Thread: "Something Big is going to happen..."

Pretty dramatic speech.

I'm not sure I understand the recommendation to buy precious metals tho.

Originally Posted by Mes Tarrant

I'm not sure I understand the recommendation to buy precious metals tho.

I think it's sort of like the recommendation they used to give to school kids in the 50s to hide under their desks if an atom bomb is dropped.

Originally Posted by Mes Tarrant

Pretty dramatic speech.

I'm not sure I understand the recommendation to buy precious metals tho.

I'm assuming it's because the price of precious metals, since they are limited, will stay constant.

The reason precious metals are so important is this:

Say you have 100,000 federal reserve dollars

Tomorrow the economy collapses, those 100,000 dollars are worth 100,000 pieces of toilet paper, good for wiping your butt.


With gold, which is around 900 dollars an ounce, if you have 2 ounces of gold when the stock market crashes, that gold could be worth 1000-2000 dollars AN OUNCE!

Which means, you'll be rich, and everyone else with fiat/credit/paper money will be crying their eyes out.

Also, platinum is even more valuable..I don't know the figures but its nearly triple the price of gold

Silver is picking up value quickly, its still cheap, your best bet is to buy silver, and put it in a fireproof safe and when shit hits the fan, you'll be okay.

When economies do bad, values of precious metals goes up, invest now before they skyrocket even more!


I know I will jump on the silver bandwagon VERY soon.


If only the freaking money in our pockets was on the gold standard.

If money becomes worthless, who will buy your gold at $1000 an ounce?

Originally Posted by skysaw

If money becomes worthless, who will buy your gold at $1000 an ounce?

Other countries, is America the only country on earth?

You can sell it to foregn nations with stronger currencies...EX

AUS/EU/Pound/CDN

1 ounce of gold would go for around 700 Euro's now, roughly

If americas dollar falls any more, gold will value more, meaning in europe you can maybe even get 1200 per ounce of gold.

That's if the world economy holds together.

If it doesn't, then were screwed reguardless of paper or metal i guess?

Yeah, if you have $100,000 in Gold and the economy is shit then you still have $0 until you leave the US.

Originally Posted by Seismosaur

Yeah, if you have $100,000 in Gold and the economy is shit then you still have $0 until you leave the US.

Not entirely true

Gold has value reguardless of the land your on, before economies existed, gold was used as currency.

Gold, Silver, and Platinum will always hold value, even in a stone-age society.

Keep the metals reguardless, if we suddendly plunge into the medieval times again, we will have gold/currency to buy or barter with.

Personally I'll stick to goats and sheep. Now there's some barterable equity!

lol skysaw, wanna start a ranch together, I'll keep the gold and you keep the sheep happy fed and clean and wolf-free lol

We'll be great depression proof.

Originally Posted by guerilla

lol skysaw, wanna start a ranch together, I'll keep the gold and you keep the sheep happy fed and clean and wolf-free lol

We'll be great depression proof.

You might want to rethink that idea. I plan on charging a LOT of gold for my sheep!

Lulz.

No matter how bad things get, we will not be bartering with gold coins or whatever.

What would be the point of buying them anyway if the end goal is to get out of the country.

And lol @ the hiding under desks thing!!

No no, we'll be in a partnership, You'll be a sheep herder and I'll be a gold herder

in some mountain area, with trees and rivers and creeks and wild animals, we'll never run out of food and water, and we can make our own alcohol and grow our own um pot lol...

most people would call it a depression me and skysaw would call it:

The Great success!

That'd be fun.

lets hope this depression doesn't really happen though, in all seriousness

and ill build the internet and join you guys. I can build radar around out place and warn for people. Than we can use you gold to pay for laborers who will double as soliers because we will loot guns shops and take all their guns and keep all of our guns under lock and key so only we can get to them and break them out wen get attacke.d I can even hire some mexicans and they can build us our mansion

This thread is now about recipes for gold and silver food.

Congressman Paul has quite obviously completely lost it.

