Conservative Political Forum

General Category => Financial => Topic started by: Dr. Meh on August 31, 2014, 09:58:47 AM

Title: Why is silver still so low?
Post by: Dr. Meh on August 31, 2014, 09:58:47 AM
Not that I'm complaining since it's still a good time to buy but why hasn't silver exploded in value yet? It's just a matter of time before our debt and QE pumping catches up to us. That and the likely major war coming our way makes me feel like silver is artificially low somehow. Any ideas as to what's going on with silver?
Title: Re: Why is silver still so low?
Post by: Solar on August 31, 2014, 10:16:26 AM
I don't know if I'd fall for the hype over silver, considering it is far more plentiful than gold.
I too see these articles on silver "ready to explode in cost and demand", but I also recognize the fact it's all based on nothing but assumption.

Why not platinum or any other rare metal? Because most people can't afford a bar of platinum, but they can silver and the more people believe it's the next boon, the bigger the bubble grows, but like all speculative based bubbles, they burst and leave those holding assets, stuck.

Look at other precious metals, are they increasing in price the same as gold and silver? If not, that should tell you something.

My advice would be to go ahead and buy physical silver, avoid paper stock, at least you'll be holding something that still has value, but be prepared to unload it when you hit a 20% profit, then find something else to invest in while waiting for the bubble to burst so you can buy more silver at a lower rate.
Title: Re: Why is silver still so low?
Post by: Dr. Meh on August 31, 2014, 10:37:46 AM
Quote from: Solar on August 31, 2014, 10:16:26 AM
I don't know if I'd fall for the hype over silver, considering it is far more plentiful than gold.
I too see these articles on silver "ready to explode in cost and demand", but I also recognize the fact it's all based on nothing but assumption.

Why not platinum or any other rare metal? Because most people can't afford a bar of platinum, but they can silver and the more people believe it's the next boon, the bigger the bubble grows, but like all speculative based bubbles, they burst and leave those holding assets, stuck.

Look at other precious metals, are they increasing in price the same as gold and silver? If not, that should tell you something.

My advice would be to go ahead and buy physical silver, avoid paper stock, at least you'll be holding something that still has value, but be prepared to unload it when you hit a 20% profit, then find something else to invest in while waiting for the bubble to burst so you can buy more silver at a lower rate.

The bubble burst a little over a year ago. At one point, silver was about $45/ounce and gold was over $1600/ounce. Silver is down to $19.50 and gold is in the $1250 range. That's why I think now is the time to buy. I can afford gold but in terms of profit potential, silver is where it's at.
Title: Re: Why is silver still so low?
Post by: Mountainshield on September 04, 2014, 05:52:37 AM
I have earned more investing in heating oil than gold or silver. I'm not a merchantman, but following the trends heating oil is at least something useful that there will always be demand for, it's easier to get a profit and more predictable since it actually has a demand and consumer pattern. Same with coffee.
Title: Re: Why is silver still so low?
Post by: Dr. Meh on September 04, 2014, 09:07:14 AM
Quote from: Mountainshield on September 04, 2014, 05:52:37 AM
I have earned more investing in heating oil than gold or silver. I'm not a merchantman, but following the trends heating oil is at least something useful that there will always be demand for, it's easier to get a profit and more predictable since it actually has a demand and consumer pattern. Same with coffee.

Silver and gold are used in a wide variety of technological applications and are very much in high demand and useful.
Title: Re: Why is silver still so low?
Post by: Solar on September 04, 2014, 09:45:53 AM
Quote from: Dr. Meh on September 04, 2014, 09:07:14 AM
Silver and gold are used in a wide variety of technological applications and are very much in high demand and useful.
If you have the room to store it, look into buying some scrap copper.
I say that because the economy won't be in depression mode forever, at some point we're going to start producing, most likely after the Marxist is out of office, and copper prices will probably go through the roof due to demand.

I'm sitting on about 600lbs, it's more than doubled in price since I acquired it, and that was before it's recent plunge in price, so anytime between  2015 and 2016 would be a good time to move industrial metals.

