Gold & Silver Q & A

[clarkkent]

i told my girlfriend to buy from MONEX since they seemed like one of the bigger legit sellers. can anyone verify that they are ok to buy from?

[Rocky_Shorz]

Originally Posted by clarkkent

i told my girlfriend to buy from MONEX since they seemed like one of the bigger legit sellers. can anyone verify that they are ok to buy from?

at this point you should drive down to a coin shop...

from what I've heard their turn around is pretty slow right now, depending on what happens with the market when it opens, you might want to get on the road early...

[lohiaaditya]

Hi Zynox,

Do you expect the gold to drop below 850$? I mean looking at the looming crisis, do you think that this is possible or it will only rise minus a negligible drop of a few dollars here and there. I bought gold the day before it went up $100. So now I am just wondering.

Thankx.

Aditya

[Zynox]

lohiaaditya,

I feel there will be a continual appreciation in value of all precious metals, and, most commodities, as the current global economic model and paradigm transitions. I use the term appreciation in value, because, if the US$ or other currencies depreciate say by a factor of 50%, and gold, as an example depreciated by 25%, then this is an appreciation in value of gold, in comparison to a particular paper currency.

I am converting my thinking, a day at a time, towards what will another sovereign individual be willing to mutually exchange for the resources I have accumulated, such as an acre of productive farmland for an ounce of gold, or an alternative energy creation for ten pieces of silver. I seek for precious metals to be a tool to facilitate these mutually beneficial exchanges.

I seek to extract myself, sequentially, from all levels of complicity in a banking and economic model that doesn't promote human growth, compassion and equal exchange. I feel this wave is here, and it will swell to wondrous proportions, with some challenges, and extreme benefit to humanity.

~ namaste ~

__________________________________________________ _______________________________
Please be advised that I am not any form of a professional or paid investment adviser and each individual reading or posting questions or answers is responsible for their own investment decisions.

[Zynox]

Precious Metals as Transitional Tools

There have been lots of public and private responses that nudge:

"You can't eat gold."
"You'll be a target with gold."
"No one will accept gold when it all collapses."
"You'll blow an gold ounce on a loaf of bread."

All these statements feel to need simple clear responses.

My philosophy, experience, intuition and common sense are that:

Anyone with any level of resource in a collapse and transition will be deemed a target to some psychopath on the path. There is no escape from this in this world.

Unless one decides to equip and use weapons, then there is nothing left to do beyond form a community of trusted sober folks and share with each other. Share skills, share cool heads, share ideas, share common sense, share resources, food, tools and precious metals as a reasonable barter facilitator.

The remaining three items above, are all actually tangents of the same topic, how can precious metals serve as an effective barter and wealth mechanism?

The answer is simple, and that is to apply common sense to the questions:

Have an appreciable diversity of sizes of gold and at least some silver coins.

An example might be to have ten 1/10 ounce gold coins, each currently 'worth' about $90 US. Add to this one hundred silver one ounce coins, each currently worth about $14 US. I would barter my '$14' silver for your loaf of bread and thank you, when I am hungry!

Review the history of mankind, especially the recent US depression (1933, not the current one!) and the Russian and Argentinian 'collapses'. In all of these cases there are narrated descriptions of how metal shined as a barter tool.

I welcome questions about how some nuances may work, but respectfully submit the nay sayers may find some interesting reading, if they will search the net with easy inquiries like "Gold" "Argentina Crash", etc.

As a final nugget, please consider why precious metals have so many associated negative attachments. It is my belief there has been a long endeavor by governments and their puppet masters to discount the utility and the neutrality of gold. It feels like a well orchestrated agenda going back at least 250 years, maybe much further.

So, why would they not want such a powerful tool to be publicly accepted? I'll leave that for imaginative contemplation.

To the nay sayers, are your impressions on gold and precious metals yours, or absorbed programming? If you are not certain, please at least read the following and identify yourself in the next post here, and state publicly:

WHAT KIND OF A DOOMER ARE YOU?
http://www.peakoilblues.com/blog/?p=194

At least when I know this, I'll be better equipped to relate to you, on your terms.

~ namaste ~

__________________________________________________ _______________________________
Please be advised that I am not any form of a professional or paid investment adviser and each individual reading or posting questions or answers is responsible for their own investment decisions.

