SILVER PRICE EXPLOSION COMING!: Adrian Douglas
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Hassle to store alot of that though and even a more hassle if you need to bring it with you quickly. In other words, its a more convenient way.
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@revcobbcrash Yeah, but you pay huge premiums for that .999 silver from APMEX and H&H. I buy all MY silver in the form of sterling flatware and plates from antique stores, and I pay usually a few dollars under spot. I've never understood why people insist of paying those premiums, can you explain it to me?
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@Ace1000ks1975 I agree, but depends on how much silver you have :)
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@911madeinamerica You will not become rich by investing in gold or silver, but all of your purchasing power will be saved. A lot of people are going to get wiped out, but your money will keep its value. :)
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@911madeinamerica There is another scenario for all this debt, the governments around the world could try to inflate out of it. This will create a hyperinflationary scenario. Interest is always compounding, and it is exponential in nature. In the beginning, interest moves slowly, but near the end when the debt gets very big, it compounds at a amazing rate. This is why we had so many stimulus packages in the last 4 years. 500 billion, 1 trillion, 2 trillion, etc.
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@911madeinamerica This money isn't being loaned out to people. Besides, the debts as a result of compounding interest rates will insure there will be many times more debt than there will be money in the economy. I'll show you... The derivatives bubble is more than $1000 trillion, and the sum of all debts in the US alone is more than $100 trillion. The amount of money and credit in circulation is about $13 trillion, so there isn't enough $ to pay all the debts. Result=austerity.
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@911madeinamerica becomes*
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@Ace1000ks1975 if we print so much money that the value of the dollar comes almost worthless, metals will obviously rise
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@Crazybenjiwoo Cheeezz! I was only kidding.
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@BSmenot why not do precioius metals, its legal and better profit per ounce.
buy marijuana the good stuff exceeds $200 an ounce
BSmenot 2 months ago 15
@cloudskipper40 I buy all my silver through APMEX, H & H Silver, or on auction sites. No hassles from any of them.
revcobbcrash 1 month ago