Quick Update

Hi CA...Long overdue and not a huge layout of $$$.

If I talk the talk, I have to walk the walk.  

I hope it stays down for awhile to be honest. I know lots of us would feel real good if it shot up so our stacks felt a bit heavier but I want it to stay down for as long as possible.

Just imagine having to decide someday if $50 (or more) is a good price to get in or should you wait and see if it comes back down to $40? We'll look back on this current frustrating sideways action and wish we could buy silver at $30.

Silver getting smacked down a little bit today was like it going on sale :-)

If I were the head of the Dept. of Bullshit (DOB),  A.K.A. the SYSTEM/FED.  You can bet your butt that I am going to LIE MY ASS OFF every day!  I am going to Manipulate ANYTHING that could wake people up to the fact that we are screwed.   I WILL DEMAND that the fine people around me do the same.

Problem?   What problem?

Manipulation?  Where????   

Relax people.....We have it all under control.  Always have.

You're damn right they're going to manipulate Silver/Gold/POSX/Hillary's Hairdo.......ANYTHING! to keep the illusion alive.

Did you go for the XF roll or the AU roll?

I really want these and I'm willing to pay the prem.

XF   

Here's the link.

If possible, try to link to Apmex from this website through an ad. I believe the site gets paid for it.

http://www.apmex.com/Product/43925/10_Walking_Liberty_Halves___90_Silver...

even worse

16,003,417,798,750

but what's half a trillion dollars amongst friends?

I was going to buy some more Franklin's but decided to switch it up a bit.

I bought 4 rolls a few months ago and that was my last silver order besides 97 silver dimes I stumbled upon in-between then. What I really want to do is buy some more gold but I'm holding off for now. 

I need some fractional stuff. 

Sometimes we get concerned about how many fiat dollars our stack is worth.  Actually, the only thing to be concerned with is the size of your stack.  Right now, I can increase the size of my stack with fewer dollars than other recent times.  If I thought that the dollar had any chance of retaining its purchasing power, I would not want to convert it to PM.  However, I do not have any confidence in the dollar, either short term or long term; therefore, I must find a place willing to accept that paper money for something that I believe will retain its purchasing power over time.  For me, that happens to be PM's.  Short version - it's all about the dollar, not about the PM.  Keep your eye on the donut and not on the hole.

How many of the people you work with, or even in your own family also stack?

Sometimes I will find someone who agrees with what I say about the failing fiat system, but when it comes to parting with that fiat in exchange for some real money, they just can't bring themselves to do it.  The proof is in the stack.  Be right, sit tight.

beyond words - I wasn't correcting you - I just remembered someone else posting how quickly it went from 15 to 16 million, I mean gazillion, zimbabwean dollars.  Paging Dr. Evil ...

@Ag4me

I know exactly your point.  I carry around a 2011 American Silver Eagle.  It feels nice.  It is shiny.  It is tactile, and heavy.  It is starting to get worn, and little nicked up.  I like that.  In a decade, it will be worn down a bit, from being in my pocket, and from me holding it, and from showing people.

Strange thing, though, is that every time I pull it out, and hand it to someone else to hold, they look at it, smile, and then hand it back.  Only one person, out of hundreds, has correctly identified the coin as an ASE.  The rest look at me like "Yeah, and . . .?"

I explain that it is one ounce of pure silver.  It represents real money, unlike the paper FRN's which are only a promise, which promise is being broken every day by the FED printing new FRN's from thin air.  

They then look at me strangely.  With no clue, literally, as to what I am saying.  

They ask how much it is worth.  I ask "in exchange for what?"  They again look at me like I am being a jerk or something.  [Well, I am a lawyer, so, maybe that is not too far off . . .]

I tell them that they can exchange some paper in their pocket for some real money, and get their own coin, just like this silver coin, which represents labor and effort, and which will never lose value, and will always be one pure ounce of silver.  It will hold value no matter how many paper FRN's they print out of thin air.

They then usually get around to asking me how much did it cost.  I tell them "a lot less than it should have, thanks to Blythe Masters and the Morgue." 

Right about then is when they walk away with a funny look on their face.

Maybe my approach is wrong?

JD: “Ok BM, we need a breakdown of current price predictions, sentiment and stacking activities of the general public.  What’cha got?  Let’s start first with that guy, Turd, and his minions.”

BM: “Well, JD, sentiment is pretty bad right now.  The tits are wilting.  The stackers can’t stand what we’ve done to the prices of their preciouses; I think they’re about to cave.  Turd just said there is support at 31 and sees favorable prices in the nearterm if our manufactured paper price reaches 33.  What’s the game plan, JD.”

JD: “Arm the WOPRs.  Re-program the HFTs for maximum carnage.  It’s time to drop that price below $30.  Gun that mo-fo.  Make those turdites cry rivers of little diarrhea pooplet tears!”

BM: “Brilliant.  After we hand them their turdicles, they will all blame mighty Turd for leading them astray.  Divide and conquer we must!  We must make Turd the enemy at all costs.”

It is not only the approach but you are talking in an unknown language.  It will take time to educate them on fiat and P.M.s.  The education that this site has given to us is far beyond a sheepskin from the university.  The data given by Mr. T.F. , yourself and many others has taught us that "unknown language".     

Please inform your wife of your plan and give estimate of worth of coins.. Would make for an interesting tip to the nail person, cab, doorman, etc.. I wouldnt be a happy spouse.

Just say'n

You know, I usually don't comment much on the threads, because I don't know as much as any of the rest of folks posting here, but here is my take on it.

I am a new widow, with only a small savings account left by my self-employed husband. An angel on my shoulder told me to put most of our savings in gold and silver to protect the fiat from devaluation by QE. 

I didn't expect to make a bundle every month, and am willing to wait until we see the end of this mad max circus in "pumping it up".

Unfortunately, it all fell down the city sewer drain after an unfortunate tumble off the local transit bus. Arthritis in my hands and feet make me so clumsy!

I still linger here to see how well I would have done, and actually enjoy watching the shenanigans. Some of you do not seem to know "when to hold them", and are too quick to "walk away from the table".

But, I am just an old granny, and know nothing but what my grandparents taught me after living through the last "great depression". You young'uns ought to be studying that timeline.