Gold Confiscation Vs. Dollar Value Confiscation Q&A part 1
Gold Confiscation Vs. Dollar Value Confiscation Q&A part 1
Lifestyle design of entreprenuers in the digital age.
Gold Confiscation Vs. Dollar Value Confiscation Q&A part 1
In your question is all the theory of Economics! In 3 lines; gold stores value, because it takes work to extract it from the earth. And the ammount of work required to extract certain quantity, can be equalized by the ammount of work to make some bread! (The assumption is: ‘work is value’) But printing dollars and putting ceros on the bill gives no guarantee.. that’s all. Platinum and Palladium are also a store of value, Copper is it also … , althrough they may be less liquid!
The money should not be controlled by private bankers, Thomas Jefferson said that control of money is stronger than standing armies, this relates to the psycho political war we are in since 1890 Marxists Indoctrination in the INevitiblity of gradualness, ties to the slow deteriorations of principles of the people through education religion etc, the point being that the people are the government the ideology of government is the Illusion of the authority in transference to unity.
Currency is a human extension due to technological evolution, the gold isnt the issue it was the silver certificate in 1964 that left the doors wide open for inflation, you cant eat gold or silver anyway. If the coinage were still silver your dollar would be worth the price of an ounce now 18-20.00. This alone proves that this government is against the people and is the grounds for dissolution in the nature of the declaration being self evident, the issue is that people become consumed
gold was only 300.00 about five six years ago that would be over 300% now is not the time to buy it because the whole system is a scam anyway, the key is to short,
IS IT TIME?! Go to USRevolution2 (dot com) and get your flag of the Second American Revolution. Theyre made in America and look exactly like the flag of Betsy Ross with a Roman numeral II in the center of the 13 stars. This flag is now in all 50 states and spreading from porch to porch. They make great gifts for family, friends and recovering Liberals.
Roger that Geo. @cityguyusa – Gold has been treasured for over 5,000 years and has endured to this day. America used to print money based on our gold deposits, however, today America prints money that is backed by nothing. Cortez killed thousands just to get their gold. Gold is used in aircraft wiring and has many other uses so I would not say it has no value.
You would be making well over 50% on that, and there are plenty of people still buying.
Wished I would have bought gold 5 years ago. I would now be looking at 50 percent profit. The problem would be finding someone to sell it too…….
Why does gold store value? Although it’s somewhat rare it’s not really as useful as other rare metals so why does it have value? Why not Platinum and palladium or …
tell somthing i dont know you just repeat the same old crap.
Inflation doesn’t necessarily mean PEOPLE are getting money from banks, the Fed made trillions of new dollars and released them to the big boys needing bailouts etc and the white collar pimps pimping the sheeple without the sheep knowing.
Duh
ruh paul
No man. Ron Paul sucks dick.
Thomas Edison… nice quote.
There is massive unemployment, so productivity will go down. In addition, most people will be paying down their debts with compounding interests. Ultimately, the Fed is the master of all industry and commerce. Why? Because any entity that controls the volume and the flow of money can bankrupt the people with inflation first then with deflation. The banks make people and break them. That is a simple rule. Deflationary periods are harvest times for banks.
Tell me VisionVictory, where is the inflation? Are the banks lending money out to the average Joe? Inflation is caused when the money is being lent out to the people and used by the people. This creates a demand for commodities, goods, and services, so the price goes up with diminishing supplies. If the government gives this money directly to the people, you will see inflation. If they don’t , you will see deflation. Very few banks are lending money, and most banks are pretty much insolvent.
What do you think, am i being sarcastic or genuine/
Gold tastes good!
Gold will shelter you from the rain!
Gold will clothe you!
You want mine! I couldn’t find a buyer! However, I found buyers for my home which I bought and flipped for a 50k profit! Now there’s a golden ticket and I didn’t get it from a wonka bar either!
I wonder if Glen Beck, Rush Limbaugh, and other good hearted right wing christians watch this channel?
You Loose!!!!!!!! He He He He
Even gold won’t help you in this.
Get ready, taxes are coming your way! Look into your hearts, Jesus will help you. Get into the “Love thy Neighbor!” spirit and help your fellow americans.
Get ready to pay your taxes to this nation through inflation!!!!!
The dollar will go down in value.
Assets will go down in value!
We will need less income to live.
Our children will have a chance now!
It’s called deleveraging!
I welcome it! Would like the rich to be taxed via inflation! Yes!!!! Greedy Bastards!
If the tsunami hits we are all in trouble gold or not! The US is just not going to be the big shot is has always been. We are going to be more of an equal in this world. double digit unemployment is going to be the norm but deflation will compensate. One salary will support a household like in the fifties. It’s just a deleveraging process. Buying gold is not the answer. The rich are just being taxed through inflation! Do I care? Yes! I’m glad! We need this procces to help our children!
I believe if you can get a good buy on U.S. silver 90% coins at melt value, it really is the best…Because there will always be a collector price if silver would fall badly…Where if buying bars or just plain silver its only worth the current price of silver…But of course you have to buy right as you say..If buying rolls of 1/2 dollars 1964 or older you can buy around $130 a roll in B U condition…That’s right about the weight value per coin of $6.50 each..for now its good.
wtf? are you being sarcastic? I hope so
Actually, unemployment is not all that bad, i mean we get to stay home and collect unemployment befit indefinitely and our homes will not be foreclosed and we get unlimited food stamps to buy food. So I don’t know why people are complaining.
GLD and SLV? There’s a risk of confiscation of the paper metals? I think that’s a little much…
Especially considering if they did that this would hurt the stock price, wouldn’t it? You know they barely have any gold/silver in their vaults..
There’s a lot more of the paper then there is gold.