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#1 | |
Avalon Senior Member
Join Date: Sep 2008
Posts: 124
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#2 |
Avalon Senior Member
Join Date: Sep 2008
Posts: 107
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The thing is if you are starving you would give an oz of gold away for a piece of bread. So don't buy gold. Buy food and supplies. And don't take someone else's gold either for food or anything else. Feed him freely or perhaps boarder for supplies or services.
If you encounter me out there I will have food and water but I will not take gold for it, but rather something else of good use. Gold will be of no use. Food, fuel, wood, water, clothing, tools, seeds, etc. Folks this is the end of the road. Where we are going we can not take gold. |
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#3 |
Avalon Senior Member
Join Date: Sep 2008
Location: Terre Haute, Indiana
Posts: 117
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greetings,
as a student of precious metals, let me say this; for every chart interpreted one way, you can find 5 different opinions disagreeing. i think you will see that most of those that say gold will go down to $500, they also say that when hyperinflation starts, it will shoot up almost overnight. So do not buy gold to make money, buy to preserve wealth in the long run. most of you that say that food is more valuable than gold, you are correct in a manner of speaking. i do not believe our civilization will get so primitive that gold will not have value. it is easily transportable and widely acceptable as a universal system of currency. i don't see the central banks stuffing seeds in their vaults. Namaste' |
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