Point is, this is something you can actually barter or bargain for at your local scrap dealer. If he has what's known as "dirty scrap", meaning it's contaminated with plastic coating, like house wire, he'll be willing to cut the price if you don't mind doing the work to strip it down.
Brass is another, even lead has surged due to battery demand. And the upside, is you don't need to keep it in a safe, just throw a tarp over it and call it good.

http://www.reuters.com/article/2014/03/19/metals-freeport-mc-china-idUSL3N0ME24S20140319 (http://www.reuters.com/article/2014/03/19/metals-freeport-mc-china-idUSL3N0ME24S20140319)

This one predicts prices to fall, which would make copper an excellent investment.

http://www.mining.com/study-copper-surplus-likely-to-push-price-down-to-2-75-a-pound-97691/ (http://www.mining.com/study-copper-surplus-likely-to-push-price-down-to-2-75-a-pound-97691/)
Title: Re: Why is silver still so low?
Post by: Mountainshield on September 04, 2014, 10:41:27 AM
Quote from: Dr. Meh on September 04, 2014, 09:07:14 AM
Silver and gold are used in a wide variety of technological applications and are very much in high demand and useful.

That's true, but you need a lot more start up capital to start turning in daily profits. I'm not a trader so I'm guessing proficient traders use gold more than consumable raw resources.

I would love to start storing copper, maybe raid some gypsy stronghold and get me some, they are always looting highway electronics for copper  :tounge:
Title: Re: Why is silver still so low?
Post by: Dr. Meh on September 04, 2014, 09:27:08 PM
Quote from: Solar on September 04, 2014, 09:45:53 AM
If you have the room to store it, look into buying some scrap copper.
I say that because the economy won't be in depression mode forever, at some point we're going to start producing, most likely after the Marxist is out of office, and copper prices will probably go through the roof due to demand.

I'm sitting on about 600lbs, it's more than doubled in price since I acquired it, and that was before it's recent plunge in price, so anytime between  2015 and 2016 would be a good time to move industrial metals.

Point is, this is something you can actually barter or bargain for at your local scrap dealer. If he has what's known as "dirty scrap", meaning it's contaminated with plastic coating, like house wire, he'll be willing to cut the price if you don't mind doing the work to strip it down.
Brass is another, even lead has surged due to battery demand. And the upside, is you don't need to keep it in a safe, just throw a tarp over it and call it good.

http://www.reuters.com/article/2014/03/19/metals-freeport-mc-china-idUSL3N0ME24S20140319 (http://www.reuters.com/article/2014/03/19/metals-freeport-mc-china-idUSL3N0ME24S20140319)

This one predicts prices to fall, which would make copper an excellent investment.

http://www.mining.com/study-copper-surplus-likely-to-push-price-down-to-2-75-a-pound-97691/ (http://www.mining.com/study-copper-surplus-likely-to-push-price-down-to-2-75-a-pound-97691/)

I've considered copper because the upside potential is so huge. But you hit it on the head about storage being an issue. I live in Orange County and we get L.A. riff raff coming in all the time to steal copper wires and pipes from buildings and construction sites so outside storage isn't a very good option. But I'll consider it if I can clear some room in the garage or something.

What's it trading at now? I think it was around $5/pound last I checked about a year ago.
Title: Re: Why is silver still so low?
Post by: washington on September 12, 2014, 03:06:24 AM
When to buy Gold?  It's all about timing and public perception.  Anotherwords you must pay attention every day to the markets and financial reports.  This is why Glenn Beck is an idiot.  He doesn't understand the corolation on what affects supply and demand of gold and how that drives the Gold prices.  There's also the euopean speculation about selling metric tons of Gold that lowered the value of Gold.  Need to pay attention guys, and have a gold account active so that with 1 phone call at the last minute you can go from dollars to gold. 

Look at the value of Gold and how it spiked when inflation spiked in 81.  It lasted a short period of tim and was very sudden.  It's a safe place for your money as prices aren't likely to plummet for decades, but to make money you really need to know how this specific economy operates and really pay attention around the world. 
Title: Re: Why is silver still so low?
Post by: kit saginaw on September 13, 2014, 12:05:45 AM
Silver never recovered from the discontinuation of Kodak and Polaroid technology.  And the NASA-cutbacks haven't helped.  It'll always be somewhat valuable, but nothing to really covet while musing on a sleepless night.
Title: Re: Why is silver still so low?
Post by: Solar on September 13, 2014, 07:52:52 AM
Quote from: Dr. Meh on September 04, 2014, 09:27:08 PM
I've considered copper because the upside potential is so huge. But you hit it on the head about storage being an issue. I live in Orange County and we get L.A. riff raff coming in all the time to steal copper wires and pipes from buildings and construction sites so outside storage isn't a very good option. But I'll consider it if I can clear some room in the garage or something.

