Bullion VS Stocks

Discussion in 'Bullion Investing' started by SCFY, Jul 2, 2013.

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  1. SilverForLife

    SilverForLife Member

    I accept both as US history. I also accept the US National Guard claiming 1636 as their founding.

    The fact is fiat debt paper never ends well.
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  3. NorthKorea

    NorthKorea Dealer Member is a made up title...

    The National Guard was formed as a federally funded organization on 21 January 1903. The 1636 date is where they loosely trace their lineage to.

    Also, this is irrelevant to the original statement that the US has never invalidated legal tender status on its currency.
  4. SilverForLife

    SilverForLife Member

    We have a rich relative PhD type in So. Cal who wrote a computer program to trade currencies for a living for folks that are even richer than him. I asked him what do you personally privately invest in.......

    He said only tangibles like RE and PMs (Ron Paul style investing)......go figure! He told me he doesn't believe in any of the currencies that he trades in. It's just a way to make fiat USD to buy real things with.
  5. SilverForLife

    SilverForLife Member

    It is still US history just like the two other currencies.

    National Guard marks its 375th birthday (Official US Army)
  6. NorthKorea

    NorthKorea Dealer Member is a made up title...


    See the Jan 21 entry... specifically 1903. I'll give you that the Army National Guard draws its history to the Massachusetts militia. That fact doesn't change the fact that you're wrong on the US demonetizing legal tender status from fiat currency.

    Also, there are MANY other varieties of non-acknowledged currency that was distributed in the US that you could say are defunct... just because you believe something doesn't make it fact. The United States government NEVER acknowledged Continentals nor Confederate currency as legal tender. Since it was never acknowledged to be legal tender, it could never be repealed.
  7. SilverForLife

    SilverForLife Member

    The US Gov't also lies about the inflation rate and unemployment rates. Do you believe these as stated by the Govt?

    This guy takes current Gov't data and uses 1980 reporting standards (not variables that change every time a Dems/Reps gets elected) for 10% unemployment and 23% unemployment.
  8. NorthKorea

    NorthKorea Dealer Member is a made up title...

    There are specific websites for you to debate politics on. Cointalk.com is not one of them.
  9. SilverForLife

    SilverForLife Member

    I am talking PMs and fiat USD that we do not even know the value of. Shadowstats helps do the math.
  10. GDJMSP

    GDJMSP Numismatist Moderator

    Let's put it this way - either stop the political rantings or the thread will be closed.
    green18 likes this.
  11. SCFY

    SCFY Active Member

    This thread was meant to be about the topic listed not what I have seen for the last page plus, please keep on topic.
  12. mikem2000

    mikem2000 Lost Cause

    What are you talking about? Explain how anyone cannot believe in currencies. I am not sure if you undersatand what currencies are for.

    Now, I am assuming you do not care for fiat, but what does that really have to do with buying bullion. Nothing at all. What you decide to buy with your fiat is an independent decision.
  13. saltysam-1

    saltysam-1 Junior Member

    You get these type of rants and off topic opinions because you eliminated the actual answer in your original post. You must deversify. Both PM's and stocks each have their moment in time. You must have each in your investment portfolio to take advantage of this. To pick one over the other is not the answer to correct investing, timing is. But a lot of timing is based on future expectations and therefor never has 100% certainty. So you asked everyone to take the wrong approach and now you have the fight you asked for. The answer still remains; deversify.
    SilverForLife likes this.
  14. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I dunno, I think they're kind o' cute..........

    mikem2000 and chrisild like this.
  15. mikem2000

    mikem2000 Lost Cause

    Ah......your wit level is back on track, you have redeemed your self sir from the long time no sea comment :)

    But your taste in cars......... not so much :)
    green18 likes this.
  16. SCFY

    SCFY Active Member

    I left the diversify part out to keep this more simple, but I guess I was wrong LOL. Anyway, there a lot more people then I thought that were pro PM's and personally I don't trust stocks due to some of the unexplained drops that happen in the market. People literally lose their savings in a day.
    I was watching Mad money yesterday and Cramer was actually giving steps to people on the do's and don'ts of the stock market. I should have recorded it for you all. He even admits that its hard for the smaller investers to trust the stock markets with all the questionable things that have happened in the past couple of years.
    He gave a example of Facebook and how they set that up all wrong with their initial IPO and it cost a lot of people money.
  17. coleguy

    coleguy Coin Collector

    There are no "unexplained drops" in the market. There are drops due to a multitude of factors. Companies that produce virtual products, like Facebook and Google are super risky, and frankly only a fool would invest in them. You might get lucky for a bit, but I guarantee you'll lose eventually. Companies that produce major economic growth, even in bad times, are better than gold times 1,000. They are the granite bedrock of the market, the stock that keeps it from completely crashing. Learn what to buy and you'll wonder why you even even considered PM's to be anything more than child's play.
  18. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I like dividend stocks and it's nice indeed to see some extra 'jing' building up every quarter. Can't do that with PM's.........
  19. SilverForLife

    SilverForLife Member

    Wall Street and Gov's know all your stocks (no privacy) and always have their had out.
  20. chrisild

    chrisild Coin Collector

    Well, you have been asked before to take political comments elsewhere. Closed. Try Peter's "partisanlines.com" instead. ;)

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