OtherGround Forums .999 Silver = Best long term investment

9/29/20 9:00 PM
2/4/07
Posts: 34665
williepep - So have we lost a third our stack value again ?

9/29/20 9:40 PM
7/2/07
Posts: 17487
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.

Should a person feel a safer if they have a good hedge with investments in China ?

Yuan, investments, rentals and physical assets ?



Should a person feel more confident with a significant amount of investments based in China ?
9/30/20 4:04 PM
8/4/08
Posts: 25021
williepep - 
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.

Should a person feel a safer if they have a good hedge with investments in China ?

Yuan, investments, rentals and physical assets ?



Should a person feel more confident with a significant amount of investments based in China ?

I say this with the best intentions.

Our chances of dying are 1/1.

Feeling safer has far less to do with what you have than who you are.
There's an old scripture that goes "he who desires to save his life will lose it, he who gives up is life will save it".

I say that only because there's a reality that we truly have control over so little.
But innately our desire is safety for our family, right?

Only a financial advisor is qualified for what you ask, I wouldn't want the burden of being wrong.
That all said...

Liquidity of currencies, relationships, and knowledge, specifically other languages and laws.
Without a doubt it's better to have your finances safe and liquid.
I'm no expert in digital wallets, but a great one of those accessible worldwide with an extensive portfolio liquifiable through many markets, including chinese, is obviously wise.

Mark Moss on Youtube has a recent video regarding quality of life and investment with potential opportunity regarding laws in some countries worldwide.
Unless you're one of the lucky few that has obscene bundles of cash & can hire Joel Skousen to design/build a super bunker in Uruguay, we're all in a similar situation regarding safety in this day and age.
Or if you've got "Lykov family like survivability".
All the things you mentioned are absolutely safer bets than not, but can be lost by not investing in knowledge.

Farmable land in multiple places, like-minded communities and other's well-placed confidence in you can not only make you feel safer, but can make you noteworthy, and more importantly, happy, with purpose.

FWIW, from my observations, those with rentals carry more headaches than they're worth. Being on the cusp of a global currency reset, I would steer clear of housing people in favor of producing quality food and water.
9/30/20 8:12 PM
7/2/07
Posts: 17508
Tim Duncan - 
williepep - So have we lost a third our stack value again ?

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


You don't even bury bro ?


10/1/20 1:03 PM
1/1/01
Posts: 66022
williepep -
Tim Duncan - 
williepep - So have we lost a third our stack value again ?

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


You don't even bury bro ?


I do actually,  I was speaking figuratively.

10/1/20 2:19 PM
7/2/07
Posts: 17512
PVC pipe ?


I know some people in completely different far away state that believe in this completely.




This and a post Eskimo made reminds me of 2 stories I want to relay at some point.




10/1/20 2:35 PM
8/9/07
Posts: 2956

Why do Mexican libertads’ hold such a high premium?

10/1/20 3:41 PM
12/11/12
Posts: 5992
OtherGrooundDropIn -

Why do Mexican libertads’ hold such a high premium?

It comes down to mintage. They make around 500,000 Libertads a year. Sometimes 600 or 700k. In 2016 they did 1.7 million. If you campare that to the roughly (really depends on the year) 37,000,000 American silver eagles, the Libertads are scarce. I rarely see them in brick and morter stores. 

10/1/20 3:48 PM
1/1/01
Posts: 66025
OtherGrooundDropIn -

Why do Mexican libertads’ hold such a high premium?

I had a hundred of these at one time,  I bought them at spot but they were selling for much more on eBay.  I thought about selling them there but I was worried about scammers

10/1/20 4:14 PM
1/1/01
Posts: 40026
Tim Duncan -
OtherGrooundDropIn -

Why do Mexican libertads’ hold such a high premium?

I had a hundred of these at one time,  I bought them at spot but they were selling for much more on eBay.  I thought about selling them there but I was worried about scammers

I bought 40 mixed date for like $2 over spot from a coin shop long ago before I knew they were low mintage. In my mind I was like, sure I'll grab some of Mexico's Eagles....

10/1/20 4:54 PM
8/9/07
Posts: 2957
BJTT_Pella -
OtherGrooundDropIn -

Why do Mexican libertads’ hold such a high premium?

It comes down to mintage. They make around 500,000 Libertads a year. Sometimes 600 or 700k. In 2016 they did 1.7 million. If you campare that to the roughly (really depends on the year) 37,000,000 American silver eagles, the Libertads are scarce. I rarely see them in brick and morter stores. 

