If the money powers wanted people to buy gold, people would buy gold. How many people own gold? 1 out of 10,000? And, the "physical" gold you buy, you really do own. People understand that there is risk to gold. Almost no one considers the risk of owning dollars, something with no intrinsic value.
Gold for gold's sake is a misdirection. The 'true' commodity value of gold is that in many ways it makes good money. In Ye Olde Times gold was magic-fantastic because of its nobility - it doesn't decay. Therefore if Freeman Willy did x amount of work for Squire Peter in exchange for y amount of gold, he could safely store his 'work' for later exchange without fear of loss.
Yeah, ok let me get this straight, what you are saying is that I should trade gold and silver, both of which have been money since the beginning of time, and that I should trade it for worthless pieces of paper that have no intrinsic value and are being printed into oblivion by our bankrupt government?
@Lengarces Nope! but thank you for hearing what you want to. So many dumb fucks in the world that can't understand clear english. Why don't you call me racist next. Everyone else does!
what do you mean by local community? I'm my area there is a huge supermarket Tesco which pretty much has a monopoly on retail landscape with help from the gov. at the cost of small business in towns.lots of big food franchise like burger king, A multi million cinema complex and a gym owned by virgin Richard brandson. who also owns a bank virgin money that is set to take over the bank northern rock, that the tax payer bailed out. they are not getting my money
@breakinmedia See I live in the country. I can buy 90% of what i need with cash under the table. I help the construction guy, the gravel guy, the tile guy, the road side produce seller, the road side furniture seller, etc. The message is to think about who you are helping when you spend dollars. Sounds like you are doing quite well at that ;)
Good Vid man.Very Funny. I buy my metals from a local dealer. Who get's most of his metals from people bringing in their gold N silver, so most of that cash stays in the local community.
dollars to do well?????? this dollar "safe haven" rally has 5 months to run tops...just step back and have a look just how many dollars there are out there
OK, so we increase money velocity in the local community. This also increases taxes paid to "them". It's all rigged to benefit "them". Hold gold or use dollars locally, we are participating in "their" system. Heads they win, tails you lose.
@safeinsuburbia No. Don't confuse the situation. Sales taxes are local. They are a local issue. Not every place has them. And if you spend your money you help the people in your area keep jobs.
@natritious1 So tell me what happens when everyone hoards their money? We all sit at home eating ramen noodles never doing anything to translate our money into things desired. And we wait until prices fall. I don't buy it. I love Walter Block but I have life experience that tells me he is full of shit on this one.
What you want to do is.. live your life and enjoy it while you can while making prudent choices toward tomorrow. Spend and save.
anyone telling me my dollar is strong now is bullshit NWO trickery
chrysler3c 1 month ago
COMPLETE BULLSHIT
chrysler3c 1 month ago
If the money powers wanted people to buy gold, people would buy gold. How many people own gold? 1 out of 10,000? And, the "physical" gold you buy, you really do own. People understand that there is risk to gold. Almost no one considers the risk of owning dollars, something with no intrinsic value.
deanmat 4 months ago
Gold for gold's sake is a misdirection. The 'true' commodity value of gold is that in many ways it makes good money. In Ye Olde Times gold was magic-fantastic because of its nobility - it doesn't decay. Therefore if Freeman Willy did x amount of work for Squire Peter in exchange for y amount of gold, he could safely store his 'work' for later exchange without fear of loss.
No thing has value for no reason.
CeltoSaxonKnight 4 months ago
Yeah, ok let me get this straight, what you are saying is that I should trade gold and silver, both of which have been money since the beginning of time, and that I should trade it for worthless pieces of paper that have no intrinsic value and are being printed into oblivion by our bankrupt government?
Lengarces 4 months ago
@Lengarces Nope! but thank you for hearing what you want to. So many dumb fucks in the world that can't understand clear english. Why don't you call me racist next. Everyone else does!
PontifexMagnanimous 4 months ago
This has been flagged as spam show
@PontifexMagnanimous if the shoe fits wear it.
Lengarces 4 months ago
I just can't listen to Xtranormal vids longer than like 3 minutes. The voices just grate on me.
majingohan28 5 months ago
@majingohan28 That's the beauty of leaving.. thanks bye
PontifexMagnanimous 4 months ago
@Shean2010 Great comment
PontifexMagnanimous 5 months ago
what do you mean by local community? I'm my area there is a huge supermarket Tesco which pretty much has a monopoly on retail landscape with help from the gov. at the cost of small business in towns.lots of big food franchise like burger king, A multi million cinema complex and a gym owned by virgin Richard brandson. who also owns a bank virgin money that is set to take over the bank northern rock, that the tax payer bailed out. they are not getting my money
breakinmedia 5 months ago
Comment removed
breakinmedia 5 months ago
@breakinmedia See I live in the country. I can buy 90% of what i need with cash under the table. I help the construction guy, the gravel guy, the tile guy, the road side produce seller, the road side furniture seller, etc. The message is to think about who you are helping when you spend dollars. Sounds like you are doing quite well at that ;)
PontifexMagnanimous 5 months ago
I'm ready.
jjsjeffjjsjeff 5 months ago 4
good alternative perspective
lambdog76 5 months ago
Good Vid man.Very Funny. I buy my metals from a local dealer. Who get's most of his metals from people bringing in their gold N silver, so most of that cash stays in the local community.
TheWhiskeytom 5 months ago 6
@TheWhiskeytom I call that bi-WINNING!
PontifexMagnanimous 5 months ago
dollars to do well?????? this dollar "safe haven" rally has 5 months to run tops...just step back and have a look just how many dollars there are out there
theMAXILOPEZpsycho 5 months ago
@theMAXILOPEZpsycho You know this? I have heard that shit for 20 years.
PontifexMagnanimous 5 months ago
nickles are one of the safest investments today... boxes and boxes of them.
oellerich007 5 months ago
everybody benefits - the non-misers from the lower prices when people hoard their money
natritious1 5 months ago
copy paste Defending the Undefendable (Chapter 15: The Miser) by Walter Block
natritious1 5 months ago
OK, so we increase money velocity in the local community. This also increases taxes paid to "them". It's all rigged to benefit "them". Hold gold or use dollars locally, we are participating in "their" system. Heads they win, tails you lose.
safeinsuburbia 5 months ago
@safeinsuburbia No. Don't confuse the situation. Sales taxes are local. They are a local issue. Not every place has them. And if you spend your money you help the people in your area keep jobs.
PontifexMagnanimous 5 months ago
This has been flagged as spam show
@PontifexMagnanimous "No. Don't confuse the situation. Sales taxes are local."
What about income tax, fuel tax, payroll taxes.......?
"And if you spend your money you help the people in your area keep jobs. "
More jobs = more taxable income. You're helping more than the locals.
safeinsuburbia 5 months ago
what he says about 4:30 isn't true. hoarding actually lowers prices and is GOOD for the local economy
natritious1 5 months ago
@natritious1 Its Keynesian nonsense!
natritious1 5 months ago
@natritious1 So tell me what happens when everyone hoards their money? We all sit at home eating ramen noodles never doing anything to translate our money into things desired. And we wait until prices fall. I don't buy it. I love Walter Block but I have life experience that tells me he is full of shit on this one.
What you want to do is.. live your life and enjoy it while you can while making prudent choices toward tomorrow. Spend and save.
PontifexMagnanimous 5 months ago