Jackie, that wasn't a helicopter that was just the sky falling ....lol. I love this quote: THE MOST IMPORTANT THING YOU CAN DO WITH YOUR ACTIONS. DON'T DELAY, GO DOWN TO YOUR LOCAL COIN SHOP AND BUY SILVER AND GOLD. DO NOT HESITATE, DO NOT DELAY. I wonder if this message was paid advertising courtesy of your friendly local neighborhood coin dealer. He needs to make rent this month and momma needs a new pair of shoes. Next weeks ad will be sponored by the dairy council...here is a preview: THE MOST IMPORTANT THING YOU CAN DO WITH YOUR ACTIONS. DON'T DELAY, GO DOWN TO YOUR LOCAL SUPERMARKET AND BUY MILK AND CHEESE. DO NOT HESITATE, DO NOT DELAY
I think that instead of "Wow" the tagline should be "Huh?". I suppose somewhere in that incoherent rant is a kernel of truth. The government shouldn't rescue people who make stupid investment decisions. But, "killer", "psychopath", "Hitler" just for NOT buying silver and gold? I agree, this author is part of the black helicopter, "the government is coming to take your guns away" crowd. I also think the government should not intervene to save nut jobs from themselves.
Hegemony (look the meaning up) iin numismatic terms is the influence or power a country's currency has in the region it circulates. Right now the United States currrency has worldwide hegemony. In Canada, the working class people are wanting to know "what's the exchange rate of their dollar to the U.S. dollar." Notice all commodities in world trade, such as oil, gold, silver, wheat, etc., are listed in U.S. dollars? Guess who's trying to change that? Russia, China and the European Monetary Alliance. The Euro! Already the euro is worth more the U.S. dollar! Unless the US gets off its duff and, once again, backs our currency with precious metal we will lose our status as a monetary world power: so went Athens and all of Greece, Spain with the defeat of the Spanish Armada, Rome, etc., etc. Clinker
I just got off the phone with the bank. They approved by $30,000 home equity loan. I called a few local coin shops and I'm cleaning them out of junk silver and silver rounds. I also rented an offsite storage locker to store the hoard. Discretely hidden in army surplus ammo boxes, no one will ever know what is in there. After sealing King Tuts tomb next week, I'll be able to sleep more soundly at night and listen for the helicopters. Really? ...no ...not really.
Do you have change for a 1000 ounce platinum bar? I have been unable to buy groceries and I'm hungry.
Hacksaw? Better yet pound it down flat with the sledge hammer. Get a large diameter pipe, sharpen the pipe edge to a point and make your own platinum rounds.
Wouldn't purchasing Uranium, Radium or Platinum be a better investment. Much less quantity for your money. And being a small amount you could just hide it under your bed. :smile The advantage here is your bed would always be warm, no need for a night light, no need to worry about insects and good for thousands of years. :whistle:
Yeah .. 'huh?' would have been a good title... another would have been 'looks like someone forgot their meds today'. I agree.. I'll take 1 oz of platinum over 100 oz of silver anyday ... I'm passing on the uranium or radium though. I think that's what got this guy in this shape.
I'd take the 108 oz's of silver over the platinum historically, silver to gold ratio has been around 10:1 ... right now its 50:1 ... I have heard gold is 7 times more scarce than silver... gold is mostly hoarded, silver is mostly utilized industrially... silver seems like one of the better metals to me... I don't know much about platinum, except that they use it for catalytic converters in vehicles, and the vehicle industry isn't doing very well right now... but I really am excited about the medicinal applications of silver... I have heard from somone on here that his son was burnt badly on his hand, they gave him silver cream and it was healed within a week! I guess its super antibacterial... just as long as your not one of the few hundred people that are allergic to it (it comes out in your skin and makes you look like a dead person or blue... you can take a microscope and see the metal particles embedded in the skin)
Photography.... Untill recently, silver was used mainly in film. The new digital age has drastically lowered the demand.
When? Over the last 30 years, it has been running between 25:1 and 50:1. Does that not qualify as history?
