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The problem with most commodities is that average folks can't participate in rallies without going into the rigged stock market.
Silver, however, is a commodity that we all can hold completely outside the system, and even if the system collapses with banks and brokerages failing as a result, we are fully in control of the metal we hold.
https://www.kitco.com/commentaries/2021-10-22/Gold-Silver-Wheat-The-next-short-squeeze.html
Judy Shelton is stating blatantly obvious facts, like 0% interest rates evaporating savings while real inflation is over 5%, and that central bankers are engaged in insider trading.
Just pointing out the obvious won't instil confidence in a broken currency system.
Only full redemption rights into silver and gold, as the Constitution demands, will offer a modicum of hope that the current system can be salvaged.
There is, however, not enough silver or gold on earth to even think about backing the USD without a massive revaluation of both metals.
https://nypost.com/2021/10/23/uitra-low-interest-rates-rip-off-middle-class-savers-economist/
What a pointless article.
No mention of silver or copper... no mention of gold even.
No mention of methods for delivery, cost of exploration, or energy investment for metals returned.
The article does mention, however, that satellite observations for the asteroid (beyond Mars) wouldn't occur until 2026, cutting into precious remaining time to resolve our current crisis.
Placing explosive charges on an asteroid and directing it toward earth on a shallow impact trajectory is the most realistic and cost efficient method of delivery.
Metallic asteroid impacts, though, have a habit of instigating cooling periods on earth which lead to glacial cycles (ice ages).
Just a retarded click bait article really, any legitimate space metal/asteroid mining article needs to address at least some of these issues, and not be so cowardly and scared to mention the rapidly exhausting silver and copper reserves.
https://www.forbes.com/sites/jamiecartereurope/2021/10/19/the-age-of-space-mining-just-got-closer-as-scientists-discover-two-asteroids-whose-precious-metals-would-exceed-global-reserves/
This article seems to claim that precious metals in circuit boards being reclaimed is a big deal.
News flash, this technology has been around for quite a while already; and anybody with eyes that see can see that electronics are routinely tossed in the garbage, not separated, not stockpiled, just sent to the landfill.
Silver and copper will run out, it's not even a question of price, industrial applications are using them up completely.
https://coinweek.com/bullion-report/royal-mint-to-turn-phones-into-gold-with-first-sustainable-precious-metal-technology/
Scored a couple proof eagles from the US mint.
Their website gets terribly bogged down and randomly crashes everytime something good is offered... but still worth the effort for collectors.
Ron Paul says the constant raising of the debt ceiling is an ongoing default in the dollar.
The Texas congressman who voted no on everything had been, for many people, a major wake up call to our fake fiat currency, and gold as a protection against inflation.
If Ron Paul pushed silver rather than gold, this whole globohomo financial system might already be dead and gone.
https://youtu.be/dtQcEk8ZeWQ
The head of Germany's central bank (Bundesbank) announced his resignation out of the blue yesterday.
This very cushy job would have lasted him at least until 2027.
Nothing to see here folks.
Just a central bank head from one of the wealthiest nations on earth.
Certainly he has something more important to do than have his name in public view during a global financial catastrophe.
https://www.tellerreport.com/news/2021-10-20-surprise-resignation-of-the-president-of-the-bundesbank---france-24.rygrc0OaSt.html
Copper has entered backwardation, the opposite of contango, meaning short dated futures contracts are more expensive than longer dated contracts, meaning they're running out of physical and desperate to prevent buyers from taking delivery.
Rafi Farber says, "copper's not exactly money, it's like a quasi money."
Copper has more applications than silver, and even though it isn't as rare, it still is subject to supply bottlenecks associated with mining output.
Silver is #1
Copper is #2
And US Nickels are 75% copper (hint hint)
https://youtu.be/xqaA7jKkPmc
Special pricing on 100 oz bars over at Monument 🔥
https://monumentmetals.com/100oz-our-choice-silver-bar-new.html?
Mike Maloney, along with Robert Kiyosaki and George Gammon, is one of, if not the greatest monetary teacher alive today 🧠
https://youtu.be/EdSq5H7awi8
SD Bullion has a good price on poured bars from the Germania Mint (based Poland).
The 10 oz and 500 gram bars are especially well priced 👌🏻
https://sdbullion.com/10-oz-germania-mint-silver-bar
https://sdbullion.com/500-gram-germania-mint-silver-bar
It's way too early to even consider selling any of the stack; and if ever in desperate need of cash, offer silver to your brothers first.
The above infographic shows items which are subject to capital gains tax under US law.
This is only important for heavy stackers who may at some point in the future trade some of their stack for land or other valuable assets.
But for now, keep accumulating, no selling until we crash the bikes ⚡
Repost from 🐙Lovecraft's Cat🐙
A reminder: Delete your Telegram App from the App store and download the Telegram App straight from their website to see forbidden memes.
Rick Rule says cash on hand shrinks over time, but that devaluation of your currency savings functions as an options premium to allow for purchasing cheap assets during a market crash.
That would work well for mining stocks perhaps, but premiums on physical silver typically prevent stackers from buying it close to the spot price whenever markets crash.
So, some cash on hand is useful, but better to accumulate physical silver while it's still widely available, and not gamble that it will be more affordable during a market crash.
https://youtu.be/DPuH-OjilW0
