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#1 | |
Avalon Senior Member
Join Date: Sep 2008
Location: a box in the inner city w. a slight chance of suburbia New Jersey
Posts: 160
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Does this make me a fool by G-fathers definition? or would it be cause i listen to intuition over someone else's opinion. Also, im feeling nice today soo instead of trapping your grandfather's soul in a card i will spare him & u today, muwahaha. Fo real though It doesnt take a masters to know when socialists have infiltrated your gov. -anyone remember the scene in the OG war of the world's where the dude trying to get into the truck offers to buy a ride & gets tossed out. Jewels, cash silver & gold are seen in his suitcase & due to the panic of recent global events in this case it was worthless. YOU CANT EAT METALS!! Id think 10 is a good starting collection for those who are concerned of freetrade & barter but dont come back here in a few years yelling at me cause you "could" "should" "would" have made more $ in return. Last edited by FrostyMcunicron; 10-19-2008 at 03:22 PM. |
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#2 | |
Avalon Senior Member
Join Date: Oct 2008
Posts: 73
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He was referring to people who blow every situation out of control. His usage of the word "idiots" was a metaphor for "inexperience". Anyways, in most cases, all the preparation that people think will save them, will not. Some idiot will burn your home down or break your door down and kill you or whatever. PS: I agree with you 100% about gold. Metals will not have any value in a total anarchy driven collapse, until the later days when food sources have been rebuilt. However, they are a good hedge against the falling dollar until things collapse. |
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#3 |
Avalon Senior Member
Join Date: Sep 2008
Location: Iowa
Posts: 73
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Be carefull when buying, dealers know whats going on in the worlds rumor mill and are taking advantage of it.
I was buying generic bars and rounds, to prevent paying colletor value. No place in town now has bullion available so I moved to 2008 walking liberty's. This was going ok until I walked into the dealer I had turned to recently and he jacked the prices up even after the recent devaluation of the market. So basicaly I told the guy my money spends good elsewhere, realy it's to bad because I was about to make my largest purchase yet. I suggest checking spot value before buying and don't pay a dime over $3.00 an oz. from spot (silver). Some places are even trying to charge full price on 90% scrap coin silver, This is totaly dishonest and people like this should not be dealt with. As far as how much to invest, It should not be looked at as an investment but rather a vault for your personal wealth (hedge). The idea behind precious medals is sorta like this. $9.00 = 1 oz. silver = 9 loafs of bread $20.00 = 1 oz. silver = 9 loafs of bread $4.00 = 1 oz. silver = 9 loafs of bread |
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