If one were to read ALL of that book, they would find out how utterly useless gold and silver are in a SHTF scenario. They could also read Anna Eisenmenger’s book too.
Gold and foreign currencies were banned (and confiscated) because the govt (and the bankers) wanted to force people to use the currency that they were printing and devaluing massively. That doesn't mean that gold was useless or that it lost value - on the contrary, gold's value was exactly why gov.com banned it.
Lots of similarities to today. We've seen capital controls at work before (Nixon in 1971) and it never helps.
What's the name of Eisenmenger's book?
Q: Are You Printing Money? Bernanke: Not Literally
@derryb said:
many ridiculous questions have now proven to be correct conspiracy theories. Never say never, it reveals narrow mindedness. LOL
Well, you have said perception is reality. So keep running with that. Lol
I have said perception is reality in financial markets. Best believe that or find a new hobby that won't cost you so much in tuition.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@jmski52 said: If one were to read ALL of that book, they would find out how utterly useless gold and silver are in a SHTF scenario. They could also read Anna Eisenmenger’s book too.
Gold and foreign currencies were banned (and confiscated) because the govt (and the bankers) wanted to force people to use the currency that they were printing and devaluing massively. That doesn't mean that gold was useless or that it lost value - on the contrary, gold's value was exactly why gov.com banned it.
Lots of similarities to today. We've seen capital controls at work before (Nixon in 1971) and it never helps.
What's the name of Eisenmenger's book?
That’s what will happen next time. No reason to own any gold. Silver would almost totally impractical as well.
The book is called Blockade. Just google her name and it will come up. I was able to read a pdf type for free on the internet a while back. I can’t find it now.
That’s what will happen next time. No reason to own any gold. Silver would almost totally impractical as well.
I'm assuming that you follow your own convictions and don't own any precious metals - them being impractical and all. I'm happy to take my chances with the precious metals over stocks, bonds, cash, cryptos or real estate. It's a judgement call, no doubt.
Q: Are You Printing Money? Bernanke: Not Literally
those with eggs in one basket can better keep an eye on those eggs. When the time comes it is much easier to put all the same eggs in another basket. Hedging is for those who hope to break even.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@derryb said:
many ridiculous questions have now proven to be correct conspiracy theories. Never say never, it reveals narrow mindedness. LOL
Well, you have said perception is reality. So keep running with that. Lol
I have said perception is reality in financial markets. Best believe that or find a new hobby that won't cost you so much in tuition.
Actually, this is what you said.....that perception is fact. Man, that stil cracks me up.
I do truly understand that what you perceive is fact. But many do not share your perception, and therefore do not share your "facts". Stop trying to contol what others should perceive.
Comments
Just how deep is that rabbit hole?
If one were to read ALL of that book, they would find out how utterly useless gold and silver are in a SHTF scenario. They could also read Anna Eisenmenger’s book too.
Gold and foreign currencies were banned (and confiscated) because the govt (and the bankers) wanted to force people to use the currency that they were printing and devaluing massively. That doesn't mean that gold was useless or that it lost value - on the contrary, gold's value was exactly why gov.com banned it.
Lots of similarities to today. We've seen capital controls at work before (Nixon in 1971) and it never helps.
What's the name of Eisenmenger's book?
I knew it would happen.
I have said perception is reality in financial markets. Best believe that or find a new hobby that won't cost you so much in tuition.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
That’s what will happen next time. No reason to own any gold. Silver would almost totally impractical as well.
The book is called Blockade. Just google her name and it will come up. I was able to read a pdf type for free on the internet a while back. I can’t find it now.
That’s what will happen next time. No reason to own any gold. Silver would almost totally impractical as well.
I'm assuming that you follow your own convictions and don't own any precious metals - them being impractical and all. I'm happy to take my chances with the precious metals over stocks, bonds, cash, cryptos or real estate. It's a judgement call, no doubt.
I knew it would happen.
Diversification is key, those that put all their eggs in one basket are jacked. RGDS!
The whole worlds off its rocker, buy Gold™.
those with eggs in one basket can better keep an eye on those eggs. When the time comes it is much easier to put all the same eggs in another basket. Hedging is for those who hope to break even.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Diversification is key, those that put all their eggs in one basket are jacked.
lol, I've done well with my diverified portfolio since 2006 - gold, silver, and platinum. No complaints here.
I knew it would happen.
Actually, this is what you said.....that perception is fact. Man, that stil cracks me up.
I do truly understand that what you perceive is fact. But many do not share your perception, and therefore do not share your "facts". Stop trying to contol what others should perceive.
Knowledge is the enemy of fear
You could of done MUCH better. Congrats!
The whole worlds off its rocker, buy Gold™.
You could of done MUCH better. Congrats!
Thanks, man - but I don't gamble unless it's purely for recreation!
I knew it would happen.