Thought this was interesting enough to post
http://www.tfmetalsr...suit-settlement
DB Silver manipulation settlement
Started by
MaryAM
, Oct 18 2016 10:30 AM
3 replies to this topic
#2
NAV
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Posted 18 October 2016 - 10:43 AM
I am still holding my physical silver as a long term investment. It's a long term hedge against the morons we have in the central banks and the criminals we have in the financial system. And i am not selling it for another 5-10 years. My average price is around 16. I will add more if it drops to 8. Above 8, i will do nothing. Just sit and wait...
#3
MaryAM
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Posted 18 October 2016 - 11:34 AM
NAV, could not agree more. I am holding physical metal as well. I don't care what the price does - its how many ounces I have. I recall that I calculated once that if you own even one ounce of gold, with the gold/ per capita of world population at current levels, you have just screwed over 1000 people out of their share. I am with you however, if the price of silver drops - my point is $12 - I'll add to my collection. Coins are also pretty. I think CB's are going to implode at some point and so will the fiat currency system and all of the debt that they are buying. The debt will simply die and go to money heaven - the currency will become wall paper.
#4
dasein
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