Gold & Armageddon: Conclusion Part 2

by Dave on December 2, 2009

your mind to another point of view. And if u haven’t thought threw the other side of the gold/dollar collapse issue, then you’re probably not that conscious of your own position and most likely not as secure of your own position as you might think. How much do you know about what factors are affecting the gold price and the movement in the dollar? If you can only repeat, like a trained parrot, the same talking points that the same talking head repeat over and over on the media…then you …

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{ 25 comments… read them below or add one }

Anonymous 12.02.09 at 4:00 am: To answer your question, “yes, 5 oz of gold IS alot.” Right now, its about $6500.00 which can feed my family for six months, or allow us to travel to a safe spot. Are you thinking that gold is the path to retirement? If so, you are alone. Gold bugs do not think of it as retirement but insurance. Funny thing is that you think hyperinflation will make that 5 oz worth less. The logic is perfectly backwards. Gold holds its value and shines during hyperinflation.
Anonymous 12.02.09 at 4:00 am: any idea
Anonymous 12.02.09 at 4:00 am: Some interesting comments
Anonymous 12.02.09 at 4:00 am: you know what they say about those who argues w/ fools..LOL =)

i got to lay off that..but it’s frustrating to deal w/ such closed minded people.
Anonymous 12.02.09 at 4:00 am: Your main focus seem to be preoccupied with attacking other ppl’s intelligence while elevating your own. Am I wrong?
Anonymous 12.02.09 at 4:00 am: let’s talk more about this when we both have time. beleive it or not…we may have more similar ideas..about investing, safety AND gold..than you may think.

thanks for message and happy thanksgiving!
Harry
Anonymous 12.02.09 at 4:00 am: yes i trade gold. mainly ETF and spot. but not physical gold. those how buy gold at $1000 and if it doubles..u can only make a maximum of 100%. if you are disciplined… that same 100% move can make you 5X or 10X as much spot and ETF. and for now…I don’ think these markets will disappear.

but, if u still think that my main focus was attacking gold. you’re mistaken.

thanks for your continued comments!
Anonymous 12.02.09 at 4:00 am: I always thought of you as a gold trader, but your recent video is very puzzling. You basic points are, gold is a lousy investment, don’t buy gold, gold can be stolen, confiscated by government and expensive and untradable during worst case scenario. So what do you do with your own wealth? YOU TRADE GOLD!!! (face in hand) So why are you attacking other people’s intelligence for doing EXACTLY what you’re doing. You leap the the conclusion that ppl didn’t go through the various scenario you did
Anonymous 12.02.09 at 4:00 am: couldnt agree with you more…
Anonymous 12.02.09 at 4:00 am: harry - i have gold and silver but i’d rather have a stable economical future - the uncertainty of what’s up the road for family, friends and all of the societies of the world is unsettling - dealing with the suffering of unjust wars, unemployment, financial loss, overpopulation, a decaying planet, and the realization that things are only going to get worse makes owning gold/silver an act of futility - the struggle, within these economic times, will not be solved by gold and silver!
Anonymous 12.02.09 at 4:00 am: Good one Growby 5/5
Anonymous 12.02.09 at 4:00 am: list a few!
Anonymous 12.02.09 at 4:00 am: My first investment is GOD
Seek for wisdom in the ocean of knowledge.
If you want to think outside the box of the bible, you will never have peace against the will of God.

My second investment is GOLD and SILVER and it will not be my only store of value in the worst case scenario… because I have stored food and water to survive for at least 7 years.

That’s right : you don’t want to sell your gold and silver being desperate for food !!!
Anonymous 12.02.09 at 4:00 am: The more I watch these vids, the more reasons I find to buy gold.

Maybe that was Growby’s plan, to make us realize by ourselves why gold is such a good investment.
Anonymous 12.02.09 at 4:00 am: You had a long day! ( too much thinking)
Get back in your cage and get some rest.
YOU BAD MONKEY!
Anonymous 12.02.09 at 4:00 am: If you hold 1 gold coin and 1000+ people dont own 1 gold coin then yes, you are quite rich. same holds for silver. check my channel for truths
Anonymous 12.02.09 at 4:00 am: I agree with your comment about it being difficult to liquidate your gold in a collapse environment, but again, that’s why I keep bringing you back to the fact that most people that I’m aware aren’t thinking about or planning to use Gold as their only strategy. That’s simplistic and nonsensical, so again, who are you talking to? I hope you feel better soon. I disagree with you, and i can’t say I like seeing you badmouth the people who are commenting, but I’m looking forward to new vids.
Anonymous 12.02.09 at 4:00 am: I don’t expect my gold or my silver to buy a lot more than what I purchased it for. I’m simply looking for it to hold “SOME VALUE” when fiat paper currency is pretty much worthless. It’s insurance, not salvation. And frankly, like I’ve said, I don’t know anyone who’s looking at it like that. No 10 ounces isn’t a lot, and 100 ounces of silver isn’t a lot either. The strategy isn’t flawed unless you’re expecting to live off of 10 ounces of Gold. CONT’D
Anonymous 12.02.09 at 4:00 am: I can’t really attack any of your so-called “points” because you didn’t say anything. There’s nothing there to attack.

Perhaps one day you will realize that there is a difference between arrogance and intelligence. Bye.
Anonymous 12.02.09 at 4:00 am: Harry aka Monkey,
Very poor video. I give you: 1 Banana
For your efforts. It’s a sad state of affairs that you have to give things away to keep subscribers and to keep friends.

Good luck with the tree swinging and banana gathering. You Monkey!
Anonymous 12.02.09 at 4:00 am: happy to do an interview. get better.

im all for running through scenarios - but under the pretense that gold is first and foremost your safest store of value.

sure - there maybe confiscation - there may be other factors affecting your ownership of gold - yes! your right - but lets discuss them under the pretense that gold will protect should you remain in control of your gold/silver.
Anonymous 12.02.09 at 4:00 am: i’m not thinking nominal values. but RELATIVE values. and the fact that other items AND SKILLS, etc. may very much appreciate more RELATIVELY than gold. And that’s what i want to share w/ with my audience.

beyond that..i wanted to run a mental exercise in a worst case scenario…where gold would go to the strongest hands. Governments and Gangs.

I’m sure you thought about that as well…i would like to hear your thoughts…many an interview?

i’m not feeling well..need some rest now

i’m
Anonymous 12.02.09 at 4:00 am: i don’t argue w/ rocks. so i’m going to skip you.

unless u can attack one of my points…please keep your simpleton things you call thoughts…but i call brain drool…to your lilltle-whining-bitch-self
Anonymous 12.02.09 at 4:00 am: History repeats itself and the world is not like you think. You do not have opended mind and I call you hipocrite. DO NOT INSULT TO YOUR COMMENTATORS even if they insult you or do not agree with you. because someone just tests you telling you bad to check what kind person you are, and you lost already.
Anonymous 12.02.09 at 4:00 am: your right - i do come across harsh - its nothing personal - im Mediterranean so im passionate by nature about the things I believe in.

harry, gold is money - not an investment.

it is THE only protection about fiat currencies. its not about greed.

GOLD is MONEY
GOLD is MONEY

very simple. when you look at it like that - can you ever lose?

If gold goes does it means inflation has gone down and your purchasing power is still intact.

Think less about nominal values. they mean little.

Gold & Armageddon: Conclusion Part 2

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