How do all the old timers feel about "silver stackers?"

Another high school debate class strategy?

 

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@V. Kurt Bellman ; I coin roll hunt silver halves, buy silver and gold online and at shows on a consistent basis and have bought Zombucks. Probably classified in Kurt's moron Woo Woo types. I think Kurt is kind of a "you know what" with his comments but I agree with what others have said in that it is kind of good to have him around as a critic. He backs up what he posts and probably keeps some of us thinking about our bullion purchases so we don't get carried away. At least it helps me out.

 

One can argue a point without insulting the opposition and name calling.

 

True, perhaps he can tone it down for the sensitive types but I actually think it's funny. We got this salty, blowhard Economist guy from back East going off on everything. When I read it I laugh at him and myself too because he does bring up some valid points.

 

And one can read past the insults and name calling to get to the good information -- but one couldn't be blamed for getting tired of it.

 

You seem to like to buy and flip. I don't see you posting moron doomsday stuff.

 

Yeah, that's the real problem here, isn't it? It's an "old West" worshipping mindset I'm up against here. Well... guilty. I do not come from or frankly much like that cultural state of mind. "Cowboy culture" is not something I admire or ever have. My cultural preference is, ohh, let's just call it "British old world gentleman's club".

BTW, I myself bought a 1 ounce silver piece yesterday at Baltimore. Yes, just one. A 2017 Britannia.

 

He means you specifically are on the other side from the sanity one.

 

LOL< Wow, was shocked at tyhe question myself, but LOL

 

Inn my opinion, that was not a smart comment but rather stupid to say. We can not control what another wishes to or not to do with there money. This whole argument is stupid. IMHO that is...

 

Can one? Can one really? We're talking about an opposition that fundamentally cannot be argued with because they share almost no underlying knowledge or belief systems. That is, they are working from an incompatible knowledge base, fact base, or even logic base.

 

Kurt is fine. He's the standard Macro Economist. Myself I'm a micro economist. His concepts and stance fit perfectly to his education, etc. I totally understand and agree with him on his perspective.

Myself, I'm a bit more open and understanding except when we get to the "entire world will collapse and only trade silver and gold". To me, that is just plain ridiculous and fear-mongering. But as I mentioned earlier (and he did too), you can't really change or inform those people closed off to "real info".

I also like silver stacking. It's just plain cool to look at as long as it's obtained at a fair price.

I think Kurt just "stacked" .. though with only 1 coin.

 

This isn't an argument...
Yes it is...
An argument is a connected set of propositions designed to establish a point of view
No, it isn't...
Yes it is...
etc

 

The trouble with stackers is their propensity towards maniacal individualism. The trouble with the status quo is their propensity towards maniacal control. I suggest we suck it up because their attacks are not going away any time soon. Personally I'm beginning to welcome the attacks and insults as reassuring feedback that I am not even close to being in "their league." In fact I may start giving likes to particularly venomous posts about me.

And besides it's only going to get worse. You see, continuity of the status quo, aka "the greater good" requires control. Control requires force. Force requires strong central authority. Strong central authority requires rising returns to scale.

That's the problem. Returns to scale are falling and have been for decades while returns to resistance via techonology and the internet are rising. And how does the status quo's monkeys solve that problem? By increasing scale of course. Worked for Little Ben with his QE804 didn't it?

Power is devolving from the status quo to the small and nimble. See figure 1. below:



You can already see it happening. Bezos and Gates have more sovereignty than most nation states but they are small in comparison to a nation state. There are succession movements around the world and even here. There are tech geeks in California who are going to have a floating geedom city state on ships 12 miles out from CA.

The status quo is losing their grip. And believe it, they will not step aside and apologize for being a pus-boil on the butt of humanity. They never have and they never will.

And BTW, none of this is new. Most of it was pointed out 20 years ago by....oh..oh, my my look at that...



And published by Simon & Schuster for those who give rat's behind.

 

Meh. Call me a traitor to the Founding Fathers if you wish, but I'll continue to support the status quo (while trying to treat the worst of its warts) over a world of royalty, serfs and local strongmen.

You'll only be "sovereign" until you run out of bullets, or until you have to sleep. Not a path I find compelling.

 

With the exception of the nworld preppers I thought the old timers and stackers are one and the same.

I spent all my money on _______ and ______, the rest I just wasted. How you fill in the blanks is up to you.

 

you could technically argue, of course people will have differing opinions if it is even relevant, that the downfall of the modern age was written back in AD 81-96 with the Book of Revelations not in 1999.

 

And well before that in the Vedas. But these aren't technical arguments; they're arguments of a sort that aren't to be pursued here.

 

Nah, my son's an Anglophile and with the new background (radial lines) in the new Britannia, it's a new type.

FWIW, the world has a final endpoint. Th sun will be going red giant eventually and its diameter will include the earth's orbit (and Mars' probably -- no salvation there, Mr. Musk.)

 

One small point concerning stacking. How about the number of Jewish people who had gold coins to help bribe theie way out of Nazi held territory and make it to the west? How about the policy of giving pilots gold coins to use if they were shot down over enemy territory? My parents went through the depression of the thirties (I was born late in their lives) and told me stories about how banks closed, government bonds became worthless. Roosevelt declared it was illegal for citizens to own gold and they had 30 days to turn them in for paper money. By the way, he did that because our paper money, at that time was backed by gold and silver, by calling in the gold he was able to print more money.

Today our paper currency is backed by.......nothing. It is a fiat currency with the backing of the Federal Reserve System, which is not even a government agency, similar to the Post Office. Keep in mind the only Government agency that makes money and turns it in to the Treasury is the U.S. Mint.

Having said the above, I only buy gold and silver coins, not rounds or bars. I do collect Casino Silver Strikes, but that's because I like them and local dealers don't, so I get them for a little above melt.