Comments on: Even With Inflation Rearing It’s Ugly Head, There’s No Need to “Panic Buy” Precious Metals https://americanconservativemovement.com/even-with-inflation-rearing-its-ugly-head-theres-no-need-to-panic-buy-precious-metals/ American exceptionalism isn't dead. It just needs to be embraced. Sat, 21 Oct 2023 17:34:14 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: FVS https://americanconservativemovement.com/even-with-inflation-rearing-its-ugly-head-theres-no-need-to-panic-buy-precious-metals/#comment-20945 Sat, 21 Oct 2023 17:34:14 +0000 https://americanconservativemovement.com/?p=196693#comment-20945 Inflation is when there is to much currency in circulation. Hyper inflation come when people loss confidence in the currency or in this case the US Treasury debt paper backing it up.
For decade we sold Treasury paper paying 1% interest or less a d told the nations of the world it was a good investment and asset. Now because of reckless and wasteful spend we have to offer yet more debt paper at 5% and have overnight rendered all of that 1% paper worthless. And we wo Der why the developing world doesn’t trust the US any more.

]]> By: Daniel https://americanconservativemovement.com/even-with-inflation-rearing-its-ugly-head-theres-no-need-to-panic-buy-precious-metals/#comment-20941 Sat, 21 Oct 2023 14:41:03 +0000 https://americanconservativemovement.com/?p=196693#comment-20941 It’s interesting isn’t it? Central banks in at least 30 countries have been hoarding gold for the last three years and yet the price didn’t go up a nickel. How is that? And Liberty Daily has been making money on fake news stories getting you to panic buy it. What is a “Christian” gold seller anyway? Panic buy what? If too many people buy gold the U.S. Government will just ban the holding of it and has de-banked many sellers already. Why do you think the banks are doing this? And the U.S. Government has banned it before. They don’t want you buying precious metals. The dollar will do what it does and after the first of the year when BRICS expands, the dollar is in for a rough ride.

]]> By: ARinNC https://americanconservativemovement.com/even-with-inflation-rearing-its-ugly-head-theres-no-need-to-panic-buy-precious-metals/#comment-19029 Fri, 15 Sep 2023 13:25:07 +0000 https://americanconservativemovement.com/?p=196693#comment-19029 I never had the money to own more gold that a couple of rings. I got into silver a while back. A streak came when the price went way down. I decided to buy silver but guess what? There was little to none to buy. The average uninformed buyer is clueless. I decided to forget the idea. Maybe I am wrong and will regret it. I could not help but realize that when you bought silver you had to pay a premium of the actual price. If it increased and you decided to sell unless it made a whopping increase you had to sell at a premium so you didn’t come out so good after all.

It’s a little like my dad. He drank alcoholic drinks for fifty years and one day he told me, alcohol is for selling not drinking. This after he quit drinking and had drank enough to float the battleship North Carolina.

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