Get Ready for SILVER

[Spectrism]

Mike Maloney is a smart, even-tempered professional with good advice. He always makes things seem simple. Silver has a record short position now and he nailed its likelihood to drop. If you have been thinking about buying, let it drop a bit. The only problem is that it takes some time at lower prices before the physical costs begin to drop.


https://www.youtube.com/watch?v=7s90RoSzfRc

[mamboni]

Long term silver is the shizzle. But short term I think a big price drop is likely. Markets are in bubbles and there are signs that TPTB are starting the stepwise process of controlled demolition of the financial system. Stock markets could drop very fast if the FED starts tightening. In the absolute, even today's silver price is a long term buy and hold. But in a market implosion and credit/liquidity freeze up, silver could go well below $14. Whether you'll be able to get real physical at those prices is a whole 'nother question.

Ever since the boating accident, I've tried not to think about silver.:p

[madfranks]

Agreed with mamboni's sentiments. I think we learned in the crash of 2008-09, gold and silver will go down with the rest as cash becomes king. I know some of us predicted when the stock market collapsed that PMs would go up, and the opposite happened.

Really it comes down to this: do you believe there will be another financial crisis/crash coming up? If yes, wait to buy, if not, sub-$20 silver is mighty attractive.

[old steel]

I think at some point as they continue to suppress the price of physical with paper, physical will not be available to purchase with their phony paper.

You can print paper, right?

[Spectrism]

Yes- it will be that tenuous balance of price versus availability. The weak hands, however, will be dumping their supplies of the savage relic. Pick up some rolls of coins periodically at your bank. You may catch some dumb people spending the good stuff. I have seen families at yard sales practically giving away the dead old man's tools because the children or wife did not care to demand reasonable value for what someone invested in their lives.

See the freekin silver mine thread.

[Jewboo]

Really it comes down to this: do you believe there will be another financial crisis/crash coming up?

.

http://undergroundfitnessaz.com/wp-content/uploads/2016/06/Silver-Bullet.jpg

Prep for a civil war not another market downturn.

[crimethink]

http://undergroundfitnessaz.com/wp-content/uploads/2016/06/Silver-Bullet.jpg

Prep for a civil war not another market downturn.

Federal Ammunition current rebate reward:

https://www.sportsmansoutdoorsuperstore.com/images/promos/brand/vista-2nd-amendment-rebate.jpg

Invest in Precious Metals t-shirt (plus $10)

https://sporting.myonlinerebate.com/11376/

https://sporting.myonlinerebate.com/images/11376_2nd_amendment.pdf

[Dachsie]

Long term silver is the shizzle. But short term I think a big price drop is likely. Markets are in bubbles and there are signs that TPTB are starting the stepwise process of controlled demolition of the financial system. Stock markets could drop very fast if the FED starts tightening. In the absolute, even today's silver price is a long term buy and hold. But in a market implosion and credit/liquidity freeze up, silver could go well below $14. Whether you'll be able to get real physical at those prices is a whole 'nother question.

Ever since the boating accident, I've tried not to think about silver.:p

Truth for sure.


I personally always hit a mental block when I think of people "stacking silver", that is as I understand, buy and storing physical large quanties of silver coins. I want to talk about what actually will happen or is likely to happen or what definitely won't happen when it comes time to USE AND SPEND that silver.

https://i.ytimg.com/vi/bEmjiCoZ6e4/hqdefault.jpg

Arizona just passed a law where silver coins can be spent in stores like regular money. That may be a trend that will rapidly take over in the US as I do not think Trump or any administration will confiscate these coins from citizens in their homes. But this seems very very good sign to me because people who have large quantities of silver, or even small quantities for that matter, will be able to buy use spend these coins for the necessities of life rather than having to have paper currency necessary for these expenditures. As I understand it, this could mean you could buy anything from large ticket items like houses/land, vehicles, large household appliances etc down to buying groceries at the grocery store. Alleluia! That is the meaning of having gold and silver coins to me.

