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Originally posted by huckfinn
reply to post by circlesymbol
Why is crude oil priced and traded in Dollars? Is there some kind of agreement about this or something? What would it really take for this to change?
[edit on 8-1-2009 by huckfinn]
Originally posted by MatrixProphet
But, isn't it very difficult to get "real" gold? Aren't they issuing paper showing that you have purchased gold? What good does this do us if we need the actual gold to barter with?
Will gold certificates be worth anything when the s#@t hits the fan?
Originally posted by hawkeye1717
Schiff has an agenda and don't think for a second it's benign love of his country. I don't buy all this doom and gloom nonsense mostly because 99.9% of the time it ends up being BS. Schiff is not much different than a soothsayer or Nostradamus freak. Also, his 'predictions' seem to be getting more and more unhinged the more attention he gets from bloggers. Don't buy it people.
Originally posted by Lookingup
Can anyone else think of a "worst case" scenario that would stop you from investing in metals?
Originally posted by RetinoidReceptor
Originally posted by cognoscente
reply to post by RetinoidReceptor
You're thinking short term in the scope of perhaps one or two weeks. Your reasoning shortsighted and ultimately incorrect.
[edit on 8-1-2009 by cognoscente]
Right. So a collapse of the U.S. will only take one-two weeks. Yet a collapse of the U.S. financial sector hasn't been fully factored in yet and it has been about 2 months. Right. But I am sure I am wrong. Everything will be fine around the world if the U.S. collapsed in a week or two
Originally posted by Rockpuck
Silver even more so (it has also had a higher % growth
Originally posted by questioningall
No gold is easy to get, just a long wait now. Silver is almost impossible to get, almost all metal companies are out of silver, except for the 1000 ounce bars.
Just put the metals in a safe place.
Originally posted by PokeyJoe
I dont know about you guys, but I "put my dollars" into paying the rent and keeping food on my table....thats about all that I can afford to do these days. Whatever is going to happen is going to happen...do you really think that putting your money into Swiss Francs is going to protect you?
Originally posted by samolian pirate
i think my grand is dateing a samolian pirate from the carribean, they both got back from the bermuda triangle with all kinds of weird stuff. it was the weirdest thing, it was like she had a death star or something and then gozer the gozerian was makeing people laugh and sygourney weaver was takeing her clothes off. it was the weirdest thing.