Users Online Now:
1,897
(
Who's On?
)
Visitors Today:
766,088
Pageviews Today:
1,021,685
Threads Today:
272
Posts Today:
4,165
08:48 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
FED To Buy $500 billion to $1 trillion in government debt
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Jenn++ 951944:MV8xMjQyMjgzXzIwMjU0NTc5X0IwQjBDQw==] For those of you that have followed my financial writings on GLP since 2008 you have doubled your money in silver when I said go all in at 12 bucks an ounce. Of course it's not really doubling your money as much as the dollar losing that much value. You see, a silver dollar in 1929 would buy you five gallons of gas, a loaf of bread, and a dozen eggs. Exactly the same as today as a silver dollar is worth about twenty something bucks. So, investing in precious metals is not really investing at all as much as it is merely preserving your wealth. If your relatives would have saved you a silver dollar from 1929, you could still get 5 gallons of gas, a loaf of bread, and a dozen eggs with it's value today even if you pawned it. Anyone reading my sometimes long winded financial comments on GLP knows that I have been hugely bullish on silver for 2 1/2 years now. It's changing. My new game is another white metal that is much rarer than silver and even gold and is also an investment grade US Government coin from the US Government Mint. I still prefer investing in 1/10 ounce coins and they still are legal tender and investment grade. The metal is call platinum. :) [/quote]
Original Message
[
link to finance.yahoo.com
]
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>