I have invested in gold and silver. I travel and live in Shanghai china part of the year. I recently brought with me many of my gold coins in my pocket ( thanks george) and was not an issue in fact they did not even notice. I think traveling is ok at this time. Who knows what will happen if all hell breaks loose. I bring gold coins with me as a safe back up...just in case..i do not want to be trapped here in china is everything goes up in smoke....

stay positive

mm

[Zynox]

Originally Posted by sky

Yesterday I received Mahendra"s (financial astrologer) newsletter and he is predicting metals might loose up to 50% of their value from here! Hard to believe, but often he is been right in the long term. Do you know him?

I also want to keep some cash for now and am considering to exchange part of the euros in CHF, because I believe there might also come a meltdown of the euro. What is your opinion on the CHF, might that be a good choice also?

Sky,

I have read Mah's work and find it intriguing, and yet, as speculative info-bits, neutral I suppose. Many systems, many theories ... take and hold this perspective for a moment: What if he is right, and it goes to 50% and the fiat currencies all go to 25%, then metals are net ~ 100% ... this would not surprise me in the least.

I am not familiar with CHF, but if it any sort of a paper vehicle, well, paper seems to be a fire hazard, and they may all burn.

~ Namaste ~

[TAXMASTER]

here is mahendra's 2008 predictions: (does it sound familiar?)


KEY HIGHLIGHTS OF 2008 - Astrological predictions for world financial market of 2008



I always come out with yearly brief outlook in the first week of every New Year so my members can have a broad picture of the year. From 2001 to 2005 Metals, oil, commodity related stocks, weak dollar, coffee, and orange juice remained top in my list of my advice. 2006 Grains came in the top list with metals and oil. Everything went very well, as predicted, from 2001-2006 except for my stock market prediction was off-track.



In 2007 Dollar came in my list with alternative energy stocks. We all are aware that my favorite solar sector has done unbelievably well in 2007 but US dollar performed very poorly. On few occasions, commodity currencies had sudden corrections but over all I was absolutely wrong on Dollar prediction. I don’t want to cry on what already happened but it is always good that I shouldn’t forget about my wrong once because accurate and inaccurate both walk with you like train tracks.



Let us buckle up and go for a ride called “future of financial market of 2008”:



METALS

2008 holds mix trend for metals. From 14 of January metals will remain negative but from middle of February I see sharp rising in metals and upward trend shall continue till. From May 2008 metals will have negative trend and fall will be more than what they gained during Feb to Mid-March. From July to October, metals will trade weak but from Mid November through December metals will trade positive.



Metal stocks shall perform well in patches. First three month of year starting they will remain positive but from end of March metal stocks will have major setback. Except on few occasion they will rise during the pending seven months of 2008. So I don’t recommend investors to hold gold and silver stocks after Mid-March 2008.



ENERGY

2008 will remain unfavorable for energy from 4 of January. I don’t see any worst hurricane or weather related damage. Geo-political situation will remain unstable around the globe but it won’t have any major impact in oil prices so don’t buy oil you see uncertainty in middle-east, in fact rise oil prices in uncertainty should be taken as selling opportunity during 2008 Mid-March. On the down side I see oil going back to $68.80 and higher, it can touch $111.80 or may move higher till mid-March. Heating oil and RB gas to remain weak during 2008 but natural gas will surprise everybody by moving higher in second half of 2008.



From middle of 2008 one can buy natural gas and sell oil as a hedging will bring safe return.



GRAINS

During 2008, all grains will remain weak except corn. Soybean and soy bean products (soy oil and meal) will remain in bear market from 14 of January. Wheat will also move down in first half of 2008 but you can buy in second half of 2008 as wheat prices will move up sharply due to crop problem in Australia. I see Wheat moving to new high in second half and it may touch 1500. Canola and oat will remain weak during 2008.



SOFT COMMODITIES

Coffee and sugar is supposed to be my favorite in 2008, so one can keep accumulating the position if any drops come. Lumber and Orange juice will trade weak but we may see some volatility in prices of Cocoa.



