GOLD Becoming World's Currency
Uploader Comments (royalmetalsgroup)
All Comments (23)
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The US is worse than Europe right now. We are the world's largest debtor nation. Europe is having to deal with their problem now because they can't use the printing press by themselves. The US, on the other hand, can create the illusion that everything is fine with money printing and Quantitative Easing. Unfortunately, the longer the US waits to truly fix our problems, the greater chance we have of an economic collapse. If we'd fix it now, the side effects would be less painful than a wipeout!
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silver is better.
Next age of technology requires silver for industrial use, therefore its physical demand will become endless. and historically its been 10-1 to gold when the above reason did not exist,,, its still 40-1. Buy physical silver cus right now its worth hundreds if not thousands and selling for under it.!
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This is TOTAL insanity. Living here now is HELL.... and it's only just begun. Strength and courage to you all in Ireland!
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@thornlessrose2009 Hi there,you can include us Irish folk as well.
I voted against the Mas-strict,Nice,and Lisbon treaties.
Always knew that this Euro could be trouble.Selling our sovereignty for the Euro with eagerness is what ruined us,
Cheers!
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Hi there,agreed,
America is making sure that the Euro gets all the bad press.
This may buy the US breathing space and then consolidate its grip on the Middle east oil for which the dollar depends.Why is China not spoken about?US may not want to rock Chinese boat for fear of China dumping dollars?Hmm...
Gold is good but its too fast acceleration may cause unnecessary risky purchase for fear of sliding.J.P. Morgan may be up to its tricks in all this somewhere,
Cheers!
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G4T=Royalmetalsgroup
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Overnight strong Dollar & strong Gold. That means the world is really nervous right now. Gold will be set to blast $30+ when the dollar drops.
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@valhala56 I had a friend who's husband used to make good money until he got sick and could no longer work. She had a ton of expensive jewelry worth over $500,000 and she even said that it was her retirement money.
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@Mr2wings The dollar will be stronger temporarily, but we have the same structural problems, too much municipal, state and federal debt. If the Federal Government and Ben Bernanke chooses to default on our debt, the dollar will go higher, but it looks like they will choose to keep the printing presses running until we have hyperinflation.
The drachma worked well for Grecee for 1000's of years. Since we ditched the Drachma and adopted the euro... we went to straight to hell in the proverbial hand basket. :-(
thornlessrose2009 1 year ago 2
@thornlessrose2009 thanks for the confirmation
royalmetalsgroup 1 year ago