sreetips

Refining Precious metals - please see my YouTube channel user name “sreetips”

[sreetips @sreetips1]

@PeterSchiff You’re wrong. Last week gold soared. They can’t have this! Those in high places, with deep pockets, conjured 2 million oz of paper gold and entered a sell order. This stopped the rise, met buying demand, and scared off remaining buyers, pushed the price lower. Very impressive

[sreetips @sreetips1]

@PeterSchiff @SpencerKSchiff Freshman - learn hard

[sreetips @sreetips1]

@TruthGundlach If there was a distant planet and we could travel there inexpensively, wouldn’t you want to go there and check them out? I would. I’d imagine they get a kick out of watching us. Imagine yourself on a planet where all the inhabitants are insane - but none of them know it!

[sreetips @sreetips1]

@otromundialista Nice!

[sreetips @sreetips1]

@vastecstasy Yes! I dreamt that I was in the back of a big truck with my whole high school class, singing and carrying on joyfully. And it was a lingering dream, kept going. Later we were all getting dressed up for a night on the town. Felt like I was really there.

[sreetips @sreetips1]

@PeterSchiff @brian_armstrong @CNBC Where do you find these charts Peter? Fascinating.

[sreetips @sreetips1]

@LaurenB2383 Hang on to it. It will become very valuable. People will be falling over themselves to buy your silver just like it is. No refining required.

[sreetips @sreetips1]

Just buy gold, put it away and forget about it. Silver too. Those who do this will be glad that they did. Those who don’t will wish that they had.

[sreetips @sreetips1]

@PeterSchiff Peter, they don’t know any better. My daughter just bought another property, at the height of the bubble. They just don’t understand gold as money. I’m selling my 1967 Chevelle. Getting to old to work on it. Asking for 10 oz of gold - NO CASH. People just don’t understand. Thanks

[sreetips @sreetips1]

How low can this go?

[sreetips @sreetips1]

@PeterSchiff I wonder how many bitcoin holders believe that the $U.S. Dollar is still backed by gold? You might be surprised.

[sreetips @sreetips1]

The case for owning gold. You don’t have to buy and hold bullion. 10k 14k & 18k scrap gold will track right on up with bullion prices. Same with 925 silver jewelry. Plus, you can still find it for pennies at yard sales, thrift stores, flea markets & resale shops - urban mining.

[sreetips @sreetips1]

@PeterSchiff We’ve read the final chapter. We know how this ends. The rest of the story is irrelevant if you know how it ends.

[sreetips @sreetips1]

According to Jeffrey Gundlach, if we set aside 10% of our GDP and used it to pay off our $27 trillion debt, it would take more than 60 years to get it down to zero. And that’s if we stop borrowing today. That would mean -7% growth rate for over SIXTY YEARS!

[sreetips @sreetips1]

Interesting fact: the Dow, priced in gold, has been in a 20 year bear market. In 1999 it took 42 ounces of gold to buy the DJIA. Today it takes only 14.6 ounces of gold to buy the Dow. According to Peter Schiff, gold to Dow ratio will hit one to one

[sreetips @sreetips1]

Here’s an interesting fact: in 1963 a quarter ($0.25) would buy a gallon of gasoline. Today, that same 1963 minted 90% silver quarter, is worth $4.37 (due to unlimited expansion of printed money - inflation) and will buy over 2.5 gallons of gas.

[sreetips @sreetips1]

@LaurenB2383 @JonVaro Wow, looks my hand writing

[sreetips @sreetips1]

@LaurenB2383 Thank you

[sreetips @sreetips1]

@LaurenB2383 @JonVaro A variation of my last name spelled backwards

[sreetips @sreetips1]

It’s a no-brainer. Simple math. No crystal ball required. Invest in paper and abandon gold and silver? NOT! In the end folks will be falling over themselves to buy your metal. But only if you had the foresight to buy it now, while it’s on sale.