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Anyone moved to Gold and left the dollar

This is a discussion on Anyone moved to Gold and left the dollar within the Economic, Precious Metals, Investing, Finance forums, part of the General Discussion category; Precious metals are just another part of the preps you should make. Gold is protection against inflation and it can be used to pay your ...

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Thread: Anyone moved to Gold and left the dollar

  1. #11
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    Precious metals are just another part of the preps you should make. Gold is protection against inflation and it can be used to pay your property taxes and such once the SHTF is over. Silver is OK for barter or to store for protection against inflation and it is used as currency.

    Gold is more than a "preety metal" used in jewelry. It has commercial uses in applications where low electrical resistance and corrosion resistance is necessary. Almost all electrical conductors for low voltage application are made with gold plated connectors. Silver too has a myriad of commercial applications. Their most important property for the prepper is that the world accepts them as valuable simply because they are rare and useful.




  2. #12
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    Gold will be very hard to cash out if it goes to 3000K an ounce. I have been investing in silver 1oz, 1/2 oz,1/4 and 10th oz eagles and maple leafs. also some 10 oz bars for the big purchase. however I have invested in the currency of the future for many years now 9MM, 22 CAL, 5.56mm and so on. I call this my composite precious metals, copper, lead and brass.
    Last edited by Conundrum99; 02-20-2014 at 06:20 PM.
    tbone1964 likes this.

  3. #13
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    Gold first 22 months Jimmy Carter up 73%
    Under Obama first 22 months up 72%
    Reagan 2%
    G Bush 3%
    Time is everything And when the Carter rush came down those with bad timing lost every thing a many killed them self.

    If you have real coins the are legal tender and have loop holes in tax reporting .
    I know a country that was on the Gold standard and went off it but know of none that were not on it and went to it.
    You seem to forget it was not to long ago owning bulk gold was a crime. What is to stop them say another Obama king for setting a price and forcing you to turn it over. Can't happen? Read your history books. They did it once they can do it again.
    If cash and other investments become worthless so will your gold you will not have a large enough army to hang on to it.
    New life as a house husband, major shift in duties.

    Karl Marx said, "Destroy their culture, rewrite their history. Ruin their art and literature, and defame their heroes, by offering fabrications to scandalize that which they considered good.
    After reading this Obama said I am on it.

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  5. #14
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    Some of the large banks are limiting how much "money" you can take out of your accounts.
    Others are requiring ID to do larger transactions in cash; well below the $10,000 fed imposed limits.
    Just a thought to consider.
    The good thing about silver coins, i.e. pre-65 quarters, etc. is there is no paper trail.
    What they don't know can't hurt you.
    "It does not take a majority to prevail ... but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men."
    Samuel Adams

  6. #15
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    Great thread
    Last edited by Andygold1; 03-04-2014 at 08:02 PM.

  7. #16
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    Forget gold. Brass & lead, brass & lead.
    Gold and silver will be hard to use. How do you make change on a piece worth $1000 or more? You know the old game?, someone wants or needs an item desperately, all you have is a $100 bill. The seller says "here you go... I don't have any change".
    And he will be a wild man; his hand will be against every man, and every man's hand against him;... Genesis 16:12

  8. #17
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    Quote Originally Posted by Denton View Post
    Unless I am wrong, it is illegal to make "purchases" with anything other than currency.

    What items individuals are willing to trade among themselves, on the other hand...
    Wouldn't that mean we are not allowed to barter or trade then? We would have to at least exchange one dollar to make it legal. That seems silly.
    Firearm & Personal Safety Training - Hidden Content
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  9. #18
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    Quote Originally Posted by ladams View Post
    Has anyone abandoned the dollar and just use gold, or have you started building up a personal gold reserve. I'm starting to and I want to know how successful some other people have been. Also I was going to travel to a gun show and I wanted to bring some gold to trade/make some purchases with, can I do that? I'm fairly new to all of this if you cant already tell. I'd appreciate the help.

    Thanks,
    Lee
    I am so annoyed that my response before got lost

    IMO ladams is a troll, seriously he has 1 post on the forums and sucks all you trolls into his web

    IMO ladams is a government plant, don't reply to him or give up your basic preps!
    Slippy likes this.
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    Montana sucks, tell your friends

  10. #19
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    Take a real close look at the dumpster clean off the clay.
    Anyone moved to Gold and left the dollar-gold-trash.jpg
    New life as a house husband, major shift in duties.

    Karl Marx said, "Destroy their culture, rewrite their history. Ruin their art and literature, and defame their heroes, by offering fabrications to scandalize that which they considered good.
    After reading this Obama said I am on it.

  11. #20
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    Quote Originally Posted by Montana Rancher View Post
    I am so annoyed that my response before got lost

    IMO ladams is a troll, seriously he has 1 post on the forums and sucks all you trolls into his web

    IMO ladams is a government plant, don't reply to him or give up your basic preps!
    This thread is a sad reminder of the boating accident over the Marianna Trench in the Atlantic Ocean where I lost my guns/ammo AND gold. Damn you ladams for dredging up these bad memories!

 

 
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