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| Russia overtakes China in gold reserves race to end US dollar dominance | |
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| Tweet Topic Started: Feb 26 2018, 11:27 AM (381 Views) | |
| voted4reagan | Feb 27 2018, 06:29 PM Post #21 |
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Conspiracy Tripe and you cant prove it it isnt... |
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Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls. Harambe4Trump AKA "FASHY" | |
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| _g R_ | Feb 27 2018, 06:53 PM Post #22 |
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https://www.youtube.com/watch?v=RwdJy6CYsd0 |
| The real leftists are the silenced majority, the sleeping giant. | |
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| Robertr2000 | Feb 27 2018, 08:23 PM Post #23 |
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Prove fort knox has 8,000 tones of gold. You can't, but go ahead. |
| "if that **** wins we'll all hang from nooses" | |
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| Robert Stout | Feb 28 2018, 12:41 AM Post #24 |
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Glenn Beck gave up on being a Catholic priest and became a polygamist.............
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| Jesus can raise the dead, but he can't fix stupid | |
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| voted4reagan | Feb 28 2018, 02:23 PM Post #25 |
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Prove to me it is empty as you assert... Prove your own argument |
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Trump needs to focus more so on the male vote. He should have nationalized the Boy Scouts when they decided to admit girls. Harambe4Trump AKA "FASHY" | |
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| Robertr2000 | Feb 28 2018, 02:56 PM Post #26 |
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The Last audit of Fort Knox was in the 50's. This is fact. Kick and scream all you want to. I can't prove it's empty anymore than you can prove it not. But if you believe the US still has 8,000 tons of gold, and you are relying on this lie and base your financial investment/retirement decisions based on that lie.... You are doomed. There is no hope for you and you will be homeless and hungry. Good luck. |
| "if that **** wins we'll all hang from nooses" | |
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| PATruth | Feb 28 2018, 03:19 PM Post #27 |
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If our currency collapses I want land, guns, ammunition, a power source and plenty of food. Gold is a pretty worthless commodity when it comes to survival. |
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"No. No he won't. We'll stop it." | |
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| Siberian | Feb 28 2018, 03:27 PM Post #28 |
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not all people are insects. some watch farer than their nose, like - if you are successful in new situation and accumulate new wealth, even what you define as wealth - guns, food, ammunituin, you srart asking yourself how to keep this wealth from devaluation after situation normalizes. Gold has always been, is and will be the only real money. |
| Goood morning GULAG!!! | |
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| PATruth | Feb 28 2018, 03:29 PM Post #29 |
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Historically yes but the value of gold fluctuates more than the dollar. |
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"No. No he won't. We'll stop it." | |
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| Robert Stout | Feb 28 2018, 03:36 PM Post #30 |
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The value of gold goes down when people are starving and thugs roam the countryside stealing food, raping, and pillaging.........
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| Jesus can raise the dead, but he can't fix stupid | |
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| Siberian | Feb 28 2018, 03:42 PM Post #31 |
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since 1911 (?) when gold stopef to be money in the US it's an economic anomaly, since 1973 (?) - eliminaton of golden standard it's a double anomaly, which led to unprecedented debt pyramid which is never to be paid off. it is going to collapse due to simple economic laws. then Gold will be restorrd as money. |
| Goood morning GULAG!!! | |
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| PATruth | Feb 28 2018, 03:43 PM Post #32 |
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F gold, if you can't eat it, shoot it, drive it, power something or have sex with it what value is it? |
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"No. No he won't. We'll stop it." | |
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| Siberian | Feb 28 2018, 03:46 PM Post #33 |
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and since 1970s or even earlier gold prices were heavilly manipulated, more than any other commodity, including oil. and while Robertr cannot prove Fort Knox is empty, but he definitely may point tgat to dump gold prices you must sell gold, either real one or futures, or both. So, if ee presume gold prices were artificially kept low - it means huge amount of gold were sold, mostly from Fort Knox.... |
| Goood morning GULAG!!! | |
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| Siberian | Feb 28 2018, 03:48 PM Post #34 |
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can you do all mentioned with gold right now? while it is of indisputable value. What will change? Edited by Siberian, Feb 28 2018, 03:49 PM.
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| Goood morning GULAG!!! | |
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| PATruth | Feb 28 2018, 04:04 PM Post #35 |
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It's a non earning asset. It loses value with inflation, it doesn't make for good collateral and it's soft, it has little value outside of it's beauty. Personally I don't see the value. I would rather hold rare earth elements. |
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"No. No he won't. We'll stop it." | |
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| Siberian | Feb 28 2018, 04:13 PM Post #36 |
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gold is money, it is not a business asset. you can turn your money (including gold) into a business asset, but until you don't it just stores value. when all assets around get devalued gold will still be the only money. gold never looses value with inflation. it looses value with deflation, but deflation is considered by monetary authorities as disaster and is fought against, i.e. never lasts long even in present system. the eternal beauty and inability to destroy it is more than enogh. till men will be able to buy attention of women with gold , i.e. forever - till then gold will be the money. Edited by Siberian, Feb 28 2018, 04:17 PM.
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| Goood morning GULAG!!! | |
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| Siberian | Feb 28 2018, 04:14 PM Post #37 |
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gold is as much eternal as human nature. as inequality, social status, as sex. Edited by Siberian, Feb 28 2018, 04:14 PM.
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| Goood morning GULAG!!! | |
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| PATruth | Feb 28 2018, 04:37 PM Post #38 |
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Dirt is eternal as well, if you want to put your money into dirt that's your business. Personally I wouldn't waste my assets by investing in gold. Since 2012 it's lost almost 30% of it's value. Compare that to the stock market. |
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"No. No he won't. We'll stop it." | |
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| Siberian | Feb 28 2018, 05:05 PM Post #39 |
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PATuth, unlike you I have a very broad economic experience. Have you ever observed live financial pyramids collapsing? Oh, you actually had a chance - https://en.m.wikipedia.org/wiki/Bernard_Madoff current World and especially US stock market is not a Ponzi scheme as it is, but it is a derivative of it . When Debt pyramid collapses - stock market will even preceed it ![]() The main problem with it is that everybody considers himself the very smart ass which will manage to jump out of it before it starts collapsing. Most - will not. Edited by Siberian, Feb 28 2018, 05:09 PM.
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| Goood morning GULAG!!! | |
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| PATruth | Feb 28 2018, 05:31 PM Post #40 |
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Gold is for pessimists and the paranoid. Not to be rude but paranoia is part of the Russian culture. I'll take plant and equipment over gold any day of the week. As for my business IQ, pay attention, I will be happy to educate you.
Edited by PATruth, Feb 28 2018, 05:32 PM.
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"No. No he won't. We'll stop it." | |
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