sinsin2 Posted May 20, 2011 Report Posted May 20, 2011 Hi I have been of the board for a while. In Ireland/ EBC/IMF takeover. Contagion is spreading. IMO it is unstoppable. US$ is dead in the water. I advise all retirees to convert at least 50% of their cash into gold. Best Wishes
buffalo_bill Posted May 20, 2011 Report Posted May 20, 2011 Would I be invested in gold I would try to get rid of it
sinsin2 Posted May 20, 2011 Author Report Posted May 20, 2011 OK...But Germany is in the biggest shit. I am only advising guys who have all their assets in cash.
allistar Posted May 20, 2011 Report Posted May 20, 2011 I'm waiting for JJ's financial advice. He always makes the right move, as he has told us countless times after the fact. Maybe, he will make an exception and tell us before the fact.
Bangkoktraveler Posted May 21, 2011 Report Posted May 21, 2011 Today (Saturday) at 6:00 PM the world will come to an end. Most people will end up in hell and a few in heave. If you have any cash or gold or material things, give them to me and I will put in a good word for you. God Bless!
ozpharlap Posted May 21, 2011 Report Posted May 21, 2011 Crap. Agree, I don't realize people realize what, with a major blow to terrorism recently, how much stable the world markets have become. Mind you, that does not mean the current weak nations are not still going to be exposed, they will be, but this thirst for gold will go quiet IMO I have ducked downed to Hua Hin, so, if the world does finish today, life is good at the beach
Soi biker Posted May 21, 2011 Report Posted May 21, 2011 bb What would you do with that gold trade it for worthless debt backed paper? OZ If the markets are getting more stable, one of us must be missing something.
ozpharlap Posted May 21, 2011 Report Posted May 21, 2011 bb What would you do with that gold trade it for worthless debt backed paper? OZ If the markets are getting more stable, one of us must be missing something. Yes, there are lots of bubbles around at the moment and they are stabilizing, even if some countries are going backwards at an alarming rate, the reason they are is because they have been inflated for years. All England had was a strong banking regime, and they blew that with corporate greed, and they are in the dog house because, let's face it, that don't do anything ... the USA is up the creek without a paddle because it has been over spending and inflating property prices. Australia's time will come, hopefully not until a few years, why, because they don't make anything anymore
chuckwoww Posted May 21, 2011 Report Posted May 21, 2011 Most of the gold demand is coming from India (inflation 9%) and China. Are those your idea of stable markets? http://www.prlog.org/11503134-gold-prices-rose-as-chinas-invest-in-gold-surged-179.html
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