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To: grania

I’m the same way. If I can’t figure it out it’s gotta be rigged. Right! ;^)


14 posted on 07/20/2015 4:43:41 AM PDT by Lurkina.n.Learnin (It's a shame nobama truly doesn't care about any of this. Our country, our future, he doesn't care)
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To: Lurkina.n.Learnin; expat_panama
expat said: some say it's supply and demand

That's what led me on this current path of extreme bafflement. A few weeks ago, the demand for silver eagles was so great that their production had to be suspended for awhile. It costs more to mine and process silver in the US than it costs us to purchase it. And still the price of silver breaks through lower boundaries.

Follow though what I'm wondering. Remmeber back at the beginning of the recession, when the bank situation was spinning out of control? Those real high costs of gold and ads encouraging people to sell gold stuff for cash served to put money in the economy (and also to get gold out of the hands of the public).

Now, we've got a situation where the global banking situation could spin out of control. Something would have to keep the economy going, and I'd assume those who manipulate things are smarter than I am, so they have a plan. That's where the crazy-low price of silver comes in. Is it a way to have a hedge against a collapsed banking system? If enough average folks have some silver, the economy could survive on barter for awhile, in times of banking or some other crisis?

Does that make any sense?

26 posted on 07/20/2015 7:27:39 AM PDT by grania
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