Let's keep printing money, this will assure that gold prices will go up and stay up as the world gets ready for fiat to inflate into a huge balloon.
Even Canada has decided that if by late 2009 ea...
Let's keep printing money, this will assure that gold prices will go up and stay up as the world gets ready for fiat to inflate into a huge balloon.
Even Canada has decided that if by late 2009 early 2010 the economy does not pick up they will also start "printing money".
I don't think its a coincidence that everyone is jumping on this freight train and I expect that this is the catalyst that will lead to massive inflation before new money comes.
Hyper inflation will cause currency debasement, expect a new currency, perhaps a world currency.
For now we will have to accept that the IMF SDR will likely be it. Don't be fooled the IMF SDR is also just another useless "FIAT" currency backed by nothing.
Maybe that is why CHINA is buying gold like crazy so they make the YUAN the new RESERVE currency.
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gold and precious metals are worthless as well. If the dollar crashes yet gold reaches $2,000/oz what's the difference? Man gives these things value......wake up, we're all doomed in the end anyway........it's a lose,lose no matter how it's sliced.
I understand that gold has been used for money from the beginning. Think how its value is created though.....it's just another stupid metal found in the earth....big f'in deal. What if 5000+ years ago they decided coal was gonna be the main form of currency? It's the same thing .......man creates its value, you will never change that fact.
It's not just another metal. Gold, unlike silver, doesn't rust or tarnish. You can put gold on the ground and leave it there for 5,000 years, return, and you will see it hasn't changed. With other metals, you can't say that.
What you're forgetting is if the dollar crashes, gold itself can be used as a currency. It's the ultimate currency, used by kings throughout history. Open the book of genesis and you will see that gold itself (not the dollars behind it) is all that matters.
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I have just been watching your video and I must admit it really is very good.
I really enjoyed watching it.
Already looking forward to more of the same in the future.
Cheers to your success.
Mark McCulloch
Its a cycle...confidence cycle.
If the dollar crashes we won't really have a good measure of its value is usless dollars.
No one will want to sell it for dollars...maybe trade it for land or other worthy assets.
Silver is good for food..
If you know enough about ANY metal or anything else you will understand why it has value.
Gold has been money for over 5000 + years...
I do agree there are more important things.. like food, water, fuel, weapons, ammo ect...
Its not just because we gave it value...
It has value far beyond what we dumb humans understand.
There is a lot more to it than meets the eye...specifically ORMUS or ORMES.
Research David Hudson if you are interested.
It's not just another metal. Gold, unlike silver, doesn't rust or tarnish. You can put gold on the ground and leave it there for 5,000 years, return, and you will see it hasn't changed. With other metals, you can't say that.
What you're forgetting is if the dollar crashes, gold itself can be used as a currency. It's the ultimate currency, used by kings throughout history. Open the book of genesis and you will see that gold itself (not the dollars behind it) is all that matters.
Be serious...republican and democrats are all playing the people like a fiddle...
There is no democracy in a 2 party one headed system.
Don't be fooled by the illusion of voting...its just a con to make you think you can make a difference...
The truth is you can't.
Time to wake up...