Buy Gold and Silver - Page 189

blackjimmy · 16-02-2012, 06:55 PM

Quote:

Originally Posted by icke_is_right

Yes, I told people that I was buying 4 years ago. Some followed quickly afterwards after realising what I said was true, some were already in position. As well as metal, I have always maintained that property isn't a good investment. I haven't seen anyone else who has made a similar suggestion who did better. There have been many suggestions about not bothering, confiscation etc.. Sorry but returns of over 22% PA are what I always worked towards for years. The message was there, what more could I do? I've also warned against savings accounts and ISAs. Farm land isn't bad but again you need to know what you are doing.

We have the slight 'blip' that they've taken out MF Global. This has reduced money in the paper market and trading volume.

Now Greece is in riots and they are embarking on QE extraordinaire. The advice still remains the same with a 4 year outlook. Understanding that one principle, will leave many light years beyond people who think that 'day trading' is an option.

http://kingworldnews.com/kingworldne..._Violence.html

Here are UK house prices from the same time Ie Q1 2008.

http://www.housepricecrash.co.uk/ind...-inflation.php

It's also knowing what 'not' to do, that helps.

Gold and Silver shares will far outperform metal in future years. However, I've always backed away from such returns because people need to know how to value a company, read their balance sheets and ascertain what metal they have in the ground, and judge the quality of management. Also, work out how they are financed. This is not for people who aren't business trained, have studied accounts or have educated themselves extensively.

Why do you think PMs had a pretty flat year in 2011 compared to the 20% p.a. returns in the previous years? It seems to me to be heavy manipulation in the markets to cover the inevitable price rises that would have happened as a result of things coming to a head in europe.. do you think I'm on the right track with that? Or did MF global have a large part to play?

Also in regards to housing, do you see prices continuing to go down over the next few years.. I'm at the time of my life where 'traditionally' I would probably be looking to buy my first house, but the thought of selling my metals to put down a deposit on a mortgage at this time seems imprudent at best, lunacy at worst. Bob Chapman has indicated that people would be wise to rent for the forseeable furture and keep their capital in metals.. just interested in your opinion. cheers.

indolering · 16-02-2012, 07:16 PM

Quote:

Originally Posted by blackjimmy

Why do you think PMs had a pretty flat year in 2011 compared to the 20% p.a. returns in the previous years? It seems to me to be heavy manipulation in the markets to cover the inevitable price rises that would have happened as a result of things coming to a head in europe.. do you think I'm on the right track with that? Or did MF global have a large part to play?

Also in regards to housing, do you see prices continuing to go down over the next few years.. I'm at the time of my life where 'traditionally' I would probably be looking to buy my first house, but the thought of selling my metals to put down a deposit on a mortgage at this time seems imprudent at best, lunacy at worst. Bob Chapman has indicated that people would be wise to rent for the forseeable furture and keep their capital in metals.. just interested in your opinion. cheers.

I agree with Chapman's advice: continue renting until things level out. Keep your metals which will maintain and increase in value whereas land will likely continue to decrease in value.

fables429 · 16-02-2012, 07:23 PM

I am a recent college grad with debt... so negative money.

What should I do.. I could probably only afford silver... where should I buy it from? I am pretty sure silver at the moment is cheap in Mexico... might go down there and buy in bulk with the little money I have left from my loans....

Gold seems hard to get, but I can probably get a bunch of old computers fro free and just cut out the gold parts... no chemicals needed for now.

Recycle the rest. (a certified recycleer.. e-waste is bad)

-------------------------

godner · 16-02-2012, 10:32 PM

Quote:

Originally Posted by fables429

I am a recent college grad with debt... so negative money.

What should I do.. I could probably only afford silver... where should I buy it from? I am pretty sure silver at the moment is cheap in Mexico... might go down there and buy in bulk with the little money I have left from my loans....

Gold seems hard to get, but I can probably get a bunch of old computers fro free and just cut out the gold parts... no chemicals needed for now.

Recycle the rest. (a certified recycleer.. e-waste is bad)

-------------------------

Go down to your local jeweller in your nearest town. Needless to say, AVOID the bellend ones who insist on taking your picture or ID.
Got a very nice sov for £255 last week, no questions asked.