What's it trading at now? I think it was around $5/pound last I checked about a year ago.
Not really sure, and probably won't look at prices till after the economy starts a turn around, that's when the world economy will follow suit and demand will turn over night.
Title: Re: Why is silver still so low?
Post by: Solar on September 13, 2014, 08:00:11 AM
Quote from: washington on September 12, 2014, 03:06:24 AM
When to buy Gold?  It's all about timing and public perception.  Anotherwords you must pay attention every day to the markets and financial reports.  This is why Glenn Beck is an idiot.  He doesn't understand the corolation on what affects supply and demand of gold and how that drives the Gold prices.  There's also the euopean speculation about selling metric tons of Gold that lowered the value of Gold.  Need to pay attention guys, and have a gold account active so that with 1 phone call at the last minute you can go from dollars to gold. 

Look at the value of Gold and how it spiked when inflation spiked in 81.  It lasted a short period of tim and was very sudden.  It's a safe place for your money as prices aren't likely to plummet for decades, but to make money you really need to know how this specific economy operates and really pay attention around the world.
Only billionaire investors and fools buy paper gold.
Billionaires play in a game of controlling the mkt and know exactly when to get in or get out, while the fool lets them manipulate his paper and when these big players crash the mkt,, he'll be stuck with paper worth it's weight in gold, meaning nothing.

Paper gold, is fiat money and follows suit in it's worth, physical gold will still retain it's value even after a mkt crash.
Which one would you rather be stuck holding?
Title: Re: Why is silver still so low?
Post by: washington on September 16, 2014, 09:00:01 PM
Quote from: Solar on September 13, 2014, 08:00:11 AM
Only billionaire investors and fools buy paper gold.
Billionaires play in a game of controlling the mkt and know exactly when to get in or get out, while the fool lets them manipulate his paper and when these big players crash the mkt,, he'll be stuck with paper worth it's weight in gold, meaning nothing.

Paper gold, is fiat money and follows suit in it's worth, physical gold will still retain it's value even after a mkt crash.
Which one would you rather be stuck holding?

Physical gold proofs and American eagles.
Title: Re: Why is silver still so low?
Post by: Dr. Meh on February 09, 2015, 09:17:43 PM
Silver is now 17.05 and gold is at 1245. I'm expecting a sharp increase in the next six months. Just a hunch.
Title: Re: Why is silver still so low?
Post by: Solar on February 10, 2015, 05:42:09 AM
Quote from: Dr. Meh on February 09, 2015, 09:17:43 PM
Silver is now 17.05 and gold is at 1245. I'm expecting a sharp increase in the next six months. Just a hunch.
I play the game of "what if". What if I were a billionaire without morals where would I invest?
Right now, as long as a Marxist is lining my pocket with taxpayer dollars, I'll stay in Wall St, but I look to 2016 and I see change coming with a Conservative at the helm, so again I ask "what if" we are attacked? (and we will be)

Most likely he'll go to war so I'll be looking to profit in some manner, as well as looking toward growth in industry not related.
What I will look at is an economy rebounding, people returning to work, followed by the world doing the same, so growth is inevitable and demand for energy tied to this will be a factor, so I'd be looking once again at oil.

But historically, what does the entertainment industry do during times of steep recovery?
I use entertainment as a blanket from clothes and vacations to RV's, what mkt grows the best.
Look at all these and try and predict a trend.

Something I see in the short term is escape plots, small acreage parcels of remote land with drop pod living.
Sounds weird, I know, but think abut it. War, an uncertain future, a world jostling for position because the Marxist left us weak.
People looking at inner city violence spreading to their areas where their children are at risk, and suddenly owning a so called bomb shelter on the cheap (credit) is very attractive.

Yeah, I''d be looking at the new, immobile RV, one that can be buried under ground, or easily moved to another location quickly.

