Old Project Avalon Forum (ARCHIVE) - View Single Post - people being herded into gold for the kill?

RubyTuesday · 11-11-2008, 03:42 PM

Put your money in food first- I agree w/that wholeheartedly. You can't eat gold.

That said, if you have your food supply and also have a bunch of federal reserve notes sitting around I'd put my money in a precious metal before leaving it in dollars. The dollar has decreased in value 96% since 1913. An ounce of gold will buy pretty much the same stuff it bought in 1913. A dollar will not. It seems to me the dollar is being intentionally crashed for global currency or whatever purpose they have these days. Even if there is deflation and your gold loses value it is still worth something. The dollar may not be so lucky. Anyone read up on the Weimar Republic?

11-11-2008, 03:42 PM	#25
RubyTuesday Avalon Senior Member Join Date: Sep 2008 Posts: 224	Re: people being herded into gold for the kill? Put your money in food first- I agree w/that wholeheartedly. You can't eat gold. That said, if you have your food supply and also have a bunch of federal reserve notes sitting around I'd put my money in a precious metal before leaving it in dollars. The dollar has decreased in value 96% since 1913. An ounce of gold will buy pretty much the same stuff it bought in 1913. A dollar will not. It seems to me the dollar is being intentionally crashed for global currency or whatever purpose they have these days. Even if there is deflation and your gold loses value it is still worth something. The dollar may not be so lucky. Anyone read up on the Weimar Republic?