Another point, I can't understand why people here in the UK think that 9ct or 18ct tat is somehow 'good'. I wouldn't touch it with a bargepole, unless I was weighing it in for scrap if the price is right.
Other countries value what the jewellery is made of way more than how intricate the design is. You only need to look at an Argos catalogue to see the utter shite they are touting, that said they will only tout it if people are buying this rubbish.

Things are definitely changing here for the better though. Fewer and fewer people want to pay for 'intricate workmanship' these days, no wonder, it holds about as much 'value' to the consumer as VAT does on a new car.

geewhizz · 17-02-2012, 04:01 PM

Quote:

Originally Posted by indolering

I agree with Chapman's advice: continue renting until things level out. Keep your metals which will maintain and increase in value whereas land will likely continue to decrease in value.

Do you have a link for this chapman interview

indolering · 20-02-2012, 04:27 AM

Quote:

Originally Posted by geewhizz

Do you have a link for this chapman interview

I did not see Chapman's article mentioned by blackjimmy. I took him at his word - the second sentence of my post is my opinion, which I assumed was shared by Chapman. Sorry for the confusion.

blackjimmy · 20-02-2012, 08:05 AM

Quote:

Originally Posted by geewhizz

Do you have a link for this chapman interview

Sorry I can't remember which interview I heard it on; chapman does so many. Actually I have heard him give the same advice more in more than one interview.

indolering · 20-02-2012, 02:59 PM

Quote:

Originally Posted by indolering

I agree with Chapman's advice: continue renting until things level out. Keep your metals which will maintain and increase in value whereas land will likely continue to decrease in value.

One more point about buying/owning land: with everything that's going on in the world today, the volatile economic and political circumstances (to say nothing of possible Earth changes), it may be necessary to move one's family due to local conditions. You can't take your land with you and you may not be able to sell it easily for what it's worth. Land is not portable like metals are. Just something to consider....

alisa2 · 20-02-2012, 04:01 PM

Quote:

Originally Posted by indolering

Very informative. Thank you...

Have another listen:

Patrick Wood & Martin Erdmann PhD on Technocracy's Endgame: The Global Smart Grid - YouTube

icke_is_right · 20-02-2012, 08:06 PM

Quote:

Originally Posted by blackjimmy

Why do you think PMs had a pretty flat year in 2011 compared to the 20% p.a. returns in the previous years? It seems to me to be heavy manipulation in the markets to cover the inevitable price rises that would have happened as a result of things coming to a head in europe.. do you think I'm on the right track with that? Or did MF global have a large part to play?

Also in regards to housing, do you see prices continuing to go down over the next few years.. I'm at the time of my life where 'traditionally' I would probably be looking to buy my first house, but the thought of selling my metals to put down a deposit on a mortgage at this time seems imprudent at best, lunacy at worst. Bob Chapman has indicated that people would be wise to rent for the forseeable furture and keep their capital in metals.. just interested in your opinion. cheers.

Manipulation and MF Global. The idea was to make people think that PMs are bad and going to fall further. I think that they've done very well on that count. The naysayers were out in full force because they look at charts and think that they reflect reality, when this is untrue in a manipulated market.

I expect that houses will not keep up with inflation. They are at the end of a 40 year bubble induced by the bankers. House prices are not created by supply and demand, they are created by bank lending policy because people only are generally able to buy houses with a loan. I expect them to shoot interest rates up when inflation gets higher, which will cause more people problems.

I mentioned land and by that I mean farmland really. Best if you are a farmer and a businessman. Then you can do something with it. Just as a static investment, I don't think it's going to be very unimpressive.

I think metal is the place to have capital for the foreseeable future.

domathy · 22-02-2012, 06:48 PM

This was on Ickes headlines page:

By now it will be common knowledge that Fed Chairman Ben Bernanke has committed America to Quantitative Easing (QE) for Europe.

It matters little whether the Fed distributes the funds individually to specific countries, or whether it credits the International Monetary Fund (IMF) or the European Central Bank (ECB) for them to distribute.

At the very least, the objective is a delay in the financial collapse of the EU, which would, in turn, delay a similar crash in the US.

It is hard to imagine, but it is also possible that Mr. Bernanke actually believes that the creation of more fiat currency may be an actual solution to the EU’s fiscal problems.

