Buy Gold and Silver

[olas]

Originally Posted by icke_is_right

http://goldsilver.com/crash_course.p...=6&video_id=40

Chapter 11 of the Crash Course is a fascinating fact. I like the way he enables the viewer to visualise how much cash this is.

3.28 min video.

Isn´t better to invest in agricultural managements?

No one eats gold. Or drink silver.

[icke_is_right]

Originally Posted by olas

Isn´t better to invest in agricultural managements?

No one eats gold. Or drink silver.

No, I don't think that investing is for you Olas. If you can't read the thread first, you are obviously not serious about it.

[icke_is_right]

Ebay Coin Prices Link

http://www.24hgold.com/english/buy_s...s.aspx?co_id=0


National Debt Clock

http://www.brillig.com/debt_clock/

Press the refresh button when you have this page up,,,,,,,I was impressed.

[1694]

Folks it doesn't have to the the appocolypse you are envisioning for fiat currency to end up worthless compared to a loaf of bread. Society may well continue along its current lines, just with currency buyer power dissapearing down the shitter.

If you have a substantial bank balance I would take measures to protect it, you put a lot of time and effort in to saving it. Land, copper, sugar etc. all have a large scale "use" but there are issues of storage and trading. Oil/petrol have storage and legality issues.

PMs may very well still be in demand in the future just as they have been for centuries and over the long run will probably hold their trading value against land, sugar, copper, oil etc. a hell of a lot better than a currency.

You can't eat gold, you can't eat paper, but there are only so many preps you can buy, 40K prob wont buy you enough land to go self sufficient, what are you going to do with that 40K?

Also what if this isnt the final crash, you are left sitting on a 40k of food preps past their use by dates. What if there isnt the massive crash and you are left owning a farm and being raiped by Tesco, commercial farming aint easy. If you have enough money to set yourself up as self sufficient, why haven't you done it already? If there isn't a final crash gold will still have a market.

Don't depend on it, but maybe consider it making up part of your overall plan.

[icke_is_right]

http://meltdown2011.wordpress.com/20...mex-countdown/

http://www.nymex.com/warehouse.aspx

If you can invest in baked beans,,,,,,,,fair enough. I think the main thing is to convert cash out of this paper money system into something tangible.

I've chosen Gold Silver because of the above situation and I can store them for long periods. I can also convert them for payment as some stage in the future.

[olas]

Originally Posted by icke_is_right

No, I don't think that investing is for you Olas. If you can't read the thread first, you are obviously not serious about it.

But the thread is "Buy Gold and Silver".

What do you mean?

[icke_is_right]

Sorry Olas, I think you sound like English isn't you first language so reading all the information posted in the thread is challenging even if English is your first language.

To answer your question, my view is that if you were buying real agricultural investments eg farmland, that is a possibility. The whole thing about trading in this environment is that I don't like the idea trusting paper assets.

The case for silver and gold is strong because the price has been manipulated to stay low for so long. There is a very strong chance that gold and silver will reach their real market price in the next years. This could be many times the value that they are now.

Food etc. is more important that Gold. It just looks like the value of paper money is set to decrease dramatically, perhaps to what I perceive it's real worth to be and that is zero. Gold and Silver have retained value for the last 5000 years whilst paper money systems have come and gone.

There are many people who think that we should be doing survival training and moving back to living off the land. This, I think, is exactly what the elite would like. All I aim to do is try to keep up with their paper money game. I'm not focusing on doom scenarios, I aim more to take control of what is.

I believe that paper money isn't valuable and that gold and silver a harder to produce than paper.

[icke_is_right]

http://www.telegraph.co.uk/finance/e...injection.html

Bank of England mulls "nuclear option" of cash injection
The Bank of England is working on radical plans to inject cash directly into the economy - the nuclear option to be used only when interest rates approach zero.

By Edmund Conway, Economics Editor

In what would be a major departure for British monetary policy, the Bank is considering pressing the button on printing presses by engaging in a so-called policy of quantitative easing. It emerged after the Monetary Policy Committee cut borrowing costs by 1pc to just 2pc - the lowest level since 1951.

In the statement published alongside its decision, the Bank warned that "it was unlikely that a normal volume of [bank] lending would be restored without further measures."

The measures under consideration include direct purchases of assets, such as government debt or commercial investments, by the Bank or the Treasury, as well as expanding the Bank's balance sheet, a means of pumping extra cash into the banking sector.

The radical proposals, which are currently being explored by Bank experts, could be put into action within weeks, although they would have to be vetted by the Treasury, which is thought to remain sceptical. The main obstacle is that the policy could be found to conflict with European Union laws on how governments manage their budgets.

