Are Gold and Silver gonna keep going down?

[keenkeen]

Hoax


Alex, I will take Moldova for $600.

Moldova? Get serious, everyone knows Andorra is where it's at.

[sixoclockhold]

Moldova? Get serious, everyone knows Andorra is where it's at.

I will see your Andorra and raise you Sandy Hook.

[therealnickb]

No country will take us over, we will be defeated from within. The current president is doing exactly that.

A civil war requires a flashpoint. Our politicians know better than to provide that flashpoint. It will be a death of 1,000 cuts. When people finally figure it out, it will be too late.

Our loss of liberties have been so slow and incremental, that our founding fathers would rebel again today if you brought them back and they saw what we've become. But since it happened over time, no one rebelled.

But, the loss of freedom is accelerating rapidly. It is no longer so incremental.

To cook a frog you put him in a pot of cold water and slowly turn the heat up. By the time the frog figures it out, it's too late and it can't move because it's half cooked. We are right at the half cooked point. Obama knows it, so he's applying the heat full blast.

You claim we're a Republic. Obama has neutered congress and has the supreme court in his pocket. He now flaunts the Constitution so flagrantly, yet there's no one left to object. Even though he knows he neutered congress, he won't disband them, because that would provide the public with a flashpoint.

But you've figured it out? And you're still here? Now I'm even more confused.

[Not a Cook]

But you've figured it out? And you're still here? Now I'm even more confused.

Well, presumably he's preparing for such events. This is the "Survival and Preparations" forum, isn't it?

Now... I was seriously contemplating picking up some silver coins last night but (obviously) would rather not overpay. Anyone here care to make any specific guesses about where silver prices will be at what specific time period (e.g. $12 by September, $8 by January, $800 by December )?

Also, IF silver and gold spot prices continue to fall significantly, do you think that will be reflected in the purchase of physical bullion, or will dealers simply increase their premiums so that the fall will merely (or mostly) be in the paper spot prices?

[sixoclockhold]

Silver needs to pick it up, with manufacturing demand down across the globe, silver is getting hit compared to Gold.

Peter Schiff has a nice report here with a link to .gov mintage figures.

2015 vs 2014 YTD American Eagles:

Gold up 36% and July isn't over yet.

Silver down 6% and the mint isn't selling so, 6% down it is.

http://schiffgold.com/commentaries/demand-for-physical-gold-and-silver-spikes-in-the-midst-of-economic-uncertainty/

Paper gold game will end.

Now that Greece is behind us, there should be no doubt in anyones mind they intend to print print print for their buddies in crime. People are wising up now it's so obvious the pumping of assets. Gold is becoming a safe haven again.

Silver bugs seemed tapped and tired.

[Ripon83]

LOL

Schiff is nothing but a PM schill; he's probably having a rough weekend at the country club

what could possibly make you think they will resume any kind of increased money supply / printing / creation ?

Silver needs to pick it up, with manufacturing demand down across the globe, silver is getting hit compared to Gold.

Peter Schiff has a nice report here with a link to .gov mintage figures.

2015 vs 2014 YTD American Eagles:

Gold up 36% and July isn't over yet.

Silver down 6% and the mint isn't selling so, 6% down it is.

http://schiffgold.com/commentaries/demand-for-physical-gold-and-silver-spikes-in-the-midst-of-economic-uncertainty/

Paper gold game will end.

Now that Greece is behind us, there should be no doubt in anyones mind they intend to print print print for their buddies in crime. People are wising up now it's so obvious the pumping of assets. Gold is becoming a safe haven again.

Silver bugs seemed tapped and tired.

[sixoclockhold]

Schiff is nothing but a PM schill; he's probably having a rough weekend at the country club

what could possibly make you think they will resume any kind of increased money supply / printing / creation ?

Resume?

Maybe you should check the budget annually. We will print 1/2 Trillion this year plus the black budget plus the secret bailouts around the world.

