I was going to say/post "your" but I didn't want to hear you tell me again how to correctly spell it. And I am NOT gay so you need not fear and protect yourself from my advances by reporting me to admins.
I'm just trying to get to the truth of the Series I Lunar gold 1kg Tiger. Free the truth and cleanse your soul GC
You call yourself a Dealer with comments, you shouldn't Yet, you have drop yours standard of Dealership or is there any... No dealer in the forum have ever involved for what that not concerning their sales... Yours involvement here shows that... Unprofessional Dealer
Locked. Say what you like, this doesn't concern any of yours sale nor involved you in anyway. Plus I don't do anything wrong to you before or dealt with you in anyway. That's show how UnProfessional coming from a Dealer perspective like you. Adding iceblue I believe you run your own Bullion Forum, you are Administrator of your own bullion forum. Coming from an Administrator is definitely very Poor Form giving any of that sorts of comment nothing related to you.
Dont like being called out do you chippy. Trades here mean jack because people deal outside this forum, meetings are a good example, so what if someone only has 8 trades, means nothing. You think just because Iam a dealer, I shouldnt call you out on predatory sales techniques? Lies? SGB is plodding along quite nicely, thanks for the concern. As an administrator of our own forum, you would have been banned long ago.
The topic is Exactly the situation many here claim to STACK FOR If your not on topic your hijacking the thread
So, back on topic, do people consider PMs to be: * insurance against national economic collapse? * a store of value through a global economic collapse? * a hedge against government devaluation of currencies? * a hedge against basic government stupidity and corruption, and the economic consequences? * something for SHTF battering? * as a way to get rich when PMs "go to the moon"?
All of the above, but the way spot is going compared to the economy of the world, one would think, it is no so.
None of the above. I consider some PM products to be an asset in my portfolio but not as a store of value against SHTF or any of the reasons noted above. Other PM products I own I consider to be collectable goods. Those PM's that I treat as an asset, like all assets that I am familiar with, come with inherent risks. PM's are not a panacea and yet they have an insatiable lure for some who believe that if you hold PM's you are holding pure magic. I like silver....it's shiny.
if hyper inflation does occur then the value of the gold/silver will increase proportionately to the decrease in the value of the dollar. in this scenario I hope to sell my pm's to retire my house debt which will remain the same and come out the other side debt free furthermore I see fractional silver as being a trading commodity after the dust has settled somewhat and before a new currency has yet emerged (eg dollar mark 2). in the initial period fuel, medicine, soap, food, alcohol and cigarettes will be the items of choice but after a period of time these items will become available again and people will be looking at trading a reliable commodity for profit rather than survival . that is when your stack comes into play however on the flip side if certain countries get grumpy that their debtors are not paying their loans back then they may choose to just take them back and war could break out in Europe and that's just a lose/lose situation for all.
The thing to watch out for in that scenario is that if you suddenly pay off a large debt, then the government may try to confiscate your assets by utilizing unexplained wealth laws unless you have a full audit trail for all your PM purchases. You're from WA, right? That state was one of the first to introduce unexplained wealth laws. It might be worth exploring further. Edit: worse, the onus of proof is reversed with these laws:
To me it's a very compact and transportable store of value, a way to disconnect from the local currency, an asset completely anonymous and very hard to tax.