STOCK MARKET

My outlook on USA stock market is very bullish during 2008. I see a huge amount of dollar inflow coming back from all different countries into the USA stock market. I highly recommend investors to withdraw money from all the developed countries markets and put the money in US stock market. During 2008 US stock market will outperform all other stock markets. India, China, Hong Kong, Australia, Singapore, Russia and South Korea will still remain in positive territory in second half of 2008 but they will lose value during the first four months of 2008. They will start losing value (except Russia) so simply one can start booking the profit in these markets starting week of the new year.



You all must be aware that I have been quite negative on European currencies and European stock markets as all major astrological combinations are moving away from Europe and that is the most concerning sign to me. I will not recommend anyone to invest heavily in European markets but one can buy sector specific area like alternative energy and uranium related stocks or stocks which support the nuclear power.



South American stock market will perform better then Asian and European markets.



African countries will not have a stable year in 2008 so my advice is to withdraw the money if someone is heavily invested in African countries.



My first target for Dow Jones is around 17,000 which should reach before the end of the year so those who want to buy the calls can make planning during the first week of January.



CURRENCIES

Dollar will remain in bull market and the journey for dollar will be very smooth without any obstacles. US Dollar should gain around 18% during 2008. All major currencies will have a setback against the US Dollar from Mid March except Japanese Yen and South American currencies. Euro, British Pound, Canadian Dollar and Australian Dollar will lose value quite sharply against the US dollar during the middle of the year. Indian Rupee, Chinese Yuan and Russian Rubble will remain stable.



If I have $100, I will put $45 in alternative energy areas like Solar, Bio-fuel, Geo-thermal, Cellulosic Ethanol, Wind and Nuclear. $15 I would put in banking and financial stocks, $10 I would put in commodity related stocks including Water and agriculture, and the remaining $30 I would put in wireless telecommunication, semi-conductor and the technology stocks. At the same time I would like to hold all the assets in US dollar.



GEO-POLITICAL SITUATION

During 2008, around the globe there will be political instability in each and every country. I do not see any major disaster like terrorist attacks so the violence will only occur due to the political reason in that country. I do not see any major natural disaster except there will be a big fire which will take place in USA again in 2008.



My newsletter will guide you on the short term trend because the trends mentioned above are just overall trend for 2008 but weekly and monthly trends or the price targets you will get in my newsletter.



Important golden note: Commodity market and commodity Index will move down from 4th of January as very important planetary movement is taking place. This one will only save you millions but it will make also millions. February and early March they will rise agains but from April they will lose value again.



I am also excited about my next book which is mostly covering all the markets as well as the world in brief. The book shall be out by the end of February.

after much reading and learning, I decided to finally purchase silver coins, the 2008 Canadian Maple Leaf with the 2010 Olympic. I ordered it through tulving. Thank you guys! I hope it was a good investment/insurance policy.


Also I been reading at how the Precious metal market might also be manipulated but I will ride this roller coaster out!!!

[Xmen442002]

Gold and silver will not save you from what is to come. How can you cash in so to speak if there is no currency to base the value of your gold on. This is going to be a global economic meltdown and it start right here in the US. Yes a new currency will arise out of this mess( probably a credit system, anyone remember Logan's Run)
There is no safe market in which to turn to.
When this does transpire, barter will be the only method of obtaining items of value.

Xmen

[Waterman]

Here is a source for outside US banking management, AND particularly if you want to do it very privately....contact these folks.

www.rayservers.com

I've done business with them they are honest.

Originally Posted by Xmen442002

Gold and silver will not save you from what is to come. How can you cash in so to speak

Very valid point... what will you do carry a file and scale to the grocery store to buy bread and milk? And how much Gold or silver do you file off for a loaf of bread?

Gold and Silver in bullion are great if you plan to leave a country and need portable assets that are not dependent on 'local currency' but then taking large amounts of bullion out of the country is illegal... (its one of the things that Hitler was 'upset' about at the Jews...)

Also if people know you have gold... you will be a target very quickly

When this does transpire, barter will be the only method of obtaining items of value.

Stockpile goods... make a list of
1) YOUR needs
2) Barter goods...

Even if NOTHING bad happens stockpile is a GOOD thing

1) If you buy in bulk when things are cheap (stuff that has a good shelf life) you can save TONS of money... for no other reason than saving money keeping a storefouse is a great idea

Example... Columbian coffee went on sale for 4.50 for a large can... we bought two years supply... Vacuum sealed cans... today that same coffee is selling fro 8.49...

