• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

10:1 odds

arminius

Platinum Bling
Platinum Bling
Midas Supporter ++
Joined
Jun 6, 2011
Messages
5,422
Likes
7,832
#41
Agreed, that's why I'm standing pat now
Bout a week ago or so I watched 4 one ounce .9999 silver bars sell for 167 cash plus shipping on the goodwill auction site. That's 42+ per ounce.
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#42
Watch the market today
 

Unca Walt

Midas Member
Midas Member
Site Supporter ++
Joined
Mar 15, 2011
Messages
11,352
Likes
18,675
Location
South Floriduh
#43
I haven't deviated from the plan I implemented decades ago -- Whenever I have enough saved from my perpetual regular incremental additions into the pot to buy... I buy. Never sell.

The "cost" of PM purchase thataway is essentially nil. Zero. If the stipend had not gone into the Buy Kitty, it would have been spent and forgotten.

IMO, this is the most conservative method of value protecting possible. By no means is it a "money-maker" like buying and selling and paying tax when you hit, and eating shit when you whiff.

But it sure as hell is simpler.
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#44
I haven't deviated from the plan I implemented decades ago -- Whenever I have enough saved from my perpetual regular incremental additions into the pot to buy... I buy. Never sell.

The "cost" of PM purchase thataway is essentially nil. Zero. If the stipend had not gone into the Buy Kitty, it would have been spent and forgotten.

IMO, this is the most conservative method of value protecting possible. By no means is it a "money-maker" like buying and selling and paying tax when you hit, and eating shit when you whiff.

But it sure as hell is simpler.
Same here. I sleep well at night knowing that preservation of the wealth I've earned over the years is safe and sound. I don't think of PMs in terms of FRNs. I think of it as my safety net against disaster. The larger the safety net the more cushioned the fall. Selling it defeats the purpose of buying it IMHO. Perhaps I'm just an old fool.
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#46
Metals are starting to drop as I type this as the Dow is drifting lower. To bad the premiums are so damned high that we can't buy the dip!
 

Ebie

Midas Member
Midas Member
Joined
Apr 9, 2010
Messages
7,799
Likes
2,102
#47
Metals are starting to drop as I type this as the Dow is drifting lower. To bad the premiums are so damned high that we can't buy the dip!
I have never seen this: physical rounds are increasing strongly and paper prices have dropped significantly and are staying down.
If we are forced to use digital dollars only, that could be used to attempt to regulate the market...
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#50
You're better off buying from vendors off eBay but note the delivery times are about a month out. As Irons has said, stay away from buying from individuals as they may reneg on delivery. Crazy times we live in now.

Gold spot down almost $50 today so far
 

Strawboss

Apocaloptimist
Site Mgr
Midas Member
Site Supporter ++
Joined
Mar 31, 2010
Messages
8,075
Likes
15,525
#52
That may prove to be a great benefit to our gang here...I think most of us would feel comfortable buying/selling from each other...
 

Son of Gloin

Certainty of death? What are we waiting for?
Midas Member
Midas Supporter ++
GIM Hall Of Fame
Joined
Apr 6, 2010
Messages
7,579
Likes
16,941
Location
USA
#53
I’ve always liked Apmex because they’re very reliable, you get what you order in the condition advertised. Also, they have an unequaled broadness of inventory, at least unequaled, as far as I have seen. Looking through their site the past number of days, off and on, I would take a wild guess that about 80%, or more of their inventory is out of stock. It’s something I have never seen there before. Gold and Silver Eagles and Gold Buffalos on backorder. Gold Sovereigns out of stock. All the little European 20 Franc coins out of stock, as well as the German 20 Mark coins. Much of the US 90% Silver coinage out of stock, with a few exceptions. Amazing! They’ve been picked over like a Walmart toilet paper aisle.
 

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
31,499
Likes
44,093
#54
Last edited:

Son of Gloin

Certainty of death? What are we waiting for?
Midas Member
Midas Supporter ++
GIM Hall Of Fame
Joined
Apr 6, 2010
Messages
7,579
Likes
16,941
Location
USA
#55
That may prove to be a great benefit to our gang here...I think most of us would feel comfortable buying/selling from each other...
Great point! Being a member here on GIM, we have a “market,” so to speak, that bypasses eBay and some of their non-sense, as long as you can find a buyer, or someone who has what you want for sale.
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#56
Great point! Being a member here on GIM, we have a “market,” so to speak, that bypasses eBay and some of their non-sense, as long as you can find a buyer, or someone who has what you want for sale.
OK, so who's selling? :gold:
 

Son of Gloin

Certainty of death? What are we waiting for?
Midas Member
Midas Supporter ++
GIM Hall Of Fame
Joined
Apr 6, 2010
Messages
7,579
Likes
16,941
Location
USA
#57

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#58

gnome

Site Supporter
Site Supporter
Platinum Bling
Joined
Apr 10, 2010
Messages
5,502
Likes
4,360
#60
what do you guys think the next move to be?

