Why You Should Not Invest In Gold - www.in-gold-we-trust.info

[Geneticfitness]

you basically you think it's a good idea to buy gold. but you think its better to gamble with your money...

[mounlasy]

You shouldn't invest? If only you invested in it during the 70's and 80's at the price it was going, you would be making 5 times the amount from it today. I say invest because the history of gold prices have increased over the years and will gradually grow. Remember unlike American currency, gold is accepted worldwide.

[hotrodrick1932]

@mounlasy Can you tell me where American Currency is NOT accepted in the world? I'm NOT debating you, I honestly do not know. I thought American Currency IS accepted everywhere in the world.

[mounlasy]

What I meant by that was that American currency does not hold it's value in some parts of the country. I know they accept cash but it does come at a price.

[hotrodrick1932]

@mounlasy Thank you for the response. "comes at a price" what do you mean exactly? "does not hold it's value in some parts of the country"? American currency does not hold it's value anywhere when the value of the dollar drops. Gold is NOT accepted as money in America. (you stated "gold is accepted worldwide".)

[nerblebun]

I think it's wiser to invest in freeze dried food (25 year shelf life), guns,ammo, and survival equipment. If there is a complete collapse, you gold investors can eat your precious metal while I eat my food. If there isn't, I can still eat my food.

[Emeengor]

@nerblebun and die out of cancer :P

[TheGameFather101]

@nerblebun some of us have money left over after buying storable food, tis amazing I know but such is life.

[nerblebun]

@TheGameFather101 My friend, I have quite a bit of money left over after buying a couple years worth of storable food and several thousands rounds for each weapon. The question is...how bad will the crash be and how much money will be worth. I know gold is pretty and expensive but brother... if times are bad I wouldn't trade a loaf of bread for a pound of gold. I would however trade a loaf of bred for a box of ammo or a deer hide, or something that helps us survive.

[TheGameFather101]

@nerblebun well brother, unless nuclear armegeddon wipes out all the Monkeyabola pox survivors........., there might just come a day when man organizes into civilized societies again.

.

And if you wouldn't trade a loaf of bread for a pound of gold, you need to get more flour son. A lot more.

[nerblebun]

@TheGameFather101 Fair enough my friend. We'll check back with you when the supermarkets shelves are empty. If in fact that does does happen,( and I truly hope it doesn't) bread will literally be worth it's weight in gold.... if you can find some hungry individual willing to trade.

[hotrodrick1932]

@nerblebun I agree. The value of GOLD will go down to nothing in a financial collapse. Now, 1oz of Gold will buy you 2 Really Good Rifles. In a financial collapse, NO ONE will sell ANY Firearm (or food or water) for any amount of GOLD. Destroying its worth!!

[10ZACHS1]

you fucking boring bastard

[shawso7]

WARNING: DO NOT USE COIN to BARTER WITH!!

Its great for preserving equtiy & wealth until AFTER new currency can be re-established, but IMMEDIATELY AFTER collapse when bartering DO NOT USE COINS!! The odds are higher that someone willing to accept it, will be armed, thus more likely to think you're a "hoarder" & make you a target!

HESITATION TO USE a small piece of simple jewelry (ex:plain wedding band) in trade may lead them to think its just a personal LAST piece & decrease odds of robbery!

[happymatty83]

Im gonna do everything the opposite to what u say.... cos im gonna do well.

and cos ur a moron sir.

[skiie]

@happymatty83 ya dud u tel him i cna tel by da way u spel dat u hav teh edge on him.

[defnotacanadian]

To put it another way, gold is a great way to save for a house, because you will be paying in today's dollar for the house you want to buy tomorrow by saving gold. If the house price goes up, chances are gold will be worth more also.

[defnotacanadian]

His point is that gold is not an 'investment'. That's all, no more, no less. He states that gold is insurance against confidence in the currency. It's all semantics. Gold = Money, nuff said.

[tutoriales3minutos]

I just saw John Embry -- Chief Investment Strategist at the Canadian firm Sprott Asset Management -- discusses the reasons why people should own precious metals, and in particular gold and silver.

And then I watched you. I dont know.

[nolifemerc]

ahhhh ahhh invest this video zzzzzzzzzzzzzzzzzzzzzzzzz

[mrv3rb]

look at the price today.......

[mrv3rb]

Nice try buddy.....

[YochananMat]

Thanks.



[jessemac13]

Investment , Insurane samething Whe only buy it for profit , I do anyways .

