karl Denninger Rules, selling silver bricks $$$$$$$$
03.17.10
Enjoy making change at the 7-11 with your gold bricks.
Tags: precious metals, selling gold, shorting, Silver, stocks
Scrap gold and old gold jewelry sell for excellent prices right now
03.17.10
Tags: precious metals, selling gold, shorting, Silver, stocks
I see deflation right now as there is a lot of credit garbage out there that has to be dealt with. Then, inflation from there. We still have a massive title wave of forclosures to come. BTW, people are moving into Palladium big time. What’s that mean? People are thinking industrial demand is going to pick up. It just broke a record for ETF demand this week.
OK, there you go. I have silver as savings too. I’m not going to be able to barter with that. What’s with the negative waves! Let’s be positive, as life is way too goddamn short!
No, you should keep it, but don’t think your going to be a millionaire! It is savings and that’s about it. You should look at all forms of silver. Look at the stock AUY. It’s going down and I’m glad i sold out. When it get’s cheap again, I’ll buy it. Seriously, have a nice balance of money, silver, and stocks. I’d have mostly money. 50% money, 25% silver, and 25% stocks or something. If we do have super inflation, use the cash to buy more. It’s not happening right now!!!
Deer meat is pretty good.
Just something to consider.
I don’t need money to continue my sustenance (I have it, as I often talk about, but I don’t need it) My housing, food, and continuing my house and food is provided for. I can protect it very well.
I have vegetables. I have deer meat. Someone has a gold brick, but no means of continuing their sustenance?
Who’s more wealthy? That deer meat may cost them 1 gold brick. I waited for the market to go my way.
Just something to think about.
I’m getting out of the bunker and I’m going for a walk. Fresh air, babes running around, and I need to get out!
Good points, but I’m not going to the Mad Max scenario. Like I said, I’ll be long gone!
This is why I don’t care what happens. There is no way I’m paying off my student loans and credit cards if this happens. I won’t make a damn difference anyways. I’m trying! I’m playing the game anyways. Life is too short!
I own a bit of everything. When i see a profit, I take it. If one thing goes way down, I buy more based on fundamentals. Oil ain’t going anywhere and I’ll buy a lot more if it continues down.
Oh, I haven’t gone that route either. Because I don’t see hyperinflation. But I have a lot of folks asking: “How do I do both?”
I figured an ‘economic strangle’ strategy might work here.
I’m weighted into deflation.