Not So angry Mike's hood !
Come on in, sit down grab a beer, just don't overreact to the ravings of a pissed off conservative American,PRESIDENT TRUMP !!!
I explained this to my coin dealer today, and he had no idea what I was talking about, time for a new coin dealer........
He seems like a potential rape victim to me.
I took him for 5 American Eagles at spot....... ;-D
When the price of a commodity drops to a point where no profit is to be had in producing it then it stops being produced.....doesn't matter what it may be....oil, gold or anything else. Once production diminishes or ceases then prices rise and it becomes profitable to produce.Economies have always been cyclical to some degree or another....it's one of the few things that can be counted on in life. The price of both oil and PM's will rise again....when nobody can say for sure....and when they do more mines will be made active, more drilling done and more production sent into the economy. The key is timing your personal life to take advantage of the cyclical nature of things.
Yes, and now is the time to buy silver and gold.........
Let me know how I'm doing, as long as your not a fucking liberal who believes that a little fairy dust will solve all the worlds ills .......;)