Silver Is the ONLY Asset that Is NOT Someone Else’s Liability

[webmaster]

Subject:Silver Is the ONLY Asset that Is NOT Someone Else’s Liability
By: David Morgan, Silver Investor

Overview: Before sending me an e-mail telling me I am wrong, let me admit it!! I am WRONG—silver is not the only asset that is not someone else’s liability. But some of the staunchest “Gold Bugs” have it wrong and insist that gold is the only asset. In fact, fully-owned lumber or land or even an apple orchard are assets, and again, if owned outright would be an asset without a liability.

Link: http://news.silverseek.com/SilverInv...1222045297.php

[nayoibi]

Originally Posted by webmaster

Subject:Silver Is the ONLY Asset that Is NOT Someone Else’s Liability
By: David Morgan, Silver Investor

Overview: Before sending me an e-mail telling me I am wrong, let me admit it!! I am WRONG—silver is not the only asset that is not someone else’s liability. But some of the staunchest “Gold Bugs” have it wrong and insist that gold is the only asset. In fact, fully-owned lumber or land or even an apple orchard are assets, and again, if owned outright would be an asset without a liability.

Link: http://news.silverseek.com/SilverInv...1222045297.php

ATTN: webmaster , what is the low down on boarding a plane with physical silver or gold ?

[JesterJay]

Where, Oh where would you go after boarding said plane?
I truly want to know,
JesterJay

Originally Posted by nayoibi

ATTN: webmaster , what is the low down on boarding a plane with physical silver or gold ?

[TechGnosis]

I realise it's completely irrelevant to the content of the message, and I have the greatest respect for David Morgan, and read his stuff with my best attention. It's just that as a prose editor of long standing, I feel like reaching for the blue pencil when I see at the end of every message: "It's an honor to be, David Morgan". I get the feeling he hasn't really looked at what this is saying, and really means to say something about it being an honor to able to address his audience or something of the sort. But "an honor to be me?" Good fortune, perhaps, but.....

[prahudka]

Originally Posted by nayoibi

ATTN: webmaster , what is the low down on boarding a plane with physical silver or gold ?

Actually, boarding the plane for another country with too many PENNIES is a federal offense.



This article is unusual for David Morgan, who is usually a bastion of calm reserve on the markets. He was the most cautious of the bunch in the spring of 08, though he is always bullish in the long term. Unusual to see him really speak plainly on issues like this.

[nayoibi]

Originally Posted by JesterJay

Where, Oh where would you go after boarding said plane?
I truly want to know,
JesterJay

I am not sure , Paraquay ? That is where the Bush clan seems to be moving . South America might be good . Any third world country , that is getting 'treated' to the new waterless plumbing , has a good chance of remaining standing . I have wanted to be an ex-pate since the early 70's , but stay because what worth would life have , if those you love remained behind ? So , i guess the answer to my question is that you could collect a truckload of buillion , but you can't take it with you ? That doesn't seem right or fair , silver coin is legal money and silver rounds should be no different than jewelry . money is money ,you should be able to carry it in your purse or pack . Something bought and paid for should be yours , anywhere you go. Does this mean that american silver hoarders must sell or forever stay in the states with your booty ? Sounds dangerously close to being an albatross . This can't be so , there must be some other way ? (money is money , silver is silver , whether it is round or worn on a pendant )

[nayoibi]

Originally Posted by prahudka

Actually, boarding the plane for another country with too many PENNIES is a federal offense.



This article is unusual for David Morgan, who is usually a bastion of calm reserve on the markets. He was the most cautious of the bunch in the spring of 08, though he is always bullish in the long term. Unusual to see him really speak plainly on issues like this.

Where did you hear this ? I just talked to a friend who travels by plane to europe for vacation twice a year . He said he has taken up to 40 lbs. of silver coin and trades it in for local currency in whatever country he happens to be in . He says all coin must be packaged in transparent rolls , so it is easily inspected . WTF ? p.s. my oops-( apologies , this post was a response to prahudka ) still any explanations welcome from anyone.....

[ballininthamix]

Originally Posted by nayoibi

Where did you hear this ? I just talked to a friend who travels by plane to europe for vacation twice a year . He said he has taken up to 40 lbs. of silver coin and trades it in for local currency in whatever country he happens to be in . He says all coin must be packaged in transparent rolls , so it is easily inspected . WTF ? p.s. my oops-( apologies , this post was a response to prahudka ) still any explanations welcome from anyone.....

I don't have a source, but I've heard this too. Its because the materials in the pennies are worth more than the pennies themselves. People were exporting massive quantities for melting down.

[FedFixNix]

Originally Posted by TechGnosis

It's just that as a prose editor of long standing, I feel like reaching for the blue pencil when I see at the end of every message: "It's an honor to be, David Morgan". I get the feeling he hasn't really looked at what this is saying, and really means to say something about it being an honor to able to address his audience or something of the sort. But "an honor to be me?" Good fortune, perhaps, but.....

So it is not just me who get a flipping stomach when I read that arrogant signoff. As an editor, you should also be disgusted by the use of a totally deceptive and inaccurate title.

In an age when most people read little more than the headlines, if even that, such totally false titles to articles by a supposed "expert" is beneath contempt.

Someone needs to give Mr Morgan a serious clue.

[My Pants Are Cold]

Originally Posted by nayoibi

Does this mean that american silver hoarders must sell or forever stay in the states with your booty ?

Why would we Americans EVER leave the US?

I was listening to some radio talk show guy a few years ago and he was babbling on about how US citizens (when compared to other countries) had the fewest number of passports issued per capita. He went on to say that we also had fewer numbers of bi or multi linguals. His explanation was that we were basically stupid and lazy with no ambition to experience the rest of the world.

A more realistic explanation is that US citizens are ALREADY HERE. We don't need a passport to experience the greatest nation on earth. We were lucky enough to be born there. We have no desire to dip our toes in the squalor that is most of the rest of the world.

So again I ask, why would any American EVER pack up his PMs and leave paradise(relative)?