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Originally posted by votan
I prefer food & water over gold.
Originally posted by EA006
reply to post by Cinrad
Alex Jones not point out this last year???
Silver next....
Then a dollar devaluation......
Originally posted by guitarplayer
reply to post by Cinrad
Rest assured when TSHF a bushel of wheat will be worth more than an ounce of gold.
Originally posted by NOTurTypical
reply to post by HanzHenry
Gold-tard?
My investment has grown exponentially in the last decade and will survive any collapse of the economy.
How is that in any way retarded?
A gold tard is someone who thinks they are "gonna outsmart the bankster/elites" and get into gold after it has already QUADRUPLED in value last decade/
They actually think they are 'protected' against the elites. Well, gold was a good investment 2005. 2013, hmm lets revisit this in 12months.
Gold doesn't rise or dip in price, currency does.
Originally posted by NOTurTypical
reply to post by ANNED
Gold doesn't rise or dip in price, currency does.
No, precious metals are a commodity just like any other that is valued depending on supply vs demand.
It's been valued via SvsD since the dawn of human history. It's only worth what the market is willing to pay.
Originally posted by NOTurTypical
reply to post by HanzHenry
A gold tard is someone who thinks they are "gonna outsmart the bankster/elites" and get into gold after it has already QUADRUPLED in value last decade/
You don't understand supply vs demand really do you?
Unless you know of some millions of tons of gold hidden somewhere that no one else knows about.
.edit on 9-8-2013 by NOTurTypical because: (no reason given)
Originally posted by NOTurTypical
reply to post by ANNED
You realize there is a finite gold supply correct?
The population of the Earth is not finite, the demand increases daily.
simple minded guy says "well, der, gee.. even though the elites have controlled gold longer than any other currency, they cant possibly have untapped mines.. der, der yuk yuk.."
Originally posted by ANNED
Originally posted by NOTurTypical
reply to post by ANNED
You realize there is a finite gold supply correct?
The population of the Earth is not finite, the demand increases daily.
Yes and less then 1/10of a % of the gold that can be economically mined has been mined.
the other 99.9% is still in the ground.
Originally posted by Ameilia
Originally posted by ownbestenemy
reply to post by Cinrad
What "rapid" plunge? I am curious as what constitutes as a "plunge". Unless outside forces interject, the price of gold will be directly tied to ts supply and its demand.
To the facts, it had a 4% drop; how is that a plunge?edit on 9-8-2013 by ownbestenemy because: (no reason given)
To the facts, it has actually fallen from $1800 to $1200 in less than a year. Quite a bit more than 4%.
Gold 1 Year Chart
Study up, then you might be able to respond appropriately to what the original post is referencing.