But since I'm not so silver looks appealing too, and safe. :biggrin:
Title: Re: Why is silver still so low?
Post by: Dr. Meh on February 10, 2015, 10:10:52 AM
Quote from: Solar on February 10, 2015, 05:42:09 AM
I play the game of "what if". What if I were a billionaire without morals where would I invest?
Right now, as long as a Marxist is lining my pocket with taxpayer dollars, I'll stay in Wall St, but I look to 2016 and I see change coming with a Conservative at the helm, so again I ask "what if" we are attacked? (and we will be)

Most likely he'll go to war so I'll be looking to profit in some manner, as well as looking toward growth in industry not related.
What I will look at is an economy rebounding, people returning to work, followed by the world doing the same, so growth is inevitable and demand for energy tied to this will be a factor, so I'd be looking once again at oil.

But historically, what does the entertainment industry do during times of steep recovery?
I use entertainment as a blanket from clothes and vacations to RV's, what mkt grows the best.
Look at all these and try and predict a trend.

Something I see in the short term is escape plots, small acreage parcels of remote land with drop pod living.
Sounds weird, I know, but think abut it. War, an uncertain future, a world jostling for position because the Marxist left us weak.
People looking at inner city violence spreading to their areas where their children are at risk, and suddenly owning a so called bomb shelter on the cheap (credit) is very attractive.

Yeah, I''d be looking at the new, immobile RV, one that can be buried under ground, or easily moved to another location quickly.

But since I'm not so silver looks appealing too, and safe. :biggrin:

Isn't it weird, and a bit unnerving, that everyone can feel a major war approaching? Even some of the schizos in my groups are talking about WWIII soon and they don't know anything about politics. They just feel it. Obummer has ruined this country and the world stage so much that we are all expecting a major calamity soon.

My family owns a fair amount of land. What are these escape pod things you speak of? I know of underground bunkers but do they have quickly deployed and transportable bunkers now? Or are you talking about the big shipping containers that are frequently used?
Title: Re: Why is silver still so low?
Post by: Solar on February 10, 2015, 11:21:26 AM
Quote from: Dr. Meh on February 10, 2015, 10:10:52 AM
Isn't it weird, and a bit unnerving, that everyone can feel a major war approaching? Even some of the schizos in my groups are talking about WWIII soon and they don't know anything about politics. They just feel it. Obummer has ruined this country and the world stage so much that we are all expecting a major calamity soon.

My family owns a fair amount of land. What are these escape pod things you speak of? I know of underground bunkers but do they have quickly deployed and transportable bunkers now? Or are you talking about the big shipping containers that are frequently used?
I can't remember where I read it. Some "Greenie" BS site, but they were making fun of survivalists and a market that was growing.
The particular site made pods, anywhere from 1 week, to permanent living quarters underground.
Made of some carbon fiber composite, somewhat cylindrical and self contained with air exchange and bunks on each side.
The bigger models were sectional and shipped to your site, you dig the hole and they'y set it up, no size limit since they are sectional pods.

You could probably search and find it.

Oh, and yes, we will be at war in the next three years. As to it's scope depends on how big of balls our next POTUS comes with, the bigger the better, but it will have the potential to be the biggest war in human history.
It will be a fight for freedom. God help us if we don't use everything in our arsenal, we'll need it.
And yes, it will be Islum....
Title: Re: Why is silver still so low?
Post by: sensualblighter on February 12, 2015, 05:02:05 AM
There's been quite a bit of volatility with Silver prices and I still see a  short-term downside.
Title: Re: Why is silver still so low?
Post by: sensualblighter on February 12, 2015, 05:04:04 AM
Quote from: Dr. Meh on February 09, 2015, 09:17:43 PM
Silver is now 17.05 and gold is at 1245. I'm expecting a sharp increase in the next six months. Just a hunch.

There's been quite a bit of volatility with Silver prices and I still see a  short-term downside.
Title: Re: Why is silver still so low?
Post by: Dr. Meh on February 12, 2015, 08:47:04 AM
Quote from: sensualblighter on February 12, 2015, 05:04:04 AM
There's been quite a bit of volatility with Silver prices and I still see a  short-term downside.

