View Full Version : What if you woke up tomorrow and
El Camexican
11-09-2016, 11:47 AM
... were told that all denominations of cash in your possession in excess of a five dollar bill had been demonititzed and that you had six weeks to report to a bank and provide official identification and fillout a form explaining where your cash came from in order to exchange your $10 and larger denominations for new bills or use it for toilet paper?
That actually happened in India today and I suspect other countries will be taking a hard look at doing the same thing soon. It's a perfect way to get all counterforce cash off the street, halt all illicit trade and wipe out the stash of every under the table business in the country.
It's also a down your throat fast path to a cashless society. Now not only does "Uncle Gandhi" know how much everybody has, he'll know what they are spending it on.
You know how people are always saying "it's just paper"? Well it is and it's only worth what someone will give you for it. I just saw a government make it worth nothing in less than three hours. Cash is now trash in India, ponder that the next time you sell a used bike and have a few grand in your sock drawer waiting for a rainy day.
3 Wheel Drive
11-09-2016, 01:29 PM
There all getting RFID implants, its part of the New World Order.
http://m.disclose.tv/news/nbc_news_all_americans_will_receive_a_microchip_im plant_in_2017/115801
fabiodriven
11-09-2016, 01:45 PM
Don't even worry about it! Everything is OK, nothing to see here! Everyone can enjoy it when it arrives because nobody is doing anything to fight for their rights!
I will never, ever be chipped, and you can bet on that! I will fight alone if I have to because that's who's got my back so far! Remember all that time you all spent on this election, donating all of your energy to the ones who enslave you! Remember that when things get crazy! Maybe you can watch them exterminate me on your idiot box as I'm fighting for you!
83ATC185
11-09-2016, 05:31 PM
I don't know how long they will fight you for not getting chipped but I'm prepared to find out. Being chipped would be giving up your life.
No doubt we are on our way to that type of system eventually. It's almost too easy. Try finding a locally owned store these days that will break a hundy...a lot of gas stations around here wont take anything bigger than a 20.
People ignore the very thing that makes our money, money. In lieu of a plastic card linked to an imaginary number. Cash is seen more of an inconvenience. Our money is seen as an "inconvience" It's the financial collapse we've all been waiting for.
El Camexican
11-09-2016, 06:37 PM
Relax, it's going to take a long time for everybody to get implanted under the Trump presidency. And it's going to be guys last anyway because he's announced that all the implants are going to be inserted vaginally by none other than him, so going to be a while before they get around to shoving them up your azzes.
Seriously, stay armed.
knappyfeet
11-09-2016, 07:04 PM
I will never, ever be chipped, and you can bet on that!
Your already chipped..........
It's called a smartphone and google.
Gold and silver. Don't laugh.......it's made a lot of folks plenty money over the last 8 years
fabiodriven
11-09-2016, 07:11 PM
No no no no no... I can throw my cell phone in the closest catch basin and never use Google again if I choose. Very different than something implanted in your body.
Gold and silver you are correct about.
3 Wheel Drive
11-09-2016, 07:37 PM
Its interesting to see how things turn out in India. I dont know if they will really go ahead with implants there. However if you read about globalization and anything related to the NWO, the wealthy elite (upper foodchain) seem to have plans for the world economy.
http://www.globalistagenda.org/
Most of the world currency is backed by the Almighty US Dollar, so were good right?
Scootertrash
11-09-2016, 10:01 PM
There all getting RFID implants, its part of the New World Order.
http://m.disclose.tv/news/nbc_news_all_americans_will_receive_a_microchip_im plant_in_2017/115801
Doesn't matter what the media tries to tell you. It's all bullsh!t. Learn to swim.
Scootertrash
11-09-2016, 10:16 PM
Don't even worry about it! Everything is OK, nothing to see here! Everyone can enjoy it when it arrives because nobody is doing anything to fight for their rights!
I will never, ever be chipped, and you can bet on that! I will fight alone if I have to because that's who's got my back so far! Remember all that time you all spent on this election, donating all of your energy to the ones who enslave you! Remember that when things get crazy! Maybe you can watch them exterminate me on your idiot box as I'm fighting for you!
