Gold & Armageddon: What All Gold Investors MUST know (Pt. 3-A)

[dachoukdre]

Spit it out already!!!!!!!!!!!!!!!!! I have know idea were ur going with this

[Dryade2be]

WATCH ZEITGEIST MOVING FORWARD

/watch?v=4Z9WVZddH9w&feature=f­eedwll

YOU WANT IT BUT JUST DONT KNOW IT YET

[JesusChrist5000]

Gold is not going up in value, because it's the same value that it always was. It's fiat currency that is going DOWN.

[kensho3]

gold is nowhere NEAR a fad. it seems that way cuz everyone who responds to your vids is into gold. For all intents, NOBODY knows about gold yet!

[mixxyovilson3]

Thats why it Matters.

[MrGreatLakesBuffalo]

I live by the 10% rule. Just sold a car for about $3k. To buy $300 worth of silver...not for myself...but for my kid. It gets locked into the safe. So.... in my old age I won't buy a fucking RV like my fucking parents. I'll keep stocking metals for the next generation. So she'll be able to get into a house clean. With no house payment...her duty is to start a silver and gold collection for her kids and so the cycle goes. FUCK RV BOOMERS! Generational traitors! Cancer to them!

[gurusgrafx]

yeah housing compared to physical money that has been used for thousands of years..... um do I really need to say more? Its totally different. You can use a house as a house. You can use silver in many different applications, medical, industrial, and not to forget its wonderful werewolf expelling properties. I mean come on guy.. you have to compare its uses to its value. when you do you see the whole picture.

[donniebrasco24]

when gold hits 2500/oz and silver hits 150/oz we will be in a bubble, unless there is hyperinflation, in that case 10k gold and 500 silver is a very big possibility

[binky4647]

Real estate was the obvious investment as you say where many were sure that it would rise in value.The quality of construction was,nt concidered only price and possible gain.If you made money great.You cant carry your house around and are stuck there like it or not,until sold.

You also cant sell part of it.After all a house is only a place to keep the rain off you.Gold silver you can sell immediately if needed and I think a better investment.Hopefully to buy a home outright with no debt.

[jacofall7]

Gold is not in a bubble.....hardly anyone owns it. Most thinks its nutty and all the gold mined in the entire world history amounts to 1 oz per person. When everyone is talking about Gold and how money they have in Gold then i might get worried. When 1 oz of Gold will equal the Dow avg. or close to it......then it will be the top......but bubbles and mania's always overshoot.

[crazy650c]

This guy is full of crap. Buy gold now...NOW...buy Silver now....NOW. Silver is better than Gold if you have to use it to buy and sell. Gold is better if you have a very large amount of dollars to get rid of. Land is difficult to convert into cash and useless for groceries, fuel, etc.. When you have converted your $ to gold and silver make sure you have a food supply stored up. (1 yr. at least). Don't rate this video or even make any more comments. It's a lot of talk with no substance.

[zernestro]

@crazy650c you're a $%&&. sorry but, land is useless for groceries? yeah if you eat dick

[crazy650c]

@zernestro .....  hey look, another 9 yr. old playing with nasty words so he can feel like a big person.

[zernestro]

@crazy650c yeah, whatever. i don't hear any arguments from your side, i guess you never noticed (it to be constructive).. but i do apologise for supposedly making you take this personal. it's not about you, it's about the topic.

[pablo11911]

this guy is full of it and really doesnt understand,,,, please dont get sucked in what he thinks he has to say, To**er

[smasila]

Gold is based on inflation. Its not a bubble like the housing bubble.

As well, many people are starting to come out saying that they knew the housing bubble. Yeh righteverybody except for Peter Schiff were into real estate. So this vids are total BS.

[itneverrains4me]

if you invest heavily in what YOU need,then later you can invest in what you want

,if what you want (investments)crashes,then you still have what you need (investments), and that is the most important investment advice of all.

