If you think a microprocessor plant is the only industrial use for precious metals, you better start checking. Precious metals are used in literally thousands of processes and millions of products.

When the fiat system fails, as they ALL eventually do (ours is tottering on the brink now) I will not stop you from relying on “faith.”

You are more than welcome to put your faith in monopoly money.
I rely on intrinsic value and the precious metals I have will ensure my economic means.

As far as total assets are concerned, it doesn’t matter. I am not concerned with the finances of everyone, just myself. I live a life of zero debt, own everything I have free and clear and have a LOT to fall back on. I own enough property where I could survive on my own if necessary.

Well said! Nice to know that there are poeple out there who think with their brain and not merely reaction with their emotions. Its the ‘feel good’ thing right now to be critcial of anyone pushing precious metals.

Gold and precious metals hold their value not only for scarcity or adornment, but also their use in manufacturing and chemical processes. Do you have any idea how much gold, silver, platinum, and palladium is used to make the products and drugs you buy?

Gold and precious metals have always weathered the storms and always will. They have intrinsic value beyond whim or fancy. They are MONEY whereas fiat dollars are backed by “faith.”

As in the “full faith and credit of the United States government.”

When the dollar ends up being worthless, I’ll take the gold. I’ll let you depend on “faith.”

Duh? Everything and anything has value only because one or more other persons want it. Food has value right now because it is required for humans to live if however some scientific discovery came along that allowed for altering the human body so that food was no longer necessary and that we could perhaps like plants get our nutrient directly from the sun then food would become value-less.

The reason for the push for precious metals over fiat currency like the dollar is because within the human society, when the fiat currency becomes worthless people will fall back on what has been traditionally the most non-fiat currency replacement and that is gold and or silver. It is true that silver and even gold could become worthless under the right conditions but those conditions are not what people are currently concerned with.

If the concern was that our planet had an asteroid coming that was %99.99 guaranteed to destroy %90 of the world’s population then sure, gold and silver would have far less value then things like grain and other edible substances. That however is not the situation now. People are looking to gold because they do not trust the currency and they do not trust the currency because they are losing faith in what backs that currency.

All of you conspiracy hating people out there need to quit reacting based on your emotions and start thinking with the brain you were born with. It may be funny to make tin foil hat comments now but when the crap hits the fan and the worlds currency go bust and silver and gold become the currency replacement, remember that when people were talking about buying gold & silver you thought it was more productive to make smart ass comments about your fellow man whom you disagreed with.

Are you nuts?
Gold and other precious metals have intrinsic value.
Fiat currencies do not.
Precious metals have been “money” far longer than fiat currencies and always retain value regardless of fiat currencies.

Your statement is ridiculous.

They’re even using it to fund raise for their propellor head slate of candidates for governor and legislators: http://www.governorsteele.com/?p=161

Let’s see how they spin the hand full of votes they get in the fall. Naylor will no doubt post then that although none of them get elected that they’re on the verge of a landslide.

Back before the federal reserve money became the standard, people did use gold & silver as money so its not a conspiracy theory that you can use gold & silver in place of money. You can use it now when outside the US. Our tax laws and regulations make use of non-Federal reserve anything illegal and that’s why you can’t go to Walmart to buy stuff with a Gold piece.

Gold & Silver are going up because the value, what you can trade a fiat US dollar for, is going down. This happens when confidence in the dollar is low and it is very low. It also can be pushed down by an increase of money in the system and it doesn’t even have to be real printed money to do this. By adding digital dollars to the currency flow, letting the digital money presses run full speed and non-stop, by the Federal reserve is driving down the value of the dollar and the confidence in it.

Don;t let your hatred of Conservatives and Republicans in general blind you to what is real. The SPL is manipulating you thru your hatred of these conservative talk shows. i don;t trusst Glenn beck any further then i can throw him but just because he is pushing Gold it doesn’t mean I now have to take the opposite stance and say do not buy gold simply because it is the opposite of what Beck is currently standing for.

Money doesn’t care about your political affiliations or your agenda, only what someone is willing to trade in exchange for it. Quit letting the SPL manipulate you into using your emotions to guide your judgment. Step back, take a deep breath and think for yourself!

They all eventually do what?
You guessed it… FAIL.

When and where is the only part left to figure out.
It could happen this year or 40 years in the future, but history has shown us they have a lifespan and it is not permanent nor very long lived.

This matters not whether you are left or right. Sooner or later the printing presses print out so much that noone wants it.

It will happen.

Now we can argue about the real question which is: When?

–GENO–

With Gitmo on the back.

–GENO–

seriously, does anyone with a brain think radical leftists aren’t crazy? look up the WTO protests of 1999 to see how civil and rational the radical left is.

But I agree, it’s still cuckoo bananas. I’m just surprised there’s no Glenn Beck coin among them. Maybe they think he’s too “mainstream”. And when you hear someone calling Glenn Beck mainstream, be sure to back away slowly.

(I know all this because I’m an Art Bell fan)

But these Reich Wingnuts are so deranged, they strike silver coins honoring Cheney…the man who would enslave them.

Cuckoo bananas.