Gold and Silver Bullion will not be the only reliable long term investment. You are dead wrong on that statement. Many other commodities will perform even better than gold and silver bullion...
the day the american white man, white anglo-saxon protestant white americans let this nation fall down, turn their backs on their own nation, and dont put gold and silver back in their money, then we are all doomed to destruction. every other foreign born hispanic mexican, african, asian ,immigrants hindus, all standing by to take over this country.
uh, yeah...where is he now? in the month of april 2010, china increased its holding of us debt by $5 billion...now owning more than $900 billion since last year. great advice mate.
Also, what do you believe the term 'global new deal' means? I've seen it recently online, sounds like it could be a deliberate devaluation of a currency, or currencies worldwide in order to make the massive mounting deficit debts more easily paid off, at least when all the deleveraging has finished anyway, but what do you believe this catch phrase to mean? as even Warren Buffet has stated that historically governments/kings always devalue their currency in order to pay off debt
Surely at first with all the deleveraging that will be continuing to take place the US dollar will demanded as a safe haven, I mean if you have so much value disappearing from 'assets' that were just made of debt anyway, then that causes great financial loss overall, and therefore wouldn't that be very deflationary until deleveraging has finished, because it seems to me thatall the money printing won't be anywhere near enough to fill the void created by all the debt assets that are evaporating?
To answer your question hyylo, yes, here in Britain we're in serious trouble ( our debt-to-GPD ratio is now worse than for Turkey in 2001, when Turkey was forced to go to the IMF for a bailout ).
Our national debt is well over £1 trillion and soon, even servicing the interest on that debt will become problematic. Our national currency, the pound, is probably not going to survive - we'll be forced to join the Euro. Selling our bonds is going to become very difficult in the near future.
thanks for the reply. I have been looking on the internet where to buy gold. Do you have any good places where i could get some. I want the actaul physical gold.
I suppose if you still hold US$ in cash, buying UltraShort 20+ Year Treasury ProShares (TBT) would at least preserve your "buying power" .. that is if you do not want to buy Gold ?
TBT - beng denominted in US$ would lose value if the US$ dropped , but IMO would rise on a bond-market failure, thus offsetting the currency loss.
The bond market is doomed imho. Don't be in USD. If you want to preserve wealth (and ride a nice bull market in the next years) your best bet is gold. I am able to provide at agreeable rates ;-). Check out the news about china wanting to buy 5000 tons total to become gold backed (see other video).Physical gold is the best thing. Gold ETFs seem to be reliable. Information about stocks is so unreliable I would not vernture into that market unless I can get out fast..
All you people that say don't be in the USD I want you to explain yourselves. You're in the same position as us. Your currency is screwed too. Explain why you think your currency is any safer than ours? Your central banks made the same mistakes ours did. Please. Elaborate.
I'm in gold ans silver, that is a safe bet. Furthermore, as a european we are expecting 5% inflation, and we are doing quantitative easing, so yes we are screwed. But we did not trick so many foreign countries into acepting our bonds, so to say our foreign debt is smaller. Also we have an industrial engine called germany, so that makes it more safe for us. The US has an openly corrupt government with the bankers in kamikaze mode..
Please don't use the word "we" like the American citizens were the ones that sold you the bonds. You're talking about .00005% of our population that pushed them on the .00005% of your population that is in it to screw you guys too. What's worse is now the 99.99995% of the country that didn't do anything about this is paying the interest on the money we've shipped over to Europe. Your governments are just as corrupt as ours. Why is it you Europeans are always pointing fingers at us?
It is 'we', because you are paying the interest on it. As long as you keep working for the bankers, making them whole and supporting them, you are responsible. The US banks sold worhtles paper to european banks, for one reason or another, and there may be european banks that have defrauded banks in other countries, but the US has several priviliges they seriously abused, for instant that oil can only be bought with USD.
