A run on Gold....

Discussion in 'Current Events' started by freeandfun1, May 17, 2004.

  1. freeandfun1
    Offline

    freeandfun1 VIP Member

    Joined:
    Feb 14, 2004
    Messages:
    6,201
    Thanks Received:
    295
    Trophy Points:
    83
    Ratings:
    +296
    If the market continues to fall on the threats that many are really starting to see, do you believe there will be a run on gold?

    I was talking to my wife about this earlier this morning. Frankly, I think it is time to get out of the market (and the bank as much as possible). If the perverbial sh*t hits the fan, good luck trying to redeem your stocks or even getting money out of your checking account.
     
  2. fuzzykitten99
    Offline

    fuzzykitten99 Senior Member

    Joined:
    Apr 23, 2004
    Messages:
    2,965
    Thanks Received:
    199
    Trophy Points:
    48
    Location:
    You'll have to check the Marauder's Map...
    Ratings:
    +199
    actually, any account that is not an investment account is protected by the FDIC. Meaning that your money in your account is YOUR money. Banks can't touch it.
     
  3. dilloduck
    Offline

    dilloduck Diamond Member

    Joined:
    May 8, 2004
    Messages:
    53,240
    Thanks Received:
    5,552
    Trophy Points:
    1,850
    Location:
    Austin, TX
    Ratings:
    +6,403
    Don't panic potman----The world money mongers have this all under control. They need the system to succeed until they have it all. BTW I need a good link re: the world bank. Any honest suggestions?
     
  4. freeandfun1
    Offline

    freeandfun1 VIP Member

    Joined:
    Feb 14, 2004
    Messages:
    6,201
    Thanks Received:
    295
    Trophy Points:
    83
    Ratings:
    +296
    duh.... I know that. However, the FDIC only insures up to $100,000. Secondly, I am talking about the perverbial shit really hitting the fan. In that case, do you really think the FDIC is going to have the time or wherewithall to make sure I get my $100,000?
     

Share This Page