Buy Gold, Buy Silver, and please dump your dollars...
Submitted by Tessie101 on Tue, 09/22/2009 - 22:39
Look how our dollar is doing. It is virtually worthless. Stock up on commodities, and things you can use to sustain yourself, and your loved ones on. Look at the dollar fall:
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But the question is..
if u don´t hold dollars, is it still good to buy metals..??
/Mike
Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg
/Mike
Front Fell Off
http://www.youtube.com/watch?v=WcU4t6zRAKg
Jim Rogers issues the call...
http://www.lewrockwell.com/rogers-j/rogers-j38.1.html
broken below 76 @ midnight!
75.93 and looking at a steep downward graph!
ouch, it hurts to look at it
http://www.goldseek.com/quotes/charts/usdollar/usdollarindex...
i think i will restock some of my foodstuffs tomorrow!
O Captain, My Captain, rise up and hear the bells!
its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
Remember..
...it went as low as 70 last summer and recovered.
Nobody wants to see the dollar crash more than I do (as that may be the opportunity to form a truly free market anarchist society of equals) but these things can take a long time to play out.
My worst fear is that after a few more years of ups and downs the statists might regain their footing and it'll be back to the slow boil for us frogs.
Ron Paul Explorer: The All Paul Search Engine
one thing I want you guys to
one thing I want you guys to look at...... the dollar has lost almost a full point in 24 hours.. we should have seen gold up 25.00 to 30.00 bucks.. instead we got what 12.00? do you know the reason why? look at the cots.. the 1 or 3 large US banks have a record number of short contracts on the gold and silver market.. last time this happened gold went from over a 1000 to 800 and silver went from 21 to 8.... that was when goldman sachs and 2 or 3 other banks could manipulate the market.. now they are going up against China.. China has figured it out that if they pull their physical gold and silver from London and the US, the banks have no silver or gold to give to those who want to take delivery.. the shorts are getting squeezed... this is gonna get good!
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
bad_karma...
Tomorrow will be the day, watch and see. The shorts will be there for all to see. The Comex may have problems tomorrow...
tomorrow?
really? this would be the day i and probably 95% of DP'ers have been waiying for.
karma: you are right about that. Minimal increase so far.
Metal Bid Ask
Gold $1,017.50 $1,018.50 up3.00
Silver $17.18 $17.23 up 0.11
Platinum $1,332.70 $1,342.70 up 2.50
Palladium $301.50 $306.50 up 3.10
Updated:9/22/2009 11:25:50 PM CST
"Whenever I despair, I
"Whenever I despair, I remember that the way of truth and love has always won. There may be tyrants and murderers, and for a time, they may seem invincible, but in the end, they always fail. Think of it: always"
Gandhi
"Liberty tastes sweetest to those who fight for it, and most bitter to those who work to deny it!"
LearnRonPaul
For those wanting to keep
For those wanting to keep some cash, you can keep it in Japanese Yen by buying the stock symbol FXY. Peter Schiff recommends Japanese Yen as the most stable currency.
Not so.
The yen is an odd duck, and goes counter to the other currencies, including the dollar. I disagree with Schiff. I was in yen for 6 months and lost a little. It just doesn't move much.
The strongest currencies now are: the Australian Dollar, the NZ dollar, the Swiss Franc, the Euro, the Swedish Krone and the Swedish Krona.
I don't have any gold or silver, but I have done quite well in some of the above currencies.
You can open an account at Everbank.com and buy different individual currencies or 'baskets' - where 3 or 4 currencies are combined in one trade. You can sign up for their free newsletter, The Daily Pfennig. It is just great and fun to read, too.
I'm
I'm doing my best with that.
Right on gavination...
that is all we can really do. Be prepared, and hope that you make the right decisions, I just try to inform others about the truth. Glad to hear you are listening, and doing the right things.
i
i started purchasing silver in 2007 after i discovered Dr. Paul. I found him just in time. i lost my job in fall of 08, though i got pretty well prepared in that one year while i was still making good money. I landed a job this past spring, it was a hefty pay cut, but its stable, close to home, and its about the most fun job ive ever had. i allot some FRN's every paycheck to trade for silver. its such a steal. worthless paper for a semi rare precious metal that the chinese are now drooling over. thank the good lord for Dr. Paul.
I hope people had started
I hope people had started doing this 2 years ago... slowly bur surly... I hope people were not listening to jzneff, jeff34560987 and a few others.. same thing with prechter.. prechter has the crash thing right, but not the metals thing..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
You did your best trying to
You did your best trying to educate them BK over the last couple of years with some support from a few of us so sleep easy.
-----
End The Fat
70 pounds lost and counting! Get in shape for the revolution!
Get Prepared!
-----
End The Fat
70 pounds lost and counting! Get in shape for the revolution!
Get Prepared!
bad_karma...
The Chinese are in control, and unfortunately for the US they have it right. The Chinese Yuan backed by gold will be the next reserve currency, along with approximately 5 others. The US dollar will be in the background, and it will all be due to greed, and over extention of credit via the Elite, Wall Street, and the Bankers. Mark my words, this time next year the dollar will be something of the past, because it was worthless, and backed by nothing, this I do know.
.52 to .42 that is where I
.52 to .42 that is where I think it will be..
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
I agree with you bad_karma...
.52 to .42 sounds about right....Okay have to go to bed, night all. hugs.
The dollar is being trashed and thrashed.
That is a terrible chart with still more room to decrease. Where is the bottom? Zero, I'm afraid.
In case anyone is looking to buy some Silver, APMEX is having a sale.
Check it out, some silver as low as 10 cents below spot.
I have bought from them before, and they are great.
https://www.apmex.com/Default.aspx
Are the coins in new
Are the coins in new condition?
The coins at 10% below spot
The coins at 10% below spot are circulated pre-1965 dimes and quarters.
Their gold bullion sale
Their gold bullion sale looked so good I wondered if the coins were in new condition, but I see their shipping is 3% of subtotal for orders under $25,000.
SteveMT...
Make sure you have physical possession of your gold, and silver. Paper Gold and silver is no different than the fake FRN that the Treasury is printing okay...
Thanks Tessie.
Believe me, it is safe and in my possession.
That is the only way these days.
Hugs to you SteveMt...
Will chat with you soon I hope....I need to get to bed, night...
when China and other nations
when China and other nations are doing this they are doing it for a reason.. they want control over thier own phjysical metals for a reason.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Good Advice! ----- End The
Good Advice!
-----
End The Fat
70 pounds lost and counting! Get in shape for the revolution!
Get Prepared!
-----
End The Fat
70 pounds lost and counting! Get in shape for the revolution!
Get Prepared!
hawkiye...
You and I have not always agreed on things, but I will say this is one thing you and I do agree with, and with heart...End the Fed, and going to a sound monetary system is key...