Haha. This is what cracks me up about you guys. You don't think you're working for the bankers? Banking started in Europe. Our country was founded to break free from your continents corruption. European governments have been buying their money from private sources since before America was founded. You guys are wrapped up in this just as much as we are. You guys are slaves the same as us. Please. Stop blaming the USA, your bankers infiltrated our country and set up the Fed.
Tricked you? Sure if you say so. Looks to me more like a couple of well placed elites setting up another depression that they can profit from. Except this time it's a world depression. Oh wait. That's right. The same thing happened 80 years ago to the entire world.
Because each of our countries is wrapped up in this whole voting bullshit. People vote, they think they've kicked out the problem, and they don't question authority for another 3 years or so. Then another election, public is calm again, etc. etc. etc. Loop to loop to loop. We kick out their puppets. No one ever goes for the head of the beast, because we really don't know who it is.
I recommend gambling on gold - it's risky, it makes zero sense, it's a gamble - but it's shiny
Another advantage - nobody from industry will steal gold from you; as industry has no use for it - although plenty other people will try and take it from you
Okay in a crisis the government may put you in prison - but in a crisis prisons are quite safe - as long as you know how to improvise a crude knife
Its not so much that the bond market will crash, it will just go in the opposite direction it has been going in the last 30 years. Interest rates will rise once again, especially to combat inflation in the future. Just look at japan yields. People said they would crash and they are still low. Just becareful because when people say things will crash, it usually keeps going higher for many year. I agree the inevitable will happen though.
Yes you are correct. After several more years of deflation, inflation expectations will inevitably rise. Thus the FED will act with higher interest rates. this is the End Game.
chicks don't dig collapse - bad mistake, I've made it myself .. lie about all the money you're making and how this crisis presents real opportunity .. she'll be pregnant with your child within a month..
Hey G ~ This is simply not true. Perhaps it might be the women they choose or worse yet their eyes & such embrace the woman before their brains can catch up?
It's funny here in the US how many of my friends think the recession has hit bottom and the recession will end within the next year. Also, I have stopped warning them because they think I am nuts when I tell them to buy precius metals or commodities and get out of all dollar assets; asap! Instead, I'll watch them grow fat and lose it all when the depression kicks into overdrive.
Your absolutely right! If they would look at a Kondratieff Wave, our econemy is following a depression cycle perfectly. This bubble started in the early 80's and was extended by the US GOV. Also, it's the bigest bubble in history, which makes me believe it will be the greatest depression.
I keep telling everyone I know. Some laugh some look at me very seriously like I'm getting through, Some get really scared which is good and some actually have bought Silver.
Gold and Silver Bullion will not be the only reliable long term investment. You are dead wrong on that statement. Many other commodities will perform even better than gold and silver bullion...
Silverbuzzsuccess 1 year ago
the day the american white man, white anglo-saxon protestant white americans let this nation fall down, turn their backs on their own nation, and dont put gold and silver back in their money, then we are all doomed to destruction. every other foreign born hispanic mexican, african, asian ,immigrants hindus, all standing by to take over this country.
Rico8458 1 year ago
Bond market collapse will create more terrorists for USA and more rogue states ...
hahahahahahaha Implies USA goes to WAR
AMERICANS do not trust your dirty goverment anything. PLEASE ,
LET them go to WAR ,,, YOU stay home.
aviomaster 1 year ago
the Fed has made all the right moves .. NEVER BET AGAINST THE FED !
florgat91 1 year ago
uh, yeah...where is he now? in the month of april 2010, china increased its holding of us debt by $5 billion...now owning more than $900 billion since last year. great advice mate.
pibada5 1 year ago
things keep getting more and more festive
centervilletn 2 years ago
LOL
rocksiphone 2 years ago
Also, what do you believe the term 'global new deal' means? I've seen it recently online, sounds like it could be a deliberate devaluation of a currency, or currencies worldwide in order to make the massive mounting deficit debts more easily paid off, at least when all the deleveraging has finished anyway, but what do you believe this catch phrase to mean? as even Warren Buffet has stated that historically governments/kings always devalue their currency in order to pay off debt
mlndstream 2 years ago
Surely at first with all the deleveraging that will be continuing to take place the US dollar will demanded as a safe haven, I mean if you have so much value disappearing from 'assets' that were just made of debt anyway, then that causes great financial loss overall, and therefore wouldn't that be very deflationary until deleveraging has finished, because it seems to me thatall the money printing won't be anywhere near enough to fill the void created by all the debt assets that are evaporating?
mlndstream 2 years ago
Hi
I wanted to know but is the UK in trouble?
