If you don't Silver Stack you will be left behind

First off, what makes you both believe I don't live my life? I have businesses, I have properties, land and other assets. I have fun doing what I'm doing. What I don't have is debt, I don't buy into nonsense that common sense tells me is nonsense and I don't listen to the info that is fed to MSM to make people believe everything is ok. I don't buy stocks, but I do have a 401k from when I worked for a salary. I don't live in a cave and I'm not preparing myself for the armageddon you guys are speaking of. I am trying to prepare something for my kid that will give her some help after that financial armageddon.

I would like to believe that you guys could read what I stated without making leaps of judgement as to what I am or am not. It does appear that you cannot do that. At no point did I state silver or gold will save anybody. At no point did I or have I told anybody that it will, nor have I stated they need to buy some or hold some. I do believe to each their own, no matter how much I disagree. I do believe that PMs will give somebody a better chance at recovery after that meltdown, so I do what I do.

 

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Why do you insist on being an arrogant donkey? Why do you insist on putting ideas into my posts? What do you have to gain except making yourself feel better?

 

Well said PeacePeople.

 

I find stackers so tragically sad that they literally are funny. You have to laugh at them - it obviates the need to seek mental health interventions for them.

But you know what's even funnier? "You don't know me or anything about me" protestations. Keep it up and I swear I'll wet myself from laughing so hard.

 

First of all, I'm over 60, been around the sun. I understand assets perfectly well. Yes I'm taking about something that never happened to any Reserve Global currency but I believe the handwriting is on the wall. We can't sustain the 17 Trillion in debt and think the economy is strong. Someone has to pay the piper. And I don't like Ho Ho's.

 

Sure you will, V. You don't know the first thing about me, yet you insist you do. You're doing 2 things very well, obviating yourself from the truth, and making yourself look a fool. It's ok though, you're doing a fine job.

I will point out to both of you, that I didn't attack you in any way until you went into your sarcastic and obnoxious posting. Sorry, you started it, you made yourselves look foolish and all I needed to do was post some simple questions and my opinion.

 

What you say here makes some sense, but it is very contradictory to most of your posts. Why on Earth do you get so upset when folks suggest Silver is not the answer???? This post is basically states, you believe in diversification, you don't believe the end of the Financial World is coming and Silver will not save you Congrats, you are are NOT a stacker

 

No you didn't, because you can't. Stackers can't ask questions other than rhetorical ones, because they already have all the answers. Nobody can have the stacker viewpoint without having taken an amateur economist's misunderstanding at face value without questioning it in an academically rigorous setting.

 

Wrong again, I do stack.

I will post my opinion about stackers also. I believe many of them get it wrong. You take a look at you tube, buying habits on ebay or other items they purchase and I'm of the opinion that many of these "stackers" are actually collectors and speculators. If they were stackers in the true sense of the term, they wouldn't be buying things that have 30 and 40% premiums because of the pretty pictures. They'd be buying 90% and straight bullion at the cheapest premiums they could get.

I am a speculator, no question about it. I do have a stack, and a very large percentage of it was paid for by my speculating. So I do also stack. Now that I told you what I do, you guys can fill in the blanks as to why. You seem to like that.

 

You should stop, you look foolish enough as it is.

 

When you measure the debt vs. GDP we are no worse in debt than we were after WWII. Why is this time impossible to correct and yet we were able to accomplish that feat in the past?????

So you are betting something that never happened will, with no hard evidence except "the handwriting is on the wall" and you are saying that something that did happen in the past will not happen again. Sorry for being so blunt, but that sums up your position. I strongly disagree with that, but even if you are correct, the powers that be can kick this can down the road far enough that we will not see it in our lifetimes. Look at Japan, they are sure struggling but their debt situation is twice as bad as ours when measured against GDP and they are improving.

 

Hmm, let's review the bidding. I can either look foolish to:

A) an ideologically out-of-the-mainstream economic thinking fellow from the far west, but not left coastal states, or

B) the vast majority of the economics profession and nearly all (they do go nuts occasionally) Nobel Prize winners in economics.

I choose "A", and rededicate myself to staying out of Mountain Zone states for residency.

 

You're saying your convictions aren't quite as solid as you're posting indicates? Got it!!!

 

And before anyone objects, let me state right now that being about where we were sovereign debt-wise after WW2 is a bargain. Our current military foes will probably prove more stubborn and difficult to dispatch than Hitler's, Mussolini's and Hirohito's boys combined. Make no mistake; the flattening of average yields this century is as much due to the post-9/11 changes in realities as anything else.

 

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No, what I'm saying, in all seriousness, is that I take my formal education extraordinarily seriously, and treat it as the precious gift it is and was. It was the first time I had taken education seriously (I coasted in high school to a #25 of 835 graduates and National Merit Scholar finish), and I absorbed the field like a sponge.

I also am keenly aware of the regional differences in modal politico-economic thinking, and thank my lucky less-easily-visible-than-where-you-get-to-observe-them-from stars that I live among the people I do.

If I could get your night skies and keep my neighbours, I'd do it in a nanosecond.

"For our listeners in Yorba Linda", that means I know I wouldn't fit in there.

 

Who exactly is this enemy you're speaking of?

 

When I was 13 I figured out that intelligence and educated are not one in the same.

 

The highly ill-defined and frequently morphing version of allegedly religion-inspired Middle East persons.

 

Yeah, but the combination sure is a powerful cudgel with which to dispatch ignorance. C'mon, say something else disparaging of formal education and then tell me how foolish I look. C'mon, you're sitting there with 14 showing, double down.