2) In case of any emergency... weather, natural disaster, banks closing (WAMU) if you have a few months of food and water in the house... you will have time to think when things go bad... the Mormons insist that their people have a MINIMUM of a 72 hour kit on hand for each family member... on that you can grab on your way out the door in case of a New Orleans type situation

List of Items you should have...

Toilet Paper Sounds funny? Well when was the last time YOU went without it?

Coffee... if you drink it your addicted... if you don't it will be great for barter... same with alchohol... I even convinced a Mormon of this wisdom... because alchohol can always be used as an antiseptic as well as a pain killer

Aspirins... this is one medicine that is easy to keep long term, not a prescription and very inexpensive, but very useful

Water proof matches, Bic lighters

Hard Candies... again cheap and last forever... but great for barter...

Honey... lasts LITERALLY for ever... and has anti bacterial/antiseptic properties...

So make a list... think of things you couldn't live without.... then make a list of things the other guy would steal because HE can't live without

Oh and you need some protection and the will to use it... otherwise you will have many new friends and relatives visiting because YOU were smart enough to prepare...

One last thing a small deisel generator and a barrel of fuel (or one of those new solar powered generators)

[Zynox]

Originally Posted by zorgon

List of Items you should have...

Toilet Paper Sounds funny? Well when was the last time YOU went without it?

Zorgon,

After the recent hubbub on maindreams news outlets, my mother e-mailed that what she has on her list is toilet paper and pitchforks ... seems those memes are propagating quickly.

Remember when things were a little more balanced and the great painting of the american farm family with the elder male with a pitchfork proudly displayed? I'd prefer that the mass consciousness and collective be peace aligned, but we're in transition now, and many methods will be used to create the next age, may it be, golden!

Transition Tip #1 - Useless paper currency may be used as a replacement for toilet paper in need, since I haven't seen a Sears catalog in a long time.

~ namaste ~

Greetings!

This thread is interesting indeed, and have a few thoughts/questions of my own.

It seems to me that those who are investing in gold today, are those who feel it will bring some sort of economic security tomorrow - in a system that is merely an extension of what is already failing. Could precious metals be the way that the PTB keep those who see the insanity of the current paper currency debacle plugged into an economic system based on THIER control? Are the buyers of gold and silver today opening themselves up to the unpleasant scrutiny of the NWO tomorrow? Just a thought.

Will gold and silver be viable in the type of community we all seek (i.e., the "radiant zones")? Will it be a form of currency? Will it be an item of exchange? Or will it be the butt of jokes?

I am in no way attempting to insult, malign, or discredit the advice of George Green.

What do you all think? Should gold - beyond its value for conduction in microchips - be of any value to us in the future? If we do value it after a collapse, are we not buying into the same mentality that has been foisted on us for generations?

Peace, love, and funny colors to you all,

HistoryCircus - because history is full of clowns.

[Zynox]

Originally Posted by historycircus

Could precious metals be the way that the PTB keep those who see the insanity of the current paper currency debacle plugged into an economic system based on THIER control?

Will gold and silver be viable in the type of community we all seek (i.e., the "radiant zones")? Will it be a form of currency? Will it be an item of exchange? Or will it be the butt of jokes?

If we do value it after a collapse, are we not buying into the same mentality that has been foisted on us for generations?

Welcome HistoryCircus!

I have enjoyed our convergences on other threads and encourage your perspectives here, I have grokked a lot from our other exchanges, and enjoy the challenges you present.

I trust few politicians, and I work towards embracing the next phase of folks that serve as mediators and elders in a more rhizome type structure of nurturing management of the planet.

Ron Paul has said (link in previous post in this thread):

In Government We Trust? Part 1

"Many who agree with me on a lot of other issues, do not understand my enthusiasm for gold and sound money or why I spend so much time studying and talking about monetary policy. It's true that I talk about money differently than most, but the fact is sound money offers many benefits. For example – peace."

I deem peace as first priority, as without it, we can't solve poverty, economic challenges, education challenges or any other critical transition to golden age issues, because war is parasitic vamprism on ever conceivable level, so as Ron says, and I agree, step by step, honest restrictive healthier money, leads to peace. One of our critical first movements.

