What wealthy investors DON'T want you to know

[IUVENTIU]

GolD doEsNT OXIdiZE, ThAt MeANs We CaN LIVE fOR eVeR

[carminecar]

All the hype for useless gold... oh yeah they use it for soldering in satellites, up to 25kg... what about growing food to keep us alive?

[vajjjt]

People should have seen this video back 3 years ago when this video was put here on youtube and bought gold ( not e-gold ,but real gold bars / coins) =) Altho its to late now , or is it ?

[vajjjt]

People should have seen this video back 3 years ago when this video was put here on youtube and bought gold ( not e-gold ,but real gold bars / coins) =) Altho its to late now , or is it ?

[bullenchris18]

FALSE CHRIST COMES FIRST

[celeriacmarcus]

Look what happened to e gold. The gov confiscated all accounts.Just another way to screw ordinary people.

[UnitedKorean]

I see some people saying food and water will become more valuable than gold and silver. Guess what! People can continue to farm food and distil water as long as the weather is fine. There is no food or water shortage. That is not why the market is crashing. The market is crashing because dollar is crashing. So how will you buy food and water if your dollar becomes toilet paper? The best thing you can offer is either gold or silver (or sex if you are a pretty young girl).

[UnitedKorean]

Aren't they just precious?

[zackrowe1]

better to have ammo

[candon1972]

if you kiss your gold or silver coins it´s okay and you will not get sick.. but if you lick a bunch of dollar bills- you´ll get bacteria,virus and cocaine--: Buy metal..

[CrashMarket]

@candon1972 Some bullion dealer will steal that for use as a advertising slogan..

[MONOPOLY35]

Many investors keep insulting precious metals with their sayings that they will go downhill. I could say the same thing about companies, only more so because companies last for 120 years at most. Gold and Silver are historically reliable. There is a much better chance of Walmart going out of business than for gold to be worth zero!

[badsign1980]

the rich are making the last bubble they are buying land and food that will be worth alot more and water energy aswell

[badsign1980]

hope you ppl enjoy gold during your diner because thats all you gonna get nobody will mtrade anything with gold or silver they only work while society is still working food, water things thatt actually matter are the key gold is the last bubble to implode the dollar after that youll sell your gold bars for pound rice if they trade it with you, ppls perception of value disapear in chaos, they have been manipulated to take advantage ppl, once its over work and food will value much more then gold

[johnnycaboosehead]

@onecoolgreek ... If gold and silver become worthless, then society as we know it will no longer exist.

You're right...

During the APOCALYPSE gold and silver will be worthless.

But if there is no APOCALYPSE, the elite will laugh at us while they continue hoarding resources and commodities away from the common people.

[W0KD]

Buy gold and silver? If money's worthless, what do you buy it with? And if you already had such random metals, how would they be "valuable" when you can't "sell" it? Because it would only be to gain recognizable money.

You're just going to be able to buy LESS, that's all.

Having "precious" metal is nothing - that's like saying you have lucrative stocks and bonds - but they're worthless unless you SELL them for something!

[fuzzywzhe]

@W0KD You know, the best part of this, is finally, complete morons are going to get what they deserve, complete and total poverty.

[megamicron]

Those are prices, it is not just value itself. Value has to do with something called socially necessary labour time which "is the amount of labour time performed by a worker of average skill and productivity, working with tools of the average productive potential, to produce a given commodity. This is an "average unit labour-cost", measured in working hours". So,today the measure for all values would be oil

[wbysniper]

if anyone has a "1933" st. gaudens double eagle, i will buy it for a good amount over spot.......:)

[TheCashistrash]

if history repeats again if government were to confiscate gold again like Roosevelt did back in 1933 all gold holders may it be physical or paper gold will get compensated somewhere at 60% of actual value being a 40% loss. Hording gold will be illegal with punishment of prison. keep this in mind tho in order for the GOV to do that prices of gold would have to get very very high probably 15k an ounce by that time i would have sold and buy something else that is cheap.

[TheCashistrash]

well if there is a run on gold as far as I understand if people invest in ETF (paper gold) and there is not enough physical gold the obligations get paid back in devalued paper dollars. So if someone invested 1 million dollars in ETF and the comex defaults people will still get paper money back. The People who will make the true wealth will be the physical gold holders since everyone will be trying to aquire it to pay back their obligations (gold shorters)

[RINALDS30]

150% its not normal,insein put this businesmans/womens in jail (:

[NahJustMe]

Isn't true income tax liability is associated with currency which is used within the Federal Reserve System?

The US Mint is not part of the Federal Reserve System....is it?