For those who believe, as I do, that the situation is beyond redemption and that the EU QE will only exacerbate the problem, the damage that it will do to American and European taxpayers is unconscionable. This latest grandstand play will only serve to make the ultimate crash deeper and more prolonged. Long after those who have concocted the scheme have retired to their villas, the average citizen will still be paying for their intervention.

But there is an interesting side issue that, as yet, does not seem to be under discussion. If the US is to loan billions, or even trillions, to the EU, it would not be unreasonable for them to request that the loan be securitised. After all, this is the normal manner in which banking is done.

On the surface of it, this might seem unlikely, as the Fed would appear a bit chintzy if it were to insist upon holding a note for, say, the Acropolis or the Tower of Pisa. However, a far more reasonable and far more logical possibility exists. At present, an estimated 6,000 tonnes of gold is held in the cellars of the Federal Reserve Building in New York that belongs to EU countries. It would not seem at all unreasonable for the US to wish to collateralise the debt to the EU, using the EU gold in New York.

The kicker here is that, however much fiat currency they credit the EU with, they will never see that money again. It is not possible that it can be repaid, since the EU cannot even pay its existing debt.

So, what would be the wrinkles in such a move?

First, it could be suggested that the EU would not wish to sign over the gold. After all, the QE will not be repaid, which virtually guarantees that they would lose their gold to the US government. Second, the European people are beginning to figure out that it may not have been such a good idea to let the Americans store EU gold, and many are now asking their governments to have it shipped to European banks. So, what would be the reply from the Fed if, say, the Bundesbank were to order that the German-owned gold be delivered to Frankfurt?

I am inclined to believe that it would not be one that the German people would wish to hear.

Another argument against the premise of securitisation for the EU QE would be that the US continues to maintain that gold is a barbarous relic that should not be thought of as currency. If they were to demand gold as security, would they be opening up a can of worms? My guess is that they would not. That can is in the process of opening of its own accord, as major American institutions are now buying gold. Therefore, the veil is falling from that particular ruse in any case. As it does, the US could only appear prudent to its populace by requesting securitisation.

But the larger issue is the future. The Euro is headed for a fall. The US dollar, in turn, would be likely to fall. A currency scramble would then ensue, with possibly the yuan, the ruble, the rupee and other currencies vying for greater use as world currencies. In addition, the IMF may well create its own paper currency and run it up the flagpole.

The US would be likely to make a stab at a new dollar of some sort. However, once a currency has crashed, the currency that created it generally has a difficult time re-establishing its previous position of importance. If the US were to stay in the game as the world’s provider of a default currency, it would need something more than it can presently offer.

Many economists project that, following the crashes of the Euro and the dollar, a return to gold-backed currencies would appear as a world trend. This is only natural, as the fiat currency concept would have been shown to be the farce that it is.

This being the case, at gold’s current spot price there is not enough of it in circulation to cover the amount of currency units in existence in the world. It is entirely possible that all currencies could receive a shake-up, and an entire worldwide system of gold-backed currencies may develop. If this were to occur, the countries that held the largest amounts of gold at that time would be out in front economically. Which countries had made the most severe economic mistakes in the immediate past, would become less important than who was holding the precious metal after the fall had occurred. Certainly, the Asian countries see the writing on the wall. It is no secret that they are acquiring gold in a very determined way.

Certainly, they hope to have a bigger share of the pie after the crashes take place in the First World.

As to whether the US chooses to attach the EU gold to their QE of Europe, only time will tell, but it would certainly seem to be the wise move.

icke_is_right · 22-02-2012, 07:43 PM

I'd like to get away from the idea of bankers/govts. looking after our money. I like Mike Maloney's idea where we actually used metal as currency or store it ourselves, outside the banking system.

However what the article says about money printing is true and long gone are the debates over DEFLATION. Which was long the case.

We could implement a system like Gold Money instead of banks. When people say their isn't enough to go around, again I suggest Maloney's idea of going down to nano particles if necessary.

We all know that gold as a currency isn't ideal but it is an ideal stepping stone, as well as silver, until a better system is found.

We have no idea how much gold or silver there is or where it is.

Unfortunately, there are hardly any people who are advanced enough to be able to 'do what's right', rather than look after self interests. Obviously, we need to put control in the hands of someone. All I could can think of right now would be handing over complete control to good uncorrupted and educated tribal elders, worldwide, who have held true to their customs and mostly rejected the modern world.

