So Does Everyone Put Their Money Into Gold & Silver?

[BulletproofPat]

Gold is about to inflate, it's true that the value of the gold is constant, but when the oilcrisis comes everything will be muuuch more expensive to produce (engergy to produce it, oil to move it overseas from china, most workers needs raise to drive car to work etc) and inflation can be measured compared to the cost of goods so while gold is constant but cost of goods are so much higher that means gold has inflated

[Dr.Druid]

I've looked into buying precious metals before now. And I couldn't get a decent amount. People have told me however that the silver market is a more viable alternative - cheaper and more prone to greater rises due to the fact that its in the ground and that it's brought to the surface during other mineral extractions. Not sure if this is the actual case however.

Also it has many uses within todays computer age.

I'm with the people who say that if it all ends we're all gonna be fucked, survival means food, shelter and protection from other predators.

The Zombie film is as good a film as any for use as a metaphor. I think we need to look at weaponry and a Viet Cong lifestyle choice.

[rockclimber]

Quote:Gold is about to inflate, it's true that the value of the gold is constant, but when the oilcrisis comes everything will be muuuch more expensive to produce (engergy to produce it, oil to move it overseas from china, most workers needs raise to drive car to work etc) and inflation can be measured compared to the cost of goods so while gold is constant but cost of goods are so much higher that means gold has inflated

Gold isn't even close to where it should be, it is way undervalued. Of course the plunge protection team will do everything they can to give us the illusion that their precious paper dollar is strong, and that gold remains as low as possible. When gold rises in price, investors panic and in comes the plunge protection team to do their dirty work. This has pissed the gold investors off for years. It's all one big fricking game.

[BulletproofPat]

Quote:

Quote:Gold is about to inflate, it's true that the value of the gold is constant, but when the oilcrisis comes everything will be muuuch more expensive to produce (engergy to produce it, oil to move it overseas from china, most workers needs raise to drive car to work etc) and inflation can be measured compared to the cost of goods so while gold is constant but cost of goods are so much higher that means gold has inflated

Gold isn't even close to where it should be, it is way undervalued. Of course the plunge protection team will do everything they can to give us the illusion that their precious paper dollar is strong, and that gold remains as low as possible. When gold rises in price, investors panic and in comes the plunge protection team to do their dirty work. This has pissed the gold investors off for years. It's all one big fricking game.

Well it is likely you are right, that gold is undervalued currently because of the bankers manipulating the market, but that doesn't mean it won't inflate (unless the inflation accurs at the same time as the gold is getting revaluated).
But what it does mean is that in the long run gold is probably a good investment even if it inflates a bit.

[StingingNettle]

Quote:I've looked into buying precious metals before now. And I couldn't get a decent amount. People have told me however that the silver market is a more viable alternative - cheaper and more prone to greater rises due to the fact that its in the ground and that it's brought to the surface during other mineral extractions. Not sure if this is the actual case however.

Also it has many uses within todays computer age.

I'm with the people who say that if it all ends we're all gonna be fucked, survival means food, shelter and protection from other predators.

The Zombie film is as good a film as any for use as a metaphor. I think we need to look at weaponry and a Viet Cong lifestyle choice.

Yes! Buy silver. I've made more off of silver than I have gold. Its cheaper, there are way more uses and once they are used up that is it they are gone!

[MC David]

Quote:

Quote:All the gold in the world won't do you shite when the come down comes down. Most of it is paper certificates.
'Virtual Gold'. I like Zerror's idea about the bricks.
You've probably all seen the following movies , imagine lugging around gold if you were there.

Mad Max. Any Zombie Movie. Damnation Alley. The Lord of the Rings. The Ghost and Mr. Chicken

And you better be ready to defend yourself. It ain't yer gold the hordes will be after. It will be the flesh off your bones, and your daughters and sons. After raping and eating your family, only then will they even notice the gold.
Purty coinzez.
Don't ever let them take your gunz. Die first. You may as well. It will be easier.
This is assuming they don't just blip our brains out with a HAARP array or we aren't all starving or
too diseased to fight.

The possible near future:

' DIG, DIG DIG!!! Imperialist Pig!! You dig now!!! '

' Here Mr Chinese soldier*, I have gold! Please just leave us alone!! '

' GIVE IT TO ME GIVE IT TO ME NOW I HAVE GOLD HA HA - NOW, YOU DIG!!!! '

' But I'm a diabetic and he has asthma and she is 90 and he has heart trouble and shaking leg syndrome...'

<short burst from an AK-47>

' YOU DIG NOW !!!! '

Where in the hell would you spend it anyway? And how would you get more to replace what you spend?

The Illums own the mines. And if bread becomes 100 dollars a loaf, then you better have a lot of gold on hand. There is platinum too, but it looks too much like silver.
I guess I'm trying to say, forget 'weathering the storm' of the economy, we need to take the whole damn thing apart down to the sub basements and start over again. No more fear based debt based money BS.
I am rambling. Shutdown.

* No offense at all to the amazingly perseverent and hard working Chinese citizen, a fellow slave like us.

Maybe I should put my money in tin foil :laugh:

BTW I was only joking here, if it came off sounding insulting. I don't doubt bad things could be coming this just sounded a bit over the top, though funny :laugh:

[Henry]

Quote:

Quote:I've looked into buying precious metals before now. And I couldn't get a decent amount. People have told me however that the silver market is a more viable alternative - cheaper and more prone to greater rises due to the fact that its in the ground and that it's brought to the surface during other mineral extractions. Not sure if this is the actual case however.

Also it has many uses within todays computer age.

I'm with the people who say that if it all ends we're all gonna be fucked, survival means food, shelter and protection from other predators.

The Zombie film is as good a film as any for use as a metaphor. I think we need to look at weaponry and a Viet Cong lifestyle choice.

Yes! Buy silver. I've made more off of silver than I have gold. Its cheaper, there are way more uses and once they are used up that is it they are gone!

Exactly. It's all about the silver. It's why I've started writing about below.

[StingingNettle]

Cool. good looking site!

[flatron]

I have a block of 10 troy ounces of silver. it's not much but it can be used for bartering after the anarchy. Living in the UK you might be tricked into believing the US dollar crashing wouldn't have any effect but the financial shockwave would be felt worldwide for sure.

Immediately after a financial crash, you will soon discover how primal we really are. With the aforementioned raping, pillaging and murdering, certainly the most defended will stand a better chance of survival (sure efficient way to cull the population huh? let them do it themselves non?). The ones living day to day on government benefit won't stand a chance. You can bet the utilities will be cut first - becoming more energy self sufficient is a top idea. here< and here<

Afterwards be aware of anybody trying to establish gold based standard because we'll just be repeating history. You must watch The Money Masters if you have not done so already. We've all watched that one right?