Silver getting crushed today

You assume that the price of silver (or gold) will continue to go up and down. History does not always repeat itself, IMHO.

 

Log in or Sign up to hide this ad.

I agree!! I Hate to say it but most of the comments are way over my head but have to agree .[/QUOTE]
Thank you! Glad somebody sees the validity of what I'm trying to relate.

 

That it will my friend, that it will. About 6 months to possibly a year but, it'll happen. The craziness radiating from dc these days insures it. Plus, we can now all file bankruptcy and stick every creditor we ever had! edited: political

 

More than 18. That's still buying territory.

 

Then I hope for $19.00 Then $20.00 LOL

 

I don't like Fiat. I prefer Ford or Lincoln. j/k

with all the uncertainties in the US political system, and also Frances and Canada's and maybe Germany's election coming up with their political system that could have the same upheaval, uncertainty is driving up PMs (and all the other factors).

So .. it looks like a good bet to gain some short term appreciation especially if you don't do capital gains taxes.

Looks like Greece is going to go down in flames again too ...

 

Though it sounds like fun, Chapter 7 bankruptcy allows one (or a couple) to shelter about $11,000 in assets (excluding exemptions), all other nonexempt assets can be sold to pay creditor claims. The creditors have a right to acquire assets that you do not identify to shelter.

Then it stays on your credit report for up to 10 years, even though around 7 it may drop off. You then are limited to things you can buy on credit for a while, like a car or a house. And you may pay a high risk rate to obtain any type of financing.

Chapter 13 allows you to create payment plans for 3 to 5 years. of course, you pay additional lawyer fees as I think you have to be reviewed every 4 to 6 months after filing.

I'm not a bankruptcy expert though. But it's not fun. Sticking creditors with a loss doesn't sound like fun either because of all the backside negatives about it.

The good news is though that the federal homestead exemption allows you to protect your burial plot.

 

I wish I had the extra to buy another ten ounces or so, But I have bought all I have now with profits off other things I have sold and owned over the years so I guess when ever I do decide I have held long enough it will be a win I think. I remember my first 3, 1 ounce bars they were off a shotgun I bought at a yard sale for $80.00 and sold for $150.00 decided it was play money and bought silver with the profit. Getting ready for surgery in ten days and we have no extra's right now even thought about selling my error coins, and collection., I only look at them once every couple years and it does not seem like my kids or grand kids are too interested except for profit.

 

I've spent all my play money this month too. Just watching now ...

 

B-MAN U TRADER U.. AND A WHATEVER......

 

Yeah, I loaded up on 2017 ASE's and plan to sell them before everyone is looking forward to the 2018 ASE's. I can auction them at my coin club this month and make a small profit if I want. I will hope silver goes up and then I can sell for a nice profit later on this year.

 

same

 

I was reading some severe warning signs that the world economy, commerce and agriculture is coming to an end.

IceBerg Lettuce shortages are wrecking havoc in the civilized world ==> http://www.marketwatch.com/story/st...rg-lettuce-crisis-its-good-for-you-2017-02-07

time to load up on Silver .. it does have some valuable minerals in it.

 

Pork Bellys

 

Frozen orange juice concentrate!

 

Yes it is. The interesting part is how they shelter themselves from actual bankruptcy rules. Such as instances where you don't actually own your company, but you are a contractor to "your" company. Thus you get paid an exorbitant amount of $$$ no matter what. So if your, say casino is losing money, all the contractors and workers get delayed payment except for *you*. *You* still get paid as it's part of your contract.

And if prices of Iceberg lettuce skyrocket in your restaurant, you layoff a chef or two to compensate the addition costs. But *you* still get paid 100%.

 

All we need now is some toast & eggs.

 

The genius deceit of the corporate elitists and their tactics. People wonder how we go here? I don't. Yup. About 6-12 months I'd say. Sad but oh well. I'm building my fence a foot taller before the year ends.

 

No more posting. Just reading. Oh well.

 

prices back up, after dipping again