WTF !! MSM CNN : "DON'T BUY PHYSICAL SILVER BUT PAPER CERTIFICATES " | |
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Anonymous Coward User ID: 522694 United States 10/08/2012 08:03 PM Report Abusive Post Report Copyright Violation | [link to www.silverdoctors.com] Quoting: Anonymous Coward 25191038 CNN Money’s response? ETF’s such as SLV or SIVR (notice Sprott’s PSLV is not included), silver certificates- essentially own paper silver in any way or form as long as investors avoid actual physical silver bullion like the plague. SURE ....buy paper silver NOT real silver! Great advice ...just great fucking stupid ass advice! When there is 50 paper ounces to one physical ounce! |
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Anonymous Coward User ID: 1953737 United States 10/08/2012 08:10 PM Report Abusive Post Report Copyright Violation | Someone at MSM/CNN must need to unload a bunch of paper...remember every fall needs a buyer, ie, fall guy who's buying....the only paper I'd be buying is stocks..mining that is...the juniors are set to rise... Quoting: 4Evergirl pretty much. Hey sucker, get in at the end of the latest ponzi scheme! Buy physical or don't bother. |
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Anonymous Coward User ID: 24152885 Canada 10/08/2012 08:32 PM Report Abusive Post Report Copyright Violation | However, for buying dips and selling high paper is the way to go. I haven't done it, but looking back over the past few years one can see that it would have been possible to make a bunch of money just by watching the markets, paying attention to Fed announcements, etc. |
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Chrit User ID: 15366081 United States 10/08/2012 09:06 PM Report Abusive Post Report Copyright Violation | Neither will silver, people will be trading in stuff they need like food and salt. That’s why you should only invest in junk silver, small tradable amounts in easily identifiable and acceptable as payment. I avoid bullion for a few reasons. China will be faking junk silver soon at this rate though. This is a response to all the fake stuff china is putting out. Lot of gullible people, you there that do not realize there is not enough silver to fill all the paper silver certificates, it has been oversold. Last Edited by Chrit on 10/08/2012 10:29 PM I'm only human, it's my biggest flaw. We must all realize a sink a chair and a pillow are all luxuries of home and a soldiers helmet takes the place of all three. |
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Anonymous Coward User ID: 602706 United Kingdom 10/08/2012 09:26 PM Report Abusive Post Report Copyright Violation | Neither will silver, people will be trading in stuff they need like food and salt. I've always imagined during a situation such as when SHTF, if I had food stockpiled, someone may come asking to trade my food for their silver bars. And I then try to imagine what use I will have for silver bars when SHTF.. |
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GFX guy User ID: 9776422 United States 10/08/2012 09:47 PM Report Abusive Post Report Copyright Violation | Neither will silver, people will be trading in stuff they need like food and salt. I've always imagined during a situation such as when SHTF, if I had food stockpiled, someone may come asking to trade my food for their silver bars. And I then try to imagine what use I will have for silver bars when SHTF.. Hopefully you sell your silver right when it peaks to buy useful items before TSHTF. The point is that you trade your silver... not except silver for trade. First you trade to the banksters for anything you find of good use. Then, when they're out of the picture, you take what you have leftover and put it to good use. Colloidal silver will be worth its weight (in silver) when the antibiotics run out. Also from a metal smith perspective, pure silver is a pleasure to work with. Silverware got its name because the antibacterial properties of silver are superior to any other metal. "Born with a silver spoon in your mouth" used to refer to good health while you were growing up. |
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Anonymous Coward User ID: 22151483 United States 10/08/2012 09:59 PM Report Abusive Post Report Copyright Violation | Silver will be about as worthless as cash if a true SHTF scenario happens. At least right out of the gate or until a new monetary system can be put into place. The only things that will hold value in a massive collapse will be things that have an actual use. Things like medicine, food, alcohol, drugs, batteries, fuel, etc. will be currency. Not some worthless metal that has no actual use. But worry not, that level of collapse will NEVER happen. |
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Anonymous Coward User ID: 20220748 United States 10/08/2012 10:05 PM Report Abusive Post Report Copyright Violation | Silver will be about as worthless as cash if a true SHTF scenario happens. At least right out of the gate or until a new monetary system can be put into place. The only things that will hold value in a massive collapse will be things that have an actual use. Things like medicine, food, alcohol, drugs, batteries, fuel, etc. will be currency. Not some worthless metal that has no actual use. Quoting: Anonymous Coward 22151483 But worry not, that level of collapse will NEVER happen. You sound like you have loads of Life Experiences under your belt to know exactly on how and what it will be like when it goes down, thanks. |
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Anonymous Coward User ID: 16213681 United States 10/08/2012 10:11 PM Report Abusive Post Report Copyright Violation | Neither will silver, people will be trading in stuff they need like food and salt. I've always imagined during a situation such as when SHTF, if I had food stockpiled, someone may come asking to trade my food for their silver bars. And I then try to imagine what use I will have for silver bars when SHTF.. If you need supplies or run out of certain food items, tools, you will need your silver in addition to just swapping items. Or you need gas or other fuels, transportation, lighting, medicine. In africa people with literally nothing to eat pan for gold all day for a few grains so they can eat for one day. Food & supplies are sold off trucks for gold. |