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How to make money selling gold,..
Fear is the absolute best salesman of Gold.
Find someone with some spare cash,
add in a pinch of ignorance,
pour in a good blend of natural fear,
stir vigorously until fully mixed up,
And bake @1700/oz until the green bubbles to the top.
Pull from oven when lightly browned and a nice tasty cash pie after cooling.
Serve with ice cream if desired.
www.ignorancedenied.com...
Originally posted by fixer1967
reply to post by 00nunya00
The IMF are the ones I worry about doing a gold dump. The have done it before. 403 tonnes back in 2009. Who know what they are up to.
Originally posted by 00nunya00
reply to post by smirkley
This is nothing but baseless assertions hidden in snarky attempts at wit. Show me the graph where silver (or even gold for that matter) has lost value on a 10-year scale?
Originally posted by 00nunya00
reply to post by smirkley
Of course it will fall in the short-term, that's the market. Long-term, it holds its value. Always has, always will. Unlike paper and faith in companies' earning power, there is a finite amount of gold and silver in terms of production and consumption, and the weaker an economy gets, the higher it's valued. Are you betting on the economy getting better, or worse? That's what it comes down to.
Originally posted by 00nunya00
reply to post by smirkley
Again, I'm not talking about getting rich in the short-term, I'm talking about preserving your wealth for the long-term and bringing down the fiat system.
Originally posted by 00nunya00
reply to post by smirkley
Sure it will----do you see anyone with the plan to help this economy recover? Do you see anyone with leadership that will keep this thing from crashing? If not, then it crashes, and everyone around you goes broke, but when silver hits its crazy highs, you sell and come out far better for the crash. It will peak again like in the 80's, and even if you miss the very top of the peak you have quite a while---years, historically----before it comes back down anywhere near what you bought it at (again, disregarding the insane one-day peak in 1980, and even that immediately recovered to astronomical heights before finally falling back down over a number of years). But what's more likely to happen in a non-crashing economy is that it will go up, and come back down to realistic levels, and then slowly gain again to hold its value in an inflation-adjusted chart.
Again, I'm not talking about getting rich in the short-term, I'm talking about preserving your wealth for the long-term and bringing down the fiat system.
Originally posted by smirkley
Originally posted by 00nunya00
reply to post by smirkley
Again, I'm not talking about getting rich in the short-term, I'm talking about preserving your wealth for the long-term and bringing down the fiat system.
And agin, I am telling you that fear alone sells gold silver and platinum.
If you want to talk about the 'long-term', then you wouldnt be talking about buying investment grade metals at the peak of their price points.
You as a real investor would be looking for depressed or reduced markets.
And silver or gold, aint where you would be looking, unless you are looking to exit that market into something with more upside potential.
Originally posted by pityocamptes
In the event of an economic collapse, you will be starving to death. JiT WILL SHUT DOWN. Applying the realm of Zimbabwe or some "past" local structure for the usage of PM's to what will probably occur at some point in the future, and saying that both scenarios are EQUAL, is a massive fallacy. If we have a global economic collapse, PM's WILL NOT help you in any way...
Originally posted by buddha
in the past in america the Gov has Taken the gold from the people.
they would do it again.
Originally posted by 00nunya00
Originally posted by pityocamptes
In the event of an economic collapse, you will be starving to death. JiT WILL SHUT DOWN. Applying the realm of Zimbabwe or some "past" local structure for the usage of PM's to what will probably occur at some point in the future, and saying that both scenarios are EQUAL, is a massive fallacy. If we have a global economic collapse, PM's WILL NOT help you in any way...
A) I won't be starving, I've got that covered.
B) Production will eventually start again, or do you think 7 billion people will just be content to lay down and die and never make progress again? The world doesn't end because the economy crashes, it always comes back.
C) Who brought up Zimbabwe?
D) During the rebuilding after a collapse, PMs will be one of the few things of intrinsic value after food and water are covered.
Originally posted by 00nunya00
Originally posted by buddha
in the past in america the Gov has Taken the gold from the people.
they would do it again.
Which is why I'm advocating silver. They could not possibly hope to confiscate or even try to account for the entire US supply of silver, there's far too much of it. Gold, they've already starting raking in----"sell your old and broken gold for top dollar!" Silver will never be confiscated.