Don't Save for Retirement

Don't Save for Retirement

Category:

Film & Animation

Tags:

• xtranormal
• retirement
• peak oil
• ron paul
• economic collapse
• jim rogers
• gold
• dollar
• inflation
• deflation
• 401k

[PennnSmith]

Truth will dissolve government.

This video is 100% true.

Goodbye, government.

[solojam]

if the gov prints the money it only destroy the value of US funds, there is no point in saving unless u put it in silver or gold, or land

[TBKV90]

Fuck retirement accounts. Fix your own retirement.

[dontmesswithsqacky]

@orangedac im going to block u for blocking my old channel

[dontmesswithsqacky]

@orangedac its a live coon off southpark asshole from that episode coon and friends.

[orangedac]

@dontmesswithsqacky

I'm glad you got my message to go fuck off. You should take that adivce because as I recall, your picture shows you to be as ugly as an ass goblin.

[dontmesswithsqacky]

@orangedac hi im lesgrimshaw15 using a different account u told me to fuck off a hole, i got to tell u something shut the fuck up assole and u are immature because u privted all 3 of your videos.

[orangedac]

@FortNikitaBullion

I doubt the average guy walking out there has 20 ounces of gold coins/bars. Among those who do have the money to buy it, 99% of them would rather blow it on a vacation, a fancy car, home renovations or women with big b00bs.

[FortNikitaBullion]

@orangedac No way! That's not so out of reach, even for the working class if they put their mind to it.

[orangedac]

@FortNikitaBullion

1000 ounces, no way.

My guess is the 1% starts somewhere between 20 to 50 ounces of gold. I'm talking phyaical gold not some paper derivative of it. About 1% (or less) of the population has that much physical gold.

Even smaller amount of the population has platinum and even fewer palladium. But then neither of these are considered as being money in the mass concioiusness so its hard to make a case that it will emerge as money at some point. 

[FortNikitaBullion]

@orangedac Cool. Where is the top 1% line for gold? 1,000 ounces or so?

[orangedac]

@FortNikitaBullion

Problem with platinum is that nobody regards it as money and its somewhat illiquid. Palladium is even harder to get rid of.

What people don't want now is real estate.

One thing I'm certain of is that the enormous private debt outstanding is not going to be paid. This means at some point a Reset button is going to be hit. For that reason alone, I own more gold than 99% of the population. If indeed we move to a gold backed currency, I want to be that 1%.