Then perhaps a new awareness and education could be created to bring people more in line with objectives such as: clean living, being happy and getting on with one another.

Perhaps then, we could handle free energy technology and such technology as the inbreeds have in their underground bases.

I was always rather impressed, some years ago on this forum about a thread about 'how much you'd sell out for' or something similar. I'm sure a few of us exist that would take no amount of money, knowing we do direct harm to others.

So, there is my dream of the Utopian world. We're a long way off and people still don't understand that gold and silver are a good currency until something better is found but only in human possession.

In any case, we need to remember that WE need to take control. There is constant talk that 'they are going to do this', 'they are going to do that'. Bollox, not if we don't let them and with a critical mass that is growing by the day We have a very good chance of not just overthrowing them, more to the point, realising our own power! Anyone with half a brain must stand in awe at the unbelievable lengths that they've gone to, to keep us asleep!

domathy · 22-02-2012, 08:13 PM

Quote:

Originally Posted by icke_is_right

I'd like to get away from the idea of bankers/govts. looking after our money. I like Mike Maloney's idea where we actually used metal as currency or store it ourselves, outside the banking system.

However what the article says about money printing is true and long gone are the debates over DEFLATION. Which was long the case.

We could implement a system like Gold Money instead of banks. When people say their isn't enough to go around, again I suggest Maloney's idea of going down to nano particles if necessary.

We all know that gold as a currency isn't ideal but it is an ideal stepping stone, as well as silver, until a better system is found.

We have no idea how much gold or silver there is or where it is.

Unfortunately, there are hardly any people who are advanced enough to be able to 'do what's right', rather than look after self interests. Obviously, we need to put control in the hands of someone. All I could can think of right now would be handing over complete control to good uncorrupted and educated tribal elders, worldwide, who have held true to their customs and mostly rejected the modern world.

Then perhaps a new awareness and education could be created to bring people more in line with objectives such as: clean living, being happy and getting on with one another.

Perhaps then, we could handle free energy technology and such technology as the inbreeds have in their underground bases.

I was always rather impressed, some years ago on this forum about a thread about 'how much you'd sell out for' or something similar. I'm sure a few of us exist that would take no amount of money, knowing we do direct harm to others.

So, there is my dream of the Utopian world. We're a long way off and people still don't understand that gold and silver are a good currency until something better is found but only in human possession.

In any case, we need to remember that WE need to take control. There is constant talk that 'they are going to do this', 'they are going to do that'. Bollox, not if we don't let them and with a critical mass that is growing by the day We have a very good chance of not just overthrowing them, more to the point, realising our own power! Anyone with half a brain must stand in awe at the unbelievable lengths that they've gone to, to keep us asleep!

Thanks for commenting on the article. I agree with where youre coming from,
but I still am trying to get clear about wtf is likely to happen.

Im ready now to buy g/s and want to make the right choice. My problem is I just dont feel that fearful about the future. Maybe thats normalcy bias/denial, or perhaps I sense something awesome is going to happen and the world is just going to transform for the better and maybe no currency will be needed after we all wake up and learn to share. But thats possibly too much of a gamble as I have loved ones who I need to make sure are okay (otherwise Id be more happy to just wing it).

I cant help thinking it doesnt matter anyway as the reptillians are going to take all the gold away before vaporising the planet - or something like that, and maybe there wont be a critical mass and we're all fucked. Anyway, I had lot of signs telling me metals are a good idea - so will probably just go for it.

Do these coins look okay:
http://www.bullionbypost.co.uk/gold-...n/quarter-sov/

http://www.bullionbypost.co.uk/silve...z-silver-coin/

Thanks.

freedom1st · 22-02-2012, 08:33 PM

Quote:

Originally Posted by icke_is_right

I'd like to get away from the idea of bankers/govts. looking after our money. I like Mike Maloney's idea where we actually used metal as currency or store it ourselves, outside the banking system.

However what the article says about money printing is true and long gone are the debates over DEFLATION. Which was long the case.

We could implement a system like Gold Money instead of banks. When people say their isn't enough to go around, again I suggest Maloney's idea of going down to nano particles if necessary.

We all know that gold as a currency isn't ideal but it is an ideal stepping stone, as well as silver, until a better system is found.

We have no idea how much gold or silver there is or where it is.

