JimGilmore
Well-known member
time will tell....
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Silver is Going Crazy!!
- Thread starter Sand Sifter
- Start date
Sand Sifter
Well-known member
Why's that? What's worrying you?
Ohio pull tabs
Well-known member
Cause when silver and gold go up our dollar is losing buying power.
Sand Sifter
Well-known member
Our dollar has been losing buying power for a long time, that's why IMO, Silver & Gold are such great investments and is why I converted my 401K dollars over to Silver & Gold. While the dollar contracts and devalues, Silver & Gold values are rising. I feel confident and safe with Silver & Gold, the dollar, not at all.
Ohio pull tabs
Well-known member
I'm still buying. But our dollar collapsing I'm not to thrilled about. I would like to see everything get stable
Sand Sifter
Well-known member
Don't worry OPT, our country is in the process of moving away from fiat currency and reverting back to a Gold/Silver backed currency, should be in 2026. Once we revert back to Gold/Silver backed currency, we should see stability that we haven't see in a long time. Oh, and we'll also be getting new bills instead of the green ones we currently have. When that happens, everyone with current dollars will be able to exchange those fiat dollars for the new bills.
Ohio pull tabs
Well-known member
I hope you are right
Sand Sifter
Well-known member
Everything will be fine, better than ever in the history of our country.
sprchng
Well-known member
The dollar is losing value to Au/Ag but not so much to other items , at least at this point. The FED will maintain a little inflation regardless because of this idiocy that it is required for growth but as long as it doesn't eat into a persons real buying power its tolerable. Look at things as if the Au/Ag are really just catching up to the inflation we have already experienced and it makes more sense. The manipulation is being driven out just like Ted Butler was preaching for 35 years , wish he had lived to see it. It will correct mightily to that true "caught up with inflation" number eventually in the final reel but the climax could be spectacular!!