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SILVER - Now mathimatically worth $ 1959.00 US Dollars.

 
Anonymous Coward
User ID: 76096849
Mongolia
03/29/2020 11:34 AM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Now you know why I said back in 2001 "Everything into physical silver. 1 ounce rounds, .999 fine, 1 Troy oz.". To those who listened to this "wack-job", our day is almost here. To those who didn't, sucks to be you. Now take that 1959 and 2X it for the other 21 trillion they're not telliing us about, and now silver is really worth $4000. Not including "premium" on top of that...
 Quoting: You know who 76007124


When will it become 4000? I have kilograms of silver?
Anonymous Coward
User ID: 78145469
United States
03/29/2020 11:42 AM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Seems a fair price for 100oz.
Anonymous Coward
User ID: 72022675
United States
03/29/2020 11:54 AM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
If you use the original CPI metrics before they changed them to fudge the numbers, silver has been as high as $685

It will go there again. Someday, it could be worth more then gold
UseLessRepEATER

User ID: 71195129
United States
03/29/2020 12:03 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
1,966.00 currently: [link to usdebtclock.org (secure)]
Real Eyes, Realize, Real Lies.....


Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
~H. L. Mencken~

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
~Plato~

When a well-packaged web of lies has been sold gradually to the masses over generations,
the truth will seem utterly preposterous and its speaker a raving lunatic.
~Dresden James~
Anonymous Coward
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United States
03/29/2020 12:06 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Thread: There is a way everyone on GLP could become rich if we all worked together. I'm not sure if its 100% legal though.
Writemeaticket Red

User ID: 77067792
United States
03/29/2020 12:11 PM

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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
I wish. I could retire today and live nicely til I'm dead.

seal
We ride!
On this bitch since 2004.
7th Gen Texan - Come and take it!
Anonymous Coward
User ID: 78675997
Canada
03/29/2020 12:31 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
1,966.00 currently: [link to usdebtclock.org (secure)]
 Quoting: UseLessRepEATER


$5 gain in under 24 hours...
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 01:02 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
the important thing to remember about that silver to dollar ratio is that it is based on the year over year increase in M2 money supply of the US only, divided by the WORLD yearly production of silver. A more accurate accounting would take US money supply growth divided by US silver production which is 1/28th of the global total so $2,000 X 28 =$56,000 per ounce.

Silvertards will ride, like a jet engine strapped to skate board, Hold the FUCK ON5a
 Quoting: Anonymous Coward 30459451


Good info. Didn't know that
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 01:04 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Now you know why I said back in 2001 "Everything into physical silver. 1 ounce rounds, .999 fine, 1 Troy oz.". To those who listened to this "wack-job", our day is almost here. To those who didn't, sucks to be you. Now take that 1959 and 2X it for the other 21 trillion they're not telliing us about, and now silver is really worth $4000. Not including "premium" on top of that...
 Quoting: You know who 76007124


When will it become 4000? I have kilograms of silver?
 Quoting: Anonymous Coward 76096849


The last thing you want to do is go back into fiat. Barter. Bypass the criminal banksters
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 01:07 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
When Greenspan was asked about the Venesuela hyperinflation he said "we're next"
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 01:12 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
When Rick Rule asked a FED official about the dollar 15 years ago, he said "we're just gonna kill the dollar". Anyone out there have that interview? I can't find it. Think it was a texas fed guy.
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 01:14 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Become your own bank. Gold and Silver are the only money. Period.
Anonymous Coward
User ID: 78702597
United States
03/29/2020 01:16 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
But in actuality its $12.00.
 Quoting: Anonymous Coward 78697846


hesright
Anonymous Coward
User ID: 78673513
United States
03/29/2020 01:26 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Now you know why I said back in 2001 "Everything into physical silver. 1 ounce rounds, .999 fine, 1 Troy oz.". To those who listened to this "wack-job", our day is almost here. To those who didn't, sucks to be you. Now take that 1959 and 2X it for the other 21 trillion they're not telliing us about, and now silver is really worth $4000. Not including "premium" on top of that...
 Quoting: You know who 76007124


When will it become 4000? I have kilograms of silver?
 Quoting: Anonymous Coward 76096849


The last thing you want to do is go back into fiat. Barter. Bypass the criminal banksters
 Quoting: Anonymous Coward 76007124


during the last run, It nearly reached 50.00. those that did
not sell at the peak, now have metal that is 4X cheaper.

i believe there will be a run soon, but i will sell at the
peak. i'll buy back in at the bottom later.

that's just the way i roll.
Anonymous Coward
User ID: 71080834
United States
03/29/2020 01:36 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
But in actuality its $12.00.
 Quoting: Anonymous Coward 78697846


