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7 Comments

  1. Canada has had retaliatory tariffs for generations. What they are doing now is simply more retaliatory. All they have to do is accept a parity with us on trade. Their choice to not accept that simply exposes their dishonesty.

    1. All they have to do is accept a parity with us on trade. Accept? or comply by use of (monetary) force? USA… #1 in hypocrisy. Their choice to not accept that simply exposes their dishonesty. Really? Name an honest government.

  2. Admittedly ignorant on investments and recently got inheritance money. Any experienced PM investors with opinions of $10K to $50K investment via insured purchases from reputable companies such as Rosland Capital, Augusta Precious Metals, Leer Capital, APMEX, JM Bullion, Silver Gold Bull, and/or other reputable company to recommend?

    Concerned of buying from local coin shops etc as I don’t want to be a potential robbery target if local word got out. Also, I prefer to have on hand shipped insured to my anonymous PO box for keeping in home/office safe opposed to portfolio paper or stored in bank safety deposit box. Recommendations appreciated.

    1. From Dr. Thomas Stanley, the author of “The Millionaire Next Door”- affluent people know to get advise from someone who specializes in their particular field, and have 3 people on speed dial. 1) Their attorney, 2) Their tax guy, & 3) Their accountant. My suggestion first would be to visit with different investment counselors who can help you understand (i.e. “teach” al-a Dave Ramsey) different investment vehicles. Ramsey used to say that if you want to invest in PM, limit it to about 10%. I haven’t listened to him lately, so I don’t know whether he has revised that number

  3. Jocko, I have had great experiences with JM Bullion, Provident Metals and APMEX. Any order over $99 ships free. To get the most value out of your investment, check their specials each week. If you are into bullion and not collector coins you will be able to purchase silver rounds, bars and 90% silver for 59 cents or less per troy oz. over spot price. IMHO don’t put all your investment eggs in one basket. Do allocations for PM’s, home/land, cash, firearms/ammo, retirement income, long term food and supplies, etc. I agree whole heartedly that you should keep your PM’s in your personal possession. The one advantage in buying from a local dealer is anonymity when you use cash to purchase.

  4. All these commentators on TV complaining about Trump and his tariffs miss, intentionally I presume, the fact the Trump offered literal, reciprocal FREE TRADE among the G8 countries. In other words, NO tariffs on anyone. To a country, they all turned him down. The only free trade they want is one way only, no tariffs on their goods coming here, extreme tariffs on our goods being sold in their countries. I hear this being compared to the Smoot-Hawley Tariffs that were attempted early in the Great Depression. The big difference, those tariffs were introduced at a time of severe economic weakness for the US, and for that matter, the rest of the world. Now these new tariffs are being introduced at a time of economic strength for the US. The rest of the world, especially Europe, not so much. That is why they will work. If Canada drops all tariffs on American goods, we will drop all tariffs on theirs. If they don’t, let’s see who breaks first. What do they produce up north that we can’t or don’t produce here. The same goes for the EU. Even China, with a much stronger economy will eventually come to the bargaining table, and signs are that is already happening.

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