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Unfolding Nature Shop: Unfolding Nature: Being in the Implicate Order

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Re: Lets start a silver community [Re: Gilgamesh18]
    #17302963 -


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Re: Lets start a silver community [Re: qman]
    #17391003 -

Thought I would mention in this thread that the Fed has announced QE4.  It is expanding it's quantitative easing program and will plunge the country into an extra $85 billion of debt every month.  For those who are counting at home that is an extra $1 trillion of debt for the course of next year.  I think hyper inflation is a likely scenario for next year.  Odd the precious metals market is doing the opposite of what would be expected and is taking a dip.  I think it may be wise to pick some silver up when the market reaches $30-31.


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Re: Lets start a silver community [Re: liberty hunter]
    #17391033 -

liberty hunter said:
Thought I would mention in this thread that the Fed has announced QE4.  It is expanding it's quantitative easing program and will plunge the country into an extra $85 billion of debt every month.  For those who are counting at home that is an extra $1 trillion of debt for the course of next year.  I think hyper inflation is a likely scenario for next year.  Odd the precious metals market is doing the opposite of what would be expected and is taking a dip.  I think it may be wise to pick some silver up when the market reaches $30-31.





Its like they are trying to stay on schedule:




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Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

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Re: Lets start a silver community [Re: liberty hunter]
    #17391196 -

liberty hunter said:
Thought I would mention in this thread that the Fed has announced QE4.  It is expanding it's quantitative easing program and will plunge the country into an extra $85 billion of debt every month.  For those who are counting at home that is an extra $1 trillion of debt for the course of next year.  I think hyper inflation is a likely scenario for next year.  Odd the precious metals market is doing the opposite of what would be expected and is taking a dip.  I think it may be wise to pick some silver up when the market reaches $30-31.



The Fed is adding $85 billion of bonds/debt to its balance sheet per month, the debt is going higher regardless who buys the debt, the Fed or others.

The Fed creates dollars out of thin air to buy the bonds, which filter back into the real economy, thus far it has not produced the huge inflation one might expect, but this game of fiat money is all about confidence, when confidence is lost is any ones guess, but we are pushing monetary policy to its limits.

Edited by qman (12/14/12 11:24 AM)

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Re: Lets start a silver community [Re: qman]
    #17391313 -

Ive been eyeing the 1/10 ounce gold pieces at my local coin store so far I have resisted the urge to purchase some but they so shiny!


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Re: Lets start a silver community [Re: koods]
    #17395581 -

koods said:
Currency SHOULD HAVE NO ACTUAL VALUE. Silver has a lot of real value and it is a totally idiotic choice for currency and people who don't know this are not thinking about the issue rationally.



A currency that has a lot of real value is an idiotic choice over currency that has no actual value? :facepalm:

Do you happen to work for the federal reserve? That sounds like the kind hocus pocus logic they try to blow up our asses.

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Re: Lets start a silver community [Re: FooMan]
    #17395615 -

Maybe we can sell Koods actual monopoly money, after all the less valuable the better by his logic.


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Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

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Re: Lets start a silver community [Re: Asante]
    #17463522 -

Silver looks quite :grizzlybear: at the moment.  It may not be a far fetched idea to think that it could break through the $26 resistance and go all the way down to $20 :uhoh:.  If that happened though I would think that dealers would sell out fairly quick and there would be no physical silver left for investment.  This would cause the physical price of silver to surge.

On a brighter note the Perth Mint is bringing out new coins on January 2nd 12:01PM eastern time.  I would recommend buying the Mythical Creatures – Griffin 2013 1oz Silver Proof Coin as it will sell out within one hour of being released.  Once it sells out it will sell on ebay for up to double what you paid for it.  I am going to purchase some to sell straight away on ebay and hopefully make a profit.


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Re: Lets start a silver community [Re: liberty hunter]
    #17463550 -

liberty hunter said:
Silver looks quite :grizzlybear: at the moment.  It may not be a far fetched idea to think that it could break through the $26 resistance and go all the way down to $20 :uhoh:.  If that happened though I would think that dealers would sell out fairly quick and there would be no physical silver left for investment.  This would cause the physical price of silver to surge.

On a brighter note the Perth Mint is bringing out new coins on January 2nd 12:01PM eastern time.  I would recommend buying the Mythical Creatures – Griffin 2013 1oz Silver Proof Coin as it will sell out within one hour of being released.  Once it sells out it will sell on ebay for up to double what you paid for it.  I am going to purchase some to sell straight away on ebay and hopefully make a profit.



If silver falls to 20 all hell could break loose in the physical market we might even see premiums of like 5-10 dollars on generic rounds. At that point expect to see shortages and eventually prices shooting to da moon!!!



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Re: Lets start a silver community [Re: qman]
    #17463623 -

Don't worry about holding silver.  It'll shoot up when bald-headed Ben starts to run the printing presses again.


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:smug: [/url][/url] 
:smirk: IF THE NEIGHBORS COMPLAIN BECAUSE THE MUSIC'S TOO LOUD, TURN IT UP SO YOU CAN'T HEAR THEM BITCH    :smirk:

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Re: Lets start a silver community [Re: Gilgamesh18]
    #17463681 -

Gilgamesh18 said:
If silver falls to 20 all hell could break loose in the physical market we might even see premiums of like 5-10 dollars on generic rounds. At that point expect to see shortages and eventually prices shooting to da moon!!!