I thought you ignored media driven information? There will never be chips. It's all an Elitist plan to expose citizens who subscribe to fringe beliefs about the "Government" and "NWO control". They want to see how ridiculous they can get with these theories and see how many will fall in line with their beliefs. Just more Elitist/Government control of the Masses. Hell, next thing you know someone will suggest that aliens are going to come to Earth and give us the secret to "Free Energy" and we will all live in Peace and Harmony, everyone will be equal, and everything will be fair.
https://www.youtube.com/watch?v=kjxSCAalsBE
fabiodriven
11-09-2016, 10:49 PM
You're free to believe what you choose my dear Scooter, just as I. What I know is I live for the truth and have always had the knack to spot a lie. What I believe in is all fact based and backed by science, which you choose to ignore in favor of what you're told to believe.
I can assure you we have the exact same view, just from the opposite ends of the spectrum. It is just as amusing to me that you believe everything you've been told as it is to you that I believe what I do. I find it just as amusing that you would actually believe in our government and you honestly think there is no plan for a new world order. It's just as funny to me that you actually took time from your day to go have your "choice" as to who should be running this country. Do you vote for people on American Idol as well? That's another popular TV show.
What I believe in is the truth, how things really are, and how things truly work. These are things that you cannot see because you choose not to. I know very well your side of the spectrum, I was there. I was brought up in the same manner in which you were and taught the same things in school. I watched the same things you have on TV (albeit a couple decades off) and have lived under the same government as you have, then my penchant for honesty grew into a very strong disdain for lies. I crave factual information which allows me to immediately dismiss things that cannot be proven or are just BS. When these people and this system that you hold so dear is based on greed, power, and lies, I cannot have any passion for it whatsoever, nor can I lend it any credence. I'm allergic to lies, as I said.
It's not hocus-pocus or hearsay that our government is owned by banks. If you disagree with that you're disagreeing with facts. That's very well known. There are very, very ill willed people out there who stand to gain personally on levels that you and I cannot even imagine, and when the stakes are that high compassion for your fellow man can wane quickly.
I am experienced in this realm where you choose to dwell under a false umbrella of how this country and planet are really run. Where you and I differ is I chose to educate myself on factual information only and look at things from a different angle. I did not do that with the intent of searching for reasons to disregard the current system, but rather to educate myself from more than one angle and then make an educated decision. I refuse to believe in a system based on lies. Your precious presidential election looks like a bad argument between Mickey and myself. It's a goddam disgrace to this country. Our choices are Donald Trump and Hillary Clinton? And you're accusing me of believing laughable subjects? You seriously think it's not absolutely ludicrous they have forced upon us these two people? You honestly think they're not laughing at YOU as you trudged into the voter's booth having to choose between those two? Do you honestly believe that in a country of MILLIONS of people that those two are the only two choices we could come up with? And you're laughing at me?!
Yes, I believe in extra terrestrial beings. Guess what grampa? There's far, far more scientific evidence that extra terrestrial beings do exist than there is that anything in bible ever happened. I like facts and science, did I mention that? There is a plethora of overwhelming photographic and video evidence proving the existence of UFO's and literally countless eye witness accounts, a huge amount of them from very credible people from all walks of life. I personally have seen UFO's, and I know my word is gold. I have seen them with my own two eyes.
Scooter are you aware that speaking from a scientific standpoint it's actually mathematically MORE LIKELY that there are other life forms in this galaxy than it is we're alone? FAR more likely!
But you disagree with that. You disagree with science and math, which is fine. But from where I stand it comes off as quite ignorant. Why don't you do yourself a favor and educate yourself a little bit on the subject before you embarrass yourself any further?
knappyfeet
11-09-2016, 11:01 PM
I can throw my cell phone in the closest catch basin and never use Google again if I choose.
I hear ya.
It reminds me of the movie Minority Report.........where optical sensors tracked people's movments, identity and buying habits. No chips.......just walking down the street.
Info from an implanted chip? Garbage compared to 10 Google searches and your phone left on for at least 5 days. More info on predictabilty, behavioral, and habit algorithms than any implanted chip could ever dream of doing...........and we do it willingly because we want to order a pizza.
El Camexican
11-09-2016, 11:36 PM
We can't eat gold or can't carry large amounts of it around without being detected. Unless you're living on high ground with some sort of 24 seven armed protection around you you're really not safe from anything resembling a fallen government.
And as long as there is a functioning government with drones, satellites infra red and all the other bells and whistles they've gotten us to pay for over the years there's not a damn thing we can do to resist their will in the long run. That is with one exception, a tax revolt before it gets to the stage where you're digging in and preparing for a Civil War, but of course that's not gonna happen because as Knappy says we says, we all love pizza and the Internet.
Welcome to the new world order. Now let's all STFU and go pay our taxes with fake paper currencies.
