Saturday , 27 April 2024

Search Results for: fiat

Nick Barisheff: Make Sure You’ll Actually OWN the Gold Bullion Before You Buy – Here’s Why and How (+3K Views)

Lorimer Wilson with Gold Bar

Worldwide economic uncertainty has created a growing interest in precious metals as a way to...protect one's wealth from impending economic Armageddon...Unfortunately, many today don’t know how to purchase or store bullion, and consequently may find themselves as vulnerable to financial collapse as those who didn’t purchase any bullion at all. [This article outlines what rigorous due diligence is absolutely required when entering into an agreement to buy gold bullion and how it should be stored and why. Don't buy any gold product without reading this article first.]

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Nick Barisheff: Make Sure You’ll Actually OWN the Gold Bullion Before You Buy – Here’s Why and How (+2K Views)

Lorimer Wilson with Gold Bar

Worldwide economic uncertainty has created a growing interest in precious metals as a way to...protect one's wealth from impending economic Armageddon...Unfortunately, many today don’t know how to purchase or store bullion, and consequently may find themselves as vulnerable to financial collapse as those who didn’t purchase any bullion at all. [This article outlines what rigorous due diligence is absolutely required when entering into an agreement to buy gold bullion and how it should be stored and why. Don't buy any gold product without reading this article first.]

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Leeb: Lack of Gold On Deposit to Eventually Result in Panic, Massive Turmoil & Total Chaos! Here’s Why (+2K Views)

The banks don’t have the gold the customers are paying them to have on deposit...and eventually there will be panic because...[of that]....I just see massive turmoil when people finally realize the banks don’t have their gold....You will see governments frantically trying to substitute fiat money for gold because this is going to feed on itself....The banks take in customers gold and charge them fees for storing the gold as allocated, but then they turn right around and lease it out to the market to aid in price suppression. This is the kind of thing that will end in catastrophe.

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Leeb: Lack of Gold On Deposit to Eventually Result in Panic, Massive Turmoil & Total Chaos! Here’s Why

The banks don’t have the gold the customers are paying them to have on deposit...and eventually there will be panic because...[of that]....I just see massive turmoil when people finally realize the banks don’t have their gold....You will see governments frantically trying to substitute fiat money for gold because this is going to feed on itself....The banks take in customers gold and charge them fees for storing the gold as allocated, but then they turn right around and lease it out to the market to aid in price suppression. This is the kind of thing that will end in catastrophe.

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What Happens IF the U.S. Dollar and/or the Euro Collapse? Got Gold?

Is it OK for gold to go down? Those invested in gold would prefer it doesn’t, but a rational answer must be “Yes.” Trees don’t grow to the sky and few assets monotonically increase in value for lengthy periods. Gold is no different. It has had a remarkable 11-year run but is this run over? Is gold just another bubble?.... Words: 1122

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Goodbye Euro, Hello Bitcoin? Will Use of New Crypto-currency Spread Across Eurozone? (+3K Views)

For weeks commentators have been discussing the possibility of Greece leaving the eurozone and how a return to the drachma might be facilitated...The drachma is not Greece's only option however....In some parts of Greece social entrepreneurship, technology, and skepticism of politicians have already given rise to alternate trading mechanisms and created an environment where a cyrpto-currency by the name of "Bitcoin" could become increasingly popular. [Let me explain.] Words: 709

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von Greyerz: 4 World Crises – Sovereign, Banking, Economic and Social – Guarantee a Hyperinflationary Depression (+4K Views)

We are in a number of crises: the sovereign crisis, a banking crisis, an economic crisis and a social crisis. The first three crises together are guaranteed to bring down the world economy because they are not just in one country, they are worldwide....A social crisis will develop leading to even more social unrest. All of these factors are why this will ultimately lead to a hyperinflationary depression - the most serious depression the world has ever experienced - and why investors have to focus on protecting their wealth.

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We Are Certain Gold Producers Will Soar – Here's Why

For the past eighteen months, gold stocks have been pummeled...What’s going to move these darn stocks? Will their day ever come? Could our research – gulp – be wrong? Jokes have even started circulating…[such as] a) What’s the difference between a seagull and a gold stock investor? The seagull can still make a deposit on a Mercedes. b) Gold equities may be bad, but I slept like a baby last night. I woke up every hour and cried. Laugh or cry, however, underneath this heap of stock-certificate debris is the contrarian opportunity of a lifetime. That’s a strong statement, I know, but below I present numerous well-researched reasons why I’m convinced gold stocks are one spark away from igniting the portfolios of those with the cash to buy, courage to act, and patience to hold. Words: 2800

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We Are Certain Gold Producers Will Soar – Here’s Why

For the past eighteen months, gold stocks have been pummeled...What’s going to move these darn stocks? Will their day ever come? Could our research – gulp – be wrong? Jokes have even started circulating…[such as] a) What’s the difference between a seagull and a gold stock investor? The seagull can still make a deposit on a Mercedes. b) Gold equities may be bad, but I slept like a baby last night. I woke up every hour and cried. Laugh or cry, however, underneath this heap of stock-certificate debris is the contrarian opportunity of a lifetime. That’s a strong statement, I know, but below I present numerous well-researched reasons why I’m convinced gold stocks are one spark away from igniting the portfolios of those with the cash to buy, courage to act, and patience to hold. Words: 2800

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