How Valuable is Gold and Silver Really Going to be in a SHTF Scenario? (Read 24404 times)

armsinc

Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
« Reply #40 on: January 22, 2013, 06:13:08 AM »
As my dad always told me to invest in 3G's for when times get rough God, Gold, Guns....
ArmsInc Hawaii

Aiea78

  • Trade Count: (+10)
  • Hero Member
  • *****
  • Posts: 1687
  • Total likes: 99
  • Grab em by the handles
  • Referrals: 1
    • View Profile
Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
« Reply #41 on: January 23, 2013, 11:53:04 PM »
Here's one guy that went through TSHTF in Argentina collapse.   Great blog.

http://ferfal.blogspot.com/2010/11/cash-and-precious-metals-their-role.html

Assault Rifle? What I have here is an Anti-Assault Rifle.
Proud Member 2016 2a Day Dozen open holster carry crew yo

mln41

Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
« Reply #42 on: January 27, 2013, 08:15:10 AM »
http://www.lombardifinancial.com/reports/JudgmentDayProfitLetter/102912/Landing/indexc.php?dept=PC&sb=NMMAINT&sdate=01272013&ssplit=-1

Interesting article. Most of you probabaly already have read similar article.  Don't buy the program just read the letter
King James Bible (Cambridge Ed.) Psalm 23:4
Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.

wirecounter

Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
« Reply #43 on: January 27, 2013, 11:03:24 AM »
http://www.lombardifinancial.com/reports/JudgmentDayProfitLetter/102912/Landing/indexc.php?dept=PC&sb=NMMAINT&sdate=01272013&ssplit=-1

Interesting article. Most of you probabaly already have read similar article.  Don't buy the program just read the letter

Interesting read indeed.  It is funny, though, that after the author spends so much time spelling out why the dollar is doomed, he starts talking about buying his stock recommendations.   :rofl: :rofl: :rofl:

So what if your stock "investment" increases in dollar value by 50%.  It will be completely worthless when the hyperinflation he talks about hits.

mln41

Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
« Reply #44 on: January 27, 2013, 12:49:57 PM »
Interesting read indeed.  It is funny, though, that after the author spends so much time spelling out why the dollar is doomed, he starts talking about buying his stock recommendations.   :rofl: :rofl: :rofl:

So what if your stock "investment" increases in dollar value by 50%.  It will be completely worthless when the hyperinflation he talks about hits.


I didn't pay much attention to what his investments were.   Was it stocks or possible gold and silver or possibly other currencies ?
King James Bible (Cambridge Ed.) Psalm 23:4
Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.

wirecounter

Re: How Valuable is Gold and Silver Really Going to be in a SHTF Scenario?
« Reply #45 on: January 27, 2013, 03:20:22 PM »

I didn't pay much attention to what his investments were.   Was it stocks or possible gold and silver or possibly other currencies ?

I glanced through them & he mentioned stocks/mutual funds of foreign companies and silver mining company stocks.  I didn't see mention of purchasing physical gold/silver or other currencies . . . kinda expected that as no need to purchase his news letter to do this.

I was surprised that there was no mention of our fractional reserve banking system which literally creates money out of thin air or more appropriately for our day & age - out of electrons.