Stock Market and Dollar Collapse (Part 3 of 3)

Gold = money -> …
Gold = money -> money=gold
money= pie

GOLD IS MONEY! Its …
GOLD IS MONEY! Its the perfect currency because its nearly impossible to wrecklessly make more.

we need a proper …
we need a proper money more than we need oil, people got by just fine in times past without oil, but they’ve always needed a good currency, and gold was consistently chosen. Oil will only be demanded while our current technology needs it, when a technology comes along that is superior in function than what we need the oil to power, then it will no longer be wanted unless it becomes much cheaper than the new more highly demanded alternative, and then down goes it’s value to compete.

in fact, on top of …
in fact, on top of all these qualities that are needed in an ideal currency, it is one of the few commodities that is one of the most resilient against corrosion, so if you hold a gold coin in your hand then some of that gold may well be the same gold someone in ancient Babylon held in their hand, now what other ‘store of value’ is there that also fits the other qualities that a commodity needs to qualify as the top choice as a currency?

All fiat currencies …
All fiat currencies have failed, every single one, yet gold is still used as a store of value with no costs between time of purchase and time of sale when you own physical, and has been used as a ‘store of value’ for thousands of years by many cultures. That is it’s use, what else has such a good track record of doing that? and why would anything else do it better from now on?, if you want a highly liquid and divisible store of value, then most of the time you will chose gold over other options

get real assets you …
get real assets you can use and that you can trade with others.. Food, Water, Energy is at the top of the list.

How will we in …
How will we in Central America survive. I live in El Salvador, and we do use the dollar as our currency????

“The stock price of …
“The stock price of this gold mining company soared relentlessly upward during the entire bear market. Homestake Mining stock rose continuously from $80 in October 1929 to $495 per share in December 1935 – which represents a total return of 519% (excluding cash dividends) during the devastating bear market period.”

I hate these kind …
I hate these kind of college boys trying to play financial expert !!
BS !!

Thanks man, very …
Thanks man, very informative.

I disagree that …
I disagree that gold doesn’t have intrinsic value. I totally agree that the U.S. dollar is set to collapse, however. The reason gold will always have value is that it is universally accepted, no matter where in the world you go. Even if the dollar collapses, it will be a lot easier carrying around a bag of gold coins than it will be to drag around 20-30 barrels of crude oil everywhere you go.

Gold is used, it …
Gold is used, it has intrinsic properties. Every computer has a cpu with gold in it. It’s not used as much as silver, but it is used.

Gold is also gods money – a store of value. Did you know you could give one ounce of gold to everyone in 1900 and still today – you can give one ounce of gold to every person. as gold and propulation is directly proportional.

gold is money. currency is not money.

Get food, water, …
Get food, water, basic household, automotive, medical supplies, things which people always need and use, remember, it’s difficult to make predictions, especially about the future (Yogi Berra)

not much to print, …
not much to print, most of it consists of electronic entries on computers, something like less than 5% is used in actual bills/coins…as for as gold being worth something because people think it is, how about the dollar ? backed by nothing other than people’s belief that it’s actually worth something

7-10 years sounds …
7-10 years sounds right. 8 based on the last 80 years of data with inflation. It could range for 3-4 years even if the bottom is in 2-3 years from now.

short the dollar …
short the dollar long term. Not short term

Gold is stable. It …
Gold is stable. It neither rises nor falls except as the total amount of available gold is compared with production of goods. If production stops and goods are in short supply then more gold is required to buy. Currently, gold is priced relative to the Dollar. As this “paper” in circulation is increased it drives the price of gold up due to the watering down effect of the previous amount of “paper” in circulation. This is simple economics and should be easily accepted as fact.

Gold is stable. It …
Gold is stable. It neither rises nor falls except as the total amount of available gold is compared with production of goods. If production stops and goods are in short supply then more gold is required to buy. Currently, gold is priced relative to the Dollar. As this “paper” in circulation is increased it drives the price of gold up due to the watering down effect of the previous amount of “paper” in circulation. This is simple economics and should be easily accepted as fact.

Correction: gold is …
Correction: gold is not used in computer circuit boards because it does not rust although that is true and a nice side property. Number one is that gold is unique in its ability to be pressed so thin without weakening and second is its efficiency in conducting electricity, better than any other metal. High current capacity with great heat dissipation properties. Oh, and WAY less than on ounce in a computer, probably less than a tenth of an ounce but I am not sure.

i agree and …
i agree and appreciate all the info in the videos…but…with all the government manipulation in the markets predictability seems to be vanishing.

with the collapes …
with the collapes of industry it would seem that equipment like tractors and farm equipment would be an excellent hedge against the collapse…especially in this period of deflation..

interesting…you …
interesting…you said…”printing like there is no tomorrow”…i think that is what they have assumed…i believe they know the dollar is doomed..so creating seemingly unlimited amounts of a soon to be obsolete currency isnt worrysome …the worry is when does the clock run out…? maybe they have a date already….a date to collapse the currency and repudiate the debt…

The 3 videos were …
The 3 videos were excellent. great job. well presented and backed by intelligence not just scare tactics or typical doom and gloom

Wouldnt the best …
Wouldnt the best dollar fall play be UDN?

instead of Buying another currency you short the dollar relative to 6 or so other currencies?

as long as the dollar is down more than the others which it probably will you will gain. So its a safer play.

hi ELM. Thanks for …
hi ELM. Thanks for for vids. great work. but more importantly your message of acceptance of the new world shaping itself out there is just great. it has really helped me. it has brought a calm over me. as well, your long term secular bull and bear market presentation is extremely helpful. how far off do you see the secular bull market? 7-10 years away? Thanks again BJM