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Originally posted by Stewie
reply to post by mordant1
Did you know the survivors of the black death had the genetic makeup that prevented them from dying from it? A very rare minority. Anyway, their descendants are immune from the AIDS virus and possibly other crap yet to come.
Originally posted by glitchinmymatrix
Whatever. Life goes on. Go buy yourself some land if it makes you feel better. Be sure to stock up on plows, fertilizer, water, seeds, mules, and people to help you...oh, maybe you have all that already since you are so forewarned.
Originally posted by GunzCoty
reply to post by mordant1
No not saying that please review my other reply. Just saying if you put your money in the bank/safety deposit box/safe/under your bed.
We all know it wont do much good if the "Gummint" comes out 1 day and says the US dollar is wroth nothing.
But if they can take the gold anytime they want how is that different? And gold is not the only investment you can make there are diamonds,platinum,brass,copper and titanium ect.
Its true that gold is going up and up but most people buying gold are doing so just in case TSHTF but do they have the gold with them? Who can stop the company/s from keeping it if TSHTF
It sounds like a scam hmmmm no hold on .....yeah it has happened and thats how we got the FED you know they caused panic people took there money out the banks the banks call in there debt.
The market hit the floor the "Gummint" said we need your gold so give it to us or you will be sent to jail for about 10 years then they said hey the FED is what we need.
And now we are all be-yatches to the privet bank called the federal reserve aka the FED. So is buying gold a bad idea or a good idea? Does it matter?
Originally posted by Aliensun
Earlier today, I was reading a blog article about a woman in Canada that had purchased silver and attempted to take delivery of it through Wells Fargo. Even though she was in terrible physical health, her son was a lawyer and she eventually hired two other lawyers to help her take actual possession of the silver, Wells Fargo threw up months of roadblock after roadblock to prevent her from doing so.
In a just and open society her request should have been granted in a timely fashion with a minimum of delay. The system is collapsing, folks, little doubt about it.
Today's news discusses the buying up of all cocoa beans in europe by speculators. Food will probably be the real target, better than gold and silver in both the short term and long term. You would, wouldn''t you, trade a precious metal for something to eat?
[edit on 19-7-2010 by Aliensun]
Originally posted by cloudbreak
reply to post by dominicus
It's no coincidence that gold has been the best performing asset over the past ten years, and there is every reason to believe it will again be the best performing asset over the next ten years.
Ignore anyone who says you can't eat gold. Gold is money, and is the only true universal currency that will keep your head above water, fed, and with the means to trade internationally, which will be of the utmost importance when the debt-based fiat system is stretched to breaking point.
Land is of course good too, but the world is not going to collapse mad-max style unilaterally. There will be some countries that still produce and do relatively well, while others will strain under hyperinflation or severe currency revaluation/debt issues as leaders crank up the paper printing presses in a bid to stay afloat.
The reason why central banks hoard gold, or trade gold, is for one reason only - and that is is that gold IS money. It is a currency, universally recognized and accepted.
Below is the best performing funds over the past ten years, and the theme within is fairly evident.
Decade's Top-Performing Funds 10-Year Return
USAA Precious Metals & Mining 24.4%
ING Russia (LETRX) 23.8%
Black Rock Energy & Resources (SSGRX) 23.1%
Evergreen Precious Metals (EKWAX) 22.7%
Tocqueville Gold (TGLDX) 21.7%
First Eagle Gold (SGGDX) 21.4%
Van Eck International Investors Gold (INIVX)21.4%
GAMCO Gold (GLDAX) 20.3%
OCM Gold (OCMGX) 19.7%
Oppenheimer Gold & Special Minerals (OPGSX) 19.6%
[edit on 18-7-2010 by cloudbreak]
Originally posted by Illusionsaregrander
reply to post by GreenBicMan
So take advantage of the war of the titans and buy cocoa beans while they are artificially low? (Assuming the price before his attempt to corner reflected natural supply and demand and price.)
This does highlight to me why I am so wary of "buy" messages that are trickled down to the little guy, however. Its just too easy for the big guys to move the markets, and we are pretty much at their whim unless we can take advantage of their little wars between themselves.
I think it was you that linked the videos about how they did this before the first market collapse. (I may be mistaken, however)
Since you do know this side of the market well, is all this currently legal?