I listen to Peter Schiff and Ron Paul but i have not heard what problems the UK will face?
hyylo 2 years ago
To answer your question hyylo, yes, here in Britain we're in serious trouble ( our debt-to-GPD ratio is now worse than for Turkey in 2001, when Turkey was forced to go to the IMF for a bailout ).
Our national debt is well over £1 trillion and soon, even servicing the interest on that debt will become problematic. Our national currency, the pound, is probably not going to survive - we'll be forced to join the Euro. Selling our bonds is going to become very difficult in the near future.
worthlessdollar1 2 years ago
hi
thanks for the reply. I have been looking on the internet where to buy gold. Do you have any good places where i could get some. I want the actaul physical gold.
hyylo 2 years ago
good luck with that!...better off with ammo!...trust me...soon it will b worth more than gold!....& u will b able 2 trade it 4 food!
wilatemodel 2 years ago
i just made my first gold and silver purchase.
:)
i think silver will perform better than gold in the long run.
hyylo 2 years ago
when the shtf , do not try to barter or sell it . people will most definately ROB YOUR ASS !
stonerj0e 2 years ago
@stonerj0e Thats why the first thing you buy is a gun....then you buy food and metals.
yetibait01 1 year ago
I suppose if you still hold US$ in cash, buying UltraShort 20+ Year Treasury ProShares (TBT) would at least preserve your "buying power" .. that is if you do not want to buy Gold ?
TBT - beng denominted in US$ would lose value if the US$ dropped , but IMO would rise on a bond-market failure, thus offsetting the currency loss.
What do you think ?
StandUp555 2 years ago
The bond market is doomed imho. Don't be in USD. If you want to preserve wealth (and ride a nice bull market in the next years) your best bet is gold. I am able to provide at agreeable rates ;-). Check out the news about china wanting to buy 5000 tons total to become gold backed (see other video).Physical gold is the best thing. Gold ETFs seem to be reliable. Information about stocks is so unreliable I would not vernture into that market unless I can get out fast..
eurogoldexchange 2 years ago
All you people that say don't be in the USD I want you to explain yourselves. You're in the same position as us. Your currency is screwed too. Explain why you think your currency is any safer than ours? Your central banks made the same mistakes ours did. Please. Elaborate.
bweazel 2 years ago
I'm in gold ans silver, that is a safe bet. Furthermore, as a european we are expecting 5% inflation, and we are doing quantitative easing, so yes we are screwed. But we did not trick so many foreign countries into acepting our bonds, so to say our foreign debt is smaller. Also we have an industrial engine called germany, so that makes it more safe for us. The US has an openly corrupt government with the bankers in kamikaze mode..
eurogoldexchange 2 years ago
Please don't use the word "we" like the American citizens were the ones that sold you the bonds. You're talking about .00005% of our population that pushed them on the .00005% of your population that is in it to screw you guys too. What's worse is now the 99.99995% of the country that didn't do anything about this is paying the interest on the money we've shipped over to Europe. Your governments are just as corrupt as ours. Why is it you Europeans are always pointing fingers at us?
bweazel 2 years ago
It is 'we', because you are paying the interest on it. As long as you keep working for the bankers, making them whole and supporting them, you are responsible. The US banks sold worhtles paper to european banks, for one reason or another, and there may be european banks that have defrauded banks in other countries, but the US has several priviliges they seriously abused, for instant that oil can only be bought with USD.
