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Video for you Gold/Silver Bugs out there
Posted March 2nd, 2008 by jmhenderson
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tried to watch this
It looks like a regional multilevel sales video. I had to bail out after a few minutes.
It is a WONDERFULL Day!!
I love to here people panic on a big correction....So La La La...I am buying more and more....La La La Buy more silver and gold.
Will you people please keep selling so the price will go down further...I need to shift some more money in.
Thank You!
Great buying opportunity again
I was thinking the same thing, I want to buy as much as I can right now and I honestly hope that the price of gold/silver plummets so I can hoard even more.
i wish id gotten out sooner
gold dropped another $30 today, down over $100 from its peak.
you're funny
Trade if you wish - most people who attempt to trade lose big time. I want to own more - I'm accumulating, and I have been since 1977. The FRN price doesn't really matter.
Unit of Measure
As long as you continue to use FRNs as the measuring stick, you'll be throttled back and forth as to the "value" of precious metals.
Once you come to the realization that the metals themselves are the true yardsticks, you'll be able to relax and breathe again.
Gotten OUT?????
Are you ready to sell.....let me know... I AM BUYING!!!!!
Oh, goodness! Don't take it personally!
For me, Robert K. refers to people who refuse to learn...That is ignorance! And that in the end will make anyone a loser...Harsh words, but true...and that ain't us, folks! That ain't us! Don't we all feel that overwhelming frustration when we attempt to share the insights we've gained by learning from and about Ron Paul?
Seems to me this site overflows with people hungry for knowledge, information, wisdom--and people who share what they have, which fills me with gratitude! Thank you to Paul Revere for posting that last link--it was great! I just bought 10 silver coins off of G. Edward Griffin's site, and because of this video, I'm going to get my butt in gear and find other avenues for getting my hands on silver! Mike Maloney's talk was so educational! I just loved it!
Never mind the off hand comments! Take the advice and start building your ark!
Thanks!!! I have been
Thanks!!! I have been wondering when to get out of silver!
Yeah, sure
Get out of silver and get some fiat dollars... yeah, sounds like a smart move, especially when there isn't gonna be dollars soon. You'll need that silver to survive on when no one accepts the dollars anymore... does anyone get that? Geesh...
would have been a goo dtime
march 3 would have been a great day to get out of gold, now its falling fast.
get out of silver... ???
you have got to be kidding me....
Eastern Oregon is Ron Paul Country!
you have to know when to get
you have to know when to get out. It will only go up for so long before it starts going back down. Did you watch the video?
he said to get out when 500 oz silver can buy you a house.
How do you avoid taxes though?
Gold and silver are taxed at 28% if you convert them to dollars.
When I bought silver eagles recently they told me it
wouldn't be taxed as income when I sell it, but if I bought foreign stuff like maple leaves, it would be. Does anyone know about this?
Ron paul recently went
Ron paul recently went before congress to try and remove those taxes from silver and gold. He is trying to help us out. He knows that selling silver and gold is not income.
Also, by the time you will need to sell/trade silver who knows what will be going on. If ebay is still around you can always sell on there.
Also, at the peek of silver prices, there will be HUGE demand for it and you can probably find an individual to buy from you.
Still a problem though
Let's say the price of silver rises to $100 an ounce, and you are ready to sell 500 oz to buy a house. You would have to sell it off gradually or else the government would see that you basically got $500k out of thin air. I personally own physical gold and silver, but I can see this being a problem when I do decide to cash out.
50k...
not 500k..
using the buy a house rule of thumb... i would say silver has a long way to go...
if anything--- as someone else posted here--- when it gets high enough- and there is a demand for it-- sell out pay all debt and relax...
i think though that with our current energy crisis-- and world economy...
we may never be out of recession/depression...
Eastern Oregon is Ron Paul Country!
