Real Bad News

Here's a video that pretty much says it all. The Economy, Japan, the Middle East, it's all real bad news.
I'm not expecting it to get any better anytime soon.
www.bestmetalresearch.com...

The link probably would not work for everyone. Do you any more sources?

www.youtube.com...=17

You Tube Link

reply to post by FeraVerto

I think just putting bestmetalresearch.com into search engine would probably get you there. It's listed on youtube as well I think.

Redgreen

Friend. The video is very depressing. Hand wringingly depressing. The only positive thing about the video was in a few of the pictures, the love that was being shared by the down trodden.

The message was it's the bankers, the money grubbers. We get that.

But Redgreen, did you notice the the message at the very end? Buy gold and buy silver. The vid was brought to us by who??? Best Metals.

Truthfully if we look back over a hundred years to when we were on the gold standard to the time of Lincoln, when we were on the gold standard, people were poor and the banks were rich. Why? Because the banks had all the, what??? The gold.

Buying gold and silver will not solve any problems in the long run. Short term maybe. Sure it will by some food for a couple of weeks or months at best, but then it will all end up in the hands of we know who again.

We need to find not just a medium of exchange that will serve us in the long run, but a system which will not allow all of the exchange value to flow to the top. Something they can't steal from us.

For me the message is if we keep thinking of ourselves first, we will keep playing their game because they are already the winners in this game of some win and some lose. This is what we need to change.

reply to post by TerryMcGuire


Can't really disagree with you on anything you say. Gold can be bad, but a fiat currency is pure madness. With a fiat currency nobody less than the ultra rich has a chance. At least with a metal based currency you have something backing up your currency which makes it more stable. As it stands, they make the rules and then make the paper and then buy up physical goods with worthless paper which they then in turn devalue.
No, there's a reason why Gold and Silver are going up. It's because the value of the U.S. Dollar is going down.

reply to post by redgreen


Redgreen

No economist me. But as I understand the beginnings of the monetary system it was based on minerals, like you point out. The scarcity of them was what made people think that they had value. Barter was very inefficient. The early bankers from what I've read were the blacksmiths, who worked in metal and hence were the logical people to find barter with, metal for goods. But this was limiting. Paper came into the equation as notes of promise. Joe had x amount of gold with the smith, and rather than getting the gold to pay for the cow, he just wrote a note to the smith which he gave to the Bob for the cow and then Bob could go to the smith for the gold. Better.

You are right that the dollar is tanking and that gold and silver are rising in value. But from my perspective, this is not that gold or silver have value it's just that people are looking for something that is more solid than paper.
I remember the beanie babies. Gettem cheap at McDonalds with your burger cheap. People were buying them left and right because they we were told that they were collector items. Buyem cheap and one day twenty years later they would have a greater value. In a sense, people were abandoning their cash ( to a degree ) and using beenie babies as a medium of exchange. They would even trade them to round out collections for greater value in the future. Phony baloney. But a lot of poor people bought into it because they were going to be RARE at some time in the future. Now? Gettem for a nickle at garage sales.

I think the same with gold and silver. Like beenie babies they have little intrinsic value, sure they are good for this and that but not to the extent which they are rising in price.

So for me, buying gold and silver are merely short term investments at this point. Ten years ago, good investment, but now? I dunno. Others will say oh yeah oh yeah.

Back to the video though. Doom and gloom =gold and silver go up. So I am leery of those who tell me doom and gloom, and by the way do you want to buy gold and silver.

The video was really sad. Almost made me feel like it was suppose to program me for something. Like the monkeys on 28 days later forced to watch all those terrible things and then went crazy.

ahaha

but yea, I get that there are terrible things happening and there has always been 'real bad news' as far as I can remember.

reply to post by itaii

I appreciate your comments. The way I see it is, you can get just so far with the milk and cookies routine, if that doesn't work then you need to take a slice of lemon wrap it around a brick and hit people in the side of the head.

Real bad news? Yeah, you bet and we haven't seen nuthin yet. This is my own small attempt to waking the masses so they will take the steps they need to do as best they can.
All I can say is inform yourself find sites that will give you info you can use to make the best choices for you, only you know what that might be.
To put it still another way, when the bad times finally do get here I would rather be on the crest of the wave on a boogie board rather than down in the trough wearing a rubber ducky float ring.
Best wishes and may God Bless

reply to post by redgreen


You're absolutely correct! It is better to be the prepared one, than the one caught with their d*ck in their hand.

I just don't want to center my current world entirely around all the negative bullsh*t because when/if SHTF chances are I'll miss the days that I wasted dwelling on end of the world prophecies and not going for a walk and enjoying the silence and peace of my town.