Gold & Armageddon: Conclusion Part 3

Yeah I’m not too keen on gold. It costs too much to use in old style trade.
A gold sovereign would buy a months shopping.
Silver coins seem a lot easier to use for trade as its worth a lot less.

Good point Deni,
Unfortunately, that knuckle dragging primate known as Harry will continue on with another 5 part series.

Harry, end this series!

And you don’t need to give stuff away to your subscribers… Instead give to a local charity or food bank.

You Monkey!

So, the point is, if you only have $10k, buy some emergency supplies, canned food, and whatever you might need in case of break down of supply chain, and shortages. If you have $100K, you can buy the necessities, and then take the remaining money and buy gold.
The point of gold is to preserve wealth, but you must know that you can’t eat it or drink it. If you want to own gold, you have to have emergency supplies so that the guy with the beans doesn’t gyp the starving gold holder.

you can bet on the fact that governments will disappear.
The people will find out that they are responsible together with the banks.
They will find out when the unemployment figures will get much bigger. The system of governments and their serfs will end. Then the fiat money will be worth nothing.

Side note on that French monetary collapse, here’s a reading of:

“FIAT MONEY INFLATION IN FRANCE

How It Came, What It Brought, and How It Ended”

by ANDREW DIGESON WHITE, written in 1896

watch?v=y2BR9Z6U4Ds
.

Okay, get ready to be disagreed with Harry! lol

1. Only some have gold and when currency collapses, the first barter/trade that is done with gold is the first step to spreading the gold around. Gold is currently being used in Zimbabwe for trading.

2. Gold being hoarded due to high price: The price will be high because people want it. If no one accepts it (in trade), the price must come down, thus rebalancing the equation and allowing trade again.

cont…

That will not happen if gold doesn’t go higher than 5000 dollar.
I mean : 5000 dollar per ounce is NOTHING.

Gold price adjusted for inflation, for all the paper gold conversion, for all the tungsten laced bars that have to be converted…. the price of gold will have to be 35000 dollars per ounce before happens what you think will happen.

I think 35000 dollars per ounce isn’t even close to what should be the real price.

Collapse of the dollar and other currencies seems to be the central concern regarding economic stability. Do you think the elite or the power brokers or the movers-and-shakers or the Bildenbergs or government leaders or who/whatever can get together and have a “gentlemen’s agreement” to prevent financial catastrophe or do you think these events are under scientific laws such as thermodynamics? You were alluding to that when you were talking about relative worth in value transactions.
James

very cool. definite disagreement, but have caused us all to think.

i’ve seen people comment early on that these videos were a wasting of time. humorously, they continued to watch and comment on every one.

no one has all the answers on this, but literally our life may depend on our preparations and strategy. its worth the time and debate.

thanks for your time and thought-provoking ideas. i rarely ever comment on videos, and yet have found myself commenting on every one of these.

(Mark 13:31) Heaven and earth will pass away, but my words will not pass away.

Harry I have been hard on you. Will you accept my apologies. Have a good day tomorrow with your family and loved ones!

i can ALWAYS count on you to hit key points (and weakness’ in others arguments). You seem to see though all this and really GET it. thanks for your comments..AND for calling people out when needed.

Cheers!
Harry