Gold: Past, Present, and Future

Getting 70 tons each isn't a bad haul at all... I might just have to go out and treat myself to a new boat with that kind of windfall 😁

Andrew Barrett4 said:How would this whole scenario actually play out for your average American guy on the street?

Would we be looking at that breaking point where hunger sets in and people just start seizing whatever (empty) land they can get their hands on?

We are heading toward a Greek tragedy—with Richards or without him...

It feels to me like people aren't even considering that specific scenario.

A few weeks back, I was getting some strange looks at the local real estate office because I expressed interest in buying up any vacant lot sitting right next to my existing properties. It’s just how I look at things. I also find myself surprised when, like today, I see people putting their faith in completely imaginary concepts—things like Linic bonds or some idealized version of a pension plan.

Then again, lately, I keep running into individuals who are essentially prepping—not necessarily "doomers," mind you, but more just people trying to stay ready for whatever comes next—though they probably don't even realize there's a name for what they're doing.

Frank Walker7 said:Getting 70 tons each isn't a bad haul at all... I might just have to go out and treat myself to a new boat with that kind of windfall 😁

People are calling it a gold mine.
But if you consider that a top-tier gold mine today yields maybe 15 grams per ton, you aren't exactly walking away a billionaire after refining it. 🙂

Andrew Barrett4 said:It feels to me like people aren't even considering that specific scenario.

A few weeks back, I was getting some strange looks at the local real estate office because I expressed interest in buying up any vacant lot sitting right next to my existing properties. It’s just how I look at things. I also find myself surprised when, like today, I see people putting their faith in completely imaginary concepts—things like Linic bonds or some idealized version of a pension plan.

Then again, lately, I keep running into individuals who are essentially prepping—not necessarily "doomers," mind you, but more just people trying to stay ready for whatever comes next—though they probably don't even realize there's a name for what they're doing.

I highly doubt folks on the East Coast are feeling particularly confident about the approaching hurricane... especially if their entire survival plan relies on some AA batteries and a single gallon of water. 🤣

Much like those 53 million Brazilians...
http://www.reuters.com/article/2012/...89P0QW20121026

It’s almost like waiting for a hurricane to just roll in and blow right past you

As for a potential economic collapse—something more and more people seem to be sensing lately—we might just be catching the first faint whispers of it. The beginning, the middle, and the end... it all feels pretty impossible to truly grasp.

So, when exactly is Armageddon hitting? 😂 I’ve been keeping an eye on things, and it seems like all your "experts" are calling for a total collapse of Ford money by the end of the decade. We'll see about that! 😂

People were laughing just like this back in the 1920s in the States, thinking they were living in some kind of fairy tale.
It was the same thing here in the US a few years ago during that massive real estate bubble and the investment fund craze.
Then reality hits.
Honestly, I’d rather let them laugh at me while I stay safe than laugh along with them and end up broke.☕

Is this actually gonna happen?

http://www.youtube.com/watch?v=JqgDzEqdvb0&feature=plcp

🙂

Ford is essentially undergoing a slow-motion collapse rather than some sudden apocalypse. It’s more like a gradual decay that picks up speed as the debt piles higher and higher. Honestly, the economic statistics coming out of the US and the eurozone's weaker economies are nothing short of laughable. I don't recall hearing a single sane person claim this trajectory is sustainable. Based on what I’ve been observing, the public will eventually be forced to either accept draconian austerity measures or take to the streets in protest, which would inevitably lead to the government just printing money 🙂. I simply don't see how gold's purchasing power could ever diminish in such a scenario.

analogharbor44 said:So, when exactly is Armageddon hitting? 😂 I’ve been keeping an eye on things, and it seems like all your "experts" are calling for a total collapse of Ford money by the end of the decade. We'll see about that! 😂

Watch this. You might just find yourself coming to the same realization. 🤷

http://www.youtube.com/watch?feature...&v=VKRAY3t1L-o

analogharbor44 said:Is this actually gonna happen?

http://www.youtube.com/watch?v=JqgDzEqdvb0&feature=plcp

🙂

Most revolutions aren't actually about politics; they're driven by the economy. Isn't that always the case?
Better start studying history while you still have the chance. 😁

Anthony Evans78 said:Most revolutions aren't actually about politics; they're driven by the economy. Isn't that always the case?
Better start studying history while you still have the chance. 😁

😂 Aha, I totally get it now. So it’s all about an economic revolution then? 🙂 Time to hit the books!

Melissa Sanchez17 said:Watch this. You might just find yourself coming to the same realization. 🤷

http://www.youtube.com/watch?feature...&v=VKRAY3t1L-o

😕 Seriously, what part of this isn't common knowledge? 😕

analogharbor44 said:😂 Aha, I totally get it now. So it’s all about an economic revolution then? 🙂 Time to hit the books!

Are you twisting the facts on purpose, or do you just struggle with basic reading comprehension? 🙂>

Anthony Evans78 said:Are you twisting the facts on purpose, or do you just struggle with basic reading comprehension? 🙂>

That’s a low blow. I'm done talking about this. 🙂
Guess I better go grab some GINKO 😂

Just asking legitimate questions here, not looking for an insult.
And grab two while you're at it 😁

Japan is getting ready for QE10 !!! 😂

It’ll be just as much help as the last nine attempts over the past two decades 😁

Anthony Evans78 said:It’ll be just as much help as the last nine attempts over the past two decades 😁

The simple fact that they've been printing money for 20 years straight without the whole financial system collapsing into total Armageddon says everything you need to know about the Federal Reserve and their dollar printing, right? 😂