However, added weight was given to the proposals by European Central Bank President Jean-Claude Trichet, who seemed to hint in the press conference to announce the ECB's 75 basis point rate cut yesterday that it may also consider "nuclear options".

"We will look at what is necessary at any period of time," he said. "If new decisions are needed, we will take new decisions."

If the plans do go ahead it would be the first time since the 1970s that the Bank of England has effectively attempted to target the volume of cash in the economy, by using its balance sheet, rather than the price of money through interest rates.

The news underlines the fact that despite having slashed rates from 5pc this year, and put around £500bn of money behind schemes aimed at kick-starting the mortgage lending market, it has failed to arrest the financial crisis.

Danny Gabay of Fathom Consulting said: "There has been a seismic shift at the Bank of England. I think [quantitative easing] is a natural progression from where we've got to now. The Bank has reached a tipping-point with interest rates. With a target rate for inflation of 2pc, this cut means that real interest rates are now at zero.

"It's quite sensible for them to start thinking about what other things to do. The easiest thing that they could do is to under-fund the fiscal deficit."

This would involve using the Ways and Means bank account at the Bank to buy government securities and would, in effect, amount to printing cash. In normal times such a move would be highly inflationary, but with the UK facing deflation next year such a plan is now thought to be valid.

A number of other central banks, including the Riksbank in Sweden, the Danish central bank and the Reserve Bank of New Zealand also slashed rates as the global economic slowdown took hold.

With experts speculating that the MPC might contemplate another 1.5pc cut, the pound dropped sharply ahead of the decision, but it later recovered to close down 1.32 cents at $1.4690 against the dollar.

Halifax reported that house prices dropped by 2.6pc in November alone, while the Society of Motor Manufacturers and Traders announced that new car sales plummeted at the fastest rate since 1980. The total number of new car registrations last month was 100,333 - down 36.8pc on last year's level.

[electricwoombat]

If 2012 comes about gold, silver, platinum whatever should be worthless as a new type of society will come about where these things are worthless. Worrying about how to maintain wealth is still the unawakened mode of thought 'If it all collapses I'll need "currency" to get by in the new world", is still old thinking and just looking at rebuilding what we are all ( I hope) trying to bring down. The real currencies will be food love and shelter, actually I really think that currency will become irrelevant as in a true world we are all self sustaining in all the basics and will all be exploring new modalities of existance and none of us will be alive to see what new technologies come about when oil and coal and nuclear are all rejected so finance isnt really a worry.

[icke_is_right]

Originally Posted by electricwoombat

If 2012 comes about gold, silver, platinum whatever should be worthless as a new type of society will come about where these things are worthless. Worrying about how to maintain wealth is still the unawakened mode of thought 'If it all collapses I'll need "currency" to get by in the new world", is still old thinking and just looking at rebuilding what we are all ( I hope) trying to bring down. The real currencies will be food love and shelter, actually I really think that currency will become irrelevant as in a true world we are all self sustaining in all the basics and will all be exploring new modalities of existance and none of us will be alive to see what new technologies come about when oil and coal and nuclear are all rejected so finance isnt really a worry.

I don't believe currency is worth anything. I believe that power is being weilded by use of currency. Currency can be anything but the paper/plastic ones are purposely being melted to make normal day to day living difficult for people.

The 'I'm more awakened than you' line means that you are not awakened whatever awakened actually means.

Coming from this part of Australia, let me assure you that your life is much easier than many of those who reside in Europe. In the UK, for many people, it's literally a struggle to survive on a daily basis. I've lived in both places. I know what I'm talking about. Finding shelter in conditions that run to -15C is different to finding shelter in a hot climate. Give me and knife and fishing rod in Queensland and I'm going to be able to survive for months on love any time of the year. In fact, if I had my way, I'd be at Cape Leveque, north of Broome never to return to any city/town ever again.

Oil technology has been enforced upon us. Many scientists have been killed for finding fuel saving or toward more free energy devices. Hydrogen cars are easily viable right here right now if it were allowed.

I hope a new world does occur, I'm tired of the evil in this one.

[olas]

Originally Posted by icke_is_right

Sorry Olas, I think you sound like English isn't you first language so reading all the information posted in the thread is challenging even if English is your first language.

To answer your question, my view is that if you were buying real agricultural investments eg farmland, that is a possibility. The whole thing about trading in this environment is that I don't like the idea trusting paper assets.

The case for silver and gold is strong because the price has been manipulated to stay low for so long. There is a very strong chance that gold and silver will reach their real market price in the next years. This could be many times the value that they are now.

