A gallon of gas for a dime

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SFC I-Side

SFC I-Side

Sicc OG
#1
Dec 12, 2006
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#1
Tonight in the GOP debate Ron Paul said he could get the American people a gallon of gas for a dime, with a silver dime which is now worth 3.75

I really got turned onto Ron Paul in 07-8 and wanted to buy gold but I was workin a 8.50 job and barely had enough money for all my grocceries...and beer. anyway I would really like to throw my money into some silver but I am a novices novice interms of these kinds of investments, could anyone on here suggest some articles or websitres or basic suggestions on how best going about buying silver from a credible company??

thanks
 
5-Dime NwK

5-Dime NwK

Sicc OG
#3
Nov 1, 2004
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I actually bought gold/silver in March and again in May.

I went to a local coin shop and bought one ounce coins of gold and silver.
I paid a dollar over spot price when I bought my silver the first time but then I paid 5 over the next time.
I really don't know companies to buy small amounts from. The coins shops have capital gains tax and they made me spend at least $1,500 to avoid the tax.
If you're really interested in the physical metals market, hit the links in my sig.
The metals blog is what I read and helps me determine when to buy and whatnot.
The dollar is depreciating every day, might as well take those savings accounts and turn them to gold/silver.
Like Wu Tang says, Protect ya neck.

Current spot price: Au: 1800.5 Ag: 39.78
I bought my gold at around 1530 and my silver at 38 and then again at 49 (fail, i know) but the analyst that I read, Turd Ferguson, thinks gold/silver should be way up by the end of the year to near 2000/50. Time will tell
 
T

ThaG

Sicc OG
#4
Jun 30, 2005
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#4
I don't see how buying gold is going to save in you in the conditions of societal collapse. That's a very foolish attitude to have, just as foolish as the people who are stockpiling canned food and arming themselves. Sure, you can survive for a while with you canned food, and you will be better off than the rest if you have gold while hyperinflation is raging. But those are individual and temporary cushions that do nothing to solve the structural problem which if left unaddressed will still get you in the long run.

The only meaningful thing to do is collective action to do the necessary things to avoid complete breakdown of social order and total civilizational collapse. But that's never going to happen if all people think about is how to survive in the short run. That's kind of thinking that got us into this mess in the first place, therefore it is not the kind of thinking that will get us out of it
 
SeriouslyThug

SeriouslyThug

Sicc OG
#5
Jan 31, 2008
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^ for once i agree with you.

but ill add on that i believe a civilizational collapse needs to happen for any real lessons to be learned

edit: that is, we all need to DIRECTLY perceive the implications of our actions.
If we just expect each of us to be "taught" about what could happen if we dont change our ways, all implications of such a thing will be missed, and the tendency to live like we currently do will always remain waiting to rush out of us all over again.
 
5-Dime NwK

5-Dime NwK

Sicc OG
#6
Nov 1, 2004
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Societal collapses have happened a throughout history. Will will never learn because the powers that be have an agenda.

Gold/silver/guns/ammo/food are all things to store. Like you said, doing that for the individual won't help the problems in society but at least you're protecting yourself and your family. When the U.S. financial system finally collapses, I will be glad I had my gold/silver instead of a "savings" account full of fiat federal reserve notes which are worth nothing.
Those with gold/silver/guns/ammo/food stored will be much better off than those with a stack of fresh $100 bills.
It's all a personal choice, I choose to believe that we are probably fucked, so why not prepare for it.
 
T

ThaG

Sicc OG
#7
Jun 30, 2005
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#7
SeriouslyThug said:
^ for once i agree with you.

but ill add on that i believe a civilizational collapse needs to happen for any real lessons to be learned

edit: that is, we all need to DIRECTLY perceive the implications of our actions.
If we just expect each of us to be "taught" about what could happen if we dont change our ways, all implications of such a thing will be missed, and the tendency to live like we currently do will always remain waiting to rush out of us all over again.
Click to expand...
We can not afford to let civilization collapse just so that we learn our lesson

1. We are not going to learn any lesson, if civilization collapses, it will be back to barbarianism, and barbarians aren't very good at learning lessons or preserving complex knowledge. Currently we, where by "we" I mean the collective knowledge of humanity (it is very few individuals who actually "get it") understand our situation only because we can afford to support a class of people whose job is to think about and figure out things together with the infrastructure necessary for them to do that work. Those are the first people who will disappear during a civilizational collapse, and with them whatever lessons could have been learn

2. When civilizations have collapsed in the past, it was always a local event, and whatever damage the process caused, was also local. In adjacent or far away areas other civilizations survived. Now it is one global civilization which can collapse in such a way that it will prevent any other civilization from rising from the ashes - the prospect of a barely habitable world after it is all over is very real, to say nothing of the fact that we will have exhausted most mineral resources such a civilization would need to develop.