• They outlawed gold as money in the US for a reason, and then only re-instituted in a non-circulating fashion.

• They totally abandoned gold as a backing of the US$ for global trade balances.

• Gold restricted their plans, and we may use it as a tool towards peace.

Remove the noose before trying to step off the gallows.

~ namaste ~

They, they, THEY, Zynox (not Robert Heielen, he's OK in my book)!

Ron Paul is a joke (as a viable representative of the people given our current system, not as a human being. I personally like the guy . . .)!

What I am saying is that the "value" of gold comes from the likes of Them, them, THEM. What is gold really worth? Can you eat it? If you wear it, who notices, and then thinks you worthy of thier attention for doing so? If you spend it, who takes it as valid currency, and reports that they have done so to their superiors? If you reject it, who cares - other than the system that has told you you are crazy for doing so?

Eight years ago, an ounce of pot (the "controlled substance") was worth more than an ounce of gold (at least in Cali, and it had to be very good, quality pot) - verify through the HT THMQ index if you wish (I will not explain the acronyms - google, you will find). Now we are approaching a thousand bucks an ounce for gold. The same people behind the rise in value for this metal are the same people who will be there when you cash it in to take advantage of said value.

I respect you, and wish not to project an attitude of disrespect. Your opinions have value to me.

Peace and Love to you, our readers, and families.

[bilderburger w/cheese]

buying gold/silver:

apmex and tulving are reasonable and reliable according to the kitco gold forum members. monex is to AVOIDED.

https://www.kitcomm.com/forumdisplay...e=9&order=desc

the chip gold is an affordable idea, and its available at kitco. (if i recall, the members thought that kitco was okay. they seemed to be high on apmex and tulving for the best prices and service, though).

i have an order coming tomorrow from tulving, so i cant personally confirm nor deny that theyre great until i have the order in my hands.

Bilderburger with cheese,

While I feel your intentions, since you are here, are good, I can't help but lament your lack of sensitivity.

Gold, platinum, and silver will soon have no value, beyond use value.

Those who believe this will suffer immediately, and survive.

Those who don't will suffer later, survive, and encounter those who gave up on the so-called precious metals as a saviour long ago. For those looking to prolong your fate, be aware that not all groups on the "outside" will be interested in service-to-others.

"Liquidity" is a viable term. But it is what we choose to liquidize that determines the modus operandi of any society. Shall it be metal? Or shall it be our intent, our goals?

You decide.

[bilderburger w/cheese]

historycircus:

we are all here for the continuous sifting and winnowing of information until we find the most accurate answers to our dilemmas and questions. nothing was taken personally.

as far as gold and silver is concerned, you of all people know that throughout history, gold and silver have been highly valued. regardless of the century, gold and silver will still be worth something in the future.

platinum and palladium are meaningless to me, and i would never buy them since they, unlike gold and silver, are not harmonious with the human body. as a matter of fact, the .9999 silver that one may barter could be used in a silver colloid solution to treat infections or other maladies. its money AND a cure. as far as gold is concerned, ive read differing things on monoatomic gold and gold colloid. i dont have any conclusions thus far (if anyone does, id absolutely like to hear your findings).

its true that seeds and food will be of the highest value if the present economic situation takes a sharp turn downward into oblivion, but i dont believe it will get that bad (this isnt the thread to get into that, but id be happy to explain my projections if youd like off the board). i believe the economy will pick up eventually with a new currency. having gold and silver will cover me during that upheaval, and possibly allow me to trade my way to a safe location. its peace of mind.

its impossible to tell what the future will hold, but i like to cover all of the bases. food, water, and supplies are just as important to own as gold and silver; its just that this thread focuses only on the latter.

[Lance]

Having dealt with both cannabis, legally in Canada, and precious metals I'd like to chime in on this thread and say this. Cash is useless.
I have friends whom cultivate the very best cannabis, that will be a barter item in the near future.
That said.
I also have enough metals to cover the mortgage payments for the next 3 years. That is not all that much metal since I pay very little and cover the entire mortgage/tax/insurance payments with my rent. I would sincerely urge everyone to buy enough metals to stay put over the next three years.
The decision is yours of course, but we here at the 'idea' farm have been trying to allocate a small amount of currency into the best possible use. We've put up a greenhouse, grow alot of our own food and have about $30,000.00 in metals. We also ow guns, arte looking at buying Dexter cattle and doing other things. But if you have currency printed upon paper...it is worth the same as the paper would cost. Get out of paper yesterday.

