Posted on 10/06/2011 12:23:14 PM PDT by blam
Why? The "Progressives" will come and take it; it's their "RIGHT".
Load up on food and ammo; and prepare to defend your Family and property. Money (even the gold and silver kind) will not buy you a future.
MANY Jews in Germany had gold and silver, when Hitler took power.
What they needed were guns and ammo.
So the tubas groam in at the end of the performance! Soon martial law ensues. The plan all along to keep the O. in ofice? I would not be surprised.
Because this Bernanke/Police parody can never be posted enough while Benji is still in power:
http://www.youtube.com/watch?v=3u2qRXb4xCU
Here’s what I think of Gold:
http://www.commodityonline.com/news/Tungsten-and-its-use-in-making-fake-gold-22919-3-1.html
MANY Jews in Germany had gold and silver, when Hitler took power.
What they needed were guns and ammo.
Not much there. Unless you are buying large gold bars (and don’t know how to test them) you have nothing to worry about.
There has not been a single credible tungsten gold coin fake in history. And my course (see tagline) explains why there never will be one.
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Load up your guns with precious metals, lead and brass.
There is a modest amount of slippage between these ETFs and the metals themselves, so their prices are running about 2% behind the metals, but their convenience and liquidity make them the best choice for retail investors.
Certainly ETFs are the simplest way, but these are also much riskier than you yourself being in direct possession of the physical metal.
I doubt that GLD and SLV hold a dollar of gold or a dollar of silver, for each dollar invested.
Some knowledgable folks have suggested that the ratio of held metal to invested dollar is 1:100. If true, these funds are selling what they don't hold.
When the S finally HTF, I'd much rather be holding the physical than a piece of paper.
Once it’s known that you hold gold (physical possession; gold on paper ain’t worth the ink), you will be a target for sure.
“When the S finally HTF, I’d much rather be holding the physical than a piece of paper.”
I’d rather be holding a sandwich and heavy artillery.
Why gold?
Because 9mm ammo runs about 11 pounds per $100, or a little under 5 and a half tons per $100,000.
$100,000 worth of food is going to be very heavy, spoil long before you can use it, and take up a lot of room.
$100,000 worth of gold weighs about as much as a half gallon of milk.
The first few to several thousand should go to food, ammo, and other necessities. After that, if you want to preserve wealth, food and ammo are just dead weight.
Once it’s known that you hold gold (physical possession; gold on paper ain’t worth the ink), you will be a target for sure.
Following the inference in the original post, when you use physical gold to make a purchase, you OBVIOUSLY have gold.
Now; those who see you purchasing, know who has gold. Simple enough.
I wouldn't spend a farthing in the Inner City of any major metro area, and expect not to become a target of the "Have-Nots", would you?
Still, back then, some countries refused to take Jews from Germany. Today, where would an American go with confidence? How many expats can be certain they will not be forced to leave because so much hatred is being fomented against us?
You cannot confidently even bribe those who are essentially weak, who have no honor or who despise you. If you can buy them, so can your enemies.
IMO, gold is for starting over again. It will not save any of us from the worst that may happen.
Following the inference in the original post, when you use physical gold to make a purchase, you OBVIOUSLY have gold.
Now; those who see you purchasing, know who has gold. Simple enough.
Today, where would an American go with confidence?
That gold might come in hand to persuade a farmer to let your family rent his barn and share in the food, and the needy will vastly outnumber the charitable in many scenarios.
$100,000 worth of gold weighs about as much as a half gallon of milk.
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