Excellent gold report
derryb
Posts: 36,978 ✭✭✭✭✭
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
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Suggest you do not open.
I knew it would happen.
Try this one
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
.....finally worked the 3rd time. Probably more a problem with my older computer.
Refreshing to read a gold "analysis" that isn't filled with dozens of half-truths and handed-down folklore. Can't say I found any issues with the facts in the article.
roadrunner
<< <i>With a good history on gold vs. dollar
Investing is physical gold >>
I hate reading 19 page reports..
Nice article. I like the synopsis of the Hunt Borthers silver corner attempt.
Link
Not by any means comprehensive...To be shown to those with short attention spans.
Sounds like typical BS you get from people trying to sell you gold. Own gold 'cause you want to.
Which of the 17 points do you think is BS? Or, do you think the entire article is BS?
If someone going to BS you about buying gold it won't take 17 points or 19 pages in a PDF file, sheesh.
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1. It's the reserve currency of the world "backed" by the nation with the largest economy and military on earth. And because it's the reserve currency the US govt/treasury/FED/banks have the power to print/create any amount of it that they desire to better "stabilize" crisis situations.
2. It's currently holding it's own better than most other depreciating currencies (ie. the strongest of the symbolic fiat currencies).
3. The FRN (debt/IOU) is guaranteed by the full faith and credit of the US. Govt.
17 reasons to own gold - John Embry
This link is only 2-3 pages and much more condensed. The problem is, one can't get close to 17 reasons to own paper fiat.
roadrunner
I can live with that. MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>3. The FRN (debt/IOU) is guaranteed by the full faith and credit of the US. Govt. >>
So are Eagles & Buffs . . . Believe I'll take my chances with them ! ! !
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
<< <i>
<< <i>3. The FRN (debt/IOU) is guaranteed by the full faith and credit of the US. Govt. >>
So are Eagles & Buffs . . . Believe I'll take my chances with them ! ! !
HH >>
Credit of the US Govt. is becoming more and more questionable. Keep an eye on their "credit rating."
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
<< <i>
<< <i>3. The FRN (debt/IOU) is guaranteed by the full faith and credit of the US. Govt. >>
So are Eagles & Buffs . . . Believe I'll take my chances with them ! ! !
HH >>
Gold and silver do not need to be guaranteed by any government.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>PDF file of the report
Nice article. I like the synopsis of the Hunt Borthers silver corner attempt. >>
thanks for the pdf