A few passing thoughts...
SilverBaron
Posts: 767 ✭
Well ........ Is there any doubt as to the direction of the metals?
The U.S. Congress SHOWED the world exactly what it was willing to do about the debt / spending imbalance..... NOTHING!
The Euro is turning out to be just another paper currency .... like the U.S. dollar ..... unable to hold its purchasing power.
The Swiss Franc ...... one of the few currencies of refuge ........ is now under assault by its own government to prop up exports and tourism.
In the last 2 weeks, gold has performed better than silver. Why? BECAUSE GOLD IS MONEY!! When countries, large funds and the wealthy
wish it acquire wealth ...... not paper .... they head straight for GOLD. Silver on the other hand has not done as well. Why?
Silver is seen as an industrial metal .... along with Platinum and Palladium. If folks believe that an industrial slow down is happening ... they lag.
!!!!!!!!!!!!!!!!!!!!!!!!!! BUTTTTTTTTTTTTT !!!!!!!!!!!!!!!!
Silver is the money of the common man .... and there are a lot of us "commoners" out there. Gold has taken the spot light in the last 2 weeks.....
but silver will make the gains in gold look weak in comparison. When? ... I cannot give you an exact date. Sorry.... but know this.....
Silver is the metal that folks will increasingly turn to as gold prices itself out of the reach. Silver is the metal that you can sell just a few
hundred dollars worth, if need be, much easier than gold. Silver will be the premier barter metal .... if things get that bad. If not ... great..
Silver will do even better as a premier industrial metal.
I believe that the metals ......... whatever form you hold .......... have only started to appreciate ....... so ........
STACK"M HIGH AND DEEP .......... THE REWARDS WILL BE WONDERFULL!!
The U.S. Congress SHOWED the world exactly what it was willing to do about the debt / spending imbalance..... NOTHING!
The Euro is turning out to be just another paper currency .... like the U.S. dollar ..... unable to hold its purchasing power.
The Swiss Franc ...... one of the few currencies of refuge ........ is now under assault by its own government to prop up exports and tourism.
In the last 2 weeks, gold has performed better than silver. Why? BECAUSE GOLD IS MONEY!! When countries, large funds and the wealthy
wish it acquire wealth ...... not paper .... they head straight for GOLD. Silver on the other hand has not done as well. Why?
Silver is seen as an industrial metal .... along with Platinum and Palladium. If folks believe that an industrial slow down is happening ... they lag.
!!!!!!!!!!!!!!!!!!!!!!!!!! BUTTTTTTTTTTTTT !!!!!!!!!!!!!!!!
Silver is the money of the common man .... and there are a lot of us "commoners" out there. Gold has taken the spot light in the last 2 weeks.....
but silver will make the gains in gold look weak in comparison. When? ... I cannot give you an exact date. Sorry.... but know this.....
Silver is the metal that folks will increasingly turn to as gold prices itself out of the reach. Silver is the metal that you can sell just a few
hundred dollars worth, if need be, much easier than gold. Silver will be the premier barter metal .... if things get that bad. If not ... great..
Silver will do even better as a premier industrial metal.
I believe that the metals ......... whatever form you hold .......... have only started to appreciate ....... so ........
STACK"M HIGH AND DEEP .......... THE REWARDS WILL BE WONDERFULL!!
Silver Baron
********************
Silver is the mortar that binds the bricks of loyalty.
********************
Silver is the mortar that binds the bricks of loyalty.
0
Comments
I knew it would happen.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>OK to like metals, but never fall in love with them. Will only bring heartbreak.
Dang, guess I have to stop the refinery from making me that life-size silver doll I was going to throw in the guest bedroom.
<< <i>Well ........ Is there any doubt as to the direction of the metals?
The U.S. Congress SHOWED the world exactly what it was willing to do about the debt / spending imbalance..... NOTHING!
etc...
All this horribly good news!
Have some cash on hand as well, because when the markets completely unravel, there will be jewels of stocks and commodities to buy
at rock bottom prices. Everyone stay calm and be patient.
Fred, Las Vegas, NV
Hmmmmm, let's see........
Stock market down sharply; metals up nicely.
The trend is your friend.
Congress is not.
Never look a gift horse in the mouth.
I knew it would happen.
<< <i>OK to like metals, but never fall in love with them. Will only bring heartbreak.
Hmmmmm, let's see........
Stock market down sharply; metals up nicely.
The trend is your friend.
Congress is not.
Never look a gift horse in the mouth. >>
Those that become too attached to their metals will be blinded by love when it is finally time to sell.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
This has been one of the longest relationships with a store of value I have had.
Since 2001 we have been hand in hand, metal in mettle. In due time.....
Miles
<< <i>OK to like metals, but never fall in love with them. Will only bring heartbreak.
Hmmmmm, let's see........
Stock market down sharply; metals up nicely.
The trend is your friend.
Congress is not.
Never look a gift horse in the mouth.
Nice Pic of Seattle Slew
Another great signature line!
In God We Trust.... all others pay in Gold and Silver!
<< <i>OK to like metals, but never fall in love with them. Will only bring heartbreak.
Is that a Tennessee Walker there on the left? Beautiful horse, to be sure!
<< <i>Is that a Tennessee Walker there on the left? Beautiful horse, to be sure! >>
A.P. Indy (son of seattle slew) on the left.
True enough.
The signal has to be at least a serious attempt at getting the US fiscal house in order. It may take several serious attempts just to make a dent.
Although I was fundamentally opposed to the 1982 Chrysler bailout, it would have been a master stroke to invest in Chrysler and Iococca just after that bailout - which occurred just when things looked the worst for the economy.
In the current set of conditions, we have nothing comparable to 1982 in terms of a change in economic policy. In 1982, the economy had already been dosed with the hard medicine of high interest rates and tax reform, and the economy had cratered but it had also begun to heal.
We are nowhere near the point at which the economy will begin to heal. It is still being bludgeoned time and again with more impediments to growth. Now, the train is off the track and still traveling at full speed.
There are enough people still clinging to hope that the government will rescue the stock market and their 401Ks with more spending - and that makes the potential market demand for gold much stronger as the economy tanks. Until someone in government grows testicles, a miracle isn't in the cards and precious metals stand to continue functioning as a financial heat shield.
I knew it would happen.
<< <i>Those that become too attached to their metals will be blinded by love when it is finally time to sell.
True enough.
The signal has to be at least a serious attempt at getting the US fiscal house in order. It may take several serious attempts just to make a dent.
Although I was fundamentally opposed to the 1982 Chrysler bailout, it would have been a master stroke to invest in Chrysler and Iococca just after that bailout - which occurred just when things looked the worst for the economy.
In the current set of conditions, we have nothing comparable to 1982 in terms of a change in economic policy. In 1982, the economy had already been dosed with the hard medicine of high interest rates and tax reform, and the economy had cratered but it had also begun to heal.
We are nowhere near the point at which the economy will begin to heal. It is still being bludgeoned time and again with more impediments to growth. Now, the train is off the track and still traveling at full speed.
There are enough people still clinging to hope that the government will rescue the stock market and their 401Ks with more spending - and that makes the potential market demand for gold much stronger as the economy tanks. Until someone in government grows testicles, a miracle isn't in the cards and precious metals stand to continue functioning as a financial heat shield. >>
very true enough
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
People that have money in the stock market and own zero gold have been calling non stop the past few weeks on what to do.
People that have money in the stock market and an ample amount of gold......well, I haven't heard a peep out of them.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......