My interview of David Morgan, Silver-Investor – www.silver-investor.com. He said a Federal Reserve governor Jeremy Steins said the U.S. will do as Cyprus and…
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David Morgan Interview 4/20/13 – Federal Reserve confirmed they will go Cyprus if needed
Thanks. I live in an area where there could be tornado's, so as a rule I have always have some stored food, candles, batteries, etc. But I do agree with you. The food IS essential. Which you reminded me to look at expiration dates. BTW people, sorry about the typos on my first post!
In the beginning of let's something like no electricity for weeks, months or an even worse scenario. None of what you describe is useful. Can you make medicine or purify water with silver while on the run? Only when things stabilize would gold and silver be of worth.. til then it's something that simply weighs you down during your "migration". Walk 20 miles a day w/ 100 lbs on your back and you'll know worth of carrying. People like me will survive/thrive. There are MANY ways to purify water btw
As a word of advice, whenever you hear guys saying :
"There is a shortage of XYZ, buy as much as you can now !!"
… just ignore it. Its pure hype.
If you are living paycheck to paycheck, try hard to build up a 6 month emergency cash fund and stay out of debt. Instead of gold, stack food and basic essentials. If things fall apart mad max style, your store of food will be more valuable than gold.
the main use of gold is as jewelry and as a preceived store of value. a little bit of electronics.
for silver, its for electronics and reflective surfaces and other such things.
but for the most part, neither is absolutely necessary for industrial purposes as there are substitutes. the future of gold and silver hinges on whether the world eventually comes to regard it as a substitute (even a partial substitute) for fiat money.
not true.
you can get gold readily on Kitco right now. buy as much as you want.
I'm always wary when i hear the "there is a shortage of XYZ" claim. Almost always it is a piece of hype.
That being said, i'm a long term gold bug but not one to hype stuff up.
wow excellent tip! Thank you!
you can go to the bank and ask to get $20 of pre-1965 quarters. That's where silver is. Those things are worth like 25x face value in real silver. Return the ones that are not silver. You get $20 quarters for $20 so there is no dollar loss.
Mainstream media is 100% anti-silver anti-gold, there is no push for silver there.
gold and silver in previous bad times have been the #1 source of money, so why do you believe this time in history is special?
Silver is even medicine, gold certainly is needed for electronics & is an alpha-radiation shield.
Water needs purification. with what? SILVER.
Sometimes people need to MIGRATE too, and you can't carry weeks of water & food as you go, you have no such strength. Again this is why people have MONEY and gold & silver money last where paper fails.
then what do you trust? Cash in the bank? Do you realize Cyprus had a bank holiday, all funds are STOLEN, GONE FOR GOOD, soon it will be Spain, Portugal, Slovenia and Ireland, legislation already in Canada, America, UK for more? That means money in the bank is money GONE FOREVER, never to be used by you. EVER. Retirement, mutual funds, all of it, GONE.
SO what will you pick?
Have things to trade that people need if things go bad.. food, water, seeds, batteries, a skill, etc..gold and silver are nothing more than door stops if things go bad.
correct
Well I will not be sorry because I am poor, so I do not have the resources to buy any metals anyway…. I live paycheck to paychek. I understand what you are saying, and I thank you for your videos, however, there is so much push everywhere, including main stream media for this, I am quite suspicious. That I do not have money, does not mean I do not want to be aware of what is going on.
Guess you haven't checked out metal sites to see SOLD OUT on them or products not available. If they do show available, try buying something and see when you will actually get it. Go to my blog, between this interview and the information I put up from Jim Willie today, see the comments. People are giving REAL world experiences of not being able to get metals and the premiums going UP! So… don't trust it and you will be one that will be sorry one day.
I don;t know, call me crazy, but everyone is pushing so mucgh this gold and silver thing, I do not trust it.
There is no law that says americans cannot charter their own banks and credit unions independant of the central bank
Thank you, Sherrie.