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From: visionvictory
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  • sup bro why u so fat?

  • At 01.08 ar you talking about medals awarded to soldiers ?

  • OOOOPS

    today is 2-7-2009

    that house my parents bought is still worth two million bucks but gold has lost $120 since 3 weeks ago making the house now cost 1,878 ounces of gold

    An extra 183 oz's of Gold

    who knows what will happen in the next 3 weeks

    I will report back in at that time win or loose

    Hope not too many of you people bought Gold back in December when it was $1,212 Today it is like $1,065

    OUCHEEEEEEEEEEEEEEEEeeeeee

    BTW I got dec,jan,feb rent since then

    current views 14,763

  • My parents bought a house in 1943 and paid $16,000 plus closing of about $1500

    Just taking the house at $16,000 Gold was about $20 then

    That is 16000/20 = 800 oz of gold

    Today in this puke real estate market the same house is worth over $2,000,000

    Gold is $1,180 today. So that would be 2,000,000/1180= 1695 oz of GOLD

    Further if they had not lived in it but rented it out they would have stocked away 67 years of rent (804 months of rent)

    Enough said about Gold and RE.

  • @anyname666 Your $2mil house rent for $804/mo? In my neighborhood it would rent for $6500~7500. I am in Bay area, California.

  • @kw0s

    Hey thanks for probably being the only person to read this

    but you missed something

    67 years = 804 months

    the house rented for 804 months not $804

    Wow $7000 rent for a 2 million dollar house is way cheap. !

    if you borrowed the money at only 6% you would have to pay $10,000 each month just in interest and another $2,000 each month in property tax

    The idea of the 804 months rent was that you got to collect the rent all those years while gold just sat in your safe -

  • @anyname666 Thanks for clear it up. It is months and not dollars. Yes, $7,000/mo rent for the $2mil rental house is poor investment. You can get more buying apartment, around $14,000/mo minus mortgage/property tax/insurance and repairs. Single Tenant around $12,300/mo NNN (triple net- no property tax/insurance/repairs) minus mortgage.

  • @kw0s

    DAMN! ! ! !

    Finally someone who GETS IT !

    Thanks for noticing

    Congratulations Kw0s you are probably the only one in 3 years of my making comments-- that gets the rental part of investing

    I have been doing it for 40 years and have NEVER found a single investment that could measure up to real estate.

    You get your building that inflates better than gold while at the same time you get a humungous dividend each month.

    If you pay attention to your initial purchase you are set.

  • if it's a world olympic >go for the gold ,hope for silver, get some bronze or your empty aluminum cans

  • WARNING TO ALL GAMBLERS

    Gold has lost $130 in 18 days humm? (if that keeps up at that same rate Gold will be ZERO in 152 days--- that`s how u guys figure isn`t it?? If it is up 10% in one month it should be up 100% in 10 months??? Well it is down $7.25 a day for 18 days)

    MAN oh MAN give me some of that really good old GOLD

    PLEASE Sir! MAY I have another!!

    Please Please oh Please! ! ! ! ! !

  • what did gold gain in 2009?

  • Pandora In answer to your question

    How much did gold gain in 2009

    Up $213 pretty good relative to the stock market and RE market

    2009 was definitely a winning year for gold no question about it & that is one of the reasons there is all the talk about it.

    Up almost 25% in one year. At that rate it will double its value in less than 3 years.

    The problem is that it will not sustain that growth

    It will for a while but not forever. It is currently riding the wave of a self fulfilled prophesy

  • 1920 House = 50 oz of GOLD

    2009 House = 200 oz of GOLD

  • FHA, Fannie, Freddie, subprime, and option arms. Oh, and don't forget low interest rates LOL

    Good luck with housing.

  • I bought a $20 gold piece for $425 in 1982

    I bought an 8 unit apartment for $58,000.

    The gold is today about $1125 & no dividends

    the apartment is down from a high of $900,000 in 2006 now only $560,000.

    In addition the Apartment now pays $6,000 per month dividends & has paid equivalent rent over the past 27 years (324 months) I get 1% per month based on the gross value of the building (it has paid in almost 2 million in today`s dollars) If u bought gold this month u gotta be pissed

  • @anyname666

    2015 house = 25 oz of gold

  • Nice. 1920 an ounce of gold got you a suit. 2009 an ounce of gold gets you a suit. Excellent illustration.

