Quote:
Originally Posted by Big Ben
You are wrong. you need to learn history. Metals grow in price proportionally to how much money is being printed and the purchasing power is preserved at the same level while all of the rest who hold currency get totally robbed.
Simple example:
If someone had 100k in retirement funds ten years ago and bought at them gold at 300$ an ounce he could buy 330 ounces. Today it's worth $330x1380=$455,400. Now all the brainwashed people here and the majority of the herd on this board held their money in paper, pension funds, 401k and lost 30-40% of their sum during the last couple of years. Now they have much less then before. Bullshit? Did you watch this?
The 401k Fallout
http://www.cbsnews.com/video/watch/?...ag=mncol;lst;2
Now the level of ignorance here is just astounding. You can laugh at the messenger, call names and whatever.. Instead of addressing the substance you decide to attack me personally. It's just pathetic. |
Wait wait wait wait.
So, your magic get rich scheme example is turning $100k into $450k over the course of TEN YEARS? What is that, like a 15-16% gain per year? That's good, but it's not holy shit jump on the bandwagon shit your pants straight from god's lips good.
I gotta say though I do love when people get sucked into these scams and think it's the be all end all and go around promoting it wholeheartedly and don't listen to reason. Couple months or years from now it's going to be like a bad hangover when they realize what a complete ass they made of themselves the night before.