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Thread: Don't let the current Price of Silver Scare you into selling. The Ploy Continues

  1. #1

    Exclamation Don't let the current Price of Silver Scare you into selling. The Ploy Continues

    I'm still thanking the Comex and powers to be for giving us all the opportunity to continue purchasing Silver. Silver may look to be a Joke, but when it finally will sky rocket then its all she wrote. When Silver does sky rocket it means that the Gold price will finally go to its natural trading value. The only thing I can think of as to why Silver is being held down by our friends at the Comex/Int Banks is due to our friend the "Almighty Dollar". When Silver and Gold finally vault higher there really is no use trading it for paper currency. All this is headed for one goal. Simple transition from fiat to digital currency. We don't know what digital currency will be in play when this happens but rest assured, the Federal Reserve has one in mind.

    When researching crypto the thing to look for in the dark closets is if the Federal Reserve pops up to any known name of any crypto currency. This will probably be the replacement to the dollar. That's what I'll be looking to buy into when Silver finally bolts higher.

    Its been awhile since I've posted but once a silver bug always a silver bug. I'll always have some on hand even when this ridiculous new currency (digital garbage) comes into play. Keep following the money. Silver, currently is truly the best play out there. Cheers.

  2. #2

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    You do know this has been the talking points since the 60s?

  3. #3

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    question to anyone: About this 'new crypto' currency world, digital world we'll be living in...

    What will a "Bail In", from the cryptos, to the bankers, look like?

    I'll suspect it'll look the same to those affected, as if it occurred during the fiat period, except, they'll be able to pinpoint any specific group, to use as the affected party, through their access to all transactions that have occurred on any specific account

    O.K.
    Q to the stackers: About your stack

    What will a "Bail In", from the cryptos, to the bankers, look like?

    I'll suspect it'll appear as if nothing happened at all, spot price may move one way or the other, otherwise, it would appear to be 'life as normal', your stack is still there




    you don't hold it, you don't own it
    Fiat Included = Currency Included = Coin of the Realm Included = etc

    DYODD as centralized control is terrible, inefficient and expensive
    Honor for US, Justice for Our Children! Now!

  4. #4

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    My concern with crypto would be the ability of the government to outlaw it with the stroke of a pen. During a currency collapse before talks of bail ins or anything else at all the first and foremost concern is stopping currency from fleeing the economy. We saw it most recently in Greece where you could not even take more than $50 in cash out of your own checking account for fears that people would get their money out of the economy and sink things even further.

    There are several countries where crypto currency are outright illegal; governments don't like things they can't control. As a private citizen you are forbidden under penalty of law from owning crypto currency. There are countries where the banking system is forbidden from dealing in crypto currencies, but citizens can own it. Then there are countries that currently crypto currencies are insignificant enough that they are ignored.

    If things get bad the first step i to demonize crypto as the currency of drug dealers, terrorists and human trafficers, followed by an outright ban. Again the point would not be to bail anybody but to close a venue for capital to escape the sinking ship.

  5. #5

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    The periodic table of commodity returns. Learn to make a little off other commodity cycles and use that to save up for silver buys.
    http://www.usfunds.com/interactive/t...rns-2018/#peri

  6. #6

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    Quote Originally Posted by refrep View Post
    I'm still thanking the Comex and powers to be for giving us all the opportunity to continue purchasing Silver. Silver may look to be a Joke, but when it finally will sky rocket then its all she wrote. When Silver does sky rocket it means that the Gold price will finally go to its natural trading value. The only thing I can think of as to why Silver is being held down by our friends at the Comex/Int Banks is due to our friend the "Almighty Dollar". When Silver and Gold finally vault higher there really is no use trading it for paper currency. All this is headed for one goal. Simple transition from fiat to digital currency. We don't know what digital currency will be in play when this happens but rest assured, the Federal Reserve has one in mind.

    When researching crypto the thing to look for in the dark closets is if the Federal Reserve pops up to any known name of any crypto currency. This will probably be the replacement to the dollar. That's what I'll be looking to buy into when Silver finally bolts higher.

    Its been awhile since I've posted but once a silver bug always a silver bug. I'll always have some on hand even when this ridiculous new currency (digital garbage) comes into play. Keep following the money. Silver, currently is truly the best play out there. Cheers.
    Gold has already been vaulting higher. Perhaps the reason you forgot to mention as to why silver is being "held down" is because nobody wants the worthless gutter metal. Miners don't even go after it, it's just a byproduct of what they are really after (copper). Silver hasn't been relevant since the late 60's and I don't suspect that will be changing anytime soon. I would suggest you cut your losses and get some gold but looks like you are already late to that party. ~267

  7. #7

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    Even gold lost importance in western society because of dollar strength, without such harsh inflation shocks, their is less reason to hold gold. Golds move higher is a byproduct itself, a reach for some safety as the price is jolted because of it's connection to the economic machine.

  8. #8

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    Quote Originally Posted by everything1 View Post
    Even gold lost importance in western society because of dollar strength, without such harsh inflation shocks, their is less reason to hold gold. Golds move higher is a byproduct itself, a reach for some safety as the price is jolted because of it's connection to the economic machine.
    Western Society ? Speak for yourself Yankee. Because of the exchange rate between the American and Canadian dollar is over 30 cents on the dollar gold works quite nicely for me.

    kaching
    You are a spiritual being having a human experience. Brent Leese

  9. #9

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    Quote Originally Posted by DBCooper View Post
    My concern with crypto would be the ability of the government to outlaw it with the stroke of a pen. During a currency collapse before talks of bail ins or anything else at all the first and foremost concern is stopping currency from fleeing the economy. We saw it most recently in Greece where you could not even take more than $50 in cash out of your own checking account for fears that people would get their money out of the economy and sink things even further.

    There are several countries where crypto currency are outright illegal; governments don't like things they can't control. As a private citizen you are forbidden under penalty of law from owning crypto currency. There are countries where the banking system is forbidden from dealing in crypto currencies, but citizens can own it. Then there are countries that currently crypto currencies are insignificant enough that they are ignored.

    If things get bad the first step i to demonize crypto as the currency of drug dealers, terrorists and human trafficers, followed by an outright ban. Again the point would not be to bail anybody but to close a venue for capital to escape the sinking ship.
    they try to ban drug, porn and prostitution but they are still commonly available.
    Venezuelan banned cryptos but those who know how to trade them still have cryptos.

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