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Showing posts with label Precious Metals. Show all posts
Showing posts with label Precious Metals. Show all posts

Monday, January 5, 2009

Precious Metals is the ONLY real currency, what did you think paper money was backed by?

A picture of 'Mansa Musa' holding a Gold Nugget, this was when trade roots extended all throughout Africa; and you couldn't survive unless you could barter something, and if you had a skill that was IN DEMAND then you'd get payment in gold.



I’ll only venture to guess that we could see a monster financial crash, sometime in 2009. To some extent, all currencies are now free-falling together, some at slightly faster rates than others, but the situation of the U.S. dollar is so grotesquely dire, and it's structural imbalances so monumental, that it is hard to imagine that U.S currency will not win the international race to the bottom. Gold resumed its movement upward against the dollar a week before Christmas, and that may be an early sign. Even Microsoft is said to have laid off 17% of its workforce, this was reported as recently as January 2 2009 - www.mediapost.com

Greater minds then I, who were themselves conservative estimate analysts of the financial problem are now full-out saying with me that we are in a depression, not a recession, but yes...a depression.

The reason why you can't fathom that we are in a depression is because you probably can't imagine the depression in any other way but in black and white just like this picture below, so for you the depression isn't real to you yet, but you will see it sooner then you think...



Sprott Asset Management is a very reputable financial source of information, I encourage you all to read this article because I was shocked to see such straight talk from a financial investment leader being very candid about what we all gotta hear more of Click here


All great republics throughout history cherished sound money. This meant that the monetary unit was a commodity of honest weight and purity. When money was sound, civilizations were found to be more prosperous and freedom thrived. The less free a society becomes, the greater the likelihood its money is being debased and the economic well-being of its citizens diminished.

-- An example below...

AMSTERDAM (Reuters) - The U.S. dollar's value is dropping so fast against the euro that small currency outlets in Amsterdam are turning away tourists seeking to sell their dollars for local money while on vacation in the Netherlands.

"Our dollar is worth maybe zero over here," said Mary Kelly, an American tourist from Indianapolis, Indiana, in front of the Anne Frank house. "It's hard to find a place to exchange. We have to go downtown, to the central station or post office."

That's because the smaller currency exchanges -- despite buy/sell spreads that make it easier for them to make money by exchanging small amounts of currency -- don't want to be caught holding dollars that could be worth less by the time they can sell them.

The dollar hovered near record lows on Monday, with one euro worth around $1.58 versus $1.47 a month ago.


Hope you guys see what I see coming...

Saturday, December 6, 2008

Was it karma for all the diamonds mined and stolen from Africa?



4 armed men in wigs and female clothing (eluding security guards with their unusual disguises) pulled off a £70 million dollar robbery at one of Paris's top jewellery stores - Harry Winston. I came across this story and I immediatly thought this to be the stuff of movies and my favorite heist movie is Dead Presidents lol.

December, 4th, 2008



The thieves stormed into the store at around 5.30pm, pistol-whipped the staff and herded them into a corner. Speaking a mixture of French and a foreign language not recognised by witnesses, two of the robbers wearing ski-masks, ordered workers to fill a sack with precious gems and watches from the window display cases, and another frog marched the manager to the hidden safe. Within minutes the gang had vanished on motorbikes and not a shot was fired. This went down as the 2nd largest successful robbery unhitched by law-enforcement. Belgium holds the record for the world’s biggest jewellery heist, losing £85 million in jewels to a raid in Antwerp on Valentine’s Day 2003.

What's really funny is that this very same Paris Harry Winston store was robbed of £9million in jewelery just 14 months ago. The theives appeared to have detailed knowledge of the store, they knew the location of supposedly top-secret storage boxes and referred to staff by their first names (it was a beautiful inside job).

There is an enormous amount of interest in stones right now


The importation of precious stones and pearls have shot up in value recently in the wake of harsher economic disparities all over the world. Precious stones have always been considered prosperity commodities. Diamonds are very expensive, as is Tanzanite - which is rarer than diamonds and these would sell like crazy in a black market. Large sized Rubies and Emeralds are rarer than large sized Diamonds, by large I mean 2 carats and above and these would be of the kind sold at Harry Winston.

This was a Crazy inside job...lol

Wednesday, November 12, 2008

An Ounce of Silver is about 14bucks

Discover how Gold & Silver have been utilized by the wealthiest of families in order to Pass down wealth from generation to generation, especially during hard economic times. This video is a short lesson about inflation and the worth of paper money today...

Quite Educational


Gold moves higher as investors hedge against inflation, but look for Silver to do just as well, and it can be bought at prices that are much lower. An ounce of silver is only about 14 bucks, if you've got a few thousand dollars to play with buy a bunch of silver bars and keep them in a good solid safe, they may end up being worth 3 times as much in the near future.



A good site for buying Silver: www.NWTmint.Com

Peace out!!!