Go Back   Old Project Avalon Forum (ARCHIVE) > Project Avalon Forum > Project Avalon > Economy and Currency

Notices

Reply
 
Thread Tools Display Modes
Old 11-11-2008, 05:27 AM   #1
ralok_j
Avalon Senior Member
 
Join Date: Sep 2008
Posts: 124
Default Re: people being herded into gold for the kill?

Quote:
Originally Posted by strayslack View Post
I've wondered the same thing for a while. What happens to your credit card debt if it all goes into the crapper? I mean, can they take your home from you if you can't pay your credit card bill? If the blood from a turnip maxim holds true, what can they do about your cc debt? Repossession of assets?
Get a judgment, go after your assets, garnish your wages.
ralok_j is offline   Reply With Quote
Old 11-11-2008, 06:01 AM   #2
Kelphi
Avalon Senior Member
 
Join Date: Sep 2008
Posts: 107
Default Re: people being herded into gold for the kill?

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.
Kelphi is offline   Reply With Quote
Old 11-11-2008, 02:02 PM   #3
TAXMASTER
Avalon Senior Member
 
Join Date: Sep 2008
Location: Terre Haute, Indiana
Posts: 117
Default Re: people being herded into gold for the kill?

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'
TAXMASTER is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 08:35 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Project Avalon