whether currencies collapse or not, the world will continue
hehe...it's kinda funny when i first heard about currencies collapse - i felt like the end of the world but the reality is everything still will be as usual except the "money" that we use
hmm...another thought, all banks and governments are happy to print money and create money out of thin air, i really suspect how willing are they to move into G&S or at least anything that tie to it. moving into that direction would only limiting their current freedom....because they simply cant print G&S

This post has been edited by property101: Dec 30 2011, 11:19 AM

Ladies and Gents

The currencies will not collapse per se, only be replaced by another currency simply because it is the most convenient (and lightest) form of exchange. In fact, the new world currency already exists, and it's not the Yuan, USD, Euro or any other currently denominated paper. The new currency is likely to be SDRs (Special Drawing Rights). These then are likely to be backed by gold/silver, depending on whether the world govts agree on the implementation of a gold standard. The gold standard itself is subject to interpretation by each economy that adopts it.

Confiscation of metals are unlikely for world govts as it would not make economic sense, and by doing so would incite civil war. History already shows that countries that went into default didn't do what the US did, and even as it stands right now with the PIIGS nations, things become difficult, but no signs of metals confiscation, however, things can and do change very quickly...

In the meantime when things do get hyperinflated, barter trade is left, so that's why it's good to have a community of like minded people doing different stuff that can be shared amongst them (you wouldn't want to be eating the same food every day during the time the world govts pontificate over what to do).

So, our preparations for extreme conditions (short of a nuclear winter) are handy but may not turn out to be necessary, other than food, water, a roof over our heads and simple means of transportation. The need for guns, bows, arrows, knives and hatchets are probably necessary in areas where one lives in, i.e. affluent areas, simply because of the disparity between the haves and the have-nots will show when hyperinflation kicks in, and I need not illustrate any further on this.

Having said that, there are communities already in existence in the West by like minded individuals in my research. Maybe it is a bonus to have this type of community amongst us as a preparatory move when TSHTF.

Moreso and importantly would be the establishment of a new generation of people who can re-establish a proper govt (non-aligned and with more decency and common sense than the one we have with mudslinging etc) and economy that reflects the better nature of Mankind.

Regards

I enjoyed reading your postings. Keep it coming, and thanks

Thanks Taurusbull. Here's one to end 2011:

Summarising 2011 in 9 charts

May 2012 bring forth more windfall opportunities to us all.

Regards

haha... last year of the day is finally here. i wrote a post related to 2011 year end
the recent price drop is as if a Year End Sales in silver market.
http://silverinmalaysia.com/year-end-sales/
but how do you react to a price drop?

This post has been edited by property101: Dec 31 2011, 09:41 AM

bulk purchase is up in LSGG.
fast fast fast.
time is of the essence.

no money no honey...haha
in this case no silver

alamak...so cham meh
u have been buying at all kind of prices but at the lowest price u say no money pula

There's a possibility of another downtrend within these couple months (Jan/Feb), and the possibility of it being even lower than what we're seeing this past week in the metals. How much I wouldn't want to speculate, but it's coming. So do have some spare cash to "back up the truck", as they say, before the rubber band effect comes into play.

Here's another look back on 2011 (apologies if the charts are huge as it cannot be reduced from the source):











Happy New Year.

haha, thats because I'm collecting different kind of silver, not really averaging stuff, just buying what I would like to collect. Thats why I got poison by the numismatic part of it
If really concern about silver, I would be just buying silver bar and round. So I'm more into looks than the true value of silver

---

Added on January 1, 2012, 11:10 amgood to hear that, hehe. since with silver, there will always be chance it seems since its very volatile

This post has been edited by kei18kun: Jan 1 2012, 11:10 AM

haha...no wonder u use the analogy of
no money, no honey
no money, no silver

seems like u so in love with silver

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Added on January 1, 2012, 11:21 amsince gold is big brother of silver, maybe worth sharing this
http://miricommunity.net/viewtopic.php?f=40&t=46380

This post has been edited by property101: Jan 1 2012, 11:21 AM

.

This post has been edited by smokymcpot: Jan 1 2012, 05:36 PM

wow, great news then since need to keep bullets to shoot more low price silver

The Reuters article illustrates the typical shortsightedness and mentality of the herd, which is good for us.

I would personally like to see PMs drop below USD1400 for gold and USD20 for silver. As well, the exchange for the USD to 3.0. A perfect mix to back up the truck.

