Everyone knows the economy of the USA is on the verge of collapse. Our money is backed by debt, of all things! How the hell can you buy anything with
debt?!? That's why all the smart people are buying up as much gold as they can get their hands on! When the economy collapses (and Big Government
comes for your guns and your Bible), do you really think John Q. Citizen is going to take worthless paper money to pay for those canned goods he was
smart enough to stockpile? Hell, no! J.Q.C. wants nothing but the finest precious metals; or at least some gold will do. Because while the value of
paper money is totally arbitrary and meaningless, the value of GOLD!!!! is real and concrete!
That's why helpful companies like this one will SAVE YOUR ASS by helping you convert your entire retirement package into good old-fashioned gold! They
know that when the collapse comes, all those paper dollars are going to be worthless! They're not dumb! They have experts and stuff, and, hell, they
even have Glenn Beck up there speaking truth to... well, they had Glenn Beck up there. But the point is, he wouldn't lie to you! And so compassionate
corporations are doing their best to help out fellow Americans, as corporations are wont to do, by taking all your soon-to-be-worthless US currency
and trading it for the only thing that's going to be of any value once The Apocalypse comes! Because... because they, uh...
WHY DO PEOPLE BELIEVE THIS CRAP IT DOESNT MAKE ANY SENSE
Why would they want to get rid of all their gold if it's going to be the only thing of value? Why would they trade it for worthless paper bills, or,
*gasp* debt?! Why wouldn't they take their own advice and continue stockpiling gold?
Never mind the fact that the "coins" some of these companies sell are only worth 1/3 of what you pay for them. "Invest" in gold coins now!
Never mind the fact that, in the event of an economic collapse, people would have a hard time getting things like... gasoline... let's stop there and
think about that by itself for a second. Without gasoline, how many of us would be able to get to a store? Once we got there, how would the store have
gotten goods shipped to it? How many people own a horse? Does the horse eat gold? Do you eat gold?
Never mind the fact that you can't eat gold.
People are going to have a hard time getting the basic necessities, like food, water, and gasoline to go places. What use would they have for gold?
What would make gold any more- or less-valuable than paper money (or used socks or empty piñatas or Johnny Cash CDs)? Why would anyone believe that
the value of gold is not also completely and totally arbitrary, based merely upon the fact that it looks pretty?
These companies are like VAMPIRES. Not the cool ones that have lots of kinky sex and whatever the hell else goes on, either. The cold-hearted,
uncaring ones that don't even bother to wear a cool outfit when they suck your 401k dry, leaving you sitting in your dark cardboard box gnawing on
gold bullion embossed with Glenn Beck's face or a bald eagle or some crap and wishing it was a can of baked beans or something, after the OMG world
economic collapse. How many paranoid people - a paranoia coincidentally fueled by talking heads going spastic over impending doom and oh God oh God
buy this gold - are out there trading in their life's savings for 1/3 of their life's savings BUT SHINIER!? Is your kindly old grandmother one of
them? Is mine? Basic rule of thumb: if you see a corporation doing something - anything - they are profiting from it somehow. All they are getting out
of trading their fancy gold coins for your hard-earned US currency is your hard-earned US currency. It follows that your hard-earned US currency must
not be so worthless after all.
Why put all your eggs in one basket when you can trade them in for gold coins that you can later use in an attempt to buy your eggs back once you are
starving to death? LKSFJ D_)F #OF:EW L #:@K:#@
If you are so sure that the end is near because the Mayans said so, or whatever, and you "prepare" by buying a bunch of what amounts to
heavier-than-normal video arcade tokens, instead of CANNED GOODS, MEDICAL SUPPLIES, and damned BULLETS, then maybe you deserve whatever fate natural
selection is willing to dish out.
- An article written for
simple-minded folk like me, explaining that, basically, the gold market is about to do what the housing market did a few years back, because of how
speculating blah blah economics stuff.
utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29 - Written by a little-known investor named Warren Buffy or something like that, explains
the same situation using a bunch of long, technical words that I don't understand.
...Here are some Warren Buffet quotes:
The second major category of investments involves assets that will never produce anything, but that are purchased in the buyer's hope that someone
else -- who also knows that the assets will be forever unproductive -- will pay more for them in the future. Tulips, of all things, briefly became
a favorite of such buyers in the 17th century.
This type of investment requires an expanding pool of buyers, who, in turn, are enticed because they believe the buying pool will expand still
further. Owners are not inspired by what the asset itself can produce -- it will remain lifeless forever -- but rather by the belief that others will
desire it even more avidly in the future. The major asset in this category is gold, currently a huge favorite of investors who fear almost all other
assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being
neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and
incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.
True; gold is a stable isotope, with a half-life of infinity !!! (maybe)
What motivates most gold purchasers is their belief that the ranks of the fearful will grow. During the past decade that belief has proved correct.
Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an
investment thesis. As "bandwagon" investors join any party, they create their own truth -- for a while.
And then... they create more truth by bringing about the very same economic collapse they are afraid of? Nice.
INVEST IN BAKED BEANS
edit on 14-2-2012 by -Blackout- because: (no reason given)
edit on 2/14/2012 by tothetenthpower
because: --Mod Edit--All Caps Title