I suppose you believe were paying $4 a gallon for gas because some chemicals are in short supply they add to gas when the price of Oil is tanking?

How long are you going to milk this .25% interest increase that never comes? It ain't ever coming with the dollar this strong.

No go check zillow and click only for sale and repo homes in any area of this state. Rip it's never been like this, they BSing you son. The Repo's aren't coming to market and we own em...we'll the taxpayers like me own them now which is a small % and getting smaller everyday as they make it more reasonable to collect the freebies and work for cash. No wonder they want to outlaw cash, eh? They buried us in BS.

Do you know only 2% of so called self employed make a living wage of $50k or more...betcha didn't.

Oh and if or when they raise interest rates, I think Schiff said, people will sell stocks and run to bonds......bingo pop el bubble

[mindwip]

I would love to have a bubble pop. Can buy stocks cheap and homes too.


2percent at less then 50k lol. No way. Too many people report losses but are living above 50k it's in how you pay yourself and how honest at taxes.

[therealnickb]

Well, presumably he's preparing for such events. This is the "Survival and Preparations" forum, isn't it?

No doubt, but.... He offered a contradictory example of what is likely to happen in full blown SHTF. His family experience only got out because they acted before the real trouble began. He says the trouble is right around the corner but..... he's still here. So... I don't get it.

I'm guessing his family fled Cuba in the 60's. The USA, with all its fault's, isn't Cuba. (or Greece, or Georgia or Poland etc etc...)

[sixoclockhold]

I would love to have a bubble pop. Can buy stocks cheap and homes too.


2percent at less then 50k lol. No way. Too many people report losses but are living above 50k it's in how you pay yourself and how honest at taxes.

Maybe?

What if like China they said if you buy stocks you can't sell them? All those people stuck in stocks at pennies on the dollar. Or what if they said, hey were on the hook here for all these loans now since everything is Fed Funded with no insurance, YOU Can't sell your home? or bonds....

And we want all your gold and silver bro. We didn't practice Jade Helm and buy billions of bullets and drones for nuttin.

The Ponzi Scheme is collapsing and they will have to pull a Greece on the World, their way or the highway to Heaven?

2% GDP, what would it be if Gas wasn't hyped or Obama Care wasn't mandatory.

Deflation before Inflation, I read that somewhere....

[PC9111]

Sounds like you read a lot of Zero hedge

[mindwip]

Six easy.

I am spread out across the market. It's not all in stocks. I have silver and bullets and skills to trade plenty. If the gov said don't sell, fine. Live off my other income, interest, rent, jobs, skills.

Ps now that silver hit 14.xx I am going to make another buy. When it hits 13.xx I will buy again. I am buying down. Lowering my cost average playing the long game. Thou not more then 3ish percent of my wealth will be in metals long term.

The bank can have the house. Hence why I carry a loan and not paid it off. I would buy a big sailboat and live there. Travel the world for a bet and let my money sit and recover.

[sixoclockhold]

Sounds like you read a lot of Zero hedge

Of course I read alternative media and listen to it, all kinds. I also just listened to channel 5 and the fire on I 15/Phelan.

Variety is the Spice of Life.

[sixoclockhold]

Six easy.

I am spread out across the market. It's not all in stocks. I have silver and bullets and skills to trade plenty. If the gov said don't sell, fine. Live off my other income, interest, rent, jobs, skills.

Ps now that silver hit 14.xx I am going to make another buy. When it hits 13.xx I will buy again. I am buying down. Lowering my cost average playing the long game. Thou not more then 3ish percent of my wealth will be in metals long term.

The bank can have the house. Hence why I carry a loan and not paid it off. I would buy a big sailboat and live there. Travel the world for a bet and let my money sit and recover.

There is a bright side, free health care for the homeless I just looked at exemptions for not having health care, no proof needed for homelessness.

I may become a gypsy

[the86d]

We are all screwed?:

https://www.youtube.com/watch?v=ndshbH3qZ6Y