Tuesday, May 28, 2013

Why You Own PHYSICAL and NOT PAPER Gold

What do I keep telling you kids about owning precious metals?

Own PHYSICAL, not PAPER.  There is a difference and it is highlighted between the premium people are paying between physical ownership and paper ownership.

Also, this came from Kerry.  I couldn't find a link, but for those of you interested in the Liberty Mastermind Symposium, here's some more info:

15 Alternative Media Websites Join Forces To Present One-Day Symposium Discussing
The Elevated Threat Level To Your Liberty And What You Can Do About It
 
DALLAS, TX – Liberty Master Mind LLC (www.LibertyMastermind.us) is pleased to announce it will be hosting the first-ever Liberty Mastermind Symposium Saturday, June 29th, 2013 at the DoubleTree DFW Airport North Hotel in Irving, TX. The one-day symposium will bring together thought leaders from 15 alternative media websites to discuss the elevated threat level to your economic and personal liberty and what you can do about it.
 
“Liberty is under assault,” says Kerry Lutz, the symposium producer and host of FinancialSurvivalNetwork.com. “Our roster of speakers has a combined audience of nearly one million readers, listeners and viewers and that number is growing. People are flying in from all over North America. If you want to arm yourself with unconventional, out-of-the-box thinking to help you survive and thrive in today’s hostile political climate, you’ll want to attend on June 29th.”
 
The Symposium begins Friday night June 28th with a special “night-before” reception and dinner. Guests will enter the reception through a private receiving line where they will meet and shake hands with each of the speakers and panelists. Following dinner, a special keynote speaker will conclude the event and set the stage for Saturday’s Symposium. A private screening of “Silver Circle” will conclude the evening – www.SilverCircleMovie.com
 
The lineup of speakers includes:
Martin Armstrong – www.ArmstrongEconomics.com
Robert Ian – www.ConquerChange.com
David Morgan - www.Silver-Investor.com
Bill Murphy – www.Gata.org
Jeff Berwick – www.DollarVigilante.com
Andy Hoffman – www.MilesFranklin.com
John Rubino – www.DollarCollapse.com
Michael Krieger – www.LibertyBlitzKrieg.com
Jay Taylor – www.MiningStocks.com
Elijah Johnson – www.FinanceAndLiberty.com
Gary Gibson – www.DollarVigilante.com
Lindsay Hall – www.RMBgroup.com
 
The RMB Group (Rutsen Meier Belmont Group – www.RMBgroup.com) is the Diamond Sponsor of the Liberty Mastermind Symposium and their Chief Market Strategist, Lindsay Hall, will be speaking.
 
The Symposium will be held Friday night and all day Saturday, June 28 and 29, 2013, at the DoubleTree by Hilton Hotel Dallas – DFW Airport North; 4441 West John Carpenter Fwy; Irving, TX 75063. A special room rate of $99.00 has been secured. Guests can make room reservations directly with the hotel by calling 972-929-8181 with reservation code ‘LIB”.
 
Registration for the Symposium is $249 per person and includes breakfast and lunch. The Friday night reception and dinner is $99.00 per person. Register for both the dinner and the symposium and you will receive a free one ounce silver coin. Registrations received after June 10th will be $50 more. You can register online at: www.LibertyMastermind.us
 
For more information please contact:
Coordinator; Liberty Mastermind Symposium
702-835-6120
 

3 comments:

  1. You should also have the gold and/or silver in your possession on your property. Bullion in safety deposit boxes is owned by the bank, and if the bank goes belly up the bullion can be used to satisfy all creditors. (Your deposit is legally a loan to the bank.)

    But first, buy some guns. Gold is a bet that a social collapse is coming, and guns are really useful then. Also, hoard ammunition, even 22lr. Ammunition would be a valuable barter good in a crisis.

    And, get out of the city as far as you can. The cities would be taken over by street gangs is a crisis.

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  2. James Wolfe3:10 PM

    Some more tips on buying precious metals:

    Know where to buy

    Why pay premiums of 30 or 40% at well known places when you can get it for 10 or 20% at less known places?

    Know what to buy

    Why buy tiny bits of gold at high premiums when you can get stacks of silver at much lower premiums?

    Know when to buy

    Check the average price over a period of weeks. If the price should drop by the amount of the premium at the cheaper places then you're basically getting it at the spot price.

    Know the price

    Check the spot price throughout the day. Check it first thing in the morning and before you go to bed. Who knows what calamity has happened in the Hong Kong or Japan markets. The price may have just plummeted.

    I have frequently bought silver at 12am because a spike just brought the price down 10 or 20%. Wait a few minutes or hours and the price may jump back up. I only buy at places with low premiums who's online price is automatically pegged to spot price. Not places that only update manually once a day or every few days. And when the PM market crashed a few weeks ago, when the price of silver dropped $2 I bought, and when it dropped another $2 I bought again, and bought again. Don't be a sucker and sell when it drops and buy when it's going up.

    And remember you're not trying to make money buying and selling. Gold and silver ARE money, currency is just worthless paper. Why buy something of value for a small pile of paper then sell it for a larger pile of paper? It's all worthless paper. Trade that worthless paper for something real. Sell it when you're old and need to buy food or pay bills. Currency paper, toilet paper, what's the difference?

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  3. Grant Williams said in his last video presentation not to confuse the gold price with the price of gold. Hold physical, trade paper.

    Central Banks are buying. If they are with a sliver of their reserves, then you should with % yours.

    ReplyDelete