This fucking guy. He’s an advertiser on all the right-wing blogs and podcasts, and he is running the typical scam.
I was triggered because he lied, saying that he noticed that “everyone” was buy fractional gold coins. Instead of buying a one-ounce coin, people were buying one-tenths, or one-halfs.
Why? Well, because they were so worried about “inflation” that they were worried they might have to start using their gold coins at the supermarket, and they didn’t want to have to use an entire ounce, which is $1800 or so.
Of course, this is absurd. No matter what inflation happens, you will never be using gold coins at the supermarket. Never. No supermarket is ever going to be taking gold coins. You will be using some sort of food stamp coupon long before that.
So why the rush to sell fractional gold coins, one-tenths, etc?
Well, it is obvious, of course. “Ira, OurGoldGuy.com” gets a huge markup on the fractional coins. They already take a huge margin, but they double it on one-tenth ounce gold coins.
Ask yourself: if you are a right-winger, why do people like “Ira, OurGoldGuy.com” target you for their scams? It is because right-wingers tend to be stupid suckers?
It’s about the same for Alex Jones. Who puts ads on Alex Jones? “Supplements” – dick pills, and over-priced vitamins. Why? Because they know the audience are suckers who will buy whatever bullshit.
Don’t take financial advice from me. But there is nothing wrong with saving money in gold. In the US, there is only one option: US Gold Eagles. Anywhere outside of the US, you may prefer Kruggerands, the South African coin that was the first modern gold coin with wide circulation. You can buy and sell Kruggerands at any Chinese street market in Timbuktu.
Silver is a complete waste of time and money, don’t bother. But if you want some emergency savings not likely to be inflated away, physical gold is fine.
But don’t buy it from “Ira, OurGoldGuy.com” the guy scamming all the idiot right-wing preppers who listen to the bloggers and podacasters.
Are you a sucker for pitches such as these?
“Buy Your Precious Metals From Actual Patriots Who Love This Country”
Are you buying precious metals from someone who believes in “America First”? You should be. The best kept secret in the precious metals industry is that many “American” companies hold major investments overseas and even contract out YOUR purchases through foreign proxies.
Patriotism is the last refuge of a scoundrel.
Banned Hipster 
got to disagree with BH: in 2010-2011, Haxo invested 40 K in SLV….which isn’t even real silver, just a (largely) unbacked Wall St. derivative. And made 400% in just over a year. Considerably more in SLV now, and expect to do just as well. Also got some hard metal silver stored away for a rainy day.
gold? I wouldn’t buy from anybody. When TSHTF it’ll be literally dangerous to possess.
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That’s different, if you are just trading an option.
But holding physical silver is a waste of money and space. It’s just not valuable enough to matter. Gold, on the other hand, is fine for a middle class family. A box of gold coins will retain value and you can buy and sell them pretty much anywhere. But anything less than a one ounce coin is a waste, and the bars are far harder to buy and sell.
So again, my expert advice: just buy the one ounce US Gold Eagles and if you do it the right way you can get a big tax break too.
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Considering Gold was around 200 dollars many, many, many years ago, it only retains its value because Morgan, Warburg and their kind, believe it is the only form of money. They’re wrong but still, it will likely retain value because it is what the well placed scum believe to be the ONLY form of money.
Save gold and silver for the inflation but if you live in a rural area focus on farming, gardeningetc., I’m quite surprised when I meet people who don’t even know how to plant a tomato plant.
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The best kept secret is whisky! Like i said before, you can store it at room temperature, you can buy premium whisky to hold value or cheap whisky for barter, it doesn’t draw attention unlike gold, it’s safe from confiscation and 40% is always guaranteed!
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>Patriotism is the last refuge of a scoundrel.
Not religion? This isn’t a shot at religion, I’m very religious myself, but there are a lot of scoundrels who doth protest too much.
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