Gold & Oil Markets spiralling downwards

MrCometWatch is a good Man from Mississippi USA. 


He has a Christian perspective. That's OK. His info. is usually up-to-date and usually pretty on the mark.  Subscribe: MrCometWatch on YouTube.

Global Markets-Gold and Oil Getting Crushed.

Published on May 23, 2012 by MrCometwatch

Where's Your Money? Gold and Silver will be worthless...do you think you would trade food for your family for a piece of metal....remember Moses and the calf,, anyone that tells you to buy anything but food, water and medical supplies is a liar and a plant for gold brokers...get out of the markets,, they are created by usury. GOD is against it and HE will Destroy it...

Top Comments:

• Forget just storing food, learn how to make things, like soap, paper, clothing, etc... learn about bush medicines beleive me having skills will help you bigtime

  myalisa78 2 days ago 9      
  
  
  Yes everything may go to a BARTER system. If you dont have EGGS, or extra FOOD to trade?  You go hungry. I heard in Argentina dentists work in flea markets for chickens. Plant Fruit Trees. Be ready
  carol75150 2 days ago 7   

• Dow ends the day down at -6.66...Events of the past week suggest “the street” is now beginning to 

  take control of the financial system. People are expressing fears about the future of the euro and 
  Europe by taking their money out of banks. CNBC

  
  

  MrCometwatch 2 days ago

Other comments on this video:

Scott Owen agrees with you. He just released a video saying that gold will crash because of the recently discovered off-the-books massive tonnage of gold in the UK

unkulmark 2 days ago

we are witnessing the end of fiat currencies around the world.It has happen twice in our countries beginning.our currency was once backed by gold and silver till 1974.the founding father's knew the power bankers could use to manipulate the system . Constitutional money is silver and gold !!! Jefferson,Hamilton,Adams and all warn of what could happen. read "the creature from Jekyll island ",Their goal is to enslave us , one world currency.one world government.PREPARE-GOD,PRAYER,­FAMILY,WATER,FOOD,

5756destiny 2 days ago

97% of paper money is debt. (only debt free money is in the form of coins) anything real I am buying. Food, water, essential items, and then silver. If it is written on a piece of paper it will be worth only the paper it is written on. dollars have written on them "Federal Reserve Note" it is not money, it is debt owed back to the banks!

dogbarker1981 2 days ago

Gold and Silver will be worthless...do you think you would trade food for your family for a piece of metal....remember Moses and the calf,, anyone that tells you to buy anything but food, water and medical supplies is a liar and possible a plant for gold brokers...get out of the markets,, they are

created by usury, GOD is against it and HE will Destroy it...

MrCometwatch 2 days ago 5 

Gold fell on Wednesday as a wave of selling triggered by better-than-expected U.S. home sales and heightened by despair surrounding the euro zone sent prices toward key technical support levels and wiped out year-to-date gains

MrCometwatch 2 days ago

HP laying off 27,000 People.

MrCometwatch 2 days ago

Right on!  The gold hype was a trap from the beginning. I was kinda laughing when I heard the news about gold getting REALLY expensive in the near future. I was saying: so when they'll have no food,are they gonna eat their gold or what? Looks like that time is coming. I took all my money out of the bank back in January and spent it on LAND-of course kept some. I suggest those who can afford it do the same and prepare to grow your own food and stuff.Move to the countryside, stay away from big cities. Peace

1VagyokAkiVagyok1 2 days ago

I Figure the 500pounds of salt I have stored will be worth more than gold eventually and I have made my living selling bullion. Pre buying food at this point only makes sense you get two types of protection from it one your saving money because it just keeps going up and second if a major event does happen your going to have a hard time finding it. Stick to salt, sugar, wheat, etc.. for trade goods not gold, silver or alchol

tennesseecoin 2 days ago

I agree, eventually you will have to live off the land and be resourceful. A boxcar full of food and tp is only going to last so long. There may be groups of people specializing in making certain goods with cross-bartering with others who make other goods.

Ebnermullen in reply to myalisa78 (Show the comment) 1 day ago

Gold created its value supposedly because it was a very scarce commodity... but about 6 months back china bought 500 tones of gold to go with the massive amounts it already has... My point being, a very small number of people own the gold... so if we the people of the planet totally devalued it, it [the gold] could easily be worth less very quickly.  People [would be] selling gold, but not very many people [would be] buying...  only self centred elites. Ha ha.  Things are changing.

fireballinsky1966 1 day ago

Mr. C. I've understood we are to watch the "derivative market" And if "Interest Rates" rise even 1 percent....... BRICS and SWIFT? We are in Currency War and Trade War. In the last 90 days the dollar has died. China is still buying our debt.

basicdata 1 day ago