Posted on 04/12/2013 3:36:18 PM PDT by Obama_Is_Sabotaging_America
Wow, look what I noticed today? The European fiscal crisis must have triggered this..
Gold: $1,478/oz
Silver: $25.95/oz.
Platinum: $1,491.00/oz.
I bet Soros knew beforehand.
Someone is going to get rich off of this deflation. spooky dude?
I continue to trade fiat pieces of paper for real assets, including gold and silver in order to free my money from the system. Lower prices = better trade.
that’s what i’ve been doing! i turned in about eight of them along
with a few old quarters and halves, and got about thirty dollars before easter!
I was a student once too. However, you can examine your change. If you see dimes/coins dated before 1965 put them in your piggy bank.
Likewise keep all your nickles. It’s a start, and better than nothing.
If you could do it, you might even just keep all your change until you have enough to buy a silver dime, or quarter or what ever.
I believe it is the fed selling naked shorts.
There is a difference between the price for a certificate giving you an unenforceable “right” to take possession of a precious metal someone else claims to possess and paying for gold/silver and taking physical possession of it..
The markets are being manipulated with paper trades that are unlikely to be backed by real gold or silver, i.e. empty vaults and promises.
“I guess Lead with Full Metal Jacket and or other variations of metallic AMMO trumps GOLD.”
****
Not an either/or choice. Get both. Molon Labe.
I’ll take a look, thanks for the heads up.
Oil futures fell as well.
Here is the two year chart for Silver, which is what I follow most closely. In that period, I believe the high for gold has been in the $1700s per oz. Platinum is generally a little higher than gold, but occasionally below gold if I remember correctly. Well, I have tried twice to transfer the chart from Market Watch, but no luck. Around 20 months ago silver hit a high around $42, then it dropped and mostly hovered between $34 and $32. This is a noticeable drop. Cause? The Xmas Valentines Day season is over. No jewelry until Mothers day. Less silver for photography and industrial purposes, especially given Sequester fears. Any other guesses??
Right. I haven’t bought silver or gold since 2006. I still have some just in case though. I am investing in lead right now and when ammo starts getting more plentiful again, I am going to buy a lot more of it. Basically, I am prepping by stocking up on food, water, and other baterable items because there is only one way all this funny money printing is going to end — badly.
You are welcome.
You can't buy anything with precious metals.
I guess you could transport it to some sort of manufacturing plant that could use it and buy it, but that would require a passport and place it subject to confiscation by the union thugs at TSA.
Whoo-hoo! I’m going to be buying some sliver!
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