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| Topic: World on brink of an oil price war | |
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Edited by
Sojourning_Soul
on
Mon 10/06/14 11:58 AM
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So much for the Petro Dollar! Will we see $2 a gallon gas again? At what price tho if nobody is holding money that is worth anything? Hard to call where this will lead BUT..... Hope y'all put some gold and silver aside! Been watching the markets lately? The petro dollar is being HEAVILY challenged as the world currency, and nobody has faith in the market or FED banks any more! Over $170 TRILLION in unfunded liabilities and $17.5 Trillion in national debt! How trusting would you be? http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11337398 |
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Edited by
no1phD
on
Mon 10/06/14 02:10 PM
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There.. I just went out and bought four one ounce Troy fine silver bars..
I paid $23.41 per bar.. I can resell at 19,90.. per bar.... so silver needs to go up$3.51.. for me to break even.. my plan is to buy 5 bars every week.. . for the next 6 weeks.... that will give me a total of 34 bars... at roughly 24 dollars a bar... that is a total of eight hundred and sixteen dollars.. if silver reaches 200 per ounce... I will see a gain..of.. 5184.. dollars..... not bad for sitting on my hands..lol... the silver flat bars are really pretty...lol.. sparkly... . |
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There.. I just went out and bought four one ounce Troy fine silver bars.. I paid $23.41 per bar.. I can resell at 19,90.. per bar.... so silver needs to go up$3.51.. for me to break even.. my plan is to buy 5 bars every week.. . for the next 6 weeks.... that will give me a total of 34 bars... at roughly 24 dollars a bar... that is a total of eight hundred and sixteen dollars.. if silver reaches 200 per ounce... I will see a gain..of.. 5184.. dollars..... not bad for sitting on my hands..lol... the silver flat bars are really pretty...lol.. sparkly... . I see you didn't buy any gas... 
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I can't afford gas.. and gold is a bit pricey... but silver now that I can afford...lol
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Silver is much prettier than gold, anyway. I won't wear gold. I'm a silver snob...haha!
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Edited by
no1phD
on
Mon 10/06/14 02:39 PM
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I would have to disagree with you..
. a troy ounce of gold.. so beautiful.. . gold coins.. magnificent.. oil..hmm.. not so beautiful.. And try carrying oil in your pocket..lol |
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Gold...to me...looks tacky. We can agree to disagree.....  
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...ohhh.. my dear lady... if I was to place a ancient gold coin... on a beautiful gold chain.. and drape it around your neck.. with the value of.
thousands of dollars.. you might find gold very attractive... not to mention the history. The gold Coin would hold.. |
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don't you dare !!sell that coin.. it has been in my family for generations..
. I was just lending it to you..lol.. |
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...ohhh.. my dear lady... if I was to place a ancient gold coin... on a beautiful gold chain.. and drape it around your neck.. with the value of. thousands of dollars.. you might find gold very attractive... not to mention the history. The gold Coin would hold.. Nope. Gold to ME is not beautiful. And I certainly wouldn't wear it. I would take it off and put it in a cool box, tho. And think of selling it....lol
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Indian giver...haha!
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Edited by
Sojourning_Soul
on
Mon 10/06/14 04:42 PM
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Silver in any form will explode very soon!
The bullion market is being manipulated badly right now for obvious reasons. The cheaper gold and silver are manipulates interest rates to a lower premium. I truly believe they can't hold a "market correction" off for another month until after the elections, it's that bad/close, but if they do manage to, next year IT WILL HAPPEN! Look at the Market lately!? When it does I see silver going to a minimum of $50 an ounce and possibly as high as $2-300 an ounce (some are saying maybe $500 an ounce). Gold will be ridiculous.....$5-10,000 an ounce.... and while it will protect assets it's much harder to exchange/trade with if the market correction should bring a collapse. |
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I just invested in more precious metals, copper, lead and brass.
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I just invested in more precious metals, copper, lead and brass. This is the correct answer. Resale value on a box of .22 shells is astronomical. |
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I just invested in more precious metals, copper, lead and brass. Copper is a good investment too, but coined it is already over $10 a pound |
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Edited by
fleta_n_mach
on
Mon 10/06/14 04:48 PM
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I only wear white gold or silver.
Of course, bartering will require metals or gas or oil. eta: wood for steam power engines. |
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I only wear white gold or silver. Of course, bartering will require metals or gas or oil. eta: wood for steam power engines. Me, too.....  Hello, beautiful lady!...
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Edited by
Sojourning_Soul
on
Mon 10/06/14 04:48 PM
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I only wear white gold or silver. Of course, bartering will require metals or gas or oil. eta: wood for steam power engines. Food, water and skills too. Poor idiots in DC are gonna have to work for a living when their hoarded/extorted/stolen FRN's are worthless Of course you ladies are always sitting on a valuable commodity  
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Edited by
fleta_n_mach
on
Mon 10/06/14 05:41 PM
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I only wear white gold or silver. Of course, bartering will require metals or gas or oil. eta: wood for steam power engines. Me, too..... Hello, beautiful lady!... hey, cutiepie  ya know there's gold in these dher hills up here? yup. I've seen gold dust in the creeks and in the quartz. Platinum would be sweet to wear too, eh? Alas, the copper they pull out of here would turn me green. 
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my silver just went up. 8 cents a troy ounce.... at this rate I'll be rich in no time..lol... I loaded the.. spot market prices of metals on my phone..
. it is very interesting to watch.. . within a two minute span.. a million troy ounces of silver gets dumped on the market.... creating a ripple effect across the market...ohh.. I think I found a new hobby..lol.. . |
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