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Business
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Title: Hey - Precious Metals - What's Happening?
Source: [None]
URL Source: [None]
Published: Jul 5, 2015
Author: Chuck_Wagon
Post Date: 2015-07-05 13:22:18 by Chuck_Wagon
Keywords: gold, silver, money
Views: 11961
Comments: 57

Hello there, folks.

I am starting this thread for those who are interested in
'hard money' - call it 'paleo-investing' it you will.

The silver price has apparently been suppressed - for a while.
Many so-called pundits and prognosticators predict that it MAY
soon move upwards.

The purpose of this thread is to keep track of these things.
Participate if you will...

Post Comment   Private Reply   Ignore Thread  


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Begin Trace Mode for Comment # 1.

#1. To: Chuck_Wagon (#0)

The silver price has apparently been suppressed - for a while. Many so-called pundits and prognosticators predict that it MAY soon move upwards.

I'll believe it when I see it - and maybe not even then.

SOSO  posted on  2015-07-05   13:27:52 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 1.

#3. To: SOSO (#1)

Lead would be the only precious metal worth buying and then there is a limit it does no good.

Gold and Silver are only worth something if the economy crashes slowly and recovers slowly. Its controlled by the same people who control paper money. They tell you to buy it while its high and when you can't hold it because you need the money you sell it back to them at a low price. They win all the way around.

Justified  posted on  2015-07-05 13:32:57 ET  Reply   Untrace   Trace   Private Reply  


#4. To: SOSO (#1)

...I'll believe it when I see it...

Was $40-something - now it's $15.
Silver has a lot of industrial uses.
It will (most likely) eventually get back up there.
Question is: When? (IMO)

Chuck_Wagon  posted on  2015-07-05 13:35:38 ET  Reply   Untrace   Trace   Private Reply  


#38. To: SOSO (#1)

A $5 canadian silver coin will buy you a lot of goods when the paper collapses. Rice, beans, water, fuel, TP, bullets you can stock up on also. A smart man buys at least 2 coins a week as long as the price is below $25. At worst, it is a loss of $13 or so. The Maple dollar will still be worth a 5 spot, and that is a who lot more than a Lincoln will be worth after the world dumps the dollar.

jeremiad  posted on  2015-07-06 00:32:25 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 1.

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