|
REPORT COPYRIGHT VIOLATION IN REPLY
|
|
Message Subject
|
We need a washout in gold and silver...
|
|
Poster Handle
|
Anonymous Coward |
|
Post Content
|
They need to depress the value while forcing you to sell to them.
Afterwards, they will stop suppressing the value, since it's all theirs.
Theyve done this before, 1933 to be exact.
Same People
Quoting: Anonymous Coward 684982 Gold was official money back in 1933. They had to confiscate gold to do a contemporary quantitative easing. Gold is not official money today. Therefore, no need to confiscate gold. usually you sound smarter than what you just wrote. They need their precious, and they intend to take it. With the dollar worth nothing, gold is what's next. 1n 1933 the dollar was tied to gold, they had to start to de-link it so that they could get the profit, and the public could take the loss. You DO understand the gold was sold not to the govt but to the FED dont you? The public never had any benefit of the price increase from 20 to 34$, and that is no accident. There is no govt gold it was all collateral for loans, all the govt has is loans 'as good' as gold' as long as a public can afford to pay, and now, they cant, so they will be disposed of along with any obligations from uncle to them. They finally can survive without the public, they can claim everything is theirs now. What you dont hand in voluntarily will be taken by decree and by force. Where is this imaginary weaker dollar? Its been in an uptrend not a downtrend. I don't plan on arguing about gold confiscation. There is hardly any money invested in gold. Most is in savings, retirement funds, and the stock market. 'Bail in' is the new means of confiscation. Why? Gold is not officially money, US dollars are official money. Give it time, as the dollar slips from reserve status, you will see who will want it, the flight from the Euro only temporarily confiscation plan only temporarily bouys the dollar. Dont do what the libs do and simply take one frame from a movie and focus on that one or few. Life is an endless progression and evolution not one snapshot in time repeated. The dollar may remain internal currency and be valued only by decree, but trade with other external players with options and wealth will require something they can expect will retain some percentage of intrinsic value after they take possession,not a 10% and greater annual loss of true value. Dollars may be relatively stable at this moment compared to other fiats, but it's hardly intrinsically stable in a nation in impossible debt that no longer promises it can or will produce enough to make good on its debts. The flaw is surviving from microsecond to microsecond, but live is a continuing flow of microseconds without standing still.
|
|
|
Please verify you're human:
|
|
|
Reason for copyright violation:
|
