Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. Lemme Caution

    Lemme Caution Well-Known Member

    Only if it's a free-range bird.
     
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  3. Lemme Caution

    Lemme Caution Well-Known Member

    Looks like the PM version of a 1940's diner menu.
     
  4. Lemme Caution

    Lemme Caution Well-Known Member

    "I shot the sheriff, but I did not shoot the deputy (while relieving them of a load of gold and silver bullion)." There, that's my sole foray into political activism today. ;)
     
  5. TheFinn

    TheFinn Well-Known Member

    But unlike insurance, you get to keep the premiums paid in.
     
  6. Lemme Caution

    Lemme Caution Well-Known Member

    I just remembered I'm still in the bullion forum. Jeeez, this tends to be somewhat volatile territory. Glad I wore my official MASH souvenir Trapper John helmet!:greyalien:
     
  7. Lemme Caution

    Lemme Caution Well-Known Member

    Yeeehawww, yep, I love it.
    BTW, "jewelry exchange" is a code name for "den of thieves", just so you know.
     
  8. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    Oh I'm aware this is the "Through the Looking Glass" place. Some people will call what I do (and have) here "trolling". I say the regular denizens here ARE the trolls. You can't logically troll Troll Land.
     
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  9. abuckmaster147

    abuckmaster147 Well-Known Member

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  10. Lemme Caution

    Lemme Caution Well-Known Member

  11. sakata

    sakata Devil's Advocate

    Maybe he is crushing silver?
     
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  12. Lemme Caution

    Lemme Caution Well-Known Member

    In which case he's liable to get a errant silver sliver.
     
  13. baseball21

    baseball21 Well-Known Member

    Would have to be for that insane prediction to be true. Problem is everyone currently on the planet will have been dead for several hundred years by that point and they'll likely be mining it from asteroids and such by then. 10k plus gold isn't happening
     
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  14. -jeffB

    -jeffB Greshams LEO Supporter

    Oh, I rather suspect it will, maybe even in my lifetime. But it'll be because inflation has continued, and the dollar is worth a tenth of its current value, and the apocryphal "nice suit" or "gallon of gas/milk" or "loaf of bread" also cost ten times as many nominal dollars. Those of us earning competitive salaries, or living off market-tracking investments, will just be seeing on average one extra digit on our paystubs and receipts.

    I've expected high inflation for the last twenty years. The fact that we haven't seen it indicates to me that I don't understand all inflation's drivers. That doesn't especially surprise or worry me.

    I don't see anything driving the price of gold or silver ahead of other prices in general, at least not in the long term. I see a few possibilities for them to fall behind other prices -- automated mining (perhaps in space), decreased industrial/jewelry demand, and so forth.
     
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  15. desertgem

    desertgem Senior Errer Collecktor Supporter

    Probably sums up the Bullion section rather nicely. I agree :)
     
  16. Lemme Caution

    Lemme Caution Well-Known Member

    Proctologist have already been mining gold from hemorrhoids for decades.
     
  17. Lemme Caution

    Lemme Caution Well-Known Member

    I recommend an iteration of the "Mexican solution", referring to when that country lopped three zeros off the end of the Peso and 1000 of them instantly became 1. Of course, we don't have to be as drastic and can instead begin with just one decimal point to start with. In any case, I'll really be looking forward to buying my next Toyota Yaris for $1,500 instead of $15,000...it'll be a steal of a deal! :greedy::greedy::greedy::greedy:=:greedy::greedy::greedy::greedy::greedy:
     
  18. Lemme Caution

    Lemme Caution Well-Known Member

    Those who advocate the buying of bullion believe in the idea of bullionism and as such are known as bullionists. All in all, that's close to verging on too much bull, isn't it? ;)
     
  19. sakata

    sakata Devil's Advocate

    Not as much as is produced by 50 posts a day. :D
     
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  20. Lemme Caution

    Lemme Caution Well-Known Member

    My lord, you do have a lightning fast trigger finger, you little scamp. :p
     
  21. V. Kurt Bellman

    V. Kurt Bellman Yes, I'm blunt! Get over your "feeeeelings".

    BINGO! And judging from being around here for three years on CT, nobody here does either.
     
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