No, i am not a proffessional adviser, just an old man with (edible) eggs in different baskets.mike

[sgwarrenb]

housing is local market... gold is global market... u hv to see ppls ard d world rushing to buy gold to signal top of the bubble... right now, even in d usa, not many ppls are buying gold.. they are selling gold... in china, i asked my friends in beijing, they told me they hear abt gov askg them to buy gold but many are not taking it seriously...

[BankofSpirit]

whats gold worth when cost to produce drops sharply? Know this, there are no golden fools only fools gold & fools after gold. Firstly, fiat-$ isn't being debased, its becoming what it is, worth less each day until its worthless. Plant a nugget won't grow a mine, plant an apple seed, you'll get an orchard. Sheep are fools, soon get sheared, sacrifice to & worship what lies still, still it lies, idle or as an idol. To the sheep on ewe-Tube, tell us, how shiny is your gold calf? peace/excellent vid

[Sindyr1974]

You can't dry up out gold shower, you sold your gold. Admit the mistake already. I'm not a hater but you are the one who sounds a little bitter about your choice, not the "gold bugs".

[ecospirit99]

gold is a bubble but levels or range is going to be higher now. Hard to buy it now have to wait for a pullback. I bought gold at 350 to have it go to 250 and had to get out now I am unwilling to chase it.

Maybe the real buble is stocks. Seems wierd they keep floating higher. The only way to prosper is to ride a trend from early on so whats next? Waiting to see.

[FuckinGuitarHero]

Who cares what the gold bugs say! The name of the game is to: buy low, and sell high.

And DON'T LOSE MONEY!

[opzoutenAUBnugraag]

yes it was the same here.

I had to draw numbers because there were hugh amount of people who wanted to buy new houses (something like 10 years ago). Now that is not the case (understatement). One can chose to live on number 20, or 22, or 24 in the street. Pick your choise.

[NeoConfucionist]

I think the majority agree that gold is still not in a bubble, so it is still a good investment. But it's also true that it isn't the only good investment aviable. Wha should be avoided are the sheeple investment vehicles like: 401ks, mutual founds, bonds, and diversified stocks.

[tantrumzthedon]

what other good investments wud u presume are good investments that are not ina bubble ?

[RikaKazak]

I appreciate you speaking your feelings/mind and not being afraid to go against "the gold bugs." I agree with you that gold will bubble...and I agree that we still have room to run.

Only part I disagree with is your negative attitude towards the future. I believe *I AM* in control of my own future and if I invest wisely me and my family can win.

[Moonbogg]

Gold is different from RE becuase RE is financed and gold is not. I think that makes all the difference, but that doesn't mean gold can't burst like RE did. It would just be for different reasons.  Anyway, I don't think its a good idea to ever put all your eggs in one basket anyway, not even a golden one.

[pronchie1]

At this stage of the game gold and silver are at the beginning of their bubble the masses still haven't caught on yet in fact because they are strapped for cash they are selling their gold and silver jewelry to get cash. You are right though its just a matter of timing and identifying the next investment.

[davfritz]

It is certainly obvious to me that many of the strong advocates of gold and silver investment (on youtube) have huge investments in it, and are talking up the value and/or selling it!

[nameofthepen]

This makes sense. I know people who are stuck with houses they cannot sell are truly screwed. They cannot get at their cash, they cannot move somewhere else without abandoning the house, etc.

And I have wondered what would happen if the internet went down, and there was no info regarding the current "value" of PMs.

Barter? How many guys with 5 acres, and a flock of chickens have a clue how many eggs a silver round is worth?

No, you are right. It's a problem.

[jonald77]

the dollar is a bubble!!!

[khjstephano]

I am speechless about this guy, I am sure this guy will get hurt due to his nonsense. even his family will suffer due to his mind. because I am having same experiences like Argentina in USA.

[nameofthepen]

khjstephano - Is this what you are talking about?

