1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Start investing in gold guys..does anyone here trust their bank?

Discussion in 'BlackHat Lounge' started by kasher9, Oct 21, 2013.

  1. kasher9

    kasher9 Jr. VIP Jr. VIP

    Joined:
    May 12, 2009
    Messages:
    529
    Likes Received:
    341
    The debt ceilings been raised yet again, I know its old(ish) news but its become more apparent than ever that gold is the way to go.

    Gold is the only thing that will differentiate the rich from the poor once our "genius" governments face the reality that this debt is never gonna be paid. Perhaps germany had it right in 1949..wipe the money system and reboot...sort of speak..I dont mean to sound like a hippie pragmatist but I just dont trust banks (coming from a management account) what do you say? Please dont make this into a political discussion, I just want to get peoples views on how they hold their savings
     
    Last edited: Oct 21, 2013
  2. Y060N

    Y060N Junior Member

    Joined:
    Oct 12, 2013
    Messages:
    136
    Likes Received:
    49
    Location:
    Lazytown
    Adsense has been sending me little nuggets of gold now for over 5 years, you can go to your settings and change your payment status to "financial or apocalyptic prepper" - be sure to get yourself a small underground shelter and store with plenty of food!
     
    • Thanks Thanks x 1
  3. kaylanewett

    kaylanewett Power Member

    Joined:
    Jun 8, 2013
    Messages:
    611
    Likes Received:
    547
    Location:
    NYC
    I think Silver is a much better option at this point. When it comes to that time, gold is too valuable for small payment. Plus when gold goes down like it is now, it stays that way for a very long time. Silver is much more volatile so you can buy it low, and sell it high in a couple months or a few years.
     
  4. SocialMediaManager

    SocialMediaManager Elite Member

    Joined:
    Sep 20, 2012
    Messages:
    1,706
    Likes Received:
    746
    Occupation:
    Internet Marketing , Climbing
    Location:
    Dubai
    Qadafi Had Given this Suggestion and See what happened to him
     
    • Thanks Thanks x 2
  5. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Premium Member

    Joined:
    Nov 10, 2012
    Messages:
    10,124
    Likes Received:
    28,563
    Gender:
    Male
    Occupation:
    Fun Lovin' Criminal
    Location:
    London
    Home Page:
    forget silver or gold, START INVESTING IN GUNS AND AMMO
     
    • Thanks Thanks x 5
  6. kasher9

    kasher9 Jr. VIP Jr. VIP

    Joined:
    May 12, 2009
    Messages:
    529
    Likes Received:
    341
    LOL Yeah but gadaffi also believed that his sunglasses made him supreme, so you know...
     
  7. rangerOH

    rangerOH Regular Member

    Joined:
    Aug 5, 2013
    Messages:
    248
    Likes Received:
    149
    Occupation:
    seriously?
    Location:
    Earth
    guns and ammo is the way to go :D
     
  8. silentthunder

    silentthunder Jr. VIP Jr. VIP Premium Member

    Joined:
    Feb 6, 2009
    Messages:
    525
    Likes Received:
    1,342
    Occupation:
    cpa
    Location:
    In the pink
    As much as I trust my mechanic. :D
     
  9. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

    Joined:
    Dec 7, 2007
    Messages:
    1,045
    Likes Received:
    935
    Occupation:
    Internet Farmer
    Location:
    Pineal Gland
    Home Page:
    How about bitcoin??
     
    • Thanks Thanks x 1
  10. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 5, 2012
    Messages:
    4,345
    Likes Received:
    11,253
    Occupation:
    travəlɪŋ
    Location:
    Aibres
    Home Page:
    Who's he to give running water in the middle of the desert, free oil to his citizens and to turn back to gold standard?
     
    • Thanks Thanks x 3
  11. dys872

    dys872 Junior Member

    Joined:
    Jun 24, 2010
    Messages:
    185
    Likes Received:
    54
    Occupation:
    IM
    Location:
    Planet Earth
    the fiat bs money will collapse. If the people where not so ignorant there would never be fiat money so the rules steal from us which is why we need a republic not a democracy. In any case the money will collapse it always does and always will (no exception ever!)
     