[GetItRight4aChange]

What would happen if the president does what the president did in 1933--by Executive Order--and makes people turn in their gold (coin, buillion, certificates) with a deadline date (May 1, 1933) under threat (as in 1933) of 10 years imprisonment? Why did Pres. Obama's health care act include (hide) a tax on precious metal sales and on home sales beginning in 2013? What does that have to do with health care? (rhetorical question)

[together24601]

i know why your making this vid dont buy gold i want it. - -

[Fuckbilderbergers]

So wait your investing in insurance

[jessemac13]

BUY GOLD , NOmatter what your currecy is worth , Gold wont loose you money check the facts ...

[Alecxace]

@jessemac13 considering the US economy where most Americans live off of paycheck to paycheck buying at $1500+ an ounce is not gonna happen

[soulsurcher]

@jessemac13 Where do you start?

[SuperBmxbadass]

I skipped 3 times and everytime I skipped a part your first word was uhhhmmmm. Who would not invest in gold??? Your an idiot for telling people this.

[zombiefighter5]

WHAT!?

[delascasas2009]

"Cash is always a bad investment. Cash has never produced anything, and its value will go down over time. We will always have cash around, but it's not good to have too much. You would much rather own a good business. Every currency will be worth less in the future. More money will be printed than there will be goods circulating in the economy." -- Warren Buffett

[Bill1275w]

@delascasas2009 Owning your own business is the worst possible investment. There was a 50/50 chance for a small business even during the Clinton Era. You're better off with junk bonds.

[TurboRonin83]

How about you buy yourself a cup of shut the fuck up and bring back the only system that actually works - barter. Faggot.

[ryanburbridge]

I love this subject!!!

Ok say you buy gold now. You trade your US dollars for gold. You now have gold. What will you sell your gold for? US dollars? Ha ha. Or when the dollar collapses will you trade your gold for food? I have NO gold. Will I starve if the dollar fails? I will eat. How?

[arier3011]

What a load of crap, you can invest in any commodity if the price is low enough.That is the difference between a trader and a investor.Even if gold would plump you can make money out of it.That is from a bullish view, and reverse from a bearish view, let the price fall.Man don't believe these amateurs, it would cost you money

[desalvo66]

the thing is gold doesn't exactly seem to be holding it's value, if it was overspecutavely selling at $800.00 in 1980, that's $2288 today.. u got to worry since there isn't a large supporting industrial demand basis for the stuff, that it is largely an emotional play too. so, it is wildly speculative in both directions..

[dannyboy19811]

Any ways inflation is not what gold protects you from only idiots with little real scope on how the economy works say. Its protects you vs money supply which is going close to +20% year on year at the moment. Inflation really isn't that important, its more related to common use goods as money supply means total amount of new money printed and that really is the key to how much money decreases in value and gold improves.

[dannyboy19811]

Is this guy for real ? Does he really run a web site giving advice ? WoW.

Its like he is telling people not to buy it to keep the price low for him self ?

[007knobhead]

this video is a waste of you tube hard drive space

[Jules7892]

Absolutely Sir.Yes.I bought"Gold Bars up here in CANADA,ScotiaBank GOLD-TROY OUNCE 32GramBars Shiny999.99 GOLD in1983.Yes it retains its Value,but Does NOT increase its Purchasing Price!This is Very Relative,I was Charged Full"Commission Costs 12%for Buying the Gold Bars&Again12% Commission Charges for Selling theGOLD Bars in the Sealed Plastic when Sold Back to"RipOff"ScotiaBank.After making his 24%CommissionCharges on my Bars,the Bank President was Laughing at me!BEST IS""BONDS"GOLD BUYING"!!

[Wittmann73]

obviously, not investing in gold was a bad idea.

[Foreshadow44]

People are going to make a fortune off gold: those people who already owned large amounts of gold before 2000 when the fear/war machine started the march to greater and greater gold prices and policies that lead to real economic collapse. I bought an oz of gold in 1985 for 365 so I made a lot of money if I sold it today, but imagine someone who gained a lot of gold back in 1933 at 20 to 35 dollars an oz. They will make out like bandits. Those are the real winners.

[torontobills]

What a joke, I will never give up my gold and silver, guns. This is not a bubble. You white shoe boyz started a mess on housing market and wall street and stole trillions of dollars and devalued the dollar and youre us to stick to paper currency. Talk the endless wars and fact that Us and Israel about bomb iran shortly. The world is fed up with lies and bullshit, Back to gold and silver hard assets and i have in my hands. Wake up people

[Allnamestakenzomg]

And the story about the suit? It's more or less just aligning the price to match your facts. I highly doubt an officers clothing today would be valued at 1100, neither would it cost an ounce of gold in Tudor times. If you're going to make comparrisons keep the medium the same.

