$5,000 Gold or Silver Should get $50,000 Loan

Discussion in 'Bullion Investing' started by Mach, Dec 1, 2011.

  1. Mach

    Mach New Member

    I am reputed member of other Gold and Silver forums so this should not be a problem.

    I saw a TV advertisement for a finance company which gives loan against Gold as security for loan amount.

    I am saying if a person has Gold or Silver worth $5,000 then this person should get loan of $50,000 because all the serious world economic situation and war fears says Gold price will reach $20,000 an ounce is 1 or 2 years.

    Finance companies and banks have investment experts so they should be able to predict what future Gold and Silver price will be after 1 or 2 years and accordingly give loan to their customers.

    If finance companies or banks give loan of $5,000 for Gold or Silver worth $5000, they are causing big financial loss to their customers who have gold and silver.

    These people should just not sell their Gold & Silver for next 2 years and they will earn 1000% to 2000% profit without any work.

    I am saying people should get loan equal to Gold & Silver price after 2 years because serious world economic situation & war fears say Gold price will go up 1000% and Silver price will go up 2000% in 2 years.

    If finance companies and banks are not giving loans equivalent to "future gold & silver price" then people should not sell gold & silver for 2 years and they will earn 1000% to 2000% profit without any work

    Read this:

    Companies Refusing to Hire Until Obama Leaves Office

    American companies have some $3 Trillion for investment but they are not creating jobs and they are not investing.

    A west Georgia business owner is stirring up controversy with signs he posted on his company's trucks, for all to see as the trucks roll up and down roads, highways and interstates:

    "New Company Policy: We are not hiring until Obama is gone."

    "Can't afford it," explained the employer, Bill Looman, Tuesday evening. "I've got people that I want to hire now, but I just can't afford it. And I don't foresee that I'll be able to afford it unless some things change in D.C."

    Looman's company is U.S. Cranes, LLC. He said he put up the signs, and first posted pictures of the signs on his personal Facebook page, six months ago, and he said he received mostly positive reaction from people, "about 20-to-one positive."

    But for some reason, one of the photos went viral on the Internet on Monday

    http://www.11alive.com/news/article/214228/3/Company-Policy-We-are-not-hiring-until-Obama-is-gone
     
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  3. Mach

    Mach New Member

    This is the reason I have written the above:

    Pay $200 Trillion in Next 10 days

    Debt in WWII was backed by real hard assets (gold & silver) and commitments by allies to pay it back. The United Kingdom, for example, finished paying back this debt in 2006.

    Ever wonder why 60% of Germany's gold is sitting in the basement of the Federal Reserve?

    The real money is in Gold, Silver & forex because you can buy food anywhere is the world and pay with gold & silver.

    I want $200 Trillion world debts to be paid off in next 10 days and then I want to see how much money billionaires and world people have.

    Stock markets, real estates, world companies show "false profits".

    Enough of "debt billionaires" and "debt world leaders".

    Example, if a person is worth $1 million but he has $800,000 debts then he is worth $200,000 only.

    When you take loans from bank you have to provide security for the loan amount.

    If you do not pay back the loan then banks will sell your assets.

    World debts of $200 Trillion and more must have been backed by some assets as security. Sell these assets and pay off $200 Trillion debts.

    If no security was provided then how did they receive $200 Trillion plus loans or debts
     
  4. mossme89

    mossme89 New Member

    Fine, they might make a ton of money, but what if central banks jack up interest rates? Not very likely, but could happen. If it does, that person would be up the creek.
     
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