New gold rush (January 17, 2008)
As the price of gold has risen because of the quickly falling dollar, with the value of the dollar constantly falling, many people are in a rush to sell their gold and some people even buying gold. I wouldn't sell it if I were them, history shows that gold always was the money and it always holds solid value. The value of gold doesn't go up or down, in VALUE that is. An ounce of gold is nothing more or less than an ounce of gold, it's VALUE is stable. The "dollar" is currently a Federal Reserve note that is merely supposed to represent a currency, the dollar was originally 371.25 grains of silver. Ron Paul is one of the few politicians who actually understands this. But ultimately the really important issue is how much the value of your work is. It does not matter if you are paid in dollars, gold, or even food, we are sharecroppers now because we get paid a relatively fixed amount of money but yet the value of that money and it's purchasing power is diminishing.
Underground Gold & Silver Economy Expanding Like Wildfire
Related posts:
- Diamond Rush 2008 (Buying Gold) Diamond Rush Jewelers Commercial (2008) - Buying Gold...
- Should we buy gold in World of Warcraft? Dear World of Warcraft Player: We are here to discuss...
- Where To Buy Silver and Gold www.apmex.com www.allamericangold.com Other recommended shops (I have not purchased from)...
- How to Trade GOLD to MAXIMIZE your Profit!! Silver too!!(1 of 2) Gold Gold Gold! The gold bug has struck and they're...
- Three Things to Know When Selling Gold to Jewelers Selling scrap gold to a metal refiner, you first may...
February 13th, 2010 at 10:46 am
Wow, I’d better load up on more silver. Thanks for sharing that comment about Ron Paul.
February 13th, 2010 at 11:41 am
there are alot of commerials where im at about turning in things that you have thats gold, lik necklaces n rings n stuff. im keepin all my stuff. i think in the end we doomed regardless unless the ppl n banks begin all that is happening is stopped. its time to turn off the tv, n open our minds n learn n research this stuff on our own.
February 13th, 2010 at 12:02 pm
Lol thinking about my comment, it probably aint even legal.
February 13th, 2010 at 12:41 pm
Such will serve you well, but you’ll be lucky to find anywhere that will lend against such. They only want crap like houses, and cars. But some brokers will “margin lend” against gold, enabling you to buy about 150% of your holdings when backed by the holdings themselves.
Silver will actually do better, in terms of returns, than gold though.
February 13th, 2010 at 1:37 pm
Good plan. Dr Paul has much of his family money in gold and silver, as he protects them from the inevitable system crash. It is wise to follow his words , which he backs up with his actions.
February 13th, 2010 at 2:36 pm
Ha Ha. I have the same plan.
February 13th, 2010 at 3:22 pm
What do people think of taking loans to buy gold?
February 13th, 2010 at 4:20 pm
Silver is good also,,when it goes up it does in 10%’s gold 2% or 3%,,,
February 13th, 2010 at 4:50 pm
If Ron paul doesn’t get the nomination I am going to move the money I have for investments into gold.