GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Tuesday, November 4, 2014

Silver Signaling Oncoming Deflation? Mike Maloney

I trust silver & gold much more than I trust paper currencies or the stock market. Yes, you can accumulate a lot more gold & silver if you can time your buying & selling of them properly, but there's no guarantee that if you sell gold/silver at a supposed high, you'll be able to re-accumulate them physically later at a lower price. The central banks could simply overnight reprice gold & silver much higher or physical gold & silver may not be obtainable if there is a market panic. Better to simply & quietly accumulate on a monthly basis, thus also cost averaging.

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