  • I dont get it .. What the point in owning a useless metal. It wont feed feed a family, or heat a house....? Isnt it just another bubble that'll eventually burst, like all the rest.....?

  • A farmer that makes food will always have to much of it. He has to sell the rest otherwise it will rotten. The only way he can get rid of it is through gold or silver. Cause there is not much gold in circulation so its value can be controled.

  • Printing money to pay debt simply means creating debt to pay a debt. Paper money used to be backed by gold meaning you were given paper to represent your gold - a lot easier to carry around. The fed removed the backing of gold in the 20s which allowed them to print money whever they felt like it. Doing this has dropped the value of the U.S. dollar to 5% of it's original value. What we use today as money isn't worth the paper it's printed on. The dollar will burst. Gold won't. Ever.

  • In 1993, I read about a guy who had gotten rich, veryt quickly, by buying internet stoc. Then in the late 90s -bang. So then I had people telling me - if you buy into the stock market commodities, you cant go wrong. It'll only go up. Then in 2002, I moved house, and kept the old one as an investment.Cos property only goes up. Then in about 2005/6 it was OIL . cos of the massive shortages. All these 'cant lose' investments eventually burst. Isnt this gold/siver hysteria, just more of the same.?

  • Where do valuable metals come from? The Earth. Are they infinite? No. Is their value stable? Yes. Can their value be measured forever? Of course.

    Why is gold/silver different? Internet isn't tangible. Stock market comms are tangible but based on consumption. Property is a perceived market. Oil is a fuel. Just like consumption you burn (destroy) oil in order to get use from it. Once it's gone there's no more. Unless we begin burning gold/silver (unlikely) then it'll remain a stable commodity.

  • I appreciate your advice. Im kind of an accidental investor, in that I bought into the property mkt when I moved house and kept the old one. And the govt here in Ireland encouraged people to buy into a special savings scheme, with financial incentives. So now I'm trying to look at ways to protect my gains and limit my losses, especially if this talk of an economic catastrophe happens.

  • My guess that the mining of gold will be dampened due to environmental restrictions in the future.

  • However. I think the depression predictions are just the worst case scenario . I think the transition from the dollar as world currency to some other currency will be relatively painless. Like how the cold war did NOT end in armaggedon,Or, how global warming could alter nth Atlantic currents and turn Ireland into a freezing, uninhabitable wasteland. UNLIKELY.

  • no you hear the truth from the people and that's how it started and how it will be, judge the person for your self, test them and see what fruits they bare, people need to be lead by something, hard to come across real information, keep the videos coming and let time fulfill its course

  • Man I cant belive that I listen to politicans and who think they can print magic money and I hear truth on the internet.

  • Thanks for great advice it has been helpful!

    Glad I stumbled across your vids!

    keep up the good work!

  • how much gold and silver does one need

  • Gold for $500 per ounce. Gold is at $950 right now and going up. I represent Gold Mine Owners doing Advance Gold Sales for a limited time only. Contact me if interested.

  • I have stored my wealth in three nice properties. Two of them bring me about 700 euros a month. I can use this money to buy a suit or gold coins while my houses ARE STILL THERE. A home will always be worth money because people will always need a place to live in. If I bought gold for this much money I would live in fear that someone may steal it orthe "value" may go down in such a way that I would not be able to buy a home or something else of value. The gold game is played now. Be careful!

  • Gold is only worth what one will trade you for it.

    It is surprising what it's worth to people, some people would rather have paper notes or e-credits, some gold instead. I've bought and sold things with gold over the years, no regrets- It's just another currency to me.

    It's all perceived value, but when the cards are down, would you rather have a pile of paper or gold?

    With the way things are going.. Gold may be over rated- a better investment may well be Brass and Lead?! ;o)

  • Think about this;

    If Gold goes up in value, due to inflation...you will end up in exactly the same place.

    But realistically you are going to be stuck holding on to Gold after it has gone up in price, (due to inflation)

    Then everyone will realize that Gold has no true value any more then fiat currency, and it will collapse.

  • The other issue; if there is severe inflation such as what happened in Wiemar Republic...there is nobody who has enouph wealth to buy the Gold. So the Gold has no real value because it can't be readily exchanged.

