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lquadland10 (< 20)

Memo to Corporations sitting on cash. Oh and we don't owe the FED one red cent on interest payment for their thin air called the Dollar.

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March 26, 2011 – Comments (3) | RELATED TICKERS: SLV , AUY , GLD

Why are you setting on cash? What is it getting you? Now I would invest in any company that goes out and buys physical gold but more silver than gold. Why? Because you can sell they physical as you need it to expand. You can sell the silver to companies the need it for production or companies that need it for production can buy low and use high. You are titans of industry. You know the dollar is going to collapse in the next couple of years. In 20012.3 Trillion $$ of the Tax Payer's MONEY IS MISSING

You know the in the last 3 months the FED somehow misplaced 9 trillion dollars.     Now I know that when we enter the soon to be next World War will you have the necessary recources to even make your product. When each Country start's having trade wars will you be able to find what you need in the USA or has it all been out sourced? Time to plan because from what I see you will be left flat footed. IMO

So for now I will buy the poor mans PM because it does more and not trust the paper ETF'S that don't hold the actual product. Now fools please tell me which ETF'S actually hold the PM and which ones do it electronically. 

3 Comments – Post Your Own

#1) On March 26, 2011 at 5:58 PM, Valyooo (99.45) wrote:

Do you really think if AAPL took all of their available cash, and used it to buy silver, instead of doing more R&D or saving it for acquistions, they would be expanding their value?

Better yet, people should stop producing food, electronics, housing, energy, healthcare, and transportation, and instead we should all just have silver.  Eat silver, fill up our silver mobiles with more silver, listen so slvPods, live in a silver house, and if we get sick jsut swallow some silver.

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#2) On March 27, 2011 at 3:33 PM, RonChapmanJr (94.18) wrote:

"and if we get sick just swallow some silver"  - see colloidal silver

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#3) On March 28, 2011 at 12:42 AM, lquadland10 (< 20) wrote:

yes ron you are right. Now Valyooo you missed the point. If aapl took the cash and I did not say all the cash. Just the cash sitting and waiting for bussiness mergers and what not. They would still do R and D. Appl has set that money aside. As silver prices go up and the value of the dollar goes down they sell a little bit of silver to cover the cost of what they want to do. No you can't fill up with silver but the silver I bought 10 years ago when it was what about 5 dollars an oz. I sold with some left over to pay for my medical bills this year that I acured. Now how much money in dollars do you think would I need if I left it in a bank with coumpound intrest? Not near enough to cover what I did with my silver. Nope your theory does not hold water. Mine proved to be a good investment.

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