Unfortunately, there are hardly any people who are advanced enough to be able to 'do what's right', rather than look after self interests. Obviously, we need to put control in the hands of someone. All I could can think of right now would be handing over complete control to good uncorrupted and educated tribal elders, worldwide, who have held true to their customs and mostly rejected the modern world.

Then perhaps a new awareness and education could be created to bring people more in line with objectives such as: clean living, being happy and getting on with one another.

Perhaps then, we could handle free energy technology and such technology as the inbreeds have in their underground bases.

I was always rather impressed, some years ago on this forum about a thread about 'how much you'd sell out for' or something similar. I'm sure a few of us exist that would take no amount of money, knowing we do direct harm to others.

So, there is my dream of the Utopian world. We're a long way off and people still don't understand that gold and silver are a good currency until something better is found but only in human possession.

In any case, we need to remember that WE need to take control. There is constant talk that 'they are going to do this', 'they are going to do that'. Bollox, not if we don't let them and with a critical mass that is growing by the day We have a very good chance of not just overthrowing them, more to the point, realising our own power! Anyone with half a brain must stand in awe at the unbelievable lengths that they've gone to, to keep us asleep!

Excellent post! And yes, they do go to extreme lengths to keep us deluded which should give us a hint as to where the real power lies.

icke_is_right · 22-02-2012, 10:06 PM

Quote:

Originally Posted by domathy

Im ready now to buy g/s and want to make the right choice. My problem is I just dont feel that fearful about the future. Maybe thats normalcy bias/denial, or perhaps I sense something awesome is going to happen and the world is just going to transform for the better and maybe no currency will be needed after we all wake up and learn to share. But thats possibly too much of a gamble as I have loved ones who I need to make sure are okay (otherwise Id be more happy to just wing it).

I cant help thinking it doesnt matter anyway as the reptillians are going to take all the gold away before vaporising the planet - or something like that, and maybe there wont be a critical mass and we're all fucked. Anyway, I had lot of signs telling me metals are a good idea - so will probably just go for it.

Silver Coins look very expensive if you are buying a small amount:

http://www.coininvestdirect.com/de/s...ate=pound_rate

No one knows what they are going to do about the timing with the economic situation really. They have been and will continue to devalue currencies but this is really happening on a massive scale now.

I have commented constantly on my amazement that so many people have 'Mad Max' visions of the future. I don't have this feeling. I actually don't see the point. I think more to the point is to make a decision that we are going to see the world change for the better. We do create our futures so much by what we think.

The Inbreeds don't look like they have any intention of leaving this planet.

The bottom line is that we should not live in fear.

I seek to get my thinking in order a great deal. The most successful people have a clear vision of what they 'wish' and a clear map of how to get there. This is what all of us need.

What I have learned over the past years has liberated me in many ways. I'm so glad that I understand more yet there is so much more to learn. One of my hopes is that I have the chance to learn more whilst being on this planet. What happens at death, doesn't concern me at the moment. It's so wonderful to understand why I'm mad and why the rest of the world is bonkers. The relaxation that comes with that is great. Today I was most of the day in the forest, then took a long walk back home, instead of being driven. I'm learning so much at the moment about bushcraft, there is genuine joy, in much of the stuff I focus on these days. Focusing on negative stuff, is likely to bring negative results.

kingskins · 23-02-2012, 03:01 PM

I have read most of this thread as it has developed, and i am finally in the position to invest. If you had say 10k to use what percentage would you put in gold and what in silver.

And i thank all that have contributed to this thread.

icke_is_right · 23-02-2012, 04:32 PM

Quote:

Originally Posted by kingskins

I have read most of this thread as it has developed, and i am finally in the position to invest. If you had say 10k to use what percentage would you put in gold and what in silver.

And i thank all that have contributed to this thread.

50:50 is good and what people like James Turk, from Goldmoney advise. I'm in silver 100% now after having swapped gold for silver and spent some gold too. This is more risky but my silver has done so much better. However, this has been a rough ride so far, as after I swapped, silver was bombed! Through $35 is very important and also with Jim Sinclair's $1765 for gold, as he says that gold will now enter a super trend. Therefore, gains in both could be highly accelerated from here.

I like what Kevin Trudeau says about gold, and this is that it's vibration is very special and it is good to keep some on your person or in your surroundings all the time. I didn't experience great leaps of luck when I had mine but when I buy some more, I will keep some on me and see if this really works.

