#987401 - 04/02/18 11:30 AM
You guys buy your GOLD yet?
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RICH G
Unregistered
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The stock market is only gonna "teeter" with this massive volatility for so long and I think the hourglass is about to run out any time.
Fortunately you still have time to stack some precious metals so you can hedge yourself against this collision course we are headed towards with this imminent crash. It really takes a minimal investment to cover all your other investments.
When this is all said and done the Dow is going to be well under 10,000. This is gonna be the largest wealth transfer in human history when it goes down and its real close.
This is going to be the crash of all crashes which will result in a system change and currency change. The federal reserve is likely to be disbanded and held liable before this is said and done, so anything you have in dollars, which is everything accept physical commodities is going to be worthless.
Many countries have already prepared for this, and the new system is already in place with china launching its "Gold Backed" Yuan last week.
Physical precious metals are still readily available and cheep, but they wont be at the snap of a finger.
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#987403 - 04/02/18 11:56 AM
Re: You guys buy your GOLD yet?
[Re: ]
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RICH G
Unregistered
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The artificial price manipulation is still in place with 1,000+ pieces of paper gold for each physical ounce in existence.
Its like a gift waiting for your taking, because when the price manipulation is over metals are headed parabolic, silver is actually a better investment as it is tremendously undervalued compared to gold, the historical ratio is 10 to 1 , (silvers value to gold) and currently its valued at around 84 to 1. Silver exists in the earths crust at approximately 10 to 1 so its going to get back to its 10 to 1 ratio sooner than later.
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#987405 - 04/02/18 01:08 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Bead
Registered: 02/13/03
Posts: 1202
Loc: Duvall
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Have a client whose son talked him into investing heavy in gold several years ago....against my advice. Value is $25K less than he invested, not to mention the growth he could have had all this time in a simple no-risk tax-deferred annuity. Let me know how well Safeway takes gold dust for groceries in the days to come. If the market crashes like you predict, many of my clients' adult children will have to pay for their own cars, boats and homes instead of draining their parents IRA's and cash holdings as they have been doing for years instead of working for it themselves. Spoiled generation. Might do them good to have the parent ATM shut down for a while.
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Bless our troops.
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#987408 - 04/02/18 02:43 PM
Re: You guys buy your GOLD yet?
[Re: ]
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RICH G
Unregistered
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So he purchased his gold at $1900oz, at its peak. Yeah he may have lost a bunch of fiat dollars but he hedged himself against inflation and never lost any buying power with his gold, if he would have kept in in dollars his buying power would have went way down between 2011 and today.
conservatively when the system crashes $20,000. in stocks or dollars wont be worth the paper its printed on but $20,000. in gold today is likely going to be worth upwards of $1,000,000. as gold is likely to go over $50,000. per ounce possibly up to $250,000. per ounce when the change is complete.
Who knows on silver but I would real comfortable $1,000. possibly much higher after the price manipulation is over.
The nice thing about physical metal is no capitol gains, once you purchase it you never pay taxes on your profits, you just cash it in for cash as you need it, or use it to purchase direct outside the system. The other thing is if you would have purchased heavily in gold in the late 80's and 90's under the $300 level you would have quadrupled your dollars today. Gold has been over $1000. for 10 years now. You are never going to loose wealth with physical gold.
Edited by RICH G (04/02/18 02:48 PM)
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#987412 - 04/02/18 03:44 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Bead
Registered: 02/13/03
Posts: 1202
Loc: Duvall
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$50K an ounce for gold? I have a gold crown, when it hits $50K I'll pull that fukker out with my own pliers.
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Bless our troops.
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#987415 - 04/02/18 05:24 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Three Time Spawner
Registered: 09/07/05
Posts: 1867
Loc: Spokane WA
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I went out and panned some gold yesterday, I think at 50K an ounce I found enough to pay for the pan ($8.99), so now it's all profit.
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#987416 - 04/02/18 05:52 PM
Re: You guys buy your GOLD yet?
[Re: ]
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RICH G
Unregistered
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When the dollar goes into its "death plunge" and hyper inflation kicks in gold is gonna go way past $50,000 per ounce. When the dust settles and after we change systems it may go down to $35. per ounce but the buying power will be the same as it was when it was + $50,000. per ounce. Wages per day after that might be 1$. at that time as well.
