Gold & Armageddon: Conclusion Part 4

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What all Gold & Silver investors MUST know to survive this Economic Collapse.

There are many who believe that there will be a eminent and rapid collapse of the dollar and that gold is the best and some say ONLY true store of wealth and value in today's market.

This may be true, but let me challenge you to open your mind to another point of view. And if u haven't thought threw the other side of the gold/dollar collapse issue, then you're probably not that conscious of your own position and most likely not as secure of your own position as you might think.

How much do you know about what factors are affecting the gold price and the movement in the dollar? If you can only repeat, like a trained parrot, the same talking points that the same talking head repeat over and over on the media...then you are in great need of an education on the true factors that are moving the markets and how to make sure you're both aware and that you can take advantage of investing opportunities that are abound in this chaotic market.

Please watch the entire video and please respond to the points that I make....please back up your comments w/ fact if you have them. thanks!

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[ludogogo]

@JohnLeeMD things. But if you don't have extra supplies of food and water (too many people don't) you'd have trouble with a multi-week blackout, or whatever else the mild calamity. You should thank whoever you thank that you don't have to use your rifle and it's ammo. I can guarantee you, if shit does hit the fan, being prepared can mean the difference between life and death. Live smart, live your life.

[ludogogo]

@JohnLeeMD I get what you're saying; I agree that one can go too far. But being prepared for an emergency and being prepared to survive if shit does hit the fan is a real concept. During the cold war, on numerous occasions, we were literally minutes away from a nuclear exchange; it was predicted 500 million would die within 25 minutes. Yes, this never happened... but does this mean that it couldn't have? Having things like water, food and a means of shelter is obviously the most important

[JohnLeeMD]

@ludogogo Not sure, but to act as if a Mad Max scenario is impending is acting in delusion. 1) It alienates you from society. Remember, you don't have to watch American Idol to still be part of society. If you bought into this sort of thing when this all sort of started (2008), you'd have holed up in the woods and stockpiled ammo for four years. To what end? You will (as a result, among other things) have foregone female contact for four years because of your nuttiness. Just live life.

[ludogogo]

@JohnLeeMD Why is it delusional? How do you get out of a fiat currency without it crashing?

[Scobo11]

Ok you assume a lot about the "market" people will be using. You're talking about no banks at all and we will live in a backwater place. I'll assume that you are completely wrong about that. There will be banks that will control currency through precious metals. So your videos are ok but assume too much. What you are describing is Zimbabwe but your saying the U.S is not at all like that. Talking out both sides of your mouth

[Mr2wings]

I can't subscribe because my information myight be leaked to the govt or gangs.

[RGoofus]

The Government IS a socially sanctioned Gang that controls society at the point of a gun. That is is what I learned reading Tolstoy 30 years ago. I really like how neatly you touch upon these points as separate entities. I certainly have abandoned the idea that shiny bits of metal will secure my family in a post apocalyptic world.

[key11207]

the obvious thing to do is to buy gold and save it up then sell it before the dollar collapse but after you have made quite some profit from it and then from the money you made invest in other comodoties invest in land with its own renevable water sources invest in moving out of country or out of cities where you can grow your food and resources 

[2mogar]

If I had gold I would trade it either in the black-market or if I had to cuz of govmt I would smuggle it out of the country and sell in another country. I understand your comments about the govmt but if you have hypinflation the govmt will in the end be in as much trouble as the rest of us. Govmts fall during currency crises. If people dont get paid they dont go to work that includes the police /military. Gangs you have to handle as best u can, by all means get as messy as you have to.

[donniebrasco24]

so what? your debts are in dollars period, not hyper or deflated dollars. if hyperinflation occurs youd be looking at 500 an hour minimum wage, so it doesnt matter how much a gallon of milk costs youre making more. Think of how easily youd be able to pay off your house at 500 bucks an hour. the losers here will be the banks holding those nominally fixed debts that cant and wont change due to hyperinflation. your argument is seriously flawed...