[Yo-Yo]

End Game, Gold Investors Will be Destroyed

Tell that to China.

[LukeL]

Well, I have heard that the amount of physical gold is far far less than the amount of paper gold issued. Thus $5,000-10,000.00 Gold is possible.

[cherry]

only if you keep holding it...if one took profit right now,it would be a great investment...

[bgill]

When it hits the fan, you can’t eat gold.

[BipolarBob]

'"going to have their arms burned up to their armpits...""

Do you think that quote is a metaphor or is the government going to impose draconian torture techniques on those trying to game the system?

[GnuHere]

I feel as if there is nowhere to hide. What if the stock market collapses along with the dollar, this guy is saying gold will be no hedge and the barter system will also collapse. Then if Bambi and the Dims are not stopped, owning land and personal property would do no good, since anything could be seized (after your ammunition runs out...).

[theBuckwheat]

Gold is money, fiat is a paper promise backed up by other paper. Gold cannot be destroyed. Paper money will be, especially by those who cannot keep their fingers off the printing press “on” button.

I just bought a 100 trillion dollar bank note from Zimbabwe. I paid $4 for it on eBay. There are plenty still listed. (search “zimbabwe trillion dollar”) It was not too many years ago when this number of Zimbabwean dollars would represent the entire GDP of the country. What replaced it? The US dollar, Euros and gold.

[crz]

As a survivalist would view-gold would be used for the big items and silver would be traded for the daily common items.

So gold IMO although is very very good, it should be viewed as a investment item, whereas silver as a item for trade.
Of course if some would like to continue to purchase big ticket items then Gold is the answer.

[hinckley buzzard]

If Little Timmy Geithner (Treasury) is telling you Gold is a Bad Deal, you draw your own conclusions. Obama wants you out of gold. Isn't that all you need to know?

[YHAOS]

"Note I am not making a specific allegation against any person or family"

When you do, get back to me.

[qam1]

Ping

[jnsun]

This article is from the UK. The US physically is in far, far, far, better shape than western European nations. There is enough energy, there is enough arable land, there is plenty coast line and fishery. But again that is physically, not politically.

Canada and Australia likewise are well endowed, even more so than the US.

It is the sinister political agenda that we must deal with. George Soros, or the Rothschilds, couldn't care less if the US is brought to its knees in the global context. We are dealing with a paradigm of global subversion, and some know it, e.g. Sarah Palin.

We could be living in the remaining garden on Earth, but that is NOT the agenda - "those fifty million unconscious illegals, let'em in."

Is this not obvious?

Johnny Suntrade

[2aberro]

The problem with gold is the people that have the most of it think there will be banks to turn it into cash....or barter for food....in which case,,, what would a pound of rice be worth and how do you cut up the gold coin? If its real.

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

[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....

[jiggyboy]

Goldbug ping

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

[dennisw]

yeow!!!!