Skip to comments.
Silver, Gold And The Coming Deflation (The Great Tribulation)
TMO ^
| 7-5-2012
| Hubert Moolman
Posted on 07/05/2012 3:40:07 PM PDT by blam
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-31 next last
1
posted on
07/05/2012 3:40:18 PM PDT
by
blam
To: blam
2
posted on
07/05/2012 3:43:02 PM PDT
by
blam
To: blam
I own SLW and THM. I think if Gold falls enough I should buy the physical but it is too high now.
To: blam
"...When the price moves out of this triangle, it is very likely to fall or rise very fast (a very long way)..."
-
I'm on the just on the verge of buying another 100 ounces of old circulated morgan dollars.
Is that a smart move or a stupid move?
"Ay, there's the rub"
That, Mr. Shakespeare, is THE question.
(from Hamlet 3/1)
To be, or not to be: that is the question
Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous fortune,
Or to take arms against a sea of troubles,
And by opposing end them? To die: to sleep;
No more; and by a sleep to say we end
The heart-ache and the thousand natural shocks
That flesh is heir to, 'tis a consummation
Devoutly to be wish'd. To die, to sleep;
To sleep: perchance to dream: ay, there's the rub;
For in that sleep of death what dreams may come
When we have shuffled off this mortal coil,
Must give us pause: there's the respect
That makes calamity of so long life;
For who would bear the whips and scorns of time,
The oppressor's wrong, the proud man's contumely,
The pangs of despised love, the law's delay,
The insolence of office and the spurns
That patient merit of the unworthy takes,
When he himself might his quietus make
With a bare bodkin? who would fardels bear,
To grunt and sweat under a weary life,
But that the dread of something after death,
The undiscover'd country from whose bourn
No traveller returns, puzzles the will
And makes us rather bear those ills we have
Than fly to others that we know not of?
Thus conscience does make cowards of us all;
And thus the native hue of resolution
Is sicklied o'er with the pale cast of thought,
And enterprises of great pith and moment
With this regard their currents turn awry,
And lose the name of action. - Soft you now!
The fair Ophelia! Nymph, in thy orisons
Be all my sins remember'd.
4
posted on
07/05/2012 4:05:09 PM PDT
by
Repeal The 17th
(We have met the enemy and he is us.)
To: Repeal The 17th
Why not just buy silver eagles?
To: BipolarBob
The price comparison per ounce of silver between the two is just not there.
6
posted on
07/05/2012 4:15:39 PM PDT
by
Repeal The 17th
(We have met the enemy and he is us.)
To: Repeal The 17th
The price comparison per ounce of silver between the two is just not there.Gold and silver are similar is someways but depending upon their actual value to industry vs their value to the economy, they fluctuate somewhat independent.
Therefor I buy equal values of BOTH and will sell only when it is prudent and when that (silver vs gold) is peaked or peaking.
The other will peak at another time but I am covered by keeping a balance at most time and purchasing for replacement when it is lower in the cycle.
7
posted on
07/05/2012 4:36:07 PM PDT
by
jongaltsr
To: BipolarBob
The premium is too rich; with Morgans and other “junk” silver, your haircut is minimum.
8
posted on
07/05/2012 4:37:16 PM PDT
by
pingman
("Human history seems logical in afterthought, but a mystery in forethought." (Strauss & Howe))
To: jongaltsr
If the author turns out to be prescient, and a drop in the G/S Ration occurs as growth in silver outpaced gold percentage-wise, it’ll be a great time to convert your silver to gold. Trying to catch a parabola is tough though; they happen so quickly.
9
posted on
07/05/2012 4:41:55 PM PDT
by
pingman
("Human history seems logical in afterthought, but a mystery in forethought." (Strauss & Howe))
To: BipolarBob
I’ve been buying silver and gold coins, a lot more silver than gold, not because it’s an investment but I see it as my kids inheritance. I don’t know what the dollar will be like by the time they’re adults, or if we’ll have a completely different currency, but actual gold and silver will have SOME value, at the very least.
To: jongaltsr
I don’t buy gold simply because I do not know of a gold equivalent to buying circulated peace/morgan dollars AKA “junk silver”.
11
posted on
07/05/2012 4:56:01 PM PDT
by
Repeal The 17th
(We have met the enemy and he is us.)
To: ChocChipCookie
"...but actual gold and silver will have SOME value, at the very least." Bottom line common sense and good insurance...not losing everything.
12
posted on
07/05/2012 4:58:43 PM PDT
by
blam
To: BipolarBob
Silver is an industrial metal. Many uses.
Metals as a whole are nice to own.
Spot price on Copper is about $3.50 per pound.
Lead and copper both have many manufacturing uses.
And you can draw copper to make jackets for bullet and cast lead to form bullets. Very useful in unusual times.
13
posted on
07/05/2012 5:09:52 PM PDT
by
Texas Fossil
(Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
To: blam
I carry a silver 1964 Washington quarter in my billfold.
From time-to-time, when the situation is right,
I pull it out and pass it around to lecture about how
in 1964 that quarter was worth a gallon of gasoline,
and today it still is.
(It seems to be that soon we will be approaching buying two gallons of gasoline for one 1964 quarter)
14
posted on
07/05/2012 5:12:03 PM PDT
by
Repeal The 17th
(We have met the enemy and he is us.)
To: blam
After the general bond collapse and currency adjustment, we’ll see a great inflation in foreign products (imports) and extreme deflation in a few things made in America (especially labor).
15
posted on
07/05/2012 5:21:03 PM PDT
by
familyop
("Wanna cigarette? You're never too young to start." --Deacon, "Waterworld")
To: Repeal The 17th
why pay a numismatic premium over the spot price of silver?
unless you are building a collection of course or getting them dirt cheap... the meltdown value of a Morgan is less than $22
http://www.coinflation.com/
If you are interested in collecting Morgans, than go for the rare issues. If you are intersted in silver then go for Eagles or Maple leafs.... just a suggestion
BTW, I have bought some junk silver, especially dimes
16
posted on
07/05/2012 5:33:19 PM PDT
by
silverleaf
(Every human spent about half an hour as a single cell)
To: blam
What are your thoughts of purchasing land instead of gold and silver?
There are some great deals on land!
17
posted on
07/05/2012 6:42:31 PM PDT
by
kas7351
To: blam
What are your thoughts of purchasing land instead of gold and silver?
There are some great deals on land!
18
posted on
07/05/2012 6:42:50 PM PDT
by
kas7351
To: Texas Fossil
"Spot price on Copper is about $3.50 per pound.
19
posted on
07/05/2012 6:49:50 PM PDT
by
blam
To: kas7351
Didn’t Soros do just that about a year ago?
20
posted on
07/05/2012 7:23:21 PM PDT
by
STJPII
Navigation: use the links below to view more comments.
first 1-20, 21-31 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson