OtherGround Forums .999 Silver = Best long term investment

9/26/20 9:28 AM
9/22/16
Posts: 21693
Co3 - 

https://qz.com/1749695/facebook-ads-targeted-fox-news-fans-for-shady-silver-coin-scheme/?utm_source=email&utm_medium=daily-brief&utm_content=9823234


Can't read the article without a subscription.
9/26/20 10:10 AM
7/2/07
Posts: 17454
If gold ever got as high per ounce as some people predict it would seem there would be fewer and fewer places where you could sell gold.


Sometimes this does make me consider the less than 1 oz size of gold eagles, but the premiums do go up. But I do think this is something to consider if planning to hold for the long term.


Or do you think if gold was $10,000 an oz the last thing you would worry about is where to sell it ?
9/26/20 10:27 AM
9/22/16
Posts: 21696
williepep - If gold ever got as high per ounce as some people predict it would seem there would be fewer and fewer places where you could sell gold.


Sometimes this does make me consider the less than 1 oz size of gold eagles, but the premiums do go up. But I do think this is something to consider if planning to hold for the long term.


Or do you think if gold was $10,000 an oz the last thing you would worry about is where to sell it ?

Whenever I sell anything of value (when I was dumping most of my old silver, or XBox) I had people meet me in the lobby of the local police department. Had a couple people straight-up cancel or not respond when I said that.
Edited: 9/26/20 11:21 AM
12/11/12
Posts: 5986
williepep - If gold ever got as high per ounce as some people predict it would seem there would be fewer and fewer places where you could sell gold.


Sometimes this does make me consider the less than 1 oz size of gold eagles, but the premiums do go up. But I do think this is something to consider if planning to hold for the long term.


Or do you think if gold was $10,000 an oz the last thing you would worry about is where to sell it ?

If gold hits $10,000 per oz, hyper inflation likely happened. You wont, be selling, anything. You will be trading it and you can cut your 1oz coin. Believe me, nobody will care. It won’t even matter what type of gold coin it is. So many things in the country, or even world would be upside down if that happens. 
 


 

 

 

9/26/20 12:40 PM
4/17/15
Posts: 6580
AnthonyWeiner -
Co3 - 

https://qz.com/1749695/facebook-ads-targeted-fox-news-fans-for-shady-silver-coin-scheme/?utm_source=email&utm_medium=daily-brief&utm_content=9823234


Can't read the article without a subscription.

Weird. Sorry, was free for me. Basically investigates boiler room using Facebook ads to find senior citizens to sell silver coins to conservative seniors at a huge markup over the melt value. 

9/26/20 12:53 PM
9/22/16
Posts: 21697
Co3 - 
AnthonyWeiner -
Co3 - 

https://qz.com/1749695/facebook-ads-targeted-fox-news-fans-for-shady-silver-coin-scheme/?utm_source=email&utm_medium=daily-brief&utm_content=9823234


Can't read the article without a subscription.

Weird. Sorry, was free for me. Basically investigates boiler room using Facebook ads to find senior citizens to sell silver coins to conservative seniors at a huge markup over the melt value. 


That's brutal.
9/26/20 12:59 PM
6/20/13
Posts: 12335

https://www.dallasnews.com/news/2019/05/03/precious-metals-company-accused-of-targeting-scamming-elderly-texans/

9/26/20 1:15 PM
1/1/01
Posts: 65947
Looney Ronulan Paultard -

https://www.dallasnews.com/news/2019/05/03/precious-metals-company-accused-of-targeting-scamming-elderly-texans/

I hate people that scam or harm elderly more than younger people but how much were they selling the coins for?  Glenn Beck was selling expensive numismatic coins to old people too years ago.

Edited: 9/26/20 3:11 PM
4/17/15
Posts: 6587
Tim Duncan -
Looney Ronulan Paultard -

https://www.dallasnews.com/news/2019/05/03/precious-metals-company-accused-of-targeting-scamming-elderly-texans/

I hate people that scam or harm elderly more than younger people but how much were they selling the coins for?  Glenn Beck was selling expensive numismatic coins to old people too years ago.

In some cases 100-200% of melt value 

 

*melt value is a word I learned today. Going to use the fuck out of it 

9/26/20 5:35 PM
1/1/01
Posts: 65954
Co3 -
Tim Duncan -
Looney Ronulan Paultard -

https://www.dallasnews.com/news/2019/05/03/precious-metals-company-accused-of-targeting-scamming-elderly-texans/

I hate people that scam or harm elderly more than younger people but how much were they selling the coins for?  Glenn Beck was selling expensive numismatic coins to old people too years ago.

In some cases 100-200% of melt value 

 

*melt value is a word I learned today. Going to use the fuck out of it 

We are talking star wars silver premiums here!

9/26/20 8:28 PM
7/2/07
Posts: 17456
Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.
9/27/20 1:17 AM
8/4/08
Posts: 25018
williepep - Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.

China's digital currency has been activated well over 6 months.
The idea behind ALL of what's happening(Coup,Covid,bailouts,BLM, etc.) is a global reset led by the Chinese/BRICS crypto/social credit.
Over the last 5-6 years, since the IMF adopted the Yuan as a reserve currency to allow sanctioned nations to bypass those conditions, the "jubilee/reset" under socialism has been the move.
The World Economic Forum even made it the headline topic months ago, scheduled for this January 22nd.

The NEO(China bitcoin) has gone from $5 to $22 in 6 months.
And NIO(China Tesla) has gone from $3 to $18 in the same time.


It's because we're at war, and the globalists are propping China as the winner, much like Rothschild at Waterloo.

Where gold stands in this can be measured by a "who the heck knows", but on record we can look at withdrawals from U.S. gold reserves over the course of 10 years, which is more than in the previous 50 combined.

So, one could surmise that the new world "currency" will be partially gold-backed, but you'll have to sell your soul to sell your stack, with a small window of freedom in select areas, not large cities.
This is why I said earlier, "It might be a good idea to take your dealers out for dinner"; ie; build that relationship now.

If EMP's and/or CME's(coronal mass ejection) from the sun hit, which are inevitable, the gold in your hand will be worth quite a bit more until the world gets back online.

Anytime you see a headline, that's a provocatory piece to events that occurred awhile back, as you may know.
9/27/20 1:22 AM
11/10/18
Posts: 9823
sparkuri -
williepep - Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.

China's digital currency has been activated well over 6 months.
The idea behind ALL of what's happening(Coup,Covid,bailouts,BLM, etc.) is a global reset led by the Chinese/BRICS crypto/social credit.
Over the last 5-6 years, since the IMF adopted the Yuan as a reserve currency to allow sanctioned nations to bypass those conditions, the "jubilee/reset" under socialism has been the move.
The World Economic Forum even made it the headline topic months ago, scheduled for this January 22nd.

The NEO(China bitcoin) has gone from $5 to $22 in 6 months.
And NIO(China Tesla) has gone from $3 to $18 in the same time.


It's because we're at war, and the globalists are propping China as the winner, much like Rothschild at Waterloo.

Where gold stands in this can be measured by a "who the heck knows", but on record we can look at withdrawals from U.S. gold reserves over the course of 10 years, which is more than in the previous 50 combined.

So, one could surmise that the new world "currency" will be partially gold-backed, but you'll have to sell your soul to sell your stack, with a small window of freedom in select areas, not large cities.
This is why I said earlier, "It might be a good idea to take your dealers out for dinner"; ie; build that relationship now.

If EMP's and/or CME's(coronal mass ejection) from the sun hit, which are inevitable, the gold in your hand will be worth quite a bit more until the world gets back online.

Anytime you see a headline, that's a provocatory piece to events that occurred awhile back, as you may know.

I agree 100%

9/27/20 2:08 AM
6/20/13
Posts: 12350
Eskimo -
sparkuri -
williepep - Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.

China's digital currency has been activated well over 6 months.
The idea behind ALL of what's happening(Coup,Covid,bailouts,BLM, etc.) is a global reset led by the Chinese/BRICS crypto/social credit.
Over the last 5-6 years, since the IMF adopted the Yuan as a reserve currency to allow sanctioned nations to bypass those conditions, the "jubilee/reset" under socialism has been the move.
The World Economic Forum even made it the headline topic months ago, scheduled for this January 22nd.

The NEO(China bitcoin) has gone from $5 to $22 in 6 months.
And NIO(China Tesla) has gone from $3 to $18 in the same time.


It's because we're at war, and the globalists are propping China as the winner, much like Rothschild at Waterloo.

Where gold stands in this can be measured by a "who the heck knows", but on record we can look at withdrawals from U.S. gold reserves over the course of 10 years, which is more than in the previous 50 combined.

So, one could surmise that the new world "currency" will be partially gold-backed, but you'll have to sell your soul to sell your stack, with a small window of freedom in select areas, not large cities.
This is why I said earlier, "It might be a good idea to take your dealers out for dinner"; ie; build that relationship now.

If EMP's and/or CME's(coronal mass ejection) from the sun hit, which are inevitable, the gold in your hand will be worth quite a bit more until the world gets back online.

Anytime you see a headline, that's a provocatory piece to events that occurred awhile back, as you may know.

I agree 100%

Bingo

9/27/20 9:46 PM
2/4/07
Posts: 34628

9/27/20 9:49 PM
2/4/07
Posts: 34629

9/27/20 11:07 PM
7/2/07
Posts: 17466
Looney Ronulan Paultard - 
Eskimo -
sparkuri -
williepep - Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.

China's digital currency has been activated well over 6 months.
The idea behind ALL of what's happening(Coup,Covid,bailouts,BLM, etc.) is a global reset led by the Chinese/BRICS crypto/social credit.
Over the last 5-6 years, since the IMF adopted the Yuan as a reserve currency to allow sanctioned nations to bypass those conditions, the "jubilee/reset" under socialism has been the move.
The World Economic Forum even made it the headline topic months ago, scheduled for this January 22nd.

The NEO(China bitcoin) has gone from $5 to $22 in 6 months.
And NIO(China Tesla) has gone from $3 to $18 in the same time.


It's because we're at war, and the globalists are propping China as the winner, much like Rothschild at Waterloo.

Where gold stands in this can be measured by a "who the heck knows", but on record we can look at withdrawals from U.S. gold reserves over the course of 10 years, which is more than in the previous 50 combined.

So, one could surmise that the new world "currency" will be partially gold-backed, but you'll have to sell your soul to sell your stack, with a small window of freedom in select areas, not large cities.
This is why I said earlier, "It might be a good idea to take your dealers out for dinner"; ie; build that relationship now.

If EMP's and/or CME's(coronal mass ejection) from the sun hit, which are inevitable, the gold in your hand will be worth quite a bit more until the world gets back online.

Anytime you see a headline, that's a provocatory piece to events that occurred awhile back, as you may know.

I agree 100%

Bingo


Do you guys feel that metals provide a bit of protection in case of these events ?
9/27/20 11:24 PM
11/10/18
Posts: 9848
williepep -
Looney Ronulan Paultard - 
Eskimo -
sparkuri -
williepep - Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.

China's digital currency has been activated well over 6 months.
The idea behind ALL of what's happening(Coup,Covid,bailouts,BLM, etc.) is a global reset led by the Chinese/BRICS crypto/social credit.
Over the last 5-6 years, since the IMF adopted the Yuan as a reserve currency to allow sanctioned nations to bypass those conditions, the "jubilee/reset" under socialism has been the move.
The World Economic Forum even made it the headline topic months ago, scheduled for this January 22nd.

The NEO(China bitcoin) has gone from $5 to $22 in 6 months.
And NIO(China Tesla) has gone from $3 to $18 in the same time.


It's because we're at war, and the globalists are propping China as the winner, much like Rothschild at Waterloo.

Where gold stands in this can be measured by a "who the heck knows", but on record we can look at withdrawals from U.S. gold reserves over the course of 10 years, which is more than in the previous 50 combined.

So, one could surmise that the new world "currency" will be partially gold-backed, but you'll have to sell your soul to sell your stack, with a small window of freedom in select areas, not large cities.
This is why I said earlier, "It might be a good idea to take your dealers out for dinner"; ie; build that relationship now.

If EMP's and/or CME's(coronal mass ejection) from the sun hit, which are inevitable, the gold in your hand will be worth quite a bit more until the world gets back online.

Anytime you see a headline, that's a provocatory piece to events that occurred awhile back, as you may know.

I agree 100%

Bingo


Do you guys feel that metals provide a bit of protection in case of these events ?

I think they do, but I believe there will be a window to sell. I’m sure others may disagree with that. I’m hoping they’re going to claim the new digital currency is backed by gold, at least to some degree, and that’s when I think the window opens. It closes when everyone is 100% in digital because then you have what they say you have and metals won’t matter. Just my opinion. 

9/28/20 9:28 AM
1/1/01
Posts: 39949

9/28/20 2:05 PM
1/1/01
Posts: 65998
Eskimo -
williepep -
Looney Ronulan Paultard - 
Eskimo -
sparkuri -
williepep - Did you guys see the headlines about China's digital currency ?


I don't know anything about it, but it was interesting to see it making the push on headlines for a story.


I am posting in respect to the idea of trying to make moves to not be dependent on the US dollar by other actors.

China's digital currency has been activated well over 6 months.
The idea behind ALL of what's happening(Coup,Covid,bailouts,BLM, etc.) is a global reset led by the Chinese/BRICS crypto/social credit.
Over the last 5-6 years, since the IMF adopted the Yuan as a reserve currency to allow sanctioned nations to bypass those conditions, the "jubilee/reset" under socialism has been the move.
The World Economic Forum even made it the headline topic months ago, scheduled for this January 22nd.

The NEO(China bitcoin) has gone from $5 to $22 in 6 months.
And NIO(China Tesla) has gone from $3 to $18 in the same time.


It's because we're at war, and the globalists are propping China as the winner, much like Rothschild at Waterloo.

Where gold stands in this can be measured by a "who the heck knows", but on record we can look at withdrawals from U.S. gold reserves over the course of 10 years, which is more than in the previous 50 combined.

So, one could surmise that the new world "currency" will be partially gold-backed, but you'll have to sell your soul to sell your stack, with a small window of freedom in select areas, not large cities.
This is why I said earlier, "It might be a good idea to take your dealers out for dinner"; ie; build that relationship now.

If EMP's and/or CME's(coronal mass ejection) from the sun hit, which are inevitable, the gold in your hand will be worth quite a bit more until the world gets back online.

Anytime you see a headline, that's a provocatory piece to events that occurred awhile back, as you may know.

I agree 100%

Bingo


Do you guys feel that metals provide a bit of protection in case of these events ?

I think they do, but I believe there will be a window to sell. I’m sure others may disagree with that. I’m hoping they’re going to claim the new digital currency is backed by gold, at least to some degree, and that’s when I think the window opens. It closes when everyone is 100% in digital because then you have what they say you have and metals won’t matter. Just my opinion. 

I’ve heard the theory of 2 resets.  History has shown that there is a government reset which has no changes other than the currency change then a market change when the fake reset fails.

 

I predict the new dollar will have a gold and silver component and it will be small,  like grams per 100 dollars.  That will make Metals expensive.

 

I think there are 2 scenarios:

 

Government outlaws or taxes metals heavily.  This forces metals underground.  This period can be long,  gold was outlawed for 40 years.  Biden would do this imo

 

I can also see the government treating metals like money with no capital gains.  People would have to sell to the government and their coffers would swell with metals.  In one swoop they could back their currency 100% with metals,  more than going door to door with guns.  I think Trump could do this.

 

If the government outlaws metals I think I’d just hide it and pass it on to my kids

9/28/20 9:44 PM
6/20/13
Posts: 12373

https://www.zerohedge.com/markets/how-jpms-precious-metals-trading-desk-manipulated-markets-crime-ring-within-bank

9/29/20 3:00 PM
1/1/01
Posts: 66012
Looney Ronulan Paultard -

https://www.zerohedge.com/markets/how-jpms-precious-metals-trading-desk-manipulated-markets-crime-ring-within-bank

Nothing but a slap on the wrist.  They have made guaranteed money for years.  Probably a decade of trade and never took a loss.

9/29/20 3:33 PM
7/2/07
Posts: 17484
So have we lost a third our stack value again ?
9/29/20 6:12 PM
1/1/01
Posts: 66013
williepep - So have we lost a third our stack value again ?

Yep,  I opened my safe and a third of my stack vanished

9/29/20 8:54 PM
11/10/18
Posts: 9896
williepep - So have we lost a third our stack value again ?

Depends on how you value your metals. I’m just gonna keep buying until silver hits $40 and gold hits $2500