Over the past sixty years this silver certificate has rotted away into near unusable condition while over a much greater timespan, the dollar it once represented has changed little from the day it was struck.
Nobody really thought about it they just didn't feel like carrying 20 fucking ounces of silver everytime they needed to pay the electric bill and they trusted their government too much.
Hudson Smith
If someone with the floor stacker name ever posts an image without hair all over the place I will know they are a fake
How much total gold and silver do you own?
Camden Robinson
Not really, its cool memorobillia at this point and most stackers might want one as a reminder of what their stacking for
Jack Cruz
user. Even though I'm hypercritical of the stacker idea and mentality, you have a lot to be proud of. It takes discipline to organize your finances such that you stack and save. That discipline is something to be proud of.
I'm not personally convinced that the economy will go tits up and the USD will mean nothing, nor am I convinced that the USD will ever go to a PM backed standard. But I do think it's important for people to do their research, make informed choices, and act on them instead of complaining about the world.
You've done the former, so be proud. You have made informed decisions, and you've acted. The emotional gratification of PMs coming in can be considered a bonus...but what you're really doing is what Buffet always talks about: when you get paid, first you make sure you PAY YOURSELF before doing anything else.
I throw my %s into savings, retirement, etc., and you throw a % of yours into PMs. In the end, you're still 'paying yourself' because PMs will never be valueless. So, be content, and sleep easy.
>I may be critical of the strategy, but I can't fault the conviction. Sorry; I'm in the middle of watching the Venezuela videos posted in the last thread...a little teary eyed and emotional.
They're cheap and can be a useful tool to teach people about what money used to be, but besides that there's not much reason to get them unless you're some sort of currency collector. You can occasionally get low grade ones as change from coin shops.
Justin Powell
About 4oz of gold, 2500 Oz of silver, a car and a motorbike. After ten years of hard work that's all I have to my name in the whole world.
Cooper Barnes
Yeah but if you don't wont to carry alot of silver you could just use gold, I mean 1 ounce of gold today is almost 20 hundred dollar notes.
I don't see how paper is any more portable than metal.
Are you kidding Anons? It's a fraction of the weight, a fraction of the size, and you can get it in different denominations that are not tied to its physical dimensions.
C'mon....a 500$ bill weighs the same as a 1$, and takes up the same space approx.
I'm holding 120$ worth of silver in my hand right now...and it's heavier than my wallet that is holding 200+.
That's the benefit of notes and not silver and gold. You don't need a medieval 'purse' to carry wealth, nor can it be cut off your horse by thieves that easily. If I were to be bullish, then I'd say that's the benefit of fully digital funds: you can't get robbed unless someone breaks into your account.
>I want those Krakens...but they've gone up in price over the past few days...
Matthew Gonzalez
That's why they did it in phases. You all really underestimate how lazy most people are, that's why shit like the digital dollar and microchips in your hand is going to fly with most people, they just want to consoom
Lucas Lee
When Gold reaches $3100 an ounce, it will be lighter than carrying around hundred dollar bills.
Christian Parker
Not saying this, i myself am stacking 100% silver so you better believe i'm bullish on it. It's just the current paradigm only use gold for inter-nations trades, but i believe there will be soon a 'split' in trade agreements and that the US-south america-EU coalition will use silver going forward, while Russia-Opep-China will still use gold. Of course there will be a consensus about the new international gold:silver ratio, which surely will be well below the current 1:100, that's why i'm stacking silver. I made lenghty posts explaining my reasoning few months prior, i wish i screencapped them, but sadly i didn't.
The QRD is the US aren't actively purchasing gold since a while, but are using investment banks as forefront to purchase immense amounts of physical silver (especially JPM) while maintaining the prices artificially low. The US and the EU market regulation offices are also actively sweeping under the rug these banksters practices by refusing to prosecute said banks for their schemes. Which lead me to believe the banks are mandated by the US/EU central banks to secretely stack on their behalf.
Not only that, but i recently found something i've not disclosed here yet : banks trading on the comex started to buy huge numbers of shares of silver mines outside the US, especially in mexico/peru/argentina/chile.., but didn't do it under their names, they used shell investment companies to purchase said shares. Why would banks actively shorting silver on the markets, get big positions in the silver mining industry? It's totally nonsensical, you don't purchase something with one hand and hope to destroy it's value on the other hand. Someone could argue they do this to cover their short positions on the comex, but it still doesn't make sense, you can't cover a position with companies' shares, and why would they use shell companies to do so?
There is some kikery going on frens, and i'm determined to find what's up there..
Which PM will have the most gains in the future? Im thinking palladium
Carter Gray
got a kraken on the way. gonna rub it on my balls
Easton Nguyen
silver
Isaiah Bailey
Stay safe fren, you can't enjoy your stack if you get glowie'd!
Evan Hall
We've all seen the silver round that says, "Eternal Vigilance is the price of Freedom". You cannot be free as a lazy consoomer.
Kayden Smith
Got a pic of afformented silve round?
Angel Morales
Of course i meant silver in minecraft :^)
Nathaniel Wright
Okay. You've convinced me. The evidence is leading to this:
1) US dollar is going to hyperinflate. As a result, US will convert to a Silver-backed Dollar, along with a conglomerate of Mexico and other South American nations that produce it.
2) They'll do this precisely because they cannot compete with a Gold-Backed Russia and China, which have both foreseen the impending destruction of the US dollar.
So the question becomes then: how is the gold:silver ratio negotiated? Will the US win because of military superiority, or will Russia+China gold conglomerate win because...amount of PMs stored?
If Russia/China win, then silver might not moon...but if US wins, silver moons...right?
>still trying to figure it out...forgive me, I am drinking.\
I have a fantasy of filling up a fucking treasure chest of these things. A shame they don't do them in gold too.
I'm still watching the Venezuela stuff...man, it's so fucking sad. I'm here rubbing silver while these people starve for want of 1$ USD...
Anthony Hill
if you give me half his gold i won't say anything when you burn him at the stake
Adrian Robinson
Found this one on Ebay, but I've seen other designs incorporating the quote too.
>2) They'll do this precisely because they cannot compete with a Gold-Backed Russia and China, which have both foreseen the impending destruction of the US dollar. I thought the USA bought like 10000000000000 tons of gold this year or last year?
Wyatt Morgan
there’s probably a simpler reason why they are stacking silver than a PM backed currency
Chase Hill
>I'm still watching the Venezuela stuff Same, shit's crazy dude. I'm sitting here thinking wtf would happen if everything in my country suddenly cost even 2x, let alone 100+x.
Connor Hill
>I'm still watching the Venezuela stuff...man, it's so fucking sad. I'm here rubbing silver while these people starve for want of 1$ USD... yeah. it's gonna get worse. think of all the people in the world relying on the USD to sustain themselves and their families it really can get so bad that hundreds of millions, if not billions will die of starvation and/or violence