As for Canuck metals dealers with inventory
sigh, maybe I shouldn't...
https://www.jandm.com/defaultsecure.htm

But I will because, because it really doesn't matter at this point. I have mine, I buy a bit here and there, but c'est la vie. Get it while and if you can.
The point of the metals being worthy come from our ancient seafaring/trading past and actually make sense once you've looked into it.
It's not a way to get rich, it's a way of avoiding being broke.

I hope that helps
I'd rather have my store of seeds (which I do and sell) than gold, but banks don't take them as trade. Keep te bank happy, keep the people that live on the farm happier........

Originally Posted by Lance

Having dealt with both cannabis, legally in Canada, and precious metals I'd like to chime in on this thread and say this. Cash is useless.
I have friends whom cultivate the very best cannabis, that will be a barter item in the near future.
That said.
I also have enough metals to cover the mortgage payments for the next 3 years. That is not all that much metal since I pay very little and cover the entire mortgage/tax/insurance payments with my rent. I would sincerely urge everyone to buy enough metals to stay put over the next three years.
The decision is yours of course, but we here at the 'idea' farm have been trying to allocate a small amount of currency into the best possible use. We've put up a greenhouse, grow alot of our own food and have about $30,000.00 in metals. We also ow guns, arte looking at buying Dexter cattle and doing other things. But if you have currency printed upon paper...it is worth the same as the paper would cost. Get out of paper yesterday.

As for Canuck metals dealers with inventory
sigh, maybe I shouldn't...
https://www.jandm.com/defaultsecure.htm

But I will because, because it really doesn't matter at this point. I have mine, I buy a bit here and there, but c'est la vie. Get it while and if you can.
The point of the metals being worthy come from our ancient seafaring/trading past and actually make sense once you've looked into it.
It's not a way to get rich, it's a way of avoiding being broke.

I hope that helps
I'd rather have my store of seeds (which I do and sell) than gold, but banks don't take them as trade. Keep te bank happy, keep the people that live on the farm happier........

As a businessman with viable interests, you shouldn't have posted this.

But here you are, spooks be damned, eh?

But I will say, old pirates and Acadians can cleanse themselves afterwards, that we are on the verge of a new way. If you come to a "radiant zone" with pockets full of gold, remember, they will take you anyway - your gold means nothing.

But when you trade that gold to eat for a day, a week, or a month, remember these words: life is free - we pay for ********.

I do not mean any disrespect, and I wish you, and all you know love, peace, and happiness.

[Lance]

Originally Posted by historycircus

As a businessman with viable interests, you shouldn't have posted this.

But here you are, spooks be damned, eh?

But I will say, old pirates and Acadians can cleanse themselves afterwards, that we are on the verge of a new way. If you come to a "radiant zone" with pockets full of gold, remember, they will take you anyway - your gold means nothing.

But when you trade that gold to eat for a day, a week, or a month, remember these words: life is free - we pay for ********.

I do not mean any disrespect, and I wish you, and all you know love, peace, and happiness.

Fear is failure and the forerunner of failure my friend. Spooks be damned in deed, if I ain't on a 'list' I've been asleep at the wheel. Gold means the difference between having a payment to keep my Permaculture functioning and NOT. It means the difference between exchanging the 1/2 bison I buy a year to feed the masses whom keep showing up at my door, and NOT feeding them (I'm partially transitioned to metals based economics).

Our accountant only accepts silver. My family (which includes the aforementioned masses of about 20) buys organic, within the '100 mile diet' cheese where I mail off silver to purchase it. Believe it or not, I just bought a book with silver online from some guy whom thought it archaic, but said okay anyways. Pretty soon, I'll be buying my smokes until I grow enough tobacco and learn to transition to a pipe, with silver as my local 'general store' is gearing up to take silver.

