The Only Two Reasons to Own Gold »
Posted By populist 7 months, 1 week ago in Business & FinanceIf they were not so stupid, they would see that buying gold now would easily make up for their meager income reductions, and if they had been buying gold, silver and oil all along, they would be miles ahead!
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populist
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CRYMTYPHON7 months, 1 week ago
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Why do people who invest in gold always preach to us to buy gold?
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Doesn't that mean that there will be less gold for them?
Are they being charitable ?
Or is it that they want people to want gold,
so that the value of the gold they have is worth more?
Which is most of the value that gold has; its scarcity.
if you frighten people into buying gold it is valuable;
if no one cares, it is just another comodity like hog jowls
or corn shares. -
judah-hertzComment removed: Hard Banned
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100%
beavith17 months, 1 week ago
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you could look at it like that, Crym.
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let's go 'worst case scenario.' say the $ becomes worthless. i don't personally think that it will , but who knows?
what do you use for a medium of exchange?
then the question becomes more like: what IS a suitable plan B to husband living resources?
i'm toying with buying gold. it becomes more viable when you two propeller articles where one compares us to a Latvia under dickensian poverty, and antoher that notes that China's survival is shackled to further and continuous investment in our federal junk bonds.
gold? yeah. guns? you bet. silver? yep.
heck. i'm even considering gross fuel and food storage.-
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CRYMTYPHON7 months, 1 week ago
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I'm going with spam and coffee.
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I give you a week, beavith1, before you are on my doorstep
with a kids' wagon of gold wanting to trade for 2 pounds of Jamaica Blue Mountain.
I'll be rich!
Then of course the zombies come thru the window and eat us all up.
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