To buy a $200.000 house with 500 oz of silver, Ag would have
to go to $400 an oz, or the price of the house would have to drop substantially. I know the guy in the video said we should be able to buy a house if we can put $8,000 aside (now it would be $10,000) now. Is he counting on silver going to hundreds of dollars an ounce, or real estate prices dropping, or both?
Both, the housing bubble is
Both, the housing bubble is still deflating. There are around 200k built houses in the US not sold, another 100k still being built and 200k used houses unsold on the market. That is the most since they started keeping track.
Housing prices are going to keep going down while silver goes up. A house that would have cost $200,000 a year ago might cost only $150,000 in a couple years. Or maybe even less.
trading
I hope to NEVER sell my precious metals. If I'm selling, the shit has hit the fan and I'm trading for needed goods. It's my insurance, not a day trading vehicle.
Holding
I still have a mortgage, so I'll be watching to see if and when there might be an opportunity to redeem a portion and completely eliminate my debt. I'm not counting on that to happen, however. I buy PMs to hold.
Me too.
.
Rich Dad is an ASSHOLE
Yeah, he is a rich man, but he is a real jerk. I've watched his videos and watched him turn into a real self centered rich pig. I served a lot of his type at country clubs where people are segregated into classes and the whole system stinks. So enjoy his advise. He gives good advise, just too bad all his money hasn't helped him become a better human being. I'd rather live off the grid and help my neighbor.
actually, his ideas on flipping real estate have
now caused a lot of pain out there. Anyone spouting crap on infomercials should not be who you rely on for investment advice, period.
He really is pompous but right
You are right. I was disgusted at how all of these 'rich' guys were laughing about the impending crisis. That made me sick. However, I was also listening and all ears. I take what he says very seriously. I have been reading more about this and know how important it is to view money very differently. So, ignore how much you dislike him but listen to him. Also realize that it is only the rich who are going to be able to help when the crisis really hits. I want to be one of those people and not someone on the streets begging.
I also didn't like how he claims that Ron Paul isn't charismatic enough to get the job done even though he knows what he is talking about. If Americans are that stupid, then too bad. But I believe he is charismatic. His presence is very energizing so he still has a chance. God bless Ron Paul.
Healthnuttie for Ron Paul
did you watch the video?
if not- watch the last video:
http://link.brightcove.co...
Eastern Oregon is Ron Paul Country!
He may be an asshole
but he is correct on at least one thing, and that is the consequence of the currency crisis for the middle class. Slaughter. RP knows this. I'm assuming that 99% of the people here at DP are part of the group intended to be wiped out. The reason I like to participate in economic and financial discussions here at DP is because people need to understand that you can protect yourself. Rich Daddy is in the business of franchising financial education. Don't pay him for the education you can get for free right here. I thought Mike Maloney's clip was pretty good (it's the last one).
pretty good?????
that last video was incredible...
i recommend showing this to anyone you care for and love...
this is the direct link to it...
if this short piece does not line you out on the crisis we face- and give you the historical background-- nothing will---
i for one am buying silver tomorrow...
http://link.brightcove.co...
Eastern Oregon is Ron Paul Country!
You are SO RIGHT. . .
about the last clip being the best one. And I agree with everything YOU said. Rich Daddy's franchise group called me and we had a lively discussion about how a person can be "helped" to make money, but of course they wanted $4000.00 to buy into their "plan." ha ha ha
The last clip is great, and there is another clip with the same man interviewing Ron Paul on UTUBE. He was VERY EXCITED to talk to a politition who UNDERSTANDS economics.
All I am saying is that I am disappointed to see Rich Daddy become such a cold inhuman gold digger.
$4,000.00?
Audacious! He made some comments that turned me off. He refers to anyone without a financial education as a LOSER. We've all been there, we're not born with that kind of knowledge, and it takes some people longer than others to get there. I think of myself when I was 20 years old and thank the benevolence of the universe that I survived my own ignorance! He also talked about being in leveraged commercial real estate and stocks, which heartened me somewhat. Maybe HIS greedy ass will get wiped out as a result of holding paper assets!