Unca Walt
Well-Known Member
- Joined
- Jul 24, 2020
- Messages
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OK... This is a heads up, @putembk and other stackers. It has really begun in Venezuela. Lookit this:Woowee -- Silver be going nuts.
Herself and I just now got back from a trip to my LCD. I did not call ahead. Just as well. When we got there, the fargin phones were ringing off the hook.
So the guy says, "How can I help you?"
With a total sense of hopelessness, I mumbled, "Ya got any junk?"
My socks rolled up and down when he said, "Sure do." <-- So I plunked down a few thousand and cleaned him out. YAY. Spot price at that moment: $28.14
Mostly halves, the rest, quarters.
https://www.linkedin.com/pulse/single-ounce-gold-can-now-buy-house-venezuela-because-weissmann
"We got an incredible email this morning from one of our clients who's brother in law is a missionary down in Venezuela. And he was telling us that in Venezuela, once ounce of silver will buy you food for three or four months... one ounce of silver. And an ounce of gold will buy you a house."
"So we're starting to see what I've talking about and predicting for over a year, that we're going to see these countries in Central and South America where everything is going to collapse and if you don't have gold and silver, you literally have nothing."