I am thinking we get a massive infrastructure bill to the tune of $2T or so,

and of course it will all be to put people back to work, to get money in the hands of workers, etc.
It'll take 9 months for that money to get into the hot hands of workers.
But at least infrastructure leaves something behind that's useful, as opposed to throwing debt at bankrupt companies.
We are still benefitting from some things built during the WPA a century ago.
 

coopersmith

for fuck sake..........
Silver Miner
Joined
Mar 31, 2010
Messages
2,198
Likes
3,730
Location
ogallala flats
#61
My county is covered up with WPA stone bridges,, still in good shape.
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#63
Gold and stocks took a hit today. Interesting times for sure. Tomorrow is April Fools day. I'm thinking it should get canceled because taking a single day to celebrate a joke is woefully underwhelming given what a joke reality is today
 

oldgaranddad

Platinum Bling
Platinum Bling
Midas Supporter ++
Joined
Feb 21, 2012
Messages
5,450
Likes
9,925
Location
On the top shelf.
#64

DodgebyDave

Metal Messiah
Midas Member
Joined
Mar 30, 2010
Messages
12,382
Likes
14,608
#65
Would the Davos elite go this far to collapse the US..........................................
 

the_shootist

Trump 2020
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
44,991
Likes
74,439
#66
Would the Davos elite go this far to collapse the US..........................................
Of course they would. Moreover; that's their dream!
 

DodgebyDave

Metal Messiah
Midas Member
Joined
Mar 30, 2010
Messages
12,382
Likes
14,608
#68
Yes, they did. Next question?


.
It really wasn't a question so much as an observation. We are to the "end game".

The Davos elite have shot their wad. All in at the poker table. Bet it all on a pair of jokers
 

Strawboss

Apocaloptimist
Site Mgr
Midas Member
Site Supporter ++
Joined
Mar 31, 2010
Messages
8,075
Likes
15,525
#69
It really wasn't a question so much as an observation. We are to the "end game".

The Davos elite have shot their wad. All in at the poker table. Bet it all on a pair of jokers
I agree.

And once this virus is on the decline and things are on the mend - I FULLY expect Trump to deliver the counter-punch that he has been holding back for oh so long...
 

Irons

Deep Sixed
Sr Site Supporter
Mother Lode
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
30,497
Likes
57,913
#71
It really wasn't a question so much as an observation. We are to the "end game".

The Davos elite have shot their wad. All in at the poker table. Bet it all on a pair of jokers
Every intelligence agency on earth will be hunting these fuckers down and executing them on the spot.
Prolly happening already.

.:meditation:
 

Zed

Rolling Silver Dice!
Midas Member
Site Supporter ++
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
17,371
Likes
17,300
Location
Peeking out from under the keyboard!
#73
I am thinking we get a massive infrastructure bill to the tune of $2T or so,
Fiscal spending to the max... it is all they have left. Monetary policy is DONE, the market seems to be screaming that to the heavens.
 

Zed

Rolling Silver Dice!
Midas Member
Site Supporter ++
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
17,371
Likes
17,300
Location
Peeking out from under the keyboard!
#74

Scorpio

Hunter of Chin Li's Boo Hoo Flu
Founding Member
Board Elder
Site Mgr
Midas Supporter ++
Joined
Mar 25, 2010
Messages
31,499
Likes
44,093
#75
with a mask..........
 

Cigarlover

Midas Member
Midas Member
Midas Supporter
Joined
Dec 18, 2011
Messages
8,111
Likes
16,025
#76
It really wasn't a question so much as an observation. We are to the "end game".

The Davos elite have shot their wad. All in at the poker table. Bet it all on a pair of jokers
Depends on your definition of end game I guess.
The end of freedom in the US? The end of the dollar as the reserve currency? It's the end of an era for sure.
Next up is the digital dollar. They will roll it out and keep the paper for now. When the technology is right they will then implement the chip and social scores. No more free thinking. Not in public anyway. The state will tell you what to think and how to think and whats right and whats wrong. Your either with them or your a terrorist.
The elite no longer care about money. For them it's power and control. If any movement starts to take hold then they will pull the plug on the internet and start making examples out of a few that have peashooters in their closets. Any opposition will be dealt with with brute force. WACO comes to mind. Total propaganda job and we will never know the truth. The real truth, not the one put out by the ministry of truth.
On the chessboard most of us are barely pawns. Not sure how trump fits into all of this but he is a different person than the one we elected. Happens every time. They all say one thing to get elected and probably with the best of intentions. Then they get in and fall in line with the plan, whatever that is. My guess is that once they have a digital dollar they will stop keeping track of the debt. The debt is meaningless at this point. The fed has already said they will inject as much money as is needed to keep everything going.
Once the digital dollar is in place they can then set prices nationally. They will tell industry what to manufacture and how much they will sell it for. They will regulate utilities or take them over completely. Thats why there are already so many Gov/corporate partnerships. It's right in front of us and has been for a long while.
So the end game for us is a new beginning for them. The new world order is at hand and we are watching it come to life.
Obama was easy to buy. Now he's retired on his marthas vineyard estate. He was a broke ass when he took office and now has about 1/2 a billion to his name between his bank accounts and foundation. Trump was probably not bought as cheaply. He already has loads of money. For him it's about leaving his family legacy and making sure the Trump name will live on forever. His children will probably do very well in the new world order deal they have planned.
We never even fired a shot and just stayed in our homes cowering in fear. Thats the legacy for our freedom.
 

