when is the silver crash coming?

Discussion in 'Bullion Investing' started by AlexN2coins2004, Sep 4, 2009.

  1. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    I wanna know when silver eagles are gonna be worth face value? :D
     
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  3. Tater

    Tater Coin Collector

    When SHTF.
     
  4. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    what?
     
  5. regandon

    regandon Senior Member

    The last three letters stands for Hits The Fan. I think you can figure out the first one now.
     
  6. AlexN2coins2004

    AlexN2coins2004 ASEsInMYClassifiedAD

    aww! yea I get it

    but seriously is the whole silver spike being made by china and will soon go away once they trade away the US dollars they got? or is this just the start of the china silver/gold boom that will drive prices up indefinately?
     
  7. TheNoost

    TheNoost huldufolk

    Nothing is forever, well, maybe diamonds.
     
  8. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    :pThey have a face value ???
     
  9. TheNoost

    TheNoost huldufolk

    yes, it is $1. If basing on something like that I would go Canadian. I think there 1oz is a $5 coin.
     
  10. blue_oxen

    blue_oxen Junior Member

    hum well I dont know if this is political or not but I'm going to try to say this in a very non political way.

    There is a conspiracy theory that china is buying up all the silver and gold so that they can go back to a metal standard . with the price of silver and gold very hi there money would be worth large amounts compared to the money of the rest of the world with all there wealth they would be able to do bad things.
     
  11. TomCorona

    TomCorona New Member

    Yep...that's certainly resembles being political which should be grounds for edit. This hurts my eyes and offends me, seeing actual words in print. Probably will be ok though, since it has "keywords" that folks inside the bubbles like.
     
  12. blue_oxen

    blue_oxen Junior Member

    lol I really tried to say that in a non political way. and left out a lot of info I think it focuses on money and its value.
     
  13. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    You did very well, and it just so happens that China is reported to be buying more gold and silver. It isn't a conspiracy theory or political in any way. It's just news. Now, nobody can say for certain that the story is true because the Chinese never confirm or deny stories about what they are supposedly doing. It's just one more factor in the mix.

    Edit: But that said, there is almost a zero probability of China going back on a gold and/or silver standard.
     
  14. CrustyCoins

    CrustyCoins Twilight Photographer

    It may drop in the future but not nearly as much as you hope. The silver supply is dropping every year which may force Silver into the 20+ dollar range in the near future.
     
  15. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    That would be a very difficult switch to actually pull off. Probablity would be miniscule at best, and sounds like the brainchild of a conspiracy theorist. :secret:
     
  16. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I have a lot of sympathy for conspiracy theorists [the minority]. :secret: At least they understand that history is a long string of conspiracies put into action. Almost nothing short of an act of God such as an earthquake happens completely by chance without the behind the scenes planning by individuals seeking wealth, fame, power or just to accomplish something.

    On the other hand, all of the coincidence theorists [the majority] :confused:that believe nothing is ever plotted and planned and that everything just happens by accident are difficult to take seriously.

    Rest assured, the things you will see on the news a month from now are being planned and discussed by someone, somewhere today.
     
  17. TomCorona

    TomCorona New Member

    It isn't a conspiracy theory or political in any way. It's just news..


    I just love selective censorship based on one's own personal interpretation versus any definitive standard. Achtung!!
     
  18. TheNoost

    TheNoost huldufolk

    I didn't think there was enough silver/gold to return to that standard, with population so high.
    BTW: I'm more worried about the things we won't see on the news.
     
  19. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    There actually is enough gold and silver. It takes much less than you think. If you study Adam Smith's Real Bills Doctrine and follow it up with a study of the way bills were discounted under the gold standard, this becomes clear.

    That said, there is about a zero percent chance that we will ever see a gold or silver standard again. Governments will never give up the printing press.
     
  20. TheNoost

    TheNoost huldufolk

    I need a real bills doctrine for dummies summary. I don't get why we would even need banks in that case. Anyone could offer papers that say x item = y ammount of dollars with proper collateral.
     
  21. TomCorona

    TomCorona New Member

    I need a real bills doctrine for dummies summary. I don't get why we would even need banks in that case. Anyone could offer papers that say x item = y ammount of dollars with proper collateral.

    How dare you Sir!! Our government would never do such a thing! Besides, our people are way too smart to fall for any of those kind of shenanegans!!
     
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