eurogoldexchange 2 years ago
Haha. This is what cracks me up about you guys. You don't think you're working for the bankers? Banking started in Europe. Our country was founded to break free from your continents corruption. European governments have been buying their money from private sources since before America was founded. You guys are wrapped up in this just as much as we are. You guys are slaves the same as us. Please. Stop blaming the USA, your bankers infiltrated our country and set up the Fed.
bweazel 2 years ago
Tricked you? Sure if you say so. Looks to me more like a couple of well placed elites setting up another depression that they can profit from. Except this time it's a world depression. Oh wait. That's right. The same thing happened 80 years ago to the entire world.
bweazel 2 years ago
Nobody kicks the perpetrators out. Why?
eurogoldexchange 2 years ago
Because each of our countries is wrapped up in this whole voting bullshit. People vote, they think they've kicked out the problem, and they don't question authority for another 3 years or so. Then another election, public is calm again, etc. etc. etc. Loop to loop to loop. We kick out their puppets. No one ever goes for the head of the beast, because we really don't know who it is.
bweazel 2 years ago
thats the reason we need a REAL king!....ME !!!...LMAO!!
wilatemodel 2 years ago
how do you buy TBT?
moniequa 2 years ago
What he says is true. Google gold prices and the dollar value and find a graph. He is correct.
bertly71 2 years ago
I recommend gambling on gold - it's risky, it makes zero sense, it's a gamble - but it's shiny
Another advantage - nobody from industry will steal gold from you; as industry has no use for it - although plenty other people will try and take it from you
Okay in a crisis the government may put you in prison - but in a crisis prisons are quite safe - as long as you know how to improvise a crude knife
OghamTheBold 2 years ago
Its not so much that the bond market will crash, it will just go in the opposite direction it has been going in the last 30 years. Interest rates will rise once again, especially to combat inflation in the future. Just look at japan yields. People said they would crash and they are still low. Just becareful because when people say things will crash, it usually keeps going higher for many year. I agree the inevitable will happen though.
30percentplusreturns 2 years ago
How much will low interest rate bonds be worth once there are higher interest rate bonds? Who will the new bonds be sold to? What will back it up?
eurogoldexchange 2 years ago
Yes you are correct. After several more years of deflation, inflation expectations will inevitably rise. Thus the FED will act with higher interest rates. this is the End Game.
Astrocreep69 2 years ago
chicks don't dig collapse - bad mistake, I've made it myself .. lie about all the money you're making and how this crisis presents real opportunity .. she'll be pregnant with your child within a month..
florgat91 2 years ago
This comment has received too many negative votes show
Hey! I'm a woman and I know all about everything and then some....NOT ALL WOMEN ARE STUPID!
Brie217 2 years ago
big people are talking go make cookies
runoutman 2 years ago
She's a sheeple, you should have just fleeced her and made her day and yours.
edmack4me 2 years ago
What is it about women that have no interest in anything intellectual?
tradergee1 2 years ago 4
Hey G ~ This is simply not true. Perhaps it might be the women they choose or worse yet their eyes & such embrace the woman before their brains can catch up?
Just a thought ~
RenegadeTimes 2 years ago
I was half joking. I know some smart smart women.
tradergee1 2 years ago
I would not doubt that for a moment.
Like begets like....usually ~
RenegadeTimes 2 years ago
It's funny here in the US how many of my friends think the recession has hit bottom and the recession will end within the next year. Also, I have stopped warning them because they think I am nuts when I tell them to buy precius metals or commodities and get out of all dollar assets; asap! Instead, I'll watch them grow fat and lose it all when the depression kicks into overdrive.
lizadfuel 2 years ago 5
They're drawing from memory of past recessions but they don't realize that the game is over. They need to do the math.
tradergee1 2 years ago
Your absolutely right! If they would look at a Kondratieff Wave, our econemy is following a depression cycle perfectly. This bubble started in the early 80's and was extended by the US GOV. Also, it's the bigest bubble in history, which makes me believe it will be the greatest depression.
lizadfuel 2 years ago
I keep telling everyone I know. Some laugh some look at me very seriously like I'm getting through, Some get really scared which is good and some actually have bought Silver.
tradergee1 2 years ago