Long Position on Silver and Gold?

Here's an interesting view of what may be coming (or, more of what's already here) in forced wealth transfer:

http://kingworldnews.com/kingworldne...errifying.html

Here's a snippet:

Quote:

---

We expect that financial repression as well as wealth taxes in various facets will increasingly gain in importance in coming years. We believe this to be a disastrous strategy, as the redistribution will merely buy time, while the structural problems remain unsolved. King World News note: This is an incredibly ominous warning from Stoferle and I suggest all KWN readers around the world take it very seriously while there is still time.

---

Quote:

---

Originally Posted by sellersm

Here's an interesting view of what may be coming (or, more of what's already here) in forced wealth transfer:

http://kingworldnews.com/kingworldne...errifying.html

Here's a snippet:

---

FORCED Redistibution of wealth... Then they start dipping (Social Security is nothing left but IOUs) into people's 401k's (because it is not fair for the working folks to be able to save for retirement and the folks that spend a life mooching off the system cannot save), etc etc

Quote:

---

Originally Posted by rbeau30

FORCED Redistibution of wealth... Then they start dipping (Social Security is nothing left but IOUs) into people's 401k's (because it is not fair for the working folks to be able to save for retirement and the folks that spend a life mooching off the system cannot save), etc etc

---

FIFY.

Quote:

---

Originally Posted by sellersm

FIFY.

---

Danke

Quote:

---

Originally Posted by Firehaus

Should I get ase or maple leafs? Does it matter?


Sent from my iPhone

---

I always say ASEs because anyone who has/will deal in silver will know what those are. You won't have to explain some foreign coin or a commie panda.

Interesting look at hyper-printing of $100 bills and Gold: http://srsroccoreport.com/hyper-prin...-note-vs-gold/

Snippet:

Quote:

---

When (not if) the U.S. Fiat Monetary System collapses, anyone holding onto twelve $100 Federal Reserve Notes would have a net worth of $1.56 in printing cost. Compare that to the estimated $1,100-$1,200 an ounce cost for gold.

I would bet my bottom Silver Dollar that when faith in holding U.S. Federal Reserve Notes heads into the toilet, it would be much wiser to own REAL MONEY than the monopoly paper printed by the MoneyFactory.gov.

---

Quote:

---

Originally Posted by hghclsswhitetrsh

There's a couple guys just south and easy of dad's wholesale table at the tanner gun show. They are nice guys and explain the method to price on junk silver.

---

Yes, those are good guys too and they are there on Sunday, the Silver Guy is only there on Saturday. There is another gentleman on the north side a couple rows east of Dad's too.

Quote:

---

Originally Posted by sellersm

Some folks say the extra purity in the maple leaf is a good thing (.9999 vs .999). Others say that the actual denominational value of the coins means something. If you look back in this thread, you'll see a youtube video posted by me of an interview with some guys talking about expatriating, and when their friends/families left the country, the new country only honored the value of the coin as it was denominated (NOT the gold/silver content), or the "face value" in other words...

At the end of the day, it's up to you. I have both and will continue to acquire both...

---

And still others that won't touch them due to milk spots...

Quote:

---

Originally Posted by brutal

And still others that won't touch them due to milk spots...

---

Ahhh yes, the dreaded milk spots!


Sent from my fat fingers using Tapatalk

I never understood the whole milk spots thing. Maple leafs are not numismatic coins. An oz of silver is an oz of silver no matter how you look at it. I guess its like the guys that put on cotton gloves to look at regular ase's like they are something special.