236735
El Camexican
11-10-2016, 05:48 AM
Most of the world currency is backed by the Almighty US Dollar, so were good right?
Absolutely! In fact I predict your drab colorless cash will be worth more than everyone else's for at least 60 seconds when the bottom drops and the governments of the world do an electronic reset on all our assets.
It will also be the currency of choice for azz wiping one day as all the other bright colored currencies of the world will leave a stain, so no worries, sleep well ;)
El Camexican
11-10-2016, 05:50 AM
What if you woke up tomorrow and she say to you .......i drop my load in you .........you drop your load on dee fluer ! :Bounce:eek::Bounce:eek::Bounce:eek::Bounce:eek: ......... this is what scooter hates .....his party won but he`s not happy ......he wanted uptight , conservative ......but this is what he got .......you need to grab them by the ying-yang scooter .....it`s the only way to be sure !
Yep, he's right
https://www.youtube.com/watch?v=6fzrE8lGJds
sledcrazyinCT
11-10-2016, 09:43 AM
It may take years for chips being implanted in all Americans......tell you who will be chipped first, Veterans, welfare recipients and new born children. The VA wanted to deny benefits to all veterans unless they agreed to a full panel of vaccinations. The people who rely on govt the most will be the first ones chipped
The dumb asses that voted in Obamacare wants everyone chipped so that your medical info and bank accounts are all accessible.....so when you are on the gurney pay up or die may be the last words you hear.....
3 Wheel Drive
11-10-2016, 10:42 AM
I guess if we all woke up and found out our cash is worthless, the government response to all of us would be.......
Learn To Swim
Scootertrash
11-12-2016, 04:28 PM
You're free to believe what you choose my dear Scooter, just as I. What I know is I live for the truth and have always had the knack to spot a lie. What I believe in is all fact based and backed by science, which you choose to ignore in favor of what you're told to believe.
I can assure you we have the exact same view, just from the opposite ends of the spectrum. It is just as amusing to me that you believe everything you've been told as it is to you that I believe what I do. I find it just as amusing that you would actually believe in our government and you honestly think there is no plan for a new world order. It's just as funny to me that you actually took time from your day to go have your "choice" as to who should be running this country. Do you vote for people on American Idol as well? That's another popular TV show.
What I believe in is the truth, how things really are, and how things truly work. These are things that you cannot see because you choose not to. I know very well your side of the spectrum, I was there. I was brought up in the same manner in which you were and taught the same things in school. I watched the same things you have on TV (albeit a couple decades off) and have lived under the same government as you have, then my penchant for honesty grew into a very strong disdain for lies. I crave factual information which allows me to immediately dismiss things that cannot be proven or are just BS. When these people and this system that you hold so dear is based on greed, power, and lies, I cannot have any passion for it whatsoever, nor can I lend it any credence. I'm allergic to lies, as I said.
It's not hocus-pocus or hearsay that our government is owned by banks. If you disagree with that you're disagreeing with facts. That's very well known. There are very, very ill willed people out there who stand to gain personally on levels that you and I cannot even imagine, and when the stakes are that high compassion for your fellow man can wane quickly.
I am experienced in this realm where you choose to dwell under a false umbrella of how this country and planet are really run. Where you and I differ is I chose to educate myself on factual information only and look at things from a different angle. I did not do that with the intent of searching for reasons to disregard the current system, but rather to educate myself from more than one angle and then make an educated decision. I refuse to believe in a system based on lies. Your precious presidential election looks like a bad argument between Mickey and myself. It's a goddam disgrace to this country. Our choices are Donald Trump and Hillary Clinton? And you're accusing me of believing laughable subjects? You seriously think it's not absolutely ludicrous they have forced upon us these two people? You honestly think they're not laughing at YOU as you trudged into the voter's booth having to choose between those two? Do you honestly believe that in a country of MILLIONS of people that those two are the only two choices we could come up with? And you're laughing at me?!
Yes, I believe in extra terrestrial beings. Guess what grampa? There's far, far more scientific evidence that extra terrestrial beings do exist than there is that anything in bible ever happened. I like facts and science, did I mention that? There is a plethora of overwhelming photographic and video evidence proving the existence of UFO's and literally countless eye witness accounts, a huge amount of them from very credible people from all walks of life. I personally have seen UFO's, and I know my word is gold. I have seen them with my own two eyes.
Scooter are you aware that speaking from a scientific standpoint it's actually mathematically MORE LIKELY that there are other life forms in this galaxy than it is we're alone? FAR more likely!
