Long Position on Silver and Gold?

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07-22-2015, 20:48
roberth

Quote:

Originally Posted by sellersm

See my post #1063 for a recommendation: https://www.ar-15.co/threads/91081-L...=1#post1877297

If I still had a 401K or some kind of investment vehicle, this is what I'd do. You can invest in gold, silver, ammo, firearms, storage food, etc...

Just be aware, if you're 401K is in gold it is paper gold, not pfyzz and paper gold/silver are oversold like an overbooked airplane.
07-22-2015, 20:53
sellersm

Quote:

Originally Posted by roberth

Just be aware, if you're 401K is in gold it is paper gold, not pfyzz and paper gold/silver are oversold like an overbooked airplane.

Not necessarily. You can hold physical gold in a retirement investment. But I'm not an expert.

Sent from my fat fingers using Tapatalk
07-22-2015, 20:55
roberth

Quote:

Originally Posted by BushMasterBoy

I think this may be the beginning of a huge depression financially. Wiemar Republic style...

https://en.wikipedia.org/wiki/Hyperi...eimar_Republic

Nope, QE4 is coming and that will forestall any correction or depression.

The dollars in your hand will lose value but the fiat markets will continue to grow based on this thin air cash infusion.
07-22-2015, 20:57
roberth

Quote:

Originally Posted by sellersm

Not necessarily. You can hold physical gold in a retirement investment. But I'm not an expert.

Sent from my fat fingers using Tapatalk

True, but how are you going to collect it? Are you going to drive to Chicago Mercantile Exchange and get it? LOL - you'll be DRT and your family will be SOL.

I don't think some of you get it, just because your parents are collecting theirs does not guarantee you will collect yours. The only guarentee is that FedGov will get its share, 10, 20 50 100 percent.

Look at Greece right now, the EU(Germany) is backstopping Greece. The US backstops the EU, NO ONE backstops the US...no one.
07-22-2015, 21:01
sellersm

Quote:

Originally Posted by roberth

True, but how are you going to collect it? Are you going to drive to Chicago Mercantile Exchange and get it? LOL - you'll be DRT and your family will be SOL.

Seems you're not interested in doing some research to find out the facts? You buy it, you hold it. Period. Done.

Watch this, it'll explain it:
https://www.youtube.com/watch?v=IdL3Xf-TV_Y
07-22-2015, 21:11
roberth

I am saying exactly what he is saying, without the IRA stuff.
07-22-2015, 21:34
BushMasterBoy

Bullion Direct is Bankrupt

This company is bankrupt. They took a lot of folks money and sent no bullion!

http://www.bulliondirect.com/
07-22-2015, 21:57
crays

Quote:

Originally Posted by sellersm

If I still had a 401K or some kind of investment vehicle, this is what I'd do. You can invest in gold, silver, ammo, firearms, storage food, etc...

I was thinking about procuring 1200+ firearms, and over two tons of ammo.

Hopefully I can sell it at a profit before I die in my car.
07-22-2015, 22:07
ben4372

Quote:

Originally Posted by Great-Kazoo

Tejas is the last place we'd move to. While the media plays up Tx Open carry and other R sponsored ideas. BEHIND THE SCENES the D's are getting ready to do to TX what they did to CO. ONLY There the amnesty program will give D's an overwhelming voting block. Huston, Austin, El Paso even Big D will pull more left than they already are.
Here it's dope smokers who have tilted the scales more so to the left.

Words of wisdom. If you think Texas is a bit liberal now, wait till all the job chasers from Kali start flocking. Too bad, I have family there and toyed with moving there.
07-22-2015, 22:11
ben4372

Quote:

Originally Posted by crays

I was thinking about procuring 1200+ firearms, and over two tons of ammo.

Hopefully I can sell it at a profit before I die in my car.

That gun to ammo ratio may be off. I'd shoot for minimum Six tons.