Posted on 06/15/2010 5:08:26 PM PDT by Errant
"...there is a group of elite (the leaders of the banksters wolfpack) who control the majority of the world's gold, and they are above the law and do not pay taxes, because they print our money and they make our laws. They were adding to their enormous historical gold hoard at the bottom in price, when they ordered the Central Bank to sell and lease it. I am not referring to the people we see on TV, but the untouchables such as Rockefellers and Rothschilds, who are at the highest levels. Note I am not making a specific allegation against any person or family, just using those names since many people associate them with the inner elite circle. Rothschild wrote, "he who owns the gold, makes the rules". I will add to that, "he who owns the most gold, doesn't pay taxes, because he makes the rules"..."
"...I am not arguing that we should not retain some physical gold+silver for small time bartering and for insurance against other possible outcomes and if necessary to physically escape some war of fascist environment. I am arguing that we should not have our entire networth in physical metals and those hoarding metals hoping to become super-rich are in the words of a Treasury official, "going to have their arms burned up to their armpits..."
(Excerpt) Read more at marketoracle.co.uk ...
Don’t forget the knowledge, experience and skill to provide for your family and properly manage the herd.
Point of order....those with Ak's, AR's, .22's etc will protect those that have farms, whiskey distilleries, etc. I'll for-go gold for guns thank you...PS....just because we have firepower does not make us thieves...maybe just the opposite.
Agreed. Gold is a bad investment unless you sell it high, which any average joe will surely anticipate. sarc/ The problem with gold is that it can dive to nothing in a few hours. Silver is more stable. Or even diamonds. I think gold is a sucker’s bet. And those of use who are well-armed, will dominate. Thus, lead can be turned into “gold”, when needed.
Point of order....those with Ak’s, AR’s, .22’s etc will protect those that have farms, whiskey distilleries, etc. I’ll for-go gold for guns thank you...PS....just because we have firepower does not make us thieves...maybe just the opposite.
Ok,all of you experts:
What do you suppose the new ore discoveries in the Middle East will mean to our gold “market”?
short run?
long run?
The insiders can set up anyone, and will shake them them down too.
Fact is, if things ever got bad enough, ya could trade hand full of gold for a ham sandwich....
Or a wheelbarrow running over with $100 bills...
I'm not sure there will be a long run.
Debt is the four letter word to watch out for, not gold...
Ooooh, did I ever rile folks up here who think they're going to buy food with gold. Hate to tell them, if there is no food then no amount of gold will make a loaf of bread appear. You have the right idea with dirt. Dirt will provide that loaf of bread. Just make sure that dirt is protected with some brass.
>> Ooooh, did I ever rile folks up here who think they’re going to buy food with gold.
Folks who own gold take owning gold quite seriously.
Fact is, I don’t KNOW what’s going to happen. Neither do the gold bugs, or you, or anyone else.
All any of us can do is to take our chances on our best educated guess as to what will happen, and plan our affairs accordingly.
Best of luck to you. And your point about “brass” is well taken.
Goldbug ping
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“Special” Goldbug ping
Let’s just retire the trophy — what trophy I don’t quite know — on this response.
BTTT!
Thanks for the ping. Many weekend survivalists and plants on this one.
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