When was the last time that the once in 5000 year event occurred?

I may have been too young to remember.

OK Amy Schumer. AP's were covered here many years ago - by yours truly specifically. But instead of passing it off as my own joke, I linked the actual skit.

Steal fresher jokes Mr. Mencia.

Sad and pathetic.

2 stars

If you have any reservations about a future post, just shoot me a PM and we'll walk through it together.

Silver is getting heavy resistance at $25. but holding up well. Should break out again tomorrow or Thursday, pretty soon they wont be able to stop it, even when the market crashes again the margin calls wont really slow it down much, it will shrug it off pretty easy.

You do have some time, you can still get it with a pretty hefty premium from online dealers, especially 35 and 40% coins, people have not cleaned those out yet.

A friend of mine who brokers precious metals has facilitated over 1500 transactions of over $100,000., exchanging Fiat for Gold/silver physical, in East Jefferson County. On a side note he had a guy come into his shop a couple years ago who lives off of Beaver Valley Road on a family farm, was digging in the flower bed and found a glass jar which contained 60 pre 1930 $20 and $50 dollar gold pieces, some of the coins were worth over 50 grand individually.

Gold and silver continue to prove their worth as investment strategies. Better than maintaining fiat dollars backed by consumer faith and corruption/inflation.

Jump on the bandwagon to make some dough. Laugh all you want. I’m laughing my way to plenty of portfolio growth and early retirement.

Nobody said anything about metals not being part of the package.

Frequently they perform well, right up until they don't. Just like many other investment strategies.

It's the cash in everything else and place it all on gold strategy that's being questioned.

And for the reasons first presented.

Let's look at the numbers, shall we?

Over the last 5 years, silver is up 62 percent. Over the last year, silver is up 44 percent. Over the last 30 days, silver is up 30 percent.

Over the last 5 years, gold is up 80 percent. Over the last year, gold is up 38 percent. Over the last 30 days, gold is up 10 percent.

Over the last 5 years, Amazon is up 480 percent. Over the last year, Amazon is up 64 percent. Over the last 30 days, Amazon is up 10 percent.

But yeah - fiat currency, corruption, derp, derp. You'd have to be a fuckin' retard to think you'd have been better off lumping around your precious metals instead of just buying Amazon. The numbers don't lie.

Metals are part of any balanced portfolio, sure, but they aren't of much real value. Their value is perceived, just like your dolla bills. Harder than paper currency, for sure, but if you want hard currency, buy a cow.

I know Rich continues to forget this part...no one wants your gold, or silver, they want the fiat money you sell it for...so eventually you will have to convert your stockpile into that demonic fiat money to make it useful.

Otherwise it's just a shiny pile of rocks with no value.

Fish on...

Todd

The system is unraveling very quickly, only stupidity stops you from seeing that...

We are not staying in a fiat system, sound money will back up the system once it changes.

When you are going through a system change everything is devalued because the inflation is removed once you start over. Everything accept the new currency, which starts out with maximum purchasing power against all other assets.

Gold, Silver and even Copper are the best way to hedge yourself against this multi generational event, its the only way to maintain wealth or create wealth during the transition. All other assets against Gold/Silver will decline by 90+%.

Yeah nobody can eat your Gold but its recognized world wide as currency, a hedge against banks and governments, the ultimate black market currency and the future currency of all governments. Its the only thing which will allow you to buy back into the system with advantage after the reset. Will you be able to exchange dollars? Sure but not even close to an even swap, with gold and silver you will get a large premium if you cash it in for paper or digital money, but likely once you spend it its going to get locked in a vault somewhere never to recirculate again because money can be printed against it... That will be its value, (money can be created against it).

Rich, if you've been taking your own advice then you should be a millionaire several times over.

I heard there's a small island for sale where you can create you're own compound and be the Comander and Cheif, or third world dictator, whichever you choose.

Most of the infrastructure is already in place.

When you call don't ask for Jeff, he's been hanging out someplace else.

I have taken my own advice but I am not greedy. I have a good pile, enough to get rich off of for sure but not a massive amount. I have very little gold, a nice pile of silver. I have been collecting silver since I was a 10 year old kid... I did not purchase any while I was a cop, should have but did't, it was not till after I quit that I became a "stacker", before that I was a casual collector.

Here is an interesting story, since I am honest i did not benefit. I did a burglary investigation on a beach house once, some burglars broke in and lived in it for a month. Anyways there was 50 pounds of silver under some towels in the upstairs bathroom that the burglars never found, they just never used the towels so never found it, nobody would have known if I would have taken that silver but I am not greedy or a thief. Some cops would have definately taken that silver and never told anybody.

Come on derp derp Danny boy. Do you really think I have just gold and silver as investments?

Question is,did anyone ask?

Why do you care?

He doesn't.

Just like everyone else doesn't.

Are you having trouble following the conversation here?

I only ask because I care about you.

You seem to care enough to respond?

Thanks for looking out for me, Dan! I sure need it.

Quietly silver gained 9.5% today to $26.40, went up around 2 bucks, Gold is up over to $2040. Gold is at an all time high, silver is about half way to its all time high.

That's what happens when the Gubmint spends like a drunken sailor and blows up the debt, while practically eliminating the interest rate...inflation is the economic killer, and we're going to get killed by it.

Fish on...

Todd

You would sell it at spot?