Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.
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I still have a silver filling in one of my teeth. The rest were long ago replaced with the newer ceramic colored cosmetic implants that blend with the color of the teeth, but for whatever reason I still kept that one last silver one. So when silver goes to the moon anybody want to buy my filling? Maybe I can retire from it when silver hits $500,000 an ounce.
And then they get rid of the mess from Natural Selection's victory over the weak and/ or stupid.
And yet people seem to hate them?
Perhaps Nature should have some kind of institution that provides "accommodative policy" to circumvent what would otherwise be yummy roadkill.
It's interesting to speculate, but it doesn't really matter. The supply of gold and silver may grow if asteroid mining becomes a thing, but population will also increase by that time as would the economic output of the world. Therefore, a natural increase in the supply of money would need to happen to account for the additional value of the goods and services that new population provides to the planet. Therefore, it wouldn't seem likely that an increase in metals would really affect the price of those metals if population expands and the value of the global economy expands by a relatively similar amount.
p..s. to Add the VIX ( volutility index is up over 25%. Recently only saw that much during 2008 crash and 9/11 years. Over 30 is very significant if it happens.
If someone knows the market for gold will peak and stocks recover, the smarter play is to sell into strength and buy weakness. I have been doing this a little buying platinum and gold the last year instead of equities. If pm pops up and stocks decline, I will start buying equities.
I like buying assets "on sale" when others are not much interested in them if they are valuable long term assets.
I like to dabble in rare AV coinage. Seems you are having lots of fun, plus great investment in long term.
I would love it if the possibility that us labeling them a currency manipulator and threatening to take them to the IMF is what caused them to adjust back last night, but I'm not that optimistic.
"Forget that! Look over there, something shiny; is that one of those crazy paranoid stackers?"
Small stuff - a 2500 point drop would be more significant at current Dow levels
True. 2-3 thousand would be significant given the wild swings these days.
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