[Allnamestakenzomg]

Video uploaded February 2010, 1gram of 9ct gold @ 10.96 estimate.

Gold prices today 13.10 per gram of 9ct gold, So as of February 2010 a Gold bullion of 400 troz would net you roughly £363,621, with todays price being £434,529. Obviouslly not everyone can afford a bullion but christ, how wrong could this guy be? In times of economic crisis the safest form of currency is Gold and as everyone scrambles to get some the demand is heightened.

[Genghiskaran]

your fucking stupid

[rw0524]

Your analogy to a suit is somewhat correct, but in recent years gold has been undervalued and the fiat money overvalued. The 400% increase is because it has been manipulated... a suit is made mass production now, and is probably only worth a fraction of an ounce if everything was on the free market and freely traded with no manipulation. Houses were inflated by cheap credit, so by yout logic the term invest should not be applied to buying a house either....

[ulises031864]

You have no knowledge of nothing! what you know is very superficial and have no grounds, buying a house now it will take 15 to 20 years before you can start to really make a profit like we use to I was in that business now you can get houses cheap but to gain a equity that's history for now! in fact houses are loosing value, the reason is safe to invest in Gold is because the currency a country produces is based on the gold they got, with the economy as it is is safer to invest in Gold...

[montiecristo]

Thanks for the Info.

Just a FYI,  I also was advised here in Sydney Australia from a Gold wholesaler that GOLD will only ever come down in price if everyday living items come down in price like bread, milk and petrol and they never will.

Thanks for your video.

[phliperphil]

where do all you idiots come from

[DavetheMuzicMan]

By investing in gold you hold up your net worth in the world even in the financial crisis that is inevitable. if your gonna invest in precious metals, make it silver because its prices are supposed to get around 200 an ounce soon

[upplsuckimcool16]

Isn't having 500 k and it going up to 600k 20% and not 25% ?

[ginofrater]

WHAT A WASTE OF TIME OF MY TIME !!

[zurriagazo71]

The title of this video is confusing. You need to define "investment" first, otherwise you are contradicting yourself. If you wanna protect your savings against long term inflation over the years, it is a great investment.

[upplsuckimcool16]

@zurriagazo71 I was thinking about this, but if you just INVEST in gold, what happens when the people who hold your investments go bankrupt, how would that work? What if there comes a point that there is no way to actually RECEIVE the gold you've invested in? I think we need not only invest in gold, but actually demand tyo hold on to it as well lol...

[zurriagazo71]

@upplsuckimcool16 No. You got it wrong. When I say invest in gold I mean BUY your gold physically and keep it for yourself. Why let other people do it on your behalf when you can keep the gold yourself?

[TheTrueJBV3737]

you don't invest in gold, you convert your wealth into it.

[wayne290]

I bet you now wish you invested a boatload of money in gold now, eh? Silver has been even a better investment.

[greenwooddesign]

Great video. I think alot of people don't realise this about gold.

[vanessablackjack]

GOLD is where the money is!!Turn money into gold and gold into money at Gold Trading Academy. Come watch the proof of 90% accuracy in gold trading, google Gold Trading Academy to learn more.

[DarklightALBANIA]

For the moment the best investment is the Gold ,but if everybody goes buying gold it will become somekind of a bubble for a period of time but still will get back up .AS it will happen with the real estate (houses ) after some time they will go back up

[LuckJustBad]

gold is the best investment!!! im buying gold to wear and made a good profit too!!

buy 18k or 24k!! or even .9999 or 999.5 if you alot of money theirs even 1.000 gold

thinking im lying???? go to a asian jewelery store and buy gold bar its 999.9 gold

im buying some pretty soon!

[CzSlav3]

Why would you invest in bonds when they’re tanking?!?!

[world18terrorist]

The us printing more money to help our economy is like cutting yourself more to make your cut bleed less

[TheEpoxyExpert]

step away from the crack

[phoenix11994466]

You're an Idiot!...

