Dollar Collapse, Gold, Silver, and an Unsustainable Government. PART 1 Update - September 11th
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Cheers to the conspiracy theory nuts out there!
Suckers.....
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not rubbing salt into the wounds BUT. . . . .
Gold closed up 10% for the year if you bought last Jan - if you bought after AUG you are screwed with a great big loss for the year
Silver is down only 8% if you bought in Jan 12 months ago - but if you bought in April or AUG you lost your ass.
gambling is a tough one. Las Vegas always wins, The manipulataors always win
BUY rental real estate and make a fortune over time... no easy money there
luck
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in case no one got my last comment
Gold & Silver have very little VALUE yet they have a price that is up and down daily.
This change in price depends only on the manipulator/investor demand.
the REAL demand for gold & silver varies only slightly from year to year
AND so the much touted comment "you can't eat gold"
the Gold people have been lucky this year as long as they bought in last January
the Silver people are very sad if they bought in during January and suicidal if they bought in April
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@visionvictory 24, 484 views
So here we are at the end of the year 12-28-11
Ag is closed today at $27.17 down $3.50 for the year down so far this year 11.5%
Gold has done better up 13% for the year so far
My Real Estate has paid 24% this year.
I Bought a 1,400 sq ft house not far from u-(vision) for $27,000 and rent it out for $800
that is $9,600 per year less prop tax and insurance (pd cash so no interest)=this house grossed 35%.
You need to think about "value" vs "price
LUCK
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views 24,399 10-4-2011
ooops silver back down to $28 from $43 ouch.
Hows that silver thing working for ya.....
Wasn't it at $28 last November 2010??? hummmm! almost a year!
"in it for the L-O-N-G haul"
my two little houses are still bringing in $1,500 a month
I'm tell'n ya Vision - you need to pick up a piece of the pie before the prices go slowly up and up producing rent each and every month.
last 4 months I picked up $6,000 in rent...
hope you are going well with your gold and silver
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@visionvictory 7-2-2011 another year gone by Gold & Silver up & down & $1486 & $33 the Dollar making a 5 year come back & very strong relatively speaking where is it exactly that the sky was falling? humm ! views 24,223 a note we just bought a 1,400sf house~fixer~for $28,000 & put $8,000 into it, Rather than buy 24 oz of gold with the $ it's only 40 miles from where u live & is rented $800/month we will now buy 1 oz gold every 2 months with the rent money-in 4 yrs we will have 24 oz & a house
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the Dollar is Based on debt system
therefore the other emergency countries
will take over the west countries very soon.
If we do not stop the evil debts system
of the private money print shops
we will lose everything.
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I commented 5-17-10 when gold was $1,236
today is 5-17-11 gold has ticked down 19 points this morning but is at $1,570
you were right Gold is up this year by 27%
not bad coin flipping
If you could do that each and every year with gold you would double your money in 2.7 years. NOT BAD hope it works for you
in the mean time the dollar is headed up right now.
I just bought 2 houses one for $35K and one for 28K (+ 12K to repair both)
one is already rented for $700 and the other $800
luck to U
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Actually if you look it up on any commodity site you will see that the dollar has been going up for the past 2 yeas and the business about a weak dollar is OLD NEWS
silver fell 25% in 5 days last week. It took the housing market 3 years to fall 25%
Hope you were not heavy into Silver the past 2 weeks
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@anyname666 You are correct that an ounze of gold burried only yeilds and ounze of gold when you dig it up. However, the value may have gone up or down. The problem with rent right now is that the average mortgage is higher than the average rent paid. So in this market most people who own homes and rent them out are loosing money. Right now it would definetly be better to have burried gold compared to a mortgage. This will change however, and then I will cash in all of my gold for a house.
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Thanks for the lesson in INFLATION
the dollar almost never buys more today than it did yesterday.
As long as inflation in an on going process the dollar will be worth less and less relative to its historical value
When you buy one oz of gold or silver and put it into a tin can and bury it for 20 years and then dig it up. All you have is the the same one ounce of gold or silver and when you sell it all you can buy back is one ounce of gold or silver.
Rentals bring you rent monthly
dude you are just repeating what anyone can read in the papers.
i hope no one is taking you serious because you really dont haveany insights.
JadeTomZ 1 year ago
@JadeTomZ You should check out the vids I made in March of 2008 when I told everyone the dow was headed to 8,000 in late september early november. Or my 2008 december vids when I warned everyone about new lows coming sometime in late feb 2009.
visionvictory 1 year ago
today 5-17-2010 the dollar is very strong and at a 4 year high against the Euro
hummmmmmmmmmmmm
views 21656
anyname666 1 year ago 14
@anyname666 dude, you are comparing an illusion against another illusion. Price the dollar against gold or food. its very weak.
visionvictory 1 year ago