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[TWSceptic]

@sesamestreetgang Part 2

I don't care that you don't care about gold, because I couldn't care less how much money you will lose. The way you are thinking now means you will probably end up completely broke or worse. Which is probably what you deserve with your attitude.

You think everything that still exists must be primitive. GOLD is still valuable BECAUSE it WORKS to store value. Too bad you are too blind to even grasp that

Words out of my mouth... "sesamestreetgang" (what a fucking retard)

[TWSceptic]

@sesamestreetgang Wrong on everything you said.

First of all metals are NOT useless. Silver and gold are used in production and gold is money and will always be money. That's just because it has all the essential characteristics for money. So not useless, but essential for storing value.

Secondly it doesn't create bubbles at all, the government creates them. By distorting the free market (artificial low interest rates, printing money, buying into the market without having any assets).

Part 1

[sesamestreetgang]

@TWSceptic You entirely missed the point. Investing in a useless metal hinders market growth, it creates market bubbles and actually hinders other areas of development because that money could be used for something with actual utility.

I don't care how much gold is going for... it's a virtually useless metal when used in this since and the act of hyper-inflating the value of gold is an idiotic and primitive practice.

Not that I expect you to comprehend anything I'm saying, my homely friend.

[joe18370]

ill buy gold after the new revalation, not when it is so high,what goes up must come down,but i no this video is based on 2009 not 2011, and this guy no s what he is talking abought

[SeppLainer]

@joe18370

When he says buy gold, he doesn't mean jewelry. We're talking actual bullion.

[joe18370]

i would not buy gold, i would buy silver as most of us are not rich,i have a gold ring paid 300.00, whent to sell it at the jewlery shop ,they offerd me 30 bucks

they pay more cash for silver, close to the value of silver .. but never make a profit from it

[TWSceptic]

@joe18370 It's not high, it's not even at the price it was in 1980. Gold is still undervalued.

[TWSceptic]

@sesamestreetgang The only thing ridiculous here is the fact that you don't even noticed how well gold did since he uploaded this. And the only thing irresponsible here is the fact that the government keeps adding debt to keep a phony economy alive.