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post #1 of 4 (permalink) Old 12-08-2011, 12:36 AM Thread Starter
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Sell Your House Cash Out Your

Insurance policies, sell your stocks, and buy gold.

Newsmax's Aftershock Survival Summit

If only those who knew what they were talking about replied, this thread would still be on page one.
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post #2 of 4 (permalink) Old 12-08-2011, 02:43 PM
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Re: Sell Your House Cash Out Your

Yes, you should sell everything you own and cash out for record high Gold prices.

The first moment that people don't have food or are unsafe, Gold will return to it's rightfull place as just a pretty metal w/ little redeeming qualities and little practical use and it would have no value.

If the anarchy that some claim is going to occur ever happens, you will be trading your entire life savings of Gold for a single can of Tuna fish, or a fishing hook, or a bullet, or antibiotics, a warm jacket, a lighter, or a tent, or countless other more useful things. Gold ONLY has value because we have so much real cash money to waste on completely useless crap.

Gold has NO intrinsic value only the value which a wealthy society places upon it. As soon as we are not wealthy anymore, it will become worthless to us. Gold is the modern Tulip bulb boom and it will all come crashing down eventually.

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post #3 of 4 (permalink) Old 12-08-2011, 04:44 PM Thread Starter
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Re: Sell Your House Cash Out Your

Then buy canned tuna and fish hooks. BTW, that link said Gold would eventually collapse.

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post #4 of 4 (permalink) Old 12-08-2011, 08:57 PM
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Re: Sell Your House Cash Out Your

Quote:
Originally Posted by Suns_PSD View Post
Yes, you should sell everything you own and cash out for record high Gold prices.

The first moment that people don't have food or are unsafe, Gold will return to it's rightfull place as just a pretty metal w/ little redeeming qualities and little practical use and it would have no value.

If the anarchy that some claim is going to occur ever happens, you will be trading your entire life savings of Gold for a single can of Tuna fish, or a fishing hook, or a bullet, or antibiotics, a warm jacket, a lighter, or a tent, or countless other more useful things. Gold ONLY has value because we have so much real cash money to waste on completely useless crap.

Gold has NO intrinsic value only the value which a wealthy society places upon it. As soon as we are not wealthy anymore, it will become worthless to us. Gold is the modern Tulip bulb boom and it will all come crashing down eventually.
Got to agree here......you can't eat it, drink it, or even burn it to keep from freezing to death...Let's pray, however, that things never reach that point.

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