But you disagree with that. You disagree with science and math, which is fine. But from where I stand it comes off as quite ignorant. Why don't you do yourself a favor and educate yourself a little bit on the subject before you embarrass yourself any further?
I never knew a few lines of sarcasm could cause sand to be thrown waist high.
Nice post full of nothing but assumptions. Your "abilities to see things others can't" must be on the fritz, either that or you have some Pampers on your head, cuz your self-professed visionary abilities can't see sh!t.
Nowhere in my post did I say anything about agreeing or disagreeing with anyone or anything, nor did I allude to anything I may believe or disbelieve.
I've been observing this political feces festival one hell of a lot longer than you, and if you've convinced yourself that somehow I'm not fully aware of what's going on, then from where I stand THAT comes off as quite ignorant. Why don't YOU do YOURSELF a favor and refrain from making emotionally inspired, broad-based assumptions before YOU embarrass YOURSELF any further.
What if you woke up tomorrow and she say to you .......i drop my load in you .........you drop your load on dee fluer ! :Bounce:eek::Bounce:eek::Bounce:eek::Bounce:eek: ......... this is what scooter hates .....his party won but he`s not happy ......he wanted uptight , conservative ......but this is what he got .......you need to grab them by the ying-yang scooter .....it`s the only way to be sure !
I'd ask you WTF you're talking about, but even you don't know the answer to that. Even if you did when you posted it, you forgot it in a matter of seconds. :rolleyes:
For both of the quoted posts:
236801
Ignorance is not a point of view.
fabiodriven
11-12-2016, 08:26 PM
I thought you ignored media driven information? There will never be chips. It's all an Elitist plan to expose citizens who subscribe to fringe beliefs about the "Government" and "NWO control". They want to see how ridiculous they can get with these theories and see how many will fall in line with their beliefs. Just more Elitist/Government control of the Masses. Hell, next thing you know someone will suggest that aliens are going to come to Earth and give us the secret to "Free Energy" and we will all live in Peace and Harmony, everyone will be equal, and everything will be fair.
https://www.youtube.com/watch?v=kjxSCAalsBE
This was a direct swipe at me. What you got was a reply.
You're dismissing my issues with the government and my beliefs about a New World Order which is basically disagreeing, which you're free to do, but don't ever expect to take a swipe at me without getting a reply.
I know what you're referencing when you mockingly suggest that it's impossible for free energy to exist, and for people to live in harmony. You're mocking more of my beliefs. The first step is an idea, nothing can happen without that. I prefer to believe a future of free energy and relative harmony amongst humanity is feasible. The fact that you mock that idea is proof of your programming. If everyone believes something is impossible, then it is.
3 Wheel Drive
11-12-2016, 11:57 PM
Rolls of quarters and half dollars will be the way of the future. Ballers will make it rain with 1 oz silver & gold coins!
https://youtu.be/-0kcet4aPpQ
El Camexican
11-13-2016, 05:12 AM
236801
The whole alien anal probing thing has always perplexed me. After much deliberation I'm pretty sure it is performed in a quest to locate our brains.
Scootertrash
11-13-2016, 02:32 PM
This was a direct swipe at me. What you got was a reply.
You're dismissing my issues with the government and my beliefs about a New World Order which is basically disagreeing, which you're free to do, but don't ever expect to take a swipe at me without getting a reply.
I know what you're referencing when you mockingly suggest that it's impossible for free energy to exist, and for people to live in harmony. You're mocking more of my beliefs. The first step is an idea, nothing can happen without that. I prefer to believe a future of free energy and relative harmony amongst humanity is feasible. The fact that you mock that idea is proof of your programming. If everyone believes something is impossible, then it is.
I'm not mocking your beliefs anymore than you're mocking others.
I never suggested anything was impossible.
You've completely missed the point of my post. Some of us have heard it all before. Power to the people! Flower Power! Make Love Not War! Don't be a slave to the Man. Blah, blah, blah.
Same sh!t different Decade.
Guess what? Those same protestors that were chanting those phrases? They're now "The Man". Bill Clinton, Hillary Rodham Clinton, John Kerry and many others. As far as I'm concerned the next Revolutionaries/Anarchists/Community Organizers will do the same: promise people free sh!t, promise to bring the rich elitists to their knees, promise, promise, promise until they've convinced the new sheep that all they need to do is put them in charge and everything will be taken care of. Rinse-repeat. Programming indeed.
Why do you bring religion into it? I never said a thing about religion.
fabiodriven
11-13-2016, 02:37 PM
Well if that's the case I thoroughly apologize Scooter for misunderstanding you. Carry on sir.
