James Turk "Future of Gold"
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@fettkatt87 Serious question. What the fuck that does mean? Idiot.
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@fettkatt87 Can you eat paper currency ?
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@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.
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@timplot43 - Me too! Great on desserts.
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Good upload, cheers!
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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.
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Remember one cannot eat paper dollars or digital numbers either.
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I've eaten Gold!!!!! Yummy
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@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
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