In Venezuela one ounce of silver will get you.

Posted by: Anonymous

In Venezuela one ounce of silver will get you. - 10/20/16 06:26 PM

2 to 3 months worth of food. Venezuela has been in full collapse for about 3 years.

That gives you a little insight into how inflated our current world fiat currency system is and what you have to look forward to here in the near future.

The world bank's and the Fed are already making plans for massive QE to begin again very soon, when we are officially notified that we are in the recession we have been in the last 8 years. The problem is now there is no one to sell T-bonds to so the QE will be cash directly pumped into the economy, (helicopter drops), is one way to put it as a figure of speech.

When will it happen? maybe on a Tuesday but probably after the election regardless of who get elected.
Posted by: Dan S.

Re: In Venezuela one ounce of silver will get you. - 10/20/16 06:55 PM

That's a pretty good deal on fud.

So what kind of fud are they dealing out for an ounce of silver? Good stuff?
Posted by: Anonymous

Re: In Venezuela one ounce of silver will get you. - 10/20/16 07:09 PM

Beans and rice.
Posted by: Dan S.

Re: In Venezuela one ounce of silver will get you. - 10/20/16 07:44 PM

That's not very tasty.

I'll probably just keep my silver and buy steak and beer with my fiat currency instead.



What do you think?
Posted by: Sol Duc

Re: In Venezuela one ounce of silver will get you. - 10/20/16 08:26 PM

Rich, you can get 20.00(app price of 1oz silver) worth of rice and beans here for 2-3 months to live on. crazy
Posted by: Anonymous

Re: In Venezuela one ounce of silver will get you. - 10/21/16 07:30 AM

Yep, but in Venezuela Fiat currency won't buy you anything.
Posted by: Snake Pliskin

Re: In Venezuela one ounce of silver will get you. - 10/21/16 07:40 AM

Who goes to Venezuela?
Posted by: The Moderator

Re: In Venezuela one ounce of silver will get you. - 10/21/16 12:31 PM

Originally Posted By: Snake Pliskin
Who goes to Venezuela?


Vedder.

He goes everywhere.
Posted by: DCC

Re: In Venezuela one ounce of silver will get you. - 10/26/20 10:16 AM

Cheese and [Bleeeeep!] rice....
Posted by: NickD90

Re: In Venezuela one ounce of silver will get you. - 10/26/20 11:52 AM

This thread aged like whole milk.

Rich G and completely wrong prognostications.

Name a more iconic duo?

I'll wait.