"Argentina's Economic Collapse, Part 1 of 12"

watch?v=rH6_i8zuffs

If yes, I don't see what connection you see between what this man is saying, and the horrid economic murder of Argentina?

[joel1923]

I'm always interested to hear your opinion, Harry. Happy to see the debate on this thread. Everyone is entitled to their opinion. You can't please everyone...

[BeenInACaveWayToLong]

If (or when) the USD turns to dust, most investors will lose ... not just 2 out of 3. And, those holding physical gold will be big winners.

Gold IS different than real estate. Why? Because Gold is money. When the fiat money goes poof, gold will still be there. Doesn't matter how many USD the gold cost ... only that you have the gold.

If you believe that gold is in a bubble ... you must believe the manipulators can still save the USD.

[khjstephano]

Growby10-You do not understand why US goverment wants inflation devaluating US dollar, we want to get rid of our debts and we want a new world currency, Who is most beneficiery? US bankers but you and me. Is it really hard to understand it? isn't it? We will not end like Zimbabwe but likely Argentina. Do not trust your goverments, they do not care about you if you are unemployed or you starving which many americans are suffering now. You do not have any ideas.

[Growby10]

you have an uncanny ability to state the obvious.

so i must agree w/ you...only someone w/ a brain as advanced as yours can understand the world situation and show us just how SIMPLE it really is. you are SPECIAL. very SPECIAL indeed.

[davincij15]

We are a decade away everyone I know tells me that gold is or priced everyone is buying it.

Then I ask, name someone else other than me who has purchased gold?

NONE no one mentioned a god dam name!

[Growby10]

you maybe right! But please watch part 4 (to be uploaded in next few days) and you"ll see why your word will prove one of my main points

thanks for you input bro!

[joel1923]

Some people argue private gold ownership could be outlawed. I hear stories about large gold deposits that are left unmined because of pollution fears. that if allowed to mine unrestricted, gold prices would drop because of the volume of new gold on the market. I don't know what to think anymore...I'm buying more gold on monday...

[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.

[Growby10]

lay some knowledge down bro.

[681observer]

ya, my friends and family though i was crazy as well.I bet there opinions will change when were the only ones eating on a regular bases,and have to support them as well.

[Growby10]

tell me about it..several of my friends and family came to me for loans after they houses crashed.

[nitdiver5]

Gold and Silver is probably in their 1999 real estate stage. People are starting to wake up and see it move, but the real push for them is still coming up.

Precious metals are different than real estate in that their liquidation potential is different. Precious metals can be shipped overseas where markets are still functioning. Precious metals can be divided. You cant sell off a few roof tiles if you need a gallon of gas.

We do now that in the Tribulation they get thrown into the street!

[foolcow1976]

Where is the information that gold all gold investors should know? This seems to be an incoherent ramble, mostly about real estate.

[Growby10]

give me a break and stop bitching...listen... and u might learn something.

[foolcow1976]

Oh, I am listening, believe me. I listened to 4 of these so far, and still can't figure out what your point is.

[Djelomou]

Yeah same here...seems like Harry believes in Gold but is advising to be careful.

He is right but still buying gold is the thing to do now...you can still find it, most (95%) of the people I talk to don;t want to buy gold and don;t have a clue about it.

[HighlyDelusional]

anyone who gets defensive/emotional about an investment is in danger of making poor decisions.

a bubble can form in any asset, regardless of its intrinsic value.

also agree that by the time most investors are on board with the 'sure thing', smart money is on the exit.

[Growby10]

very true! great comments!

[Goldsovereignuk]

I can't quite figure out how you connect the bubble in housing with the Gold and Silver market,there isn't a bubble in G&S.

Your argument would be valid if we were in a bubble,but really how many people do you know that invest in PM's?

99% of the people i know wouldn't have a clue about PM's,yet every muppet and his mother where involved,or tried to get involved in the great housing scam.

