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Old 02-10-2018, 03:32 AM   #31
Austin R
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Originally Posted by PKVeazey View Post
Our Currency is no longer backed by anything but faith in the Government. They have a name for it. Its called FIAT CURRENCY. Nearly every country in the world is based on Fiat Currency and the Dollar is the main worldwide currency. If our currency fails, the whole world fails. The opposite of what you're thinking is what will happen. The crash of the Dollar will cause the value of the Precious Metals to rise. The more worthless the dollar becomes, the more valuable the Metals will become.
Okay, I guess I misunderstood what you were saying. Thanks for clarifying.
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Old 02-14-2018, 02:43 AM   #32
Bellcose
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Geezus do I love a good panic. This small variation ain't nothing but a blip.

Gave me an opportunity to top up on a couple of my share holdings, some of which have an international component, plus add one more.

A downturn is when you logon to your account, you suddenly experience shortness of breath, your left arm aches and there is pain in the left side of your chest.

For novices this happens when your account is down 5%. With practice it will occur when it's 10% but experts in the field only have these symptoms when the 25% mark is hit.
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Old 02-15-2018, 07:55 PM   #33
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Quote:
Originally Posted by PKVeazey View Post
Our Currency is no longer backed by anything but faith in the Government. They have a name for it. Its called FIAT CURRENCY. Nearly every country in the world is based on Fiat Currency and the Dollar is the main worldwide currency. If our currency fails, the whole world fails. The opposite of what you're thinking is what will happen. The crash of the Dollar will cause the value of the Precious Metals to rise. The more worthless the dollar becomes, the more valuable the Metals will become.
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Lol my spellchecker just told me to capitalize Metallica.
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