A trip back to 1964 proves Silver creates wealth

Discussion in 'Bullion Investing' started by SilverForLife, Sep 25, 2012.

  1. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I made the clear distinction between price and monetary inflation and correctly indicated that you were referring to monetary inflation. So read more carefully. And I know you believe you are the only one who understands money and QE. But your analysis is always one-sided, which is why none of your forecasts about hyperinflation and the collapse of the dollar ever come to pass.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. appliancejunk

    appliancejunk Silver Bullion Investor

    Sometimes I wonder if this CT is more about government and taxes or coins.

    I'm getting tired of coming to CT thinking I'm going to read something about PM only to read replies like the ones posted above.

    Seems to be a lot of internet police around here.
     
  4. medoraman

    medoraman Supporter! Supporter

    If it is my replies you are objecting to I apologize. I did not bring taxes up, but when someone assumes PM is an avenue you can avoid taxes on profits by, I object and gave reasons for my objection.

    If you wish to analyze prospective investment alternatives ignoring taxes that is your right.
     
  5. appliancejunk

    appliancejunk Silver Bullion Investor

    It's no one in particular and not even just this topic.
    Maybe I just pick the wrong topics to read. ;)
     
  6. fatima

    fatima Junior Member

    It's not debatable. The monetary base was $500B in 2008. Today it stands at $2500B and Bernanke's announcement of $40B/month purchases of MSEs means it's going to increase to over $4000B by the time the program has concluded. That is monetary inflation.

    It's an unprecedented amount of money in the base supply. Prior to the first QE, MB had been held at $500B for years.
     
  7. SilverForLife

    SilverForLife Member

     
  8. SilverForLife

    SilverForLife Member

    Every Year individual stocks go out of business. When has PM's every gone out of businees or bankrupt?
     
  9. SilverForLife

    SilverForLife Member

    100% agree with you on this one!
     
  10. SilverForLife

    SilverForLife Member

    We do not a have normal consumer price inflation. The Gov't rates are a scam. The true rates are below.
    http://www.shadowstats.com/alternate_data/inflation-charts
     
  11. Elapid

    Elapid Member

    Some people know I have PM's, they don't know much, and they don't know where. And believe me if you looking at the vaults you only looking at 10% the rest is hidden where a metal detector wouldn't find it. And the best part of it all, Uncle Sam doesn't have a clue I have it. This is a game that needs to be played under the table in the dark with people you trust.
     
  12. desertgem

    desertgem Senior Errer Collecktor

    And one should believe this site and their math because??
     
  13. SilverForLife

    SilverForLife Member

    Everyfew years the Gov't changes the rules/criteria. You cannot not compare the history/due to changes by both Dems/Reps.
     
  14. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    It's pretty easy for anyone with even a tiny bit of training to identify stocks with bankruptcy potential and avoid them, and to diversify. Besides, I've never bought into the idea that an investment such as PMs are good merely because they can't go to zero. In my opinion, investors should be trying to earn an after tax rate of return higher than the rate of inflation, and should own investments that promise that sort of return with acceptable levels of risk based on ANALYSIS, not a religious devotion to a single asset class like PMs. So there are times when real estate or stocks or PMs or even bonds :eek: should get preferential treatment in a person's investment portfolio. There is no single magic investment as much as many wish it.
     
  15. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Shadowstats is pretty well respected and uses the statistical methodologies that the government used prior to about 1990, before the introduction of hedonic adjustments to inflation rates and social security raises. As evidence, does anyone really believe the government published inflation rates based on personal experience?
     
  16. appliancejunk

    appliancejunk Silver Bullion Investor

    So you don't trust the government? lol...

    Get ready for the nasayers. ;)
     
  17. justafarmer

    justafarmer Senior Member

    Simply stated MV=PQ
     
  18. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Except that V has been dropping so that the outcome may not be as expected. Also, this is a flow view that ignores the "balance sheet" impact. A lot of the new M will never make it to the PQ because it is going into reserves and investments, not the GDP calculation. I don't see this discussed much, but I'm sure the Fed is very aware and will change course if needed.
     
  19. fatima

    fatima Junior Member

    Not in regards to my post that you quoted. This is because M = circulating money and I've not mentioned that.

    You probably do not realize this formula, whether you believe in it or not (and there is wide debate on this) does not apply to the base money supply. MB /= MN (where N = 1,2 or 3)

    Go back and re-read the post of mine that you quoted. I am talking about MB. After years of being held at 0% change, all of a sudden it has been increased by 500% in the last 4 years and that should scare the pants off anyone who truly understands this. Unfortunately most people don't. The Federal Reserve, in it's effort to change our finance system into one of positive feedback has entered into unprecedented and uncharted waters.

    Now
     
  20. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I think it is highly debatable that MB is the most important M since a big chunk is just bank reserves with the Fed. After the 2008/9 event, reliquifying the banks is understandable, but nothing to panic over.
     
  21. justafarmer

    justafarmer Senior Member

    No, you were talking about monetary inflation and there are several schools of thought on it. With one subscribing to the idea it being simply an increase in the base money supply.
     
Draft saved Draft deleted

Share This Page