    Maybe you could go overseas and exchange it, but you are going to be dealing in foreign assets, which you can't really do as an american. (its very difficult to do with any degree of security)

  • The economic models that people are making comparing the great depression or the weimar republic are irrelevant in today's world.

    The true assets of value are energy related assets. (not energy stocks, but actual energy company ownership, commodities, and other energy related assets. Very hard to explain)

  • Gold goes up in price; the value of the dollar goes down...were does this leave you?

    Exactly the same place.

  • That is the point zurichdublin, gold preserves wealth, if everyone still holding paper dollars has been wiped out, and you just preserved your wealth in gold, then it worked just like it should have. I think there is suppression by the central banks to keep the gold price down so their funny money looks stronger so when gold corrects to where it belongs it may be like a beach ball that has been held underwater rocketing through the surface. Silver should do even better, it has tons of uses!

  • and what would happen if you kept your savings in paper currency, your purchasing power would get screwed. Go to zimbabwe and say gold isnt worth anything after their currency tanked.

    Go ahead and stay in that toilet paper currency. Inflation is robbing you everday. If you are looking at gold to make a profit, look elsewhere, its suppose to be for defending your purchasing power. Gold is for preserving your purchasing power, silver can actually make you profit since its highly underrated.

  • Okay, In that sense you are very right about Gold.

  • pretty soon OBama will spend the dollar completely worthless. THen people will burn their money for warmth in the winter.

  • Today, 1ounce of gold can by 3-4 suits... it's not tomorrow... its today!

  • Well 3-4 inexpensive suits!

  • 1971 Nixon ends the Gold Window $35/oz

    You just have to wonder what the "rest" of the world leaders allowing the US dollar to be world reserve and didn't come up with an agreed upon "World Reserve" currency.

    Fiat money is currency based on money, the "Fed Note" doesn't meet the definition of money.

  • I recall the decision to make the Dollar the reserve currency was made shortly before the end of WW2 when our currency was still backed by metal. Looks as if the world didn't know what to do when we went from the Silver Certificate to the Fed Reserve notes.Trust goes along way as it appears to be the only factor allowing Americans, as we speak,  to continue doing what they are doing?

  • 1 ounce of gold to buy a suit?

    You wear $900 suits?

    1 oz. of gold buys 3 suits.

  • JUST BOUGHT A 1/4 oz Great Britain Gold Sovereign TODAY! Woo Hoo! GOLD is KING, Dollar is crap!

  • If you buy gold - when can you sell it? Sure in a rising market it's cool but when it drops in 7 to 10 years - how will you sell it?

  • when do you know to sell stocks? same thing you watch and learn when the time is right

  • Wished I had sold my gold and bought the DOW at 6200. I am never that lucky or smart.

  • Don't feel bad the game is rigged!

  • It's just a bear rally

  • It really does not make a lot of sense telling people to buy gold when most of us are either unemployed or working so few hours we might as well be. If the economic collapse does occur and things fall apart like VV and manoftruth so often tell us, there will be a point when gold will have the same value as paper currency - none.

  • I agree with you for the most part. He is probably talking about people with 50 grand in the bank.

  • Which would certainly exclude the vast majority of Americans. The best we can do right now is make (grow, fish, or hunt it) our own food, barter, and take care of our neighbors. Once the stores and businesses close, what good will even gold be?

  • Not all businesses and stores will close. Look at daily life during the great depression. Talk to your elders about what their lives were like during that period. Remember, unemployment never reached more than 25%. 75% were employed throughout the whole ordeal. History repeats it's self! Tradable commodities are assets that can get you what you need and there will be providers, however

    some periods of time might necessitate emergency survival plans. Although, not long periods.

  • My grandparents were poor (which is a relative term since they had shelter, clothes and plenty of food, but very little money) rural Ohio farmers who got by just fine. Out of curiosity, how bad do you think it's going to get?

  • Rapid inflation to the point where working folks hurriedly spent their paycheck on Friday because they would lose a substantial amount of money if they waited until Monday! (Argentina around 1980) Lots of crime starting with wide spread looting (L.A. riots 1992) kidnapping (Today's Mexico) Random acts of evil as despair grips the population however, you might see folks come together helping each other. (Northridge earth quake 1994) I look at what has happened to guess what will happen.

