Question: What is the inherent value in gold? Iridium is more rare than Au, and yet that is the metal you value.
I imagine there will come a day were we discover Latinum and some will claim gold is worthless and use it to protect the Latinum and make it more manageable form.
"It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." -Warren Buffett
Brothers sisters free yourself from the corrupt banking systems and Fiat money.They are robbing you with inflation every day.I have done my part for society by converting all my savings to gold/silver.I no longer keep my savings in banks or safety deposits related to banks. Did you know that with every $1 they create $27more and lend it out thus inflating the money supply and by the time it works its way around your
original dollar is worth less and less so stop contributing to this inflation.
keep spreading the word about RON PAUL!!! maybe we can impeach the next rouge president and get RON PAUL in office!!!!
where ever you go talk about RON PAUL, he is the man that could and would save our great nation and the world!!!
i beg you to please watch vids on RON PAUL on youtube because you will certainly fall in love with his ideology. unless you are pro-war and like the fact that america is trying to take over the world, unless you believe in new world order aka a police world!!
After 28 years, the price of gold has finally reached an all-time high. Although, inflation has increased by about 170% since then so gold needs to make it to $2300 an ounce to reach an inflation-adjusted high. Gold is very cheap still and you should get in on the ground floor, BUY TODAY!!!
Problem is the central bank's Gold has not been audited since the 70's I believe. Who knows what is really there. Also the central bank has been active in the gold market to artificially depress it's value. It is in their interest to keep gold as low as possible relative to the dollar. The central Bank is a syndicate folks. Plain and simple. They make the mafia look like child's play.
No, I put the probability of that extremely low. However, it is still possible. As Ron Paul said recently, 'Believe it or not we are in a new era.' The US is being posed the question of Regeneration (Founding Fathers) or Repression (Weimar Germany, Zimbabwe, etc.). Who knows what they will choose.
Well, maybe not DIRECTLY, but indirectly, through undivided beneficial ownership interest in a Trust that holds [at present] 631 tonnes of gold:
"The Trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses,..."
It's not as good as physical, but liquidity allows effective use as parallel checking account.
this is a great video from GATA.......check them out!
dr. paul is the man for REAL change.......change monetary policy is the key and he is the only one who GETS IT! he's the only one who knows what is REALLY going on with our dastardly fiat currency us dollar (used to be) world reserve currency. good bye fed - hello commodity backed currency!
The system in place up to 1971 is not the same system that Ron Paul wants to put in place. The Gold standard that Ron Paul wants is only a slightly bit better but technically not the same as the one that ended in 1971. See the Cato institute for a good explanation of it.
The thing we should be worried about (under our system now) is that without having a stable dollar world currency will begin to move to being backed by the Euro and our dollar will become like a Paso.
So am I to take it that the Fiat curency is UNconstitutional ? Hmmm !
Interesting to find out about the Gold coins our fighter pilots use in an emergency !
I have some Gold, and Silver, and will keep aquiring until the dollar ends up as ASS WIPE !
At least when (not if) that happens I'll be ahead of all my realitives who scoff at me now !
I can see it now, they will be offering me PILES of worthless dollars in exchange for some of my REAL money. WHO WILL BE LAUGHING THEN ?!
hunter69denys 1 year ago
Question: What is the inherent value in gold? Iridium is more rare than Au, and yet that is the metal you value.
I imagine there will come a day were we discover Latinum and some will claim gold is worthless and use it to protect the Latinum and make it more manageable form.
Nerdylation 2 years ago
p 18/F/Texas. hrmMMmmm. someone msg me im bored!! c
26457899 3 years ago
This has been flagged as spam show
they say im hotter than tila tequila! she is hot!!
0016chickboy 3 years ago
"It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." -Warren Buffett
machardo 3 years ago
Brothers sisters free yourself from the corrupt banking systems and Fiat money.They are robbing you with inflation every day.I have done my part for society by converting all my savings to gold/silver.I no longer keep my savings in banks or safety deposits related to banks. Did you know that with every $1 they create $27more and lend it out thus inflating the money supply and by the time it works its way around your
original dollar is worth less and less so stop contributing to this inflation.
suki2011 3 years ago
This comment has received too many negative votes show
spread the word that ron paul is nuts and his followers are even more so.
machardo 3 years ago
This comment has received too many negative votes show
I think they do a pretty good job of that themselves.
superjump01 3 years ago
What is so nuts about supporters of the constitution? stop bashing people, and say something substantial, otherwise you're wasting finger strength.
kiro30 3 years ago 3
keep spreading the word about RON PAUL!!! maybe we can impeach the next rouge president and get RON PAUL in office!!!!
where ever you go talk about RON PAUL, he is the man that could and would save our great nation and the world!!!
i beg you to please watch vids on RON PAUL on youtube because you will certainly fall in love with his ideology. unless you are pro-war and like the fact that america is trying to take over the world, unless you believe in new world order aka a police world!!