Gotcha!  Thank you

10/1/20 6:40 PM
9/22/16
Posts: 21750
I think I mentioned this before, but when I liquidated most of my silver a few years back, I only kept some small junk silver and my Libertads. I sold every single government-issued silver dollar I had, except the Libertads. My reason? The Libertads are fucking BEAUTIFUL. I cannot let them go.

I suspect others agree. They are slightly thicker than other .999 rounds, and I love to simply have them in my home. That's it.
10/1/20 10:24 PM
7/2/07
Posts: 17515
Libertads took me a second to figure out you guys were talking about silver and not gold.


Mexican fellow that runs a jewelry shop (he makes the jewelry) has some cool pieces that have a gold Libertad as the centerpiece or medallion.


Also sells kick ass leather wallets with scorpions and gun holsters with scorpions things of this nature.
10/5/20 1:25 PM
1/1/01
Posts: 66044


10/5/20 1:26 PM
1/1/01
Posts: 66045

Still plenty of roomto grow

10/9/20 4:28 PM
8/4/08
Posts: 25043
Interesting day of manipulation, correction, or whatever.
Silver up $1.25, gold up $34.50 per post, as the dollar sank $0.50.
Basically silver up 10x the amount the dollar is down, on futures.

No doubt spoofing is still full throttle.
10/9/20 4:43 PM
1/1/01
Posts: 66076

I was listening to Alistair Mccloud  I think and he was saying that silver goes up 6x higher when the dollar drops.  He also said silver only drops a few percentages when the dollar gains

10/9/20 5:54 PM
8/9/07
Posts: 2966

I invested in gold instead of silver. Not much, just 3 American Gold Eagles so far.  I wish I could buy more but they’re so expensive.

10/11/20 1:43 PM
1/1/01
Posts: 66105

Did you guys hear about the d8gital dollar?  It will be rolled out at the beginning of the year.  PMs will be the only money outside of the system and I have a feeling they will be desirable.   Hopefully the Government doesnt outlaw them saying they are used for illegal money laundering.   I have a feeling cryptos will get the plug pulled for this excuse

10/11/20 3:57 PM
11/10/18
Posts: 10053
Tim Duncan -

Did you guys hear about the d8gital dollar?  It will be rolled out at the beginning of the year.  PMs will be the only money outside of the system and I have a feeling they will be desirable.   Hopefully the Government doesnt outlaw them saying they are used for illegal money laundering.   I have a feeling cryptos will get the plug pulled for this excuse

https://news.bitcoin.com/federal-reserve-digital-dollar/

10/11/20 4:32 PM
7/2/07
Posts: 17647
Tim Duncan - 

Did you guys hear about the d8gital dollar?  It will be rolled out at the beginning of the year.  PMs will be the only money outside of the system and I have a feeling they will be desirable.   Hopefully the Government doesnt outlaw them saying they are used for illegal money laundering.   I have a feeling cryptos will get the plug pulled for this excuse


I read about the Chinese digital Yuan being rolled out more in Shenzhen.



10/11/20 5:57 PM
1/1/01
Posts: 66109

All the central banks are corralling us.  Bank of Japan,  euro zone,  dollar and yuan 

10/11/20 5:59 PM
7/2/07
Posts: 17650
Tim Duncan - 

All the central banks are corralling us.  Bank of Japan,  euro zone,  dollar and yuan 


Would you rather have stacks of $100 USD or stacks of gold/ silver ?


10/11/20 7:26 PM
11/10/18
Posts: 10054
williepep -
Tim Duncan - 

All the central banks are corralling us.  Bank of Japan,  euro zone,  dollar and yuan 


Would you rather have stacks of $100 USD or stacks of gold/ silver ?


I’m starting to wonder if it matters. One thing is for certain, access to capital will be very different in the future. I feel like the government will be picking winners and losers via who can get loans and who can’t. The digital currency scares me. I think it will change society in profound ways, none of which are good. I also believe privacy, which is largely gone now, will be completely gone after the digital currency. I feel sorry for my children and young people in general. 

10/11/20 8:51 PM
1/1/01
Posts: 66110
williepep -
Tim Duncan - 

All the central banks are corralling us.  Bank of Japan,  euro zone,  dollar and yuan 


Would you rather have stacks of $100 USD or stacks of gold/ silver ?


Rightnow Id ratherhave stacks of 100 dollar bills,  down the line 100 dollar bill may be worthless.  Look up the Weimer republic and how they had wheel barrows full of cash to buy grocieries.