Silver getting creamed..

[tmosley]

because this isnt a pink sheet stock, where volume is less than 1 million or two. three or four people that buy or sell here, are NOT going to change the price of silver, as the whole world now has a say in the fluctuation of price.

everyone is going to be a seller in PM, no one buys it never planning on selling it.

I never plan on selling my silver.

I plan on spending it. There is a subtle, but profound difference.

 

[Original_Intent]

I never plan on selling my silver.

I plan on spending it. There is a subtle, but profound difference.

That's exactly where I am at. Right now I am in accumulate mode - accumulating any and all things that I think will be of use during the crash and also during the rebuilding phase. Right now I am trying to accumulate what I can get most cheaply now that would be very valuable in a "Greece" scenario.

 

[Wolverine302]

I never plan on selling my silver.

I plan on spending it. There is a subtle, but profound difference.

I highly doubt things will get so rough that super markets charge by troy oz's for food. I refuse to believe that.

 

[Dr.3D]

I highly doubt things will get so rough that super markets charge by troy oz's for food. I refuse to believe that.

Well, of course they would have to give change. I sure wouldn't give them an ounce of silver for a single candy bar.

 

[Travlyr]

I highly doubt things will get so rough that super markets charge by troy oz's for food. I refuse to believe that.

I would not consider it "rough"; using real money in transactions would be liberating.

 

[squarepusher]

silver opens in 55 minutes!@

 

[nayjevin]

Old silver dimes are good for trading, I would think, but they are not .999 silver.

What do you guys think about this stuff for trading?

http://www.apmex.com/Category/860/Industrial_Silver.aspx

If it was way cheaper that way, I'd probably go for it. Should I buy digital scales? How will people determine fakes in a 'greece' scenario?

 

[nayjevin]

also, how long does tobacco keep in the freezer?

 

[tmosley]

I highly doubt things will get so rough that super markets charge by troy oz's for food. I refuse to believe that.

It's not necessarily a matter of things getting rough. Either the government transitions to honest money before it becomes a catastrophe, or the people do it themselves. Only if no-one takes action will things get "rough", and at that point, those owning the metals (not to mention having had the longest time to accumulate at suppressed prices) will command far more purchasing power than they would have otherwise.

But it's going to happen. Faith in fiat currencies has been severed at the root. It is only a matter of time until the whole thing comes toppling down. Whether or not it is done in a controlled manner is the question.

 

[tmosley]

also, how long does tobacco keep in the freezer?

6-12 months. Perhaps longer if you soak them in glycerol first (which prevents ice crystals from damaging the cell structures). I don't know if you could get the stuff out when you were read to use/trade it, though. You might be better off growing your own.

 

[Wolverine302]

Well, of course they would have to give change. I sure wouldn't give them an ounce of silver for a single candy bar.

Either way, you would still be selling silver at the end of the day. You're selling your silver and buying a good or service.

 

[Wolverine302]

Silver is considered the poor man's gold.

Speaking of silver and pink sheets... check out KATX.

 

[tmosley]

If you want small change, copper and nickel work just as well as they did 100 years ago. A penny's worth of copper is still only worth two cents today. Two pennies is probably fine as a smallest monetary increment. You could probably make a nice ten cent piece from copper. Larger change could be copper with a small amount of silver embedded in it (think about the euro coins, which are made to look like silver with gold embedded in them).

 

[nayjevin]

6-12 months. Perhaps longer if you soak them in glycerol first (which prevents ice crystals from damaging the cell structures). I don't know if you could get the stuff out when you were read to use/trade it, though. You might be better off growing your own.

Thanks, glycerol didn't sound healthy, but a quick search and I see it's a common additive and used in e-cigs. I think I'd just go mason jars anyway, but interesting.

 

[muzzled dogg]

silver back up today

 

[tmosley]

Thanks, glycerol didn't sound healthy, but a quick search and I see it's a common additive and used in e-cigs. I think I'd just go mason jars anyway, but interesting.

Yeah, your body makes glycerol. It attaches long strings of hydrocarbons (with an -OH group on the end) to form fat. It breaks it down like it does sugar (basically, you would be storing it in a type of sugar--one that is a liquid at room temperature).

The Swedes use it to make snus, a type of snuff. It's also used to thicken and sweeten liqueurs

 

[Wolverine302]

silver back up today

Hell ya, who called it??!

 

[JosephTheLibertarian]

Hell ya, who called it??!

not you

 

[Wolverine302]

My toliet is clogged, can you do something about it? Kthx.

 

[Uriel999]

buy!