Gold, silver, etc.

[DeepInThoughtParticipant 2710]

MalfunctionNeedInput wrote:

DeepInThought wrote:

But I will say this. This new world order, one world government and one world currency is well under way and definitely not a conspiracy theory.

This to me is a scary proposition.

I mostly own silver, and not too much. Maybe I’ve spent around 1200 USD on coins and a few bullion. I purchased it because of the notion that it should 1/16 the value of Gold and it isn’t anymore, hasn’t been in a long time. I also purchased it because it’s much cheaper than gold. With the prices being what they are now, it is very tempting… Maybe when/if gold drops below 1000 USD.

Everything is being totally manipulated atm.

I have spent countless hours going over the US numbers and nothing adds up, and a Fed Reserve hike rise will only create massive dramas. And as for last months Non Farm report…it was total bulls~~~ figure. Even the Wall St guys were like WTF?

[Won'tGetFooledAgainParticipant 3293]

Just sold my 1oz of gold today, so I am officially out of the game.

Basically, US interest rates are too low and the dollar is too strong. Gold has been falling for the last 5 years now and I cannot see it going any other way.

For women, everything eventually boils down to Alpha Fucks, Beta Bucks.

[coolthingy450Participant 1223]

I have at least 2 ounces of 18 to 22k gold scrap in the form of bars or in ingots that I saved up when I was 14. And I have two Canadian silver maple leaf coins, which at the time as far as I can remember cost me two to five dollars each.

Gold and silver does gives you a good insurance policy in case flat currence loses it’s value completely, but I wouldn’t look at them as a investment.

I doubt that the new currency to replace the U.S. dollar is a surpise for people here. https://en.wikipedia.org/wiki/Reserve_currency#Calls_for_an_alternative_reserve_currency

And people IRL thought I was high or dumb when I made that statement, until I show them the bilderberg meetings listings of members and talks which occured before that entry has been added in the wiki in the link as far as I know, as well as the wikipedia link towards a alternative currency setup.

I can’t find my bookmarks for that reference, so you might have to take my word for it.

Actions have consequences and consequences have prices. Cause and effect at work.

[BeerParticipant 11832]

I don’t see much of a point in hording physical metals. If the s~~~ hits the fan so badly you can’t spend your paper money and people want gold/silver in payment, I think everyone with a horde of gold is just going to find out its not worth an ounce of lead. If you really want to prep for a total system melt down owning some land you can produce food on along with guns, and ammo to protect said land will be 1000000x more useful than a chest full of gold coins.

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