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Imperial Forum → Politics → Invest in GOLD!!
for the last 6 years in a row Gold production has fallen. Demand for Gold is up- from China & India.
2/3rds of the worlds Gold is made into jewelry- the rest is stored for investment or is used on electronic chips, for athritis & even health treatments.
world currencies are fluctuating- Gold is a good for safety!
thats all folks
I believe you may be too late.
But thats just me.
let us know how much you made a couple of months from now 
Not to mention that historically gold doesn't perform anywhere near as well as "the market" in general...
i would much rather convert my money into rials(UAE currency)
and gold is too high right now, i believe it's over-valued, it shouldn't drop drastically, i would think it should stay around where it is now, but you won't really make any money of it, over time
what's the point? if it really hits the fan your govt will ban private ownership of gold and force you to sell at a set exchange rate
lol @ Yell.... always the pesimist...
Yell is half correct.
The "if" part is where he is wrong. It just a matter of when. And don't think the US is immune to that either, it happened in 1971.
If you look at a chart of oil vs gold it tells an interesting story.
Some people believe the world is on the brink of a resource war and currency is no longer important. This is the reasoning behind the US government not caring about the massive and increasing debt. Doesnt matter anyway, either the US currency become worthless in the face of a resource war or the interest rates go through the roof in the face of default risk.
well i agree with the part american currency is guna be worth almost nothing soon
it already sucks
go DUBAI
it's on top of my list of places to go after finishing my MBA
why will you begin going there:P? vacation, shopping, spending money etc:P? try to start some business there ? try and buy some land there? good luck lol (i dunno wehter yr from a rich fam or have some similar background, that might help )
business/land/vacation/work
still some years left
regardless i'm moving there
X(
It will come back!
So will disco!
That's why the only real way to secure your gold investment is to keep a physical stock in a private location.
same applies to a physical stack of C4 but you wont do that would you?
When the government outlaws it what good is it?
Might as well keep a stack of beef jerky and trade that instead.
When the government's authority is no longer recognized.
I Love Beef Jerky
no doubt gold is better than paper money 
the reason is government cant print gold out of thin air
Actually porn is in a tailspin, because people are offering it for free on the internet.
"the reason is government cant print gold out of thin air"
But any dick can dig it out of wet ground.
lol I just got back from a friends place, this friend is a strong strong 'theory' fellow. Conspiracy theory to be exact. And his comments on gold... lol.
The siezure of gold seems to have evidence of truth, but is it truth? Or is it just a created story? So I gotta look into it...
yes during the Great Depression private ownership of gold or gold certificates was forbidden and people were ordered to turn them in and accept currency.
"the reason is government cant print gold out of thin air"
"But any dick can dig it out of wet ground."
but the amounts are very limited and digging is quite costy/ It is much harder than printing money or entering new digits into computer.
one more thing about gold is that one can hide it from authorities as opposed to real estate which you cannot hide or defend from authorities
Imperial Forum → Politics → Invest in GOLD!!
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