Gold & Armageddon: What All Gold Investors MUST know (Pt. 2-A)

[666eljose]

a higher power

[buzzz121]

We all Bleed Red

[msquestionmark]

well the dollar is going to crash sooner or later right? it's just economics. if you print a lot money out of thin air, you will get hyperinflation. Isn't it inevitable? Whether someone likes it or not, it is going to happen. So we better prepare right?

[mixxyovilson3]

The message is this.

[mixxyovilson3]

Change your perspective and you will SEE

[mixxyovilson3]

You allready Know.

[mixxyovilson3]

Trust yourself.

[mixxyovilson3]

You will See it coming.

[mixxyovilson3]

Comman Knowledge.

[darthvader5300]

When I was assigned in Asia an old rich woman once told me that precious metals and jewelry and a big bank account is good but it is infinitely far better to have a producing farm wt an artesenal water well and a well stocked and equipped medical facility for they can keep you alive indefinitely. Precious metals and jewelry is good but only as long as there is someone producing and selling the essentials for life and survival. The lesson is to have the best of two worlds to back up each oother,

[darthvader5300]

During WW I and II many rich nobles and rich people were reduced to begging for food even if they are willing to pay them with precious metals and gem stones! Farmers are afraid to farm in the open and plant only enough to sustain them plus some surplus for emergencies and to barter to medicines, clothing, food, natural genetic seed varieties or traditional seed varieties, essential hardware, eyeglasses, emegency medical kits, a well stock and equipped medical facility, water drilling wells, etc

[darthvader5300]

The best way to protect one's wealth and prosper is to own and posses gold and silver and platinum and platinum group metals physically and take physical possession of them in your person. But they, all of them have limitations. You may have precious metals but if nobody is selling life's essentials (food, medicine, protective clothing, shoes, machine tool shops, etc) then you have face the ultimate crise w/c is "Survival" The ultimate ideology is "Survival". This is experienced in WW I and II.

[anthonymellado]

I do not want our dollar to collapse but I believe it would finally force us all to change our thinking. We are out of control, consuming more and more like a virus. We are spoiled beyond measure in this country and only a serious situation will make us change. We have been burning the candle at both ends for decades and it's time to pay the piper. I love my country and want her to change. So, whatever it takes, bring it! May God grant us repentance and a return to the heart of our father's.

[judutchinski]

i like this guy. he's speaking the truth. people want stuff to fail because they want to become richer and more powerful. I'm not your average joe six pack, but pretty much more or less Growby's analysis sums it up.

[sgwarrenb]

are you buying gold?

[Sindyr1974]

This from the guy who said he sold his gold..? Before you continue you need to explain your own actions that led you to make that choice. It seems like a glaring mistake on most every level at this time and seems to be admitted by yourself as you now have done a 180 degree turn around in opinion.

[Growby10]

yo. you're a moron. i want to make it clear that every comment, every video about the market and economic conditions is a but a snap shot in time of how i felt for that one fleeting moment. i do and have changed my point of view. If you think that I put up every time I do a trade or change one of my investment positions..again. thats just stupid thinking.

please stop being such a small mined little bitch.

[Sindyr1974]

Just man up and answer the question. I can see you getting all defensive like an idiot to avoid having to face any criticism.

It actually is important if you cause other people to change their opinion. Everyone's trades are a "snapshot in time". stop with the mindless general phrases that describe nothing and lead to nowhere. You made a crap choice and anyone who followed you was led into a crap choice. Screwing up yourself is one thing, but stop using the platform to lose other people's money.

[Mariarovtube]

dude- why are you on this guys balls? if you're going open you fat mouth..something of value rather than just spew your weak hate.

either grow a brain..or some balls. loser.

[Sindyr1974]

Pipe down junior, the men are talking facts. You're probably just an alt account anyway. You talk without any facts and use the same low standard of English.

[nameofthepen]

What do I think we have in common? Well, I guess it would be that, winners or losers, we're all stuck in a game we are absolutely helpless to leave.

Buddha called it "the wheel of life".

[ewffaces7]

Buddha was a fallen angel, a demon

[khjstephano]

This guy is confused with US great depression in 1929, Japan in 1990s with Zimbabwe, still do not understand what is deflation and inflation, debtor and creditor nation. Do not misread by this guy.

[khjstephano]

This guy is clueless what is going on behind scene in US and he believes whatever mainstream medias say, it's sad there are a lot of sheeple in our country.

[salsasucks]

we all have to live on this earth and cohabit, breathe the same air, etc., and we all have families, and we all have to die one day

[Nymphe14]

The elites have been using gold as their currency for millenniums. Fiat money is for the peons, always has been.

[jocknomore]

We all defecate

[daveashe]

I like this idea, lets all shit in a bag and use it as money

[ubuibme24]

Common Ground of all humanity::

mortality----regardless of how they think they are smart enough to outwit it....of this physical body

immortality-- after this life with consequences based on decisions and actions during life(regardless of personal beliefs about such an eternity)

[jfooj]

Everyone's shit stinks. Don't ever forget that.

[bufforilla]

Yeah, But the rich elite have the power to wipe their ass with you LOL.

[nextdimensions]

we are all human, the elite are just as susceptible to fear, shame and greed as we are... but they do not have a right to act on their core belief that they are better than us (based on genetics, wealth or otherwise) and impose their control on the planet any more, it will end only if the people stand up and say No to them, i see this happening and i see this as what 2012 is really all about, ... forget the fear...

[Growby10]

Aaaah Ha!!!

