The beginning of the end?

Discussion in 'Bullion Investing' started by Pacecar, May 26, 2014.

  1. I agree with the majority of you that this will likely not effect the price of silver. However, it would not surprise me to see a run on silver leading up to this date or maybe right after due to psychological factors. It could be a good time to sell if you are so inclined. TC
     
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  3. mikem2000

    mikem2000 Lost Cause

    This is a highly unlikley scenario. Any input on why you are certain the dollar is "propped up" when it trades on the open market? Also, are you trading in your car for a horse since that has real longevity, the automobile is just a fad right, that has only been around 100 years ago or so.

    I am sure the folks at zero hedge and silver doctor would love for you to believe this, but it is important to understand that their sole mission in life is just to sell you Silver.
     
  4. Gnomey

    Gnomey Active Member

    I respect your opinion but I could do without the rude sarcasm sir. No I'm not trading in my "car for a horse." You can believe whatever liberal propaganda you like sir, but the FACT is that as countries are dumping dollars, and those dollars will come back home to roost. This means super inflation (which is already taking place) and dollar devaluation.

    Do some research before you start attempting to heckle me. Heck, read the quote in my signature and take it to heart...I put it there for people just like you. :bookworm:

    I dont need anyone to "sell me silver." I understand sensationalism is used as a selling tool, but this is bigger than silver IMHO. The dollar is not going to last much longer as the world reserve currency, and that's a fact Jack. When it loses it's spot as that reserve currency, it will tank and will be severely devalued. When it does, I'll be glad I have my beans, bullets, bullion, and bandaids.

    http://www.cnbc.com/id/101450365

    http://www.cnbc.com/id/100461159

    http://www.zerohedge.com/news/2014-...f-economist-calls-end-dollar-reserve-currency

    http://resourceinvestingnews.com/67406-us-dollar-gold-goodman-currency-russia.html

    http://www.munknee.com/shift-from-u...ncy-underway-what-will-this-mean-for-america/

    http://theeconomiccollapseblog.com/...d-reserve-currency-is-about-to-come-to-an-end
     
  5. mikem2000

    mikem2000 Lost Cause

    You were the one that said you had the thick skin, so i figured you could handle it. Wasn't meant to be rude at all, just to meant hit home. The horse comparison is valid, if you think it is riduculous to trade your car in for a horse, that is good. We have evolved past the horse as we have for commodity backed money. Gold and Silver are barbaric, just as the horse is.

    It was fair of me to call you out on the dollar being "propped up" The only folks really saying such things are the bullion bloggers (Silver Sellers). Not a stretch that get your info fron zero hedge (am I wrong). Many folks just parrot the sales pitch back. You say you are different, make your point. Let's start with the dollar being propped up. At this point, most of the stackers would say something like "it is so obvious that the dollar is being propped up, you are just too stupid to understand" Well I don't understand, make you case. If you cannot, I suggest your case is weak.
     
  6. Gnomey

    Gnomey Active Member

    Fair enough sir. I really don't feel like I have to explain myself, however it is fairly common knowledge that the Fed prints money Willy-Nilly and has been manipulating the dollar value for the 101 years it has been in control of the dollar. Here are some great articles that speak to that. I don't have all day to "make my case." I have linked about ten articles in my two posts. Read for yourself. Disagree if you like. We can agree to disagree. The wonderful thing about our country is that we have that right. I'll continue to buy my "barbaric" bullion myself...along with my bullets, bandaids, and beans so to speak.

    http://www.hangthebankers.com/federal-reserve-100-years-of-us-dollar-manipulation/

    http://www.thenewamerican.com/econo...-manipulation-china-fighting-dollar-with-gold

    http://vidrebel.wordpress.com/2013/...-reserve-manipulation-of-gold-and-the-dollar/
     
    lucyray likes this.
  7. mikem2000

    mikem2000 Lost Cause

    No, you don't HAVE to explain yourself, but that is sort of the point of a forum. Posting links is OK, but as many links as you can post saying one think, I can post just as many saying another. Honest open discussion on the other hand encourages thinking.

    So here is my point , you seem to have an issue with the FED printing money "Wiily Nilly", but printing money is needed as as the economy grows. With out new money coming into the system, you would almost be guaranteeing deflation, which would completely stiffle any growth. Even with the Gold standard, new money came into the system. The problem with Gold though, was there was no control at all about how much. However much folks could dig, that is how much new money came into the system, both from US and forieign "diggers" That actaully sounds MORE "Willy Nilly" to me. I mean what if too much was coming in. There was no way to stop it.

    Now most "stacker" type folks seem to have a problem with fiat coming out of "thin air" but don't seem to have an issue about Gold coming out of "Brown Dirt" I don't get that, both Gold and Fiat are both essentially useless. Gold is really nothing more than fiat once removed. since its industrial uses are almost nil, it only has value because other people say it does, just like fiat!!!!!
     
  8. Pacecar

    Pacecar Well-Known Member

    I love the replies guys. I have no idea on anything, except I think that the mainstream media is full of doodie when they say the economy is recovering, as I just don't see it 'round these parts. I do think that I will keep buying whenever I can. Thanks for the posts, they get me a thinkin'.
     
    lucyray likes this.
  9. Pacecar

    Pacecar Well-Known Member

    2 weeks and counting........

     
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