Originally Posted by Serkat

This thread is now about recipes for gold and silver food.

Congressman Paul has quite obviously completely lost it.

Actually no, were all going to lose it, by it meaning our money

If anyone's lost it, its the fucking congress, he's the only congressman with sanity and logical thoughts and logical voting records.

The only thing I don't like about Paul is his insistence on states' rights. What's the point of creating liberty if some douche will trample all over it with local jurisdictions? Also, what with absolutely no regulation of anything? It's great that he's in favor of legalizing drugs, but what good is it if they are completely unregulated? You can't sell old food with a new Best Before, you shouldn't be able to sell low quality drugs. But Ron Paul is eh pretty cool guy.

Originally Posted by Serkat

The only thing I don't like about Paul is his insistence on states' rights. What's the point of creating liberty if some douche will trample all over it with local jurisdictions? Also, what with absolutely no regulation of anything? It's great that he's in favor of legalizing drugs, but what good is it if they are completely unregulated? You can't sell old food with a new Best Before, you shouldn't be able to sell low quality drugs. But Ron Paul is eh pretty cool guy.

You have good points, and I totally agree

But its a HECK of alot better then the mccain/obama alternative no?

I think states rights should only apply to certain things, not abortion or gay marrige, and unregulated drugs, maybe it could work? maybe not

but I do agree, that I disagree with dr.paul a little but, 99% of his positions are like the gold standard to me.

Ron says we are about 10% into this depression, and is only going to get worse, and worse

Yeah, and what Ron Paul says is always the truth.

What people have been recommending lately is to buy gold, and silver, and even platinum, precious metals will save our precious asses when the value of fiat currency (credit money) drops to zero.

Alternatively, buy tin foil make a hat and put it on your head.

I wouldn't worry about what crazy people say.

You do realize that this is the rough equivalent of the CEO of Exxon/Mobile telling everyone to stock up on Gasoline, right?

Originally Posted by wendylove

Yeah, and what Ron Paul says is always the truth.


Alternatively, buy tin foil make a hat and put it on your head.

I wouldn't worry about what crazy people say.

Umkay.

Originally Posted by Seismosaur

You do realize that this is the rough equivalent of the CEO of Exxon/Mobile telling everyone to stock up on Gasoline, right?

How is that, would you care to explain?

Does Ron Paul own gold or silver making companies? how is this akin to a ceo of exxon saying buy oil?

I just don't see how a politician warning us of economic collapse is similar to that. He is warning us for our own good, I know I'm going to be prepared for a depression if one hits, which I hope it won't.

I do however believe we can avoid a depression if we start getting on the renewable resource bandwagon, and start paying resonable prices for our fuel at the pump, wether it be ethanol, natural gas, synthetic fuel, or gasoline.

Once we start paying less at the pump, the economy will become stronger, and things will become cheaper such as food prices, which are driven by oil prices due to the transportation of the foods.

T. Boone Pickens testified before the senate today, with a energy plan which would reduce our dependency on foregn oil by 38%

This 10 year plan of his would bring gasoline prices down to the 2 dollar mark he claimed, this would surely de-rail any coming depression, or it may just delay it.


The housing bubble of the 90's that greenspan created are going to collapse very soon, the prices of homes were artificially risen to give people the feeling that their property was worth more then it really is.

This is called malinvestment, all of the malinvestment of the 20th century WILL COME BACK TO HAUNT US.

And it will come to haunt us in the form of a depression, high oil prices, high prices of food, less jobs, more unemployment and low confidence in the market, and the housing bubble collapsing, banks are closing.

You tell me a depression isn't coming, and I'll laugh.


You may tell me to put a tinfoil hat on, but when the depression hits, I'll be laughing with my tin-foil hats, because you won't be able to afford tin foil, or food.

i have the solution..............wait for it................................................ .................................................. .................................................. .........................................go AMISH!

Ron Paul is just shooting shit.

Yea yea yea, keep denying the inevitable.

When the depression hits, I will laugh at you