Scootertrash
11-13-2016, 02:38 PM
The whole alien anal probing thing has always perplexed me. After much deliberation I'm pretty sure it is performed in a quest to locate our brains.
It's a combination of Homo-erotic fantasies coupled with repressed Homosexual urges. Gayliens.
Aliens or Politicians? I really don't think it matters, it appears that either way citizens will be taking it up the arse.
tripledog
11-13-2016, 09:40 PM
Make America Grope again.
3 Wheel Drive
11-13-2016, 10:15 PM
Trump told Obama hes putting himself on the new $100.00 bills. See his reaction below:
236840
Scootertrash
11-13-2016, 10:30 PM
I got tits.......you want to milk me ? You`re sobriety bore`s the livin fack out of me ? ........ you can`t stand Trump .......you wanted an uptight conservative like you with a corn cob up your arse ! .....but you didn't get it ....do you understand ? Make America great again .....grab them by the snatch .....oh yeah i believe this this Gov. has been hiding Aliens and Alien technology since at least 1942 probably longer .....and if the band your in starts playing different tunes .....i`ll see you on the dark side of the Moon . :crazy::crazy::crazy::crazy::crazy::crazy:ha ha ha ha
You really are a friggin idiot, aren't you? Where the hell do you come up with this sh!t?
Did you fall down without your helmet on again?
236841
Scootertrash
11-13-2016, 10:32 PM
Make America Grope again.
I gotta give ya a hand for that one!
tripledog
11-13-2016, 11:26 PM
Orange is the new black.
El Camexican
11-14-2016, 06:01 AM
This is what a line of 2,000 people waiting (hoping) to withdraw, or exchange the equivalent of $30USD in Rupees looks like.
236847
This is what $200 USD looks like in the remaining legal currency.
236846
This what a third world country with a (formerly?) corrupt government looks like. Open sewer on the left.
236849
the background checks to purchase ammo passed in Ca. .......namby pamby land !!!
wow I cant imagine going to buy ammo and having to wait 30 minutes each time... WTF? Is there any limits on how much you can buy at once?
I bet a lot of people will be going to another state to buy ammo or get it from friends who are in another state.
What are the law makers thinking? Id love to see them pass a similar law on something these lawmakers like.
ironchop
11-14-2016, 01:13 PM
This has been in the works in India for awhile. It's because their monetary system is about to collapse like so many others poised to do the same. It'd not about 'counterfeiting' at all. It's about a currency collapse.
A year or two ago, India was passing crazy laws designed to get Indians to give up all the gold they've been hoarding. They even offered to 'store it safely for you' in exchange for 'certificates' and other currencies. Yeah like I'd give up physical gold for a certificate. The program went belly up, of course. It was all about removing gold as a threat to Fiat currency.
Dirtcrasher
11-14-2016, 04:57 PM
My mom always worries about this.
Where can she buy gold or silver from safely??
She asked me but I never looked into it.....
3 Wheel Drive
11-14-2016, 05:12 PM
You can find rare coin shops everywhere, typically your going to pay "spot" price plus a small premium in stores.
You can buy online for a little cheaper but I like walking out the door with my goods. Besides buying online allows big brother to keep tabs on you. ;)
El Camexican
11-15-2016, 11:23 AM
In my best recently State licensed NYC cabbie voice...
Relax my friend, sit back and suck the hose. Have some lentil soup and a shot of rum and soon the sight ands smells of Shitcacastan will be a distant memory of another life.
236977
knappyfeet
11-15-2016, 11:27 AM
My mom always worries about this.
Where can she buy gold or silver from safely??
She asked me but I never looked into it.....
You can purchase them straight from the US Mint. They also have a bullion seller locator on their site.
Most have a monetary face value and are legal currency.
3 Wheel Drive
11-15-2016, 01:22 PM
You can purchase them straight from the US Mint. They also have a bullion seller locator on their site.
Most have a monetary face value and are legal currency.
There are several options when buying bullion, most common are 1 oz rounds (coins). The US Silver Eagle is probably the most expensive.
Other countries mint 1 oz silver & gold coins, there are also private mints which are less expensive which are still .9999% purity. 1 oz bars are also an option which carry a smaller over spot price.
You can purchase smaller than 1oz coins but they generally come with a higer premium.
**Stay away from Chinese 1oz gold coins**
China uses less grams than the rest of the world in minting their coins. 1 Troy OZ = 31 grams. And they are asking the same price as a US Gold Eagle.
