Why you should invest in precious metals

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Uploaded by on Feb 11, 2010

When paper money is devalued what will you have to trade for goods or services. Trust in Gold, silver, platinum, palladium, copper, nickel, aluminum, brass, lead ;-) its all good! I do not own any of this video all credit goes to its makers. The full video can be seen here www.youtube.com/watch?v=xbUIlH0stSc

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Uploader Comments (D33Lux)

  • so, Zimbabwe paid imf debt by printing money. cool, now the people need to have gold to survive. call me crazy, but I think Zimbabweans have good experience of how valuable gold is.

  • @eflip1 Yes, we are seeing how truly things work in the world. Gold is not valuable because we say so, supply and demand dictate value. Off topic, I was recently looking to purchase a hard drive for my computer, back in mid September I bought a 1 tb external drive for $55. In October a flood hit Thailand & wiped out Western Digital now hard drives are over $120...supply & demand. Look at the new vid I uploaded, the FED admits they have no physical gold! Guess where prices are going ^

  • The only thing with investing in precious metals is when the economic market recovers these prices will come down, now they may not crash but it will take some time for them to get back to where they where bought at,. That's where forward buying gets us,

  • @sween187Metals can never go to zero they have both monetary & industrial uses. Only if there's nuclear war & everything is destroyed we won't need them we'd be dead. I've been thinking a few things lately.People are saying we need a gold/silver standard, who owns all the gold/silver? who owns all the oil? There's no point in having a backed currency if the corrupt one's are still in power & own it all...its still a rat race amongst ourselves, we need to get rid of the oligarchs!

  • the IMF is destroying countries

  • @NYWAORCANZ and lives!

Top Comments

  • Wow this is so bizarre. It looks like the ending to the story that the U.S. is beginning.

  • @222Adamhilton I disagree with it being a suckers bet, keeping your money in the bank is a suckers bet. People pensions are being lost, inflation eats your saving & an eventual currency collapse will happen due to debt. I'm well diversified, I don't trust one thing. If you want to survive you need to learn to adapt & learn how to survive in every situation possible. Water, food, gold/silver, guns, land...its ALL important. No one has a crystal ball, the future is not set with certainty.

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  • harvest energy and food.... teach others to do so and YOU will have all you ever need in this world....and so will others .... decentralize EVERYTHING the powers that be' own... quit making things valuable for them.... while they destroy most of us and our life support systems

  • @D33Lux I never said they would go to zero just get devalued as it is the demand of people buying it at the moment putting the price up, However i do agree about getting rid of the oligarchs, but at the moment it is cheaper to process oil rather that synthesize it. We need to switch to things like ethanol powered cars etc, as with a few simple conversions a petrol car can run on it ( less polluting lowering carbon tax) thus taking the power from the fat cats

  • nice one bro, marc faber is the man, switzerland is ace

  • @riffmaster56 you hit the nail on the head......the problem is the fact that damn near everyone's answer to your logic is "not in my lifetime" or "dude what if the sky was to fall tomorrow.....live your life" smh

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