Precious Metals New Thread 2.0

I don't think many people are selling PMs, but putting money in to the cryptos instead.
I was looking into them again today, worth 280 billion, based on nothing, no patents, no nothing, just free to use, like facebook.....
Defiantly GOV funded, why I don't know yet.
To convenience people to go to a crypto dollar(based on nothing) or to crash the system and trap the money. One of the 2 is what I think...
No business is allowed to be worth billions unless the insiders allow it...
No one knows owns it, but they will only make so many "coins"??? they have never ran out of "coins" but the price keeps going crazy???

Still should have thrown a little money at it a few years ago and road the train, too late now.. Plus the legal ramifications scare me..
They are like stocks based on nothing, with no rules and a chance to charged with money laundering.

 

I'm generally not a believer in people being behind the curtains pulling the strings, but if you believe in that kind of thing bitcoin could be a genius maneuver. Drive up the price of bitcoin (not a hard market to drive the price on, it is relatively small), everybody and their brother chases it. They chase it by selling things of real value, and even by taking out loans to buy it, which I am hearing more and more of. Once you got everybody in, jump out and then drive the price down with naked shorts (which the can do now because of futures trading on it). People see their money vanishing and pull what is left out and bitcoin crashes to essentially nothingness. Meanwhile they sold things of real value or took out loans that they have to pay back to buy something imaginary. Big transfer of wealth.

 

The pump and dump....

 

So sounds like Syria is over.
Maybe we can focus on making real money in the US again, instead of trying to steal it.
This is a victory for morality, but a big blow to the petrol dollar...

https://www.newyorker.com/sections/...until-2021-as-putin-declares-victory-in-syria
Trump to Let Assad Stay Until 2021, as Putin Declares Victory in Syria

 

The new Crypto Dollar now that the petrol dollar is almost over???
Still trying to figure out their game...
If it is just digital currency than why does it go up so much in value?

I almost got some a few years ago but never leave the country so why?
Now it has gone up way too much and feels like just a fancy ponzi scheme.

 

I don't trust these cryptos
https://www.naturalnews.com/2017-12...syop-roll-out-one-world-digital-currency.html

Evidence points to Bitcoin being an NSA-engineered psyop to roll out one-world digital currency

We know cryptos are gov made and to convert us to all digital money may the reason..

 

Here's how I see the cryptos.....

Treat them like a a digital ponozi asset (pyramid) that does have some merit that the gov may own.

You can't treat it like currency or money because currency holds value and can't increase in value.

It's not based on anything and stores no value.

It does offer an alternative to the banking system and it is going up in value.

The problem is it's the wild west and you could loose everything or make a ton... Some people are using their phones which are not secure.
It's also digital so it will leave a trail of everything you did, can be stolen, confiscated or just turned off. Regardless of their claims.

I say if you want to take the risk throw a little money at it and convert the profits to something real ......... Like PMs.........
They are more risky than stocks but no digital asset is safe until after this currency reset....

 

These are the things I have been saying about cryptos.
Don't bet the farm on these things.
Understand they are a ponzi and use extreme caution.
Take your profits and buy something real............

 

This is why I keep preaching to invest in real assets.
All fake digital assets are nothing but digits on a screen and can be manipulated in many ways.
Convert some of your hard labor into real physical assets, house, car, TRUCK, PMs, food, ect.
Pay off all the debt you can, be cash rich, have saving in and out of the system, have investment in and outside of the system.
All rich people have be buying real estate, collectible cars, paintings they have been buying as much as they can, buying as much insurance as they can.

https://www.coindesk.com/bitconnect-investors-left-lurch-tokens-price-drops-90/

https://gizmodo.com/bitconnect-anonymously-run-crypto-exchange-crashes-af-1822144652

Don't be a fool, there is no free lunch and no one gives away a trillion dollar idea.....

Some coins go up no matter what the silver price..... This coin is almost a 300% gain.............
Buy real things of value not pretend digital games............................

 

GOVERNMENT SHUTDOWN

The Trump bump is great but we still need to get the debt in line.....
That's one of the reason we are getting PMs.......

 

So they are just going to stress everyone out and mess with our day to day needs than they will just say it's ok to spend the extra and fire back up like nothing happened...

Until the dollar falls they can do what ever they want and create all the debt they want to...

 

Falling ore grades.
This is a very good reason to watch all PMs.
One of the top silver mines went from 16oz a ton down to 4oz a ton.
Silver overall is about 3 oz per ton average.
Gold is down to 3 grains per ton average. They are mining for gold dust at this point.

These mining companies are doing 2-3 times the work for the same silver but claim their cost are going down.

https://srsroccoreport.com/worlds-largest-silver-mines-suffer-falling-ore-grades-rising-costs/

 

Buy low sell high.

Silver is the most under priced asset in the word and is a real physical investment.

Cryptos are a great get rich scheme but before the bottom falls out get something real for your money....

 

Finally something is being done about the manipulation. Very minimal but finally something is being done.
Will this free the price??? Maybe not yet, but things are slowly going our way for the big gains....
And we will have real assets...

https://www.silverdoctors.com/headl...rs-arrested-for-spoofing-the-futures-markets/
New Details Emerge On The Traders Arrested And Banks Fined Today For MANIPULATING The Gold & Silver Markets

 

Here we go.........
Take your "untrackable" crypto 1099k
Focus getting real money not digital ponzis

https://news.bitcoin.com/coinbase-sends-american-clients-irs-tax-form-1099-k/

 

Cobalt is taking over the last year.
Defiantly something to look into.

 

State by state, country by country we are moving to real money
https://schiffgold.com/key-gold-new...nder-law-recognizes-gold-and-silver-as-money/
New Wyoming Legal Tender Law Recognizes Gold and Silver as Money

 

Unlike the the digital cryptos, when PMs finally take off it will be because of real market reasons...

 

fed raises rates again....
good and bad.
rates do need to normalize but now money isn't cheap any more.
Fed is going to force 2% inflation no matter what. This is bad for us, a falling dollar and inflation is twice as bad.
PMs rise on rate hikes...

 

Why is the petrol dollar's time running out???
Because we are bombing and destroying while the rest of the world is building and creating...