I've been buying silver for the last year. I'm trying to get at least 5% of my net worth into it. That said, I wouldn't recommend people put more than 10% of their worth in medals.
More taxes coming? You betcha...
- Thread starter megatabbers
- Start date
I've been buying silver for the last year. I'm trying to get at least 5% of my net worth into it. That said, I wouldn't recommend people put more than 10% of their worth in medals.
Silver is trading at $17.28 an ounce, so 100 ounces would net you around $1,728. So the only question that remains is, what kind of college are you planning on attending: clown or barber?
I have heard 1500$ because silver should be 1/12 gold price. Gold is going to 15,000. Since this spike silver is going to skyrocket and be 1/10 to 1/5.
150,000 is harvard type of education.
I'll sell you 1oz of silver right now for $750, that's so cheap you can't afford not to buy it. I'll pm you my paypal address.
Silver is what people are turning to after gold. That is what will skyrocket silver.
Ron paul, Bob chapman, Peter schiff, Mike Maloney all said silver is the deal not gold
[ame="http://www.youtube.com/watch?v=SFyfJtMtAYQ&feature=related"]YouTube- $15,000 Gold and $1500 Silver - Gold and Silver Predictions By Mike Maloney[/ame][ame="http://www.youtube.com/watch?v=p6uFD3-ESPM"][/ame]
Ron paul, Bob chapman, Peter schiff, Mike Maloney all said silver is the deal not gold
[ame="http://www.youtube.com/watch?v=SFyfJtMtAYQ&feature=related"]YouTube- $15,000 Gold and $1500 Silver - Gold and Silver Predictions By Mike Maloney[/ame][ame="http://www.youtube.com/watch?v=p6uFD3-ESPM"][/ame]
In all seriousness, Gold has been 45x Silver for most (but not all) of the last century. Its been a very long time since it was consistently even only 20x.
That said currently Gold is 65x silver, which is ridiculous and why I like silver a lot more than Gold right now.
Also it was 1/16 in 1980 because of the effort to corner the silver market, which will not happen again.
Anyone else find it funny that couple threads down someone wants to get 250k from nancy pelosi to build a skatepark lol.
What would be a good country to move to that has A) fast internet B) Low taxes C) not too expensive living costs?
Live there for 10 years, work your ass off, come back a rich man.
edit: I need to get some sleep. i read pepsi as pelosi.
What would be a good country to move to that has A) fast internet B) Low taxes C) not too expensive living costs?
Live there for 10 years, work your ass off, come back a rich man.
edit: I need to get some sleep. i read pepsi as pelosi.
Poll Reveals Most Americans Don't Know They Got a Tax Cut - Political Hotsheet - CBS News
Most of the countries with the standard of living you are used to are going to charge you more in taxes.
The Puritans had public education and the US has had it for plenty of years now. I'm not aware of this leading to any crisis where people wanted to quit their job or work less.
The problem that we can always find concrete examples of is nations having more people willing to produce than there are jobs available. Labor force participation has actually increased over the years due to more women entering.
Most of the countries with the standard of living you are used to are going to charge you more in taxes.
The Puritans had public education and the US has had it for plenty of years now. I'm not aware of this leading to any crisis where people wanted to quit their job or work less.
The problem that we can always find concrete examples of is nations having more people willing to produce than there are jobs available. Labor force participation has actually increased over the years due to more women entering.
No one knows how high metal prices will go, but the fact remains that inflation or hyperinflation will cause their values to rise. Does anyone actually think we are NOT headed for massive inflation?
I can't understand how you have rates near zero for years and not have massive inflation. I hope someone can explain that to me. Our debt alone will lead to inflation. Borrowing near zero for years should lead to massive inflation.
So given that I think there will be massive inflation, I like medals, houses, whiskey, etc. You know, tangible shit.
I should also say that if I had a few million right now, it would almost all be going into foreclosures. The other thing about medals is, as the rest of the world gets richer (relative to the US), what do you think they are going to want? The Indians for example, fucking love gold.
That is true. But if hyper inflation sets in silver will skyrocket no doubt. If i had more money i would buy more silver.
Forgive me for my ignorance, but isn't this what private schools are? Maybe I'm missing your definition of education. I do agree with you on the other two points though.
Another question is one of the timeline. All these people saying massive inflation is coming any day now are missing a few key ingredients I think. For it to happen you need low unemployment rates and rising salaries - neither of which is happening or is likely to be the case for quite some time. I mean, you just can't have inflation when the unemployment rate is at such a high level, people are getting laid off left and right, wages and income are stagnant or dropping, etc.
I sold my stock portfolio and bought gold summer of 2007. I have it stashed in vaults overseas, away from prying goobermint fingers. I have a shitload of guns and ammo, a garage full of armaggedon supplies, a solar power rig and a clean well in my backyard. I have dual citizenship and a nice little hacienda in south america should the need arise.
BRING IT, OLIGARCHS.
BRING IT, OLIGARCHS.
Public schools are a fucking joke and I hated highschool.
A quick story i have is we had a senior project last year i would go to the libary during my 6 period since i only had 5 periods because i was ahead on credits.
Well one day the libary was closed for some reason and i had to stay after school to retake a test. So i went down to watch march madness that was still playing on the tv in the commons.
The security guard comes over screams at me. I told her my story, i said im not doing anything wrong im just sitting here untill 2:30 when school gets out. Her solution was to send me to the principal's office and talk with him about this. She told me that she didnt want me sitting at the lunch tables in the commons because of some bullshit about me being a terroist or some shit.
I pretend i got a text from my mom saying i had a doctors oppointment so i had to leave, And for the rest of the hour i hid from her.
How sad is that. Its to train us to be slaves. All normal activity is not ok but if i was smoking pot in the restrooms with all the druggies nothing is going to happen.
Fuck public education.