|
This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads and the security checks. It's Free!
To participate in the forum you must log in or register. | Author |
 Replies: 51 / Views: 4,950 |
|
|
|
Valued Member
United States
299 Posts |
Sorry to go back to the OP but....
IMO - and I am no ex spurt - if the US does no raise the debt ceiling, then the temporary fear and panic/pandemonium wil raise the price of PMs
OTOH,
If the US does raise the debt limit, the additional printed money will continue to do as it has, devaluing the dollar and raising the price of PMs.
Whale oil beef hooked! We PM investors win either way
|
|
Pillar of the Community
United States
4008 Posts |
Quote:
Sorry to go back to the OP but.... Yeah, there's one of you yahoos in every crowd! lol Seriously, though... I agree that the future is looking bleak enough that no matter quite how it unfolds, owning some PMs will be a very good thing. I cannot see a scenario that occurs wherein PMs become worth significantly less than they are today. Yes, the price of PMs does fluctuate. It always has and likely always will. That aside, I would FAR rather own $50k worth of gold than $50k worth of FRNs. Put both in a bank SDB, wait 20 years, and see which one will buy a very comfortable life style and which will buy a few groceries. I think that we all know which one will do what!  |
|
Rest in Peace
United States
9104 Posts |
Quote:
The government needs to quit chasing social security. That will be the #1 cause of government spending and it is entirely unsupportable as it currently stands. If they do keep it, they need to have some kind of cap on it so that you can not get more then a set % (and a smallish one at that) more then you paid into it. Under duress, my employer and I were forced to pay into an annuity that will provide a little money when I retire. Unlike with a real annuity, I can pay into it for 50 years, but get the same benefits as someone who only paid in for 10 years. Now, people want to cap my annuity or even eliminate it, voiding my policy. Sorta like paying to insure a million dollar house, only to be told that they checked my bank balance, and I can afford to replace it without them having to honor their contract. Or buying health insurance that covers me until I get sick. |
|
Pillar of the Community
United States
4008 Posts |
There ya go again, Fredd... operating under the assumption that the money that you worked hard for, saved, and invested is actually yours and not the government's to do with as IT sees fit.  |
|
Pillar of the Community
United States
931 Posts |
Fredd, let me know if you need any money. I'll sell some of my stuff to help you out if you have any trouble meeting your bills. I'll dump my silver since joe says that it's worthless. I'll sell my Buffaloes too since joe says that they're fake. Let me know. We could also throw a coin community benefit too. We're here to help.
|
|
Pillar of the Community
United States
4008 Posts |
Quote:
I'll dump my silver since joe says that it's worthless. Too late for that, Junior. One Joe Has Spoken, no one will buy your worthless silver. |
| |
Replies: 51 / Views: 4,950 |
To participate in the forum you must log in or register.
 
- 1974 San Marino 20 Lire, PCGS MS-67, San Marino, Lobster
- 1795 Liberty Cap Large Cent, PCGS AU-58+, S-76 Struck Over 1794 S-71, Jeff Garrett Discovery
- 2026 Declaration Of Independence Quarter With July 4th Privy Mark, PCGS MS-66
- 1978 Mexico - 10 Centavos W/Straight Clip
- 2019 P Nickel: WDDR-005
- 1994-P Nickel Overpolished Die?
- 2022 10c Double Clipping Error
- 1871 Victoria Sovereign, London
- Possibly Merovingian 8th Century
- Specie Payments Suspension And Gold Coin Circulation After 1861 In The Usa?
- Looking For Nic-A-Date Pro's And Con's
- 2021-P Nickel With Feeder Finger Damage.
- 2025 P Nickel With DDR.
- 2021 - P Lincoln Shield Cent With Uncentered Broadstrike, Stiff Collar, And Ffd (Coin #3 Of 3)
- 2005 - D Lincoln Memorial Center With Broadstrike (Coin #2 Of 3)
- 2000 - P Lincoln Memorial Cent Wide AM Gift
- 1999 - P Lincoln Memorial Cent With Broadstrike (Coin #1 Of 3)
- 1872-H Off-Centre Double Struck 25 Cent
- 2026 Trump Dollar Coin - Strikethrough Or Ding?
- 2000-P Nickel With Concentric Lathe Lines On The Reverse.
- How To Spike Interest In The Comic Art Series
- 1974 San Marino 20 Lire, PCGS MS-67, San Marino, Lobster
- Explore Rare And Collectible Coins From Specialist Dealers On Ma-Shops.
- 20 Questions! (Forum Game) 11/04/24
- 1795 Liberty Cap Large Cent, PCGS AU-58+, S-76 Struck Over 1794 S-71, Jeff Garrett Discovery
- 2026 Declaration Of Independence Quarter With July 4th Privy Mark, PCGS MS-66
- How Far Back Can We Go? Ninth Edition!
- Post Your United Kingdom (Great Britain) Coin Acquisitions.
- Purchased A Small Celtic Hoard
- Post Your Coins With Coats Of Arms, Shields, Crests, Crowns, Etc.
- Around The World With Coins - A Coin Geography Game
- Specie Payments Suspension And Gold Coin Circulation After 1861 In The Usa?
- Coinstar Finds! (Including Bank Counters And Other Machines)
- New Coin Purchases, Slerk
- 1623 2 Thalers, Germany, Constance, D-5175, PCGS XF45
- 1978 Mexico - 10 Centavos W/Straight Clip
- 2019 P Nickel: WDDR-005
- 2026 Trump Dollar Coin - Strikethrough Or Ding?
- 2022 10c Double Clipping Error
- 1994-P Nickel Overpolished Die?
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use
|
| Coin Community Forum |
© 2005 - 2026 Coin Community Forums |
| It took 0.19 seconds to rattle this change. |
 |
|
| |
| |
First Page
Previous Page
Posted 07/16/2011 6:33 pm
