@ Gothic, a huge thank you for the links on the Queen Victoria busts!! I thoroughly enjoyed the articles, I had not known those portraits existed! I'm familiar with the Queen Victoria on Candian coins and a few on the english farthing. Now I want to look at the different Victorian coins worldwide, it could be very interesting! I fell in love with the Gothic portraits. I never new there was a godless Victorian coin, I new we had one in Canada. I'm definitely going to watch for those 4 portrait silver coins. They seem to be well done. They should also be more reasonable as silver spot falls.
@ silverworld, I'm sorry I can't tell you much about the Victoria portraits, as I'm starting to learn more about them myself. I do know they are very popular with collectors. The veiled portrait was when she was a widow. She reigned just over 63 yrs. queen elizabeth II, is set to beat Vicky's record on sept.9 2015, for longest reigning monarch. Which I think is very cool. Anyone know on how many silver bullion Queen elizabeth II is on and what they are?
My worth is how many OZ's I have. Not how much it trades for at anyone time.
Holding Physical Silver its a state of mind,it simply put is turning your back on the GoV way of doings with Fiat.
Getting rich for holding Physical Silver will be a by product of a failed GoV Fiat. Silver stackers or Gold stackers the real deals do not care about trade value its about turning your back on Fiat. Your worth is how many OZ's you have. Its a state of mind most do not want to face.
Look at it this way,Fiat is not yours,you will only want it if your GoV fiat is healthy. GoV fails you fail that what and does happen to the people when fiat fails you fail.
*Why I post what will effect Silver for the Week by means of Reports/Meetings. Because I can. I hope it will help the little guy get even 1 more gram of Silver that's Why.
I will have more Reports/Meetings that will effect Silver for next week this Sunday. Some weeks are weak which = more or less flatline.
For anyone interested, a fascinating article about how the original laws pertaining to the FED were altered to help pay for WW1 and carried us to the road the government utilizing inflation as a way of paying its bills along with taxes and debt creation:
"Bubbles arise if the price far exceeds the asset's fundamental value, to the point that no plausible future income scenario can justify the price." - Justin Fox
@Gothic,the GoV Poster is worth more then the bonds is my guess at this point.
These articles are good,the last one is worth reading.
The poor get the ruff end of the stick and that pic proved that. Middle Class watch your back or your hood will have the same line up that street had in the last pic Gothic posted.
@realmoney,close is better then far. Good days to you realmoney.
@PC50,thanks for your info on the coin. I will research this coin when and if I add one. If I do add one it will be AU or BU if I can find one.
Okay, but silverworld, your way of seeing it doesn't make sense unless you specifically tell your employer to pay you in silver only. The IRS won't like that so nobody pays that way. The fact that you spend fiat paper to buy your silver means you still support it because you allow the dollars to circulate again into the system. In fact, the way you describe it you should be advocating silver by actually trying to spend your silver into the economy, which you won't because you believe it's worth more than it is currently, hence you do in fact value fiat higher than silver. Are you preparing for a day when there is no more fiat to go around - because if that is the case you should be aware that silver is very abundant. The way you should be doing it is to find a way to stop paying taxes on your income, and that is not something that will end well for you.
I work with gold and silver everyday and my labor is paid for with dollars, not by gold or silver. It's simply a commodity to me, and it's nothing political. Real currency is in skills and knowledge and how you can trade them with society. Silver and gold is nothing but metals, and wanting them for the sake of wanting them is the same as greed.
@Libertad,I work with Silver and Gold all day and its art to me. Which has nothing to do with adding my worth by OZ's.
Everyone has to use Fiat your forced to do so.
I am aware how much Silver is pulled and in the crust of the Earth.
I am aware as well many supplies for Shoes are super cheap but yet they still selling for $100 or $100's. Yet another item with demand for no good reason but Vanity,lets hope Vanity falls in the eyes of people for Silver or not.
Few 1000 other items that cost way over its price to make and sell are priced high. But again I could careless what silver cost to anyone at anyone time I only care about how many OZ's I have its my worth. Not self worth,my worth.
By the way I buy the Mexican Libertad Coins not because it is struck well its not dull and not great detail on the OBV side. I buy them because folks buy them 5-8 dollars over spot.
Why she has no shirt,I love how XXX has value. Mintage is not that low so don't go there please with those coins.
I hope we are done Libertad you made your point and I made some points to you. If you are going to have a on going thing about what or how I value my worth maybe someone else can do this again with you. Go Canada
" I buy them because folks buy them 5-8 dollars over spot." That kind of negates your whole philosophy. I didn't have to do any heavy lifting. By the way I'm not Canadian.
3-Reports for this week that may be helpful to weaken Silver. Most likely we will see more downs for Silver this week. Weak start this Sunday for Silver.3-8-15
Tuesday, March 10th 15:00 - U.S JOLTS Job Openings: The Bureau of Labor Statistics will publish its monthly update on the U.S number of job openings for February, excluding the farming industry; in the last update regarding January, the number of jobs opening increased to 5.03 million; current market predictions are for the number to slightly rise to 5.04 million
Thursday, March 12th 13:30 -U.S. Retail Sales Report: This monthly report refers to February; in the last report regarding January, retail sales declined by 0.8% (month-over-month); core retail also fell by 0.9%; this report also shows the changes in U.S's gasoline retail sales, which could provide some insight regarding the progress in demand for gasoline; current outlook is for a 0.6% gain in core retail sales in February
Friday, March 13 14:55 - UoM Consumer Sentiment (preliminary): University of Michigan will release its preliminary consumer sentiment monthly update; this survey could offer information vis-à-vis the recent developments in U.S consumers' sentiment; According to the recent report, the sentiment index fell to 93.6
Keep Stacking its worth every cent. Takes more dollars every year to buy the same items. Watch your back or you may find nothing to cover it.
Now, all of you know these changes are necessary for a very simple reason--silver is a scarce material. Our uses of silver are growing as our population and our economy grows. The hard fact is that silver consumption is now more than double new silver production each year. So, in the face of this worldwide shortage of silver, and our rapidly growing need for coins, the only really prudent course was to reduce our dependence upon silver for making our coins...
Our present silver coins won't disappear and they won't even become rarities. We estimate that there are now 12 billion--I repeat, more than 12 billion silver dimes and quarters and half dollars that are now outstanding. We will make another billion before we halt production. And they will be used side-by-side with our new coins.
Since the life of a silver coin is about 25 years, we expect our traditional silver coins to be with us in large numbers for a long, long time.
If anybody has any idea of hoarding our silver coins, let me say this. Treasury has a lot of silver on hand, and it can be, and it will be used to keep the price of silver in line with its value in our present silver coin. There will be no profit in holding them out of circulation for the value of their silver content...
Gothic - great story about LBJ. Of course people were going to hoard the real silver coins. Good money always chases out bad. This happened in ancient times too, when their governments messed with the metal composition of their currencies. The more things change, the more they stay the same.
Quote: Silver and gold is nothing but metals, and wanting them for the sake of wanting them is the same as greed.
I disagree with you here. I agree that skills and knowledge are more important than these metals because their returns continue. Gold and silver are just metals. They are also a way to store your wealth, which was created by your skills and knowledge. Without money, we wouldn't have a way to store our individual surplus of what we have produced or offered to society. Gold and silver are just one of the best ways, historically speaking, to store that excess energy to save for a future exchange.
I do not believe it is greedy to save for the future. I believe it is the responsibility of each and every individual to take care of themselves and their families. Storing their excess for the future is great way to provide for their health and safety!
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Posted 03/07/2015 10:57 pm
