Originally Posted by Jasper

If we accumulate paper money it's called 'saving' and thought to be a good thing. So why is the private accumulation of real money -- gold/silver -- called 'hoarding'?

Originally Posted by zhukher

define greedy

Originally Posted by Scorpio

Khan hoards silver, he's the greedy one you are looking for.

Welcome Aboard.

Originally Posted by RossL

That is propaganda from the boyz who can print up paper tokens for nothing and trade them to you in exchange for your hard work.

Originally Posted by skyvike

Scorpio,

As usual, your wisdom exceeds even your good looks!

:adore: :adore: :adore: :adore:
:bowdown: :bowdown: :bowdown: :bowdown: :bowdown:

Originally Posted by Scorpio

It depends on your thought process.

When the metals are measured in return against paper, the metals are woefully lacking.........but that is all semantics. That is an argument that you will see put forth repeatedly.

So, saving paper based is indeed 'saving', hoarding, 'under the mattress', rainy day funds, paying off debt, and is considered prudent by most. Most people have bought the paper game hook line and sinker.

The term hoarding is used for many items, for instance hoarding food for a coming winter (a Kondrateiff Winter) much like a squirrel. Hoarding can be applied to metals, or anything else you would deem necessary. lhs hoards women. Khan hoards silver, he's the greedy one you are looking for:haha:

Remember too that if you save fiat in any instrument other than your home, such as money market, or bank saving, you are granting free will to the government to tax you on those funds over and over again.

If you save it at home ex the system in fiat based instruments, you are still going to be had, as the largest tax of all, the great inflation, will insure that you do not come out ahead. You may continue to accumulate fiat, but it is depreciated over time, resulting in less purchasing power.

Someone who accumulates metals is considered weird, a goldbug, a silver nut, and by some, flat out stupid because of the comparison to fiat. It has been 25 years since gold last saw $600, so it doesn't appear on the surface to be a very good investment does it? But, here it is 25 years later, and 1 ounce is still one ounce. There is no argument there.

Once having purchased the metal, there is no year to year tax against it. It is fully transportable to any country in the world. I will say here that most citizens in countries across the world will indeed understand gold or silver when traveling. They may refuse dollars, but they most certainly will not turn down gold or silver.

Most persons here know the Great Winter will indeed arrive one day. For that period, each chooses his/her own level of preparation. Some have carried it to a level considered deep survivalist by the sheeple. Many buy gold and silver as insurance against the fiat monetary system. Others hoard gold and silver. We all make choices by the level of our education regarding the fiat monetary system.

So greedy is a relative term, without knowing the persons and their intentions, you really could not apply the term. To most here, it isn't greed is good like in the movie Wall Street.

Welcome Aboard.

Originally Posted by Prometheus

People who come at me with that hoarding / stockpiling drivel show their true selves.

Frivilious idiots. They spend 1,000 bucks on a new sport coat or buy a new computer every 6-9 months... have the latest IPOD everytime they release it...

They call us names? Muahahhahaha.

I'll be dancing a jig when the come to me begging for food/protection/shelter. F-them. They have been warned.

Originally Posted by SilverNuts@Bolts

Yes "hoarding" has a negative bias, spread by banker crooks & such. The same goes for "taking profits", when the reality is: You Are Loosing Money and "correction", which implies, that the market finally smartened up and went down [You Are Loosing Money]. There are others, such as Federal [which it is not] Reserve [which it doesn't have any of] and many other, purposely spoon-fed lies.

Originally Posted by Jasper

Thanks for the informative and amusing replies. I've had another thought about this 'saving' vs. 'hoarding' business.

I don't think anyone has ever been executed for 'saving.' A headline such as "Sultan sentenced to hang for saving" would have us scratching our heads in puzzlement. But I don't think that "Sultan sentenced to hang for hoarding " would raise too many eyebrows.

In wartime, and during emergencies, and under communist regimes folk are often executed for the crime of 'hoarding.' That's why I don't like the word when it's applied to folk who are mainly concerned to preserve their hard-earned savings.

Originally Posted by Scorpio

It depends on your thought process.

When the metals are measured in return against paper, the metals are woefully lacking.........but that is all semantics. That is an argument that you will see put forth repeatedly.

So, saving paper based is indeed 'saving', hoarding, 'under the mattress', rainy day funds, paying off debt, and is considered prudent by most. Most people have bought the paper game hook line and sinker.

The term hoarding is used for many items, for instance hoarding food for a coming winter (a Kondrateiff Winter) much like a squirrel. Hoarding can be applied to metals, or anything else you would deem necessary. lhs hoards women. Khan hoards silver, he's the greedy one you are looking for:haha:

Remember too that if you save fiat in any instrument other than your home, such as money market, or bank saving, you are granting free will to the government to tax you on those funds over and over again.

If you save it at home ex the system in fiat based instruments, you are still going to be had, as the largest tax of all, the great inflation, will insure that you do not come out ahead. You may continue to accumulate fiat, but it is depreciated over time, resulting in less purchasing power.

Someone who accumulates metals is considered weird, a goldbug, a silver nut, and by some, flat out stupid because of the comparison to fiat. It has been 25 years since gold last saw $600, so it doesn't appear on the surface to be a very good investment does it? But, here it is 25 years later, and 1 ounce is still one ounce. There is no argument there.

Once having purchased the metal, there is no year to year tax against it. It is fully transportable to any country in the world. I will say here that most citizens in countries across the world will indeed understand gold or silver when traveling. They may refuse dollars, but they most certainly will not turn down gold or silver.

Most persons here know the Great Winter will indeed arrive one day. For that period, each chooses his/her own level of preparation. Some have carried it to a level considered deep survivalist by the sheeple. Many buy gold and silver as insurance against the fiat monetary system. Others hoard gold and silver. We all make choices by the level of our education regarding the fiat monetary system.

So greedy is a relative term, without knowing the persons and their intentions, you really could not apply the term. To most here, it isn't greed is good like in the movie Wall Street.

Welcome Aboard.