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#987417 - 04/02/18 05:54 PM
Re: You guys buy your GOLD yet?
[Re: ]
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It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.
Registered: 03/07/99
Posts: 16958
Loc: SE Olympia, WA
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I prepared for this the last time you predicted the ruination of the dollar and stock market by the "gold-backed Yuan".
And Tuesday never came.
Are you really sure this time?
_________________________
She was standin' alone over by the juke box, like she'd something to sell. I said "baby, what's the goin' price?" She told me to go to hell.
Bon Scott - Shot Down in Flames
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#987419 - 04/02/18 07:03 PM
Re: You guys buy your GOLD yet?
[Re: ]
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RICH G
Unregistered
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"115TH CONGRESS 2D SESSION H. R. 5404 To define the dollar as a fixed weight of gold. IN THE HOUSE OF REPRESENTATIVES MARCH 22, 2018 Mr. MOONEY of West Virginia introduced the following bill; which was referred to the Committee on Financial Services"
If this isn't an insider tip I don't know what is....
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#987422 - 04/02/18 10:22 PM
Re: You guys buy your GOLD yet?
[Re: ]
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River Nutrients
Registered: 03/15/99
Posts: 4166
Loc: Poulsbo, WA,USA
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LOL
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I'd Rather Be Fishing for Summer Steelhead!
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#987433 - 04/03/18 12:29 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Parr
Registered: 02/07/16
Posts: 70
Loc: Amity Is., NY
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So, if I have a bag of gold and the world crashes, you seem to assume that people who have things I need will take gold. Why? As has been pointed out before, I would think that a brick of .22 LRs would be more valuable than its equivalent weight in gold.
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STARBOARD! Hooper, you idiot, ain't you watchin' it?!?!
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#987435 - 04/03/18 01:34 PM
Re: You guys buy your GOLD yet?
[Re: ]
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River Nutrients
Registered: 11/21/07
Posts: 7587
Loc: Olema,California,Planet Earth
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One of the problems with gold/silver/metals and the like is that you need to reduce your stash in order to spend it. You want to live off income, not principal.
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#987438 - 04/03/18 02:20 PM
Re: You guys buy your GOLD yet?
[Re: ]
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My Area code makes me cooler than you
Registered: 01/27/15
Posts: 4514
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"You want to live off income, not principal."
Any questions class?
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#987443 - 04/03/18 06:00 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Returning Adult
Registered: 02/02/15
Posts: 319
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Rich G: If gold hits $50,000 an ounce (before I die) I'll kiss your ass in the middle of Pioneer Square at high noon..and give you half an hour to draw a crowd.
As for possession of gold...well, for those willing to work 18 back-breaking hours a day for weeks on end, it's out there for the finding.
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#987445 - 04/03/18 06:16 PM
Re: You guys buy your GOLD yet?
[Re: ]
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My Waders are Moist
Registered: 11/20/08
Posts: 3419
Loc: PNW
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My end times plan is to eat Rich G and Evo for sustenamce, after that sorry nutritionless meal I will die happy.
_________________________
Maybe he's born with it.
Maybe it's amphetamines.
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#987447 - 04/03/18 06:21 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Lord of the Chums
Registered: 03/29/14
Posts: 6763
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You should try eating some pussy first, pissing in your waders guy...
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BLM IS A TERRORIST ORGANIZATION ANTIFA IS A TERRORIST ORGANIZATION
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#987449 - 04/03/18 06:40 PM
Re: You guys buy your GOLD yet?
[Re: 5 * General Evo]
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vapidangler
Unregistered
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You should try eating some pussy first, pissing in your waders guy... Daaaaamn
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#987451 - 04/03/18 08:29 PM
Re: You guys buy your GOLD yet?
[Re: ]
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Carcass
Registered: 01/09/14
Posts: 2298
Loc: Sky River(WA) Clearwater(Id)
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lol...Sounds like too much work
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#987452 - 04/03/18 08:38 PM
Re: You guys buy your GOLD yet?
[Re: Jason Beezuz]
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ReefSkunk
Unregistered
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My end times plan is to eat Rich G and Evo for sustenamce, after that sorry nutritionless meal I will die happy. Rich G probably eats a lot of MREs and Evo is like a slug with bones. Neither will leave you happy but at least you won’t have to worry about diseases associated with eating brains.
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