The down days in Au and Ag seem to follow the up days just as surely as the sun sets in the evening.
All of it, just noise. The long term picture is clear: The U.S. government is bankrupt and we are living on borrowed time. The worldwide fiat central banking system is a criminal enterprise and anyone with two brain cells to rub together knows it.
In 2013′s version of America, revealing the truth about government sponsored false flag terror (like Operation Galdio, Operation Northwoods, the JFK assassination, 9/11) makes you an awful “truther”. Questioning the government’s unconstitutional wars and emerging police state makes you “unpatriotic”. Wanting to END the FED makes you a “conspiracy theorist”. And owning precious metals, well clearly that’s just nuts too. That’s the lesson the PTB wants to impart with days, and many months, like these.
So keep stackin’ physical metals in regular intervals, because unlike paper, silver and gold in PHYSICAL form, is quite literally “precious”.
SILVER: The Achilles’ Heel
Agreed, sir. But it’s still frustrating.
It absolutely is. 100% agreed. But, on the other hand, cheaper is better for those of us with finite resources with which to stack.
Don’t worry, you will have so much opportunity to stack that soon enough silver will be coming out of your ears. I am just not sure whether the works will accept silver vomit in the sewage
There was a gap in the chart that needed to be filled and “technically” that is what is happening in my opinion. Dropped lower than I expected but looks to be coming back up. No big deal really other than you could have saved .75/ounce and it all adds up!
.75 cents won’t matter when this is all over…you either have it or you don’t.
In fact, $10 bucks won’t matter…buy while you still can.
If tech continues, silver will be far more valuable than gold…if not, you will be able to buy anything that your heart desires in a more local world.
Will silver be able to get you by during the dollar collapse or only after the collapse when there is a new silver or gold backed new currency?
I don’t think anyone knows how the end game is going to play out.
I think that you should have and own gold and silver, but not before you have plenty of the basic needs more than well covered. I buy every month no matter what the price is.With that said, many people give projections on what gold or silver may be in a few years. $5000 / $200, I even hear $8000 gold, or that silver will surpass gold.
People who own metals get excited by that, thinking they will be rich. My question to these people is if gold is $5000-$8000, what will the world look like at that point? What will you buy with it, and what good is $8000 gold if there is a mushroom cloud over your head?
I know why we need to own it, I am just not wishing for it to go that high because the world will be much more ugly than it is now if we get to that point.
I would rather have a modest,healty return over a long period, and use the metals to finance my retirement.