Friday, February 5, 2010

Marc Faber: All Currencies are Finished GOLD/SILVER Is Your Only Saviour



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64 comments:

  1. Bull bull bull.
    Just read on google news and it just so happens
    gold futures extended 3 month lows.

    Get it right people

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  2. Not so fast 1:37! Things didn't quite finish up that way today, did they?

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  3. Gold sold off because of the comodities market contracts were coming due

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  4. Dont be fooled by the up and downs of PM's right now. Look at the long term. This is for real. I buy at $12oz and I buy at $17+oz. Its all the same to me.

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  5. @1:37 PM
    Hey, governement shill, go and read for your own protection what Gold Fixing is.
    http://en.wikipedia.org/wiki/Gold_fixing
    Then ask yourself a question: Why did the Rothschilds walk away from the gold trough? Why do I even waste my time on a dork like you.

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  6. 137 another doubting moron, gold by the end of trading was all the way back up, buy now and buy as much as you can.

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  7. Only Savior?

    Gold and silver will be worthless. lol.

    Oh, how funny.

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  8. pm's are the only savior, every fiat currency in history has failed and so will the dollar and soon.

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  9. Why did they walk away from gold trough??

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  10. the rothchilds never walked away, they own alot of it

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  11. This depression will be deflationary mostly but Gold and Silver will get some nice returns unlike oil and other commodities - Gold will go to 2,000 eventually but I just dont see the 5,000 scenario many see...

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  12. To all you doubting fools out there: you are not smarter than Evelyn de Rothschild.

    Mr. Rothschild's investment focus at this time:

    - Oil (world production is declining)
    - Gold (to counteract currency devaluation)
    - Bonds (to control nations)

    Suit yourself. Avoid PMs all you want. In time, your carcass will be placed in one of those plastic FEMA coffins.

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  13. @3:22 pm
    One would imagine that is not that difficult to run a search on Google, or you Amricans so lazy that this thought never crossed your superbowl busy minds.
    http://news.goldseek.com/GoldSeek/1258049769.php

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  14. If the system dies as it may then the worth of gold and silver will be worthless as they are just things do not you lot understand this.

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  15. 4:19 that is an ignorant statement. Based on what historic evidence?

    We are talking about real money vs fake money hear. Something with intrinsic value. Is that so hard to understand?

    How could anyone possibly argue that a fiat currency is a safer bet than G/S? That is laughable.

    The bottom line is Gold and Silver will also be worth SOMETHING. Paper Monopoly money always devalues to NOTHING.

    I'd rather have G/S anyday. Our fiat dollars are worth 4% of what they were in 1913.

    Those that like to play the fiat bankster money game, please do.

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  16. young kids what matters most ,when you close your eyes and your breathing calms ,that is different for everybody,some want death,some want peace from the surrounding sounds of artillery, some want the quenching taste of water ,some want to be confined so that others will not intrude,some want to be wrapped in the arms of the loved one,what do you want?that is the secret and your mind will take you

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  17. I want to go through the rest of my life in relative peace. I want to live in a country where 99% of the people are not brain dead sheep. I want them to wake up just enough to slow down the march of tyranny, manipulations, and skeeming of our Oligarch-run government. I want them to see all politicians are stage actors only, meaningless.

    I want them to see the corruption of the monetary system, the banksters, the Fed, that are out to destroy us.

    FIAT bankster fed notes are just soon to be worthless.

    Gold and Silver are not saviors, but they are a hell of a lot better than FEDERAL RESERVE notes.

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  18. ribin21, what the hell are you talking about?

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  19. Generic silver coins are near $16, $15 is a major buy point for me. I bought a ton in Dec 2008 for $12.80 from Apmex.

    Kind of silly for me to be so cheap and frugal. Silver is a steal at or near these prices. But it is in my nature to want the best price I can get.

    Love that silver!

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  20. 527 I hear that, I have been buying from $9.00 and have bought alot, love it too

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  21. Some people who post here seem to forget exactly what PM's are. Yes, their pretty and yes, some of their uses are for that purpose.