[Growby10]

We are at all time record (nominal) highs in gold and silver and you're asking me why i'm talking about bubbles?!?!?! come on bro!

[davincij15]

CNBC and the rest of the TV jokers are saying gold is in a bubble. None of the said that about houses in 2005, not one. When oil was at $100 all the jokers where saying to short it. When oil was at $130 the same fucked up jokers said it's time to buy oil.

Dude, when its time for a correction (and one will come) you will know because the TV is parting over the price of gold, want everyone to join the party.

[BeenInACaveWayToLong]

The last thing the manipulators want is for the masses to buy gold. This is why they spread the "gold bubble" propaganda throughout the mass media. You just can't believe the mass media anymore. Look behind their message to identify their hidden agenda.

[taineasy]

Just about everyone got in on the real estate boom, on borrowed money to boot. At the end people had bought a first home they could barely afford and upgraded to mansions they should have never even looked at. As far as gold is concerned I would guess that less than 5% of the population owns gold. Other than on youtube channels I have heard no one even talk about it. If you bring up the subject of gold with most people they just roll their eyes as if to say only a nut would buy it.

[catdog262]

Good to hear from you again Harry.

[bookbinder66]

THANKS FOR THE POST HARRY

[HighlyDelusional]

you have an uncanny knack for sifting through the conflicting data and unearthing reasonable probabilities.

definitely have opened my eyes on several issues.

thanks again for taking the time to share your insight/research and facilitating good discussion.

[Growby10]

thank you for comments and for adding to the discussion!

please stay tuned b/c the MAIN part of this series is still to come. that will be the real kicker!

[BiohazardDarknoob]

gold isn't in it's bubble stage yet, as a matter of fact it a isn't really discovered yet as an investment 1 out of 50 people know that you can invest in gold 1 out of 100 know you can invest in silver and because of the widly aplications of silver i put a my money in silver. :)

[Growby10]

i also believe that PM's can go a LOT higher. the problem is getting OUT. the masses are notorious for riding bubbles up...the all the way down, no?

[kbdory]

real estate was pump up artificially, gold is suppressed--- this you have to know, dont you? Gold is correcting to its true value, just like the housing market. But since gold is suppressed, it is correcting up, where as housing, it is correcting going down, because it was propped up. Once gold has corrected, then it still go higher, then we will be looking at a bubble, but we are not ever half way to its true correction yet, so we have a lot of room before a bubble could start to form.

[Growby10]

b/c we all know this little 'secret' that gold price has been suppress..so what. how long has has gold price been manipulated?

how are they able to do that for so long?

We have no idea how powerful they are or how deep the manipulators runs...but what they done for so long can continue to go on for MUCH longer that you or I can imagine. Unless you know different...how can you claim they won't be able to influence the market in the future?

[joel1923]

I suppose the powers that be could manipulate gold prices for a longer-if they wanted to. They could also take it -seize it.

[kbdory]

Well, I didn't claim they will not do it in the future, and I am pretty sure they will do it again, as in the history of gold. It has corrected a few times in the past only to be suppressed again. So IMO, I think it will be suppressed again, but only after a correction, or pretty close to a correction occur. I agree with most of what you are saying, just not the timing, and just not that we are in a bubble.

[konshoff]

gold value is based on two indicators 1st supply & demand, 2nd emotions. it's basically a commodity just like f.i. oil but the major difference is that the gold is not used as a resource and destroyed. gold is not money!!! gold is a commodity just like any other - at given time exchangeable for money. 54% of silver is being used commercially by various industries. today's price is based on "safe haven speculation". when the big guys decide it's time to cash little guy will fall short. good luck

[stellaconcepts]

at least 2 out of 3 people are going to lose big money?

Growby10, I think you overestimate the size of your channel. Very very few people are investing in gold and silver - MAYBE 1 in 100. Most people are going to lose big money because they still "invest" in USD.

