Gold & Armageddon: Conclusion Part 1

@limitedplay If that’s really what he’s saying, he could have said precisely what you just said. It’s clear, it’s concise, and it doesn’t take hours of nonsense.

I do find it interesting that he responds with personal insults to anyboy who disagrees with him, then calls us “close minded.” And I thought I’d come across arrogant people before . . .

Chop it into 1g bits and trade each gram for food etc’. Hold tight, PM’s is all we have right now.

Settle down, son.

im sorry lol but gov’ts and central banks are buying gold. Second most of the people in here dont even know a rich person. I think there will be people buying gold @ 2500 bucks if it goes that high because the money supply will also grow. There will always be people buying gold if its up or down. Remember something 85% of the wealth is owned by 5% of the people. Niether myself nor you know what they are doing with there money.

DONT CURSE, Growby10 !!!!

Don’t you ever use the words GOD DAMNED anymore.

@Growby10 - I appreciate the attempt, but as I’ve tried to explain in a civilized manner, it seems as if you’re addressing a phantom. Who is really using Gold and gold alone as a strategy for collapse? That’s moronic and I’ve never run into that. Now maybe I’m just naive and haven’t been around enough, but I’m talked to literally thousands of people on this topic, and I have yet to run into a single person who was following such a nonsense strategy. That’s why I keep asking who you’re talkin 2?

the cash of the future might be something like gold and silver.
Because, the leaders of society want to go to a cashless society so they might remove the paper.
So one has to have something to use as money that is not in the system. So buckle up, start the truck and ride to Comex.

Very good Harry. 5 stars. This is not a place for recommendations. Simply a bold attempt to see the big picture.
James

we need to talk more about silver then gold. at least alot more of us can afford silver. You are talking alot but not saying alot. My conclusion is the wealthy are going to gold, the poor and middle class going to silver. Both are great investments. THAT makes more sense then you are.

As the Fed keep the interest ZERO, means that they are killing the value of dollar. that keeps the stock market going high as we see the DOW recovering. but the reality is that they want to get all investors into the market and than pull the trigger when the time is right for them, buy stock & hold is no longer option trade as the trend goes up&down and buy silver &gold for dark days.Nothing to trust in manipulated market.

The Good: The advice is valid for people who buy gold to speculate (to sell it in the near future). People should first have a decent amount of liquidity in cash before buying gold, you should NOT buy gold with the money you’ll be needing in the next months.

The Bad: The reasoning is flawed, in hyperinflation, people would certainly accept gold in payment for anything, cash would be shun in transactions. Gold is a currency, gold is commodity money.

There are 2 major investors who recently bought a massive amount of gold. One bought $8 billion worth, another bought $5 billion. They may be in the minority, but they do know something about wealth preservation.

i said i look forward to disagreeing with this vid - but i cant do that - because you’ve not actually said anything….

all i got from this is that gold isnt a good investment because no-one will be able to afford it? is that your reasoning?

You also said you dont want gold in hyperinflation? wtf? ask those in WWII germany if they wanted gold - ask those in Zimbabwe (who rely on gold to EAT) if they want gold.

Harry - you smoking the wacky stuff mate?