses reserve currency status you will need to have hard assets to preserve your wealth, PMs are just 1 choice, the cheapest and easiest to get.....

 

So you're saying 0 rates are good???

Again they are part of the IMF....

 

Like Japan, 0 rates are because the economy is in bad shape and the have huge debt....
Now countries just stopped buying their debt, so the fun is just going to start........

Everyone knows 0 rates are bad.........

 

0 rates are not necessarily bad, looking at one variable while ignoring the rest of the equation is ignorance of the highest degree.

 

Now that is just stupid troll talk........
Everyone knows 0 rates are bad........ Got to at least try........ come on wake up make up something that at least sounds good.....

 

Wow really? So a country that has has near 0 rates for over a decade has continued to thrive and innovate yet it's still all doom and gloom huh? I guess everyone in Japan is just faking it right now. So tell genius, when is the "bubble bursting" in Japan? Soon? It has to be right? Rates at 0% is the death of all!!!!

 

Again saying 0% rates are good is just stupid.. Everyone knows 0% rates are bad, no one is going to fall for that crap...
Go make up a real argument, no one is buying this one........
That's why the dow dropped almost 600 points because the fed keeping rates at 0 is such good news.....


mmmmmmmmmmmm troll taste good.....

 

eagles holding at 22.57 physical price......... Fake price 15.11.......... $7.47 premium.
This happened the last time silver bottomed, premiums keep going up........
That's why I recommend starting with Eagles and maples because they also have better resale.....

 

Hahahaha I'm not even going to argue with the idiot who can't make a cash withdrawal at his own bank without a supervisor having to intervene. We're not even in the same class.

 

Financial repression is a term used to describe measures sometimes used by governments to boost their coffers and/or reduce debt. These measures include the deliberate attempt to hold down interest rates to below inflation, representing a tax on savers and a transfer of benefits from lenders to borrowers.

Capital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country'scapital account.

Types of capital control include exchange controls that prevent or limit the buying and selling of a national currency at the market rate, caps on the allowed volume for the international sale or purchase of various financial assets, transaction taxes such as the proposed Tobin tax, minimum stay requirements, requirements for mandatory approval, or even limits on the amount of money a private citizen is allowed to remove from the country. There have been several shifts of opinion on whether capital controls are beneficial and in what circumstances they should be use

Fiat Currency

1. A fiat-money currency greatly loses its value once the issuing government or central bank either loses the ability to, or refuses to further guarantee its value, otherwise know as Hyperinflation. Some examples are the Zimbabwean dollar, China in 1945 and the Mark in the Weimar Republic in 1923.

0% interest is an indirect tax on savers.....

We are under capital controls right now........

Our money is being devalued every day.....

Capital controls are used with financial repression to direct your money to limited areas that can be control and/or confiscated in case of gov default on their fiat currency...

so far, Cyprus, Austria, Greece, Argentina, Mexico, Detroit and more to come and too many to list....

 

This is the #1 reason to get PMs....


We are at 95 years.....
We will loose reserve status be for I retire.....

 

So using your thesis you've been short the US stock market and loading up on physical silver for the last several years missing out on one of the greatest markets in history right?

 

And the sky is falling and Russia will join North Korea and Iran in bombing us to oblivion...

 

I stopped adding to my fidelity account 2 years ago and went to the min in my 401K that currently makes that trade a push the market is only 2% up from 2 years ago..... Switch to merging market fund in january, that should have double but the fund manager is an idiot so I sold for a 18% gain, now it's in the tank.... Now in my 401k I'm sitting in cash..... I shorted the market in May and nailed the top and I'm up around 28%..... I've been adding silver for years and the lower the price gets the more I add....

Silver price bottomed a few months ago and now it's going back up.... I may have nailed the silver bottom also........

I was a little ahead of the trade last year but this year I'm nailing it perfect........We'll see by the end of this month....
and the IMF meeting next month.......