To: SeekAndFind
“So hold on to your hats. We are entering a period of time when there will be unprecedented volatility for the prices of precious metals. It will be quite a roller coaster ride, but if you can handle the ups and downs it will be worth it in the end.”
Thirteen years and counting for me, holding G&S. This is the BUMP before the rocket ride to the top, Baby! Keep the faith...that our Government will screw us at EVERY opportunity. Trust them at your peril; we are truly on our own. ;)
3 posted on
04/21/2013 2:38:21 PM PDT by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: SeekAndFind
Makes you wonder if the real gold held by some banks for other nations is really there also. The banking system is basically a legalized formalized ponzi scheme. The social security bubble is approaching also. The government spent $13.4T of social security for pork now we are holding he bag. How many of these bubbles can burst before we really get into trouble?
5 posted on
04/21/2013 2:55:13 PM PDT by
mountainlion
(Live well for those that did not make it back.)
To: SeekAndFind
Forget gold & silver; go with LEAD & BRASS!
6 posted on
04/21/2013 3:02:17 PM PDT by
Carriage Hill
(No one can go back and make a new start, but anyone can start from now, and make a new ending.)
To: SeekAndFind
I’m a little unclear on how this is anything but evidence that when prices drop, more is demanded.
The difference between paper price and physical price is a separate (and more interesting) phenomenon.
8 posted on
04/21/2013 3:34:37 PM PDT by
Atlas Sneezed
(Universal Background Check -> Registration -> Confiscation -> Oppression -> Extermination)
To: SeekAndFind
To: SeekAndFind
So hold on to your hats. Take your pick:
or
11 posted on
04/21/2013 3:47:15 PM PDT by
Oatka
(This is America. Assimilate or evaporate.)
To: SeekAndFind
Now where did I put that ounce of copper???
12 posted on
04/21/2013 4:08:28 PM PDT by
phockthis
(http://www.supremelaw.org/fedzone11/index.htm ...)
To: SeekAndFind
But this is what happens when you manipulate free markets - it often has unintended consequences far beyond anything that you ever imagined. This manipulation of the price of gold is like government price controls, where a price lower than the market price leads to increased demand, which leads to shortages.
15 posted on
04/21/2013 4:24:18 PM PDT by
mjp
((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
To: SeekAndFind
16 posted on
04/21/2013 5:47:54 PM PDT by
silverleaf
(Age Takes a Toll: Please Have Exact Change)
To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...
To: chuckles; Diana in Wisconsin; Boogieman; BipolarBob; yldstrk; nodakkid; Aquamarine; BenLurkin; ...
24 posted on
04/22/2013 4:18:51 AM PDT by
dennisw
(too much of a good thing is a bad thing - Joe Pine)
To: SeekAndFind
I've been focusing on 90% silver lately. My thought is if/when fiat cash crashes I want to have some silver that most anyone will instantly recognize as a US silver coin. Curculated, Good, or almost Fine Morgans and Peace dollars, Walkers and Barber halves, and Mercury dimes have made up my last few orders from Gainsville and Apmex.
I love the value of the 99% generic American buffaloes too, but I wonder how useful they will actually be in barters and trades with people that have never purchased PMs.
Either way, its always good to diversify. What did you guys buy? :)
25 posted on
04/22/2013 4:43:56 AM PDT by
Casie
(democrats destroy)
To: SeekAndFind
...unleashed an unprecedented global run on physical gold and silver...If that were true then we'd see prices go up.
They're down. The only running people are doing is from pm's to cash.
To: SeekAndFind; Oatka; Diana in Wisconsin; Travis McGee; dennisw; TigerLikesRooster
27 posted on
04/22/2013 8:41:27 AM PDT by
bert
((K.E. N.P. N.C. +12 .....History is a process, not an event)
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