Gold is far from a bubble. When your and my channels become #1 channels on YT - then you know bubble mania has hit.

[Growby10]

Yo Stella!

How many people lose in investing...in the long run? 70, 80?..85%? I'm being conservative w/ 2 of 3, don't you think?

regarding your saying maybe there can't be a bubble b/c only a tiny % invest in PM..is flat out wrong and I'll address it my next video.

at least you know that so few people invest in PM's..that an important fact that i'm gong to use to show where the flaw is in MOST peoples thinking in [physical] gold investing.

thanks for your continued insightful comments!

[bluecat1122]

Growby10, why do you believe it is a bubble? Because of the charts? Are you considering everything that's going on? Do you believe the banks are bankrupt? Do you not agree the massive printing is going to catch up with us? What's your opinion on the situation with the FHA and FDIC? What about the housing market and all the foreclosures still not on the market (purposely held off by banks)? China encouraging citizens to buy, etc. How can all of these things be a bubble? please explain

[urfastpaydaily]

I am confused on how gold could be a bubble. As the price continues to rise and the value of the dollar continues to decline, the masses may NOT have the purchasing power to BEGIN investing in gold.

Cash for clunkers and the $8000 house credit for suckers is where the lions mouth is open.

The majority MAY be too in debt or jobless to invest in gold.

Is their enough physical gold to purchase like stocks or real estate, to even cause a bubble?

I know their is enough fake Gold fiat EFT's

[JTPNYC95]

Well said.

[ShillBasher]

People are so preciouse about this subject. Personaly I think you make some very very good points.

[limitedplay]

cants say either way, nobody knows how deep the "rabbit hole" goes. Sure, India bought a few thousand tons of gold, with the central banks these days one cant be sure if or if not this is another tool by these thugs to attempt to dry up liquidity without going to their buddies.

I dont trust this rally as much as I did the real estate rally, I think we are totally screwed basically.

[SlyToocan]

Harry

Have listened to your vids for some time and have rated you at 5* many, many times...

However, this was a dissapointing random waffle, sorry to say. You spend lots of time justifyling a lack of made points, Could just be me! anyway take care and keep streaming...

[frenchy137]

You make some decent arguments but listen how can you compare physical gold and real estate?

People are buying house with 0 cash down still at very low rate yet the market is struggleling...

People who buy physical gold pay cash.

Im not saying i would buy gold at 1150, i hate buying an asset that just gained a lot of value. If i had to buy a PM now, it would be silver.

I wouldnt be surprise if gold/silver dropped quite a bit when the double dip recession happen or it might not happen.

[bluecat1122]

Growby10, I respect your opinion but disagree 100%. You are assuming we are in "normal times" and we are not.  We are in a complete financial breakdown that has only been held up by government manipulation and fraud. Banks are bankrupt which will be evident next year once mark-to-market rules are back in place, central banks are diversifying out of the dollar, we are printing up historic amounts of money, etc. Gold may be due for a small pullback, but selling physical is a big mistake.

[Growby10]

thank you for you insightful comments. i will address some of your points in my next video!

[frenchy137]

BTW housing prices will go down more. There not done sliding yet :|

[frenchy137]

Do you protect yourself when you invest in a house? a car?

No you dont cause there real things and there value will never drop to 0!

Gold is just like a house, its an asset ppl buy.

[gavazzfromoz]

All this is not about money this is about a spirtuarl walk we must take.

on a sunday night. 9-09 I prayed to the creator to guide me and to give me a dream. The next moring i had no dream. When i got to work a coworker saw me and said what the hell am i dreaming about you for. He explain the dream to me. 2 days before i was almost in a car accident and i said to my wife god is with us. In the cowokers dream he saw the accident.

THIS IS MAY Valadation.

SOMTHING IS COMMING WHAT I DONT KNOW.

[SilverRose09]

Growby,

So what is what you are trying to tell us? What we should do in order to no lose anymore. What are the lions planning to do?

