Why You Should Not Invest In Gold - www.in-gold-we-trust.info
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@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.
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@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!!
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@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.
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@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.
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@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.
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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.
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@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.
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@nerblebun some of us have money left over after buying storable food, tis amazing I know but such is life.
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@nerblebun and die out of cancer :P
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.
nerblebun 1 week ago 9
"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
delascasas2009 1 month ago 6