Lat me help you with a dose of reality

or an account in a closed bank, and you can't wipe your ass with silver. Oh yeah - you are much better off if you can say "buddy can you spare a dime?" in five languages. Oh, I forgot, the dime is worthless.

Which commodity has more value, paper or metal? What about paper+ink or metal? See, that is why many people are buying silver. Paper money is not backed by anything of substance, it's just paper and ink. At least with gold & silver you can be assured that the value will remain as it has never gone to zero even in the past 5000 years.

I realize your point of what will there be for us to buy if the economy crashes, but I can assure you that if the economy and dollar both crash, those of us with silver will be able to purchase a lot more of whatever is available as compared to those who held on to all the paper+ink.

Worst case scenario, let's say the dollar becomes absolutely worthless. If that happens, paper money will be worth even less than blank post-it notes. That's because the paper money will be both worthless and useless. Silver, on the other hand, will hold a value regardless of what happens to the paper money or even the nations that print it. Take your silver or gold anywhere in the world and it will still have a value.

It is also obvious that along with your broken English you don’t have a very firm grasp on either monetary or economic mechanics, particularly under the American Fiat Monetary System.

First, I am quite sure that the people on the DP are far more prepared for the economic crash that is heading our way than the vast majority of Americans in this country. Second, you miss the entire point of gold and silver, actually you miss several points and you have proved the ineptness of your logic time and again on various threads. I would say that most of the people here on the DP are doing far more than just buying gold and silver, I am quite sure that they are and have prepared themselves and their families with stocks of food, trade goods, medicines and other essentials. Additionally, you don’t seem to have a clue as to the barter factor that gold and silver hold even during a massive and extensive economic collapse, particularly during the first few months of a collapse when fiat currency will increasingly be rejected as a medium of exchange.

Thus is appears that you are making some very big assumptions with your comments. Once more, if there were no other posts on the DP but about buying gold and silver then perhaps you would have a valid point however, it is obvious, at least to everyone but yourself, that the points you are attempting to make are simply null and void; that your understanding is deficient on the subject of the preparation of the people here on the DP.

As I have often said, it is vital that someone not invest in gold and silver in the hopes of a future gain in fiat money. That is not the reason to buy gold or silver, the reason to purchase those metals is as a collapse hedge. For those on the DP who simply cannot afford to make large purchases of either gold or silver I have always offered the advice to buy trade goods to barter with when the fiat currency reaches the terminal point in its life span.

Now, for me, I have no need to sell my homes, or my land holdings and real estate or anything else to purchase gold, silver and other commodities. I have been purchasing silver for nearly 5 decades and gold since it was legalized in this country to hold bullion.

Now, based on the last 60 years or so, I have experienced a great deal in my life, I have also gained a great deal of knowledge, most of that knowledge is workable and beneficial. I have seen a great deal, many, many changes and I have studied economics and monetary mechanics for decades.

I suppose the a few more points that you seem to miss is the fact that people here are pretty free to say what they want to, so why should you assume either the power or the responsibility to tell others to shut up about gold and silver. Thus far you have not proven a valid basis for any opinion you hold or proclaim in this forum; in fact you positions have shown a great deal of ignorance on a number of issues.

Again, where do you get off telling others what you are telling them, and telling them in a very poor manner I might add? The stupidity appears to be on your part especially since you are expressing yourself in such a pitiful manner and language is simply no excuse for such poor logic, that is a character flaw or so it appears by your threads and comments.

So, as usual, when it comes to people like yourself who simply don’t have a firm grasp on either monetary mechanics, monetary or economic history you base your argument on illogical and poorly constructed assumptions. You therefore, make yourself out to be an ass instead of a person who holds an intelligent opinion or position.

So...I suggest you go back to your little sandbox and play.

http://www.1776solution.blogspot.com

"If I want to be free from any other man's dictation, I must understand that I can have no other man under my control." ~William G. Sumner

But I have a tentative answer. Precious metals (even if they're not so precious, like silver), like all other commodities, are good hedges against inflation. Consequently, if the dollar becomes severely devalued, you can redeem your gold/silver for dollars at a much higher rate. Moreover, such metals are much more liquid than "the stuff you need anyway," not to mention less perishable.

Instead of studying your next, 6th language, look up "inflation." That's what a Federal funds rate of ~ 0% leads to.

If all people give this message, sovereign maersk might just go away.

in food and lead

I just flushed all my silver down the toilet! Dirty, filthy metal!

Please pardon my English.... I'm an American.

I may not know the truth, but I know when I'm being lied to...

manipulated and controlled, nothing reacts in a free market way and hasn't for years. The stock market proves that.

is as impressive as your command of this financial situation. Wait for it .....

wait for it......

wait .....

TROLL.

_____ _____ _____ _____ ______ ______ _____ ___
“Revolutions never go backward.”
Wendell Phillips

"Truth" and "History" are relative...