Maybe Im starting to seriously think owning phisical gold is the way to go!

[BTO_farmall]

SlackAlice,

I GuaranF#ckinTee Yous, That Gold Stuck In a Vault Somewhere, Will Never, and I Mean NEVER Be Recoverable When The Collapse Finally Happens, How Naive of You Ta Think Any Different - Dumb A$$!!!!!!! Say, How That Colony Comin in The Hood Anyway!!!!!!!!!!!


Tubby,

To This Date There Been Roughly 160,000 Tons of Gold Found World Wide, Don't Know Where Yer Gettin Those Numbers From!!!!!!!

[tubs]

thanks bto i thought that number was awfull low that was cbc

[errolanderson]

would buy gold if inflation was actually a risk, but the opposite is true. too many gold bulls are getting their ass kicked and the bloodletting likely isn't over for 2013.

as the old saying goes . . . when everyone is running . . . walk.

[cottonpicken]

Guess i have to ask if you foreseen golds,land and
oils rise ten years ago?

[errolanderson]

cotton . . time to live in the present

[wedino]

Errol,
Inflation big time. USA is printing $85 billion each month, $1000 billion per year. Japan huge priting as are other central banks.

[Horse]

I dont have a big problem of where to store my wealth. But I always wonder just what good is gold, if noone wants to trade a steak for gold who cares how much you think its worth. $800 two yr ago now $16/1800 how did it become valuable, unless money manuplators did it and if they did they can also go the otherway IMO

[HappyFarmer]

Wouldn't silver be more of a liquid commodity to
have than gold if all hell breaks loose?

[sumdumguy]

Tend to agree with Errol. I was there in 1980.
Soon after Jan, both precious metals and land
took a ride on the Reading. Think Berkshire is
buying today?

I guess none of us know for sure what will
survive. Would be nice though. $1470 is cheap
for gold considering it was $800 in 1980. Land
needs maintenance and buyers are at the mercy
of farm workers right now and lots of capital.
Gone are the days of 1/2 and 1/2 farming.

[cottonpicken]

I feel like i'm going mental trying to explain this stuff.

The run up in the eighties was stopped by interest
rates.The crash in land values and gold was easily
forseeable by those astute enough to know how
things work.

I'll be the first one selling land and gold and my first
born to buy 30 year maturities at 18% if i was to ever
be blessed with the opportunity.

But i assure you guys-this will not happen to the
current system in its present form.