    But do not forget the many, many, idustrial uses that these metals cannot be substituted for. Try making the zillions of electronic connections with any other substance than gold which will never break down or tarnish and yet has super conductivity.

    Also - they seem to think that one day we'll all wake up and all 7 billion of us will be absolutly
    destitute.

    Did you know that at one time in our history that common table salt was the most valuable substance on earth?

    Point being; PM's don't just have fancy intrinsic value that can come and go on a whim of fashion. They are also used in every facet of our ( 7 billion mind you ) everyday life and as such will always command a price.

    Paper money on the other hand is - well; it's paper.You do understand that don't you? It's like the broken down fibers of a tree, bleached etc. etc. - it's paper; like toilet only with cute little etchings on it.

    It's paper.

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  22. @4:19 PM
    You clown, how's your baker or butcher is going to sell you his products and what are you going to pay them? Used toilet paper? No wonder the country in such disarray.

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  23. Some people will never learn. I am sure citizens of the USSR circa 1989 never saw it coming either. They were light years ahead of us in terms mental preparation though. Americans are going to be like infants in a baby carriage and no baby bottle.

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  24. @4:32 PM
    I think you are wrong that gold and silver will be worth SOMETHING. Things in short supply usually are worth a lot. Unless of course, your government will impose a martial law, confiscate the gold (as it did before) and silver or ban circulation of gold /silver bullions and coins. Whose unhappy with this actions will be forwarded to “re-education” FEMA camps. Your government built a lot of those for you.

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  25. To the people foolish enough to be bearish on Gold and Silver in this economic implosion of money printing and debt, please offer an alternative.

    Historically Gold and Silver have always been worth SOMETHING. There is logical and rational arguments why that will not change. As for confiscation, that was done supposely to secure the gold standard. Ask any gold bug if they would turn in their gold now to a corrupt sinister government. My guess is no.

    A ban would just skyrocket the value higher as did the prohibition with alcohol.

    Those that argue against gold and silver physical ownership are either envious of those who have it, or are great misinformed of the facts and/or history.

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  26. Ask anyone who went through the Argentina collapse if they wished they put their fiat currency into Gold or Silver. Or Iceland. Or Zimbabwe. Or USSR.

    Don't trust people that want you to have faith in the banker scum's fiat soon to evaporate into dusk currency.

    This is one subject you don't want to be naive about. It could cost you everything you have worked for your entire life.

    Wake up now.

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  27. Notice how gold articles always get lots of remarks here?

    Very little the banksters hate more than physically held precious metals. It neuters them.

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  28. Add the taxman to the list of haters.

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  29. "Let me issue and control a nation's money supply, and I care not who makes its laws." -- Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty

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  30. He must have got drunk and told the truth that day.

    Wasn't it his mommy so said there would be no wars in the world unless my son's start them? Or something to that effect?

    How true.

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  31. The question mighjt be:

    "What are all the people without Gold or Soilver going to do?"

    Why is China telling its people to buy Gold and Silver?

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  32. The ultimate saviors are LifeStraw and FoodStraw.

    LifeStraw is a straw that filters and renders unclean water potable.

    FoodStraw is a syringe straw that sips nutrients from plants and insects.

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  33. gold is metal, nothing elseFebruary 6, 2010 at 12:59 AM

    LOL! Boy, this was funny. It seems Jimmy boy has to sell some more memberships since all of us, at least a few of us, were smart enough and sell into the recent rally

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  34. Wow, this must have been a gangbusters forum that he held, just look at the standing room only in that large room!

    NOT.....what were there, maybe 20 people? Probably paid to sit there and ask mindless drone questions,LOL. Listen to the canned clapping, you can almost hear it at the end.

    Yeah, he must be credible,LMFAO!!!!

    Anytime a guy with a pony tail tells you to buy anything, run like the wind in the opposite direction, especially if he talks like he has shit in his mouth.

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  35. Not a Vatican player haterFebruary 6, 2010 at 1:55 AM

    Marc Faber doesn't have a pony tail.

    Now your argument is completely groundless.

