Ok, very good points, now lets move to the solution. James Turk is with GoldMoney, ok what needs to be done is to just go to the next step and get a precious metals ATM card connected to the accounts so the money can be transferred rapidly in and out like a bank account and let the price be done in spot prices at the time the transaction has happened.
i'd argue that gold has lost its ability to accurately portray value. unless you interpret that it's trying to inform us that value itself has become volatile.
@apagoogoo I would disagree with that. Just see his oil chart in terms of gold. There is no other unit of account that has validity. This is due to the human failings of central bankers, politicians and voters. Then look at the Dow: Gold ratio and the Dow in terms of UD dollars. Against dollars, up most of the time. Against gold sideways with incresing volatility since the end of the gold standard. That volatility is becoming catastrophic due to lack of unit of account in the fiat system.
@fettkatt87 last I checked, I couldnt eat paper dollars either. When some fool says "NO ONE CAN EAT SILVER OR GOLD!!", the ignorance and stupidity that is out there just makes me cringe....
Gold is real money, that is all. No one is saying you store it up to eat it.
Ok, very good points, now lets move to the solution. James Turk is with GoldMoney, ok what needs to be done is to just go to the next step and get a precious metals ATM card connected to the accounts so the money can be transferred rapidly in and out like a bank account and let the price be done in spot prices at the time the transaction has happened.
mbtrader67 1 year ago 2
Good upload, cheers!
hendo19742 1 year ago
i'd argue that gold has lost its ability to accurately portray value. unless you interpret that it's trying to inform us that value itself has become volatile.
apagoogoo 1 year ago
@apagoogoo I would disagree with that. Just see his oil chart in terms of gold. There is no other unit of account that has validity. This is due to the human failings of central bankers, politicians and voters. Then look at the Dow: Gold ratio and the Dow in terms of UD dollars. Against dollars, up most of the time. Against gold sideways with incresing volatility since the end of the gold standard. That volatility is becoming catastrophic due to lack of unit of account in the fiat system.
TheOmanJam 8 months ago
Remember one cannot eat paper dollars or digital numbers either.
rachelbinto 1 year ago
I've eaten Gold!!!!! Yummy
timplot43 1 year ago
@timplot43 - Me too! Great on desserts.
MiranUT 1 year ago
remember one can not eat silver or gold
fettkatt87 1 year ago
@fettkatt87 last I checked, I couldnt eat paper dollars either. When some fool says "NO ONE CAN EAT SILVER OR GOLD!!", the ignorance and stupidity that is out there just makes me cringe....
Gold is real money, that is all. No one is saying you store it up to eat it.
disciple90633 1 year ago 6
@fettkatt87 Can you eat paper currency ?
sinterminator 6 months ago
@fettkatt87 Serious question. What the fuck that does mean? Idiot.
GoldSilverLead 5 months ago
Nice upload, keep them coming, thank you!
Hendo1974 1 year ago