gmoliveira814 3 years ago 4
After 28 years, the price of gold has finally reached an all-time high. Although, inflation has increased by about 170% since then so gold needs to make it to $2300 an ounce to reach an inflation-adjusted high. Gold is very cheap still and you should get in on the ground floor, BUY TODAY!!!
elektrikcity 3 years ago
Problem is the central bank's Gold has not been audited since the 70's I believe. Who knows what is really there. Also the central bank has been active in the gold market to artificially depress it's value. It is in their interest to keep gold as low as possible relative to the dollar. The central Bank is a syndicate folks. Plain and simple. They make the mafia look like child's play.
jamo387 4 years ago 2
I love RON PAUL! He's the only candidate willing to come forward with the truth! He is a wise man! He speaks the truth to the people!
elizabeth13000 4 years ago 9
Why am I just hearing about this? Somebody along the lines of power flubbed up! We need to dissemenate information more properly!
frnnk 4 years ago
ron paul! Donate now!
ronpaulpresidency 4 years ago 3
Because of this current money system which hampers all good. WE CAN NOT EXPLORE OUTERSPACE PROPERLY.
Shortchecker 4 years ago
"I want to close down the Federal Reserve"--- Ron Paul
wawbwc 4 years ago 6
This has been flagged as spam show
Why does Obama want to raise my taxes?
Why does Obama support giving my job to an illegal Mexican alien?
kamajiboy 4 years ago
Everybody save up and buy 3 ounces of gold...or buy all the silver you can afford..its cheaper if gold is out of reach.
Rustyshackleford08 4 years ago
They can always buy GLD on the NYSE. Every share is backed by 1/10th of an ounce of gold, so tracks the gold price.
But nothing beats holding physical gold!
lastnymleft 4 years ago
I would not go for paper now, just the real thing.
Rustyshackleford08 4 years ago
Do you think it could come to a 1933 FDR-style decision to confiscate gold?
lastnymleft 4 years ago 2
No, I put the probability of that extremely low. However, it is still possible. As Ron Paul said recently, 'Believe it or not we are in a new era.' The US is being posed the question of Regeneration (Founding Fathers) or Repression (Weimar Germany, Zimbabwe, etc.). Who knows what they will choose.
jonahtrainer 4 years ago
Are you following GATA? I can't get in the groove with those guys. I reckon "STFU, and ACCUMULATE!"
lastnymleft 4 years ago
Bush has an executive order (can't remember which one)that can do that.
Rustyshackleford08 4 years ago
GLD does give exposure to the gold price but every share is not backed by gold. The prospectus doesn't say so. Many experts have commented on this.
jonahtrainer 4 years ago
Well, maybe not DIRECTLY, but indirectly, through undivided beneficial ownership interest in a Trust that holds [at present] 631 tonnes of gold:
"The Trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses,..."
It's not as good as physical, but liquidity allows effective use as parallel checking account.
lastnymleft 4 years ago
We gotta get moving and buy what you can because soon all the paper and cards will be worthless.
Rustyshackleford08 4 years ago
The US dollar is starting to look like a Paso already . Why does the world want to trade in currency from a country that is virtually bankrupt. ?
FreeYogaVideos 4 years ago 2
Buy Gold
615ocean 4 years ago 3
this is a great video from GATA.......check them out!
dr. paul is the man for REAL change.......change monetary policy is the key and he is the only one who GETS IT! he's the only one who knows what is REALLY going on with our dastardly fiat currency us dollar (used to be) world reserve currency. good bye fed - hello commodity backed currency!
itsmesunny 4 years ago
The system in place up to 1971 is not the same system that Ron Paul wants to put in place. The Gold standard that Ron Paul wants is only a slightly bit better but technically not the same as the one that ended in 1971. See the Cato institute for a good explanation of it.
The thing we should be worried about (under our system now) is that without having a stable dollar world currency will begin to move to being backed by the Euro and our dollar will become like a Paso.
Fu2ureprez 4 years ago 2
Succumed to the scaremongering surrounding a gold standard?:
(1) The US was on a gold standard till 1971. We did alright till then, didn't we? It's only since then our monetary system is collapsing.
(2) There are MANY, SERIOUS people support a gold standard: Alan Greenspan, and Steve Forbers.
(3) Ron Paul has TRANSITION arrangements in place, such as allowing competition between currencies.
(4) Our current monetary system is UNCONSTITUTIONAL. Gold and silver is Constitutitonal money.
lastnymleft 4 years ago 7
Thats right, I wants Ron's monetary policy!:)
Rustyshackleford08 4 years ago 2
Cant print gold!
Back to the gold standard!
Ron Paul 2008!
Organjic 4 years ago 8
This has been flagged as spam show
@Organjic What Obama could do to gold in peoples' hands /watch?v=dbrsI8S4Tro
vechorik 3 months ago