Last edited by Franco; 07-24-2014 at 07:25 PM.
As an individual, I see no value in holding gold because in the event of a collapse, there would be few places to spend it. As 44 pointed out, individuals would be better off with ammo. Ammo and fertilizer.
But, a Nation without large gold reserves is a bankrupt nation.
BTW, The Mind Unleashed is a "think" website! The writers are off the wall and challenge readers to think. Unlike many political websites which only present their agenda or "dogma". They only accept articles that scrutinize the norm.
Last edited by Franco; 07-24-2014 at 11:22 PM.
About the author: (taken from Franco’s article)
Julian Websdale is an independent researcher in the fields of esoterica, metaphysics, and mysticism.
(Source from Franco’s Article) David Vaughan Icke - He promotes conspiracy theories about global politics and has written extensively about them.
…., when in 1990 a psychic told him that he was a healer who had been placed on Earth for a purpose, and that the spirit world was going to pass messages to him. In March 1991 he held a press conference to announce that he was a "Son of the Godhead”
Franco, I'll take that worthless paper off your hands!
Paper money is a means of exchange, just like trading tomatoes for bullets. Problem with trading tomatoes for bullets if you don't need one of the other you have a problem. Same problem with trading gold, it is problematic because of its weight and the changing value. Now with electronic money velocity is increased so money trades faster, in other words it is in your account quicker available for you to spend quicker. The gold standard is so obsolete it doesn't deserve discussion. It is a real asset just like land but its value fluctuates just like land so matching paper to gold is problematic because the value is always changing. So having an underlying asset under your paper is just foolish.