  • Your first sentence is becoming true faster than most people realize. Gas just went up $.16 a gallon in one day where I live. Perhaps you are correct that not all business will close, but I still believe wholeheartedly that VV has very little comprehension of how difficult it is for the average person to buy gold or silver nowadays. He talks as if everyone has as much money as he does.

  • Yesterday also saw a sharp rise in coffee beans and sugar. Without knowing your situation,  I recommend you make small consistent silver purchases. 1 oz a week will turn into a nice safe reserve in a year. Consider sacrificing. Try thinking about what you don't need to buy today and use that money to purchase silver. My wife and I managed to buy our first house with these concepts! Good luck!

  • You make some solid points here, and thank you for the advice. Good luck to you and your wife as well.

  • Gold is not good investment right now it is to expensive.But it is better Gold on $1000 per ounce then $-s in cash!

  • it is not an investment, it is for preservation of wealth.

  • ...against inflation. (i.e. daylight robbery of your money.)

  • @dos286 It's an investment whether you like it or not. Go back to 2000-2007 and ask the same question to the proud home owners. It also was preservation of wealth. Do you not remember everyone chanting how a home is not the same as a stock. Well, you know what, they may have been right. It's much easier to sell stocks than it is to sell homes.

  • yay i like being upside down in the down turn

    lmao!

  • man i should buy some more gold. say i got bling bling:)

  • I agree with you, Vision, but you're incorrect about one thing - gold is heavily used in the electronics industry.

  • Hmm....?

  • gold silver ratio will be rectified and more. trhe short sellers are gonna get caught with their shrts down

  • Gold at five figures - in today's dollars - easily!!!

  • Vision. I totally agree. Gold and Silver is just about the only reliable store of wealth. I live in the UK, and i think we are in even worse shape than the US! So, i have made some preparation in my own way. I have a nice home, which I now own outright (mortgage paid), and have purchased 26 oz of Gold and 800 oz of Silver ( all held in physical metal). I usually have a pretty large store of food at home, but am now working on increasing that considerably. Thanks for all your thought and insight

  • You guys make me laugh sometimes !

    Only when VV or other tube truth soldiers will ask a simbolic fee it's seems that you guys will pay more attention !

    Since then try a little less writing..

    and a little more reading!

    4 that, start with:

    A History of Money - From Ancient Times to the Present Day by Glyn Davies

    It has ~ 800 pages, that's why it was great to read it yesterday, because today, you REALLY, REALLY NEED START THINKING ABOUT THE DOLLAR !

  • Comment removed

  • Thought this was kinda cool. This is for those who can't wrap their minds around how gold & silver retain their value, while paper dollars don't. Check out what the U.S. dollar was worth in the past compared to today. You might be surprised. Dates back to 1914.

    Inflation Calculator (by year)

    The Changing Value of a Dollar

    tinyurlDOTcom/5h38zj

  • VisionVictory!

    I LOVE YOU!

  • Telegraph:

    Russia backs return to Gold Standard to solve financial crisis:

    Russia has become the first major country to call for a partial restoration of the Gold Standard to uphold discipline in the world financial system.

    Arkady Dvorkevich, the Kremlin's chief economic adviser, said Russia would favour the inclusion of gold bullion in the basket-weighting of a new world currency based on Special Drawing Rights issued by the International Monetary Fund.

  • The coming commercial real estate CRASH.

    Though residential estate segment has witnessed massive defaults during the prolonged housing slump, the commercial estate has yet to witness an upheaval of that sort. According to the Real Estate Roundtable there is about $6.5 trillion of commercial real estate in the U.S. which is financed with $3.1 trillion of debt. Deutsche Bank estimates that commercial property of all types have declined by from 35% to 45% from their peak 2007 highs.

  • Auto failure could push jobless rate to 11.5%: Deutsche Bank

    A bankruptcy by an automaker would put an estimated one million people out of work, adding a percentage point to Deutsche Bank's estimates for the peak U.S. unemployment rate, currently at 10.5%, said Deutsche Bank Chief U.S. Economist Joseph LaVorgna Monday.

    The economic recession has left Detroit with an astounding 22 percent unemployment rate

  • I think the content in this video could be condensed into 3 minutes.

  • Reuters

    "Report says online crime surging in recession"

    "2009 is shaping up to be a very busy year in terms of cyber-crime," the report's author, John Kane, told reporters in a telephone briefing.

