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To everyone who joined these forums at some point, and got discouraged by the negativity and left after a while (or even got literally scared off): I'm sorry.
I wasn't good enough at encouraging people to be kinder, and removing people who refuse to be kind. Encouraging people is hard, and removing people creates conflict, and I hate conflict... so that's why I wasn't better at it.
I was a very, very sensitive teen. The atmosphere of this forum as it is now, if it had existed in 1996, would probably have upset me far more than it would have helped.
I can handle quite a lot of negativity and even abuse now, but that isn't the point. I want to help people. I want to help the people who need it the most, and I want to help people like the 1996 version of me.
I'm still figuring out the best way to do that, but as it is now, these forums are doing more harm than good, and I can't keep running them.
Thank you to the few people who have tried to understand my point of view so far. I really, really appreciate you guys. You are beautiful people.
Everyone else: If after everything I've said so far, you still don't understand my motivations, I think it's unlikely that you will. We're just too different. Maybe someday in the future it might make sense, but until then, there's no point in arguing about it. I don't have the time or the energy for arguing anymore. I will focus my time and energy on people who support me, and those who need help.
-SoulRiser
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I want to make a smart investment but I don't want to come off as one of those bat shit crazy folks like Glenn Beck who rant on and on about the collapse of the US dollar.
Note: I actually already have some bullion at home. When I purchased it silver was 30/oz. It's now closer to $40 so I've already made a 25% profit on my original investment. I just don't know if it will go any higher.
If I clean up my budget I should be able to set aside enough money to purchase 10 ounces (assuming the price doesn't go over $40 in three weeks). I can purchase 5 ounces right now if I wanted to.
08-05-2011 07:25 AM
Thanks given by:
thewake
Unconstructive
Posts: 5,917
Joined: Jun 2007
Ayliana Wrote:I want to make a smart investment but I don't want to come off as one of those bat shit crazy folks like Glenn Beck who rant on and on about the collapse of the US dollar.
Actually, it probably won't collapse, but it sure as Hell is inflating like crazy. Beck's views, at least on economics, generally have a firm foundation in truth. He is, however, prone to hyperbole.
I don't really know if silver is a good investment, in the sense that it will get you a real return. People buy precious metals to guard against inflation which is happening more now than ever due to the Federal Reserve's policy of Quantitative Easing (see: Printing a bunch of money.). I'd say that it is better to hold your money in precious metals than currency if you want it to hold its value independent of inflation. But, since there's a lot of people buying gold and silver and a lot of hype, there might be a bit of a bubble.
If you want to actually make money investing, I'd suggest you diversify, not just buy silver. It's keeping all your eggs in one basket. But I'm not an investor.
Wasn't it suggested in this forum to invest in Agriculture/Precious Metals? i say Platinum is going to be a staple. There was one thing I saw where it listed the years left for the worlds supply of precious metals, and platinum is the largest.
But the heavy investment of platinum may not come soon.
"Ask them no more questions, never hear them lying"
People say the problem with me is I have psychotic tendencies and care not about other human beings I don't like and or know. So?
Efstratios Prime Wrote:How does this work. You buy silver, when there is an increase in demand and less supply you sell it for more, is that what it is?
Silver and all other precious metals (as well as other commodities stocks like oil) have an inverse relationship with the US dollar. The lower the value of the US dollar the higher the value of the commodity. With silver, the increase in value has not been as dramatic as with gold. The price has only gone from $7/oz to $40/oz. Granted that's a 550% increase but it's still affordable to most people.
The idea is that if the US dollar collapses completely (like the German Mark after WWI ) gold and silver will be the only thing with any real purchasing power.
08-06-2011 12:51 AM
Thanks given by:
thewake
Unconstructive
Posts: 5,917
Joined: Jun 2007
Ayliana Wrote:The idea is that if the US dollar collapses completely (like the German Mark after WWI ) gold and silver will be the only thing with any real purchasing power.
So, you're denigrating Glenn Beck for ranting about the collapse of the dollar, yet you are scared about it yourself?
And, I highly suspect, if the U.S. gets in any real bad trouble like that, things like cigarettes, alcohol, and food will have a whole lot of purchasing power in the barter economy that will follow.
Assuming that will happen. The United States has not hit hyperinflation, and we have a way to go.
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