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sunpokerdotcom (December 31, 1969 at 4:59 pm)
I think we really need to consider legalizing online casino and poker like the UK did, and did it well. I promise it will not corrupt the moral fiber of the US people. In fact I'll bet on it:) if someone would like to have a real constructive conversation on the subject, look me up.
mbabist01 (December 31, 1969 at 4:59 pm)
@407buddy Never was in ETFs to begin with. Thanks to Harry Browne's "You Can Profit From the Coming Monetary Crisis," which I bought and read after high school, I've been a HUGE proponent of precious metals. Yes, I have gold, it's wealth storage. I also have both the silver rounds from the mint, as well as pre-1965 silver coins. True, the investment here is diluted by the alloy, but they are a great hedge against a monetary collapse.
407buddy (December 31, 1969 at 4:59 pm)
@bmabiar01
"They or "others" are no smarter than you are. Get out of ETF's, err on the conservative side, hold your gold in your hands. Peace brother.
mbabist01 (December 31, 1969 at 4:59 pm)
@407buddy I know, that's why I've got 'em. Silver halves, quarters, dimes as well (in case of hyperinflation, thank you Harry Browne!). You are right on GLD, I STILL don't trust it, even though others say I should buy (I'll take the real thing, thank you).
407buddy (December 31, 1969 at 4:59 pm)
Game's over folks. Goliath (Goldman & theFed Gang) won. If you think you'll just get a gun and start a revolution then you are not a swell thinker. It is too late. They are not going to disclose any information that they don't want you to know. They are the Oligarch of the global fiat paper money system, protected by a military with cutting edge weaponry. They are a juggernaut of power. Nothing is co-incidence, from 9/11 to the Bailouts. Prepare, for when the SHTF, it will happen quickly.
407buddy (December 31, 1969 at 4:59 pm)
GLD is an ETF, in my view not to be trusted, both silver coins (morgan 90%) and 9999 pure bullion like the american eagles and buffalo are great to own. Be save.
mbabist01 (December 31, 1969 at 4:59 pm)
@407buddy Amen! During the Depression, my Mother's Godmother did not trust specie, she preferred to use silver and gold, although the latter was banned, it was still used as a medium of exchange. Also, read up. The Founders considered gold ownership a RIGHT. Congress under FDR changed it to a PRIVILEGE, at Congress' PLEASURE. Don't be fooled, this is unconstitutional. DEMAND the return of hard money.
mbabist01 (December 31, 1969 at 4:59 pm)
@407buddy Amen to that. The only shares I own are mines. Anything else, including GLD: sorry, I want the real thing. However, I DO object to silver bullion. I cut my financial teeth on Harry Browne, I prefer to own silver coins. Yes, they are not "pure," but when the dollar finally croaks, silver coins will again be a medium of exchange.
407buddy (December 31, 1969 at 4:59 pm)
OTC Gold and Silver (leasing) contracts and certificates are a fraud
Comex and LBME won't be able to satisfy physical gold and silver delivery
They will use an escape clause called a "Force Majeure" to withhold physical
delivery if that was demanded from their paper gold (contract) holders
Physically holding gold and silver bullion in your possession is crucial.
Past 10 years: S&P down 24%, Ndx down 49%, Dji down 31%, U$D down 23%
Gold up 280%, Silver up 209% (source: Jesse's Cafe Americaine)
junevi2000 (December 31, 1969 at 4:59 pm)
@407buddy, the whole of United States of America is a fraud. Stay away from it |
