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*** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON

 
ThePatriotMind
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11/24/2008 05:28 PM
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*** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Gold never really gains Value or loses much value except in nominal terms .... an OUNCE has pretty much bought the same amounts of OIL WHEAT CORN ETC for over a hundred years and taking OIL out hundreds of years on other commodities...


ONE MUST REALIZE we have a FIAT CURRANCY and it will ALWAYS BE IN INFLATION ( A GRADUAL STEALTH TAX ON THE PEOPLE )


SO even though the DOW might APPEAR to be going up... sometimes I DARESAY its ONLY AN ILLUSION AND INFLATION...
besides BUBBLES( which ALWAYS BUST )and sometimes true ecdonomic growth ...

The last Decade was merely a Bubble of Credit and not true growth ....

GOLD IS ONLY a STORE of WEALTH not a way to make money ... it does PRESERVE your wealth in bad economic times though and allows you to come out on the other side able to use your wealth to make real economic gains once again...

The only important number in the DOW becuase of INFLATION
is the DOW priced in OUNCES of GOLD ....
or how many OUNCES of GOLD it takes to buy the DOW...


The DOW has been SLIPPING AGAINST GOLD FOR 10 years and SEEMS MORE THAN LIKELY on a path to CONVERGE at 1 ounce of gold buying 1 unit of the DOW


Take a look at theis graph to see the decline

[link to bp3.blogger.com]


in 1999 it took 45 ounces of GOLD to buy a unit of the DJIA (DOW)


1999 - 45 ounces
2001 - 42 ounces
2003 - 25 ounces
2005 - 25 ounces
2007 - 20 ounces
2008 - 12.5 ounces in AUGUST this year
PRESENT NOW - ABOUT 10 ounces of Gold will buy the DOW TODAY

I SAY it will converge at 1 ounce of gold buying 1 unit of the DOw in next few years could be as soon as next year ...

so price of DOW doesnt matter doesnt matter if it 100,000 .... all that matters is how many ounces of gold will buy that 100,000 .... and Im telling you if the dow was that hypothetical 100,000 in when gold and dow converge
that 1 ounce of gold will be 100,000 and ....

that will not mean gold made money it will mean gold preserved purchasing power during hyper inflation
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Reality is BS

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11/24/2008 05:29 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Soft shiny metal will not save you.
ThePatriotMind  (OP)

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11/24/2008 05:32 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Soft shiny metal will not save you.
 Quoting: Reality is BS



lol did you even read what I said ... i never claimed it would "RISE" in value or make money ....

but it will Preserve Wealth and anyone that thinks otherwise is just ignorant of facts and or research

it has always preserved wealth THROUGHOUT HEISTORY as currancy throughout history have risen and fallen ...
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Reality is BS

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11/24/2008 05:36 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Soft shiny metal will not save you.



lol did you even read what I said ... i never claimed it would "RISE" in value or make money ....

but it will Preserve Wealth and anyone that thinks otherwise is just ignorant of facts and or research

it has always preserved wealth THROUGHOUT HEISTORY as currancy throughout history have risen and fallen ...
 Quoting: ThePatriotMind

Your wealth will not save you so whats the point in preserving it. It's all crap anyway.
Anonymous Coward
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11/24/2008 05:49 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Soft shiny metal will not save you.



lol did you even read what I said ... i never claimed it would "RISE" in value or make money ....

but it will Preserve Wealth and anyone that thinks otherwise is just ignorant of facts and or research

it has always preserved wealth THROUGHOUT HEISTORY as currancy throughout history have risen and fallen ...

Your wealth will not save you so whats the point in preserving it. It's all crap anyway.
 Quoting: Reality is BS



don't be such an ass,if all your money,wealth,possessions, mean nothing, then i will come round and collect all yours!
ThePatriotMind  (OP)

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11/24/2008 05:51 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Soft shiny metal will not save you.



lol did you even read what I said ... i never claimed it would "RISE" in value or make money ....

but it will Preserve Wealth and anyone that thinks otherwise is just ignorant of facts and or research

it has always preserved wealth THROUGHOUT HEISTORY as currancy throughout history have risen and fallen ...

Your wealth will not save you so whats the point in preserving it. It's all crap anyway.
 Quoting: Reality is BS



let me make it more simplified for those that have low comprehension of financial knowledge

....

If a person would have taken 50 ounces of gold in 1999 they could have bought 1 unit of the DOW

today that would have a NET LOSS of around 40 OUNCES of GOLD!!!!!

IF a person sold their DOW stocks in 1999 and bought GOLD they would have 50 OUNCES of gold

50 OUNCES of gold even using the CRIMINAL COMEX price would be worth OVER $40,000 USD REAL market value is over $50,000 WHICH is a HUGE GAIN on the DOW in 10 years!!!!!

the despairity will continue to grow until the market reaches a 1 to 1 ratio or close to it ... THAT WILL BE THE BOTTOM


so you can make your generalized ridiculous statements and continue to think what you will ... but you are very wrong

you anti gold buffs cannot win a meaniful debate with me on GOLD and the importance it has to maintian ones wealth in times such as these .... and I guess those that believe in GOLD will meet those of you that do not on the other side of this :) I promise you will not like the outcome and we will....
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Lastone
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11/24/2008 05:51 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
It isn't. The most comun metal e the Universe :)
ThePatriotMind  (OP)

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11/24/2008 05:59 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
It isn't. The most comun metal e the Universe :)
 Quoting: Lastone 558276



are people really this dumb or are you just trolling

ALL THE GOLD EVER MINED IN HUMAN HISTORY would ONLY complete 1/3 of the WASHINGTON MONUMENT

or fill up 3 and 1/4 OLYMPIC SIZE SWIMMING POOLS

SO your THEORY IS DASHED and FAILS

[link to money.howstuffworks.com]

) Gold is a special, unique commodity

Gold is a special, unique commodity because it is the only commodity produced for accumulation; all other commodities are produced to be consumed. Essentially all of the gold mined throughout history still exists in aboveground stocks. Nevertheless, gold is rare.

The entire aboveground gold stock is only about 155,000 tonnes. If all this gold were put into one lump, its size would be 8,000 cubic meters, the volume of which is equal to the bottom one-fifth of the Washington Monument or 3¼ Olympic size swimming pools. It is also astonishing to note that in one day twenty-times more steel is poured than the total weight of gold mined throughout history.

[link to www.goldprice.org]
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
ThePatriotMind  (OP)

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11/24/2008 06:07 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
*any other gold debunkers care to debate me on this subject ... you may try but ...

Resistance is FUTILE but go ahead and ..

I cannot be beaten on a debate if you take position of gold not being important and unable to preserve wealth :)

/roaaarrrrrr

heh
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Anonymous Coward
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11/24/2008 06:20 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
OP i agree with all you say, I have visited this website

Goldismoney.com a lot over the past year,and have learned

a bit about gold and silver. The TPTB have done

a fine job of fooling us, while they secretly line there

vaults with gold,silver.

peace
ThePatriotMind  (OP)

User ID: 519678
United States
11/24/2008 06:45 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
OP i agree with all you say, I have visited this website

Goldismoney.com a lot over the past year,and have learned

a bit about gold and silver. The TPTB have done

a fine job of fooling us, while they secretly line there

vaults with gold,silver.

peace
 Quoting: Anonymous Coward 537532



hell just look how much GOLD countries such as China Russia and middle eastern countries have BOUGHT this year for their TREASURIES ... to bad AMerican Government does not see the importance of buying gold ... it is a crime against the people of the UNITED states ... the should use some TARP money to buy as mouch gold as possible but they wont beciase its by design
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Anonymous Coward
User ID: 537532
United Kingdom
11/24/2008 06:57 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
OP i agree with all you say, I have visited this website

Goldismoney.com a lot over the past year,and have learned

a bit about gold and silver. The TPTB have done

a fine job of fooling us, while they secretly line there

vaults with gold,silver.

peace



In other countries such as India,China,Turkey ETC,

gold,silver

ownership is still ingrained in there culture,in India for

example they like there jewelry ,but also know it stores

there wealth.

what amazes me how we in the west such as the UK and US

have so quickly lost our relationship with the noble metals




hell just look how much GOLD countries such as China Russia and middle eastern countries have BOUGHT this year for their TREASURIES ... to bad AMerican Government does not see the importance of buying gold ... it is a crime against the people of the UNITED states ... the should use some TARP money to buy as mouch gold as possible but they wont beciase its by design
 Quoting: ThePatriotMind
Anonymous Coward
User ID: 537532
United Kingdom
11/24/2008 06:58 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
In other countries such as India,China,Turkey ETC,

gold,silver

ownership is still ingrained in there culture,in India for

example they like there jewelry ,but also know it stores

there wealth.

what amazes me how we in the west such as the UK and US

have so quickly lost our relationship with the noble metals
ThePatriotMind  (OP)

User ID: 519678
United States
11/24/2008 06:59 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
In other countries such as India,China,Turkey ETC,

gold,silver

ownership is still ingrained in there culture,in India for

example they like there jewelry ,but also know it stores

there wealth.

what amazes me how we in the west such as the UK and US

have so quickly lost our relationship with the noble metals
 Quoting: Anonymous Coward 537532



I think it has been by design cant prove that though
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Anonymous Coward
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11/24/2008 07:10 PM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
Soft shiny metal will not save you.
 Quoting: Reality is BS

Whose looking for a savior? Gold & Silver has my portfolio currently up an additional $48K. I have enough fiscal respect for the precious metals to refer to them as what they are...Gold or Silver.

shiny metal....lol Sounds like your jealous or Green with envy....lol
Me114

User ID: 548409
United States
11/25/2008 08:22 AM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
*any other gold debunkers care to debate me on this subject ... you may try but ...

Resistance is FUTILE but go ahead and ..

I cannot be beaten on a debate if you take position of gold not being important and unable to preserve wealth :)

/roaaarrrrrr

heh
 Quoting: ThePatriotMind



u explained it well bubba face, thank you
Me114

User ID: 548409
United States
11/25/2008 08:23 AM
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Re: *** GOLD *** why it is important .... HOW MUCH IT HAS GAINED on the DOW the past DECADE ... A LESSON
GOD provides WORLD FISCAL STIM thru Swing Trades in GOLD!
Thread: GOD provides WORLD FISCAL STIM thru Swing Trades in GOLD!

::penguin1::





GLP