It’s the older generation that’s entitled, not students

Tarret · 2012-05-26T07:24:13.892634+00:00

"Seems legit." -Socrates

Athrowawayfortoday · 1 day

Welcome to the USSA! Enjoy your stay! Dont take it seriously, just relax.

Irishpride1919 · 1 day

1) On the side bar you list some sites to buy your silver from, which one is your favorite and why?

I buy local. Shipping is too large a percentage of total price for smaller silver orders.

2) What is a good price per oz to buy silver at?

Silver is volatile, I would target an amount (100 t oz, 200 t oz, etc) then average in.

What coins are the best?

Depends on where you are. If you are in the US, the American Silver Eagle coins.

3) Should I be buying stock along with physical silver?

Stocks and silver are extremely different investments. I would recommend buying stock as well for diversification purposes (especially dividend payers) but do not compare silver (or gold) to stocks; they fundamentally serve different functions.

Do any of you have unique ways in buying or finding silver?

Maybe some people on here do, but I just go to my local trusted coin shop and buy.

One person I know does go to estate sales and auctions and looks for silverware.

Thanks for taking the time to answer one of these for me.

No problem man. Welcome to stacking, if that is what you decide to do. Let us know!

eafkuor · 2 days

2 + 2 = N

N = Whatever Big Brother Says

takenbacktomorrow · 3 days

Dress clothes that you can only find in St. Louis? Very high end would be Sam Cavato, located in Plaza Frontenac. Lower end frankly cheap but worth checking out is located in Clayton, second floor (lower floor is a Chipotle), Forsyth and N Central.

RedditSilverbugs · 4 days

What made you want to go public instead of just believing these things, and stacking?

IamZimbo · 5 days

Have to ask about the politics running up to the hyperinflation and that period itself.

What did people you know do to get foreign currency? Where there currency controls? How effective were they? What was life before hyperinflation like, and what could you have done prior to the hyperinflation in order to make life easier during?

What about the politics in the country? I know there were farms being taken over; how were they understood at the time and how do people understand them today?

AFireInside · 5 days

I recall there is a company making a new 'pieces of eight' that is a silver round which is breakable into components, but I cannot find it online.

I am not worried about fake ASEs because I have a scale, a caliper, and know the look and feel of ASEs extremely well. Faking it would be hard.

RonSwanson4President · 6 days

Why aren't the millions of students with student loans protesting this?

Because this happened relatively slowly. People 20 years ago had student loans, but maybe a few thousand, maybe ten thousand. Then 10 years ago it became common to hear about people getting law degrees with fifty thousand of debt, but becoming a lawyer was still seen as a prestigious and high paying job, so worth the bigger debts.

But recently, and certainly since the financial crisis, the situation has grown into the monster it is today and you basically have three classes of people in the US polity.

Older baby boomers who went to colleges for practically free, and for whom a college degree has meant job security, good, rising pay, and a very comfortable life.
Younger workers who could have had a large debt but still schooling paid off.
Those under 30, and especially under 25, who are in debts up to their eye-balls, being told by Group 1 that 'education' (by which is meant schooling) is a sure fire way to make it, the more the better, it is an amazingly good deal in life, etc very often.

So this third group is now looking at the world, saddled with a lot of debt, being told that it SHOULD pay off like it did for the first two groups, getting absolutely NO sympathy from the first two groups because the first group does not even BEGIN to understand (often times they dont even pretend to or try to), while the second group understands but sees it as a life phase that 'teaches character' and other nonsense.

Unfortunately, to be brutally frank, the third group is also stupid, docile and timid. Which is why they went to school in the first place, to find the safest path possible.

Until it becomes ABUNDANTLY clear to the third group that they either throw this off or their lives are COMPLETELY and UTTERLY screwed, there will be no change.

GrymmWRX · 6 days

Once COMEX or LBMA defaults, he has a case. But until then you, or anyone else, can buy on COMEX 'paper' silver and make it become real silver, in huge amounts.

What he is talking about would be the EVENTUAL outcome I expect, where the paper market becomes meaningless and disconnected from physical, that is POST default.

Rtpmarine · 6 days

Two considerations:

Would be leery about this as this IS a business, and it doesnt make sense for someone to sell silver AT spot, as a business, why would that make any sense?
Consider the time you have to sell or barter these. Would you be able to get it recognized as bullion? It is not just a matter of markings, but also one of basic trust.

lomedefense · 6 days

Will stop when we get a sane banking system and an understandable monetary policy.

AFireInside · 6 days

Okay, wanted to check. You may like his works. The name is Carroll Quigley. A link;

http://archive.org/details/CarrollQuigley-TheEvolutionOfCivilizations-AnIntroductionTo

Deafy · 7 days

I am assuming you can see, so will try to write out a 'visual equivalent' definition.