That might look like one big truck there

oh i see...Hi Chris... we met at Pelita juz now...

Oh hi Alex ..... you certainly look different here ..... nice to meet u

USD 28+ (today) still consider quiet cheap compare to the time I used to buy around USD38+

how come no silver fever?

Guys, we were discussing paper vs physical recently. I read an interesting article below and i thought i share with you all. You can also go to his website to look at his other postings.


TPTB Are Screaming at The Top of Their Lungs – Get Out of Paper!
Posted: December 30, 2011 in Uncategorized
Tags: "alex jones", "bart chilton", "bill murphy", "bix weir", "bob chapman", "end the fed", "gary gensler", "goldman sachs", "harvey organ", "hedge funds", "Jason Hommel", "jim willie", "JP Morgan", "Max Keiser", "position limits", "ron paul", "Short Squeeze", "ted butler", apmex, bernanke, BIS, bubble, bullion, cftc, Conspiracy, default, forex, gata, godlike, gold, hyperinflation, inflation, manipulation, ows, patriot, pensions, qe3, Rockefeller, roota, Rothschild, rumor, sec, Silver, tulving, wallstreet, wikileaks, zerohedge
14

No, this is not another Lindsey Williams interview. If you don’t know who he is then by all means take a listen. This is an attempt to make you understand how “they” think. Believe it or not, “they” have a moral code. They think of themselves as good people. And they are warning you, and have been warning you for quite some time now, that if you want to preserve your wealth, and escape what is coming, you need to get out of paper now.

Yes they believe they are superior to you. And yes, they believe you are sheep. But if they clearly warn you about what is coming and you refuse to listen, that is on you. That is their moral code. Is that good? Of course not, but the fact remains that in their relativistic universe, they have fulfilled their moral obligation to you by warning you of what is coming.

So how have they warned you? I am going to cover 4 key events. These are by no means the only events where they have done this, but they are crystal clear warnings about what is soon to transpire. They are in chronilogical order:

The Bear Sterns bankruptcy
The GM bankruptcy
The May flash crash
MF Global

Let’s examine each of these events and what message is being sent by them. Just as you, I lived through these events. I got the message they were sending loud and clear. The question is did you? Please research these for yourself because I am going to go strictly from memory.

The Bear Sterns bankruptcy

In March of 2008 silver was approaching a 27 year high. Bear Sterns was THE key short in the paper silver game. On that Thursday BSC dropped to 60 dollars a share. On Friday it dropped to 30. Over the weekend the fedheads met and arranged for the bankruptcy. Monday morning they “announced” it would open at 2 dollars per share. That is what happened and it is indisputable, but what does it mean? It means this:

Markets do not set the price of stocks, the feds do!

The GM bankruptcy

When GM announced their bankruptcy in June of 2009, bond investors waited with baited breath to see what the assets would be sold for. But the assets were never sold. Instead, the government overthrew 200+ years of contract law and stiffed the senior bondholders. Instead of selling off the assets and paying off the first in line, the rules of contract law were unceremoniously tossed in the trash. It means this:

Bonds are worth what the government says they are!

The May flash crash

On May 6, 2010 the DOW dropped 1000 points in a matter of minutes and then recovered 1000 points minutes later. Many stocks went to a price of zero. Soon after they were back to pre-crash price levels as if nothing had ever happened. No account was ever given except that some obscure brokerage, Waddell and Reed was to blame. It means this:

All paper can go to zero in an instant!

MF Global

On Monday October 31, 2011, MF Global filed for Chapter 11 bankruptcy protection. All customer funds and positions were frozen immediately. To this day, customers of this futures brokerage are still waiting for their “segregated” funds to be returned. Neither the CME group or the CFTC jumped in to backstop the monies, even though they had plenty of funding to do so. It means this:

No customer brokerage funds are safe from outright theft!

Sheep. Are you listening to the message the elites are screaming at you?

Markets do not set the price of stocks, the feds do. Bonds are worth what the government says they are. All paper can go to zero in an instant. No customer brokerage funds are safe from outright theft. These are the messages they are sending you. Physical silver and gold are the only assets that will protect you from what is coming. But are you listening?

BrotherJohnF 12/30/11

they still waiting for it to go down some more
read few articles also support this, will have few more major dips this year, so i guess everyone is saving bullets for major killings later