< $15 Silver: Is this something worth waiting on?

Longnine, not trusting is one thing but burying your head in the sand is another. I will just give you one example, but there are MANY others.

How many time has someone posted that the inflation numbers from the government are bogus, and then 4 or 5 stackers start handing out the likes.

Now here is something that you can look into yourself through the powers of the Internet, and I have asked many times for the stackers to do so themselves, but no one does it. Just use the government numbers for social security and go back 10, 20, 30 years, whatever. Now pick your own RANDOM basket of goods. Google the prices then and now now, and do the math. In a few hours of YOUR OWN research, you will see the numbers are quite believable.

So, the question is . Why won't the stackers take the time and effort to uncover the truth. My only conclusion is the stackers are not interested in the truth. I mean if the government is telling the truth about inflation, they might be telling the truth about other things. Now we can't have that, can we???

 

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Mike, my point is not about whose data sucks. Stackers have this perspective and wallstreet folks have that perspective. And I don't see anything that indicates the twain shall meet.

GDJMSP is right. People are going to believe what they want to believe.

 

What is the truth? The truth you want to believe, the truth as reported by government statisticians, or the truth by "truthers"? Who has this actual truth? Is this like a unicorn, only a virgin at midnight under a full moon can see it?

Lies repeated enough times with conviction and never challenged become truths. Will you ever understand this?

 

That is nothing but mumbo-jumbo. it does not even have a meaning.

You don't want to do a little research to gather info?, fine. But let me tell you something, info is power, and with it, it is easier to make good decisions. If you read my posts, I am not telling you the truth, I am simply suggesting you do your own research and discover it for yourself. If that is too much trouble for you, or you would prefer just to be a zombie follower, that is the way it is. Just don't be surprised when your financial decisions turn out to be disasters.

 

$15 silver seems to be happening. We are under $16 right now, and you might get your wish soon enough. A lot of people think this might be the final dip for silver, then a bull run for years to come. Where is the bottom? Who knows?

 

I honestly don't believe there will ever be a "bull run for years to come" in any commodity, much less silver in particular. I also don't believe anyone can ever see the bottom, or a top, until it's already past. It's the nature of the commodities beast. I'm 60 and I honestly don't ever think I'll live to see $30 an ounce silver again in my lifetime. Maybe not even $25.

 

What's happening is the end of commodities, which is actually the end of the world we have lived in for so long. Gail Tverberg has some very interesting things to say in her most recent post about oil. The problem is that the energy being put in to getting oil is so much that the Energy Returned Over Investment is going down and down, and soon won't pay for getting oil out. Silver is a commodity that needs investment also, and it's not paying as much as it did, so it's similar.
http://ourfiniteworld.com/2015/06/09/why-eia-iea-and-bp-oil-forecasts-are-too-high/

 

Now you've touched a nerve with me. I have about had it with the "finite world" doom and gloom contingent. Nothing ever pans out as dire as the "finite world" crowd, or the environerds, say it will. When we look at the solar system as a whole, hydrocarbons are among the most plentiful chemicals out there. Even Mars seems to be oozing methane from an unknown source. Why do we assume earth's hydrocarbons are all "fossil" and "finite"? Yes, maybe biological activity ALTERED our core hydrocarbons, but why do we assume they're rare things in the inner crust or mantle? The evidence seems to be piling up that all you have to do to find virtually limitless hydrocarbons is have the guts to look. Do "everything"; oil, gas, solar, wind, fission, fusion, geothermal, hydro, tidal, ALL OF IT. But first, we've got to stop the handwringing.

 

There is a right and wrong, it is just not, we all have perspective and they are equal. For this discussion I am not arguing who has the truth on their side, just that it exists. This latest discussion, started as an observation that stackers are just not interested in the facts, and nothing you have posted has even come close to rebutting that. In fact, your posts and Peace's post have really confirmed the original observation, so I am not quite sure why you are even arguing. The both of you have really stated, Everyone lies, so there is no point in researching anything, we just believe in metal, because we do.

So how about you just giving myself and Kurt our props and say we were correct. Stackers are not interested in the facts. Done deal.

BTW, you keep calling folks like me and Kurt wallstreet folks. I cannot speak for Kurt, but I don't feel that is correct. I really don't care what I invest in as long as I feel it is a good choice to grow weath. If Gold ever drops below $700 and conditions are right, I will be all over that. It is much easier to make a profit when you have many choices to pick from, instead of just one.

 

I am WIDELY diversified. More widely than most can imagine. By the way, SOME of it, a small portion, is in stuff I just have a hunch about, without much data to back it up. The key phrase is "small portion".

 

A lot of people believe in abiotic oil. It might be true, but nevertheless we are running out of places to look for oil whatever you think its origin might be. I would say that I am diversified as well. I have some assets in land, some in silver, some in things like the schlock market and some in cash. It's good not to put it all in one basket. I have my silver, shotgun and solar investment strategy. Silver is tangible assets like silver. Shotgun is anything I do to keep those assets, such as home security systems and a gun or two. Solar is anything that once it's set up saves me energy and money. That includes PV and solar hot water, electric car, a wood stove and a woodlot for fuel.

 

Sounds like a plan

 

Thanks. I keep in mind the old adage "Man plans, God laughs".

 

Gee, sounds like most of it can be lumped in one category. You're planning for (hoping for?) a complete societal breakdown, at least as modern society is structured today. I can't see it happening. Not going to do that path. If it happens, I've got a well covered sniper nest on the highest ground around and I live among the Amish. I'll go with that.

 

I'm not hoping for it. I would be a lot happier if it never happened, but it looks like things might go pear shaped pretty soon. Being among the Amish is a great place to be.

 

Sure is. I'm already Yogi Berra-ing them. "You can observe a lot just by watching."

 

Amish are a poor excuse for doing the right thing, they force feed their women bull. Really the Amish they are about as backwards as you know what as you can get with women and kids and controlling young men.

Doug no Silver is not worth waiting for unless your cheap or not interest in big returns in the future, its a no brainer.

 

you obviously don't know anything about the Amish community.

 

And you sir, don't know anything about who does and does not know anything about the Amish. They are my ancestry on my mother's side and she taught us well of the reasons why they do what they do. In the last 5 minutes, three horse drawn buggies went by my front porch. I walk to buy eggs and produce to one of my Amish neighbors. I'm not just over here watching the movie "Witness", you know, although my daily commute does take me through the same train station they used to head toward Philly.

 

I was replying to sunrise coins. I live near the third largest community of Amish in the country.