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    bought my first 1 ounce gold bar what a mistake

    I think I'm doing a poor job of communicating my thought. I know the US GOV/FED does not dictate the GSR or the values of the PM. The world market determines the value of an ounce of PM in each county's own currency. Or a new currency is created that will determine the cost per ounce...
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    bought my first 1 ounce gold bar what a mistake

    For me, since I live in the USA, would it not be correct to sell my silver at $17 USD to buy gold at $700 USD? Or vise versa if gold is at $850 and silver was at $5 since my country has established this 1/50 ratio? The ratio may be different in other countries, but I think it is only prudent to...
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    bought my first 1 ounce gold bar what a mistake

    If you are referring to the $100 dollar bill then technically that is issued by the FED not the GOV. If the dollar value was to reset I would think it would reset to this 1/50 ratio of gold. The value would be determined by the world's reserve currency (whatever that ends up being) spot price...
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    bought my first 1 ounce gold bar what a mistake

    The US GOV has the Gold/silver ratio as 1/50. This is based on face values of the coins the GOV produces. One ounce gold coin = $50 USD One ounce silver coin = $1 USD Until we get to that point I'm buying silver. Are other Countries "ratios" like this too?
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    The aftermath of the big 3 car company closures.

    Its easy to blame the unions regardless that these car companies have been playing "bank" by financing their autos. Bad loans are weighing down the balance sheets, but yeah its the greedy union workers. Workers who have lost thousands of jobs through attrition due to robots replacing their...
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    sacre bleu - France limits cash payments and restrictions on gold

    America applauds France with this monumental legislation. Look how easy it is to get on a Suspicious Activity Report (SAR) in the great USA: https://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_015.htm
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    Predictions

    I'm sure there are many, so post yours here. I predict that silver spot will be around $60 USD around October 2019-2020. This will also be the bottom year of DOW crash.
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    Silver get CRUSHED - Massive Volume Spike

    I would expect the Quantitative Easing of the EU to make the PM market increase and commodities in general to increase in the next year. Whats the thoughts on that from some of the senior stackers here?
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    Silver VS Gold once and for-all answer the question

    The F-ing New Guy here. I have just started stacking last month. My first investment was silver. I thought about it for a while as to go gold or silver. Here in the states, the US silver dollar is easy to get so I went with silver. Also in a SHTF world, most of the silver mines are in...
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    Up a Buck

    I'm very new to this, I just got in this week at 16.96 for ASE. I think that we should see a rise in silver based on this: http://www.indexmundi.com/commodities/?commodity=silver&months=240&commodity=crude-oil Notice all the points where silver is up and decouples from oil on its downward...
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