Also think could pay for services and labor with silver coins.

Only thing I am still fuzzy on is who will say how much each coin is valued at or is that for sevices/labor just negotiated in transaction. But stores or retailers or sellers of big ticket items will have to go to some objective valuation of the coin. Ah, there's the rub.

[Joshua01]

Weapons and ammo are a HUGE part of my precious metals portfolio.

Also, at this point, precious metals are a long term hold. Their value in FRNs isn't all that important to me right now. To much manipulation of both the USD and the paper metal markets to know what the true worth is.

I say keep stacking and keep your aim sharp!

8925

[old steel]

Yup, after the big smack down this week it's time to back up the truck.

Stack it and forget about it till you need to remember you stacked it.

[Spectrism]

I can see silver going to $16. If it breaks under $15.74, they could possibly drive it into the $14 range. It will depend on the emotional state of the economy and how much the Fed stops injecting cocaine into the arteries.

Conceivably, we could see a major stock market dump of 40%. If the deep state is trying to embarrass Trump, they could drive the markets down hard. Panic sales and emergency position covering will mean many liquidations. It could snowball in all markets- not just stocks. Raising the interest rates (drop in bond prices) could be the trigger for all of this happening. Who is buying when everyone wants to sell?

[Dachsie]

This will probably be an unwanted opinion on this particular forum but...

I continue to see replies of stack it and forget it.

I just do not see the role silver coins for SHTF situation and that is what we are gradually descending in to right now.

It seems it is eternally only usable and fruitful and productive in the future and that future has been going on for a few decades now.

Maybe there are some better, more immediately helpful things one can do with their FRNs now that will prove better in our current and near-future situation.

[Dachsie]

" If the deep state is trying to embarrass Trump"

To me this question points to

who do we say the Deep State is

and

who exactly is leaking "Vault 7" to Wikileaks?

If we think it is the bad guys who did the leaks, then it shows THEY are not afraid to go for all the marbles now. Vault 7 has just destroyed all trust of the public, all the public, of the MSM and "the government." By Vault 7 we the people see that THEY apparently know about a total collapse and are leveraging what they have against Trump and company to control the way THEY want the collapse to go. There is no question that there is a total , not partial, not easy to get through, not just something to embarrass Trump, collapse soon to come.

The "Deep State" is a deliberately confusing term that has been put into vogue now. Be careful of these new buzzwords. They never are meant to add clarity and reduce confusion. Sometimes the "good guys" means the "good guys" that are within the CIA, FBI and a few other intelligence agencies and that they are part of the "deep State."

Sometimes the term "Deep State" is meant to be solely the bad guys and solely made up of all of the CIA and the FBI and other unnamed agencies.


It seems stupid simple to understand that thinking there will not be a collapse is not even an option.

[Spectrism]

This will probably be an unwanted opinion on this particular forum but...

I continue to see replies of stack it and forget it.

I just do not see the role silver coins for SHTF situation and that is what we are gradually descending in to right now.

It seems it is eternally only usable and fruitful and productive in the future and that future has been going on for a few decades now.

Maybe there are some better, more immediately helpful things one can do with their FRNs now that will prove better in our current and near-future situation.

Stacking silver or gold is only for those who have done the basics:
1. Have good relationship with God
2. Have self-defense
3. Have shelter
4. Have food & water supplies
5. Have essential medical, mechanical, power supplies

Having shelter might mean buying farm land out of populated areas... which can also be used for growing food. You have to decide what is right for you.

Precious metals afford you mobility of your wealth, protection of your wealth and a means of dealing with others through invisible trades. There will soon be a time when you are told that you must submit to the beast system if you want to buy or sell. If you wait until that day to make a plan, you are too late.

FRNs are debt currency. They must lose value over time. They are backed by confidence and when confidence fails, they fail. They are temporary liquidity for exchanging wealth for something of value. Holding FRNs is risky over time.