The paper price yes..try and buy some on ebay for that.
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 01:38 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Now you know why I said back in 2001 "Everything into physical silver. 1 ounce rounds, .999 fine, 1 Troy oz.". To those who listened to this "wack-job", our day is almost here. To those who didn't, sucks to be you. Now take that 1959 and 2X it for the other 21 trillion they're not telliing us about, and now silver is really worth $4000. Not including "premium" on top of that...
 Quoting: You know who 76007124


When will it become 4000? I have kilograms of silver?
 Quoting: Anonymous Coward 76096849


The last thing you want to do is go back into fiat. Barter. Bypass the criminal banksters
 Quoting: Anonymous Coward 76007124


during the last run, It nearly reached 50.00. those that did
not sell at the peak, now have metal that is 4X cheaper.

i believe there will be a run soon, but i will sell at the
peak. i'll buy back in at the bottom later.

that's just the way i roll.
 Quoting: Anonymous Coward 78673513


That's cool. It's a big casino, and I always wish everyone the best.
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 02:12 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Anyone else get the feeling, today might be another Lehman Sunday night unexpected fed announcement? Or watch the futures open limit down in 3 hours 48 mins. . . .
UseLessRepEATER

User ID: 71229178
United States
03/29/2020 02:15 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
But in actuality its $12.00.
 Quoting: Anonymous Coward 78697846


The paper price yes..try and buy some on ebay for that.
 Quoting: Anonymous Coward 71080834


APMEX is about 15 over spot for ASE's.

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

Last Edited by UseLessRepEATER on 03/29/2020 02:17 PM
Real Eyes, Realize, Real Lies.....


Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
~H. L. Mencken~

We can easily forgive a child who is afraid of the dark; the real tragedy of life is when men are afraid of the light.
~Plato~

When a well-packaged web of lies has been sold gradually to the masses over generations,
the truth will seem utterly preposterous and its speaker a raving lunatic.
~Dresden James~
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 02:32 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
And i am talkin' keepin' da markets closed, or banning shorting or putting?
Anonymous Coward
User ID: 63650789
Canada
03/29/2020 02:40 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
But in actuality its $12.00.
 Quoting: Anonymous Coward 78697846


The paper price yes..try and buy some on ebay for that.
 Quoting: Anonymous Coward 71080834


APMEX is about 15 over spot for ASE's.

[link to www.apmex.com (secure)]
 Quoting: UseLessRepEATER


Wow!
Anonymous Coward
User ID: 74808618
United States
03/29/2020 02:56 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Silver may very well go to $100 or even much higher. But it is meaningless until you tell me what a loaf or bread or a gallon of gas will cost at that time.

Precious metals, like most hard assets, will protect your wealth during times like these, but not necessarily increase it. That being said, there are periods where market dislocations will be corrected - often over corrected - and that results in a genuine wealth increase. This will come after (deflation ALWAYS comes before hyperinflation). Those who have the ability to hold PM through this period and emerge alive on the other side will have their wealth increased, but not by as much as they would like to think. I'd say silver will eventually land at a value somewhere around $40-$50 of value measured in today's dollars, but it will take longer than you think and there will be much pain along the way.

There will be better opportunities in real estate and forex along the way for those with capital and the knowledge to exploit it.
Anonymous Coward
User ID: 63650789
Canada
03/29/2020 03:19 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Silver may very well go to $100 or even much higher. But it is meaningless until you tell me what a loaf or bread or a gallon of gas will cost at that time.

Precious metals, like most hard assets, will protect your wealth during times like these, but not necessarily increase it. That being said, there are periods where market dislocations will be corrected - often over corrected - and that results in a genuine wealth increase. This will come after (deflation ALWAYS comes before hyperinflation). Those who have the ability to hold PM through this period and emerge alive on the other side will have their wealth increased, but not by as much as they would like to think. I'd say silver will eventually land at a value somewhere around $40-$50 of value measured in today's dollars, but it will take longer than you think and there will be much pain along the way.

There will be better opportunities in real estate and forex along the way for those with capital and the knowledge to exploit it.
 Quoting: Anonymous Coward 74808618


Will silver be used to purchase real estate?
Anonymous Coward
User ID: 77729961
United States
03/29/2020 03:27 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Anyone else get the feeling, today might be another Lehman Sunday night unexpected fed announcement? Or watch the futures open limit down in 3 hours 48 mins. . . .
 Quoting: Anonymous Coward 76007124


My thoughts exactly! I think tomorrow will be epic!
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 03:32 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Silver may very well go to $100 or even much higher. But it is meaningless until you tell me what a loaf or bread or a gallon of gas will cost at that time.

