Re: Financial Collapse: Don’t Buy Gold?
Saturday, April 24th, 2010 at
12:14 pm
Depression dollar backed by gold, silver, and a production nation. 2009 Depression, dollar backed by printing press and Visa nation.
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Tagged with: buy • collapse • crash • Credit • Crunch • Don't • financial • Gold • Inflation • market • silver • stock
Filed under: Gold
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@secretsquirrell13 no they melt all those rings and jewelry down and get about 35 to 40 percent . Rest is alloys and crap so take lots and lots of Home Depot Orange buckets of gold crap jewelry to make pure Gold.
Congrads to all you who have gold and silver and Platinum great but IF I had it I would dump it after Summer…no later than 2010 fall or get stuck with it.
@eurohim Pawn shops AHHHH my buddy owned one had buckets and buckets in city here East Coast all those CRAP hoodlums come in there even with their Damn gold teeth big chains all that crap…they just give them$ 10 bucks for 500 dollar chain and laugh like hell…send it to Refinery. One bucket about 5K to 10K worth of gold….
@sixer6 PS when Pawn shops were doing the bucket deal that was when gold was at lowest $500 to $600 an ounce now GOOD GOD Pharohs have returned to Egypt —all those crooks telling you to send them your Gold,Jewelry rings ect –Damn Americans are broke,Stupid, and desperate…$1000 and ounce..ONe Bucket worth 25k to 35K…Rich just get richer.
damn skippy and im sure they have buckets and buckets and buckets and buckets full of poor stupid ppls gold, its sad the poor starve suffer and die, and the rich get richer fatter, and live longer, i fear for the future of our children, but……….we will win.
@secretsquirrell13 Yup just go to any major city usually Arabs own them now..usually little sleazy Arab with chains around his neck and dressed up like Disco man…buys your necklace or rings for $25 sometimes less 10 bucks…throw into the bucket..
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Gut feeling that the U.S. will establish a legal mandate that everybody turn in their precious metals to pay off the Chinese. This may be another facet of American transfer of wealth to China. Also, as Americans are taking money out of their local banks to buy metals, this will cause the smaller banks to collapse and JP Morgan and the other big banks will buy them out. These big banks are arms of the Fed. This will strengthen the Illuminati control grid. APMEX uses JP Morgan for cust. paym
Also, maybe the price is being manipulated downward to make not cost effective to mine which satisfies the Illuminati’s desire to deindustrialize the west. Add to that the fact that so much of it is in the hands of private investors and the supply is practically non-existent! Get the picture?
Gold ownership is considered a privilege not a right. Thanks to Roosevelt in 1933 The government can step in at any time to request you turn in your gold at the price they decide. We’ve been off the gold standard for 40 years and to me that’s 40 years of golds unaccountability. unaccountability=suspect=high risk=big loss=sucker
? Don’t worry then. If you don’t have any, it isn’t your concern. I listen to people that have large amounts of money that have made it by making the right decisions. If you don’t buy gold and silver now, I hope you have bought land or real estate! Otherwise you might be STUCK with a bunch of firelighters (worthless paper money).
Regards
@ToyMaster83 The second ones yes LAND and something you may even lose even if you own it and the property it sits on..Houses–hell with that; –I don’t trust even that> Own LAND and Big Mobile Home —can’t take that…and lots of Canned food and Water purification system. Weapons to protect it as well…!!!
LOL. Good luck with that! I hope you are a one of a kind. Too many people like you would make this planet collapse.
@ToyMaster83 Not hardly; more like a growing population LOL!!
Think about it, even Gold is worthless!
Its just a matter of time before blights affect wheat crops. So buy long term wheat futures
@JDCubed789 you are correct when you say that gold is worthless, if we lived in a non monetary system. yes wheat which is food is like oxygen and water, it is true wealth, but buying futures in wheat are worthless, the best investment is agriculture, owning farmland
Great video, during the great depression the fed had pretty much enough gold to cover the dollar. during the great depression we did not have 160 trillion dollars of unfunded liabilities. we did not owe 14 trillion to other nations. you average person did not have a mortgage or an equity loan. we did not live in a fiat currency era.
in bad times currency is always food and dont forget water!!as if gold is worth ina crazy time please gimme a break,
money is not real.
there will be no change until the love of power is overcome by the power of love.
He is 100% correct. Tho I agree with a previous comment, food/water would be a very good idea as well as silver/gold.
GDP, inflation, debt tally is alllll BS numbers skewed to make the gov look healthier than it really is to get us to keep our mouths shut and talk foreign gov’s to lend us more and more money
Collapse is coming very very soon
Count on it
Grow more of your own food! Store dried foods and grain! Save seed! Get to know your neighbors.
it has already collapsed , we are just living in cover ups and ghost money just some more time to one world order to be puclic
and then we die
i’VE HEARD YOU CAN MAKE MONEY FOR COLLECTING NUMISMATIC GOLD AND SILVER COINS. Is this true? i’ve checked out this site, and want to see if you guys can tell me if this is real. thenumismaticnetwork . com do you thin what they have is legitimate ? please post a video on this subject.
@deadflo
I can add to that, invest in livestock of some kind.
Those who had small farms had something to eat……………….