The attempts to get you to buy gold are off the charts! EVERY "conservative" TV and radio station has a different gold company running the ads, with the hosts claiming "X is the only company I trust". It seems like whenever there is a huge push for something like this, it is all part of a behind-the-scenes plan to rip off the average joe. My feeling is that if the SHTF and the economy collapses, what good will $100,000 in some gold company stock/fund do you? Is anyone else going to buy your $5,000 /oz gold? My theory is that this huge gold push is to drive the price of gold up to a point where the big boys DO sell out, make a killing, and leave everyone else scrambling to get out before it drops below what they bought in for. Please post your thoughts on this. Thank you.
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I agree. I would also pay the bank in full once metals stabilize, but I would hold in the meantime.
“The Goldback solves a 2,600 year old problem in that gold can be spent in small, interchangeable increments.”
— DR. MARK VOELKER, UNITED PRECIOUS METALS ASSOCIATION BOARD MEMBER
This invention has made gold useful as a trading instrument in amounts that are practical in real life.
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