Precious Metals New Thread 2.0

Yeah nothing is being done and they are trying their hardest to keep us distracted on non issues.
Some guys are talking that they will just keep extending it because no one has the nads to deal with it and it's unpayable.

Some people are saying crash, but I don't agree, that would mean they are trying to fix it.
Trump is only talking about spending money he doesn't have, they are putting off fixing big O's over spending.

Not one single thing is being done, no one is talking about it.
So this tells me they will try to extend it as quietly as they can and do nothing till it pops.

They are going to ride this horse till they get thrown off.

They will keep inflating the market till the last minute.
They will keep saying everything is ok till it's not.
They will keep passing fake laws to pretend they ae fixing things.

 

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Yeah Ts first big failure.........
They are ignoring the debt ceiling.
No one is even talking about it.
They have enough cash till summer or fall before the dog and pony show.
Keep betting against the debt.

 

Hey Steve do you follow US politics at all? Has the debt ceiling ever really been an issue other than grandstanding? It's a non issue, it's how the government and our economy works. How is this a failure on Trumps part? You realize he doesn't actually set it right? This is congress's responsibility so hardly a failure on the part of the president.

So let's get back to PMs. How will this affect the price of commodities. Please stop trolling us with your scare tactics.

 

If you're worried about inflation, why not just buy TIPS? At least you get some coupon payments while also protecting your purchasing power. I find it hard to price something that doesn't generate any cash flow and in the case of gold, has limited industrial uses.

 

Boom, exactly what I've been asking.

 

Well it's like I keep saying.

I you trust the gov and think everything is fine, only invest in the digital world.

If you don't trust them, you need to find alternative physical assets.

PMs are very good ins, if you understand how money works.

We are the only country in the world that has been sheltered from a massive currency devaluation, but our currency has still lost 97% of it's value.

No currency last more than 50 years and we are at 43 years, countries are moving away from the dollar and planning for the next currency.
The inflation of the 70s was because we went from the gold backed dollar (1945-1973) to the petrol dollar(1974-201?).

It's only logical that we also prepare for the death of the petrol dollar and prepare for it's replacement.

PMs are how you transfer some of your money from the old currency to the new currency.

It's that simple.......................

 

Do you understand how many works?

Tell me how we're going to exchange our PMs for this new currency? Are you saying that all the cash we have on hand will be worthless and only those holding physical precious metals can exchange them for this new currency you speak of? Because really, if that's what you believe that's some next level conspiracy theories!

 

No, all the money we hold will just be worth less.
Just like in the 70s and they blamed it all on Carter but it was just the dollar being devalued.
High inflation is not the end of the world, it's just inflation.

But if we loose the war with Syria, or oil is sold outside of the dollar, the petrol dollar will go away.
And they will need to come out with a new dollar.

All of these will raise the price of PMs.

 

Shanghai Gold Exchange on brink of taking over control of gold prices following VIP meeting and actions after Fed rate hike
http://www.thedailyeconomist.com/2017/03/shanghai-gold-exchange-on-brink-of.html

Another rumor that China is looking to take over gold pricing.
Who knows when, but we do know they will take over the PMs pricing at some point and that by next January the COMEX will need to find a new way to "fix" the price.

 

I think I'm off the Trump train.
Passing some fake laws, playing the distraction game, ignoring the debt ceiling and now just burning money we don't have.
https://www.texastribune.org/2017/03/21/trump-signs-nasa-bill-aimed-landing-mars/
Trump signs NASA bill aimed at landing on Mars
President Trump signed a bill Tuesday authorizing $19.5 billion dollars in funding for NASA. U.S. Sen. Ted Cruz, one of the bill's sponsors, attended the bill ceremony.

And of course Cruz is right there making sure he gets his cut.

The odds of going to Mars is 0 and we are going to waste 19.5 billion on that... A subscription to Photoshop is only $50 a month...
Like I keep say these guys are all crazy...
But they are getting free money to blow until they have to default.....
They can just keep printing away.......

 

I mean we all know we've never gone to space and the earth I flat so I totally agree..

 

I thought politics was a banned topic on here?

 

Not talking about politics. Flat what???????? Just because nasa created all their images in photoshop???? That's according to them.. They don't need 19.5 billion for photoshop... I think there are a ton of more important things we could do with that money right now...

Just explaining why the changing of the guard has not change much just some superficial orders but nothing to really fix anything yet. Hopefully but I'm loosing hope and sticking to my plans for inflation.

Look how mad he was at Merkel today, she must have gave him some very bad news about the dollar. He even refused to shake her hand. Like a sore looser.

The dollar will be devalued and that is not changing. and big T will get the blame. But he's still spending like a kid in a candy store just like all the rest.

 

Well of course they used photoshop. Earth is flat like silver dollar. Pushing round earth propaganda because the dollar is being inflated like ball.

 

Maybe they need the 19.5 billion for the all the special filters and extra ram they upgraded for.

Flat like a silver eagle or a a silver maple??????

 

https://www.bostonfed.org/publications/economic-education/wishes-and-rainbows.aspx

 

http://www.zerohedge.com/news/2017-...helmingly-end-income-taxation-precious-metals

Idaho House Votes Overwhelmingly To End Income Taxation Of Precious Metals

 

And I'm done in this thread. I have family members that work in CSA and they don't photoshop all day. Enjoy your tin foil hat thread. I wish the mods would change the name to reflect that. While I do see the picture you are trying to paint it really is just a painting, an abstract of your mind, and not a conformation of reality.

 

http://www.zerohedge.com/news/2017-...helmingly-end-income-taxation-precious-metals

Idaho House Votes Overwhelmingly To End Income Taxation Of Precious Metals