>Its not the and gold and silver prices are going to continue to go up, its the inverse. Its the US currency going down.
People keep posting that here. You're right, it's true... no argument there... but for those of us in the US, that's why we want them stable commodities and how they look compared to other currencies... we get paid in US dollars, so that relationship is all that matters. Sadly. Which is why smart US citizens are dumping their dollars for commidities that will hold their value as the dollar continues to decline.
Texas University just dumped ALL of the their assets... all of them... and bought 1 billion dollars worth of hard physical gold to store in a vault. 1 BILLION dollars worth... lump sum. The company I work for just yesterday had an urgent meeting with their banker about the pension fund... and the vote was to dump ALL US assets and stocks and buy millions of dollars of hard gold to store, to protect the value of the pension fund against the predicted collapse. If they are wrong, big deal, sell the gold and resume near where they left off. It may go down some, but gold collapsing is considered FAR less liekly that the US dollar, which is almost a certainty at this point. It's not about making value on the gold investment, its about NOT losing the value on hyperinflated devalued US currency.
Shit is predicted to come.
Gold, silver, argicultural land, pork, beef, lithium, anything that can't be devalued by simply duplicating it by pressing "print".
If you don't get your sound finanical advice from a video-game forum, where else can you get it?  One year ago it was posted here to start buying precious metals, and you would have at least doubled your money, if not tripled it, had you bought in then... but it's still not too late. The US money press is still stuck on "print", so the value of these commidities will continue to go up in the near term (true, compareed to the dollar).
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Re: twisty told you on Oct. 5 to buy silver
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One year ago it was posted here to start buying precious metals, and you would have at least doubled your money, if not tripled it, had you bought in then... but it's still not too late. The US money press is still stuck on "print", so the value of these commidities will continue to go up in the near term (true, compareed to the dollar).
What about Conky
