Gold

They recently interviewed all the CEO's of the big banks by congress about going back on the gold standard, of course they all said no to the idea. What, give up there wealth, heavens no.

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..

It's a good time to buy silver

This is the only thing worth Bumpoling on this Thread.

Last Edited by CUB4DK on 04/11/2019 07:14 PM

While everybody buys gold

$1250

you can't confiscate crypto

Last time I felt this way about gold it $500 an ounce, and people told me I was an idiot, to high, Google calender this thread, it's time.

Yes, exactly.

They are NOT an "investment". Just insurance.

That's why the smart money's on silver. A lot more flexible, and a lot more potential.

The only drawback, is the bulk, vs gold.

Yeah, and a lot of people buried it, and it doubled in value almost immediately.

But you also can't physically hold it in your possession.

Grid Down = You B Fucked

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 ...

That is a FACT !

1309.55

Up!

you have to pay a 4% premium to buy it, and then
a 4% Premium to sell it.
so, be sure and factor that in.

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.

yes.

more info on metals prices:

[link to www.nbcnews.com (secure)]

[link to www.cleantechconcepts.com]

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.

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

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.

all the information

[link to Nope (secure)]

Gold down today.

Yes...

15.5 : 1 Earth's crust

15 : 1 U.S. Constitution

Currently at 86 : 1

Silver is undervalued...

buy $1250

silver is the better buy right now. GSR is 85.5 this is a long term high.

1276.00

Down today.