Skip to comments.End Game, Gold Investors Will be Destroyed
Posted on 06/15/2010 5:08:26 PM PDT by Errant
"...there is a group of elite (the leaders of the banksters wolfpack) who control the majority of the world's gold, and they are above the law and do not pay taxes, because they print our money and they make our laws. They were adding to their enormous historical gold hoard at the bottom in price, when they ordered the Central Bank to sell and lease it. I am not referring to the people we see on TV, but the untouchables such as Rockefellers and Rothschilds, who are at the highest levels. Note I am not making a specific allegation against any person or family, just using those names since many people associate them with the inner elite circle. Rothschild wrote, "he who owns the gold, makes the rules". I will add to that, "he who owns the most gold, doesn't pay taxes, because he makes the rules"..."
"...I am not arguing that we should not retain some physical gold+silver for small time bartering and for insurance against other possible outcomes and if necessary to physically escape some war of fascist environment. I am arguing that we should not have our entire networth in physical metals and those hoarding metals hoping to become super-rich are in the words of a Treasury official, "going to have their arms burned up to their armpits..."
(Excerpt) Read more at marketoracle.co.uk ...
Tell that to China.
Well, I have heard that the amount of physical gold is far far less than the amount of paper gold issued. Thus $5,000-10,000.00 Gold is possible.
only if you keep holding it...if one took profit right now,it would be a great investment...
When it hits the fan, you can’t eat gold.
Do you think that quote is a metaphor or is the government going to impose draconian torture techniques on those trying to game the system?
Yes,,, but if we get to that point, there will be nothing that gold can buy that lead can't.
Yes,,, but if we get to that point, there will be nothing gold can buy that lead can’t......... do over........
Whereas you can eat federal reserve notes, stocks, bonds, commercial real estate...
Please describe to me the historical incidents where a person in a society where some food was available, and who had gold, starved to death.
I feel as if there is nowhere to hide. What if the stock market collapses along with the dollar, this guy is saying gold will be no hedge and the barter system will also collapse. Then if Bambi and the Dims are not stopped, owning land and personal property would do no good, since anything could be seized (after your ammunition runs out...).
you can’t eat the piece of paper you called money either. Gold is a medium of exchange like that piece of paper you called money
Fine, if you want to give Achmed down at the 7-Eleven a one ounce Kruggerand for a loaf of bread........cause that’s exactly what would be demanded.
I don’t have anywhere near as much gold as I do silver, which I prefer, and which is still very affordable. I’ve even thought of trading my gold for junk silver.
>> When it hits the fan, you cant eat gold.
They tell me you can buy suits with it, though.
One suit, one ounce of gold. It’s been that way since, like the *ice age* or something.
I’m looking to put my money into dirt. You can grow vegetables in dirt, or you can grow grass in dirt and feed it to grass-eating animals, and grass eating animals are the primary raw ingredient in steak, and I like to eat steak. So I’m buying dirt.
Gold is money, fiat is a paper promise backed up by other paper. Gold cannot be destroyed. Paper money will be, especially by those who cannot keep their fingers off the printing press “on” button.
I just bought a 100 trillion dollar bank note from Zimbabwe. I paid $4 for it on eBay. There are plenty still listed. (search “zimbabwe trillion dollar”) It was not too many years ago when this number of Zimbabwean dollars would represent the entire GDP of the country. What replaced it? The US dollar, Euros and gold.
I'd say the guy must never have been to BARTERTOWN.
As a survivalist would view-gold would be used for the big items and silver would be traded for the daily common items.
So gold IMO although is very very good, it should be viewed as a investment item, whereas silver as a item for trade.
Of course if some would like to continue to purchase big ticket items then Gold is the answer.
In Zimbabwe, where most certainly the SHTF, only gold will get you food and supplies for the day.
I have also heavily invested in brass & lead so I might be able to influence people to my way of thinking.
Oh, and guns would not???? Or are they illegal there????
That’s in the past.
Things are different now. No rules, no ethics, no morals
stand in the way of these &*%#@$* dim fatcats.
Look what’s happened in LESS THEN ONE YEAR!
So you are willing to shoot someone to take their food?
Lots of things you can't eat.....Cars, Houses, Oil, Dollar Bills......Whats your point?
I like the way you think.
I think you're probably right. Even if you could find a hide, you'd live in fear of being discovered for years while scrounging for necessities.
Like minded people are going to have to come together and fight. If we can't hold the USA then we will be forced to retreat to a section of the country where we can put up a fight and began recovering our country and freedom loving way of life.
What I've done is to own some gold and silver, acquire foods that can be stored for long term, collect tools that would protect life, tools and utensils that make it possible to survive, adequate clothing, bedding and portable shelter.
Im sorry, but I dont see how we can avoid some really bad times though I hope Im wrong.
Learn, get in shape, acquire and diversify assets...
Only if they work for Obama......./s
no,,, but .22 ammo is better than gold. Yes, it can be traded for food........... which I grow and kill.
Sorry, I am asking for concrete historical facts - not snide, useless opinions from anonymous posters on the Internet.
I remember that one.
Is it "Special Olympics" night on FR or something?
When you do, get back to me.
That is exactly what will happen.
If we get to the "dooms day" scenario where gold is supposed to be what you want to have, food, fuel, etc are going to become rare relatively quickly. I can see it taking at most a year or so for current stockpiles to be plundered, consumed, or destroyed. Gold will buy surprisingly less and less in the end.
At best, it will delay the inevitable. Bullets and guns are a better investment. One bullet will grow in value, not go down.
Is that very far from FUNKY TOWN??
‘Cause if they were close together, that would be fairly cool.
the folks with the gold had better have a weapon also... Obama will not protect them.
You can’t eat bullets either... but you’ll survive quite well if you have some guns and ammo and a willingness to kill, if necessary.
“Well, I have heard that the amount of physical gold is far far less than the amount of paper gold issued. Thus $5,000-10,000.00 Gold is possible.”
>>IF<< you analyze gold’s potential in that one dimension. Even higher, really, compared to the amount of money or gold shares “printed”.
Beware, however, of confining your thinking to only that one single dimension. There is no rule that states that reality must confrom to logic!
Think you will be the only one with a gun?
Master Blaster rule Bartertown!
That is what I see as the worst case - personal defense and provisions, survival skills, secession, etc. Just ugly things (well, they would be hard for me). Where is my govt issued unicorn farm and 6-figure job?? Oh yeah, I’m in the wrong party...
Nope. You just wait for the others to shoot it out, then when the survivor start to either recover... or loot, then you shoot ‘em.
That’s the time they’ll least expect it.
True statement... just look at the stock market fools........
And then the guys with guns, ie: paramilitary or military groups, then take it from you.
So you are willing to shoot someone because they are food?
thats a little out there,, ah?
Sure, dickhead....then why do you post your obviously kneejerk-low IQ on the internet? This is a forum, and you've been here a long time; I'm surprised you still haven't gotten the grasp.
Meanwhile, back at the ranch, keep clinking those stupidly expensive G. Gordon Liddy baubles thinking they'll save your sorry ass down the line. Achmed will own all of 'em at your first hunger pang, fool.
Lessons from History:
A Lone Stationary Target has a hard time surviving against an Agressive Mobile Group.
(Sieges always end Badly)