So that's not a game one can afford to play,
 
T

ThaG

Sicc OG
#8
Jun 30, 2005
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#8
5-Dime NwK said:
Societal collapses have happened a throughout history. Will will never learn because the powers that be have an agenda.
Click to expand...
It is not at all about the powers that be. You don't understand at all the situation if you think it is because of them. The powers that be do the things they do because their behavior is driven by the same biological instincts that drive the behavior of people without power. The only difference between the people with power and those without is that the former have power and the latter don't. But fundamentally, with respect to sustainability, they are pretty much the same. They don't "get it" to the same extent and they don't understand how the biological and evolutionary legacy of our species drives our behavior to the same extent.

The "us vs. them" thinking where "us" is the people on the bottom and "them" is the people at the top is not at all productive because it goes straight past the core of the issues.

Gold/silver/guns/ammo/food are all things to store. Like you said, doing that for the individual won't help the problems in society but at least you're protecting yourself and your family. When the U.S. financial system finally collapses, I will be glad I had my gold/silver instead of a "savings" account full of fiat federal reserve notes which are worth nothing.
Those with gold/silver/guns/ammo/food stored will be much better off than those with a stack of fresh $100 bills.
It's all a personal choice, I choose to believe that we are probably fucked, so why not prepare for it.
Click to expand...
You are fooling yourself that you are protecting yourself and your family. Your stack of food and ammo is not going to last forever, not to mention that if you have those things, you automatically become a magnet for those who don't have them. You may last a few months or a few years, but without a functioning society which to provide you with the things you need but you can not produce yourself, with safety, and with vital services such as medical care, you are not going to last very long.
 
5-Dime NwK

5-Dime NwK

Sicc OG
#9
Nov 1, 2004
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#9
Once again you breeze past the point that it is better to be prepared than not. The people without guns will have a more difficult time than those with guns.
The collapse of our society doesn't mean everything would go back to the stone age. There is a large amount of knowledge roaming the general populous as well.
The reality of our situation in America is we have no money. The government programs that "protect us from ourselves" are bankrupting the country. Add that to militarism and the only way to pay for this is to create credit.
Every time the Fed add some more zeros to their account and then introduce that into the marketplace, the value of our dollars go down. At the same time, the value of gold/silver goes up. That 1% interest savings account isn't growing with inflation at all.
My gold/silver will retain their value.
Hyperinflation or stagflation are a real possibility in the United States. You can roll the dice, that's on you.

Edit: I do agree with you on the us vs. them thinking. Most people would do the same if given to power to do so. That was why the founding fathers wrote a constitution. To protect the people from their government.
 
T

ThaG

Sicc OG
#10
Jun 30, 2005
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#10
Nobody disputes that it is better to be prepared than not to be. But I see little value in that if one takes the big picture view of things. which is what I do
 
Mr. Nice Guy

Mr. Nice Guy

Sicc OG
#11
Nov 24, 2003
6,307
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#11
ThaG said:
It is not at all about the powers that be. You don't understand at all the situation if you think it is because of them. The powers that be do the things they do because their behavior is driven by the same biological instincts that drive the behavior of people without power. The only difference between the people with power and those without is that the former have power and the latter don't
Click to expand...

Is it just me, or does this seem like something myself or maybe I Poku would usually state, and you would contest? :confused:
 
Lordbyron

Lordbyron

Sicc OG
#13
Oct 6, 2005
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#13
ThaG said:
I don't see how buying gold is going to save in you in the conditions of societal collapse. That's a very foolish attitude to have, just as foolish as the people who are stockpiling canned food and arming themselves. Sure, you can survive for a while with you canned food, and you will be better off than the rest if you have gold while hyperinflation is raging. But those are individual and temporary cushions that do nothing to solve the structural problem which if left unaddressed will still get you in the long run.

The only meaningful thing to do is collective action to do the necessary things to avoid complete breakdown of social order and total civilizational collapse. But that's never going to happen if all people think about is how to survive in the short run. That's kind of thinking that got us into this mess in the first place, therefore it is not the kind of thinking that will get us out of it
Click to expand...
Very European...
 
Lordbyron

Lordbyron

Sicc OG
#15
Oct 6, 2005
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#15
So... Europeans have a different relationship with guns than Americans... Makes sense it would seem "foolish" to arm yourself... Or to think the only "meaningful" thing to do is "collective" action...
 
T

ThaG

Sicc OG
#16
Jun 30, 2005
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#16
What makes you think that different perspectives are equally valid or that it matters which perspective comes from where?
 
Lordbyron

Lordbyron

Sicc OG
#17
Oct 6, 2005
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#17
ThaG said:
What makes you think that different perspectives are equally valid or that it matters which perspective comes from where?
Click to expand...
I don't think different perspectives are equally valid... Particularly European perspectives on the United States... But perspective accounts for something...? Where it comes from may help its validity... May not...
 
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