Re: Silver shot up......
[Re: Steven 49er]
#6940381
07/23/20 10:04 PM
07/23/20 10:04 PM
|
Joined: Mar 2007
Posts: 35,176 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
|
"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,176
McGrath, AK
|
I think she may be a breath of fresh air. God knows they don't have any exit plan for where they are now. Some unorthodox ideas might be a good thing !! When did believing in the gold standard and sound money practices become unorthodox? Serious question. I hear ya. I can't recall which Dem it was who called her views on the gold standard "controversial".
Mean As Nails
|
|
|
Re: Silver shot up......
[Re: Marty]
#6940534
07/24/20 01:53 AM
07/24/20 01:53 AM
|
Joined: May 2010
Posts: 10,491 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,491
MN
|
The Democrats or the Republicans will never willing go for a gold standard. Can't have deficit spending with it. Not to the degree we see today. Personally I'd rather see Danielle DeMartion Booth on the board but I'll take Shelton. It's a hoot to see the Keynesian's throw a fit. They credit the FED for saving the economy after the collapse in 2008, all it did was create a bigger bubble. Eventually it's going to pop.
Larry Hall, I'm kinda like you buying metals, buy whenever I feel like i have some discretionary income to spend and buy in tranches on the dips. I felt that silver under 20 was a good buy and when we could get it under 15 was a really good buy. I tried to buy a big chunk in April but demand outstripped supply and I don't like paying outrageous premiums. I only ended up with a small bit.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Silver shot up......
[Re: Marty]
#6940640
07/24/20 07:36 AM
07/24/20 07:36 AM
|
Joined: May 2010
Posts: 10,491 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,491
MN
|
It's doing good, how are your investments doing?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Silver shot up......
[Re: Steven 49er]
#6940648
07/24/20 07:42 AM
07/24/20 07:42 AM
|
Joined: Feb 2010
Posts: 8,574 Henderson, N.Y. Jefferson Co.
walleyed
trapper
|
trapper
Joined: Feb 2010
Posts: 8,574
Henderson, N.Y. Jefferson Co.
|
It's doing good, how are your investments doing? Good. I've gained back about 75% of what I lost when the stock market dropped from it's highs in January due to the Covid-19 thingy. Just waiting for November 9th so we can all get back to where we were, and start gaining ground again. w
"Provisional/Interim" member of NYS Trappers Association Jefferson Co. Fur Harvesters
I Support Non-Resident Trapping
|
|
|
Re: Silver shot up......
[Re: Marty]
#6940659
07/24/20 07:51 AM
07/24/20 07:51 AM
|
Joined: May 2010
Posts: 10,491 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,491
MN
|
I hope that work outs for us all, I'm not as confident Trump winning the election will turn things around. I'm of the belief the Fed and their free money policies of the last 20 years has done too much damage.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Silver shot up......
[Re: Gary Benson]
#6940678
07/24/20 08:15 AM
07/24/20 08:15 AM
|
Joined: Jul 2011
Posts: 159 Virginia
Dave Kimball
trapper
|
trapper
Joined: Jul 2011
Posts: 159
Virginia
|
I'd feel like an idiot paying $1868 for an ounce of gold. That's just me though. It feels pretty good when you're sitting on a few ounces you bought in 2002 @ $350.00 and ounce. .99999 Canadian
Dave Kimball NTA-VTA Life Member Trapping Some- Buying Some (804) 631-7417
|
|
|
Re: Silver shot up......
[Re: walleyed]
#6940747
07/24/20 09:14 AM
07/24/20 09:14 AM
|
Joined: Dec 2006
Posts: 17,663 Rodney,Ohio
SNIPERBBB
trapper
|
trapper
Joined: Dec 2006
Posts: 17,663
Rodney,Ohio
|
How is BITCOIN doing ?
Are you mega-rich yet ?
w It's up about 600 this week though down about 2700 from this time last year. Still 50% higher than when I purchased. Some of the "penny" cryptos are up 3x from a few months ago. Litecoin has pretty much stayed flat and never really recovered from the big run and crash two years ago.
|
|
|
Re: Silver shot up......
[Re: Steven 49er]
#6940764
07/24/20 09:29 AM
07/24/20 09:29 AM
|
Joined: Jan 2012
Posts: 293 MT
bbasher
trapper
|
trapper
Joined: Jan 2012
Posts: 293
MT
|
Steve49, what's your plan? The financial markets collapse, and the dollar has no value, what good is investing going to do you?
Last edited by bbasher; 07/24/20 09:30 AM.
|
|
|
Re: Silver shot up......
[Re: Marty]
#6941083
07/24/20 01:13 PM
07/24/20 01:13 PM
|
Joined: Dec 2015
Posts: 6,350 se South Dakota
NonPCfed
trapper
|
trapper
Joined: Dec 2015
Posts: 6,350
se South Dakota
|
I hope that work outs for us all, I'm not as confident Trump winning the election will turn things around. I'm of the belief the Fed and their free money policies of the last 20 years has done too much damage. Especially with another 5 trillion in fed debt by the time all the covid spending is tallied up.
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
|
|
|
Re: Silver shot up......
[Re: bbasher]
#6943847
07/26/20 08:32 PM
07/26/20 08:32 PM
|
Joined: May 2010
Posts: 10,491 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,491
MN
|
Steve49, what's your plan? The financial markets collapse, and the dollar has no value, what good is investing going to do you? My plan is to have some insurance. If the dollar crashes there will be value in other venues whether it be metals, real estate or foreign markets. Don't forget lead and brass. The price of gold is pennies away from it's all time high, with all the quantitative easing going in there isn't much to stop it from going quite a bit higher. Silver should close the GSR gap . Walleyed, keep an eye on bitcoin, its going go for a heck of a roller coaster ride.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Silver shot up......
[Re: Marty]
#6944037
07/27/20 01:03 AM
07/27/20 01:03 AM
|
Joined: May 2010
Posts: 10,491 MN
Steven 49er
trapper
|
trapper
Joined: May 2010
Posts: 10,491
MN
|
Wait until the markets open in the morning, it will be interesting to see how much the silver miners go up. As I type this gold is at 1932, all time high. Parker and Tony should make some money this summer if they can get fired up.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
|
|
|
Re: Silver shot up......
[Re: Marty]
#6944350
07/27/20 12:37 PM
07/27/20 12:37 PM
|
Joined: Jun 2012
Posts: 3,834 KY.usa
rex123
trapper
|
trapper
Joined: Jun 2012
Posts: 3,834
KY.usa
|
|
|
|
Re: Silver shot up......
[Re: rex123]
#6945026
07/27/20 11:46 PM
07/27/20 11:46 PM
|
Joined: Nov 2007
Posts: 898 N. W. MISSOURI
TRAPPER-ED
trapper
|
trapper
Joined: Nov 2007
Posts: 898
N. W. MISSOURI
|
reports i have heard say its good for 6 to 10 months ? will see ? some one last year on here posted buy ELA i looked at it and got 100 shares for 96 cents a share i have been up over 500 % at one time its down some now i did sell 50 shares , been buying in to mining companies mainly silver like AG and AUY and others
50 + years of trapping & some fur buying and i still know nothing.
|
|
|
|
|