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04-21-2025, 02:13 PM
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#91
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Quote:
Originally Posted by 1#Ratt
There's still a lot of time for inflation to kick in. so there is nothing to admit being wrong too yet.
I didn't admit the changed the definition
I said I'll give you credit that there were 2 quarters of decline. (btw, they revised) You obviously didn't read the articles I linked, or you just ignore them, as usual, because they went against what you want to believe (we all know, false news, or a conspiracy, or whatever you use to justify never considering anything except what you want to hear).
As for speaking for myself, I don't come on here unless, I don't have anything better to do. unlike yourself, so don't expect a response. in any timely manner
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Of course they were revised. To help Biden….. DUH. And I don’t care if you respond or not.
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Quote
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04-21-2025, 02:15 PM
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#92
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Quote:
Originally Posted by nomad1000!
Quickly weakening dollar plus a prez that wants to fire fed reserve because he won’t throw the match on the impending explosion if he lowers rates on top of weakening dollar. Plenty of countries have tried this and ended up like the Mexican peso back a couple decades or lira, list goes on. Economists, business oriented people w a biz IQ of 50 realize this is a disaster waiting to happen. W Trump single handedly trying to destroy the dollars world currency designation (the biggest advantage we have as a country), the world can’t buy gold and silver fast enough, sorta surprised Bitcoin hasn’t had a lift as well but gold and silver? It’s the way to protect buying power in case trump gets his way.
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All the more reason to buy physical gold and silver. The BRICS countries are leaving the Dollar no matter what Trump does. They know it’s worthless and being printed to infinity.
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04-21-2025, 04:26 PM
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#93
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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The US dollar has lost over 40% of its purchasing power compared to gold in the 1 year…
This should be the biggest story in the world, yet it is not.
This tells you everything.
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04-23-2025, 05:57 AM
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#94
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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“When I say "Gold is money" or "Silver is money", I do not mean "Gold was money" or "Silver was money".
I mean is. Now.
When money derivatives, chiefly the dollar, can no longer be converted back into money, they cease to be money derivatives, and lose all purchasing power.“
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04-23-2025, 03:35 PM
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#95
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Quote
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06-07-2025, 07:39 AM
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#96
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Silver closed at 36.22 yesterday. It’s on its way.
Silver is in great demand as a High-Tech Metal:
Uses:Solar, EV, Batteries, Flatscreens, Electronics, Photography, AI, Space, Military, Medical…
There’s a limited silver supply; even a 5 year deficit!
Silver is also a monetary metal and it is still extremely undervalued.
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06-13-2025, 10:52 PM
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#97
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Lifetime Premium Access
Join Date: Aug 14, 2021
Location: USA
Posts: 462
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Silver and gold have done well. If you had pltr in your portfolio you did even better. Be well diversified. Don’t sit on one asset
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06-27-2025, 04:19 PM
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#98
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Interesting video. Talks about what’s coming for the criminal bankers and the price suppression of silver
https://clicks.aweber.com/y/ct/?l=LU...bhP8kcMRmwWQcQ
If you have some worthless fiat dollars sitting around trade them in for silver. Silver closed at $36.26 today. Still cheap.
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06-29-2025, 09:22 AM
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#99
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Four consecutive years, 678 million ounces of silver deficit.
That's ten months of global mine production just... gone.
Yet silver trades like there's infinite supply.
The math doesn't lie, but the price does.
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