Posted on 03/28/2014 8:46:41 AM PDT by blam
If you have nothing to eat, a can of beans can equal a gold bar in value.
No one with gold will starve, but it’s smart to stock up a bit first.
Those that control the gold market are buying up all they can at fire sale prices because they know that their game is almost up.
It will on the way up to $5000.
If Gold was going to boom, do you think they would be shilling it all of the time? Or would those Gold companies hold onto their gold and sell it later?
Or do you think that realtors are hypocrites for trying to sell houses when they should be holding on to them?
I’m amazed that intelligent Freepers come up with this argument so often.
In reality you will be trading a case of beans for a mercury dime.
Sell your house and stock up on gold! Do it quick before prices go up!
“If you have nothing to eat, a can of beans can equal a gold bar in value.”
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If I only had one can of beans and there was no other food anywhere I wouldn’t trade that can of beans for all the gold on Earth. The beans would fill your belly for a little while, the gold would do nothing for you.
The only sensible position for anyone other than a hedge fund, prop traders at big banks or the Rothschilds.
http://www.the-scientist.com/?articles.view/articleNo/36102/title/Silver-Boosts-Antibiotic-Efficacy/
Course some big shots in the WHO say that it is the only antibiotic effective against...this:
http://www.medicinenet.com/mrsa_infection/article.htm
oh well
“China has been buying like crazy in the last year as their economy has been weakening. Not likely to sell gold. They dont need it for liquidity. Their central bank creates money like ever other one.”
The Chinese have been curbing their holdings in US Treasurys. They’ve got over a trillion dollars of them. I’d think they’d dump those before gold. In fact, selling them to buy gold might be a good idea to them.
I see a false assumption on your part.
My favorite "intelligent" argument is the one that sees no possible variation in collapse scenarios. It's either status quo or The Road: The "you can't eat gold argument".
You realize they are being squeezed by a liquidity vice, right?
Liquidity vice? no. Solvency vice? yes. They are reducing their Treasuries, increasing their gold holdings, and easing their currency value. This has been happening for a year, prior to their Lehmann moment, which is upon us shortly.
And I read an article from an "expert" that says gold and silver will tumble in 2014, with gold going down to the $300s level. Predictions are all over the map; you're better off going to a fortune teller (get it, "fortune" teller ha-ha). The expert I am speaking of predicts massive deflation in our economy because public debt far exceeds our government debt. Everyone is looking at what the government owes, but they are ignoring the fact that people (the public) have massively created artificial money by borrowing against credit cards and the like and it will collapse causing deflation. A reset of the economy, so to speak. Those who have no debt will prosper and survive. Those who sink money in metals, property and stocks will lose fortunes.
I don't know who to believe. If you have extra money, then put some in metals. But I wouldn't put all my eggs in one basket. Scary times.
Because in Japan you can’t buy those neatly packaged precious metals Copper, Lead and Brass!
“Fortunately, Ill be nearby, happy to trade two spare cans of beans for your bar of gold. No one with gold will starve, but its smart to stock up a bit first.”
The article didn’t mention the Japanese are storing food, so I wondered if they were only buying gold and that’s it.
It’s not an either, or, situation. Have both but have food first.
Buy it as insurance. Pre 65 US silver coins will be a known quantity if the dollar collapses or in case of hyperinflation.
In the case of hyperinflation, paper money will likely be devalued, with a turn-in of old $10 becoming a new $1. However, most times this has been done, only paper money is affected and coinage is ignored. Which means that your old 50 cent piece will instantly become worth $5. Government figures most people only have a little coinage on hand. They don't know my wife, with many thousands of pennies, nickels and dimes. I have a lot of nickels; going through them I've found silver war nickels (they're still in circulation).
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