Silver seems like win/win regardless of what happens because supply is running low with declining and limited amounts in the ground. Worst case scenario for silver is a protracted deflation where industrial use is cut deeply, extending supply life. Even in that scenario, I think it's an excellent investment, it just may take longer before price explodes. And that assumes there is no price manipulation!
@He101A As evidenced from the last 23 months of almost relentless gains, the government relishes the former; they will try to keep the money hydrant on, only God can rebuff these perfidious bastards.
@He101A That won't do, we must have a severe decline in the nominal value of the Dow- which is the show piece of the economy, nevermind the decoupling of Wall Street from Main Street. The Dow has to plunge back to <7,000, then and only then will people realize that this surge is a product of duplicity and no ambiguity will reamain as to the moribund state of the real economy.
Yep, I'm with you on hedging against the devaluation. I have a lot of silver and some gold. I am trying to stock up on food items as my wife will allow (she is clueless about what is going on). It will be interesting to see if we have inflation or deflation, given that M3 has been contracting more than M1 expanding. Chris Martenson did a great job explaining the case for INFLATION and why we may not have deflation on a link to his article on DollarCollapse (dotcom).
day that goes by with us racking up enormous debt. Rome failed when it became too expensive just to maintain the status quo. I argue we are pretty much there, borrowing 40 cents on the dollar just to try and tread water. Those jobs we lost aren't coming back and we are in for a world of hurt...
Absolutely. The problem is that people will be able to eat less and less because any increase in food stamps will lag food price increases, and people will go hungry. As Gerald Celente says, "When people have lost everything, and have nothing else to lose, they lose it!" A man whose kids are hungry has NO fear. Bottom line, there absolutely COULD be rioting or revolution here in the US, though it could be years away. I'm not saying it will happen, but the odds go up with....
My point about food stamps is simply that when the government has no money left, it can't send the checks and the recipients loose their free food, go hungry and revolt. In reality, the government will always have "money," but it will become worth less and less with inflation, to the point where the recipients may go hungry. They can't effectively create hyperinflation and keep benefits caught up to the same purchasing power.
hurri type these on utube clock of secrecy and watch the first videos
illegalimmigrant101 11 months ago
One ===>tator for the next.
Anothercoilgun 1 year ago
Silver seems like win/win regardless of what happens because supply is running low with declining and limited amounts in the ground. Worst case scenario for silver is a protracted deflation where industrial use is cut deeply, extending supply life. Even in that scenario, I think it's an excellent investment, it just may take longer before price explodes. And that assumes there is no price manipulation!
dmger14 1 year ago
@He101A As evidenced from the last 23 months of almost relentless gains, the government relishes the former; they will try to keep the money hydrant on, only God can rebuff these perfidious bastards.
GanjaZombi2 1 year ago
@He101A That won't do, we must have a severe decline in the nominal value of the Dow- which is the show piece of the economy, nevermind the decoupling of Wall Street from Main Street. The Dow has to plunge back to <7,000, then and only then will people realize that this surge is a product of duplicity and no ambiguity will reamain as to the moribund state of the real economy.
GanjaZombi2 1 year ago
@He101A
Yep, I'm with you on hedging against the devaluation. I have a lot of silver and some gold. I am trying to stock up on food items as my wife will allow (she is clueless about what is going on). It will be interesting to see if we have inflation or deflation, given that M3 has been contracting more than M1 expanding. Chris Martenson did a great job explaining the case for INFLATION and why we may not have deflation on a link to his article on DollarCollapse (dotcom).
dmger14 1 year ago
day that goes by with us racking up enormous debt. Rome failed when it became too expensive just to maintain the status quo. I argue we are pretty much there, borrowing 40 cents on the dollar just to try and tread water. Those jobs we lost aren't coming back and we are in for a world of hurt...
dmger14 1 year ago
@He101A
Absolutely. The problem is that people will be able to eat less and less because any increase in food stamps will lag food price increases, and people will go hungry. As Gerald Celente says, "When people have lost everything, and have nothing else to lose, they lose it!" A man whose kids are hungry has NO fear. Bottom line, there absolutely COULD be rioting or revolution here in the US, though it could be years away. I'm not saying it will happen, but the odds go up with....
dmger14 1 year ago
@He101A
My point about food stamps is simply that when the government has no money left, it can't send the checks and the recipients loose their free food, go hungry and revolt. In reality, the government will always have "money," but it will become worth less and less with inflation, to the point where the recipients may go hungry. They can't effectively create hyperinflation and keep benefits caught up to the same purchasing power.
dmger14 1 year ago
@He101A Just saying, this bounce is unreal. No doubt contrived, do you really think it can come down again?
GanjaZombi2 1 year ago