[Hendo1974]

Energy as in wealth is not destroyed just transfered, the smart money is on silver and gold,not ETF's!NWO is trying to bring down the dollar slowly, not really in total control,although control is just an illusion, CHINA HAS ALREADY PUT A NEW FLOOR ON GOLD AND SILVER, STATE TV IN CHINA IS ADVITISING IT ON DAILY TV FOR THEIR MASSES!Hell-bent on NOT Losing Face, important in Most Asian Cultures especially the Chinese and Japs!

[kswatcher]

The purchasing power of gold does not really change.  When it rises, it simply means that currency values are falling. I suppose that in a collapse there would be advantages to being in the minority of people that have gold assets, but you are right, it will be hell. Initially, things like food could be more important. What did you think of jbernie's video this morning?

[Growby10]

thank you for your comment. I think jbernies analysis and style is wonderful.

i will be touching on some of his points as well. thanks again for your voice and support!

[Mithan415]

The one thing we have in common with the rich is an ongoing need for basic resources - food, water, clean air, energy - all of which may soon not be available for any price.

[32937isready]

My family will be fine. We have been ready for years. We have lots of food ,water ,gold,silver, guns, ammo, stock investments,cash and a safe and happy place to live.

[Eraser7622]

Glad you're prepared, but the problem is that you don't know what you're exactly prepared FOR. Just saying, don't be too confident that whatever you've done to prepare is going to address every dire circumstance you're likely soon to face along with the rest of us. You're clearly in a small minority of folks who have both the means and the motivation to get so well prepared.. well done.

[Growby10]

great and insightful response. thank you!

[jimbobubbadj]

eraser, what do you suggest that people should do to prepare or other than prepare?

[Eraser7622]

It is completely dependent on where you live and what your situation is. My point last month on this comment was that nobody can say for certain that what they've done is the right thing to do. General rule of thumb, take care of having a reliable and protected water source with a Berkey filter, plenty of heritage seeds for as many veggies as you need, some stored food and a defense system (some prefer guns, others prefer ways to be undetected, etc). if u do the above, you're ahead of 97%.

[catdog262]

China keeps all the gold they make now where as before they used to sell some of it.

[mlndstream]

The whole idea of investing is that the investor wins at the expense of the loser, the greater the losers, the greater the winnings. The problem is that most people lose most of the time as they invest with a herding mentality, buying when everyone else is, selling when everyone else does, while the few figure this out, and just invest in the opposite direction, which is a lonely way to invest, but knowing its only a matter of time before the herd turns to buy what you already hold

[catdog262]

You could have not said it any better.

[Growby10]

Well said my friend!

[jimbobubbadj]

mindstream, one should not look at gold and silver as commodities but truly for what they are, they are MONEY!

[mlndstream]

You are of course right that precious metals are money,also,fiat currencies are not money, they are just currencies,a means of exchange, but not actually an exchange of items of equivalent value,where precious metals have throughout history been the ideal money as they are both suitable for use as currency as well as being the most highly marketable commodity that can be exchanged for other less liquid goods of equivalent value.Even sugar and salt were money a few decades ago in the Hindu Kush

[mlndstream]

One of my concerns is that money,and currencies are still tradeable items that are still exposed to supply and demand.People believe they are not speculating by holding'cash'assets(which is an asset class that I believe precious metals fall into as well as currencies of course)but they are actually speculating by choosing to hold pm's or currencies as they believe they will either maintain or increase in purchasing power relative to other goods/services,but this isn't necessarily guaranteed

[jimbobubbadj]

mindstream, you may be right about pm purchasing power. I am going by history that all fiat currencies fail. Sugar and Salt will probably become currencies in their own right again. I know they will keep forever as long as they are stored correctly. In Zimbabwe, gold is being used more after the currency there collapsed. People trade grains or grams of gold for bread.

[derrobb]

I'll divest from P.C's when I see debt rescinding in the general economy, when prices (all commodities and goods) climb to levels that are unsustainable. The move to higher taxes will put further pressure on input costs. Prices haven't moved that much-they will! Thumbs up to this video - everone needs an exit strategy-that includes all investments and currencies for that matter-deflation leads to inflation-inevitably deflation-get out before that happens-about a year from now-beware volatility.

[Growby10]

great points! thank you!

[finster37]

no one wants the dollar to crash that will change life as we know it so your wrong again on that but what we want and what we get are two different things all we can do is to try and protect ourselves I dont know where you get this stuff from.Gold is capital on strike when we can trust the markets again from all the corrupt paper assets then we can sell our gold and go into the markets but that isnt going to be anytime soon

[Growby10]

'Capital on strike"....i love it! thanks for you comment!

[CelticReject]

You're right they are nothing like us. They might as well be aliens on this planet. I recall reading somewhere a little while ago, that when Princess Margaret was alive (queens sister). She was being driven through a town, and passed by a row or terraced houses. In shock, she exclaimed..

'Do people actually live in those boxes'!

[Growby10]

Oh my! Great little story my friend!

[yogiudo]

may want to reduce your volume a bit.

[Bonkero1]

This will happen both the rich and the poor:

As he came forth of his mother's womb, naked shall he return to go as he came, and shall take nothing of his labour, which he may carry away in his hand.

Ecclesiastes 5:14

[ccharlie100]

Oh lets not complicate this.

Little folk just want to work hard and save for a future, be it to pass on a better future to their kids or just have a peaceful retirement. Thats as hard as it gets unless your a Rothschild.

But. Where can you store your laboured effort?

Almost no one now has any property rights and Ferraris rust so that leaves something that doesn't rust and can be hidden and moved and transferred easily.

Gold is a useless thing.

But folk want it and will pay for it

[Growby10]

once again. thank your for adding your voice!

[bookbinder66]

thks for the post harry

[bullmarketseeker]

we have in common with the wealthy the abiltiy to learn and make the same investments at a smaller scale.