2020 Collapse
- Thread starter TreasureHunter
- Start date
TreasureHunter
Well-Known Member
This is SHTF. It HAPPENED!
I can't believe it...
I can't believe it...
TreasureHunter
Well-Known Member
And gold, silver are going down, but the USD and EUR are staying strong.
Silence before the storm? Buy PM's now or keep your last cash to buy food and medicine, hygiene products?
Silence before the storm? Buy PM's now or keep your last cash to buy food and medicine, hygiene products?
Definitely hold a few thousand in cash. PMs have got further to fall and we don’t know how this is going to play out.
Oats are a good replacement for fresh veg for a short amount of time (few weeks). Shelf stable, cheap and nutritious. Combine with a few kilos of protein powder and you’re set for some core meals
TreasureHunter
Well-Known Member
Peter Schiff calls the Corona virus pandemic "a pin". He says everyone sees only the "pin", indeed - people aren't aware of the fact that the economy's weakness is not just due to the Corona pandemic, there are deep rooted causes.
TreasureHunter
Well-Known Member
Where hasn’t been in the news is Africa and South America. I shudder to think of the devastation once it hits.
but but aprantly PM's are what EVERYONE wants when teh SHTF
baahahahahahahahahahahaha
nope
as I ahve said over and over cash is king
shit hasn’t hit the fan, buddy. We haven’t seen metals decouple from the paper market, which is totally linked to the general market and all margin and speculation money will have to wash out in a deflation. Then we can all eat our words
which we wil never see unless there is a complete and totally unrecoverable breakdown of society as we currently know it
silver is nothing but a lump of speculation
We might get close. I’d say the patronising cryptonerdologists have more to answer for right now
Silver is speculation? But it's not down thousands in a week. Good luck with your paper!
it has dropped and is still dropping as for "thousands" well as far as im aware silver has never been in the tripple digits let alone the 000's
The Court Jester makes some valid points. But no one needs to speculate any more. You are going to watch it all unfold over the next few months. Probably not a Venezuela scenario but certainly serious. Take your position you feel comfortable with and we will see how the penny drops- so to speak.
I sold all shares in early January and only have like 5kg of silver so im sitting back and hoping it ( the sharemarket) goes much much lower
I might pick me up some bargains -- I 100% know I wont be buying any more silver as I will potentially make 2.5- 3 x on my money on some of these shares once the mania is over
good luck with silver on getting that return I would say.
down down prices are down
might even book another holiday for next year
$99 flights from Gold Coast to Cambodia/Vietnam/Malaysia
might even book another holiday for next year
$99 flights from Gold Coast to Cambodia/Vietnam/Malaysia
pmbug
Well-Known Member
Until there is a currency crisis. Credit market implosion is on tap. Currency crisis waiting on deck.