Thecrensh

Midas Member
Midas Member
Site Supporter
Joined
Jun 26, 2013
Messages
8,553
Likes
12,294
#77
Depends on your definition of end game I guess.
The end of freedom in the US? The end of the dollar as the reserve currency? It's the end of an era for sure.
Next up is the digital dollar. They will roll it out and keep the paper for now. When the technology is right they will then implement the chip and social scores. No more free thinking. Not in public anyway. The state will tell you what to think and how to think and whats right and whats wrong. Your either with them or your a terrorist.
The elite no longer care about money. For them it's power and control. If any movement starts to take hold then they will pull the plug on the internet and start making examples out of a few that have peashooters in their closets. Any opposition will be dealt with with brute force. WACO comes to mind. Total propaganda job and we will never know the truth. The real truth, not the one put out by the ministry of truth.
On the chessboard most of us are barely pawns. Not sure how trump fits into all of this but he is a different person than the one we elected. Happens every time. They all say one thing to get elected and probably with the best of intentions. Then they get in and fall in line with the plan, whatever that is. My guess is that once they have a digital dollar they will stop keeping track of the debt. The debt is meaningless at this point. The fed has already said they will inject as much money as is needed to keep everything going.
Once the digital dollar is in place they can then set prices nationally. They will tell industry what to manufacture and how much they will sell it for. They will regulate utilities or take them over completely. Thats why there are already so many Gov/corporate partnerships. It's right in front of us and has been for a long while.
So the end game for us is a new beginning for them. The new world order is at hand and we are watching it come to life.
Obama was easy to buy. Now he's retired on his marthas vineyard estate. He was a broke ass when he took office and now has about 1/2 a billion to his name between his bank accounts and foundation. Trump was probably not bought as cheaply. He already has loads of money. For him it's about leaving his family legacy and making sure the Trump name will live on forever. His children will probably do very well in the new world order deal they have planned.
We never even fired a shot and just stayed in our homes cowering in fear. Thats the legacy for our freedom.
You may be right...you also may be wrong. I pray that you're wrong and that someone is actually trying to do something about the evil elite. And hopefully they just don't plan to replace them with themselves...
 

Cigarlover

Midas Member
Midas Member
Midas Supporter
Joined
Dec 18, 2011
Messages
8,111
Likes
16,025
#78
I may be wrong but one thing I can do is see the writing on the wall. Sometimes things come in mysterious ways.
After writing that post this morning I went on you tube. part 3 of atlas shrugged came up on my side bar. I watched the whole thing a couple months ago but was interested to just watch this part again for some reason.
One of the quotes from the movie...Actually I'll just post the video. Start at 103.30 where John Galt cuts in on the news cast.
 

Cigarlover

Midas Member
Midas Member
Midas Supporter
Joined
Dec 18, 2011
Messages
8,111
Likes
16,025
#79
Your lives are becoming more difficult as the life force of your world is draining away............As everything around you seems to decline. one thing still grows. Its the power of your rulers. None of their plans and directives have solved your problems or made your life better. The only result has been the increased control over you at the cost of your freedom. Do you know why? You gave them the power. They called for your sacrifice and you thought it was noble.
What did we hear in yesterdays presser? We need to sacrifice for the good of everyone..
Take a look around. Is this crisis really as bad as they say? Before this people had little faith in Gov ever doing the right thing. Didn't trust the media. Has that changed all of a sudden?
Th left is fully onboard with socialism. The right is still very much in favor of looking after yourself and taking care of ourselves, individual liberty and freedom for all. What better way to get the right on board than to give them the illusion that their president is from their team? Trump is Obama on steroids. How can he be for individual liberty and sign off on the patriot act? How can he be for liberty and have Barr as AG and asking for more freedoms and rights be taken away from we the people? Read what I have in quotes above and tell me thats not whats happening in this country right now and has been long before trump came into office.

Tell me this. Trump wants a 2 trillion dollar infrastructure plan. Thats about 10% of the economy or was anyway, before he destroyed it. If you have 130 million workers in that economy then 10% would be about 13 million. Thats what you would need to run a 2 trillion dollar program. According to Trump we only had a 3% unemployment rate of less than 5 million out of work. Have to assume that when things open back up many of the recently unemployed will go back to work. Waitresses and bar staff are not suddenly going to become construction workers. We will need to import millions into the US to work these jobs if they are really going to be created. Obamas trillion dollar program for shovel ready jobs never really resulted in anything being done. Like Trump said yesterday, who knows where that money went. Now Trump wants to double that program? Obama on steroids.