My husband sees what's happening to the dollar and PM prices going up, but we live on one income now and he can't justify spending money on silver(i can though). I bought a few ounces a few years ago when I was working outside the home, but that's it. If the dollar collapses, what do you think is the minimum amount of silver a family should physically own. We also have a few broken 22kt gold pieces, is that worth keeping or is it best to sell that for cash now? Thanks!
Check out your circular logic, buddy. You claim that you know PMs are going to go down because most of the people promoting ownership of PMs own PMs themselves. I hope you can see how flawed that is, but if not, here's a hint: What would you expect people who know PMs are going up to do..... not own any? That would make them not only stupid, but hypocrites.
To answer your question, yes, silver will buy you what you need after the economy tanks. Do some research - you need it!
I want you on my side after things blow up and finally begin to settle back down again. You know that metal is money and that's already good enough for me, but you're also a good dude, hardworking, interesting, and you care about other people. In my ideal world, you're in it, Gee!
@spaceinvader79 Well i agree and disagree. Precious metals are real assets. But like all all things they go up and down in price. Just realty was in a bubble so now are the metals. And I do have a feeling that many of the metal heads will be left scratching their heads wonder what happened when it pops.
@cosmosgato There will come a time when it will be a bit late to sell. when there are more ounces for sale than demand for them it will be the top. This happens in every market. But it is never wrong to own real money whether its moving up in price or down. Americans should save metal rather than fiat and dollar cost average in and pass the metal to future generations after teaching them the truth about what is real.
@tradergee1 I agree. It is funny how during the Tech Bubble & Housing Bubbles .. the financial channels never tell us we are in a Bubble ..But, as soon as Gold or Silver go up they ask "Is this a bubble".. that alone speaks volumes! ... If PM's are in a bubble ... this is just the beginning .. we have a few years ahead of us .. just like every other bubble. But I for 1 will hold on to pass some silver and gold on to my family when I die. Just my 2 cents
@spaceinvader79 I did the math first. i didn't buy Silver then pump it up. You will be left behind. Invest in what commodity? Oil? and store it where in my closet?There will come a time when everyone realizes that owning metals is never a bad idea. How high do the metals have to go before its not BS anymore? Your logic is flawed with all due respect.
@tradergee1 . Hum, most of the people bashing PM don't own it, so it ca be said that both sides are bias. So if we take out all of those opinions on both sides, all we have left are facts, and the facts seem to say for themselves that Silver and Gold are the life boats to this titanic money system, of course many say she can't sink.
Hay Gee:
11/04/2010 12:15 pm Silver has hit $26.01 ... OH MY
myhideaway08 1 year ago
@myhideaway08 oh yesssss.
tradergee1 1 year ago
JPMorgan, HSBC sued for alleged silver conspiracy
junkyarddog47 1 year ago
My husband sees what's happening to the dollar and PM prices going up, but we live on one income now and he can't justify spending money on silver(i can though). I bought a few ounces a few years ago when I was working outside the home, but that's it. If the dollar collapses, what do you think is the minimum amount of silver a family should physically own. We also have a few broken 22kt gold pieces, is that worth keeping or is it best to sell that for cash now? Thanks!
lisajames96 1 year ago
@lisajames96 I would sell the gold and buy Silver generic rounds
tradergee1 1 year ago
Hi5s@U, TraderGee! ;)
Airave 1 year ago
That fear of confiscation is nothing compared to the paper money which is from the start confiscated !
Luiyi385 1 year ago
Absolutely delighted to see you back.
RenegadeTimes 1 year ago
@RenegadeTimes Thank you!
tradergee1 1 year ago
@spaceinvader79
Check out your circular logic, buddy. You claim that you know PMs are going to go down because most of the people promoting ownership of PMs own PMs themselves. I hope you can see how flawed that is, but if not, here's a hint: What would you expect people who know PMs are going up to do..... not own any? That would make them not only stupid, but hypocrites.
To answer your question, yes, silver will buy you what you need after the economy tanks. Do some research - you need it!
drutter 1 year ago
I want you on my side after things blow up and finally begin to settle back down again. You know that metal is money and that's already good enough for me, but you're also a good dude, hardworking, interesting, and you care about other people. In my ideal world, you're in it, Gee!
drutter 1 year ago
@drutter 1st you have to survive to make it to the economic rebuilding.....most won't make it, will you?
drewstarr71 1 year ago
@drutter Very kind words my man. And yes I'm there for you.
tradergee1 1 year ago
@spaceinvader79 Well i agree and disagree. Precious metals are real assets. But like all all things they go up and down in price. Just realty was in a bubble so now are the metals. And I do have a feeling that many of the metal heads will be left scratching their heads wonder what happened when it pops.
cosmosgato 1 year ago
@cosmosgato
I would like to know your definition of a bubble.
chocomalk 1 year ago
@cosmosgato There will come a time when it will be a bit late to sell. when there are more ounces for sale than demand for them it will be the top. This happens in every market. But it is never wrong to own real money whether its moving up in price or down. Americans should save metal rather than fiat and dollar cost average in and pass the metal to future generations after teaching them the truth about what is real.
tradergee1 1 year ago
@tradergee1 I agree. It is funny how during the Tech Bubble & Housing Bubbles .. the financial channels never tell us we are in a Bubble ..But, as soon as Gold or Silver go up they ask "Is this a bubble".. that alone speaks volumes! ... If PM's are in a bubble ... this is just the beginning .. we have a few years ahead of us .. just like every other bubble. But I for 1 will hold on to pass some silver and gold on to my family when I die. Just my 2 cents
ckekinit 1 year ago
@spaceinvader79 watch?v=nNtIsSWVJBI
mike6459 1 year ago
@spaceinvader79 May I suggest the Y.T. video, "Zimbabwe Super Hyper Inflation "
watch?v=Jt15F21jpN8
Every day these people pan for gold. If they don't have gold, they don't eat. Their fiat money is worthless.
Storing food is good, but if you have thousands of dollars, you can't very well store thousands of dollars worth of food in your house.
pmarie2003 1 year ago
@spaceinvader79 I did the math first. i didn't buy Silver then pump it up. You will be left behind. Invest in what commodity? Oil? and store it where in my closet?There will come a time when everyone realizes that owning metals is never a bad idea. How high do the metals have to go before its not BS anymore? Your logic is flawed with all due respect.
tradergee1 1 year ago 4
@tradergee1 . Hum, most of the people bashing PM don't own it, so it ca be said that both sides are bias. So if we take out all of those opinions on both sides, all we have left are facts, and the facts seem to say for themselves that Silver and Gold are the life boats to this titanic money system, of course many say she can't sink.
askmeif 1 year ago
@spaceinvader79 Your opinion
TruthOverFacts 1 year ago
@spaceinvader79
You have to research the subject (including history) to know if this information is pump up or not.
You will also find that these metals will go up in price weather you have more or less people investing. Learn about the Modern Money Mechanics
uhf21 1 year ago 2