Food etc. is more important that Gold. It just looks like the value of paper money is set to decrease dramatically, perhaps to what I perceive it's real worth to be and that is zero. Gold and Silver have retained value for the last 5000 years whilst paper money systems have come and gone.

There are many people who think that we should be doing survival training and moving back to living off the land. This, I think, is exactly what the elite would like. All I aim to do is try to keep up with their paper money game. I'm not focusing on doom scenarios, I aim more to take control of what is.

I believe that paper money isn't valuable and that gold and silver a harder to produce than paper.

My point of view is that the paper money was invented to become easier the trade. And, if i remember, the "all the world and more 5%" way of trade began like this. Do i´m wrong as my english?

Then, if you buy gold and silver all what gonna happen is to feed back the bankers that will wait till this hurricane finish. And the next step will be stimulate to change gold and silver for pre-paid credit card. Do i´m still wrong?

Or you mean that we should look for profit in this chaos?

[icke_is_right]

Olas,

paper money is being printed big time. Most banks have stopped or haven't got much more gold to sell. Most govt's have run out of silver. The price of silver has been kept low for 60 years because of governments flooding the market with silver. This has now stopped. Also the price of gold and silver has been kept very low because the big banks manipulate the price with paper derivatives. The price of gold now should be many times higher. Traders such as myself have given up the paper market and started buying the real thing as we cannot outdo the big banks on paper. They do illegal things. Traders are now starting to ask for real gold and silver in return for their paper contracts. COMEX who have to deliver the gold is likely to run out of gold and silver soon. Then they will not be able to control the paper price of bullion any more.

Really the choice is do you trust holding paper money or gold/silver coins?

Do you want to hold your cash in a bank and constantly loose money because on inflation? I think getting out of cash is getting further away from their game.

You'll probably have to convert back to cash to use in the shops etc.. You might make profit but I know one thing, paper is likely to go to zero before Gold or Silver.

[olas]

Originally Posted by icke_is_right

Olas,

paper money is being printed big time. Most banks have stopped or haven't got much more gold to sell. Most govt's have run out of silver. The price of silver has been kept low for 60 years because of governments flooding the market with silver. This has now stopped. Also the price of gold and silver has been kept very low because the big banks manipulate the price with paper derivatives. The price of gold now should be many times higher. Traders such as myself have given up the paper market and started buying the real thing as we cannot outdo the big banks on paper. They do illegal things. Traders are now starting to ask for real gold and silver in return for their paper contracts. COMEX who have to deliver the gold is likely to run out of gold and silver soon. Then they will not be able to control the paper price of bullion any more.

Really the choice is do you trust holding paper money or gold/silver coins?

Do you want to hold your cash in a bank and constantly loose money because on inflation? I think getting out of cash is getting further away from their game.

You'll probably have to convert back to cash to use in the shops etc.. You might make profit but I know one thing, paper is likely to go to zero before Gold or Silver.

There is a problem and i see like this way.
The paper will burn, but the only way to keep the centralized financial power is to control the uprise of the economics after the chaos.
That´s what the gold is for. To keep the bankers, and the economists, with the power to hide the real meaning of "manufatured".
Gold, silver, diamond and so on. Who´s the one that can understand that?
Health, food, education and so on. Who´s the one that can´t understand that?

[icke_is_right]

http://www.telegraph.co.uk/finance/c...-extremes.html

Deflation virus is moving the policy test beyond the 1930s extremes
Debt deflation is tightening its grip over the entire global system. Interest rates are creeping towards zero in Japan, America, and now across most of Europe.


By Ambrose Evans-Pritchard, International Business Editor
Last Updated: 10:13PM GMT 06 Dec 2008

We are beyond the extremes of the 1930s. The frontiers of monetary policy are being pushed to limits that may now test viability of paper currencies and modern central banking.

You cannot drop below zero. So what next if the credit markets refuse to thaw? Yes, Japan visited and survived this policy Hell during its lost decade, but that was a local affair in an otherwise booming global economy. It tells us nothing.

This time we are all going down together. There is no deus ex machina to lift us out. Certainly not China, which is the most vulnerable of all.

As the risk grows, officials at the highest level of the British Government have begun to circulate a six-year-old speech by Ben Bernanke – at the time of its writing, a garrulous kid governor at the US Federal Reserve. Entitled Deflation: Making Sure It Doesn’t Happen Here, it is the manual of guerrilla tactics for defeating slumps by monetary means.

“The US government has a technology, called a printing press, that allows it to produce as many US dollars as it wishes at essentially no cost,” he said.

Critics had great fun with this when Bernanke later became Fed chief. But the speech is best seen as a thought experiment by a Princeton professor thinking aloud during the deflation mini-scare of 2002.

