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racoonzdinner (December 31, 1969 at 4:59 pm)
vis a vis , i'm on a high horse. luckily i'm on 'who gives a fuck' juice. so no matter what happens to the us economy i'll still be happy.
LeftLiberalSoCal (December 31, 1969 at 4:59 pm)
Huh?
DrewAWeeks (December 31, 1969 at 4:59 pm)
Okay so basically in the end there will be no inflation which matters anyway because they will put price controls on gold.
andrebjorka (December 31, 1969 at 4:59 pm)
Gold obey by the laws of supply and demand. The world was a different place thirty years ago and a fixed gold price did always have to devalue once in a while. The real problem with the Dollar is that speculators use it as stocks and that's why it goes up and down together.
LeftLiberalSoCal (December 31, 1969 at 4:59 pm)
The International Bankers, basically the people behind each of the world's central banks in each country, control the price of gold. Just like they do with currency. The IMF owns allot of gold too. And they can all BUY and SELL it to each other. Causing the price to rise and fall almost at will. They own 95% of the gold and let you play with the other 5%.
goldglutton10 (December 31, 1969 at 4:59 pm)
Buy gold. Buy silver. Demand delivery.
NoSkeptics (December 31, 1969 at 4:59 pm)
The point of all this, we need to END THE FED! The federal reserve note is worthless. My old socks and toilet paper is worth more than the dollar. It's also NOT legal tender and is un-Constitutional. w w w. EndTheFed . u s
DrewAWeeks (December 31, 1969 at 4:59 pm)
Is it possible investors keep inflating the US dollar though and keep it there for 10 or 15 years? What about the US building up some profitable companies because foreigners buy up all the good businesses and run them properly? How do they artificially deflate REAL gold anyway?
lydelli2004 (December 31, 1969 at 4:59 pm)
don't know what to do. transfer our moneys to other currencies or buy overpriced gold bullions?
clev9980 (December 31, 1969 at 4:59 pm)
while the price of gold will likely go up; getting a fair price for it once you bought it at highly inflated prices is another story. |