The US ponzi schemes are exposed and the gold scam could be bigger than the Bernie Madoff scandal!
Got Gold? "Proof" The Gold and Silver Scam by the US Banksters is undeniable! The Smoking Gun on the gold scheme is exposed! The US caught again in possibly the biggest PONZI scheme of the decade! This is bigger than the Madoff scandal. The evidence of the silver and gold scam has been handed over to the CFTC once again on a silver plater and still nothing has been done and this has been going on for years. Can America gain confidence with scam after scam being exposed? It is unlikely the US ...
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……….expence? Is it a “British” thing?
moniequa said it best, but to add we are the value. Can gold build a bridge, can it sell a t shirt, can gold bake a cake or create an idea ?!
Same question, Can men and women do all of the above ?!
its rarity and energy it takes to get it out of the ground gives it its value.
We can’t take everything at face value, we have to question everything. It is saddened for me to see that people are so engulfed by greed that they jump in the minute someone mentions (perceived) good investment. Their gullibility and greediness will only lead them to their demise. A few weeks ago Mr. Greenspan said realestate was coming back and people went buying. Wasn’t he the one who brought real estate market and our economy down? Why do we believe him again? Think folk think.
Mahdah said “its rarity and energy it takes to get it out of the ground gives it its value.”
This is false.
It is the demand for a good that gives it its value.
Many things many be rare and difficult to get, but if nobody wants them they have no value.
What happened to the sound?
if you buy retail gold coins…then u r a sucker. if gold holds wealth so well…then the retail gold companies would not sell it for the supposed weak us dollar…
they do it because dollars and fiat currency is still used around the world to buy goods and services. They do not sell all their gold holdings. And more so gold and silver can be traded against each other at a nice profit. I believe the real point is that once the dollar was backed by gold and silver (wealth) now it’s backed by debt, causing huge inflation and diminished purchasing power.
Hitler laughing from his grave. “what did i tell you bitches?”
all world currencies are devauling…the majoirty of gold is held by govts and banks….not by the average consumer…hold onto some pre 1964 silver coins…forget about the gold
With a catastrophic collapse of the dollar, gold will NOT be anything more than a rather small palliative for relatively few people for a short time, as social crisis will render the whole nation and much of the world into ungovernable chaos. There simply isn’t enough gold in existence let alone in actual possession by enough people to really matter. Actual, tradeable items of value and units of exchange will naturally sort themselves out over time according to unique local circumstances.
> With a catastrophic collapse of the dollar, gold will NOT be
> anything more than a rather small palliative for relatively
> few people for a
Gold has been money for 5,000 years, except for the last 40 years.
For the last 40 years, we’ve been on the longest lasting paper fiat system in all of recorded history.
Now, those 2 statements are facts. The question for you to think about, is this time different? Is it an entirely new era?
Golds supressed? Silver is supressed wayyyy more. Silver is the peoples money. Dont buy gold. It has too high a value for its weight. Buy 1 and 10 oz silver bars and pints of whiskey for bartering.
True.
If our government would print its own debt free currency without the Federal Reserve’s involvement, we’d be alot better off. Of course the Federal Reserve would unleash martial law on our streets to stop this.
Over 3/4 of the world’s gold supply is held by foreign banks. The US citizen would be impoverished in such a scenario.
Stop it. The truth hurts the sheep too much.
It is different because it needs to be taken out of the ground whereas fiat can be conjured electronically. You need to remove 250 tons of earth to get one once of gold.
Surely food is another.
No. The IMF selling its massive reserves might pull it down.
You mean ‘WE SELL GOLD’ commercials right? But yeah, that should happen around 2020.
You know what would be a good publicity stunt for gold? Someone robs a bank and takes only the gold and leaves the cash.
are you familiar with GATA (Gold Antitrust Action Committee)?
buy silver coins and bury them in your backyard next to your guns and ammo
I’d dump some of my liquid assets on her……
and keep my bullion……