Precious Metals New Thread 2.0

Not sue if they went to the moon but we do know PMs are up again.

Hopefully we are entering another run up.
We finally broke above 18.25 (18.61) we are above the the 90 and 60 day average
Now we need to break the 19 mark and 1300 for gold...

 

Okay Steve. We're done. Have a nice evening.

 

He probably thinks the earth is flat too.

 

It's not flat?????

So I'm just a speck of dust in the universe???
Now I don't feel so special...........

 

Not sure about the shape of the earth but we do know that GOVs are trying to go to a cashless society to gain total control of your money....
How to facilitate Decashing from the IMF.........

 

https://srsroccoreport.com/warning-...-in-big-trouble-protect-with-precious-metals/
WARNING: U.S. Ponzi Retirement Market In Big Trouble, Protect With Precious Metals
At some point pensions won't be able to pay, so don't rely 100% on pensions........

 

https://srsroccoreport.com/it-begin...bills-to-remove-capital-gains-on-gold-silver/

It just keeps moving to the next level of real money.
If I'm making this up why is there a new articals everyday about PMs????
This is real and it's happening either with or without you...
very few times in life you get to be a head of the trade...
Pm's are a slow burn because we are ahead of the trade but when it hits it will hit hard, that's how Americans trade...
And can I add TAX FREE HARD ASSETS starting for as little as $5 it really doesn't get any easier......
IT BEGINS…. Idaho & Arizona Pass Bills To Remove “Capital Gains Taxes” On Gold & Silver

 

Finally found a real report about the missile strike in Syria.
We defiantly hit their air base but the were no chemical weapons there.

So I would say the goal of the strike was to scare off Russia from supporting Syria.
That didn't work.

Actual video from the airbase not just hearsay.

 

Is trump hinting that the crash is coming in September???
It would be the correct month just a year late....
I'm still in full safety mode till something changes.
I've got most my PMs, Truck paid off, low payment on the car, paying off her car and finishing working on the house...

http://www.zerohedge.com/news/2017-...enators-need-good-shutdown-september-fix-mess
Trump: US "Needs A Good Shutdown In September To Fix This Mess"

 

Looks like silver is still on a slow but steady up trend even with 40% more shorts this year than last year.
So looks the bottom was in 16 months ago and holding.
This looks like a nice dip to buy and I'll be buying this dip.
Again just a % should go into physical PMs that you can afford to hold long term.

The Trump bump was great but now that the money is in it might be over. Mad at myself for not anticipating that one.
But they bought out the top not a good move.
With PMs we are buying out the bottom, like Warren Buffet, we are buying good assets on sale.
So we have much more up side gain than down side risk.

But these crazy low PMs prices still makes trading miners dangerous even though the prices are good.
Company's are still consolidating, closing down and being bought out.
The good is there is very little money for exploration so at some point we will have a good 5+ year gap in supply.
The current mines are getting deeper and deeper and the yield is going down.
So it's hard to see now but at some point prices will have to go crazy do to supply shortages.

Keep stacking..........

 

Arizona Ends Income Taxation on Gold & Silver Coins
Posted on May 10th, 2017 - 1 Comment

 

Banco Popular fails and is bought by Santander

Banco Popular Español: Is This Europe's First 'Bail-In' Test?

Emergency funds failed to save Banco Popular from death spiral

How A “Bail-Out” Becomes A “Bail-In”

Not the first one but, may be the first mainstream bail in.................

 

What's going to come of this? Is this basically the signs of another collapse in the midst?

Everything takes time to conspire...are we months, or years away? Help us understand

 

IMO it means about as much as Greece's problems to us, not much. Spain as a whole has been an economic train wreck for a long time now. This isn't some overarching indicator.

 

No body knows, it's just one more step closer...
If you live in a flood zone you can't predict the flood but you know it coming so just keep preparing so when it comes it won't hurt as much.....

During these events I just raise my awareness in case I have to make my last moves..

 

I just wanted to point out that a "DC" plan is a defined contribution plan. They include things like 401ks. They hold no risk for repayment/running dry on retirees, because the money belongs to the employee from day one. Individuals may run out of retirement money, but there are no unfunded liability issues with them from the institution. Defined benefit plans are the ones that you need to worry about.

 

I have to look into this but here is the war on cash...
They want all of your assets to be "registered" (handing over title) and accounted for.....
Registering your bitcoins for example would in turn give the GOV control over your Bitcoins to tax, track, charge fees or enact rules on your post tax assets...

It's ok to spend your money on anything but assets that will increase your purchasing power according to big gov....
Because everything I have been talking about here is real and is happening little by little, like the boiling frog....

Senate Bill to Force Citizens to Register Cash Not in a Bank, Violators Get 10 Years in Prison
http://thefreethoughtproject.com/sb-bill-federal-assets-cash-seized/

I don't think this one will pass, but you can see that they keep trying.....

 

cool thread!