Isn't Gold the opposite of what the lion is telling us? Banks hate gold...I don't undestand what is the direction to take, and I will appreciate your point of view on that.

[MrZ421]

In my eyes this video just tries to tell that you can't grow money like, let's say vegetables.

You can't really go and invest into some sort of thing, without putting your whole work into it to earn something.

At the end of the day always the guys wo really work for getting benefit out of investing into something will win.

As a worker with spare time to inform about investments you'd be better off to play lottery, the chances to win money there are quite as high in making money on investments.

[Growby10]

great points! thanks for contributing to this important discussion!

[MrZ421]

I think it's quite easy to understand:

Nothing grows out of thin air.

If you don't understand what you do, you'll most probalby fail.

Sometimes people have luck. But in general they don't have.

Same like playing lottery, but with one difference:

Hard work in sense of trying to put information together, get information and so on, can give you the understanding of what will happen.

You can't ever say which number will appear in lottery the next time.

[shouldlistentoronpau]

If I may recommend Marc Faber, Ron Paul, Peter Schiff videos (you will know what to do).

[MrZ421]

Come on...

Why should you trust those guys more than any of those who predicted a rebound in the stock market this spring?

Let's say you've invested 65k $ in march into the DOW, you'd now be off with 104k $. If you have bought for 65k (73oz @ 900$) gold in march you'd now be off with 85k. But if you had invested into the DOW you could get right now 118oz of gold @ 1180$.

So, please tell me once again why you should trust those mentioned guys more than the stock market rebound callers?

[MrZ421]

I really don't like the "following" mentality which is around since youtube, twitter, and stuff like that. More and more people tend to disable their own brain and just follow someone which they consider trustworth.

But wouldn't it be good to use your own brain?

The whole FIAT stuff is just based on trust. And you base maybe your decisions on trust to someone else, but what if it fails?

[shouldlistentoronpau]

Because they were the only ones who were saying we are going to get a major recession when all the other economists were laughing at them and telling everyone to buy real estate. Best of luck to you in your investing.

[MrZ421]

I'm not investing... I think it's better to invest a few $ into lottery.

I don't invest, because I know the danger and I love hard assets which I do need.

[shawnaspen25]

Gold is about to fall in the short term but will be around 3,000 to 5,000 by 2012. May fall around 800 or 900 I think.

[shouldlistentoronpau]

You should look into the Beijing put.

[shawnaspen25]

What website?

[PeakedEarth]

right now the masses are having their gold stolen by commercials thinking this is the top... then this gold is going to China. I do not think we are at the top, one day we will be, but not yet. Until then, Americans are selling all their gold to be melted down and sent to china.. we sent all our other wealth there, why not our gold at pennies on the dollar. those that bought when fold was low and have the coins and bars will do just fine... they have for 6000 years.

[joshrain1]

so what is your question?

[1mealperday]

i hold silver. silver and gold are not as common as land, last forever, difficult to find, hard to get out of the ground and is limited in quantity. Thousands of years in history attest to its value as a currency and store of wealth. Anyone who accumalates wealth will find it easier to store that wealth in gold, than say rice or other goods which dont keep and take up lots of storage room/.

[mrzack888]

so you say I should sell some of my Gold now?

[jonah70757]

Voice of reason. Kep an objective perspective and do not get to emotional and do not follow the crowd.

[manicbuyer]

When I look around me at family , friends I know of only 1 person that has been investing in gold for years and he has a financial backround. I think the "sheeple" are small time and those few coins won't be the answer. I think some as insurance and I would like to be in a position to accumulate more but as insurance not as a profit seeking investment. Unless you are on margin- gold going up probably means you just preserved that wealth not made a profit .

[MengersDisciple]

I think you are right that PMs have not reached any sort of fever pitch yet. I think the real estate fever may have picked up again in the recent months in certain parts of the US... but we will see.