I do believe that the inbreeds value gold for it's magical/medicinal properties.

How insane most people would think my posts are, who haven't looked at things from the 'David Icke' side of things. Lol.

alisa2 · 23-02-2012, 08:54 PM

Alan Watts - Money - YouTube

Here's a comment from the video above:

"With future technology, no one need be a lumberjack, fisherman, or drill for oil. Yet, most of us are unable to see this - just as our grandparents were unable to see space travel and the digital revolution. Consider this: The world economic system is now close to collapse. The day it does collapse, there will be no less food, water, housing or energy than there was the day before. All that will be gone is a defunct system of resources measurement that only ever generated corruption & poverty.

domathy · 23-02-2012, 08:56 PM

Quote:

Originally Posted by icke_is_right

50:50 is good and what people like James Turk, from Goldmoney advise. I'm in silver 100% now after having swapped gold for silver and spent some gold too. This is more risky but my silver has done so much better. However, this has been a rough ride so far, as after I swapped, silver was bombed! Through $35 is very important and also with Jim Sinclair's $1765 for gold, as he says that gold will now enter a super trend. Therefore, gains in both could be highly accelerated from here.

I like what Kevin Trudeau says about gold, and this is that it's vibration is very special and it is good to keep some on your person or in your surroundings all the time. I didn't experience great leaps of luck when I had mine but when I buy some more, I will keep some on me and see if this really works.

I do believe that the inbreeds value gold for it's magical/medicinal properties.

How insane most people would think my posts are, who haven't looked at things from the 'David Icke' side of things. Lol.

My friend sold her house in 08 and was advised to go all-in on gold. If she had she would be a millionaire by now. She is torn between the relative safety of buying property, or going for pm;s now and hoping for the best.
I pass on info from this thread and am grateful for all the info you share.

I think that if monkey see monkey do, and so i bought 32 of those silver coins from the link you posted and hopefully she will follow suit once I show her how shiny they are

as although no one can forecast the future - I reckon metals are a good short term investment at least.

But i didnt know you have to xfer funds to the people selling the metals - is this a safe way to buy, as opposed to paying by card online?

Are gold Pesos any good? they look cheap, and are small so good for trading I guess.

Should I get some coins and some bullion? I mean, I may want to just cash it in if the value goes up and bullion is cheaper than coins.

alisa2 · 23-02-2012, 09:05 PM

Alan Watts:

*"Do you remember the Great Depression? One day everything was going all right. Everybody was pretty wealthy and had plenty to eat. The next day everybody was in poverty. What had happened? Had the fields disappeared; had the dairy vanished into thin air; had the fish of the sea ceased to exist; had human beings lost their energy; their skills and their brains?

No, but on the morning after the Depression a man came to work building a house and the foreman said to him "Sorry chum you can't work today, there ain't no inches." He said "What do you mean there ain't no inches?" "Yeah" he said, "Yeah, we got lumber, we got metal, we even got tape measures." The foreman said "The trouble with you is you don't understand business. There are no inches. We have been using too many of them and there's not enough to go around."

Because what happened in the Great Depression was a slump in money. Human beings are so unbelievably stupid, that they confused money with wealth. They don't realize that money is a measure of wealth, in exactly the same way that meters are a measure of length. They think it is something that is valuable in and of itself. And as a result of that get into unbelievable trouble, in exactly the same way time is nothing but an abstract measure of motion.

And we keep counting time. We have the sensation time is running out, and we bug ourselves with this as we sit and watch the clock. Supposing you are working, are you watching the clock? If you are, what are you waiting for? Time off? Five o'clock, we can go home and have fun? Yeah, fun. What are you going to do when you get home? Have fun? Or are you going to watch TV, which is an electronic reproduction of life which doesn't even smell of anything and eat a TV dinner which is a kind of a warmed over airline nastiness until you just get tired and have to go to sleep. You know, the great society.

This is our problem you see. We are not alive, we are not awake. We are not living in the present."

*This speech was slightly edited for clarification.

