Nut-job Conspiracy Theory Ping!
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Posted on 11/08/2014 10:47:19 AM PST by blam
You do not understand.
Even in a deflationary cycle, the gold will buy more than the money you spent to buy the gold will.
.
They always sell gold, they always are buying gold.
They make their money off of the difference between the value and the buying or selling price.
Markets up, markets down, makes no difference to the dealers, they take their cut either way.
You can just keep on believing that, but I hope you have no dependents because you're going to lose your proverbial backside.
That’s always a wise precaution, and I try to incorporate it into my life.
Stocks crash, and literally become worthless; that never happens to gold, and never will, because it is the chosen mode of security for the world’s truly wealthy and powerful.
We believe in God; they believe in Gold.
.
I’m going to leave you with a bit of understanding, take it or leave it: In deflation fewer units of currency buy more and more of a given asset, service or goods. That includes gold. Cash is king in a deflationary economy. Be wary of financial institutions, which are prone to failure due to loans becoming unserviceable with widespread default. Keep the cash yourself for safekeeping, ideally in a fireproof, secure location. That’s the reason for all the old Depression era stories about people stashing money under their mattress, burying it in cans out in the yard, hiding it under a loose board in the floor or wall, etcetera. Gold was confiscated.
I can see that you are not getting it.
Gold does not deflate in linear fashion, parallel with currencies. Never has, never will.
Your assumption that it does is not borne up by the facts.
You’ve got an almost mystical view typical of pure goldbuggery. Gold is an historical safe haven in times of economic turmoil and a store of value against inflation. Beyond that, it’s got some medical and industrial use. That, and it’s pretty. Beyond that, hanging onto gold and buying more in a deflationary spiral versus keeping the cash is foolhardy. I’ll say it again, it’s foolhardy. You’ll clearly believe what you want to believe, but you’re going to get burned and badly if you persist in this belief. That’s all I’ve got left to say; I’m done with this exchange. Please have the last word.
History is on my side.
Talk is all you have.
it would better not to have one...
but there are certain undeniable facts, one of them being our population is aging and when we start pulling out from the stock market to pay for our old age, the stock market will loose a huge number of investors...
and then there is the little fact that America and has no REAL money, its all fake, a system, not based on anything..
throw in the fact that 85 people control more wealth than over 2 billion people combined, or the fact that they don't give a damn what happens to we rabble, and throw in the fact that muzzies want to kill all the infidels....
well, lets not be paranoid, but being paranoid is not a bad reaction to all of it....
“Armstrong, who correctly predicted the 1987 Black Monday crash as well as the 1998 Russian financial collapse, asserts that the downfall of the system will be its inability to gauge the anger that Americans currently feel towards their government.”
Thread about civil unrest.
CWII Spark Ping — “Armstrong asserts that the downfall of the system will be its inability to gauge the anger that Americans currently feel towards their government.”
” In a February 2013 article entitled Why the Banking Elite Want Riots in America, we outlined why the political class is perfectly content to engineer and exploit social unrest as a means of paving the way for the IMF to engage in its tried and tested method of asset stripping and looting a nation.”
It might have worked in socialist nations, but they were not well armed or raised under a Constitution that gave us freedoms that we will take back.
Let her roll.
That has always been their main job, genius.
“Most people rotate their canned food and freeze dried and nitrogen packed buckets last indefinitely. Nice try, though.”
My wheat berries will last longer than i will.
Well, it's 2014, so in about 4 years. /sarc
If it were to happen I could see Obama using it like Hitler did the Reichstag fire as an excuse to end civil liberties and become dictator
Some US Marshals or Special Forces would escort his sorry azz out of the White House.
It’s not massive uprisings that “The System” is/should be concerned about. It is single actors doing radical things they should be concerned about.
Nut-job Conspiracy Theory Ping!
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