^^ deev you are speaking on points which i do not wish to say openly for fear of a big flame fest but you sir are on to something that is very sure to happen. I am saddened to see that this country is thrown to the wayside by the Federal Reserve and the Gov. We as a country are very capable of taking care of our debt and still have a economy. But the politicians dont seem to care at all.
Announcement
Collapse
No announcement yet.
Why do people keep saying buy gold....
Collapse
X
-
It's difficult to really blame politicians, since so many policies are intertwined. We have a VERY convoluted government, which makes our gargantuan economy very difficult to steer. I don't claim to know nearly enough to be able to understand it well enough to explain anything at all. I doubt anyone here does. I can only hope that those we've elected into the higher offices know.
Just from running this site, I understand how the average person has a very narrow perspective. I had to ban a kid today that ignored a rule (even after being told repeatedly to follow it), simply because he thought it was a pointless rule. He understood once I explained it to him, but by then, the damage was done. He remains banned.
It's easy to criticize a policy from the viewpoint of an individual, with little understanding of all the inner-workings of it.
Is something wrong with our policies? Perhaps. Or perhaps the direction we chose as a nation 100 years ago has just led us to this point.
We're like the Titanic. Have we veered off course? Have we gone full steam ahead without caution? Or have we maintained our course, and simply not noticed the hazards until they were upon us? Something that size is certainly difficult to turn in an emergency.
Comment
-
Originally posted by Law Grandeur View Postgold never loses its value. it actually increases. certain may skyrocket in price but thats only when its needed. once that need is gone, they return to normal value. gold doesnt. same goes for land (unless it has tons of chemical waste or radiation on it lol)
Originally posted by deevergote View PostEdit:
I think that "if we fall, China falls" argument is flawed. If China was strictly depending on us, perhaps... But China is growing from within at an exponential rate. The economic stimulation within their own borders is huge. China is beginning to experience what we experienced during the Industrial Revolution. They're becoming a worldwide economic power. They don't need us specifically.
The great thing about a world economy is that it's impossible for EVERYONE to be poor. When one gets poor, another gets rich. It's like "matter cannot be created nor destroyed". All the money in the world goes SOMEWHERE. In the event of a worldwide economic collapse, things would just be revalued. Old monetary systems would be eliminated, and replaced by new ones.
money/value can be lost, just like how a few trillions were lost in the stock market
Comment
-
Originally posted by Law Grandeur View Postgold never loses its value. it actually increases. certain may skyrocket in price but thats only when its needed. once that need is gone, they return to normal value. gold doesnt. same goes for land (unless it has tons of chemical waste or radiation on it lol)
Comment
-
thats whats ive heard. i dont own gold nor land so...lol
just read land is mediocre at best but precious metals are still good as a "store of value"Last edited by Law Grandeur; 08-08-2011, 03:37 AM.
no
Accord turbo kit under $2k here
$30 HID kits here Thread
"What a selfish bitch. She looks like one too. A smart-mouthed, facebook-ing, "i dont know if im straight, bi or *** yet" little brat." -greencb7inkc
"No Herra Frush, Slammed, tucked or frame dragging here. I'll leave that to the mini trucks...." -fishdonotbounce
Comment
-
Originally posted by Law Grandeur View Postthats whats ive heard. i dont own gold nor land so...lol
just read land is mediocre at best but precious metals are still good as a "store of value"
no
Accord turbo kit under $2k here
$30 HID kits here Thread
"What a selfish bitch. She looks like one too. A smart-mouthed, facebook-ing, "i dont know if im straight, bi or *** yet" little brat." -greencb7inkc
"No Herra Frush, Slammed, tucked or frame dragging here. I'll leave that to the mini trucks...." -fishdonotbounce
Comment
-
Originally posted by ChIoVnIdCa View PostWell anyways.... People keep buying gold at a all time high... Yes a all time high!
Ill be buying this
Get one of these in the middle of no where
Have fun selling your GOLD bahahaha
Never seen that before...An AR15 (M4 Carbine) with a M16 buttstock lolThe CB7 Collector.Team Kindred Impulse Member #392 LX Coupe F22A12013 Toyota Corolla S92 EX Sedan F22A1Originally posted by deevergoteDo you really need to make a thread asking if having your car like this /---\ will cause uneven tire wear? Try walking like that for a few weeks and see if your shoes wear funny! (hint: they will.)
Comment
-
Originally posted by ChIoVnIdCa View PostIMO if something happens bad enough for the US to completely fail it will be a world wide thing... Plus before we go down there is no way we wouldn't just start launching nukes at everyone.
Comment
-
Originally posted by rexload View PostIs this a serious statement? Why does an average American think that the U.S. military can nuke the whole planet but magically leave just North America unharmed... I hear this kind of thinking all the time. Do you really think that other countries wouldn't wipe out most of our country if they knew they had nothing to lose? At this point, if anyone starts launching serious weapons, you know there is a good chance that very few people will survive on the whole planet.My Member's Ride Thread
Bisimoto header before & after dyno
1993 10th Anniversary: F22a6, H23IM, Bisimoto header, Custom mandrel exhaust, 5spd swap.
Comment
Comment