I think the volatility is the new norm across the investment spectrum. By short-term downside do you mean you think it will continue to decline? If so, what's your guess on how low it will go and why? Or is it just a hunch?
Title: Re: Why is silver still so low?
Post by: Solar on February 12, 2015, 08:59:19 AM
Quote from: Dr. Meh on February 12, 2015, 08:47:04 AM
I think the volatility is the new norm across the investment spectrum. By short-term downside do you mean you think it will continue to decline? If so, what's your guess on how low it will go and why? Or is it just a hunch?
Silver is a safe place for your money if you're looking for stability, but not iinvestment if you hope to make a profit.
Check out it's historical averages here.

Note: the 80s surge, if I remember correctly, was speculation over silver nitrate used in film.

http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart (http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart)
Title: Re: Why is silver still so low?
Post by: supsalemgr on February 12, 2015, 09:30:39 AM
Quote from: Solar on February 12, 2015, 08:59:19 AM
Silver is a safe place for your money if you're looking for stability, but not iinvestment if you hope to make a profit.
Check out it's historical averages here.

Note: the 80s surge, if I remember correctly, was speculation over silver nitrate used in film.

http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart (http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart)

If I recall correctly part of th 80's surge was due to the Hunt brothers trying to corner the market on silver.
Title: Re: Why is silver still so low?
Post by: Solar on February 12, 2015, 10:51:27 AM
Quote from: supsalemgr on February 12, 2015, 09:30:39 AM
If I recall correctly part of th 80's surge was due to the Hunt brothers trying to corner the market on silver.
Yes, and I seem to remember they fudged the usage prediction numbers in the film industry to support their move.
Prices spiked and they made a mint.
That is, if memory hasn't eroded over the years. :unsure:
Title: Re: Why is silver still so low?
Post by: edward222 on April 05, 2015, 07:52:20 PM
Quote from: Solar on August 31, 2014, 10:16:26 AM
I don't know if I'd fall for the hype over silver, considering it is far more plentiful than gold.
I too see these articles on silver "ready to explode in cost and demand", but I also recognize the fact it's all based on nothing but assumption.

Why not platinum or any other rare metal? Because most people can't afford a bar of platinum, but they can silver and the more people believe it's the next boon, the bigger the bubble grows, but like all speculative based bubbles, they burst and leave those holding assets, stuck.

Look at other precious metals, are they increasing in price the same as gold and silver? If not, that should tell you something.

My advice would be to go ahead and buy physical silver, avoid paper stock, at least you'll be holding something that still has value, but be prepared to unload it when you hit a 20% profit, then find something else to invest in while waiting for the bubble to burst so you can buy more silver at a lower rate.


I think its because, people prefer to use gold,
and silver is easy to find.

If the market is low, obviously the price will low :)
Title: Re: Why is silver still so low?
Post by: Solar on April 08, 2015, 09:15:20 PM
Quote from: edward222 on April 05, 2015, 07:52:20 PM

I think its because, people prefer to use gold,
and silver is easy to find.

If the market is low, obviously the price will low :)
Not if it's a bubble.
Title: Re: Why is silver still so low?
Post by: Protestant on April 30, 2015, 11:09:01 PM
Why is silver still so low? That is a good question. It was hyped that there was a shortage.

Speculating is a risky matter in the day in which we live. Who knows what is going to happen next? Hyper inflation is a good guess, but so is a deep depression. My  studies suggest that there is no good answer being suggested as to how to come out of the hole America and the world has dug.

Let me add a thought that some may not have considered. The baby boom created a giant bubble. Housing is a huge support for the American economy, much more than many realize. Single family construction is way down and I do not see it ever going back to where  it was. What does this mean to the economy? Consider this: Expanding the money supply has contributed to solid growth when done by making solid loans such as old fashioned 80% real estate loans. That lending and construction provided a huge GDP growth for many years. It is over. We are on the downside of the bubble.

Maybe this is why so many RINOs want illegal immigration into the US.  They are unwilling to face the fact that between the end of the baby boomers building and financing homes and that loud rushing sound of jobs leaving the U.S. after NAFTA, we will not enjoy the fast growth rate as in the  past. They appear ready to sacrifice America to keep their pockets filled with fithly lucre. The Chamber  of Commerce is an un-American organization if there ever was one.

I am going to re-register as a Republican just so I can cast a vote against Mr. Bush.

