Political Forums  

Go Back   Defending The Truth Political Forum > Political Issues > Money and Finance


Thanks Tree15Thanks
Reply
 
LinkBack Thread Tools Display Modes
Old June 3rd, 2016, 12:56 PM   #11
Senior Member
 
Twisted Sister's Avatar
 
Join Date: Sep 2015
Location: Brown Township, Ohio
Posts: 11,248
"But Why?" Common market strategy is to hold 10% of your money in precious metal. Soros could think that a market crash is on the horizon and is hedging his market bet by buying gold. You can't eat gold and it has a little manufacturing and jewelry value. Some people get gold fever but I never did and sold all of my gold and silver off just before the last bubble burst.
Thanks from coke
Twisted Sister is online now  
Old June 3rd, 2016, 01:00 PM   #12
Bee-boo-be-bop
 
Sabcat's Avatar
 
Join Date: Dec 2013
Location: Earth
Posts: 24,620
Quote:
Originally Posted by Twisted Sister View Post
"But Why?" Common market strategy is to hold 10% of your money in precious metal. Soros could think that a market crash is on the horizon and is hedging his market bet by buying gold. You can't eat gold and it has a little manufacturing and jewelry value. Some people get gold fever but I never did and sold all of my gold and silver off just before the last bubble burst.
gold has basically retained its value over the last few thousand years whereas the USD has lost 50% of its in the last 15 years alone. cash is an awful way to store wealth.
Thanks from coke and Twisted Sister
Sabcat is offline  
Old June 3rd, 2016, 01:01 PM   #13
Banned
 
Toto2's Avatar
 
Join Date: May 2016
Location: Oz
Posts: 1,149
Quote:
Originally Posted by Hollywood View Post
Yeah, yeah, yeah, it's always coming.
Banks, Nations, and the Rich are all snapping up precious metals. You go ahead and keep your head where the sun doesn't shine.
Thanks from Sabcat and coke
Toto2 is offline  
Old June 3rd, 2016, 01:15 PM   #14
Senior Member
 
Twisted Sister's Avatar
 
Join Date: Sep 2015
Location: Brown Township, Ohio
Posts: 11,248
Quote:
Originally Posted by Sabcat View Post
gold has basically retained its value over the last few thousand years whereas the USD has lost 50% of its in the last 15 years alone. cash is an awful way to store wealth.
All of the gold in the world is only the size of a 67' cube. Think about that when smaller than a McMansion.
Twisted Sister is online now  
Old June 3rd, 2016, 01:30 PM   #15
Senior Member
 
Hollywood's Avatar
 
Join Date: Dec 2014
Location: Memphis, Tn.
Posts: 20,739
Quote:
Originally Posted by Toto2 View Post
Banks, Nations, and the Rich are all snapping up precious metals. You go ahead and keep your head where the sun doesn't shine.
I'm not a bank, a sovereign nation or rich. *shrug*
My net worth is probably a bit less than $500,000.00.
Thanks from Twisted Sister
Hollywood is offline  
Old June 3rd, 2016, 02:00 PM   #16
Senior Member
 
Twisted Sister's Avatar
 
Join Date: Sep 2015
Location: Brown Township, Ohio
Posts: 11,248
Quote:
Originally Posted by Hollywood View Post
I'm not a bank, a sovereign nation or rich. *shrug*
My net worth is probably a bit less than $500,000.00.
That is a tidy sum and more than enough to last you a life time. I have about the same as you do but I want to spend it all before I die. I do not want to die a rich man. Something in the Bible about a rich man cannot enter the Kingdom of Heaven even if he passes through the eye of a needle.
Thanks from coke
Twisted Sister is online now  
Old June 3rd, 2016, 02:07 PM   #17
Banned
 
Toto2's Avatar
 
Join Date: May 2016
Location: Oz
Posts: 1,149
Quote:
Originally Posted by Hollywood View Post
I'm not a bank, a sovereign nation or rich. *shrug*
My net worth is probably a bit less than $500,000.00.
LOL, then you are screwed like he rest of us. The point is not what you do or do not have, it is that we are being told something is coming by those who have those resources and what they are doing to protect them. You being a city boy this will probably go right over your head. When you are in the woods you pay attention to everything going on around you at all times. The animals, the birds, the insects will always warn you when something is wrong.
Thanks from Sabcat and coke

Last edited by Toto2; June 3rd, 2016 at 02:20 PM.
Toto2 is offline  
Old June 3rd, 2016, 03:03 PM   #18
Banned
 
coke's Avatar
 
Join Date: Feb 2014
Location: nunya
Posts: 12,580
Quote:
Originally Posted by Sabcat View Post
gold has basically retained its value over the last few thousand years whereas the USD has lost 50% of its in the last 15 years alone. cash is an awful way to store wealth.
Why is it some of the Socialist freak out over people buying Gold?
coke is offline  
Old June 3rd, 2016, 03:05 PM   #19
Senior Member
 
Hollywood's Avatar
 
Join Date: Dec 2014
Location: Memphis, Tn.
Posts: 20,739
Quote:
Originally Posted by Twisted Sister View Post
That is a tidy sum and more than enough to last you a life time. I have about the same as you do but I want to spend it all before I die. I do not want to die a rich man. Something in the Bible about a rich man cannot enter the Kingdom of Heaven even if he passes through the eye of a needle.
When my kids open my will it will read, "being of sound mind and body I spent every fucking dime, best of luck boys."
Thanks from Sabcat and Jimgorn
Hollywood is offline  
Old June 3rd, 2016, 03:15 PM   #20
Bee-boo-be-bop
 
Sabcat's Avatar
 
Join Date: Dec 2013
Location: Earth
Posts: 24,620
Quote:
Originally Posted by coke View Post
Why is it some of the Socialist freak out over people buying Gold?
because the USD is the corner stone of the socialist transfer of wealth.
Thanks from coke
Sabcat is offline  
Reply

  Defending The Truth Political Forum > Political Issues > Money and Finance

Tags
37%, amounts, billionaire, dumps, george, gold”, massive, soros, stocks, “buy



Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
TOP TEN REASONS GEORGE SOROS is DANGEROUS. Raptor Current Events 41 March 27th, 2016 06:18 PM
The New King Coal: George Soros? excalibur Current Events 6 August 17th, 2015 03:33 PM
Ron Paul Talks George Soros and Ukraine excalibur Current Events 0 June 9th, 2015 10:42 AM
10 Countries Hoarding Massive Amounts Of Gold imaginethat Current Events 7 September 17th, 2012 01:12 AM
Fund-raiser George Soros gmeyers1944 Politicians 24 October 2nd, 2007 02:20 PM


Facebook Twitter RSS Feed



Copyright © 2005-2013 Defending The Truth. All rights reserved.