End Game, Gold Investors Will be Destroyed

Market Oracle ^ | June 15, 2010 | Shelby H. Moore

[Errant]

I think they will both be able to be traded to an extent. Just make sure you don’t have to depend upon a barter to survive.

[23 Everest]

Don’t forget the knowledge, experience and skill to provide for your family and properly manage the herd.

[2aberro]

Those would be rare. Bt those who use guns to rob people of their food still end up dead, just more expeditiously than by starvation

Point of order....those with Ak's, AR's, .22's etc will protect those that have farms, whiskey distilleries, etc. I'll for-go gold for guns thank you...PS....just because we have firepower does not make us thieves...maybe just the opposite.

[SgtHooper]

Agreed. Gold is a bad investment unless you sell it high, which any average joe will surely anticipate. sarc/ The problem with gold is that it can dive to nothing in a few hours. Silver is more stable. Or even diamonds. I think gold is a sucker’s bet. And those of use who are well-armed, will dominate. Thus, lead can be turned into “gold”, when needed.

[Atlas Sneezed]

Point of order....those with Ak’s, AR’s, .22’s etc will protect those that have farms, whiskey distilleries, etc. I’ll for-go gold for guns thank you...PS....just because we have firepower does not make us thieves...maybe just the opposite.

---

So. You have plenty of guns. What do you store your wealth in? More guns?

[bannie]

Ok,all of you experts:

What do you suppose the new ore discoveries in the Middle East will mean to our gold “market”?

short run?

long run?

[dragnet2]

The insiders can set up anyone, and will shake them them down too.

Fact is, if things ever got bad enough, ya could trade hand full of gold for a ham sandwich....

[Errant]

ya could trade hand full of gold for a ham sandwich....

Or a wheelbarrow running over with $100 bills...

[Errant]

short run = IMO negligible...

I'm not sure there will be a long run.

Debt is the four letter word to watch out for, not gold...

[bgill]

I’m looking to put my money into dirt.

Ooooh, did I ever rile folks up here who think they're going to buy food with gold. Hate to tell them, if there is no food then no amount of gold will make a loaf of bread appear. You have the right idea with dirt. Dirt will provide that loaf of bread. Just make sure that dirt is protected with some brass.

[Nervous Tick]

>> Ooooh, did I ever rile folks up here who think they’re going to buy food with gold.

Folks who own gold take owning gold quite seriously.

Fact is, I don’t KNOW what’s going to happen. Neither do the gold bugs, or you, or anyone else.

All any of us can do is to take our chances on our best educated guess as to what will happen, and plan our affairs accordingly.

Best of luck to you. And your point about “brass” is well taken.

[Hostage]

You don’t need dirt to grow veggies:

http://www.hydroponicvegetablegardening.com/

[jiggyboy]

Goldbug ping

Mail me to get on or off the Free Republic Goldbug Ping List.

[jiggyboy]

“Special” Goldbug ping

Let’s just retire the trophy — what trophy I don’t quite know — on this response.

[Jet Jaguar]

BTTT!

[PA Engineer]

no,,, but .22 ammo is better than gold. Yes, it can be traded for food........... which I grow and kill.

Whatever you kill will be gone in less than a year. Think of Stalingrad and Leningrad. The people with the pink complexion are the ones that dined on you the previous evening. You are new here. Think about it.

[PA Engineer]

Morally Flexible

I like that. A video game. Heck, I am going to snipe for points. Screw everything else.

[PA Engineer]

.22 ammo is by far more reliable for trade and is instantly recognizable and testable. Gold ain't!

Ya think newbie? I'll trade 45,9, and specialty 12 for some of that gold. You will be food.

[PA Engineer]

So. You have plenty of guns. What do you store your wealth in? More guns?

Check out the born of dates. These are cat food. ;-)

[PA Engineer]

Thanks for the ping. Many weekend survivalists and plants on this one.