Is the government reaction to the pandemic just a ploy to cover up a pending collapse of the U.S. dollar ?

hanimmal

hanimmal

Well-Known Member
DrKiz said:
The thread that he started WAS going fine and generally ON TOPIC.
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Bumping a propagandist titled thread along the way.

It is completely rational that with the amount of coins I always had around when waiting tables and years later never really having coins anymore (use CC/Debit for basically everything) that as soon as we have a national pandemic and restaurants prove to turn into super spreader locations and shut down.

That the availability of coins would dry up as well as people who pay in cash withdraw coins and not as many make it back into circulation as places are shut down that those coins would normally find their way back into circulation.

But that doesn't mean that their is some 'collapse of the US Dollar like the propagandists selling conspiracy theories would like people to believe.
 
S

schuylaar

Well-Known Member
hanimmal said:
Bumping a propagandist titled thread along the way.

It is completely rational that with the amount of coins I always had around when waiting tables and years later never really having coins anymore (use CC/Debit for basically everything) that as soon as we have a national pandemic and restaurants prove to turn into super spreader locations and shut down.

That the availability of coins would dry up as well as people who pay in cash withdraw coins and not as many make it back into circulation as places are shut down that those coins would normally find their way back into circulation.

But that doesn't mean that their is some 'collapse of the US Dollar like the propagandists selling conspiracy theories would like people to believe.
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this is exactly what it is- most everyone is still home that can be.
 
DrKiz

DrKiz

Well-Known Member
hanimmal said:
Bumping a propagandist titled thread along the way.

It is completely rational that with the amount of coins I always had around when waiting tables and years later never really having coins anymore (use CC/Debit for basically everything) that as soon as we have a national pandemic and restaurants prove to turn into super spreader locations and shut down.

That the availability of coins would dry up as well as people who pay in cash withdraw coins and not as many make it back into circulation as places are shut down that those coins would normally find their way back into circulation.

But that doesn't mean that their is some 'collapse of the US Dollar like the propagandists selling conspiracy theories would like people to believe.
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I always like your posts. You present yourself well. Never attack. Well formed logical arguments with sources to back them.

Now I’m not saying I always agree, but I appreciate an intellectual discussion.

And as far as “the coins”. Yes, that’s the most obvious conclusion to me as well Hannimal.
 
londonfog

londonfog

Well-Known Member
blu3bird said:
Questions about buying precious metals -

What's the best to buy, gold or silver?

If I was to buy precious metal, can I just add it to my Roth/IRA or should I physically hold on to the coins/bars myself?

Where's the best, safest most trustworthy place to buy precious metals?

Ultimately, if SHTF, precious metals are only worth what someone wants to pay for them?
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both are good ..gold is better. silver more volatile but cheaper. Keep in mind silver also has more industrial uses than gold..that can actual be good or bad due to industrial economic success or bust
 
londonfog

londonfog

Well-Known Member
DrKiz said:
I wouldn’t trust paper silver. I only hold physical. And not where I live. Lol.

I go to a bullion dealer. You have to find one you can trust though.

You want to find one that doesn’t charge heavy premiums.

For example, the guy I go to usually sells silver at spot price plus 5%. Pretty unheard of rate, though. Since Covid he’s spot plus 10%. I haven’t bought though. I got in cheap years ago.

He buys at spot. Maples or USA oz coins it’s spot plus $2.

Fair I think. Hard to find a fair dealer. (Dealer.. the irony)

Make sure your dealer has a tester. PMI machine. Positive Material Identification. (XRF analyzer). Wouldn’t buy if I couldn’t verify. More fakes with large bars. Oz’s are rarely faked but it does happen.

I have personal access to XRF/PMI and other restricted analytical tools so I’m not concerned with fakes.

As far as SHTF. The precious metal you want is lead, and lots of it.
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another thing about sliver versus gold is storage space. Sliver takes way more space than gold to store
 
DrKiz

DrKiz

Well-Known Member
londonfog said:
another thing about sliver versus gold is storage space. Sliver takes way more space than gold to store
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Tell me about it. I have both. I'll eventually cash some out to buy another house to rent, and save the rest for my daughter's inheritance.

I do gold too. If the ratio gets closer I'll exchange all silver for gold.
 
Rob Roy

Rob Roy

Well-Known Member
blu3bird said:
I may or may not be part of the coin shortage problem, I have two 5 gallon buckets filled with nickels, dimes and quarters. I've been throwing all my spare change in them for years and should probably turn them in for paper money sometime soon. I just don't have the time to count and roll that shit up. Sorry about that.
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Likely you could have a few grand in change. Probably some older coins in there too, maybe even some silver.
 
DrKiz

DrKiz

Well-Known Member
Rob Roy said:
Likely you could have a few grand in change. Probably some older coins in there too, maybe even some silver.
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That good ‘ol “junk silver”. Liberty dimes going for about $2 USD with quarters at about $6 USD.

Thanks gramps!
 
Rob Roy

Rob Roy

Well-Known Member
“And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?… The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt! If…if…We didn’t love freedom enough. And even more – we had no awareness of the real situation…. We purely and simply deserved everything that happened afterward.”
― Aleksandr I. Solzhenitsyn , The Gulag Archipelago
 
doublejj

doublejj

Well-Known Member
Rob Roy said:
“And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand?… The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt! If…if…We didn’t love freedom enough. And even more – we had no awareness of the real situation…. We purely and simply deserved everything that happened afterward.”
― Aleksandr I. Solzhenitsyn , The Gulag Archipelago
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Dig!.......
1601486408588.png
 
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