$8,000 Gold & $500 Silver, MINIMUM : Chapman Part 1 of 2
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Voltaire was wrong. The intrinsic value of paper money is not zero because you can still wipe your ass with it after hyperinflation.
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@BigBillie01 You have some good points there. But the all out collapse will not happen until some time AFTER paper money collapses. The time inbetween these phases is when you can get ahead tremendously by selling your physical precious metals. They will skyrocket in value when paper money collapses,..and will go down in value when the only important thing is food and water.
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I would rather own silver because A there will be big need or want. I am not sure at this point is silver worth $35 oz right now regardless of economy conditions.
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Guys, don't buy into this. There is no such thing as a get rich quick scheme without a chance of failure. Silver is a good investment, but like any investment, it is risky, and it fluctuates much more than regular stocks etc. It is not completely immune to everything. We will not see this prices of silver for a long LONG time.
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When the collapse happens - as sure as the light of day.
You have no Gas at the pumps.
You have no Food in the stores.
You have no Heating, Water and Electricity in your homes.
No Internet, Radio or Television broadcasts.
No Law and Order even from the Corrupt Cops
No National guard, No Armed Forces, no Leadership
No sanitation, hospitals or medicines
You can't step out of your home without being Mugged, Shot At or Killed.
How the heck do you transact in Gold and Silver - its all BS greed
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When the USD goes, the government will no longer be able to prop up housing. Sell your house and buy silver.
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@TorontoBoi lol reminds me when I couldnt post anything on BF3 for a week.
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What if there were truly a secret that nobody knew about with respect to the Gold trading? And what if the very thing everybody thought were true about Gold trading, was actually the exact opposite of the truth? Come visit our website and learn the secret that produces 90% success ratio just google gold trading academy
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TorontoBoi 5 months ago 5
@AmateurDrumCovers Ive been buying silver for 10 years since it was 9 bucks an ounce. Its the US Dollar going down not silver going up. When you talk about prices, you need to look at the yard stick that is being used to measure the value. I live outside of the US , most americans have no idea of what is going on outside of the US. In Asia I can tell you the man on the street looks at the US Dollar as being a risky investment, we don't want them anymore.
harrybath 3 months ago