wheeler_dealer wrote:Precious metals can't be printed.
Engineer wrote:wheeler_dealer wrote:Precious metals can't be printed.
They can be devalued by adding uncertainty "fakes" into the above ground supply, and I believe we'll see a huge number of them hit the markets when the masses begin their panic buying.
Ever wonder why the treasury hasn't cracked down on the fakes, even though they're openly advertised? Why haven't the presidential czars blocked the IP addresses?
IMHO, it's because the manipulators see anything which scares the masses out of PMs as beneficial to fiat.
silverflake wrote:Chief, that's $20-30 fv that the sheeple are not buying. You are doing the right thing. Keep it going bud.
Chief wrote:silverflake wrote:Chief, that's $20-30 fv that the sheeple are not buying. You are doing the right thing. Keep it going bud.
Thing is I am scared of silver being unavailable at any cost. I am preparing for "normal" QE inflation, but not "hyper-inflation". Small time stackers will be screwed when they have to sell to buy f'n groceries.
Engineer wrote:Chief wrote:silverflake wrote:Chief, that's $20-30 fv that the sheeple are not buying. You are doing the right thing. Keep it going bud.
Thing is I am scared of silver being unavailable at any cost. I am preparing for "normal" QE inflation, but not "hyper-inflation". Small time stackers will be screwed when they have to sell to buy f'n groceries.
That's why you need a big pantry...but not just for food. Uncle Sugar will make sure bellies are filled to prevent riots, and you can use that to supplement your existing supply while looking just as poor and hungry as your neighbors.
I've got enough meat and canned goods for 3 months, and probably enough for 6...but I stack multi-year supplies of TP, clothes, shoes, shampoo, and other stuff I use every day. If nothing else it's a good QE inflation hedge, and in the event of hyperinflation it would be supplies which could be as hard to find as ammo is today.
Chief wrote:They can keep it low as they want, which is good for us, but I can only afford to buy $20-$30FV each month and it will be a while until I've got 1000's of ounces. What good will say 500 toz. do? It would be gone quickly if silver was the only way to buy things.
Hawkeye wrote:Good point. I had never looked at it like that before. Were it not for JP Morgan, I probably wouldn't be able to afford any silver. This silver stacking opportunity is brought to you by your friends at JP Morgan. Interesting.
Thank you, JP... Thank you, JP Morg... Thank you, JP Mor#%$*.... Sorry, I just can't do it.
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