Noob Question: What exactly is silver's role to the market?

[HistoryStudent]

If bullion becomes harder to use it will only be because the bullion is not weighed or labeled. Or if 1 ounce of silver is too much money (lol)! This is why my next purchases of Ag will be fractional silver like 1/2 ounce or even 1/4 ounce bullion coins. Im not trying to pay the mortgage off this. I figure if and when the dollar crashes nobody will be paying the mortgage for a while!

Im thinking about groceries or road side farmers markets or gas. Can you imagine 250 silver? I can. This means fractionals will rule.

$250.00 hell, I'm figuring $550.00 buying power...

[HistoryStudent]

After ten years and a rise from $4.25 to $49.81 last night -

I suspect the role of silver is to balance OUT 150 years of manipulation and EXPLODE toward $500.00

IMVHO!

[HistoryStudent]

Silver was used as money way back around 3,880 year ago and before per Genesis 23:6.

http://kjvbible.net/

TYPE IN SILVER OR GOLD

Gold has been too valuable over the last 6,000 years so only the big boys used it.

[HistoryStudent]

From now on to RUN like hell.

[HistoryStudent]

Right NOW at around $30 silver is actually pretty CHEAP like it was 10 years ago.

[tesskansas]

You can buy silver at or below spot??? How is that possible? The dealer has to make money somehow right? On APMEX everything is sold above spot.

Sometimes I can pickup War Nickels at or below spot. I also keep an eye open at indoor flee markets for coins at the back of the store. I have picked up Merc. dimes for 1.25 when spot had them near 3.00.

[tesskansas]

Right NOW at around $30 silver is actually pretty CHEAP like it was 10 years ago.

NUMBERS printed/digitalized Money "wise" in US dollars, that is.

A 50% discount because of GLOBAL troubles and remember TPTB worldwide have that power to print
which is even better then:

General DeGaulle's:

"Exorbitant privilege" refers to the benefit the United States had in the US Dollar being the international reserve currency:
the US would not face a balance of payments crisis, because it purchased imports in its own currency.




Remember the old pre-1965 ish US coin $1,000 coin bags.


~ HS

Can you explain the "50% discount" rationale? Thanks. Are you referring to risk - an assessment of risk? Are you referring to the actual amount of dollars printed or created digitally? The way I see it, even the green stuff is getting hard to get my hands on. The bank rarely carries a lot of it. I have to order - special order by phone if I want to walk out with over $2,000. (even 1,000 causes a stir, and I need a good excuse).

[Garyw]

Paper must be hard to come by too. What you say must be true. I have had a 1,000 dollar limit on my debit card for the last couple of years and tried in the machine to pay my property taxes last week. It would only let me have 500 dollars. I went into the bank friday and told them I was supposed to have a 1,000 limit. They told me that was impossible as no one does. I told them to check my records and they found I had drawn that much in the past. They told me they did the 500 limit to protect their customers. I told them I was not protected with a debit card like I am with my credit card and they told me I was. I was under the impression if I had a fraudulent charge on a debit card it was not protected. They told me it was protected the same as a credit card. They still would not give me back the 1,000 dollar limit. I told them it should be 2,000 by now because it costs me 500 dollars just to fill up my motorhome once. and my 700 dollar pick-up costs 100 dollars to fill up. Dollars must truly be hard to come by.

[HistoryStudent]

Can you explain the "50% discount" rationale? Thanks. Are you referring to risk - an assessment of risk? Are you referring to the actual amount of dollars printed or created digitally? The way I see it, even the green stuff is getting hard to get my hands on. The bank rarely carries a lot of it. I have to order - special order by phone if I want to walk out with over $2,000. (even 1,000 causes a stir, and I need a good excuse).

When Mr. "O" first came in after 2008 the money supply was less than half what it is today. Sooner or later the "BS" printing has to hit the marketplace.

So with the whole world doing the PRINTY thingie all silver is half price as the can't print that too.

The velocity has gone to hell in a hand-basket though. That why even WAL*MART today came out with the big SNAFU sales for their stock price.

[HistoryStudent]

lol I know misty, but I feel like I came onto the silver game wayyyyy too late. I'd hate to miss out on a crazy bull that might occur soon while scouring and researching constantly!

You are actually early. The next four to six years should be emulate the last 11 only like being on steroids.

No mater if if goes into severe inflation or severe deflation the PM's buying power will AMAZE you.

Study up this time really might be different as currencies morph into a super one.

No mater what I expect SOMEDAY (probably too soon for me!) a pre-1935 US silver dollar to buy 10 gallons of gasoline
: if it's a new US deflated dollar a gallon or $25 US inflated dollars a gallon.





Think buying power for real MONEY.

Either ONE OUNCE is $10 (new money) or $10,000 (this money) it will have a lot of buying power.

[msolorio3]

Thank you!

[HistoryStudent]

New stuff is happening.

Read this and study it closely. Obama might pull a FDR and triple gold and five times silver.

Best wishes, HS

http://news.goldseek.com/LemetropoleCafe/1370188800.php

[stonedywankanobe]

New stuff is happening.

Read this and study it closely. Obama might pull a FDR and triple gold and five times silver.

Best wishes, HS

http://news.goldseek.com/LemetropoleCafe/1370188800.php

I likes the new stuff. welcome back HS.

[savvydon]

New stuff is happening.

Read this and study it closely. Obama might pull a FDR and triple gold and five times silver.

Best wishes, HS

http://news.goldseek.com/LemetropoleCafe/1370188800.php

That was a good article. Good to 'see' you again. I need help with the naysayers over at the numi end of town.

[Master_Ho]

New stuff is happening.

Read this and study it closely. Obama might pull a FDR and triple gold and five times silver.

Best wishes, HS

http://news.goldseek.com/LemetropoleCafe/1370188800.php

I'm telling mine more like 4 times on gold and silver - we're very close to the same condition we had in 1971............at that point many would normally sell in fear of losing profits - an then ti woul dgo back up again...........

This time we have a totally different problem........

From my class notes tonight - hope they make sense..........>>

Dollar Dead - 12-31-2012
5 Of The Top Ten Economies (and a few others) Dropped The US Dollar - they will no longer use the dollar for trade - its dead!!!

The Following Countries Met - 3-26-2013
The Following countries - China, Russia, India, Brazil & So Africa (who told Obama not to bother showing up) met in SOUTH AFRICA to discuss what they are going to due in case of Financial Tormoil in the US

Its not an IF it’s a WHEN - they are all now trying to pull on the reins as we go down!

That represents 53% of the world - more than half have walked already - WE WILL NOT USE THE DOLLAR!!!!

THIS IS WHAT THE FED IS HIDING!

In 9-12 months - just as I told you - people will wake up and understand whats really happening.


HISTORY STUDENT - Good to see you again - cheers!

[HistoryStudent]

PTB are now about 90% divested of their PAPER "BS" shortages.

Soon comes "the run for the roses" as they THEN go LONG.