Precious metals, like most hard assets, will protect your wealth during times like these, but not necessarily increase it. That being said, there are periods where market dislocations will be corrected - often over corrected - and that results in a genuine wealth increase. This will come after (deflation ALWAYS comes before hyperinflation). Those who have the ability to hold PM through this period and emerge alive on the other side will have their wealth increased, but not by as much as they would like to think. I'd say silver will eventually land at a value somewhere around $40-$50 of value measured in today's dollars, but it will take longer than you think and there will be much pain along the way.

There will be better opportunities in real estate and forex along the way for those with capital and the knowledge to exploit it.
 Quoting: Anonymous Coward 74808618


Ok, college educated person. Now I'm gonna take you to street school. Ask anyone down in Venezuela what a ounce of silver buys. Answer- Anything you want.
Anonymous Coward
User ID: 63650789
Canada
03/29/2020 03:33 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Silver may very well go to $100 or even much higher. But it is meaningless until you tell me what a loaf or bread or a gallon of gas will cost at that time.

Precious metals, like most hard assets, will protect your wealth during times like these, but not necessarily increase it. That being said, there are periods where market dislocations will be corrected - often over corrected - and that results in a genuine wealth increase. This will come after (deflation ALWAYS comes before hyperinflation). Those who have the ability to hold PM through this period and emerge alive on the other side will have their wealth increased, but not by as much as they would like to think. I'd say silver will eventually land at a value somewhere around $40-$50 of value measured in today's dollars, but it will take longer than you think and there will be much pain along the way.

There will be better opportunities in real estate and forex along the way for those with capital and the knowledge to exploit it.
 Quoting: Anonymous Coward 74808618


Ok, college educated person. Now I'm gonna take you to street school. Ask anyone down in Venezuela what a ounce of silver buys. Answer- Anything you want.
 Quoting: Anonymous Coward 76007124


Is that true ???
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 03:35 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Anyone else get the feeling, today might be another Lehman Sunday night unexpected fed announcement? Or watch the futures open limit down in 3 hours 48 mins. . . .
 Quoting: Anonymous Coward 76007124


My thoughts exactly! I think tomorrow will be epic!
 Quoting: Anonymous Coward 77729961


I like you. Smart
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 03:37 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Silver may very well go to $100 or even much higher. But it is meaningless until you tell me what a loaf or bread or a gallon of gas will cost at that time.

Precious metals, like most hard assets, will protect your wealth during times like these, but not necessarily increase it. That being said, there are periods where market dislocations will be corrected - often over corrected - and that results in a genuine wealth increase. This will come after (deflation ALWAYS comes before hyperinflation). Those who have the ability to hold PM through this period and emerge alive on the other side will have their wealth increased, but not by as much as they would like to think. I'd say silver will eventually land at a value somewhere around $40-$50 of value measured in today's dollars, but it will take longer than you think and there will be much pain along the way.

There will be better opportunities in real estate and forex along the way for those with capital and the knowledge to exploit it.
 Quoting: Anonymous Coward 74808618


Ok, college educated person. Now I'm gonna take you to street school. Ask anyone down in Venezuela what a ounce of silver buys. Answer- Anything you want.
 Quoting: Anonymous Coward 76007124


Is that true ???
 Quoting: COVID19


I only report what I read and hear from highly regarded people from around the world
Anonymous Coward
User ID: 63650789
Canada
03/29/2020 03:38 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Silver may very well go to $100 or even much higher. But it is meaningless until you tell me what a loaf or bread or a gallon of gas will cost at that time.

Precious metals, like most hard assets, will protect your wealth during times like these, but not necessarily increase it. That being said, there are periods where market dislocations will be corrected - often over corrected - and that results in a genuine wealth increase. This will come after (deflation ALWAYS comes before hyperinflation). Those who have the ability to hold PM through this period and emerge alive on the other side will have their wealth increased, but not by as much as they would like to think. I'd say silver will eventually land at a value somewhere around $40-$50 of value measured in today's dollars, but it will take longer than you think and there will be much pain along the way.

There will be better opportunities in real estate and forex along the way for those with capital and the knowledge to exploit it.
 Quoting: Anonymous Coward 74808618


Ok, college educated person. Now I'm gonna take you to street school. Ask anyone down in Venezuela what a ounce of silver buys. Answer- Anything you want.
 Quoting: Anonymous Coward 76007124


Is that true ???
 Quoting: COVID19


I only report what I read and hear from highly regarded people from around the world
 Quoting: Anonymous Coward 76007124


Damn...

I might need to look at flight costs to South America this week...
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 03:53 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Kyle Bass. Not Rick Rule. Kyle Bass had the interview with Texas FED member
Anonymous Coward (OP)
User ID: 76007124
United States
03/29/2020 03:55 PM
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Re: SILVER - Now mathimatically worth $ 1959.00 US Dollars.
Kyle Bass. Not Rick Rule. Kyle Bass had the interview with Texas FED member
 Quoting: Anonymous Coward 76007124


Sucks getting old. 😁





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