Because according to my research Gold is a depleting commodity, which means over time it's GUARANTEED to increase in value. Gold is increasingly used in all manor of electronic components. Including the much needed electric vehicles which China expects begin mass producing by 2013. I have Quadrupled my original investment in Gold in 8 years... You shouldn't be commenting on subjects you know nothing about, or read in some blog..Because you're simply making a Fool of Yourself

[marshall2411]

@phoenix11994466 plus the population of the world is increasing, so less per person.. simple supply/demand

[phoenix11994466]

@marshall2411 Exactly..I also read the other day in the Financial Times, all the smart money are buying up Gold and Silver like crazy...They realize that with the US madly printing money like they are, the USD will be worthless in coming years... Just about everyone now realizes, the world is heading for a depression of biblical proportions...Printing more money is like putting a band aid on a gushing wound, when major surgery is urgently required... The US economy is on life support..BUY GOLD

[LuckJustBad]

@phoenix11994466 gold gold gold is all i think about

[phoenix11994466]

@LuckJustBad GOLD is well over $1800 USD per oz and knocking on the door of $1900... One economist on Bloomberg, is now suggesting GOLD will burst through the $2,000 barrier before DEC, and may even hit $3,000 in 2012... BUY BUY BUY...I hear Gadaffi's got a few tons of it on fire sale...LOL

[bavarikus]

Paper currency always sooner or later attains it's intrinsic value - zero! Voltaire (1694 – 1778)

[swspls1040]

THE TIME WILL COME, QUITE SOON PROBABLY, WHEN THEIR WILL BE A GREATLY HEIGHTENED INCREASE IN PRECIOUS METALS, PEOPLE WILL BE LOOKING THROUGH SCRAP AND JUNK TO RECOVER SCRAP GOLD, SCRAP SILVER AND PLATINUM. THERE'S EVEN AN EXCELLENT HOW-TO PROGRAM CALLED SCRAP4TREASURE.

[areyouready22]

This is all just SEMANTICS. He's got a point in that gold is not an investment in which you buy it and then sell it to make a big profit. Gold is real money. You buy it to preserve your wealth and purchasing power. However, you can choose to look at it in the way that you look at bond or stocks. You buy a share and if the company makes more profit the value of your share increases. Okay, you buy gold and as the value of the dollar drops your gold is worth more. So it's just in how you look at it

[pewtoobe]

Decent Sales Pitch, I mean "entertainment". But if the doomsday scenario were to happen and the Dollar collapses and hyperinflates, who's going to go around using their gold to buy things? You think you're going to the local supermarket and whipping out your thousand dollar plus gold coin to buy a loaf of bread and bottle of milk? The REAL money would (and is being) be made by the brokers who buy, sell & trade it for people.

[areyouready22]

@pewtoobe "But if the doomsday scenario were to happen and the Dollar collapses and hyperinflates, who's going to go around using their gold to buy things"? Answer, EVERYONE....anyone who has it will because in a collapse precious metals are the only form of money people will take. Do some research, history proves it. Gold is REAL money....always has been, always will be.

[Robbob9933]

To me, investment does not necessitate physical possession. I do not invest in gold, I buy gold. If you do not take physical possession you run the risk of being exposed to counter party risk without your kbowledge.

[dynomike1964]

Dont but gold now you missed the ride up

[adam9a9]

in the past 10 years gold HAS been a good investment.. $4000 dollars worth of gold in 2000 can get you a car worth 20k. You would be lucky to buy a good used car in the year 2000 with $4k

[hyylo]

what is your view on gold price when looking at the UK?

[InGoldWeTrust1]

@hyylo Gold price rises vs Pound sterling will be equally if not more extreme than vs the dollar. Dollar is still the reserve currency so despite what we all think about it lots of people still run to it during bad times. Pound suffers more severely from market crash than dollar - same with Euro

[hyylo]

@InGoldWeTrust1

Hi

thank you for the reply.

In the UK the government has announced huge cuts in governemnt spending. Will this not help the UK pound from falling in value?

I am thinking about buying some gold and silver to protect my wealth but if the UK governement reduces spending this will help the vaule of the pound.

What do you think?

Are there any videos on youtube that talk about the UK Pound and the future of the UK?

I would be grateful for your reply.

[InGoldWeTrust1]

@hyylo Hi UK government austerity will strengthen the pound in the short term. Government spending is a huge part of the economy so if it is cut then this will effect the economy and the stockmarket and therefore the pound. The long term problem is the amount of private and public debt which is huge and out of control. If the economy shrinks then the tax base to repay debt will also shrink causing higher taxes and lower stockmarket, it is a vicious circle.

[InGoldWeTrust1]

@hyylo Govt cuts will only strengthen the pound in the short term. UK banks hold a huge amount of bad debt from UK, Europe, they will take another hit at some point, this will weaken the pound. The govt spending is a significant part of economy, cuts will effect overall performance of economy. The problem is the huge private and public debt, weakening tax base does not provide funds to repay on any level. Our money is a derivative of confidence - how confident do you feel?

