Comments on: Does it even make sense to buy gold and silver? http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/ Fri, 18 May 2012 01:39:00 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Commander McBragg http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/comment-page-1/#comment-2208 Commander McBragg Fri, 16 Apr 2010 23:50:45 +0000 http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/#comment-2208 That extreme is so unlikely. You are talking about life as we know it ending-like a giant volcano erupting or being hit by a large meteorite. So long as a man can work, gold and silver will have value. Gold and silver *are* value. Nevermind how much currency you can buy with your gold, that is not important because in bad times people will gladly accept your gold or silver without needing to convert. In fact they would not even want you to. This is similar to US travelers that have ventured into foreign countries where the native currency is worthless; they beg you to spend your dollars there and in some cases do not even accept their own money from you. Do your ideas stand up to history in which these metals NEVER IN RECORDED HISTORY have been worthless? If you doubt their value, you doubt the existence of value in anything. It certainly makes sense to have other things of value available. In all cases possible, food, water, land, guns, gasoline, livestock, non-hybrid seeds and such are the best investments. But you will need things of liquid value too. The former are things that are easier to pillage, steal, confiscate via government or outlaw. Gold can be hidden.<a href="http://www.safedebthelp.com/debt-reduction-service-help.htm"> Commander McBragg</a> That extreme is so unlikely. You are talking about life as we know it ending-like a giant volcano erupting or being hit by a large meteorite.
So long as a man can work, gold and silver will have value. Gold and silver *are* value. Nevermind how much currency you can buy with your gold, that is not important because in bad times people will gladly accept your gold or silver without needing to convert. In fact they would not even want you to. This is similar to US travelers that have ventured into foreign countries where the native currency is worthless; they beg you to spend your dollars there and in some cases do not even accept their own money from you.
Do your ideas stand up to history in which these metals NEVER IN RECORDED HISTORY have been worthless? If you doubt their value, you doubt the existence of value in anything.
It certainly makes sense to have other things of value available. In all cases possible, food, water, land, guns, gasoline, livestock, non-hybrid seeds and such are the best investments. But you will need things of liquid value too. The former are things that are easier to pillage, steal, confiscate via government or outlaw. Gold can be hidden. Commander McBragg

]]> By: Mr. Christie http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/comment-page-1/#comment-2207 Mr. Christie Tue, 13 Apr 2010 15:14:01 +0000 http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/#comment-2207 Well. Even if there is an economic collapse, I guarantee that there will still be prostitution. If there is prostitution, there is pimps. What do pimps love? That's right, GOLD! Gold teeth, gold chains, gold rings, gold pimp cups. Looks like a sound investment to me. Oh, and the silver? Um. Make bullets in case there is a werewolf outbreak. That solves that! You're welcome!<a href="http://www.supersportsstore.com/kites-7815"> Mr. Christie</a> Well. Even if there is an economic collapse, I guarantee that there will still be prostitution. If there is prostitution, there is pimps. What do pimps love? That’s right, GOLD! Gold teeth, gold chains, gold rings, gold pimp cups. Looks like a sound investment to me. Oh, and the silver? Um. Make bullets in case there is a werewolf outbreak. That solves that! You’re welcome! Mr. Christie

]]> By: BOOM shakalaka http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/comment-page-1/#comment-2206 BOOM shakalaka Sun, 11 Apr 2010 23:10:02 +0000 http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/#comment-2206 I think if you believe in a worldwide financial catastrophe that horrible then you should invest in a nice gun, then you can "barter" with the gold bugs after the fact. If you believe in bad inflation, then why not just by oil instead, something that has real world value.<a href="http://www.besthomeorganizers.com/620"> BOOM shakalaka</a> I think if you believe in a worldwide financial catastrophe that horrible then you should invest in a nice gun, then you can “barter” with the gold bugs after the fact. If you believe in bad inflation, then why not just by oil instead, something that has real world value. BOOM shakalaka

]]> By: 23yoguy http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/comment-page-1/#comment-2205 23yoguy Sat, 10 Apr 2010 00:33:39 +0000 http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/#comment-2205 Gary you mean like carry trading? You should not buy Australian currency, it may depreciate and you could lose everything...<a href="http://www.greatjewelrydesign.com/silver-plate-324"> 23yoguy</a> Gary you mean like carry trading? You should not buy Australian currency, it may depreciate and you could lose everything… 23yoguy

]]> By: Jim L http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/comment-page-1/#comment-2204 Jim L Wed, 07 Apr 2010 01:17:41 +0000 http://www.goldbuyingguide.com/blog/does-it-even-make-sense-to-buy-gold-and-silver/#comment-2204 I pretty much agree with you. If your purpose is to protect yourself in a worldwide meltdown, your gold and silver would have barter value - you could theoretically trade it for food or whatever. But if you have for example a one ounce American Eagle gold coin, how is the person you are trading with going to "give you change"? Certainly after the meltdown ends you would have more value in those assets than if you held cash or stocks or bonds. But in the meantime, we have already survived the worst possible scenario in 2008-2009. Are we out of the woods yet? No, but the doom and gloomers who predict a Great Depression I think will be proven wrong.<a href="http://www.telescopebuyingguide.com/hubble-space-telescope.htm"> Jim L</a> I pretty much agree with you. If your purpose is to protect yourself in a worldwide meltdown, your gold and silver would have barter value - you could theoretically trade it for food or whatever. But if you have for example a one ounce American Eagle gold coin, how is the person you are trading with going to “give you change”? Certainly after the meltdown ends you would have more value in those assets than if you held cash or stocks or bonds.

But in the meantime, we have already survived the worst possible scenario in 2008-2009. Are we out of the woods yet? No, but the doom and gloomers who predict a Great Depression I think will be proven wrong. Jim L

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