People crying in sadness vs crying out in anger, I know there's some gray area in between where they can be used interchangeably, it's hard to get "shriek" and "ream" are both words that seem to imply emotion more than any specific sound. Is that right?

Crying in sadness is like a log fire burning itself out slowely. Crying out in anger is like an electrical transformer blowing itself out.

Can any sound be described as "piercing" if it's loud and annoying? Like thunder for example.

Piercing is usually high pitched, intense, sound. Low rumbles are felt, but will not generally be called 'piercing'; just loud.

Piercing sunlight would be the sun at noon on a clear day, looking directly at it.

Thunder would be on the lower pitched sound spectrum, and would be like the dawn on a flat plain.

apparently people use "ejaculates" as a dialogue tag?!?! It seems to mean "to say suddenly or without warning" (or does it just mean "interrupt"?), but the more normal use of "ejaculates" doesn't imply that at all. I don't know if this is a deaf thing or maybe I'm just dense. Does sound have something to do with this?

I have never heard anyone say 'ejaculate' without it meaning what happens when you cum.

What about "chat"? Dictionary says "to speak informally" but I feel like it implies something I'm not getting. Is it speaking fast? Can you use "chat" as a dialogue tag? (like "What are you doing tonight?' he chatted"), I don't think I've seen it but the dictionary makes it sound like you can.

It would be 'he said'. 'Chat' is about informality in terms of content (non important topics) or informality in terms of time and place (not at the office, not determined before hand, not necessarily factually correct or well thought out, synonyms with "small talk".)

The difference between a map that you would buy and a quickly hand drawn map from a friend. Talk vs. chat.

"mumbling" sometimes implies apathy but other times hostility. Is that right? That's weird because it connotes opposites. What does it sound like? Is it synonymous with whispering?

Mumbling means UNCLEARLY. Like looking at something far away in a haze. Sometimes it can imply hostility because the person is concealing something, other times they are just unclearly pronouncing their words. Like bad handwriting.

Whispering is a low voice; but it could be clear. See Sotto Voce.

Do all doors creak? Can all doors be slammed? Windows? Does "slam" always imply loudness? Do you always slam doors when you're mad? Do deaf people slam doors when they're mad? (I don't think so, but if it's just a function of being mad I might do it and not notice because I'm mad). People say "he slammed that beer" to mean chugged, that's silent right? Or does it mean "gurgle" in that sense?

Slam is about speed. You can slam your car into a wall, or run it into the wall.

Dictionary says "click" is "A short, sharp sound as of a switch being operated or of two hard objects coming quickly into contact." but I feel like I've seen it in other uses, it's hard to remember exactly what I'm thinking of. But could I use it to describe cymbals, pennies or pencils hitting each other?

Click can also mean coming together, mechanically and quickly (not smashed together). Like Lego peices click together. Or it can mean abstract things like ideas "That idea clicked in my head" = I understand.

If a voice is described as "tender", what does that mean?

It means it is soft. An egg white when hard boiled.

** Btw IMO it will be much more interesting to write out how you experience life. Or maybe how you perceive (correctly or not) what hearing to be and how it interacts with reality.

AFireInside · 7 days

First off; the data collection period was (UK, then US) when gold WAS money. The data for gold goes back about 500 years, until 1973 I think.

One of the things that the author points out is that he is not saying that gold IS money (except by law), just that it ACTS AS money. No cause is given, except the author does speculate that a constant law is a factor.

Silver is a much different animal all together. And the data is much weaker, as is the evidence of credit. The data is much sparser on silver. Essentially, the author sees it as a trade currency, and tied to credit.

In terms of today

[ 1 ] Hyper-inflation is possible today. The author only gives one or two lines to hyper-inflation, basically saying "when Attila comes to the gates of your city, gold is valuable" (paraphrasing). His silver book does not give such consideration, but notes that silver is much more likely to be used in daily trades than gold, which is used to settle larger payments.

In a hyper-inflationary scenario, having any sort of precious metal is probably a good thing, and gold is probably preferable in terms of its ability to represent large amounts of wealth. Silver is a trade metal.

[ 2 ] Credit may not contract. While I agree that since 2000 or so the 'natural' market for credit has been contracting, the total debt-to-gdp continues to rise (when including all debts, government+private sector). First it rose with the low rates causing a housing bubble, and now it is rising as the Federal Government creates amazing deficits.

These are extremely artificial sources of credit, that did not, outside of war periods, exist during his study's data period. Today is very unusual. Credit may not behave as it has in past.

I am not sure what rules apply to today's world from the books data. I would highly recommend you go find and read the book for a more through examination of the complexities of the data and arguments.