His point was that central banks never run out of ammunition. They have an inexhaustible arsenal. The world’s fate now hangs on whether he was right (which is probable), or wrong (which is possible).

As a scholar of the Great Depression, Bernanke does not think that sliding prices can safely be allowed to run their course. “Sustained deflation can be highly destructive to a modern economy,” he said.

Once the killer virus becomes lodged in the system, it leads to a self-reinforcing debt trap – the real burden of mortgages rises, year after year, house prices falling, year after year. The noose tightens until you choke. Subtly, it shifts wealth from workers to bondholders. It is reactionary poison. Ultimately, it leads to civic revolt. Democracies do not tolerate such social upheaval for long. They change the rules.

Bernanke’s central claim is that the big guns of monetary policy were never properly deployed during the Depression, or during the early years of Japan’s bust, so no wonder the slumps dragged on.

The Fed can create money out of thin air and mop up assets on the open market, like a sovereign sugar daddy. “Sufficient injections of money will ultimately always reverse a deflation.”

Bernanke said the Fed can “expand the menu of assets that it buys”. US Treasury bonds top the list, but it can equally purchase mortgage securities from US agencies such as Fannie, Freddie and Ginnie, or company bonds, or commercial paper. Any asset will do.

The Fed can acquire houses, stocks, or a herd of Texas Longhorn cattle if it wants. It can even scatter $100 bills from helicopters. (Actually, Japan is about to do this with shopping coupons).

All the Fed needs is emergency powers under Article 13 (3) of its code. This “unusual and exigent circumstances” clause was indeed invoked – very quietly – in March to save the US investment bank Bear Stearns.

There has been no looking back since. Last week the Fed began printing money to buy mortgage debt directly. The aim is to drive down the long-term interest rates used for most US home loans. The Bernanke speech is being put into practice, almost to the letter.

No doubt, such reflation a l’outrance can “work”, but what is the exit strategy? The policy leaves behind a liquidity lake. The risk is that this will flood the system once the credit pipes are unblocked. The economy could flip abruptly from deflation to hyper-inflation.

Nobel Laureate Robert Mundell warned last week that America faces disaster unless the Bernanke policy is reversed immediately. This is a minority view, but one held by a disturbingly large number of theorists. History will judge.

Most central bankers suffer from a déformation professionnelle. Those shaped by the 1970s are haunted by ghosts of libertine excess. Those like Bernanke who were shaped by the 1930s live with their Depression poltergeists.

His original claim to fame was work on the “credit channel” causes of slumps. Bank failures can snowball out of control as the “financial accelerator” kicks in. The cardinal error of the 1930s was to let lending contract.

This is why he went nuclear in January, ramming through the most dramatic rates cuts in Fed history. Events have borne him out.

A case can be made that Bernanke’s pre-emptive blitz has greatly reduced the likelihood of a catastrophe. It was no mean feat given that he had to face down a simmering revolt earlier this year from the Fed’s regional banks.

The sooner the Bank of England tears up its rule books and prepares to follow the script in Bernanke’s manual, the more chance we too have of avoiding a crash landing.

Monetary stimulus is a better option than fiscal sprees that leave us saddled with public debt – the path that nearly wrecked Japan.

Yes, I backed the Brown stimulus package – with a clothes-peg over my nose – but only as a one-off emergency. Public spending should be a last resort, as Keynes always argued.

Of course, Bernanke should not be let off the hook too lightly. Let us not forget that he was deeply complicit in creating the disaster we now face. He was cheerleader of Alan Greenspan’s easy-money stupidities from 2003-2006. He egged on debt debauchery.

It was he who provided the theoretical underpinnings of the Greenspan doctrine that one could safely ignore housing and stock bubbles because the Fed could simply “clean up afterwards”. Not so simply, it turns out.

As Bernanke said in his 2002 speech: “the best way to get out of trouble is not to get into it in the first place”. Too late now.

[368jrn]

i still dont get it, what f`ing use is gold or silver? you cant eat it or drink, it wont keep you warm. if youve got any "money" put it in gold or silver, thats what they say, so when the shit hits the fan you can trade it, well good for you, "i`m all jack". the whole system of people having "money" in what ever form it takes, means there will be those who have more than others, just as it is now. will solve the problem? No. we cant all have money, otherswise who`s gonna do all the shitty jobs? wheres the motivation?

unless eveyone has equal status then any new sytem will eventually slide towards corruption, thats inevitable. i think we are about togo beyond money, theres a change coming, follow you instinct.

[griswald]

Personally I think that there is a place for a lot of different " currencies" between now and the point when the SHTF stage. We are at the now stage, the sh has not hit the fan yet.

