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If you actually research the

If you actually research the price of silver, you'd see that it currently is IN a bubble. The historical normal price for silver is about $5 per ounce.

When, not if, the Federal Reserve starts to raise interest rates, the value of silver is going to drop substantially. You will then lose 60% to 80% of the value of your savings.

Don't say no one warned you.

“If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin.”

you don't have any idea what

you don't have any idea what you are talking about.

lol @ the fed raising

lol @ the fed raising rates

yeah buddy, keep telling yourself they're done printing money. lol.

Simple Facts and Plain Arguments
A common sense take on politics and current events.

www.simplefactsplainarguments.com

printing money and raising

printing money and raising rates are different things you know?

“If ever a time should come, when vain and aspiring men shall possess the highest seats in Government, our country will stand in need of its experienced patriots to prevent its ruin.”

The Fed will NEVER raise

The Fed will NEVER raise rates again within this ponzi fiat financial system. IT CAN'T! Raising rates explodes the national debt and will crash the pyramid scheme.

Please educate yourself on silver...

http://www.dailypaul.com/254031/learn-the-truth-about-silver...

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

one of the worst posts I've

one of the worst posts I've seen at the DP. You need to educate yourself on silver and why the world is running out of it.

http://www.wealthwire.com/news/metals/2290

http://maxkeiser.com/2011/04/08/silver-will-be-the-first-ele...

US govt and assisting banks have been able to suppress the price of silver for 40 years as they sold every ounce they had...and when that ran out...banks have used massive derivatives. They are now out of physical and the paper 'slight of hand' is ending. All the big players are now DEMANDING physical delivery...no more of this paper garbage.

There will come a time where NO AMOUNT of worthless fiat currency will be able to purchase silver and gold.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

worry'n bout the wrong thang

matey ! all FEMA KAMPS will be cashless

hmmm. tylenol & diy. nuff said

1oz of silver will buy you a years worth of tylenol. An hr of youtube on diy fix a house every 6 months plus tool expenditure [which is tax deductable] & your set. Get the multidwelling unit. Live in 1 rent the others. Buy gold & silver until you get bored then come out of retirement.

gold and silver have no

gold and silver have no counter party risk. Your multi dwelling property can easily be taxed to the point where you're losing money on it.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Who is going to enforce the

Who is going to enforce the tax when the state is bankrupt, and the workers realize their FRN paychecks are worthless?

reply for tjv's comment.

Im using my tab sorry for the incorrect placement.

reedr3v's picture

Material assets can always be

lost, confiscated, etc. Putting all your assets into a single basket is against most advice I've read. Many advisers recommend diversification of assets, such as farmland, food, water resources.

And the one asset that cannot be taken while you are living and in good health is education -- I don't mean U. degrees, but skills, knowledge of healthful living, information, understanding how the world works. You already have a big edge of most youth, and travel is a great way to increase your understanding. There is no single silver bullet.

That's what I'm doing.. I could care less about wealth

I'm making sure me and my family has food, water, shelter, land to live on and whatever supplies I can put up to make sure those things are reinforced/secured.

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

Question is:

What's preventing you from retiring right now, age or money?

Car payments and living with

Car payments and living with my parents.

How long do you plan to live?

Where would you like to be at the end of the road?

www.youtube.com/truefictions

I try to change people every day. Do You?

You will need a passive

You will need a passive income stream. I recommend a rental property like a duplex or triplex. It will also hold value better than FRNs.

imo...the last thing you want

imo...the last thing you want to invest in is rental properties in the world we are heading into. Property taxes could in effect confiscate your property.

Spend an hour watching Mike Maloney's videos...

www.goldsilverdvd.com

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Good vids. He recommends

Good vids. He recommends buying rental properties around the 1:09 mark.

yes...but only after silver

yes...but only after silver has skyrocketed and you can pickup a house for a couple handfuls of silver eagles.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

But those will be expensive

But those will be expensive to maintain and such a headache dealing with tenets.

That sounded pretty lazy. :)

To answer the question.. It greatly depends on what level of lifestyle you feel you want to maintain.

I'm retiring with about that much in less than a year. :)

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

Not really, working sucks. I

Not really, working sucks. I rather be going out traveling and stuff than serving people.

Well no, I want to be at the

Well no, I want to be at the point where I can get to go out and travel, and do stuff I want to do. Private Jet, hot women, etc.

Well let's see, millionaire

Well let's see, millionaire status, in gold and silver.

I suggest you get to work then.

600 isn't even close. :)

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

That was my question, how

That was my question, how much would that be.

Well, you can check the current prices

http://www.apmex.com/

I'd say, depending on what your ounces consist of, as a guesstimate (since selling it would put it a little under spot) let's say $30 times 600, you have around $18000 in silver. Think you have a ways to go still I'm afraid...

What are you fightin' for?
Caught in the middle?
Freedom is only for those with the guts to defend it!

That's of now, I'm talking

That's of now, I'm talking about when it hits it's bubble.

Work as if you're behind.. and you're way behind.

Gold will go up but it's being manipulated.. I believe Japan has had the longest running depression in history.. so they CAN extend it. (I believe it is them)

If the keep manipulating the economy in order to hold onto Keynesian ideas and practices, it could be a long process. My belief is though, that the crisis will be uncontrollable and you'll get your bubble.. Predicting the amount of precious metals though is a great stretch.

If you think those 600 are anywhere close to what you need or you're holding out that you may not have to work much longer because it'll skyrocket overnight.. well keep dreaming.

If that were to happen just like you wanted and you happened to save 100 times that amount.. I think the price at that time of a trip around the world jet setting here and there would be so astronomical that you'd still be behind the gun.

Your best bet is to live realistically by downsizing, becoming independent in every avenue you can and continuing to work like a madman so that you can afford supplies to farm and get by cheaply when it finally hits. It's going to be a long drawn out ride, either way.

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.