El Camexican
11-15-2016, 10:16 PM
When you buy from the mint do they ask for your name or any other data?
Scootertrash
11-15-2016, 11:21 PM
Here's a post from a thread on another forum, from a guy who is supposed to know his sh!t about PMs (Precious Metals).
It's an 80 page thread where members have asked questions and he has posted answers.
I don't know the guy, don't care if you like his info, don't care if you don't. If you want to claim to be a PM expert then let's see you dispute his info with facts. If you want the link to the complete thread so you can see the questions and answers, let me know and I'll pm it to you or post it here
A few people have emailed me and asked me to make this a thread all of it's own, so here it goes.
(and all of this goes for gold as well):
Most of what you know or hear about silver is wrong. It's not an investment, people aren't going to be trading with it after the zombie apocalypse, and it isn't going to make you fabulously wealthy. What it will do, however, is preserve any wealth you have accumulated in the event of a financial emergency.
Most people have no idea what silver is apart from jewelry, and they have no idea what it is worth (gold either). there are tons of videos online (Google Mark Dice) of people trying to buy a taco, a donut, etc. with an ounce of gold or silver and being refused. people don't know what it is. For that reason, nobody is going to be accepting Mercury Dimes for food after a financial collapse. Better to barter with batteries, ammo, etc.
The urban legend that people are going to trade with silver comes mostly from coin dealer hucksters and alarmist websites. 99/100 people have no idea what it is and aren't going to trade you anything for it.
Additionally, silver is not an investment. Investments pay dividends and grow. Silver does not pay dividends or grow, it sits in a shoe box in your closet and is generally unexciting. For this reason, financial advisors loathe it. They get a paid a commission on it once, at point of sale. They can't have a meeting with you to re-organize your portfolio (get commissions), they can't move you in or out of this or that fund (get commissions), etc. This is why it is never the time to buy precious metals on CNBC or Fox Business. If you need growth or dividends, do what the financial advisors tell you and buy real investments, don't spend money on something that sits in a shoebox in your closet.
Silver, historically speaking, isn't going to make you fabulously wealthy either. If you need to do that, invent something, buy Iraqi Dinar (kidding), or start a business.
Silver will, at most, fluctuate in value against whatever the reserve currency of the world is (currently dollars). It's price up and down can generally (not always see the Hunt Brothers) be tracked against the USDX.
So then, why would you buy something that no one recognizes, isn't an investment in terms of generating revenue, and isn't going to rapidly appreciate in value and make you rich? Preservation of wealth.
Sooner or later all currencies crash. If you want to argue this point with me, that's fine, but all of recorded history is on my side. Anyway, what happens when the currency finally dies out and a new system gets transitioned in? Answer: anyone holding their wealth in the dying medium is immediately wiped out and becomes instantly poor. Your whole life savings disappear and you become a pauper.
So, the answer is to take some of your wealth (not the part you need for investments) and store it in a medium outside of the system that is impervious to being manipulated by bankers and politicians. That would be precious metals. Earlier I mentioned that 99/100 people don't know what silver even is. Who is the other 1 person? People like myself (a small percentage of the group) and BANKERS. When a currency collapses and a new system is set up, who sets it up? BANKERS. Who is preserving their wealth outside of the system in silver, manipulates markets so they can buy more silver, and holds it on their books as the ultimate collateral? BANKERS.
I'm not an alarmist. A financial collapse of the system may not happen for another 200, 100 or 50 years, I don't know. But, I know it will happen. When it does, I want part of my wealth to be stored in the same medium that BANKERS recognize and will accept for trade in parity of new currency.
If I have a $100 bill now, that will be worthless in the new currency. But, odds are, if instead have 5 ounces of silver, it will be the same in the new currency. My purchasing power will be preserved. 1,000 ounces of silver in terms of the old green paper bill wealth will be worth the same in the new purple or orange paper bill wealth.This is why I call it money insurance. Insurance makes you whole against property losses. Silver or gold makes you whole against currency losses. It's that simple. You have insurance on your house, boat, car, etc. why not your life savings?
So, what kind of silver should you buy? Having been in the business on the side for 25+ years, I have some suggestions.
1) Generic bullion. It's cheap, banks and coin shop recognize hallmarks such as Engelhardt, Silver Towne, JM, etc. You'll never have a problem selling it. Never.
2) Stay out of coins unless you consider numismatics a hobby. In the 80s, no one cared if you had a 1868 Morgan-O or a Valentine's Day one ounce bar, it was all going in to the melt pot at the same price.
