Would you buy an ounce of gold for $50? They wouldnt!

Quote from DrPepper:

Thank you for sharing this excellent manual. I am amazed that Mormons have been this prepared for years. There is no doubt in my mind that we are headed for a financial calamity in this country and this book has shown me how unprepared I am. I plan to take action immediately to order non-hybrid seeds and start researching water purification systems. I also plan to look into the shotgun they recommend for personal protection. I like their idea of stockpiling ammo, not just for use, but for barter. I also agreed with their suggestions about money. I think junk silver is the way to go.
More...

You are very welcome!
 
Quote from indahook:

I`ll play.

No, I would not buy that gold unless I had my Fisch detector and calipers on me.
More...


Think of it as a 50 dollar long call option on 1 ounce of gold deliverable. :)

If it is real, your good to go. If not you can then deduct the 50 dollar loss against capital gains :)
 
Quote from peilthetraveler:

When the world goes to shit and people want a meal, they are going to have to pay for it in gold and silver and how are they going to get it? Who is going to trade gold & silver for worthless peices of paper called dollars. When you made that statement, you assumed that dollars would still be worth something, but like you said...if the world goes to shit...that generally means that dollars are going to be worthless and gold & silver will be the money again like they were for 1000s of years. Remember it was only in the 1960s when they took silver out of coins.
More...
If you're lucky, when the world goes to shit, you'll be glowing and you'll be able to illuminate your house for free, if it's still standing.

:)
 
Quote from JSSPMK:

I think you guys are totally bonkers :)
More...

I understand how someone might think it is strange for people to be putting their weakening dollars into gold and silver coins, buying weapons for self-protection and preparing to be self-sufficient in the event that there are disruptions in the food, water or energy supply. Especially since the stock market is going up and life seems to be stable in the US.

However, the Argentina YouTube video cited earlier in this thread seemed eerily similar to the financial events unfolding in this country. Obviously, you cannot directly compare the US to Argentina, but there are other societies in history who have also gone through similar patterns of prosperity, followed by debt and decline.

Our brilliant political leaders continue to attempt to spend our country out of an imminent depression by throwing vast sums of money at failing banks and large corporations. They are creating an unpayable debt that will come due. The debt will only continue to get larger, the dollar will continue to lose value and the basic necessities of life like food and gasoline will become so expensive that many people will be unable to afford them, especially if unemployment remains high.

Unfortunately, it seems plainly obvious to me that we are on a collision course with financial disaster, which may lead to civil unrest. I wish it were not so, but since that is the direction we are headed, I think that it is wise to protect oneself physically and financially. It is also vital to be as self-sufficient as possible.

It is difficult for me to understand how someone who understands the idiocy of the economic policy of our country and the magnitude of our national debt can believe that life is going to continue as usual in the US.
 
Quote from DrPepper:

I understand how someone might think it is strange for people to be putting their weakening dollars into gold and silver coins, buying weapons for self-protection and preparing to be self-sufficient in the event that there are disruptions in the food, water or energy supply. Especially since the stock market is going up and life seems to be stable in the US.

However, the Argentina YouTube video cited earlier in this thread seemed eerily similar to the financial events unfolding in this country. Obviously, you cannot directly compare the US to Argentina, but there are other societies in history who have also gone through similar patterns of prosperity, followed by debt and decline.

Our brilliant political leaders continue to attempt to spend our country out of an imminent depression by throwing vast sums of money at failing banks and large corporations. They are creating an unpayable debt that will come due. The debt will only continue to get larger, the dollar will continue to lose value and the basic necessities of life like food and gasoline will become so expensive that many people will be unable to afford them, especially if unemployment remains high.

Unfortunately, it seems plainly obvious to me that we are on a collision course with financial disaster, which may lead to civil unrest. I wish it were not so, but since that is the direction we are headed, I think that it is wise to protect oneself physically and financially. It is also vital to be as self-sufficient as possible.

It is difficult for me to understand how someone who understands the idiocy of the economic policy of our country and the magnitude of our national debt can believe that life is going to continue as usual in the US.
More...

If US defaults, then you will be given an M16 by Uncle Sam, you will be getting tanned somewhere close to Chinese border eating oat cakes also provided by Uncle Sam.

Life is too short to worry about how bad things may get, just enjoy it I say :)
 
You must log in or register to reply here.
Back
Top