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Full Version: Bernanke says "gold is not money"
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Ha! He told Ron Paul that last week as the central bank buys more in half a year as they did the entire year last year. Buy gold then give the people paper. What an asshat!

Central banks have bought more gold in the first half of this year than in all of 2010 as a long-anticipated reversal in so-called "official sector" sales gathers pace, a gold group reported on
Thursday.

link Get your house in order folks..................Russian


I guess I don't understand how he can make that comment. Of course gold is money.

Buy gold & ammo.
Silver is moving up fast the poor mans gold. Ammo skyrocketed when Barry was elected, part of the reason was he put restrictions on the ammo makers via OSHA. They went in and tried to shut down the gun makers saying the machinery was unsafe. They have been using the same machinery for years with no accidents yet the government went in and tried to shut them down.
I must have made 160 wheel gaurds for Sturm Ruger this year. They were not stopped and in fact have increased production after that glitch. I do like the background check laws that have been applied. Though it should not be a revenue maker but a safety measure. Much to the chagrin of the current administration as they try and undermine the second amendment.

I imagine they are currently plotting how to reign in the beast that is "Gold" I guess people are not as stupid as once thought.
Mad Max was a film.

Its going to take more than ammo and gold and petrol to survive in the future.
The problem with gold is that it buys commodities(food) during a crash, food will rise far above the value of gold today, buy more bullets than gold.

a bag of potatos will cost you 2 ounces of gold in the depths of the coming food shortage.
(07-17-2011, 02:27 PM)IMaDick Wrote: [ -> ]the coming food shortage.


What are you talking about? Have I not heard something, you know how oblivious I can be.


The world food supply is in big trouble, the shortages will only continue to get worse, a food shortage with the crash of the dollar is inevitable.

Think breadlines and soup kitchens during the depression and then multiply it by 2 or 3 due to population increases and you should be close to the reality of what is coming.
(07-17-2011, 02:42 PM)IMaDick Wrote: [ -> ]The world food supply is in big trouble, the shortages will only continue to get worse, a food shortage with the crash of the dollar is inevitable.

Think breadlines and soup kitchens during the depression and then multiply it by 2 or 3 due to population increases and you should be close to the reality of what is coming.

Thank you chicken little.

(07-17-2011, 01:00 PM)Maggot Wrote: [ -> ]Ha! He told Ron Paul that last week as the central bank buys more in half a year as they did the entire year last year. Buy gold then give the people paper. What an asshat!

Central banks have bought more gold in the first half of this year than in all of 2010 as a long-anticipated reversal in so-called "official sector" sales gathers pace, a gold group reported on
Thursday.

link Get your house in order folks..................Russian

My dad has already instructed me not to let his Krugerrands be exchanged for cash money EVER under pain of death!

(07-18-2011, 01:16 PM)White Pud Wrote: [ -> ]Thank you chicken little.

Brain dead.

Both of his krugerands or just one?

everything is about Dad, OP the son has done shit to protect his family.

(07-17-2011, 02:25 PM)White Pud Wrote: [ -> ]Mad Max was a film.

Its going to take more than ammo and gold and petrol to survive in the future.

Don't forget the Dinki-Di dog food!

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