You'll often hear that "coins are recognizable to the public and you can trade with them." This is generally a line used by people such as
myself to sell you coins with a numismatic premium tacked on. See 99/100 don't know what a silver coin is above for reinforcement of this. If you can buy coins at near or the same price as generic, go for it, but don't be deluded that a Silver American Eagle is going to be worth A LOT more than a marajuana round when it's time to liquidate.
It's not, I know, I wiped people out of thousands of dollars when silver hit $50 and they wanted to sell thei graded SAE collections. Do I feel bad about this? No, because I constantly tell people don't buy coins unless you are a collector. I am going to murder you come sale time if you hold coins. People never listen though, they always listen to the guy in General Discussion who has a 75 ounce collection and "who knows a lot."
Coins are also being faked REALLY WELL these days. You can find fakes on Ali Babba that look exactly like real coins and can't be detected otherwise unless you own a Fisch (coin tool) or an XRF machine.
3) Buy in small denominations. 10 ounce bar or rounds or smaller. DO NOT buy 100 ounce bars. Banks and dealers hate 100 ounce bars. They can be salted and they are hard to move. if you come to me with a 100 ounce bar worth $2,000 at spot, I will offer you $1,700 for it. And you will take it, because that's what all of the other banks and dealers will offer you as well. Stay away.
Okay, so you get all this and think you're ready to buy. Wait, because you probably aren't.
Are you comfortable spending $1,000 on something on Monday that by Tuesday afternoon is only worth $700? Then by Wednesday it's down to $500? Most people aren't.
If you get the part I told you about it being money insurance, then this scenario won't scare you. Go fo it, buy today. However, if this scenario does scare you, then you probably still haven't got what I'm talking about. You are still thinking of silver in terms of dollars and it being an investment.
You need to get to the point where you'd spend $1,000 on it and have it worth $10, and you'd still be excited to own it (because it's insurance against you being poor). If you buy silver, you really need to be comfortable in it not really being "worth" anything other than an ounce of some protons, neutrons and electrons arranged in a specific pattern.
I'm now going to be brutally honest with everyone. The silver and gold industry is fraught with frauds. Goldline, Lear Financial, all of them are designed to sell you coins at premium and separate you from your money. The free reports all tell you about investment potential, end of the world "The Road" type scenarios, etc. It's all bullshit.
Buy some generic stuff from Apmex or the local coin shop, and put it in a shoebox in your closet. Never sell it. Don't worry about what it is worth. Indeed, stop thinking of it being worth anything. It's an insurance contract, nothing more.
Any specific questions, post them here and i will answer them, i hope this helps. Lastly, the main argument people are going to have with what I posted is coins. People have been told all of their lives that coins are the way to go. That is because coins are the finanical advisor equivalent of commission in the metals world (you only get a commission once with metals, so MAKE IT HIGH). Pre 1964 junk is okay, but stay away from SAEs and slabbed stuff unless you are in to collecting. Also, stay away from any foreign coins with old guys with beards on them (they mostly all contain "weird" amounts of silver/gold, dealers will screw you come sell time because it's hard to measure silver amounts unless you have round lots).
knappyfeet
11-15-2016, 11:56 PM
Post up the link here.
I couldn't agree more with the exception of a couple things.
SAE , graded stuff and larger valued stuff....100 ounce silver stuff and 1 ounce gold coins are all not ideal and could loose a person $$.
However....I have made money on the fluctuations in price....easily.
3 Wheel Drive
11-16-2016, 12:04 AM
Theres a few people in India who would rather have a shoebox full of silver coins instead of their worthless rupees.
knappyfeet
11-16-2016, 12:16 AM
The real thing I disagree with is this statement.........
'Buy some generic stuff from Apmex or the local coin shop, and put it in a shoebox in your closet. Never sell it. Don't worry about what it is worth. Indeed, stop thinking of it being worth anything. It's an insurance contract, nothing more."
As with any investment.....it's prudent to keep abreast of any asset and the value of such and it's trend. Insurance policy yes.........investment yes as well. The ladder is far more prevalent as a collapse and zombies and India and a meteor are all far fetched longshots. Buying PM in large quantities now....not recommended. As soon as interest rates go up, 1, 2 or 3 or more points.....gold prices will fall steadily.
El Camexican
11-16-2016, 12:33 AM
The real thing I disagree with is this statement.........
'Buy some generic stuff from Apmex or the local coin shop, and put it in a shoebox in your closet. Never sell it. Don't worry about what it is worth. Indeed, stop thinking of it being worth anything. It's an insurance contract, nothing more."