Two questions for you Harry:

1. What are some telling signs you would look for as signs of a bubble in PMs?

2. When you do get ready to sell close to the peak, assuming you are going to convert into a currency, how would you pick the currency (signs of a strong currency)?

[Growby10]

great questions. I will try to address them in part 4. thanks!!

[nextdimensions]

good series, makes people think about things... as far as pm's being a bubble, no way, go out and ask anyone if they are buying they won't even know what you're talking about, if they do they will repeat what the TV said that gold is overpriced and too high

[manicbuyer]

Everybody is a real estate genius in markets going up....when the market turns, the blame game.

[borat443]

People in the US arent into precious metals, I dont know one person that buys metals. People dont understand precious metals are real money. So by the time metals become prominent as currency the dollar will be dead so how will there be a bubble.

[Growby10]

so if no ones owns PM how can it be a possible mass currency or means of trade? who will trade their food w/ gold if no one owns gold...or just a small % own gold?

[RamFan4u]

@Growby10

Well we do have an example in Zimbabwae

their currency collapsed and so they have been trading in gold..do many there have gold? No Can everyone there mine for gold? no So if you don't have gold you starve. As far as real estate...We currently see some real estate in Detroit worthless..gold never completely looses its value

[catdog262]

@RamFan4u Unless you have cigarettes,food,ammo,etc.... to trade/barter.You cant eat gold or any other precious metal.

[RamFan4u]

@catdog262

Tell that to Zimbawae

Apparently they didn't get that memo

[Growby10]

@Ram- thanks for the comment BUT if you're seriously compare USA to Zimbabwae you perception of reality is way off.

So, the 99% of people who don't have gold to trade are going to starve...unless they go pan for gold?!?!

We are NO way going to end up like Zimbabwae. Our Gov, people or the world would not allow the #1 engine of consumption (technology, etc) turn into zimbabwae...a devalue, swap, etc. in $ would happen before that. odds 1 in a million. You got to do better that than my friend.

[RamFan4u]

Your way off...and sadly I feel that you may mislead people who aren't paying attention to current events. I quess if you were a communist the idea of not having anything to fall back on in case of economic collapse would work well for you

[BlacksAreBeautiful]

@RamFan4u

What are the characteristics of a bubble? Seems to me, Growby10 is merely pointing out the similarities in the explosion of gold to the explosion of the real estate market, 9 years ago and asking us to think. Not sure how you conclude he is being "misleading" in any way.

[RamFan4u]

if you really want to understand why gold is not a bubble watch a Peter Schiff video.

[BlacksAreBeautiful]

@RamFan4u

Not only have I watched many schiff videos, but I have asked anyone in those forums the same questions and couldn't get an answer. Can I assume then, that you really don't know yourself?

[RamFan4u]

I actually do know the answer, however if you have watched all those videos and you don't know the answer..I am not going to waste my precious breath trying to get you to understand. Do the research yourself, and God be with you

[BlacksAreBeautiful]

@RamFan4u

I see. Well Peter Schiff is an opportunist, who happens to run a brokerage firm (I wonder if he sells gold?..lol) who is now looking for contributions to run for Senate so he can go "shake up Washington"...give me a break. The one thing I NEVER hear Schiff talking about is how he actually intends to fix a Govt whose operating system has been fraud for 100 years, with the help from their wall street buddies, or is it the other way around?

[Growby10]

very solid arguments my friend! it's hilarious when they say 'i know the answer but i'm not going to tell you'..LOL! what a joke.

thanks for your great comments!

[RikaKazak]

why "can't" gold bubble?

maybe it's not right now...but could it be forming? Gold has bubbled before after all.

[SilverRose09]

In the US are not into precious metals, only the rich and powerful; however, Europe and Asia are. History tells you that precious metals is a hedge against deflation. So the Dollar is devaluating, so any real staff will be better than paper money.