:awesomenod:

Thought I would also mention these coins going for sale:
Silver Bullet Silver Shield.  Only one day left to make a purchase.  I HIGHLY recommend you buy some immediately.  The last special coins this guy minted went for over double on ebay when they sold out.  Look here.  I have bought $1000 worth of the proof coins at $50 a coin.  They are no longer taking orders and people are now preordering them on ebay for $150: here.  Im going to sell them straight away looks like I could make a decent profit. :awesomenod:


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Re: Lets start a silver community [Re: liberty hunter]
    #17463742 -

liberty hunter said:
Gilgamesh18 said:
If silver falls to 20 all hell could break loose in the physical market we might even see premiums of like 5-10 dollars on generic rounds. At that point expect to see shortages and eventually prices shooting to da moon!!!




:awesomenod:

Thought I would also mention these coins going for sale:
Silver Bullet Silver Shield.  Only one day left to make a purchase.  I HIGHLY recommend you buy some immediately.  The last special coins this guy minted went for over double on ebay when they sold out.  Look here.  I have bought $1000 worth of the proof coins at $50 a coin.  They are no longer taking orders and people are now preordering them on ebay for $150: here.  Im going to sell them straight away looks like I could make a decent profit. :awesomenod:



Nice man I take half my paycheck and buy silver every week! Building my stack up nothing gives me piece of mind knowing that inflation won't rob me of my labor.


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Re: Lets start a silver community [Re: Gilgamesh18]
    #17463826 -

If everything went to shit natural resources would be better than gold and silver combined


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The Only Illusion Is Division

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Re: Lets start a silver community [Re: EvolveShrooms]
    #17463840 -

EvolveShrooms said:
If everything went to shit natural resources would be better than gold and silver combined



In a true SHTF yes however I don't think that will happen maybe a great depression or financial system collapse but not blood in the streets end of civilization stuff. Gold and silver have been money for the past 6000 years it would be prudent to certainly have some of your assets in precious metals. Also silver and gold retain there value during inflation so why should I leave my fiat currency BACKED BY NOTHING in a bank while INFLATION ROBS MY LABOR?


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Re: Lets start a silver community [Re: EvolveShrooms]
    #17463852 -

EvolveShrooms said:
If everything went to shit natural resources would be better than gold and silver combined



True natural resources would hold a lot of value but gold and silver have a long history of being used as money and will always be a store of value.  If china stopped accepting US dollars for trade and only accepted gold or silver I'm pretty sure the value of these metals would sky rocket.


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Re: Lets start a silver community [Re: liberty hunter]
    #17463908 -

Ya, if I had real money I'd turn a good portion of it into gold and silver. Guess the coin collection my grandps gave me will have to do for now


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The Only Illusion Is Division

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Re: Lets start a silver community [Re: Asante]
    #17464636 -

Wiccan_Seeker said:
Quote:
when it was around $4 an ounce. My dad is a huge silver bug. I don't see the point in it all




Your father increased his investment 8x and you dont see the point? :smirk:




only around 4x if you account for inflation and it was over a period of 20 years
this doesnt sound like all that great of an investment

now what happens when silver drops back to $9/oz.

it's the hoarding that's driving the precious metals prices

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Re: Lets start a silver community [Re: liberty hunter]
    #17464667 -

liberty hunter said:
Gilgamesh18 said:
If silver falls to 20 all hell could break loose in the physical market we might even see premiums of like 5-10 dollars on generic rounds. At that point expect to see shortages and eventually prices shooting to da moon!!!




:awesomenod:

Thought I would also mention these coins going for sale:
Silver Bullet Silver Shield.  Only one day left to make a purchase.  I HIGHLY recommend you buy some immediately.



at $4 over spot

Quote:
The last special coins this guy minted went for over double on ebay when they sold out.  Look here.  I have bought $1000 worth of the proof coins at $50 a coin.




paying more than $20 over spot

you dont find it strange that people are snatching them up at $70/coin while the $39 coins arent getting any bids?

Quote:
  They are no longer taking orders and people are now preordering them on ebay for $150: here.  Im going to sell them straight away looks like I could make a decent profit. :awesomenod:





no, people are selling preorders, one buyer, name withheld. 1oz of silver
for $150. how long until that investment pays off?

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Re: Lets start a silver community [Re: Prisoner#1]
    #17464697 -

Prisoner#1 said:
now what happens when silver drops back to $9/oz.



Buy more, a lot more.

Prisoner#1 said:
it's the hoarding that's driving the precious metals prices



No I would say it's the devaluation of the dollar.  Every time they print more money and devalue the dollar the prices of all commodities go up.  I advocate silver because it is the most undervalued commodity as it's used in almost all technology and shortages are occurring.


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Re: Lets start a silver community [Re: Prisoner#1]
    #17464738 -

Prisoner#1 said:
paying more than $20 over spot

you dont find it strange that people are snatching them up at $70/coin while the $39 coins arent getting any bids?





The old coins (in debt and death they trust) are going for $70 because they are sold out.  The new trivium coins are not selling on ebay yet because you can still get them on his website for $33.  You would have to be a dumb fuck to pay over $33 on ebay when they are still available on his site.  Also I agree the $20 spot difference is ridiculous but I am not holding them for investment just selling them on ebay for a quick profit then I can pick up some more silver at closer to spot.


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Unfolding Nature Shop: Unfolding Nature: Being in the Implicate Order


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