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  36. Not a Vatican player haterFebruary 6, 2010 at 1:58 AM

    It's a pirates bow. Here is the link to the forum: http://2010.therussiaforum.com/

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  37. Classic ending disparaging comment by the host "on that somewhat unusual note"... shows the difference between online media and offline. Online, all of these opinions are mainstream, virtually the orthodoxy. Whereas people outside the internet are just isolated from obvious truths by the permaBS of the print and TV media.

    article submission service

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  38. In the near future, the only real currency will be:

    Gold
    Silver
    Ammo
    Water

    He who controls the water supply, controls the nation. That's what one of our future wars will be all about.

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  39. 3 people listening, and for a good reason. Bubles there are but the inflation this guy has been predicting for 3+ years now is simply not happening.

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  40. Too true 7:29,LMAO!

    I would be right as well if I said something long enough,lol.

    I just love how all the gold and silver bug/losers rant and rave when you say they don't have a clue as to how they are getting scammed, but when I offer my view it's because I am a gov't hack? What a joke.

    Cash is in right now, and for the forseeable future. It is not only the currency of the USA, but the WORLD...don't forget that folks.

    Yes, it's a piece of paper, we all know that, but as long as everyone perceives it is worth SOMETHING, then it is KING, the US $$ that is. Go ANYWHERE in the world and the US $$ is the money of choice.

    And as for China, who are the stupid idiots there? We send them bits of paper for real goods, which country would you rather be? Of course they tell there citizens to buy gold, they want them to think they are "protecting" thier wealth.

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  41. 10:55, you need glasses. If you had actually watched the vid, this snake oil salesman does indeed have a pony tail

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  42. He who controls the water supply ???

    Here in rural pa. we ALL have our own private wells - maybe I can start bottlin' it for all you city folk. ( I'd have to check into obtaining all those neat little chemical substances your used to recieving in your current supply 'cause my well is 450' deep and
    in a limestone vein - every year we have it tested/ last year it was as pure as reverse osmosis water )

    I love 7:46 - yeah they send us real goods alright Pal - real lead; real cadmium; and real
    mercury -- unfortunatly for us it's in food products and toys that our kids are eating and chewing on. Most of the other shit they "make" isn't worth taking home. What a deal.

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  43. 10:21 Real truth never draws a crowd. The people that draw crowds and revenue are those who tell people what they want to hear, which is rarely, if ever, truth.

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  44. It's just a clip-on pony tail. No need to get uptight.

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  45. I invest in water, seeds, and silver. Gold is too expensive for me.

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  46. Silver is better, but it is always possible to buy Gold by the gram. Not always practical to buy by the ounce.

    Generic Silver Coins.

    Of course, hybrid seeds are a winner also.

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  47. You are all a bunch of fools. I have so much gold stashed now, that if necessary, I could even make gold bullets to kill invaders. Being rich, sitting on a pile of gold, is the best feeling in the world. If you don't buy gold, you deserve your fate.

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  48. You should probably be buying silver and making your own silver bullets to use against the werewolves that will be invading in the future.

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  49. It's this simple FOLKS!
    The global financial game is over.
    Complete global collapse is imminent.
    So enjoy eutopia and pontificate over
    what will or will not be.
    The game IS up folks.
    HAHAHAHAHEHEHEHE.

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  50. I think it's smart to invest in G/S.I myself invest in silver 1 oz.coins,because if you needed to buy something with it,who could make change for gold? You'd end up paying a fortune for a loaf of bread.Precious metals have ALWAYS
    been worth something.
    My dad was in the Korean war,and he said that kids would run around with wheelbarrow loads of their currency,trying to trade it for something.
    That is what I believe will happen here.Dirty toilet paper.Firestarter,maybe.

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  57. Absolutely agree with your point. Currencies are getting too much volatile and Gold & Silver is a good investment savior.

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  58. It was just a matter of time that I managed to come to read your article and got this vital information. You are really a good writer who needs to be followed curiously.

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  59. Gold and Silver have the future that one can look to invest in. Rather than trading in currency Silver and Gold is the best option.

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  60. Gold and Silver can act as savior if you have funds for long run investments. I don't consider them as better investment when we all have less of money left. This would have been better 10 years back.

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    ReplyDelete
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