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<p>[QUOTE=&quot;fools_gold, post: 1030873, member: 20669&quot;]That is a good observation. And is one of the major differences this time around is that our currency is the world reserve currency. The &quot;world&quot; has never been in a situation of this magnitude before. For all the printing of FRN&#039;s, helipcopter Ben may only look like a dimwit, but really knows the real effects. Other world leaders and gov&#039;ts have the power to decide for themselves what they want to do to counteract our printing. This viscous cycle just can&#039;t keep continuing it is not sustainable......</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Well I was in high school in the 90&#039;s so needless to say no one told me one thing about PM&#039;s. I would have LOVED for someone to have given me a lesson on currencies/PM&#039;s, printing, I honestly think I would have heeded their warning. And back then PM&#039;s were extremely affordable.....</p><p><br /></p><p>&nbsp;</p><p><br /></p><p><br /></p><p><br /></p><p>Frugal is me, not cheap. As everyone here probably knows the difference. I think our downfall is that we were frugal, but saved with U.S. dollars. We executed correctly, just saved our money in the wrong form. It almost seems like a &quot;you can&#039;t win&quot; game. If frugal individuals like us got bitten, can you imagine the paycheck to paycheck people?</p><p><br /></p><p><br /></p><p>&nbsp;</p><p><br /></p><p><br /></p><p><br /></p><p>I kept the promotion very very minimal. That promotion is now over. To my closer friends, I&#039;ve shown them youtube video clips explaining inflation and what the Fed is doing and they were outright scared. But it seems as though that &quot;scare&quot; tactic lasted as soon as they walked out my house...... =/</p><p><br /></p><p><br /></p><p><br /></p><p>&nbsp;</p><p><br /></p><p><br /></p><p>I actually don&#039;t take comfort in seeing these gold and now silver commercials because it makes me think if I&#039;m the one getting jipped. When they had those gold for cash commercials there was no way I was going to sell gold....so it makes me think a little, now they have &quot;buy gold&quot; commercials should I be buying?</p><p><br /></p><p>I think in this case, yes!!! Just not from them....</p><p>&nbsp;</p><p><br /></p><p><br /></p><p>If I didn&#039;t have a day job (and I am very very appreciative of that in today&#039;s climate) I would have researched Weimar Republic a bit more as well as Zimbabwe and Argentina. To go years before the crisis happened and to possibly see if there were people who cried wolf, but society didn&#039;t listen. So this is exactly why I created this thread. Perhaps with the more brains in this forum, someone can jump in and talk about the culture and mindset at the time. Someone who has done some formal research and can speak on history....</p><p><br /></p><p>I don&#039;t expect our 4th branch of the gov&#039;t(MSM) to warn us in in anyway. They are in bed with our gov&#039;t and are just as late to the party when it comes to telling you that your house is on fire. Of course they won&#039;t show any video clips or bring anyone onto their shows that were crying about the devaluing of our dollar. They will just ask simply, &quot;How did this happen, but more importantly, how can we get out of it?&quot;</p><p><br /></p><p>Notice what I said, they will quickly want to just jump to how we can get out of the mess....because no one wants to take the blame for not doing their journalistic duties!!!</p><p><br /></p><p><br /></p><p><br /></p><p>&nbsp;</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>For some reason this came into my mind just now....</p><p><br /></p><p>&quot;Do you hear what I hear?&quot; you know that Christmas song? LOL....</p><p><br /></p><p>Talking about gold/silver is indeed up there with sex,religion and politics. For some reason, we are willing to talk about 401K&#039;s a little bit more at holiday parties but it usually stops there. My two best friends we talk about everything. I know what they make, I know their goals, plans, we are all on the same page so there is no hiding anything. Beyond my closest friends, are your regular &quot;friends&quot;....you know, the ones you can email or call just to chat but they aren&#039;t really close. The ones you see more often at parties and holiday gatherings. I look at them at the boundary of friendship. Those are the ones that are just a complete loss cause, no offense to them.</p><p><br /></p><p>My closest friends I&#039;m a little shocked I can&#039;t convince them to buy any PM&#039;s. Now, to be fair, I&#039;m a single guy. My decisions are my own. They are both married with kids. So it&#039;s not as if they can just go out and purchase it either because I told them to. Not to say wives don&#039;t understand either because Lucy you clearly are interested. But I think, and no offense to women, the majority, just like males, aren&#039;t all that interested in a gold coin sitting in their sock drawer.</p><p><br /></p><p>So even if I could convince the males, they would have to in turn, convince their counterpart. And I could clearly see this situation play out where the Mrs says, &quot;Well, if we&#039;re going to pay $1400 for an ounce of gold, why not just get me gold earrings worth that much? At least I can wear it no?&quot;</p><p><br /></p><p>Again, not bashing females in any way, but you know what I&#039;m getting at right? </p><p><br /></p><p>To your point, who am I to tell them what&#039;s right? We are all so used to MSM and gov&#039;t telling us what&#039;s right so if MSM isn&#039;t panicing about gold, then maybe &quot;I&quot; am wrong? Which comes back full circle to society as whole needs to be told what to do?</p><p><br /></p><p>Was there a small group in Weimar Republic that protected themselves with PM&#039;s? How about Zimbabwe? Or Argentina? No one really talks about that small group if there even was one...</p><p><br /></p><p>Just to make a point, some of these friends have been taking vacations all year. Great for them and the economy, but all that money could have went into PM&#039;s....the bigger picture is protecting yourself down the road....or maybe I&#039;m just a party pooper.....They clearly have the money to spend....PM&#039;s just isn&#039;t on their radar and I hate talking about them that way....[/QUOTE]</p><p><br /></p>

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