[hyylo]

@InGoldWeTrust1

Hi

thank you for the reply. There are many people i listen to such as peter schiff, ron paul, marc faber and jim rogers but they dont give much information on the UK.

they focus on the future collapse of america.

I think i will purchase some gold and silver. i have heard that inflation in the UK could hit 20% by 2012.

[anthropomorphosizeme]

Love how you present a perspective on things and keeping it simple.

[Donattello1]

junk video

[lucretiuscaro]

But that what you're saying is not quite right. An oz of gold won't take as far as buying a nice pair of shoes for your suit (2000$). Are taking into account gold manipulation? A fine suit is more that 1200%.

[dadhadit]

try to cash that bond when USA is broke, just what that bond is a peace of paper but not all lost use it the next time you take a poop

[blurters]

I think you guys are missing the point - I dont think he is saying not to invest in gold but to recognise how gold behaves in the long term - as insurance - any gold commentator worth their salt - Jim Sinclair, James Turk (owner of Goldmoney) would agree. If you see gold as insurance then price swings are not a problem

[Michael7477]

I'm going to invest in fine suits.

[ad1997]

why?

[jackson32]

This is terrible advice, the opposite of what you should do. Investing in gold is possibly the best investment in the next five years. MARK MY WORDS.

[Nate2203]

@jackson32 You obviously don't understand what he was saying. That gold that you "invest" in will have the same purchasing power(give or take) in the next five years as it does today.

[jackson32]

@Nate2203 Gold will have much greater purchasing power in 5 years because it will outpace inflation, because gold is in a secular bull market. Over the long term, yes an once of gold will be roughly worth the same amount of real goods, but there are gold bulls, (1968-1981) and gold bears (1981-2001). We are in another gold bull that should last at least another 4 years if not 10 years. Read what Steve Saville and Adam Hamilton over at safehaven . com have to say about this.

[Nate2203]

@jackson32 correction: Gold MAY have much greater purchasing power in five years :-) This is true.

[jackson32]

@Nate2203 True! Nothing in investing is certain, no matter what anyone says, but I contend that at the absolute worst gold will at least hold its own against inflation in the coming 5 years. However based on my research (actually my research of other peoples research) I think it will at least double in the next 5 years and possibly go to about $4000/ounce. Just remember it was old jackson32 on youtube that told you this way back in 2010!

[Nate2203]

@jackson32 I believe you. With the market being so unstable lots of people will be looking to gold. So as demand goes up, so does price!

[Patriotgal1]

Tell you what- you keep your paper, I'll stick with my Gold & Silver. ESPECIALLY Silver!! :)

[ehswan]

At this time it IS different. The examples you gave were at times when the production of gold was increasing versus the human population. Now the production is decreasing. In the times you wrote about  Money WAS GOLD. It is no longer. In the times you wrote about we humans had not surpassed the carrying capacity of the planet. Now we have. In the times you wrote about the elites had not completely corrupted our societies, now they have. With systemic corruption comes a flight to GOLD.

[InGoldWeTrust1]

thanks for the comment and I understand your point - however the Romans Empire ended in ruins corrupted by their elites, . I think we are both agreeing though that gold is ultimately insurance and safety in very troubled times and my point was not to be swayed or discouraged by day to day fluctuations in price and see the long term writing on the wall

[ehswan]

My stupid, said "you wrote about" when you spoke about. How ever in the 1930's a mans labor for a day could be purchased, in my country, for 1/5 of an ounce of silver. That is 1 $quarter. This would amount to $40 at this time. Do the math! This is not insurance. This is a huge profit.

[Nate2203]

@ehswan umm, 1 ounce of silver is like $19, and no, it's not a profit. The dollar back in the thirties was worth closer to $20 in today's money. You can't just look at how many dollars something was worth back in the day, then compare it to now and think that it has accrued value, when really, the base money has just decresed in value.

[blurters]

If there is one thing about investments it is how people are always saying this time it is different. It never is - Gold is great but at its heart it is insurance - sure invest why not but that does not change the fact that gold IS insurance - probably the best in these times

[Nate2203]

@ehswan I don't think you understand, he was just making the case for gold being a stable place to put your money. It will(most likely) not give you any gain in purchasing power, just allow you to keep the same purchasing power. For instance, if the dollar's purchasing power dropped tomorrow to 50% of what it is today, your gold would be worth twice as many dollars(give or take) as it was today, so you don't lose the value that your money held originally.