22-02-2012, 07:43 PM	#3772
icke_is_right Senior Member Join Date: Feb 2008 Posts: 2,463	Buy Gold and Silver I'd like to get away from the idea of bankers/govts. looking after our money. I like Mike Maloney's idea where we actually used metal as currency or store it ourselves, outside the banking system. However what the article says about money printing is true and long gone are the debates over DEFLATION. Which was long the case. We could implement a system like Gold Money instead of banks. When people say their isn't enough to go around, again I suggest Maloney's idea of going down to nano particles if necessary. We all know that gold as a currency isn't ideal but it is an ideal stepping stone, as well as silver, until a better system is found. We have no idea how much gold or silver there is or where it is. Unfortunately, there are hardly any people who are advanced enough to be able to 'do what's right', rather than look after self interests. Obviously, we need to put control in the hands of someone. All I could can think of right now would be handing over complete control to good uncorrupted and educated tribal elders, worldwide, who have held true to their customs and mostly rejected the modern world. Then perhaps a new awareness and education could be created to bring people more in line with objectives such as: clean living, being happy and getting on with one another. Perhaps then, we could handle free energy technology and such technology as the inbreeds have in their underground bases. I was always rather impressed, some years ago on this forum about a thread about 'how much you'd sell out for' or something similar. I'm sure a few of us exist that would take no amount of money, knowing we do direct harm to others. So, there is my dream of the Utopian world. We're a long way off and people still don't understand that gold and silver are a good currency until something better is found but only in human possession. In any case, we need to remember that WE need to take control. There is constant talk that 'they are going to do this', 'they are going to do that'. Bollox, not if we don't let them and with a critical mass that is growing by the day We have a very good chance of not just overthrowing them, more to the point, realising our own power! Anyone with half a brain must stand in awe at the unbelievable lengths that they've gone to, to keep us asleep! __________________ Gold $742 Silver $9.52 (at start of G/S thread Nov08') http://goldsilver.com/newsletters/newsID/8050/ We Will Win: http://www.youtube.com/watch?v=lbaemWIljeQ Focus on what you want, never give up, it will come. Last edited by icke_is_right; 22-02-2012 at 07:47 PM.

23-02-2012, 03:01 PM	#3776
kingskins Member Join Date: May 2009 Posts: 32	What to buy.... I have read most of this thread as it has developed, and i am finally in the position to invest. If you had say 10k to use what percentage would you put in gold and what in silver. And i thank all that have contributed to this thread.

16-02-2012, 07:23 PM	#3763
fables429 Member Join Date: Jan 2012 Posts: 66	I am a recent college grad with debt... so negative money. What should I do.. I could probably only afford silver... where should I buy it from? I am pretty sure silver at the moment is cheap in Mexico... might go down there and buy in bulk with the little money I have left from my loans.... Gold seems hard to get, but I can probably get a bunch of old computers fro free and just cut out the gold parts... no chemicals needed for now. Recycle the rest. (a certified recycleer.. e-waste is bad) -------------------------

