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Where do you guys keep your silver/gold? I dont like the idea of keeping it in the house. Any institution that will keep it safe?
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Originally Posted by moneymike88
Quick question. If/when the dollar collapses what are you going to redeem when you turn in the silver?
Where do you guys keep your silver/gold? I dont like the idea of keeping it in the house. Any institution that will keep it safe?
Biometric safe.
Originally Posted by moneymike88
Quick question. If/when the dollar collapses what are you going to redeem when you turn in the silver?
Where do you guys keep your silver/gold? I dont like the idea of keeping it in the house. Any institution that will keep it safe?
Biometric safe.
Originally Posted by Mangudai954
Originally Posted by FOG
I thought this thread was about haze kush
Originally Posted by Mangudai954
Originally Posted by FOG
I thought this thread was about haze kush
Originally Posted by devildog1776
Cars aren't assets... They're liabilities.
Houses are somewhat liabilities as well.
The point in stacking precious metals is to preserve purchasing power and free yourself from the clutches of the bankers who control the value of our money. Silver and gold has been money for the past 6000 yrs. Only until 1970 something have we completely hone entirely fiat.
The prices of the metals are influenced on the value of the dollars strength. We are sitting on the brink of economic collapse. More wars and less industry. Moredollars will be printedto keep the circus going and that printing will reflect on prices for years to come. It's a sure thing.
Originally Posted by devildog1776
Cars aren't assets... They're liabilities.
Houses are somewhat liabilities as well.
The point in stacking precious metals is to preserve purchasing power and free yourself from the clutches of the bankers who control the value of our money. Silver and gold has been money for the past 6000 yrs. Only until 1970 something have we completely hone entirely fiat.
The prices of the metals are influenced on the value of the dollars strength. We are sitting on the brink of economic collapse. More wars and less industry. Moredollars will be printedto keep the circus going and that printing will reflect on prices for years to come. It's a sure thing.
speculation isnt a bad thing.... it means some people are aware of whats down the road.... iam not selling my silver right now... i just bought 25 oz 2 weeks ago at 37 and i bout another 25 oz today at 40... by the time i got home its damn near 41...Originally Posted by FrankMatthews
Originally Posted by devildog1776
Cars aren't assets... They're liabilities.
Houses are somewhat liabilities as well.
The point in stacking precious metals is to preserve purchasing power and free yourself from the clutches of the bankers who control the value of our money. Silver and gold has been money for the past 6000 yrs. Only until 1970 something have we completely hone entirely fiat.
The prices of the metals are influenced on the value of the dollars strength. We are sitting on the brink of economic collapse. More wars and less industry. Moredollars will be printedto keep the circus going and that printing will reflect on prices for years to come. It's a sure thing.
I understand all that and historically metals have been a safe haven but it is clearly all speculation and manipulation at this point. Metals are not gonna save you from this economic collapse. The problem I have is everyone talks about investing in metals but no one has an exit strategy. You are not gonna be using silver as currency in an economic meltdown, logistically it would be too hard to get everyone to agree universally on accepting it with out government approval, let alone agree on pricing of goods in terms of silver and it's risk. And if by chance silver did become a sort of peoples currency, the govt would have no problem making it illegal as they did with gold in the 40's. No currency will ever be based on metals again. There is not enough gold and/or silver in existence, above ground or below, to account for the amount of wealth the world thinks it has. Historically metal as a currency has not worked and has been exploited and basically ruined as a feasible form of circulated currency.
Unless you have perfect timing on this pending economic collapse and can exchange your metals for "real" assets at the peak then I imagine you will be sitting on your investment for quite some time. You gonna sell it for worthless dollars? What are you gonna do with euro and yuan here in the US? If you have an exit strategy on this investment I am all ears, I can definitely see the prices rising higher on metals from here especially when the equities markets start falling this summer, but mostly I just hear herd mentality, people saying just buy it cause it's going up, whats the exit strategy?
speculation isnt a bad thing.... it means some people are aware of whats down the road.... iam not selling my silver right now... i just bought 25 oz 2 weeks ago at 37 and i bout another 25 oz today at 40... by the time i got home its damn near 41...Originally Posted by FrankMatthews
Originally Posted by devildog1776
Cars aren't assets... They're liabilities.
Houses are somewhat liabilities as well.
The point in stacking precious metals is to preserve purchasing power and free yourself from the clutches of the bankers who control the value of our money. Silver and gold has been money for the past 6000 yrs. Only until 1970 something have we completely hone entirely fiat.
The prices of the metals are influenced on the value of the dollars strength. We are sitting on the brink of economic collapse. More wars and less industry. Moredollars will be printedto keep the circus going and that printing will reflect on prices for years to come. It's a sure thing.
I understand all that and historically metals have been a safe haven but it is clearly all speculation and manipulation at this point. Metals are not gonna save you from this economic collapse. The problem I have is everyone talks about investing in metals but no one has an exit strategy. You are not gonna be using silver as currency in an economic meltdown, logistically it would be too hard to get everyone to agree universally on accepting it with out government approval, let alone agree on pricing of goods in terms of silver and it's risk. And if by chance silver did become a sort of peoples currency, the govt would have no problem making it illegal as they did with gold in the 40's. No currency will ever be based on metals again. There is not enough gold and/or silver in existence, above ground or below, to account for the amount of wealth the world thinks it has. Historically metal as a currency has not worked and has been exploited and basically ruined as a feasible form of circulated currency.
Unless you have perfect timing on this pending economic collapse and can exchange your metals for "real" assets at the peak then I imagine you will be sitting on your investment for quite some time. You gonna sell it for worthless dollars? What are you gonna do with euro and yuan here in the US? If you have an exit strategy on this investment I am all ears, I can definitely see the prices rising higher on metals from here especially when the equities markets start falling this summer, but mostly I just hear herd mentality, people saying just buy it cause it's going up, whats the exit strategy?