MONEY is defined as gold, silver as per US Constition. The coin act of 1974 made CURRENCY a LEGAL TENDER. And, currency is not MONEY. There is no LAW requiring private citizens or businesses to use currency. Yet, when you use currency...in all its forms - an income tax liability is created.

Give me the MONEY

[NahJustMe]

Year ago I started buying American Eagle Gold coins @ apprx. $277 per coin. Today, each coin is valued at approx. $1054.

So, I if I traded 1US Minted, Legal Tender American Eagle coin...I will realize a net gain of $777 Federal Reserve Notes/US Dollars/Currency.

Q: Did the above transaction/trade create an income tax liability? I don't believe so!

I am not sure why anyone would add American Eagles to their 401k or IRA. This appears to make unreportable transaction, well...reportable.

[MrKOKO2006]

They want u to help blowing the gold bubble.

[ads998]

Good point. I have physical gold and silver holdings and the recent rises have been pleasing. Mt real concern is that we are in the midst of a speculative bubble which may yet crash. Although, there does seem to be serious issues around the US dollar. If the rumours are true and the dollar is dumped as the international reserve, then the only way is up for gold/silver.

[highonmarijuana]

Check this video carefully...at 2:12 the forecast for 2010 Gold price/ounce is 825 and just before the chart fades at 2:13 it becomes 545.37!!!!....

Is this some kind of glitch or a sick joke?

[Elbottoo]

Why would it be a sick joke?

[topbluffa1]

its 2010 now and its 1082 a ounce.

[Roberso2148]

haha in 4 years there wont be an america

look how fast congress is rushing things something is going down that they don't want you to know about

[30percentplusreturns]

I was so pissed off that barry obama got elected, but in reality i am actually happy because I know my silver will skyrocket over the next 4 years. Better yet, if he is a two termer I will make even more money!

[Joeys48]

I'm thinking about rolling over part of my IRA into Gold or Silver via Perth Mint Certificate Program (PMCP) sold by Peter Schiff's Euro Pacific Capital. I have a fair amount of physical metals so I do understand it's better to have possession however, I'm stuck between a rock and a hard spot because of taxation I'm facing if I cash out and then buy metals. Any thoughts about my situation.

[30percentplusreturns]

If you invest in silver or gold and do not take possession, you truly are an idiot and will be madoff'ed one day. What will happen is that the govt will put a halt to silver and gold etf's along with confiscating all certificates. Digital certifical gold will be illegal and the bankers who own it in trust will only have the right to the metal. When this happens, bullion will skyrocket abover the paper and digital price because it will command a premium in the market.

[Joeys48]

30percentplusreturns: Your reply would have had some value if it were not for the "I'm an idiot if I don't listen to you" That kind of verbiage just makes you appear to be a pompous ass. Nobody listens after hearing phrases like "Your an idiot if" It's a complete turn off!

[AmagnonX]

Joey, 30% might not be using nice language - but I don't at all discount his message. Make sure you get your hands on the metal, if you don't then you are simply playing in the ETF casino - which is going to win for a while, up until you lose everything.

Something has to break soon. The BIS is running $200 billion worth of silver paper, in a $6 billion silver market - in other words they are selling 33 times more paper silver than exists in the entire world - and that is just ONE market.

[wbysniper]

@30percentplusreturns agreed 120%

[evadidio]

@30percentplusreturns 'madoffed'... ahahaha... you' re a genius!I have tears in my eyes from laughing!

[NYWAORCANZ]

@30percentplusreturns

are there a lot of Gold Dealers that will allow you to buy the Gold with your Credit Card instead of cash?

[yayashua]

What if the government makes it ILLEGAL to trade in silver or gold?

[andrewrosso]

they did do that. thne you should dig in the ground and dont give it to the governement

[ads998]

Or worse, they seize the public's gold like they did in the 30's.

[nickstar717]

gold is good ut silver is great!!

[jonathanstile]

I would strongly agree with this gentleman.

Precious metals will be the strongest guarantee for the investor starting in 2009

I would urge anyone to buy physical gold or especially silver. Don't buy it on paper!!!

Watch what silver does once the credit card crises comes into play! Buy, buy,buy!

[Edgrot]

Thats nothing whats what silver does when the silver bank leases come due and they have no silver to give back. Just wait till the world markets realize the viable amount of silver after mining every year is dropping rapidly due to consumption of it in goods. In the last 5 years the amount of silver not in the group went from 7 billion oz to 1.2bill. Silver will be so much more valiable then gold.

[drewster85]

mmmmmm...precious metals