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 DO NOT buy gold and silver!
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theo
Penny Hoarding Member


USA
588 Posts

Posted - 08/27/2010 :  16:48:24  Show Profile Send theo a Private Message
You must be logged in to see this link.

I thought his "Titanic" analogy was brillant.

harper
Penny Sorter Member



USA
25 Posts

Posted - 08/27/2010 :  17:04:14  Show Profile Send harper a Private Message
what a goof. i have not heard anyone here, or elsewhere advocating ag or au in lieu of preps other than investment type sheeple shows. so, all his dramatics are basically saying prep first, then diversify investments.
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Delawhere Jack
1000+ Penny Miser Member



USA
1680 Posts

Posted - 08/27/2010 :  18:14:19  Show Profile Send Delawhere Jack a Private Message
Inner-tubes? Inner-webs? Hey, I work in IT, but these terms are new to me, must be some real bleeding edge jargon, like "IP Space", "Convergence" and "The Cloud".

(sarc off)

I'm in the process of producing my own 24 part Youtube series of ME pontificating about AU, AG, the Oconomy, etc. However, unlike M0nt@gr@ph, I plan to wear Groucho Marx glasses and mustache to befuddle the facial r@c0gn1t10n software....

(sarc off... for real)

Yeah, don't go overboard on PM's.


"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." Thomas Jefferson


Edited by - Delawhere Jack on 08/27/2010 18:15:11
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jonflyfish
Penny Hoarding Member



USA
693 Posts

Posted - 08/27/2010 :  22:34:01  Show Profile  Send jonflyfish a Yahoo! Message Send jonflyfish a Private Message
Total moron on this "innerTube" LOL! He misses the boat entirely by suggesting that gold nor silver is a RPG to fire at "them" when they come charging.
He repeats the "tell me in detail how gold and silver will help you if the financial system collapses". It is too simple to answer. As a monetary base, everything he has would be completely worthless in his scenario. Once the new system is established and functional, there will be a price for gold and silver just as there has been throughout human history. His stack of paper money bundle would simply be no more useful than any other fire log for the stove. So go hold up your gold and silver and wave it around in the window to him after his fully collapsing scenario gets restored and he passes by your house in his shopping cart mobile home. LOL

The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
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theo
Penny Hoarding Member



USA
588 Posts

Posted - 08/28/2010 :  20:47:17  Show Profile Send theo a Private Message
Listening to him I'm reminded of a quote I once heard:

"The trouble with the world is that the stupid are c**ksure and the intelligent are full of doubt.

- Bertrand Russell

Edited by - theo on 08/28/2010 20:50:11
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Beau
Penny Pincher Member



216 Posts

Posted - 08/29/2010 :  01:00:39  Show Profile Send Beau a Private Message
yea don`t buy gold and silver!
there will be more for me to buy.
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MichaelOnion
Penny Pincher Member



USA
105 Posts

Posted - 09/04/2010 :  20:53:29  Show Profile Send MichaelOnion a Private Message
Wish I had the last 5 min of my life back. What a waste of time.

___
-M
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