  12. kasher9

    kasher9 Jr. VIP Jr. VIP

    Joined:
    May 12, 2009
    Messages:
    529
    Likes Received:
    341
    I'm guessing your wife is not happy with his ...interest of yours haha
     
  13. forlearnx

    forlearnx Regular Member

    Joined:
    Apr 20, 2011
    Messages:
    392
    Likes Received:
    92
    Location:
    UK
    Time to buy authority sites
     
  14. irdeto

    irdeto Regular Member

    Joined:
    Mar 18, 2010
    Messages:
    390
    Likes Received:
    163
    You say don't make it into a political discussion yet the very foundation of your 'idea' has stemmed from a political campaign designed to make even more innocent families and retirees invest their hard earned money in a precious metal trade they do not understand.

    Everything has a value?.. but as they say, what goes up must come down.

    Gold, bonds and the whole lot? it's all going to hell.

    Don't fall for this BS. Find other ways to invest. :)
     
  15. Alpha.

    Alpha. Power Member

    Joined:
    May 11, 2013
    Messages:
    505
    Likes Received:
    236
    Location:
    Europe... No Borders? No Worries!
    Investing in Gold is a bit of a gamble nowadays... it dropped by nearly a third since December 2012!

    If you want to be on the safe side, diversify your money in different stable currencies etc. I have some in Swiss francs, British Pounds, Norwegian Krone and I always buy Dollars when the Euro-Dollar exchange rate is high etc... Plus I bought some gold back in 2008 (lucky me, right?)

    Diversify and conquer! Nothing is truly safe nowadays.
     
  16. Patel

    Patel Senior Member

    Joined:
    Mar 1, 2011
    Messages:
    1,116
    Likes Received:
    1,503
    Location:
    On the coast
    Good route for sure! just look at the charts lately

    It has all the properties of gold, but digitalized.

    Gold is mined, bitcoin is mined. Both difficulties rise as there are more miners.
    Gold is used as store of value, bitcoin too.
    You can trade gold, you can trade bitcoin up to the exact value amount .00000001 is the smallest value


    Gold is difficult to move around, Bitcoin you can keep all your wealth entirely in your mind.
     
    Last edited: Oct 22, 2013
  17. iglow

    iglow Elite Member

    Joined:
    Feb 20, 2009
    Messages:
    2,080
    Likes Received:
    856
    Home Page:
    yeh gold, bitcoins and silver.
    also only fools keep all mone yin normal banks - go private.
     
  18. euros123dotcom

    euros123dotcom Junior Member

    Joined:
    Aug 2, 2013
    Messages:
    133
    Likes Received:
    123
    If things really go downhill, then there is no Gold that can save your ass. Take Germany - 1933-1945 > people with valuables on the run (mostly jews) where the first to get a head shot and their Gold ransacked. If everybody is starving (and this IS the scenario we are looking at if a big economy collapses - or even a currency like the US$) then you can't eat your Gold, you have to store it somewhere and protect it and you are the best target for criminals.

    Bitcoin? Electricity...Servers and being online could be a bitch.

    The only metal you will need (in such an extreme scenario):
    am-ammo.jpg
     
  19. hustleup

    hustleup Regular Member

    Joined:
    Apr 18, 2010
    Messages:
    227
    Likes Received:
    33
    for anyone who is in the know Gold price is being manipulated right due to the markets doing "so well" the reason why the markets are doing so well because we just had qe3 and the gov injecting 80 billion a month into the market to make things look good. Gold should be at 2k maybe even higher but yea invest in gold silver bitcoin and precious metals hard assets and move the fuck out of USA or any country tied in with USD because when it does collaspe which it will, it will get ULGY so do what you gotta do to survive
     
    • Thanks Thanks x 1
  20. Getwhatchuwant

    Getwhatchuwant Jr. VIP Jr. VIP Premium Member

    Joined:
    Jul 25, 2011
    Messages:
    1,922
    Likes Received:
    1,302
    Occupation:
    Peeping Tom
    Location:
    Florida
    Forget Guns, Forget Gold...

    TINFOIL is the ticket!!

    tinfoil.JPG
     
    • Thanks Thanks x 2