22-02-2012, 06:48 PM	#3771
domathy Banned Join Date: Nov 2009 Location: Devon, UK. Posts: 2,965	This was on Ickes headlines page: By now it will be common knowledge that Fed Chairman Ben Bernanke has committed America to Quantitative Easing (QE) for Europe. It matters little whether the Fed distributes the funds individually to specific countries, or whether it credits the International Monetary Fund (IMF) or the European Central Bank (ECB) for them to distribute. At the very least, the objective is a delay in the financial collapse of the EU, which would, in turn, delay a similar crash in the US. It is hard to imagine, but it is also possible that Mr. Bernanke actually believes that the creation of more fiat currency may be an actual solution to the EU’s fiscal problems. For those who believe, as I do, that the situation is beyond redemption and that the EU QE will only exacerbate the problem, the damage that it will do to American and European taxpayers is unconscionable. This latest grandstand play will only serve to make the ultimate crash deeper and more prolonged. Long after those who have concocted the scheme have retired to their villas, the average citizen will still be paying for their intervention. But there is an interesting side issue that, as yet, does not seem to be under discussion. If the US is to loan billions, or even trillions, to the EU, it would not be unreasonable for them to request that the loan be securitised. After all, this is the normal manner in which banking is done. On the surface of it, this might seem unlikely, as the Fed would appear a bit chintzy if it were to insist upon holding a note for, say, the Acropolis or the Tower of Pisa. However, a far more reasonable and far more logical possibility exists. At present, an estimated 6,000 tonnes of gold is held in the cellars of the Federal Reserve Building in New York that belongs to EU countries. It would not seem at all unreasonable for the US to wish to collateralise the debt to the EU, using the EU gold in New York. The kicker here is that, however much fiat currency they credit the EU with, they will never see that money again. It is not possible that it can be repaid, since the EU cannot even pay its existing debt. So, what would be the wrinkles in such a move? First, it could be suggested that the EU would not wish to sign over the gold. After all, the QE will not be repaid, which virtually guarantees that they would lose their gold to the US government. Second, the European people are beginning to figure out that it may not have been such a good idea to let the Americans store EU gold, and many are now asking their governments to have it shipped to European banks. So, what would be the reply from the Fed if, say, the Bundesbank were to order that the German-owned gold be delivered to Frankfurt? I am inclined to believe that it would not be one that the German people would wish to hear. Another argument against the premise of securitisation for the EU QE would be that the US continues to maintain that gold is a barbarous relic that should not be thought of as currency. If they were to demand gold as security, would they be opening up a can of worms? My guess is that they would not. That can is in the process of opening of its own accord, as major American institutions are now buying gold. Therefore, the veil is falling from that particular ruse in any case. As it does, the US could only appear prudent to its populace by requesting securitisation. But the larger issue is the future. The Euro is headed for a fall. The US dollar, in turn, would be likely to fall. A currency scramble would then ensue, with possibly the yuan, the ruble, the rupee and other currencies vying for greater use as world currencies. In addition, the IMF may well create its own paper currency and run it up the flagpole. The US would be likely to make a stab at a new dollar of some sort. However, once a currency has crashed, the currency that created it generally has a difficult time re-establishing its previous position of importance. If the US were to stay in the game as the world’s provider of a default currency, it would need something more than it can presently offer. Many economists project that, following the crashes of the Euro and the dollar, a return to gold-backed currencies would appear as a world trend. This is only natural, as the fiat currency concept would have been shown to be the farce that it is. This being the case, at gold’s current spot price there is not enough of it in circulation to cover the amount of currency units in existence in the world. It is entirely possible that all currencies could receive a shake-up, and an entire worldwide system of gold-backed currencies may develop. If this were to occur, the countries that held the largest amounts of gold at that time would be out in front economically. Which countries had made the most severe economic mistakes in the immediate past, would become less important than who was holding the precious metal after the fall had occurred. Certainly, the Asian countries see the writing on the wall. It is no secret that they are acquiring gold in a very determined way. Certainly, they hope to have a bigger share of the pie after the crashes take place in the First World. As to whether the US chooses to attach the EU gold to their QE of Europe, only time will tell, but it would certainly seem to be the wise move.

23-02-2012, 09:05 PM	#3780
alisa2 Premier Subscribers Join Date: Jan 2007 Posts: 1,576	Alan Watts: "Do you remember the Great Depression? One day everything was going all right. Everybody was pretty wealthy and had plenty to eat. The next day everybody was in poverty. What had happened? Had the fields disappeared; had the dairy vanished into thin air; had the fish of the sea ceased to exist; had human beings lost their energy; their skills and their brains? No, but on the morning after the Depression a man came to work building a house and the foreman said to him "Sorry chum you can't work today, there ain't no inches." He said "What do you mean there ain't no inches?" "Yeah" he said, "Yeah, we got lumber, we got metal, we even got tape measures." The foreman said "The trouble with you is you don't understand business. There are no inches. We have been using too many of them and there's not enough to go around." Because what happened in the Great Depression was a slump in money. Human beings are so unbelievably stupid, that they confused money with wealth. They don't realize that money is a measure of wealth, in exactly the same way that meters are a measure of length. They think it is something that is valuable in and of itself. And as a result of that get into unbelievable trouble, in exactly the same way time is nothing but an abstract measure of motion. And we keep counting time. We have the sensation time is running out, and we bug ourselves with this as we sit and watch the clock. Supposing you are working, are you watching the clock? If you are, what are you waiting for? Time off? Five o'clock, we can go home and have fun? Yeah, fun. What are you going to do when you get home? Have fun? Or are you going to watch TV, which is an electronic reproduction of life which doesn't even smell of anything and eat a TV dinner which is a kind of a warmed over airline nastiness until you just get tired and have to go to sleep. You know, the great society. This is our problem you see. We are not alive, we are not awake. We are not living in the present." This speech was slightly edited for clarification.