    Last year's losses compared with $239.1 million in 2007 and dwarfs the $18 million of losses of 2001.

    reuters . com / article / newsOne / idUSTRE52T6EL20090330

  • OBAMA NOW OFFERING CAR WARRANTIES VIA THE US GOVT!!!

    Today Obama, stated:

    "In fact, it will be safer than it's ever been. Because starting today, the United States government will stand behind your warrantee."

    I wish I could say this was a joke. It is CLOSE to April 1st but, alas, we are still a few days away... This can't end well....

  • Coultrane,

    I heard about the warranty thing on news radio this morning.

    Before that, there was a commercial to join a meeting on Bible prophecies and to bring a friend, not that there is anything wrong with that, but never heard a commercial like that on news radio.

    Then saw a brief one liner on CNN headline news Satuday, but haven't been able to follow up. Something about someone from AIG now going to be on Obama's team.

    Where can I go to learn new cuss words? Mine are getting old.

  • Exactly. Check this out:

    watch?v=Ri0fknapFSs

    People need to go after the BANKSTERS.  There is a long history of these people controlling economies, destroying lives, banking rolling wars-from both sides, and getting away with it all.

    When the Bushes, Clintons, and the rest of these PUKES-KISSINGER , CFR, BILDERBERGERS, are in jail for CRIMES against HUMANITY we'll know that justice is being served,

  • Excellent link for the video, Coultrane.

    People wonder why a few of us are so angry. Unfortunately, by the time they figure it out, they will be begging for food, or have lost all assets they have.

    We must not forget though, the President approval rating for dealing with the economy is 48%, compared to 8% last Sept/Oct. (sarcasm) Maybe some are comfortable with blinders on. Not me.

  • I agree,clueless,scary socialist!

  • You know I have typed in usernames for people on YT who have said something about rebellion,fighting back etc... and they are no longer show their names as you type. ie. George4title, endtimewatchman, stellaconcepts. However manoftruth does show, I have never heard him say anything about rebelling on any of his videos so he has not been red flagged. Daniel did with his bank resistance video. Perfect timing for something brewing. Does anyone else see this?

  • Excellent article on price manipulation in the gold and silver markets.

    Spread the word.

    w w w . gata . o r g/files/PIRATES-OF-THE-COMEX. p d f

  • China, Argentina to settle trade in yuan: Xinhua China and Argentina have agreed to set up a 70 billion yuan ($10.24 billion) currency swap system that will enable trade between the two nations to be settled in the Chinese currency, the state-run Xinhua News Agency reported Monday.

    The agreement, the largest ever between China and a Latin-American country, was signed Sunday in Columbia, Xinhua reported.

  • The agreement marks Argentina as the fifth nation to sign currency swap agreements with China following similar agreements with South Korea, Malaysia, Belarus and Indonesia. China ranks as Argentina's second-largest trade partner.

    Separately, China and Argentina are set to push for changes to the international financial system at the Group of 20 leader's summit in London this week, Xinhua reported.

  • Coul, a word of caution: The Chinese Communist Party has used mass amounts of misappropriated Foreign Direct Investment to conceal the Truth, in terms of Economic, Social and Political matters, especially in dealing with the Mainland itself.Xinhua newsagency is a demonic propaganda Communist Party mouthpiece that spews lies and slander. Please avoid this fabricated Communist media outlet.Xinhua is truly rotten and deliberately manipulative.

    The Epoch Times and New Tang Dynasty TV are Good.

  • The CCP has been using its mouthpiece media to deceive the public, so that people regard the CCP as China; actually, the CCP is the most evil regime in Chinese history. The political movements and persecution the CCP has launched have caused millions of Chinese people's unnatural deaths. This evil regime still keeps control over the media, still blockades the websites, and still deprives people of the right to speak, to know the truth and to vote. Please be careful when researching China.

  • Govt now backs up Bank Deposits and Car WARRANTIES!!! Does anyone see a trend here?

    At the same time, eager to reassure consumers, Obama announced the federal government would immediately begin backing the warrantees that new car buyers receive — a step designed to signal that it is safe to purchase U.S.-made autos and trucks despite the distress of the industry.