Back to speculating in silver. Can you say that another Clinton will not occupy the  White House? Or another RINO? Can you tell if  China's economy will continue to slide?  Why did oil take such a huge hit? Yes, the Saudis did not cut production as usual, but there is more to the story. The demand for oil is down. Are we going to pay the piper for the  phoney money being printed around the  world?  Which will it be, hyper inflation or deep depression, or a bit of both?

My guess is the last, but it is only a  poor guess with no good thought as to the timing. As a Protestant, I believe in the freedom granted to Americans at great price. Since we are no longer a Protestant nation, I predict we shall suffer in proportion to our failure to protect our freedoms. I believe 9/11 was evidence of this. With the  borders wide open, I think we do not need to speculate what is coming.

Silver cannot be eaten. I look forward to reading in many of the boards here where others are sharing their experience as we prepare for the less blessed days in front of us. One day the trucks will not be rolling to the local supermarket. It does not take very long to exhaust the food sitting the shelves. Invest in a tractor and hope your diesel will not turn to kerosene.   
Title: Re: Why is silver still so low?
Post by: supsalemgr on May 01, 2015, 05:01:08 AM
Quote from: Protestant on April 30, 2015, 11:09:01 PM
Why is silver still so low? That is a good question. It was hyped that there was a shortage.

Speculating is a risky matter in the day in which we live. Who knows what is going to happen next? Hyper inflation is a good guess, but so is a deep depression. My  studies suggest that there is no good answer being suggested as to how to come out of the hole America and the world has dug.

Let me add a thought that some may not have considered. The baby boom created a giant bubble. Housing is a huge support for the American economy, much more than many realize. Single family construction is way down and I do not see it ever going back to where  it was. What does this mean to the economy? Consider this: Expanding the money supply has contributed to solid growth when done by making solid loans such as old fashioned 80% real estate loans. That lending and construction provided a huge GDP growth for many years. It is over. We are on the downside of the bubble.

Maybe this is why so many RINOs want illegal immigration into the US.  They are unwilling to face the fact that between the end of the baby boomers building and financing homes and that loud rushing sound of jobs leaving the U.S. after NAFTA, we will not enjoy the fast growth rate as in the  past. They appear ready to sacrifice America to keep their pockets filled with fithly lucre. The Chamber  of Commerce is an un-American organization if there ever was one.

I am going to re-register as a Republican just so I can cast a vote against Mr. Bush.

Back to speculating in silver. Can you say that another Clinton will not occupy the  White House? Or another RINO? Can you tell if  China's economy will continue to slide?  Why did oil take such a huge hit? Yes, the Saudis did not cut production as usual, but there is more to the story. The demand for oil is down. Are we going to pay the piper for the  phoney money being printed around the  world?  Which will it be, hyper inflation or deep depression, or a bit of both?

My guess is the last, but it is only a  poor guess with no good thought as to the timing. As a Protestant, I believe in the freedom granted to Americans at great price. Since we are no longer a Protestant nation, I predict we shall suffer in proportion to our failure to protect our freedoms. I believe 9/11 was evidence of this. With the  borders wide open, I think we do not need to speculate what is coming.

Silver cannot be eaten. I look forward to reading in many of the boards here where others are sharing their experience as we prepare for the less blessed days in front of us. One day the trucks will not be rolling to the local supermarket. It does not take very long to exhaust the food sitting the shelves. Invest in a tractor and hope your diesel will not turn to kerosene.

Welcome to the board.

First, if you are looking for "hand wringers" here you are on the wrong board. Most of us realize the challenges we have in our country, but our desire is to find positive solutions. As for this economy, it is going to take a long time to return it where it should be. Easing up on lending requirements is not the way to do it as that will only return us to where we were seven years ago. In the short term we just need to get through the next 20 months and we will hopefully have some adults in the WH.
Title: Re: Why is silver still so low?
Post by: Solar on May 01, 2015, 06:14:48 AM
Quote from: Protestant on April 30, 2015, 11:09:01 PM
Why is silver still so low? That is a good question. It was hyped that there was a shortage.

Speculating is a risky matter in the day in which we live. Who knows what is going to happen next? Hyper inflation is a good guess, but so is a deep depression. My  studies suggest that there is no good answer being suggested as to how to come out of the hole America and the world has dug.

