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Gold isn't an "Investment", It's a hedge against what Ben Bernanke is doing at the Fed. And I won't sell no matter how much it drops because I know that "investors" and "speculators" are dumping their "paper" holdings of gold, like the SPDR story that you linked to.
No one is selling their physical gold in fact in most Asian countries there are lines going around the block to buy gold.
But hey, you're free to do what you want with yer money.
Problem with gold is you can't do anything with it other than admire it's shine. I've invested in thousands of pistol and rifle rounds....particularly .22LR....that will be the currency of the realm after the financial collapse....40gr 1235FPS....good as gold....better really.
Problem with gold is you can't do anything with it other than admire it's shine. I've invested in thousands of pistol and rifle rounds....particularly .22LR....that will be the currency of the realm after the financial collapse....40gr 1235FPS....good as gold....better really.
You can use those to take some of American Commie's gold from him.
Seriously - buying ammo is far more rational. If the dollar ever collapses and the world economy along with it, gold won't be worth squat. All that will be worth anything is ammo, food, and other consumables, and what capital equipment (rifles, cars, tractors, oil refineries) are left over after all the factories shut down.
problem with gold is you can't do anything with it other than admire it's shine. I've invested in thousands of pistol and rifle rounds....particularly .22lr....that will be the currency of the realm after the financial collapse....40gr 1235fps....good as gold....better really.
you can use those to take some of american commie's gold from him.
Seriously - buying ammo is far more rational. If the dollar ever collapses and the world economy along with it, gold won't be worth squat. All that will be worth anything is ammo, food, and other consumables, and what capital equipment (rifles, cars, tractors, oil refineries) are left over after all the factories shut down.
Gold isn't an "Investment", It's a hedge against what Ben Bernanke is doing at the Fed. And I won't sell no matter how much it drops because I know that "investors" and "speculators" are dumping their "paper" holdings of gold, like the SPDR story that you linked to.
No one is selling their physical gold in fact in most Asian countries there are lines going around the block to buy gold.
But hey, you're free to do what you want with yer money.
Problem with gold is you can't do anything with it other than admire it's shine. I've invested in thousands of pistol and rifle rounds....particularly .22LR....that will be the currency of the realm after the financial collapse....40gr 1235FPS....good as gold....better really.
You can use those to take some of American Commie's gold from him.
Seriously - buying ammo is far more rational. If the dollar ever collapses and the world economy along with it, gold won't be worth squat. All that will be worth anything is ammo, food, and other consumables, and what capital equipment (rifles, cars, tractors, oil refineries) are left over after all the factories shut down.
Good luck finding ammo...the DHS has drained the inventory.
No it isn't.As noted earlier in the thread, holding physical gold is a hedge against government policy.
Problem with gold is you can't do anything with it other than admire it's shine. I've invested in thousands of pistol and rifle rounds....particularly .22LR....that will be the currency of the realm after the financial collapse....40gr 1235FPS....good as gold....better really.
Good luck finding ammo...the DHS has drained the inventory.
As noted earlier in the thread, holding physical gold is a hedge against government policy. If you wish to day trade on gold "paper", be my guest. That's a completely different investment vehicle.
Saw this coming a couple years ago....got a massive stash. Treasury printing money, Fed buying it....can't last much longer, Bernake said so. When the debt hits $20T it either tips us over or we default. If we default, the USA will split into 4 or 5 countries same as when the USSR fell. What then? The only currency that will matter will be rifle and pistol cartridges.
Typical meme from the unknowing ones is that you can't eat gold.
My step mother asked me recently: "Why do you buy Gold? You can't eat Gold!" And I responded with "Why do you buy clothing? You can't eat clothing!"
Her: "I don't buy clothing to eat it!"
Me: "Oh so you buy clothing for some reason other than eating it? Do you think I buy Gold for some reason other than eating it?"
"Why do you buy gasoline? You can't drink gasoline!" "Why did you buy a Cell Phone? Why did you buy a Vacuum Cleaner? Why did you buy New Tires? Why did you buy a Lawn Mower?" You can't eat that stuff!
All gold is good for after there is nothing to buy is for capping your teefs.....when you smile for some reason, I see the glint, I start shooting, pull out your gold teefs and trade them to the Sioux for a buffalo robe.
Why would you spend your time panning for gold if (in your opinion) it has no value?
Why would you spend your time panning for gold if (in your opinion) it has no value?
Why would you spend your time panning for gold if (in your opinion) it has no value?
I can think of one reason only: He's lying
I don't lie about anything ya freak.
I can think of one reason only: He's lying
I don't lie about anything ya freak.
That's fine. I was under the impression that the question was directed at the Original Poster who is clearly trying to get us to sell gold while bragging that he is going to profit from us "when" there is a gold freefall, indicating he is going to be purchasing it.
I haven't been following your discussion at all.