  • The Xinhua News Agency made skilled use of past experiences to concoct a " class enemy," to criticize and struggle against the innocent, shift conflicts and escape accountability; this can only help people see clearly the evil nature of the CCP mouthpiece.

    best wishes,

    mitch

  • I noticed typing in your username and others that it will no longer search as you type. What have you done , you have now been red flagged by YTPD, rrr rrrr pull your channel over to the shoulder or else.

  • Yeah, his tag visionvictory has disappeared. Hmmmm... Doesn't surprise me one bit, though.

  • The CCP is not China. Under national and international pressure, the CCP has no choice but to take action following the earthquake disaster, according to people's will, but it is absolutely not that the CCP has changed for the better. Its corruption and cruelty have not changed, and neither have its lies and deception. The only thing is that its lies and deceptions changed to be more skillfully packaged.

  • Any suggestions for non-US, high yield, energy stocks?

  • Good protection for your computers (antiviruses): "Avast", "Avira-Antivir"...(firewalls) : "Commodo", "Online Armor"...& "Spyware Blaster"... good "Free-protection" for your computers...Better than the high-priced software, u have to pay for!!!

  • if gold goes sky high-private ownership will probably be outlawed by governments around the world,

  • by law or statute ? besides, I don't think it will happen, so few people have any

  • Monday morning, go read Christopher Story at Global Analysis....new update today.

  • WASHINGTON (AP) Obama Denies Automakers more Bailout Money

    The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.

    President Barack Obama and his top advisers have determined that neither company is viable and that taxpayers will not spend untold billions more to keep the pair of automakers open forever.

  • Russia backs return to Gold Standard to solve financial crisis

    Russia has become the first major country to call for a partial restoration of the Gold Standard to uphold discipline in the world financial system

    Arkady Dvorkevich, the Kremlin's chief economic adviser, said Russia would favour the inclusion of gold bullion in the basket-weighting of a new world currency based on Special Drawing Rights issued by the International Monetary Fund.

  • Link for the Russia backs return to Gold Standard

    w w w .telegraph. c o . u k /finance/financetopics/g20-sum­mit/5072484/Russia-backs-retur­n-to-Gold-Standard-to-solve-fi­nancial-crisis. h tml

  • this is nothing new. None other than Alan Greenspan has advocated a gold standard more than once.

    Yawn

  • what do expect Russia to back. the dollar; the rembi?

    they are so fubar they know they will look like a clown to back the ruble so yeah why not gold..

    Ala Chavez backing anyone but the white devil..

    sorta silly stuff.

  • GhostNet: Massive China-Based Internet Spy Network Unearthed.

    Epoch Times Staff Mar 29

    Leveraging Social Means

    The researchers found that GhostNet spread by infecting computers with a trojan known as gh0st RAT that gave the attackers complete control over the infected system. They found that the Trojan was capable of taking full control of infected computers, including searching and downloading specific files, and covertly operating attached devices, including microphones and web cameras.

  • I simply posted an article. By the way, it looks like GM is going under finally.

  • Both Elliot wave and DOW theory technicals say this BEAR rally has topped out so please be very careful. If this rally continues it wil only be because of the US plunge protection team and some carefuly placed phone calls to brokerages who have received TARP money.

  • totally agree - i personally think that anytime past 3/31... because everything is doing window dressing for 401k statements.....

  • 7213 views.... 9:38 pm ..... People post time & view counts on all "economic collapse" related topics..... the truth will reveal itself... good luck & god bless.

  • The fruits of good skill can be stored as gold and silver. And the fact that there is a limited supply ENSURES that it will have and maintain value, no matter how much monopoly money is printed.

  • VV. I think your 'counter' for your site here is not working.

    For some reason i am not getting enough 'thumbs up' votes--what is more i seem to get negative votes.

    This proves--to me--- someone is messing with your site. No other explanation!!!

  • lol

  • it goes further than that. I was in the habit of typing vision v into the yt search box and the first 'suggestion' was always vision victory. But for the last couple of days when I type vision v it no longer appears in the list. Fishy.

  • I just noticed, even when you type in VisionVictory, nothing comes up. I used to type visionv, and several options would come up leading people to this channel.

  • Their 53-page report, titled Tracking GhostNet:Investigating a Cyber Espionage Network, documents their findings of a global online espionage network that relies on cleverly forged e-mails to infect target computers, control them,and then send reports back to control servers,most of which are based in China.

