One Bubble Is About To Pop... And It Isn't Silver

It amazes me when I hear people say raising taxes will help our problems. This is historically NOT factual. Even JFK - on the Democratic side of the fence back in the 60's said that taxes are raised in order to curb prosperity. Bill Clinton tried to liken himself to JFK saying his policies were the same as JFK's, when, actually, Clinton's were the opposite. Clinton and the current administration both were for raising taxes.

The facts of the matter are that when you allow people to keep their own money - what do they do with it? SPEND. This creates more need for goods; this makes a need for more jobs; this boosts industry; and this raises the GNP and economic prosperity. This also makes for more tax dollars being taken in by the government. This IS the historically proven system that the US used to become prosperous.

The "rich" people who would be dumb enough to stash their money they were not taxed instead of re-investing into their business are the ones pushed out of business by the very root of capitalism - competition. The people lining their pockets instead of growing their business end up behind the cutting edge of business and fail

Just think what would happen right now if gas dropped to 1.00 a gallon. Let's face it, people would be rushing to buy large screen TV's, new computers, pay off their mortgages, etc. with the tremendous amount of money now in THEIR OWN pockets where it belongs. All businesses have more money, banks have more money to play with, and the government would get more tax money.

This WAS the mindset in the golden years of America's economy. History has proven it works. Give the people their own money and the economic woes melt.

Right now it is my opinion that "junk silver" is one of the best things to buy. b/c:
1. It is a PM that will keep its value for buying items.
2. Everyone - if the dollar collapses - knows what a dime, quarter, half dollar are and would more readily trade you what you desire for one of these than for a bar of silver which - to their eyes if unaccustomed to these things - could be counterfeit.
3. Remember that even if the government would try to confiscate silver and gold again, they traditionally leave out any coin of numismatic value. No one can tell me that even a 1964 dime does not have a numismatic value - look in any coil folder and see if it has a hole for one.

The problem with the economy was the government was raising taxes and wasting them. Let us have our OWN money, as a whole we spend it, and there are more tax dollars generated! Write your congressmen and tell them non-tampered-with history PROVES cutting taxes makes the economy healthy. Pay your fair share of taxes yes - it is our duty. But ANYTIME the government takes more control it causes disaster. The P.O., SS, medicare, medicaid, and every other place the government puts it hands is in financial trouble b/c THEY cannot handle our money responsibly.

- former history teacher

This would be the fine print at the bottom.........gotta love the internet when you say one thing and then let everyone know that just because you said it does not mean its true......i will continue my investing of physical gold and silver as a retirement security ontop of my 401k.....i obviously am not a professional investor of any kind and am only doing things based on things I've read and heard.....but no one can know the future so you mind as well have a little bit everywhere rather than have all your eggs in one basket.....nothing is set in stone to be a perfect investment....anyone that knows the future please pm me and let me know what to do next

Aah, the Laffer curve something that's obvious to every mathematician but not to every economist...

My Three Cents of comment:
- If the government values its POWER over all it keeps taxes above the optimal point.
- If the government values its MONEY over all it keeps taxes at the optimal point.
- If the government values its PEOPLE over all it keeps taxes below the optimal point.

Yeah, right! Anyone who knows the future will be VERY quietly exploiting their knowledge and not blabbing about it.

As to raising taxes? Heck, yeah! People need to learn that an irresponsible spending orgy HAS consequences. They will not grasp this concept until it bites them in the buttocks... or wallet, in this case. I agree that raising taxes will never solve irresponsibility but it WILL show people that government spending costs them REAL money... and the sooner, the better.

great read

Pretty well, actually. Some time ago, I invested in oil and gas company stocks, agricultural commodities, and physical silver bullion. All of these are working pretty well at the moment.

Not that I am in any way immune to the pain and suffering of my fellow citizens. Unemployment is WAY too high for our nation's good... and it definitely is not the silly 9% number that the government keeps telling us it is. Try 16-18% and you will be MUCH closer to the truth of it.

Neither is inflation at the currently stated 3.6-3.8% as the Fed and the government keep saying. It is a lot closer to 10-12% than it is to 4%. But, silly me, I count the costs of food and fuel in my calculations, unlike the Fed. Why do I do that? Because they are necessary for life and there are no substitutes for them! One trip to the gas station, heating oil company, or grocery store will completely put the lie to the inflation numbers that the government and the Fed are spewing.

The so-called mainstream media is fully complicit in all this, as they are not fact checking these extremely important numbers as they would do if they were not in on the hoax. Because of this, it is necessary to access the alternative media available on the Internet. Using multiple sources allows us to zero in on the truth so that we do not have to depend on the comfortable lies that currently pass as "news".

As a scientist, I do not play fast and loose with the numbers when it is politically convenient for me to do so. Unfortunately, the Fed and the government have no such qualms. Real scientists do not have political agendas. They respect the truth above just about all else and dedicate their lives to its discovery and dissemination. Those who do not hold truth in the highest regard are not scientists, IMO, no matter what academic credentials they may hold.

Profligate spending by the government at various levels has emptied the national and treasuries, so even more must be borrowed to continue the illusion that we are not in a depression. They do not want to have a sheeple stampede on their hands, so use soothing words (lies) to calm them down.

Good post photoeric21! The Corporations don't pay the taxes because they have the resources to lobby Washington and write the rules. People who don't like the facts are always asking for proof even if they have no proof themselves.

Five posts in a six six month old thread, and the only mention of "Precious Metals & Bullion - Gold, Silver, Copper, Platinum" was by Ed_B regarding his investments.

Guys, this forum is not for Politics. We have a General Discussion Forum for this. You are free to continue this discussion there. Actually, I encourage it. I have no problem with the discussion, just the forum.