So, I pay for my life with the metals un-dug by others and NOT hoarded them for tomorrow. I use them and encourage others to do so. All in all it is a very stupid commodity to trade for sure. Metals are a 'free trade, globalist' commodity. LETS, and other cystems (sic) are way better for community trading http://www.monetary.org/ But at the End of the Age of Empire, we shall all do what we can to further the idea of co-designing reality.

I have palladium because it looks favourable in cold-fusion. I have platinum because it is so friggin volatile on the market. In fact, I sold 50 ounces of platinum that I bought for a few hundred bucks an ounce in 1995 for a whole lotta money (I retired from a 'job' and went into non-paying Permaculture shortly afterwords) a while ago when it hit $2000.00 an ounce.
Not a bit of a dunce move there, tug me forelock to 'meself and give kudo's to me advisors.....(sic).

To be even more honest, I own a cannabis website (or my 7 year old does anyways) and the PTw be damned the best thing to have on hand is a viable cannabis seed collection that will actually seed in your locale. I don't advertise much but I own http://cannabis-world.org/. I had a license from my guvmint but threw it out and am more than willing to take on any yokel RCMP whom try and screw around with my life. I was robbed once, at gunpoint, while FULLY licensed, in front of my then 5 year old...screw the cystem (sic).

The ONLY difference between hemp and 'marihuana' (sic) is in the breeding. They are simply different cultivars of the same species. And here is the breakdown of WHY they are illegal. We here in BC have overgrown our guvmint and be damned with 'security' man. This is a crisis and people need to know how to protect themselves with knowledge.

http://www.manitobaharvest.com/nutrition/

I still stick with get enough precious metals, focusing on the monetary metals, gold and silver, to pay your mortgage off for 3 years, your hydro payments for three years etc. Any more IS hoarding a commodity-like thing that should be in motion.

Once upon a time....

In the USA it was ILLEGAL to own Gold Bullion

What IF the PTB bring back that law?

[Lance]

Originally Posted by zorgon

Once upon a time....

In the USA it was ILLEGAL to own Gold Bullion

What IF the PTB bring back that law?

I 'ain't merican'....so be it. And really, it's a transitional metal really, good for going far and wide, but almost useless at home. It's not about the legality (snicker) it's about the ability to say....buy Amero's if that's what coming into vogue with the PTw. It's the ability to travel world wide with, it's about owning a piece of history in a made up, screwed up world.

The amount of gold circulating in the US right now isn't going to become a legal issue since it is a very, very, very small number of people whom hold actual metal in the US (I'm soooo glad I'm person non-grata in that place).

This is a dead end argument for non-metals backed currency of any type. Who really cares what ANY guvmint says or does anymore? We are well beyond the tipping point for 'next?!' to happen at this point. Ask the South Africans whom got out before the nightmare of the ANC took over how they transfered their wealth...metals, the Rand has pretty much collapsed (not to te extent of the Zimbabwean currency but getting there). Ask the Russians how they preserved their welath...gold, silver and foreign currency. Etc and etc ad nauseum.

In 1991 I sponsored a 'former Yugoslavian' family to come to Canada. I recently asked my friend about the times there and she stated that she and her family lived off of a smallish gold coin collection as they were readying to leave during the NATO frickup of that place. When they got smuggled to Austria they used Gold to live for a week, when they next went to Amsterdam, they lived on Gold for a week, when they first came to Canuckistan they lived off the last coins....2 ounces of gold got them through.

It's beyond the pale of the AmerEmpire to screw with the status of metals.
The AmerEmpire is taking us all down with it and I'd rather hold metals than FRN's. Or 'loonies', in my case or instance.

Lance and Bildeburger w/cheese (I love that name by the way!),

For the short term utility of precious metals, I am in total agreement with you - I think we differ in our long-range assumptions of what our futures hold.

And, you can bet your (rock) bottom dollar that the government is keeping tabs on where the gold is flowing to - are there SECURITY concerns one should consider before metals investment? For those who are taking the advice of Green and others, who have no problem in participating in a future economy based on the same principles (just different tools) of the old, are those folks opening themselves up to unpleasant government scrutiny? If China and Russia do dump the floating basket and get back to metals (which I seriously doubt they will), would that cause the U.S. government to enact limitations/restrictions/confiscations?