Let me add a thought that some may not have considered. The baby boom created a giant bubble. Housing is a huge support for the American economy, much more than many realize. Single family construction is way down and I do not see it ever going back to where  it was. What does this mean to the economy? Consider this: Expanding the money supply has contributed to solid growth when done by making solid loans such as old fashioned 80% real estate loans. That lending and construction provided a huge GDP growth for many years. It is over. We are on the downside of the bubble.

Maybe this is why so many RINOs want illegal immigration into the US.  They are unwilling to face the fact that between the end of the baby boomers building and financing homes and that loud rushing sound of jobs leaving the U.S. after NAFTA, we will not enjoy the fast growth rate as in the  past. They appear ready to sacrifice America to keep their pockets filled with fithly lucre. The Chamber  of Commerce is an un-American organization if there ever was one.

I am going to re-register as a Republican just so I can cast a vote against Mr. Bush.

Back to speculating in silver. Can you say that another Clinton will not occupy the  White House? Or another RINO? Can you tell if  China's economy will continue to slide?  Why did oil take such a huge hit? Yes, the Saudis did not cut production as usual, but there is more to the story. The demand for oil is down. Are we going to pay the piper for the  phoney money being printed around the  world?  Which will it be, hyper inflation or deep depression, or a bit of both?

My guess is the last, but it is only a  poor guess with no good thought as to the timing. As a Protestant, I believe in the freedom granted to Americans at great price. Since we are no longer a Protestant nation, I predict we shall suffer in proportion to our failure to protect our freedoms. I believe 9/11 was evidence of this. With the  borders wide open, I think we do not need to speculate what is coming.

Silver cannot be eaten. I look forward to reading in many of the boards here where others are sharing their experience as we prepare for the less blessed days in front of us. One day the trucks will not be rolling to the local supermarket. It does not take very long to exhaust the food sitting the shelves. Invest in a tractor and hope your diesel will not turn to kerosene.
Though I understand your angst and pessimism, I do not share your view of the future.
Stick around and read some old posts, many of us have covered this over the years.
Title: Re: Why is silver still so low?
Post by: Protestant on May 01, 2015, 08:11:47 AM
Quote from: supsalemgr on May 01, 2015, 05:01:08 AM
Welcome to the board.

Thanks, sup.

Quote
First, if you are looking for "hand wringers" here you are on the wrong board. Most of us realize the challenges we have in our country, but our desire is to find positive solutions.

I am an eternal optimist.  If I had no faith, I would not find it so easy to face the reality that the world is as it was before the flood. Because God does not figure into what the leaders are planning, they will not be able to set things right.

QuoteAs for this economy, it is going to take a long time to return it where it should be. Easing up on lending requirements is not the way to do it as that will only return us to where we were seven years ago. In the short term we just need to get through the next 20 months and we will hopefully have some adults in the WH.

America was the last hope of the world.  When Obama refused to go the winter Olympics and there was a call to boycott the games, we then saw that America had reached a point where she was no longer a nation standing for personal liberty. As I have pointed out, both Clinton and Obama were re-elected after America found out who they were. Pot is legal in Colorado. Homosexuality is being taught in our schools. Look at the US Supreme Court if you want to see how bad things are. And, again, the  US Chamber of Commerce is on the wrong side. Even if Cruz was elected, you would have an adult in the WH and worse than kids in Congress. Obama ought to have been impeached even though he might have been found "innocent".  Where are the honest men in the House? The honesty that I speak of reaches to the intent of the  heart, not just outward actions. When push comes to shove, we will see who it is that is willing to give all for their friends.

One last thought. What good conservative has pointed out what is wrong with Mexico? It is far from a Marxist nation. If the people of Mexico could  afford  to buy silver, maybe the price would rise above $20/oz. and we would not have half of Mexico invading our country. Is there a good Congressman  that has rebuked the Mexican president who thinks he can tell us what to do in regards to our illegals while keeping his southern border locked down?

I am here because there are a few who still want to stand for truth no matter where it leads. Open honest  discussion reveals where a person's heart is. I have found there are CINOS as well as RINOs.  Hopefully this message board is full of true conservatives that stand for the founding principles of America, personal liberty.

Again, thanks for the welcome, sup.

I am doing my part. I am registering as a Republican to vote against Bush.