Loading ...otherwise valuable resources in the ground, and that includes gravel and sand, plus refined resources like silver and gold bars or coins held in one’s direct ownership, are going to be the winners. Cheers. Equiz. And I suspect a high percentage of Goldtent readers think this way too. I know that you do.
There’s a good article on Nouriel Roubini, an economics professor at New York University in the NYT that is worth the read. It’s the number 2 most popular article right now.
And besides a brave group of 23 I sit down here planning, preparing, and wondering…when….how, will this effort be vindicated…
I think what is up with that is that at least 30 %, and I would venture to guess likely 50 %, of the people who come onto Goldtent and who are interested enough to enter a Goldtent poll, do not have the interest, nor the courage, nor the energy to get off their fat ass to do so, to get invested in owning physical silver or gold.
It is so much simpler to do buy/sell/hold decisions on a computer for paper/electronic PM products than it is to go to a place to buy some physical silver or gold, and to take it to your safe storage place, and to watch over it. Ever it shall be, in my opinion.
Even though our family accounts still hold some sick, sick PM stocks, we do make the effort to accumulate physical silver and gold when resources allow. And I think the most comfortable thing about this approach is that, as far as I can tell, when you buy a bar of silver for cash there is no cretin/middleman/jinkster/snakeoil salesperson/blue-suited whizzer from New York Toronto or Vancouver standing between you and the silver bar you have just bought.
Just my view of simple thoughts for simple folks. Cheers. Equiz.
..Probably like .03 % of the general population has any Physical !
.Is that how a Bull Market Ends ?….cancelled on account of Apathy ?
Tells you what your dealing with.
….30% of Tent Respondents have 10% or Less Physical…
……15% ….Zero….Zilch…Nada
….what is up with that ?
They represent the 21th century or century 21. I get the two mixed up.
..I guess thats how you can Recognize a Cretin…..th red Tie gives them away every time…
….Anybody sees a Guy in a Suit and red Tie tomorrow….kick em in the Groin for me !
hearing if you have any ideas when to get to the dance early for buying the current prices of physical silver and gold. I never liked getting to the dance too early, but on the other hand it is embarrassing to be too late to the dance. Just seeking your advice on timing for a winning hand in buying physical silver and gold. Cheers. Equiz.
….either way it looks Forked ….hehe
Before he retires from the Treasary wish he will explain the concept of supply and demand.
Good for Midas and you for supporting Midas all these years. I have not seen something like this in a long time ..It may seem small in the giant revolving mess out there but to me it is very important and telling.
..which goes to show if you yell Bull long enough and loud enough..you can scare the Bears into hibernation….