*Btw: If your name is in reference to the professor, let me know, since I think he's probably the most under appreciated thinker of his generation. Just AMAZING intelligence and wisdom.

mrjohn90 · 8 days

I dont think that considering your school a work location would fly. Just my two cents.

mrjohn90 · 8 days

IRS language is not explicitly clear on this. I would say that if you work from your home, and it is used as an office, then it is a workplace and should be treated as such.

I would add that this assumes that 1) the worker is doing this for the convenience of the employer (which seems to be satisfied) and 2) is used exclusively as work space.

mrjohn90 · 9 days

Here's some IRS language on it:

http://www.irs.gov/taxtopics/tc513.html

http://www.irs.gov/publications/p970/ch12.html#en_US_2011_publink1000178667

** Bold added **

Transportation Expenses

If your education qualifies, you can deduct local transportation costs of going directly from work to school. If you are regularly employed and go to school on a temporary basis, you can also deduct the costs of returning from school to home.

Temporary basis. You go to school on a temporary basis if either of the following situations applies to you. Your attendance at school is realistically expected to last 1 year or less and does indeed last for 1 year or less.

Initially, your attendance at school is realistically expected to last 1 year or less, but at a later date your attendance is reasonably expected to last more than 1 year. Your attendance is temporary up to the date you determine it will last more than 1 year.

If you are in either situation (1) or (2) above, your attendance is not temporary if facts and circumstances indicate otherwise. Attendance not on a temporary basis. You do not go to school on a temporary basis if either of the following situations apply to you. Your attendance at school is realistically expected to last more than 1 year. It does not matter how long you actually attend.

Initially, your attendance at school is realistically expected to last 1 year or less, but at a later date your attendance is reasonably expected to last more than 1 year. Your attendance is not temporary after the date you determine it will last more than 1 year.

Deductible Transportation Expenses

If you are regularly employed and go directly from home to school on a temporary basis, you can deduct the round-trip costs of transportation between your home and school. This is true regardless of the location of the school, the distance traveled, or whether you attend school on nonwork days.

Transportation expenses include the actual costs of bus, subway, cab, or other fares, as well as the costs of using your car. Transportation expenses do not include amounts spent for travel, meals, or lodging while you are away from home overnight.

Example 1.

You regularly work in a nearby town, and go directly from work to home. You also attend school every work night for 3 months to take a course that improves your job skills. Since you are attending school on a temporary basis, you can deduct your daily round-trip transportation expenses in going between home and school. This is true regardless of the distance traveled.

Example 2.

Assume the same facts as in Example 1 except that on certain nights you go directly from work to school and then home. You can deduct your transportation expenses from your regular work site to school and then home.

Example 3.

Assume the same facts as in Example 1 except that you attend the school for 9 months on Saturdays, nonwork days. Since you are attending school on a temporary basis, you can deduct your round-trip transportation expenses in going between home and school.

Example 4.

Assume the same facts as in Example 1 except that you attend classes twice a week for 15 months. Since your attendance in school is not considered temporary, you cannot deduct your transportation expenses in going between home and school. If you go directly from work to school, you can deduct the one-way transportation expenses of going from work to school. If you go from work to home to school and return home, your transportation expenses cannot be more than if you had gone directly from work to school.

Using your car. If you use your car (whether you own or lease it) for transportation to school, you can deduct your actual expenses or use the standard mileage rate to figure the amount you can deduct. The standard mileage rate for miles driven from January 1, 2011, through June 30, 2011 is 51 cents per mile. The amount you can deduct for miles driven from July 1, 2011, through December 31, 2011 is 55.5 cents per mile. Whichever method you use, you can also deduct parking fees and tolls. See Publication 463, chapter 4, for information on deducting your actual expenses of using a car.

SiloHawk · 10 days

Maybe you miss the point; I mean, chart the number of posts, comments and compare to the silver price. It is possible that like Google Trends, they will show a definite trend.

http://www.google.com/trends/?q=silver+price

onecoolguy · 10 days

Somewhere in the 22-24 US Dollars per ounce range would be my guess.

SiloHawk · 10 days

Someone (else) should do a chart to see if there's an extreme bull or bear signal.

billyvegas · 11 days

I buy closer to $400 when I think the price is low, and closer to $300 when I think the price is high. But I buy every 5 weeks no matter what.

billyvegas · 11 days

I've bought various bullion coins, and American Silver Eagles. In the past, in Japan, I have bought 1 kg bars of silver, but that is the standard way they are sold in Asia.

Recently, and in the US, I have limited myself to American Silver Eagles. They are the most widely circulated and easily recognizable coins around, and that matters.

I would buy $300 to $400 at a time, spaced out over an 8-10 month period, ASE's. This is what I am implementing now, and I hope to stack around 600 t ozs gradually.

Obviously, I am going to spend more than $2500, but the method is the same, the silver market is so amazingly volatile, that trying to time it to build a stack is difficult.

nkktwotwozero

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nkktwotwozero

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