[Dachsie]

"Stacking silver or gold is only for those who have done the basics:
1. Have good relationship with God
2. Have self-defense
3. Have shelter
4. Have food & water supplies
5. Have essential medical, mechanical, power supplies

Having shelter might mean buying farm land out of populated areas... which can also be used for growing food. You have to decide what is right for you.

Precious metals afford you mobility of your wealth, protection of your wealth and a means of dealing with others through invisible trades. There will soon be a time when you are told that you must submit to the beast system if you want to buy or sell. If you wait until that day to make a plan, you are too late.

FRNs are debt currency. They must lose value over time. They are backed by confidence and when confidence fails, they fail. They are temporary liquidity for exchanging wealth for something of value. Holding FRNs is risky over time."

Thank you for best clearest reply to my kind of questions so far. It is a very good diagnostic tool to tell you if you should be stacking silver.

I am pretty much in good condition on 1 through 4 but
not at all in good condition on 5.

The one thing I need to shore up all 5 items depends on being able to hire qualified, skilled competent, reliable, honest U.S. English speaking citizen with references home help for power supply part of home preparedness. That does not exist and therefore no amount of money can buy it.

" Holding FRNs is risky over time. "

but holding FRNs is the only smart thing to do in the short term

because "bail ins" by banks and pension funds, etc,. means you want to get the cash into your hands pronto and out of theirs. If you have some extra that you need to put some place, I still say, unless you are filthy rich, there are better places to put that wealth.

Again living on and making the land produce food, water, and shelter and clothing really only works for when you have several youngish families, each with their own separate house, on a big plot of land. It is just too hard of a life when there is only one father/husband and one mother/wife managing the whole thing.

[Spectrism]

but holding FRNs is the only smart thing to do in the short term

because "bail ins" by banks and pension funds, etc,. means you want to get the cash into your hands pronto and out of theirs. If you have some extra that you need to put some place, I still say, unless you are filthy rich, there are better places to put that wealth.

Again living on and making the land produce food, water, and shelter and clothing really only works for when you have several youngish families, each with their own separate house, on a big plot of land. It is just too hard of a life when there is only one father/husband and one mother/wife managing the whole thing.

Everyone has a different situation. You have to weigh out your capabilities and liabilities and try to prepare for the most likely situations, while hedging a protection for worst case scenarios. For someone living in a city without the ability to prepare with basics, stacking silver might be their only option as a barter for bugging out to a safe haven.

If you have a stack of federal reserve notes and suddenly the government declares the federal reserve insolvent or hostile, your paper will be worthless. Could it happen? Maybe. One thing is sure- we have enormous debt. It will either be defaulted or paid with devalued FRNs. Which option is more likely?

[old steel]

Everyone has a different situation. You have to weigh out your capabilities and liabilities and try to prepare for the most likely situations, while hedging a protection for worst case scenarios. For someone living in a city without the ability to prepare with basics, stacking silver might be their only option as a barter for bugging out to a safe haven.

If you have a stack of federal reserve notes and suddenly the government declares the federal reserve insolvent or hostile, your paper will be worthless. Could it happen? Maybe. One thing is sure- we have enormous debt. It will either be defaulted or paid with devalued FRNs. Which option is more likely?


Both.

[mamboni]

1. Have good relationship with God
2. Have self-defense
3. Have shelter
4. Have food & water supplies
5. Have essential medical, mechanical, power supplies


Good list. I would add that one should be focused on personal improvement. In the coming tribulation, you want to be healthy and physically fit. I am presently in the best condition of my life. The keys are diet, supplements and exercise.

[old steel]

Good list. I would add that one should be focused on personal improvement. In the coming tribulation, you want to be healthy and physically fit. I am presently in the best condition of my life. The keys are diet, supplements and exercise.

Yup all good points but throw them all out the window if you are in a big city when it goes south.

As a last resort i can always melt down my silver to cast bullets, can't do that with FRN's.

First i'd have to work my way through those scant few boxes of ammo i have scattered around here someplace.

Oh, silver just went green or am i losing my mind?