i am not too much of a fan of silver futurist but his latest video is LOL [youtube]http://www.youtube.com/watch?v=kadKPy-O84A[/youtube]
Matthew. He sure has those chickens in full production. Ten dozen eggs gets you 1oz silver so it seems. Regards Errol43
Man i want whatever drug hes on...hey wait hes high on Silver like me!...but i dont have chickens...damn
Lol you guys are funny. I've been watching Joe's clips now for a while and I chat with him on Paltalk. I assure you, he's not a drug addict. He's very carefree and natural. He's into organic foods, does yoga, plays chess and lives very simply, albiet in a beautiful location with a decent deal of self sufficiency. He's actually VERY smart and well educated about the 'system' (tm) and if you can spend a while talking to him to pick his brains, you'll realise that what goes on in front of the cameras is really just all for show. He's a high energy individual that's more or less high on life and having a good time keeping his subscribers watching his vids. He also has a LOT of PMs... trust me on this
Auspm, im sure Joes a good bloke,really hyper..and as you say high on life...and good on him! World would be a boring place if we were all the same..... Oh yeah just noticed we passed $30 Aus,back to where we were.....
So, lets say I stack my silver for a period of time and eventually decide to liquidate. But while I've been stacking, the world benchmark currency has turned to garbage and hyper inflation is rampant. Although I may get hundreds of dollars an ounce for my silver, it may only be worth slightly more in real terms than it is today! Any thoughts?
Then it's performed admirably - your wealth & spending power have been preserved, which would not have happened with fiat.
Yes this is exactly why some ppl stack as money in the bank is going backwards and money in PMs is either holding ground or going forwards... simple decision really
argentlust - historically precious metals have keep up with inflasion ,hence why there often refered to as a 'hedge'. Key word here is purchasing power...but if fiat has gone that bad to the wall,it would be surprising not to see some increase in the purchasing power of precious metals compared to fiat.
...and we're back over $30 AUD this morning. No longer a case of monster box angry, monster box smash!