Our country is facing the worst financial calamity since the great depression. Our financial services industry is broken and well past fixing. The US dollar is barely worth the paper it is printed on and that is becoming more apparent each and every day. Follow Capital Concepts, both video and radio to learn the truth about our economy and how you can invest – and make money in precious metals – all while protecting your true net worth.
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October 9th, 2009 - 11:02 am
True… IMF will do SDR’s soon.. however with the “China Put”.. China will up all the gold… Amazing that China and Africa people are buying them now… China has 1.3 billion people!!
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October 11th, 2009 - 3:03 pm
This guy is totally right about gold. Where he goes totally wrong is telling you to store it in london or at some depository. Dont for one second think the government cant confiscate it. America and Europe are one, so your gold being in london means nothing. My friends uncle is a senator and we spoke to him about this. He said the US govt might put a 90% tax on bullion if you want to take it out of a depository. Make sure you take physical delivery.
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October 12th, 2009 - 9:27 am
30% plus -What I said – specifically is that WE store our clients metals at approved depositories. This make the bullion 100% liquid for when we sell. I also said, and advise my clients to have some gold and silver on hand. The problem with taking delivery for most of my clients is where do you store hundreds of lbs of precious metal? the gold being in a London Metals Exchange approved depository is for safety and liquidity. Not to keep it from a confiscatory government.
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