Ag nuthuggers a response:

To KIDidiotequea

Category:

News & Politics

Tags:

• Veeee
• Like
• Goooooooooohhhhhhhhld
• Isn't
• That
• Viered?

[lambdog76]

@PrepperAZ Not the stackers, the pundits. Nothing wrong with a pm as a store of value. I have physical silver

[lambdog76]

@redtony58 Well now how am I going to know when it has been a while? "relative value of commodities" I love it!  Your unique characteristics will be added to the collective.

[RobbieGTV]

Case in point, for longs treasuries have been a far better bet than metals for price appreciation of late. Real estate was the wheel returning far more than anything per unit of time. Now not so much. Realized gains are realized gains. Until realized, it's meaningless. Buy and hold investments in anything without defined price or time objectives success or failure or worthiness cannot be measured

[RobbieGTV]

All investing/trading is gambling. Buy/short at one price, sell/cover at a future unknown price. The distance in time is irrelevant and the difference between the two events is profit or loss. Between any two points in time any instrument can and will have any price differential and for exactly half the participants its either profit or loss. Without defining timeframe for TAKING profit you can't define "safe" or "good" or whatever.

[KIDiotequeA]

Almost missed this. Cheers for the response. Certainly there are plenty of libertarians whom buy metals, but it seems as though the majority of the silver pundits and youtube personalities are closer to Max Kieser than Peter Schiff. To be fair, the majority of any group, genre, or category, are not going to be the sharpest tools in the shed.

[TheDaytonDevil]

AC/DC and ZZTOP! Now thats precious metal I like ta invest in! Cause if ya cant eat it, fuck it, er seed it! Ya dont need it! Paid for! Is the best investment! GOD BLESS!

[natritious1]

I always thought the silver/gold crowd was into the Austrian School. But you can say that the Austrian Crowd is definitley into Precious Metals.

[hoshnasi]

@BarkingMaddly For clothing, ammo, food and water to be of more value than silver or gold I'm assuming that we're in a "end of civilization" event where water and power service is pretty much gone.

As the having no power and water becomes the new normal a standard trading system would come about. My guess is that system would center around silver, mainly junk silver for common good with ounces of silver being for larger items or bulk. Just my take.

[BarkingMaddly]

Although, I'm somewhat skeptical how much intrinsic value silve (and gold for that matter) will have following any massive collapse.

Long term? sure, it will have value.

But, in the shorter term, I think it may have negligible value to non-speculators simply because food, clothing, ammunition, etc will be the valued commodities, and precious metals won't have any value, other than possible future value.

Use as trade medium may very well happen, but it would be nearly fiat.

[BarkingMaddly]

I guess this means that the bubble may soon burst, and "buying time" will once again, be upon us?

Sounds good.

[RobbieGTV]

@redtony58 I like the way you think. I'm hiring by the way. lol