I am not an economist, but I,m not stupid either. Anyone that thinks the current paper currencies are in an excellent condition, are clearly going around with blinkers on.

You are correct, you cant eat gold or silver or any pm. But your are probably going to be able to purchase more with gold/silver at some stage prior to the doomsday stage.

I am a strong believer in being prepared on all fronts. Prior to this thread I also believed that food ect is the most important thing in the doomsday stage. But we have not reached that yet. And i think before we do , pm,s will have a role to play.
And I intend to have as many tools available to me to survive, and I think gold/silver are going to be part of that arsenal.

I,ve seen enough info on this thread to make myself take the time to do what research I can , to either give it more consideration or dismiss it.

Personally I,m glad good info is here, and I,m taking on board, and adding it to my survival scenario.

griswald

[icke_is_right]

Originally Posted by 368jrn

i still dont get it, what f`ing use is gold or silver? you cant eat it or drink, it wont keep you warm. if youve got any "money" put it in gold or silver, thats what they say, so when the shit hits the fan you can trade it, well good for you, "i`m all jack". the whole system of people having "money" in what ever form it takes, means there will be those who have more than others, just as it is now. will solve the problem? No. we cant all have money, otherswise who`s gonna do all the shitty jobs? wheres the motivation?

unless eveyone has equal status then any new sytem will eventually slide towards corruption, thats inevitable. i think we are about togo beyond money, theres a change coming, follow you instinct.

Well, I'm impressed at three things I've learned in this thread:

1. The amount of people who don't read the info in it.
2. The amount of people who state that you can't eat bullion.
3 The collective doom and gloom mindset that we appear to be going
toward the absolute mother of doomsday scenarios in non financial terms.

I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS

(For the hard of reading).

With a collective mindset that is set on taking us to the ultimate doomsday scenario, we will inevitably get there. People seem to be think that buying a few survival tools and food supplies is what's required. Well, I disagree. As David Icke says, it's more to do with mass non compliance.

OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE


At this rate, with this type of thinking, we are indeed going to face difficult times. With more people believing that we're stuffed and helpless that is what we'll be. AND THEY'VE WON! I WILL NEVER GIVE IN.

For those of you who can't read the thread, who want to believe in Armarggedeon. Just stick to longlife products, build a bunker, buy seeds and give your cash away. Good luck to you all, it'll all be better in the next life anyway. I think 5 year's worth of supplies is the recommended amount. I'd love to know how everyone's getting along with storage.

Peace, love and see you in the mountains.

Aleternatively, so some study and ensage their system crumbling, with your ever increasing empowerment and billions of us not complying to their rules.

[368jrn]

enjoy hoarding your bullion, but you`ll be bolloxed if they try and do this again!

http://www.the-privateer.com/1933-go...fiscation.html

[olas]

Originally Posted by icke_is_right

Well, I'm impressed at three things I've learned in this thread:

1. The amount of people who don't read the info in it.
2. The amount of people who state that you can't eat bullion.
3 The collective doom and gloom mindset that we appear to be going
toward the absolute mother of doomsday scenarios in non financial terms.

I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS
I DON'T THINK CASH IS VERY NUTRITIOUS

(For the hard of reading).

With a collective mindset that is set on taking us to the ultimate doomsday scenario, we will inevitably get there. People seem to be think that buying a few survival tools and food supplies is what's required. Well, I disagree. As David Icke says, it's more to do with mass non compliance.

OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE
OPTING OUT OF THE PAPER MONEY SYSTEM IS NON COMPLIANCE


At this rate, with this type of thinking, we are indeed going to face difficult times. With more people believing that we're stuffed and helpless that is what we'll be. AND THEY'VE WON! I WILL NEVER GIVE IN.

For those of you who can't read the thread, who want to believe in Armarggedeon. Just stick to longlife products, build a bunker, buy seeds and give your cash away. Good luck to you all, it'll all be better in the next life anyway. I think 5 year's worth of supplies is the recommended amount. I'd love to know how everyone's getting along with storage.

Peace, love and see you in the mountains.

Aleternatively, so some study and ensage their system crumbling, with your ever increasing empowerment and billions of us not complying to their rules.

Then, after all this hurricane has finished, how should i use gold, or silver, to pay my dinner?

Who can efectivly cash my profit?

I mean, i choose to follow your guess and i don´t look for others ways of trade, or live, etc...

What should i do with my gold and silver? To sell to whom?

Thanx for your time.

[kingmob]

Does anybody know whether I can still buy options on gold(go long)? What are my options to buy gold currently? Bullion available?