    This is what evil we are up are against. All in the name of exposing the Truth."Denying the Indifference to Evil, is as Important as Denying the Evil itself"--Elie Wiesel.

    peace bro

  • That is, they were charging 50 cents over spot and paying 5 cents over spot. I say WERE because I suppose they could change terms depending on availability and demand.

  • They were CHARGING $0.50 for a 1,000 ounce bar. They were PAYING $0.05 over spot to buy it back. Premiums are less on big bars, but they pay less as well.

    Gaithersburg Coin Exchange in Gaithersburg Maryland

  • For information purposes, I bought a 1,000 ounce silver bar for $.50 over spot from a coin exchange. They will buy it back for $.05 over spot. I suspect that many dealers will charge and pay premiums, particularly for coins or rounds, but the ones they charge are higher than the ones they pay.

  • Do you mind mentioning which Coin Exchange is offering .50 cents over spot to purchase. I've been shopping around. Thank you.

  • forget storing gold or silver..

    Store necessities: - food,water,clothes etc etc

    My things will be worth more then your gold if the time comes, or i'll have your all your gold from selling/bartering necessities....

    But, if the time never comes then buy gold! ; )

  • The treasury had to issue debt to pay our enormous bills. It could have offered a higher interest rate to compete with risk-adjusted private borrowing of the limited cash. However, the fed wanted to keep interest rates low to spur more borrowing and consumption and try to revive housing, instead of higher mortgage instead of savings, so printed money to buy it and drive DOWN rates. The fed essentially became massive demand of treasuries, driving down rates.

  • Watch out on Gold this week.. The Technical Analysis on gold right now shows this week will be very important.. if we start the week with a selloff on gold, I think you'd want to wait until we hit 700 to buy it back.. if we rally, Gold might break the top at 1000

  • My question relates to the government confiscating gold in the last 100 years. Can you remind us how that can happen ? what will happen to people who own gold ? history reminder

  • Fuck the govt.

  • All those who bought gold over the Net, credit card will be in a FBI file

  • Not if you can afford to buy from Tulving. But he has a 20 ounce minimum. He takes no credit info. and does NOT take credit cards. Bank wires preferred.

  • How can you say that the dollar will experience hyper inflation? Its obvious that we will experience inflation and a depression, but saying that there will be hyperinflation and a collapse in the dollar is out of proportion. I believe there could be global debt forgiveness in the future; or any number of outcomes. Gold will go up, and then will go down once it gets manipulated. Silver is ditto. Being prepared with food supplies is always prudent. Take care, everyone.

  • because the debt levels have reached the point where the system is unsustainable... collapse of all debt based currency systems is inevitable, it's mathematics of exponential interest

    see:

    tinyurl dott comm /cbc85u

    also see:

    tinyurl dott comm /cqo934

  • Yep, that about nails it.

  • NYSE out of 1kg gold bars?

    tinyurl dott commm /dnf7wk

  • Daniel I love what your doing but think about this,

    "for the world to store their wealth"

    1% have 40% of the money worldwide.

    I say get rid of it somehow altogether. I say lets help each other, I its us that run everything, yes we have bosses, but WE run this motherfukr!!

    Like "Fight Club" says, we are the people who protect you while you sleep. fuck is that fun to watch right now, the end.......which buildings were destroyed.....

  • Daniel,

    Won't the banks manipulate the price of gold down? Some gold bugs say that happens.

  • Daniel, the important question I have for you is this: how will goat cheese due against the price of silver? Should I buy a goat or equal value in precious metals?

    And then there are chickens....

  • averge person will not be able to contain their wealth in gold because the govt's and extreme wealthy have most of the gold reserves. better value in land, seeds, bullets, water and good shoes-clothes for survival

  • those people should buy some silver, along with the things you have listed

  • I thought the treasury auction was successful because the fed bought treasuries with newly printed dollars? Isn't that what "capping the yield" is, where the treasury issues securities and the fed buys them? Alternatively, the treasury would have had to increase the interest to attract dollars away from the private sector. When the fed buys treasuries, it's a ponzi scheme, and hardly justification for saying the auction didn't fail.

  • the auction didn't fail.

    --i was responding to a post earlier that claimed the US auction failed. Moreover their will be a couple trillion of debt sold this year all at low low yields.

  • there will be

  • IMO there is some backward thinking on what is going on with Treasury.

