I bought a Hollywood/Made for TV costume today...

[Lokmar]

I might buy silver a bit at a time.
I think that's what the experts advise you to do anyway.
Buy 5 ounces at at a dip. wait for it to go up, fall again, and buy at a dip, and so on. Just keep doing that.  Trickle Investing. Averaging your purchases.

But don't buy all at once - such as 500 oz monster packs. That's when people typically lose a lot of money. And if you say, silver might rise to $50 an ounce, you'll see a lotta people jumping on the bandwagon to buy the monster pack. But by then, it's too late, and the next cylce will set in and of couse - it'll fall again. Rise, fall. Rise, fall.

But going back to gold vs Silver.

I'd say in the scenario you envision, it's not just those commodities which could rise, but many others as well.

Copper, lithium, cobalt, wheat, oil, coffee.

Or how about Platinum? Palladium as well.

I've actually started to get interested in commodities investing.

any suggestions on how to go about it?
ETFs perhaps?

Theres a an index with all of them listed, at current prices etc.

https://www.cmegroup.com/

here's a listing from bloomberg that tracks their daily prices/movements:

https://www.bloomberg.com/markets/commodities/futures/metals

Nobody is taking any of that shit in exchange for food.

Gold, silver, bullets, gasoline, food, etc. THATS what will be important. BTW, if silver hits $18/oz monster boxes will have a run.

[JOE]

Nobody is taking any of that shit in exchange for food.

Gold, silver, bullets, gasoline, food, etc. THATS what will be important. BTW, if silver hits $18/oz monster boxes will have a run.

Actually, you raise an interesting scenario Lokmeer.

However, it may not unfold like you think.

The rise in silver might not have anything to do with SHTF.

Instead it might occur when the Powers that Be try to take real money out of circulation and replace with it with a digital currency. And so those with stacks of silver might find themselves in a position with owning hard currency that is coveted and desirable.

The problem with digital currency is the lack of privacy. If everything is transacted electronically, then the government will know what you are doing, what you are spending your money on. Whether its bullets, drugs or prostitutes.

Incidentally, this is not a paranoid obsession. It has already happened in China where digital currency replaced the Paper Yuan/Remnibi. so the Chinese authorities already know what their citizens are doing all the time. Subsequently what this has led to is an increased amount of counterfeiting of other nations' currencies. Such as the US and Canadian dollar. The counterfeiters have gone to such great lengths that they are willing to make fake Canadian $2 coins made out of brass. So I suppose if criminals are dealing in drugs or smuggling their transactions can't be traced that way.

In europe, some countries have made it impossible to get money from atm's. So crime such as drug dealing plummeted, but moved to neighboring countries where there still are atm's such as Estonia. Since Swedes can't escape the Law in their own country, they go somewhere else where they can and hard currency still exists from bank machines.

So in your case, if you're buying something like bullets with digital currency, maybe the government will wanna spy on you to see what you are up to in the future. But if you buy bullets with silver coins of course they won't be able to. And people stuck i the same boat will want privacy too.

Anyways, that's just what I see coming which could precipitate a dramatic rise in silver. Less about economic catastrophe and more about privacy.

[Lokmar]

Actually, you raise an interesting scenario Lokmeer.

However, it may not unfold like you think.

The rise in silver might not have anything to do with SHTF.

Instead it might occur when the Powers that Be try to take real money out of circulation and replace with it with a digital currency. And so those with stacks of silver might find themselves in a position with owning hard currency that is coveted and desirable.

The problem with digital currency is the lack of privacy. If everything is transacted electronically, then the government will know what you are doing, what you are spending your money on. Whether its bullets, drugs or prostitutes.

Incidentally, this is not a paranoid obsession. It has already happened in China where digital currency replaced the Paper Yuan/Remnibi. so the Chinese authorities already know what their citizens are doing all the time. Subsequently what this has led to is an increased amount of counterfeiting of other nations' currencies. Such as the US and Canadian dollar. The counterfeiters have gone to such great lengths that they are willing to make fake Canadian $2 coins made out of brass. So I suppose if criminals are dealing in drugs or smuggling their transactions can't be traced that way.

In europe, some countries have made it impossible to get money from atm's. So crime such as drug dealing plummeted, but moved to neighboring countries where there still are atm's such as Estonia. Since Swedes can't escape the Law in their own country, they go somewhere else where they can and hard currency still exists from bank machines.

So in your case, if you're buying something like bullets with digital currency, maybe the government will wanna spy on you to see what you are up to in the future. But if you buy bullets with silver coins of course they won't be able to. And people stuck i the same boat will want privacy too.

Anyways, that's just what I see coming which could precipitate a dramatic rise in silver. Less about economic catastrophe and more about privacy.

