Gold | |
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Hibodharma User ID: 29725340 Canada 04/11/2019 07:08 PM Report Abusive Post Report Copyright Violation | all the planets have an element here on Earth, lead is Saturn, gold is the element from the Sun "gold is God's currency" why do you think the govs of this world have the masses trade paper Monopoly tokens while they hoard all the gold? why do you think the Maya, Incas and other civilizations considered gold sacred & used gold powder in their religious ceremonies? They never would debase it by using it as a currency... They could use something common like cacao beans to trade Sadly, in the materialistic world, true value is not observed but thought in only terms of dollars.. Everything is Energy |
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CUB4DK User ID: 77502242 Canada 04/11/2019 07:14 PM Report Abusive Post Report Copyright Violation | This is the only thing worth Bumpoling on this Thread. Last Edited by CUB4DK on 04/11/2019 07:14 PM CUB4DK |
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Anonymous Coward User ID: 77039474 04/11/2019 08:58 PM Report Abusive Post Report Copyright Violation | Remember when the Fed Govt made it illegal for citizens to own gold?? EO6102 1933 Quoting: Anonymous Coward 72530568 This will happen again. Remember how quickly that was rescinded? As in almost immediately? Yeah, and a lot of people buried it, and it doubled in value almost immediately. |
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MR.GGG User ID: 68793616 Canada 04/11/2019 09:08 PM Report Abusive Post Report Copyright Violation | A point or two ... The GOLD to SILVER ratio through history has been around 11 : 1 Due to manipulation by the FedRes banks (protecting the US dollar) the present ration is 86 : 1 If your finances are somewhat limited you can but a LOT more silver than gold and if gold goes up to where it should be and the gold / silver ration returns to historical norms, your return on silver will be astronomical!! Also there are presently something like 14,000 industrial sues for silver and very few for gold. Fact IS silver COULD be MORE precious / rare than gold if we run out of the silver supply for industrial uses. Just sayin ... |
Cosmic Charlie User ID: 75992005 United States 04/11/2019 09:10 PM Report Abusive Post Report Copyright Violation | I sold some silver certificate bills at a coin shop. There was a law in 1964 that rescinded the payment of silver for those bills and likely won't be reinstated. Quoting: Mental Case -------- I believe it was nixon who took the US dollar off the gold standard (not like he had much choice in the matter). Now the US dollar is backed by thousands of ICBMs. That is a FACT ! |
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Anonymous Coward User ID: 54016204 United States 04/11/2019 10:32 PM Report Abusive Post Report Copyright Violation | Silver has a seasonal crash in the summer usually. [link to www.equityclock.com] Has a run up in January. Bset time to buy is probably late summer-> And sell in Feb. There is no guarantee this will be a profitable trade. It is a terrible investment. A real loser. It is only good for trading but the general trend is down. Why. As technology improves the cost to mine drops. So just like electronics, silver is getting cheaper in spite of inflation. Most silver mined is a by product of mining copper, lead, nickle or just about any other metal besides silver. Many of the miners are willing to dump it at four to five dollars an ounce. Someday maybe there will be a great industrial use for it but for the mean time the U.S. dollar is backed by lead and uranium. |
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MissCleo User ID: 77082640 United States 04/11/2019 11:31 PM Report Abusive Post Report Copyright Violation | Silver has a seasonal crash in the summer usually. [link to www.equityclock.com] Has a run up in January. Bset time to buy is probably late summer-> And sell in Feb. There is no guarantee this will be a profitable trade. It is a terrible investment. A real loser. It is only good for trading but the general trend is down. Why. As technology improves the cost to mine drops. So just like electronics, silver is getting cheaper in spite of inflation. Most silver mined is a by product of mining copper, lead, nickle or just about any other metal besides silver. Many of the miners are willing to dump it at four to five dollars an ounce. Someday maybe there will be a great industrial use for it but for the mean time the U.S. dollar is backed by lead and uranium. This is my fear: Gold and silver do climb to $5000 or whatever. Rarely does it stay at that price for a long time. A broker won't pay out at that price, they would probably just wait it out for a week and the metals will plummet again. |
Hibodharma User ID: 29725340 Canada 04/13/2019 03:17 PM Report Abusive Post Report Copyright Violation | But you also can't physically hold it in your possession. Grid Down = You B Fucked i wish ppl would bother to look into things before bashing them without knowing the truth you can store crypto on a variety of offline solutions like a paper wallets or physical devices like a Ledger nano (looks just like a usb flash drive) you can take it with you to any country it cannot be taxed and you can withdraw from atms, in person, etc never leave 100% of your crypto holdings on an exchange though Everything is Energy |
Mental Case User ID: 77556761 United Arab Emirates 04/13/2019 08:43 PM Report Abusive Post Report Copyright Violation | Remember how quickly that was rescinded? As in almost immediately? ------- Rescinded my big hairy left one! Just 4 or 5 years ago a person in california found a shit-ton of gold coins buried on his property...The gov't confiscated it all because they were "supposed to be" turned in back in 1933. Gold confiscation was gov't theft! No 2 ways around it. If I am going to be damned...I am going to be damned for who I really am! |
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Anonymous Coward User ID: 77099820 United States 04/16/2019 01:09 PM Report Abusive Post Report Copyright Violation | A point or two ... Quoting: MR.GGG The GOLD to SILVER ratio through history has been around 11 : 1 Due to manipulation by the FedRes banks (protecting the US dollar) the present ration is 86 : 1 If your finances are somewhat limited you can but a LOT more silver than gold and if gold goes up to where it should be and the gold / silver ration returns to historical norms, your return on silver will be astronomical!! Also there are presently something like 14,000 industrial sues for silver and very few for gold. Fact IS silver COULD be MORE precious / rare than gold if we run out of the silver supply for industrial uses. Just sayin ... 15.5 : 1 Earth's crust 15 : 1 U.S. Constitution Currently at 86 : 1 Silver is undervalued... |
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