    Common sense suggests if you have a record level of items for sale--more than at anytime in the history of the world--a record supply----then you might need to lower your price to push it out the door.

    Well that is not happening. Despite trillion of debt for sale the 30 year bond is at an all time--ALL TIME--- low yield.

    think about that for a minute.

  • Why did the fed buy most of the notes then? Altruism?

  • Sold to who?

  • banks in the Bahamas ;)

  • Comment removed

  • I disagree with you on this one which is very rare .Gold will also fail along with the dollar.

  • 1) The US has not had a failed debt auction.

    2) Most traders I know don't think London's failure was a big deal---they were well oversubscribed on their other offerings-and overall treasuries finished up.

    The fact is people are lined up to buy US debt even with more debt being sold than any other time in history and even with the FED artificially capping the yield; monetizing the long end of the curve..

    Today--despite the talk--US debt is oversubscribed even with historically low yield

  • This is true, and given the Problems on the way in Europe/EURO, I think the case for the dollar and US treasuries will only get stronger.

  • I think it may be a good idea to buy copper as well.

  • I'm hoarding all my pre 82 pennies. Copper may see the biggest move out of all the metals.

  • all hard assets will do well, but copper can not be compared to gold or silver. I personally wouldn't invest any extra dollars in it, i would focus on silver or gold.

  • Geithner talking about expanding the use of the SDR of the BIS.

    watch?v=ds_qGXbxK-4

  • Best to make April 2 the deadline for preps due to G20. I'm going to load up on food and water before April 2.

  • I think gold is the next bubble. It is too late or near too late for buying gold. Investing 101, buy low sell high.

  • Do you even have one bit of evidence to make your case, or is this all just in the gut? If you understood economics or monetary policy, you would know that gold is not even close to a bubble, much less an investment.

  • cont

    I now own minerals, land and am now turning cash into stocks again. The economy will recover, unless things get so bad that I have to build my own car, clothes and grow my own food. Sorry, that is not gonna happen. I have been looking for housing to buy for rent or flip investment and that is getting attractive. Good luck buying gold, but you should have bought it a year and a half ago.

  • gweatherford. I thought the same thing when gold was $400 an ounce in 2004. Now, I regret not buying more AGEs at that price. Too bad we don't have a crystal ball.

  • "Austrians say the problem is too much paper. Keynesians say the government should spend more. Neither camp has a solid grasp on the effects of interest and both groups are in denial, when it comes to fully understanding debt."

    tinyurl dottt commm /cbc85u

  • A post about the "printing" of money

    tinyurl dottt commm /cqo934

  • 1998 was 4.5 workers for every retiree, I think its now 3.5 workers. This will be deflationary, as the workers cut back on spending on discresionaries because of higher taxes.And old people dont spend like consumers.

    Less money chasing goods.

  • deflation and inflation at the same time, different levels, different areas of the economy... either way it's all bad for us

  • deflation/inflation at the same time:

    watch?v=Re2fnIyIdQ0

  • Seems to me that with gold priced so high, any substitute would be preferred over the past God knows when. In contrast, silver has been cheap enough to use without the need to look for substitutes. Perhaps ACTUAL figures for consumption would be useful to see if silver has been used so much more than gold, that indeed it is more scarce.

  • I like bulliondirect. Not so bad delivery on my Indian Head Rounds, two weeks or so delivery.

  • darn you guys, I went to apmex to buy some silver and they are all out of the stuff I usually buy. Which one of you bought all the silver? :)

  • dang, even the Generic Silver is sold out. You guys really went to town on silver :)

  • By the way, Geither while in his early 20's worked for Kissinger associates. Yep, and is it any wonder he is now a cfr member as well as the Treasury Secretary?

  • I disagree with one thing. Gold is and has been used in industry for many years. Today one of the main things is PC boards in computers and electronics. Almost all the printed circuitry is made of gold. It is also used in high voltage applications in anything from assembly line machinery to nuclear silo's since it is called the best low- arc electrical conductor there is and is considered safest for certain applications. Don't know where you heard that it is not used for industry, thats wrong.

  • Its use in electronics is limited due to its value. Additionally it is well surpassed by the properties of carbon nanotubes and graphene which will replace all gold use in electronics soon due to its far lower cost and vastly superior conductive properties. At least that's my opinion.