As with any investment.....it's prudent to keep abreast of any asset and the value of such and it's trend. Insurance policy yes.........investment yes as well. The ladder is far more prevalent as a collapse and zombies and India and a meteor are all far fetched longshots. Buying PM in large quantities now....not recommended. As soon as interest rates go up, 1, 2 or 3 or more points.....gold prices will fall steadily.
That's the thing, it's not an investment. It's insurance. Who cares what it's worth today unless you're buying? It's all about what it will be worth when the paper turns to butt floss.
I've collected coins since childhood and thanks to grandma I've even got a few that are worth something. Now I collect them in pure sliver as much as possible due to my geographical situation. I can't cross a border with more than $10K in paper without a lot of explaining, but if I have Canadian coins with a face value of less than 10K who can argue the "true" value and the origin if I travel North with them?
knappyfeet
11-16-2016, 01:02 AM
That's the thing, it's not an investment. It's insurance. Who cares what it's worth today unless you're buying?
It's both and in my opinion......a little more investment than insurance policy if managed well.
Let's be clear......a zombie apocalypse and a run on the banks like "crapping in the street" India is a massive long shot in Ustados Unidos. What it mainly is is a storage of value.....an insurance policy that can be bought and traded and sold for profit and opportunity.
Putting it in a shoe box....under the bed and forgetting about it and not monitoring the value of it are words from the mouth of a PM dealer. They make their living buying low and selling high and marketing the "insurance policy" factor. Don't get me wrong.......it is a hedge against inflation but its also so much more.
El Camexican
11-16-2016, 01:50 PM
I can't argue with you about the investment aspect, but the way I see it you need to be willing to sell it when you thought it was high and buy back when you thought it was low, like you might as stock. Too much work for me, I prefer to just hold onto it and wait for the end LOL!
I would like to get my hands on a bit of gold, but I'm not really sure how to go about it. I absolutely refuse to buy it if I have to leave any sort of ID. It would have to be cash and carry.
3 Wheel Drive
11-16-2016, 06:20 PM
You just walk into any rare coin shop and pay cash for gold, and walk out. Some places ask you to sign the recipt but they dont care if its your name or not.
You can always use Milners name if you want. :lol:
knappyfeet
11-16-2016, 10:57 PM
I would like to get my hands on a bit of gold, but I'm not really sure how to go about it. I absolutely refuse to buy it if I have to leave any sort of ID. It would have to be cash and carry.
Reputable online dealers usually offer great "over spot" prices. They don't require a photo ID but they get everything short of that........bank info, shipping address, name, etc.
Swap meets are good but buyer beware.......take a jewelers loop and a scale and a surface silver tester.......if your on the lookout for gold or silver. I once purchased 130 Mexican 8 Reales coins from a kid for $100. Various years.......They felt right, smelled right and looked right but I was in no way sure so I simply took the gamble. Took them home and inspected and weighed them and walaa........real 8 Reales. Kept about 40 and sold the rest for over $3000 on ebay. They have a more numismatic value over the silver but you get the idea. Now those same coins are on a up swing and might hit a little more today.
Good investment and insurance as well
Caminofeld
11-16-2016, 11:06 PM
What if you woke up tomorrow and she say to you .......i drop my load in you .........you drop your load on dee fluer !
https://www.youtube.com/watch?v=iE6y2ZH7F98
Sorry, had to do it:)
Caminofeld
11-16-2016, 11:09 PM
I personally have seen UFO's, and I know my word is gold. I have seen them with my own three eyes. [/QUOTE]
I'll tell you mine if you tell me yours...
Scootertrash
11-19-2016, 01:53 PM
OOOOOhhhhhhhhhhhhhhh......... YYYYYYYYYYeah ........droppin feckin peanut loads all over your 3 eyed facking glases MOSH ! ........ where`s Mosh with this cotton pickin porno ?????? ...... Oh you want to play huh ? ...........i`ll play with you .....gonna play hard too .........WHACK!!!.....DOAHHHHH ! ......remember that from the Stern show Camino ? .......a little torture porn sound bites ......i hate Sirius !!
237096
:Bounce:Bounce:Bounce:Bounce:wondering:postwhore:r olleyes::rolleyes::pics::pics::crazy::crazy::Bounc e:Bounce
fabiodriven
11-23-2016, 08:58 AM
WHACK!!!.....DOAHHHHH !!
I know the exact sound bite you're referencing! The guy with the ball gag in! Hahaha, one of my favorites!!
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