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But why would they allow it to go up? Would would they stop suppressing it? What do they have to gain? The dollar has everything to lose.Originally Posted by davsel
Artificially being held down. If allowed to go up,
http://www.barnhardt.biz/2014/08/30/...g-all-markets/
BUY!
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
They will be unable to suppress it indefinitely.
Once the dominoes start to fall and bank customer/stock market trader panic sets in, PM value will go through the roof - not that I would ever trade it back for dollars.
Silver spot has dipped below $18 this AM. Keep an eye open!!
http://disciplejourney.com
“Make men large and strong and tyranny will bankrupt itself in making shackles for them.” – Rev. Henry Ward Beecher (1813-1887) US Abolitionist Preacher
CIPCIP
Just saw this. It's currently 17.98 Wish I had a bunch of money to dump into it...
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Same here...
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http://disciplejourney.com
“Make men large and strong and tyranny will bankrupt itself in making shackles for them.” – Rev. Henry Ward Beecher (1813-1887) US Abolitionist Preacher
CIPCIP
I wish I could play too but I have other obligations.
We can't print money like FedRes/FedGov anytime we want something.
I've already blown my wad at nearly every dip since April.
Too many other obligations at the moment, not the least of which is the rest of my 2013 tax payment due in three weeks.
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Credit TFOGGER : Liberals only want things to be "fair and just" if it benefits them.
Credit Zundfolge: The left only supports two "rights"; Buggery and Infanticide.
Credit roberth: List of things Government does best; 1. Steal your money 2. Steal your time 3. Waste the money they stole from you. 4. Waste your time making you ask permission for things you have a natural right to own. "Anyone that thinks the communists won't turn off your power for being on COAR15 is a fucking moron."
but it will at least retain it's value against other currency- you may not want to get back into $US, but whatever currency replaces it as the world standard.
"They" will no longer be controlling the price, since their control is based on $US- so PM values should rise in value to other currencies as well, right?
ΜΟΛΩΝ ΛΑΒΕ, we are the III%, CIP2, and some other catchphrase meant to aggravate progreSSives who are hell bent on taking rights away...
Don't think so, I believe it will always be controlled, no matter what the world currency/petro-dollar ends up being. At least that's what I've heard from some folks... Time will tell, though. For the short-term, owning PMs is a good idea. In the very long run, nothing will have value except for whatever the one world 'currency' ends up being. As it says in the Bible, "they'll throw their gold & silver on the ground cuz it's worthless" (I'm highly paraphrasing there).
http://disciplejourney.com
“Make men large and strong and tyranny will bankrupt itself in making shackles for them.” – Rev. Henry Ward Beecher (1813-1887) US Abolitionist Preacher
CIPCIP
The only thing i'll throw on the ground is spent brass.
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"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
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