Ron Paul's Long-Term Holdings Outperform The Market And Most Pros

Clever man, invest in gold then take every opertunity to convince other to buy gold which of course pushes up the value of his holdings.
Some might say that you should feel sorry for those that "invest" when prices are at record levels in a "buy gold" fever, but without those people you couldn't be posting such good returns

[Skybird]

Clever man. I wished I had a little more money some years ago to buy more than just the pathetic ammount of gold I have. Gaining some liquidity in the forseeable future, I see gold now beeing to high as if I would risk to buy it, but the paper-value market is extremely dangerous now. That leaves me in a dilemma, for I really do not know what to do with money right now. To me, a major collapse is inevitable, the only question is: when? Of two things I am certain. It will come unpredicted, and nobody will be able to react to it. That is because it will happen FAST. If it weren'T fast, on could forsee it, and react to it.

Money doesn't make me happy, it seems.

[Tchocky]

The nice thing about gold is that if society collapses it still has value. You can eat it.

[kraznyi_oktjabr]

Originally Posted by Tchocky

The nice thing about gold is that if society collapses it still has value. You can eat it.

"Genghis killed many of the inhabitants, enslaved the rest, and executed Inalchuq, possibly by pouring molten gold or silver down his throat as retribution for the capture of the Mongol caravan."

See gold is obviously highly nutritous and very filling, there is no record of Inalchug asking his waiter for dessert so it must have been a great meal by itself

[Skybird]

Originally Posted by Tchocky

The nice thing about gold is that if society collapses it still has value. You can eat it.

In case of a collapse of society, you can trade gold for food and items for much longer than you can with coins and notes and shares and bonds. Thats why they say that gold and diamonds are more disaster-proof a currency, than any regular currency of cheap metal coins and paper notes ever has been in known history. Also, a massive inflation will kill (=devalue) your sack of coins and notes - but likely not your chest of gold. Wait some time after the fall, and gold will equal its former value again, or more. Your bunch of old banknotes, however, will be worthless a trading item.

Use Google-Picturesearch and enter "Inflationsgeld". We have had notes of 10 and even 50 million Reichsmark in 1924 - enough for one trip to the shop, if you kept your money together and bought only the maybe five most urgent items of everyday life.

Not that you do not know that. Think you want to give gold a bad name for some principle or ideological reasons, eh?

Well, you may ignore the danger of market collapse, galloping inflation, and stock market crash. But all of these, ignoring them or not, still can bite you in your lower bottom. Except you have exchanged your savings into something precious and rare. Like jewelry, for example.

Or gold.

[mookiemookie]

Originally Posted by Skybird

In case of a collapse of society, you can trade gold for food and items for much longer than you can with coins and notes and shares and bonds.

In case of a collapse of society, your gold is going to be as worthless as any other form of currency. Gold won't help you survive. Weapons, ammunition, food and water will.

[Penguin]

Originally Posted by Tchocky

The nice thing about gold is that if society collapses it still has value. You can eat it.

We have a take-out in my hometown, which sells Currywurst covered in leaf-gold, so the Yuppies can take a golden dump.