germans are buying gold liek crazy.

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  • pico
    BARRELED IN @ SBR!
    • 04-05-07
    • 27321

    #1
    germans are buying gold liek crazy.
    think the european gov are broke.

  • pico
    BARRELED IN @ SBR!
    • 04-05-07
    • 27321

    #2
    Mind you though, there is 78 times more "paper-gold" being held by investors than physical gold in existence on this planet that has ever been mined, according to the World Gold Council. (A similar number is considered likely to apply for silver too).
    Comment
    • pico
      BARRELED IN @ SBR!
      • 04-05-07
      • 27321

      #3
      Therefore, investors should stay clear of buying paper-metal accounts from banks which typically are not backed by any physical metal at all and are therefore subject to default risk.
      Comment
      • InTheHole
        SBR Posting Legend
        • 04-28-08
        • 15243

        #4
        Originally posted by pico
        Mind you though, there is 78 times more "paper-gold" being held by investors than physical gold in existence on this planet that has ever been mined, according to the World Gold Council. (A similar number is considered likely to apply for silver too).

        The real number is somewhere in the area of 1 to 150 and higher for silver
        Comment
        • Fishhead
          SBR Aristocracy
          • 08-11-05
          • 40179

          #5
          Buy farmland, you have one last oppurtunity in your lifetime.
          Comment
          • ABEHONEST
            SBR Hall of Famer
            • 06-27-09
            • 9470

            #6
            Originally posted by Fishhead
            Buy farmland, you have one last oppurtunity in your lifetime.
            USA better "buy",or steal CANADA,before the future scorching heat wave hits !
            Comment
            • Fishhead
              SBR Aristocracy
              • 08-11-05
              • 40179

              #7
              Originally posted by ABEHONEST
              USA better "buy",or steal CANADA,before the future scorching heat wave hits !
              Global warming???
              Comment
              • ABEHONEST
                SBR Hall of Famer
                • 06-27-09
                • 9470

                #8
                Yes !
                And GORE "said so too !"
                Comment
                • InTheHole
                  SBR Posting Legend
                  • 04-28-08
                  • 15243

                  #9
                  Comment
                  • Nickelicious
                    SBR MVP
                    • 05-21-09
                    • 2647

                    #10
                    My dad has a shitload of gold coins hidden in his basement... And an array of firearms in his bedroom.

                    I hope to be like him when I grow old.
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      We will be in a depression in about 5 years

                      Gold will be king
                      Comment
                      • pico
                        BARRELED IN @ SBR!
                        • 04-05-07
                        • 27321

                        #12
                        jjgold. go buy some gold and glock.
                        Comment
                        • wtf
                          SBR Posting Legend
                          • 08-22-08
                          • 12983

                          #13
                          come on who wants to live like that? have to shoot neighbors for food or defend yourself constantly

                          surviving is not living
                          Comment
                          • Leverage
                            SBR Sharp
                            • 07-30-09
                            • 253

                            #14
                            As Tony Soprano said "Buy land. God ain't making any more of it."
                            Comment
                            • pico
                              BARRELED IN @ SBR!
                              • 04-05-07
                              • 27321

                              #15
                              Originally posted by Leverage
                              As Tony Soprano said "Buy land. God ain't making any more of it."


                              thinking about that too. but you need guns to protect your land.

                              in more civilized places, you can't own the land, but lease it for like 99 years.
                              Comment
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