Precious Metals And The Coronavirus

Discussion in 'Bullion Investing' started by Joe2007, Feb 21, 2020.

  1. Brian Calvert

    Brian Calvert Active Member

    What is the point of your post ? "Just sayin" ??? what does that mean ?

    They are one in the same, overbearing stock pushers that work for the banking cartels, sorry if you thought there was a distinction between the 2. The FED is NOW a ponzi pyramid scheme. You may look at the comment as any FOX news, ABC, NBC watcher would, the guy that goes to work, makes xxxxx a day and loses more to inflation each year as they continue to game the system.

    We know for a fact the banks were bailed out in 2008, then in 2012 they changed the rules to allow banks a bail in. The next time CDO's and other risky assets fail the banks will just take the publics money. The Government wont do it again.
    Anyone that does real research on the banks, our corrupt system knows just how rigged, how corupt it really is... Those that are either making lots of money off of it, or too ignorant to do the research write "just sayin" as if the person telling the truth is part of tinfoil hat community.

    In a way, it is no different than 1930s Germany. Hitler did not come out in the 20s and state "I want to kill jews in camps" He wrote I want to make things better for all, get unemployment low, blah blah. This has nothing to do with politics but more the people, people just follow as a group of sheep until it is too late.

    That is what is happening in America, you can read it in so many places, but never ever see it on TV. American Dream is dead, decent pay, good healthcare, properous times, all dead. Yes, there is a little good, for you, me, and some others, but it is deteriorating fast.

    Now, please dont put up another quickie response with silly emojis...
     
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  3. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Is it? I left the Army in 1984 after dropping out of school in the 9th grade and went to work driving a forklift. I worked hard and applied myself, educated myself in the ways of business and built a very successful construction supply business. Now I don't light cigars with hundred dollar bills or anything, but me and my family are comfortable and I provide a very lucrative health insurance plan for my employees at no cost to them as well. The American dream does exist for those willing to work for it.
     
  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Trading in palladium is allowed.

    This doesn't make sense.

    What rule changes ? So people's moneies in their bank accounts aren't theirs ?
     
  5. -jeffB

    -jeffB Greshams LEO Supporter

    real research def. Reading, listening to, or watching sources that make claims supporting my preconceptions

    (I know, I had to look it up after my first conversation with an Infowars true-fan...)
     
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  6. -jeffB

    -jeffB Greshams LEO Supporter

    Supporting example: platinum. Industrial metal, tanking.

    Counterexample: palladium. Industrial metal, continuing to bubble.

    At this point, I think palladium's bubble is simply generating enough lift to maintain its own rise. Nobody can possibly imagine that actual industrial demand isn't about to plummet.
     
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  7. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Palladium, more so then platinum, is tied to moves by a few large buyers/sellers like Russia. They have hoarded the metal.
     
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  8. Numiser

    Numiser Well-Known Member

    Why buy if we're all going to die or become Zombies?

    zombies.jpg
    .
     
  9. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

  10. -jeffB

    -jeffB Greshams LEO Supporter

    Great day for cash in the markets today!
     
    xCoin-Hoarder'92x likes this.
  11. medoraman

    medoraman Supporter! Supporter

    However, in almost all ultra serious times, they were only ultra serious THERE, not EVERYWHERE. PM has been extremely useful to get somewhere it is not ultra serious, (i.e. out of Bolshevik Russia, Mao China, Nazi Germany, etc).

    If the whole world is ablaze, I agree. However, if Chile is in fine shape, having 100 ounces of gold to GET to Chile is a very good thing. :)
     
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  12. medoraman

    medoraman Supporter! Supporter

    I know it takes 6 months to a year at least, but I would imagine most users of palladium are looking at the substitutability of platinum with palladium.

    I am putting my money where my mouth is. I am looking at PT closely with this drop and will pull the trigger on at least a few more ounces. However, it is stocks on sale that I will put more money into. All stock market drops in history have corrected. I do not think this is the same as 1929, and the correction will be more like 1987 than either 1929 or 1973-74. Even 73-74 was corrected in a few years. Just nervous about trying to catch a falling knife.
     
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  13. masterswimmer

    masterswimmer Well-Known Member

    Why? Because he (or she) who dies with the most PM's wins!
     
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  14. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Hopefully that person has somebody to pass it all onto. :p
     
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  15. FryDaddyJr

    FryDaddyJr Junior Member


    what difference does it make if yer dead?
     
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  16. crazyd

    crazyd Active Member

    Talk about increase in value - Many years ago I bought a box of 3M N95 Respirator style masks (easy breath) 20 Count for $23 (about 1.15 each). A SINGLE similar mask on Ebay is now going for $53 ! That would be over a thousand dollars for my box of masks. In an other month I might get an AGE for it :)
     
  17. Brian Calvert

    Brian Calvert Active Member

    Hopefully they muzzle the CDC from telling us the truth, continue to slash their budget 10% each year and thank GOD they removed the pandemic team in 2016. All a huge waste of money. Lets just concentrate on MAGA and the stock market, all is well as you could hear in the press conference yesterday. All is well !
     
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  18. longnine009

    longnine009 Most Exalted Excellency Supporter

    Ooooooh-Ahhhhh

     
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  19. abuckmaster147

    abuckmaster147 Well-Known Member

    Holly Heck that sums up my last Silver Purchase, I guess. Good thing we did not give up huh ???
     
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  20. TheFinn

    TheFinn Well-Known Member

    Gold is money - the universal money. You can use it in any country in the world. All fiat currencies go to zero. Money never does.
     
    joecoincollect likes this.
  21. medoraman

    medoraman Supporter! Supporter

    Well, first of all, you can substitute ANY commodity for "gold" in the above post and it reads the same.

    Second, gold definitionally is not "money", since "money" is government issued, not random commodities. Sure, you can trade a commodity in any country in the world for something, be it gold, silver, oil, bag of corn, but that does not make it MONEY. Unless you are claiming a bushel of corn or rice is also money......

    Third, not one fiat currency has ever been designed to BE a long term store of value. Currency is to facilitate TRADE. You get paid in currency, and you TRADE it for a house, food, investments, etc. In this circle, gold is a commodity or investment, not currency. If you are stockpiling a pile of US currency, Euros, etc under your mattress, you are doing it wrong.

    Now, want a compact commodity to hide from potential government forfeiture? Want a compact commodity in case you need to smuggle yourself out of a country? Sure, gold, diamonds, etc are good options.
     
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