Cash or Gold? -

Alot of cold hard facts, and deep wisdom in this video.

'GoldNomics' is an excellent must see short video about gold. It shows how gold has retained value throughout history and is an attractive alternative to cash today. Legendary investors, central banks and the astute are buying gold today. 'GoldNomics' shows gold is an important safe haven asset and an essential investment and saving diversification in these uncertain times. The video was commissioned by an internationally respected investment specialist. Watch it now.

Neither.... Save Ammunition and weapons... After the fit hit the shan... Take the food....

Korg.

Food, ammo, gas masks, and water. Not to mention a place to put said items.

That's about it.

But between cash and gold, I would go with the gold.

Its the Dollar that fluctuates, not the gold.

What is really amazing is the value of gold.
It is marked by the US dollar.
So actually gold is worth only what the market values it at.

Who is to say it's worth $1400+?
The market.
My problem is, if you have an ounce in ten years, what will it's value be based on?
And will it still be worth that same amount from ten years ago?
I don't think the dollar will last that long.

I believe it's worth alot less than that and see roller coaster coming in price value.


Either way, not that many people can afford $1400 an oz. of gold right now.
My dollars still buy what I need right now so they are still worth something.




Good thread.

reply to post by Korg Trinity


You could add that in as a third choice.

I personally would rather stock gold for many reasons.

One thing to think about, ammo is specific to its weapon.

Not all weapons are equal.

reply to post by havok


Times are a changing.
Gold wont be tied to The U.S. Dollar forever, maybe not even for long.

Originally posted by burntheships
reply to post by Korg Trinity

 

You could add that in as a third choice.

I personally would rather stock gold for many reasons.

One thing to think about, ammo is specific to its weapon.

Not all weapons are equal.

9 gage shot is your best bet.

Korg.

I will take my money in store credit please.I will take 1400 in store credit from the bunny ranch in nevada.Thank you and have a wonderful day,god bless your soul.

Fortunately the issue isn't black or white. Law abiding citizens have the option to own both. Why do people automatically assume that Gold investors don't own guns

If you have protected yourself and your family by hoarding guns & ammo, while simultaneously neglecting to protect the purchasing power of your $...need I say more ?

Cool vid BTS...one of the glossiest

Don't keep all your eggs in one basket. Invest in multiple things and increase your chances of having something of value.

I invested all my money in gi joes with the kung foo grip.

Originally posted by brindle
I invested all my money in gi joes with the kung foo grip.

That actually doesn't sound like a bad investment.

Originally posted by OBE1
Fortunately the issue isn't black or white. Law abiding citizens have the option to own both. Why do people automatically assume that Gold investors don't own guns

It's not the idea.

You may have guns and gold but in doing so you make yourself a big fat target. That goes for food/supply hoarders too.
The idea is to be unnoticed, take what you need and leave the rest.

Best advice, Spend your gold on getting yourself trained.

Korg.

Originally posted by Korg Trinity
The idea is to be unnoticed, take what you need and leave the rest.

Best advice, Spend your gold on getting yourself trained.

Korg.

reply to post by Korg Trinity


Not sure what your point is Mr/Mrs Korg.

I'm 64...retired for almost seven years now. I "take" what I earn, and through careful stewardship, I multiply it on behalf of my 14 yr old offspring...and hopefully, on behalf of his offspring also. If your intention was to impress me, you failed. I'm a vet- USMC 65 thru 67. I've had a little training, along with the dismal experience that comes with having to actually apply it. I don't recommend it.

On the other hand, maybe you're just an aspiring armageddon-ite, attempting to live-out a hackneyed "John Rambo" fantasy. If that's the case, the survival forum is right over there >>>>>> somewhere.

This is the Global Meltdown Forum, where people share information on matters financial, market developments, their investments, and related topics. With all due respect, your post added absolutely nothing of value to the discussion.

if the dollar crashes..what will an ounce of gold be worth in europe?..nothing?

Originally posted by OBE1

Originally posted by Korg Trinity
The idea is to be unnoticed, take what you need and leave the rest.

Best advice, Spend your gold on getting yourself trained.

Korg.

reply to post by Korg Trinity

 

Not sure what your point is Mr/Mrs Korg.

On the other hand, maybe you're just an aspiring armageddon-ite, attempting to live-out a hackneyed "John Rambo" fantasy. If that's the case, the survival forum is right over there >>>>>> somewhere.

This is the Global Meltdown Forum, where people share information on matters financial, market developments, their investments, and related topics. With all due respect, your post added absolutely nothing of value to the discussion.

You along with many miss the point.

To ask such a question as the OP has, one can extrapolate that the very concept of the value of money is what is at stake. Ever heard the term 'Money makes the world go round'?

If you cannot see the synergy in my words or the truth of them, then that's not my issue.

Korg.

Originally posted by Korg Trinity
You along with many miss the point.

To ask such a question as the OP has, one can extrapolate that the very concept of the value of money is what is at stake. Ever heard the term 'Money makes the world go round'?

If you cannot see the synergy in my words or the truth of them, then that's not my issue.

"Neither.... Save Ammunition and weapons... After the fit hit the shan... Take the food..."

"9 gage shot is your best bet."

"Best advice, Spend your gold on getting yourself trained."

Nice try Korg.


The question was: Cash or Gold ?

Cash is debt, and will ultimately revert to it's intrinsic value...currently around 4 cents (printing costs).

Gold is money. Been aroud a long time....ain't going nowhere.

Originally posted by OBE1

Originally posted by Korg Trinity
You along with many miss the point.

To ask such a question as the OP has, one can extrapolate that the very concept of the value of money is what is at stake. Ever heard the term 'Money makes the world go round'?

If you cannot see the synergy in my words or the truth of them, then that's not my issue.

"Neither.... Save Ammunition and weapons... After the fit hit the shan... Take the food..."

"9 gage shot is your best bet."

"Best advice, Spend your gold on getting yourself trained."

Nice try Korg.


The question was: Cash or Gold ?

Cash is debt, and will ultimately revert to it's intrinsic value...currently around 4 cents (printing costs).

Gold is money. Been aroud a long time....ain't going nowhere.

Are you always so superficial in your inspection of issues.

Actually Time is money, and when money is worth nothing so is a man's time.

Please refer to your history books for what happens next.

Korg.

The ultimate asset is power not gold.

I thought some readers might be interested in viewing the historical progression of US currency standards.

[atsimg]http://files.abovetopsecret.com/images/member/507444cf2de8.png[/atsimg]

I think everyone knows that Nixon closed the "Gold window" in 1971, thus ending the process whereby foreign central banks could redeem Gold for US dollars, but it was actually congressional abandonment of the Gold Cover Clause in 1968 that granted absolute authority over the US money supply to the Fed banksters, and ended 26 years on a Fixed Gold Standard.

With the Coinage Act of 1965, US Silver dimes, quarters, and 90% half dollars disappeared form circulation...Gresham's law in action. Anyone born after, say, 1956 probably doesn't remember the feel and sound associated with real money...not to mention the purchasing power. While still in high school, I used to gas up my 55 Chevy Nomad with a couple of quarters...at 25 cents a gallon!