Yea, them fukin chanks shut peoples bank accounts right the fuck off if they get out of like. Thats where your black faced faggit PM got the idea from. That fucker should swing!

[JOE]

Yea, them fukin chanks shut peoples bank accounts right the fuck off if they get out of like. Thats where your black faced faggit PM got the idea from. That fucker should swing!

Hey Lokmeer, what year is your Shelby?

I was looking at the Hagerty Index & the Shelby appears to be quite an expensive car that retains its value and even can increase quite substantially over time:

https://www.hagerty.com/valuation-tools/search?q=shelby&p=5&st=ymm

And I don't think they were made in that large a number either.

I believe Jim Morrison of the Door drove a 1960s Shelby, eh.

[Lokmar]

Hey Lokmeer, what year is your Shelby?

I was looking at the Hagerty Index & the Shelby appears to be quite an expensive car that retains its value and even can increase quite substantially over time:

https://www.hagerty.com/valuation-tools/search?q=shelby&p=5&st=ymm

And I don't think they were made in that large a number either.

I believe Jim Morrison of the Door drove a 1960s Shelby, eh.

I dont have a shelby, I have a 6th Gen ZL1 1LE Camaro.

I used to restore cars, in particular, a 1966 Shelby GT350 Mustang.

[JOE]

I dont have a shelby, I have a 6th Gen ZL1 1LE Camaro.

I used to restore cars, in particular, a 1966 Shelby GT350 Mustang.

...so did you own a 1966 Shelby?

[Lokmar]

...so did you own a 1966 Shelby?

No.

[JOE]

No.

Investing in Vintage cars would be an interesting venture.

However, the 'investor' had better know what the hell they're doing and know/love those cars inside and out.

I suppose investing in Vintage Cars a bit like Investing in Art.

If a person doesn't know/understand them well enough, they can really get burned.

Plus the expenditure/investment is often quite steep.

[Brent]

Broke Joe couldn't afford a Hot Wheels car.

[Lokmar]

Investing in Vintage cars would be an interesting venture.

However, the 'investor' had better know what the hell they're doing and know/love those cars inside and out.

I suppose investing in Vintage Cars a bit like Investing in Art.

If a person doesn't know/understand them well enough, they can really get burned.

Plus the expenditure/investment is often quite steep.

Lots of restorations are shoddy so yea, you have to know your shit or you have to know someone like me that can identify and sort the shit from the shineola.

[TheProwler]

Lots of restorations are shoddy so yea, you have to know your shit or you have to know someone like me that can identify and sort the shit from the shineola.

Dude, I sold my 2002 Z28.

The guy bought it without a test drive or anything....it is up on my 4 post lift and he had a good look underneath and he offered me cash on the spot.  I countered and we settled a few days later.

It is still on my lift, but he owns it.

[Lokmar]

Dude, I sold my 2002 Z28.

The guy bought it without a test drive or anything....it is up on my 4 post lift and he had a good look underneath and he offered me cash on the spot.  I countered and we settled a few days later.

It is still on my lift, but he owns it.

Good deal! How many miles did it have on it?

[TheProwler]

Good deal! How many miles did it have on it?

105,000 km

which is about 60,000 miles

[JOE]

Broke Joe couldn't afford a Hot Wheels car.

Well Brent I foolishly spent thousands of dollars on collector comic books & gold coins in the past year. At least they are easy to unload cuz the grading agencies do all the work for the collector. They grade, authenticate & put em in a nice case so they are easy to re sell. I think I'm gonna sell em off & recoup the costs. Hopefully I'll break even.

However I would be very reluctant to spend any money on hot wheel cars of any value simply because I don't know what the hell I'm doing. Laugh if you might but Collector Hot Wheel cars are very expensive yanno. Take a look:

You could get carried away and blow all your retirement savings on em. How does one know if they are even real? Or if they are just cheap knock offs? I wouldn't.

In that regard they are somewhat similar to real cars. Namely collector vintage cars. If a person's gonna invest in either then they'd better know what they  are doing eh?

[Lokmar]

Well Brent I foolishly spent thousands of dollars on collector comic books & gold coins in the past year. At least they are easy to unload cuz the grading agencies do all the work for the collector. They grade, authenticate & put em in a nice case so they are easy to re sell. I think I'm gonna sell em off & recoup the costs. Hopefully I'll break even.

However I would be very reluctant to spend any money on hot wheel cars of any value simply because I don't know what the hell I'm doing. Laugh if you might but Collector Hot Wheel cars are very expensive yanno. Take a look:

You could get carried away and blow all your retirement savings on em. How does one know if they are even real? Or if they are just cheap knock offs? I wouldn't.

In that regard they are somewhat similar to real cars. Namely collector vintage cars. If a person's gonna invest in either then they'd better know what they  are doing eh?

Best unload all your junk collector shit, josephine.