Posted on 08/28/2010 5:49:06 AM PDT by kristinn
Well said and thanks for the ping.
Have you seen this?
http://alanpetersworld.blogspot.com/2010/08/honest-confessions-of-moslem-scholars.html
You have said this before. It was BS then, and it's BS again. An ounce of Gold will always be worth about 500 loaves of bread, the finest suit of clothes, a month's rent for a family of four in a middle-level house.
The only exception would be if the government were ever able to pry all the gold out of private hands, and to criminalize its use. The only way that could happen would be if the government offered a premium grubstake for people to turn it in. Otherwise, it will always be out there on the black market, holding its value when nothing else will.
That is really great. From the video, I had assumed everyone up on the memorial was involved in organizing the event or an invited guest. From where you took one shot, I figured you for an official photographer for the rally.
It is intentional destruction of our nation. He is a Commie Muzzie Traitor. On second thought you have to be a citizen to be a Traitor, he would more accurately be described as an enemy combatant.
I promise, I will not be a "good little dhemmi". I Promise.
A loaf of bread would estimatedly cost nearly $200 after INITIAL devaluation. So 500 loaves of bread would be $10,000 and does not compute.
You appear stuck in a world which resembles “today” and not what will actually happen.
If you think gold will become a new currency, you may be right for a short while until people discover that food, clothing and essentials of life - by then - when there is no national scale industry nor fuel to run one or transport goods everything becomes local - where a horse or a gun becomes a necessary luxury, gold will no longer be a useful “thing”.
You could get something you need for a practical item like a gun, or a sweater you owned or a warm coat or a pair of shoes.
Why would you even need or want a suit in the disaster Obama is crashing down on us. Allow your mind out of its conventional box and expand it to visualize future reality.
Their value will outpace a piece of yellow metal that becomes purely symbolic with no value of its own. And no government to guarantee it (or anything else).
When hunger or cold or need for medication or bandages rises, the little metal symbols you imagine will survive will vanish. Or will be stolen or robbed by armed marauders or local gangs.
You still think of “trade” instead of “barter”. With very limited transportation in the sense you envisage, trade will shrink to minimal activity.
You might find gold (for a while) a base "trade" calculator in exchange for coal or a similar mined or manufactured item NEEDED for survival. Heat being one of these.
But think again. After a while nobody will have any gold left. It will have accumulated in fewer and fewer “rich” hands. Like the barons of old.
Its value will be arbitrary - as were coins in old times and not universally accepted. Specially when it is melted down, contaminated with other metals and turned in to ever less pure forms. How long do you really believe gold or silver which few will be able to assay or verify will survive?
Your assumptions seem very strongly based on what a gold dealer (like yourself?) would like us to believe. Not like our future realities you might wish to rethink.
The global economy will also devolve into a set of Fifth (not even third) world, AGRICULTURAL very local economies and societies. The Amish social level will be about the best of modernity which survives.
VERY RAPIDLY as millions die of hunger and disease from a an overall inability to get health care or adequately grow their own food.
Remember, like the Bubonic plague of the 1600's in Europe there will quickly be nobody available or willing to bury those who die of disease. Bringing more disease and deaths.
No more truckoads of anything going anywhere.
The Wild Wild West days will be MODERN compared to what we we will be facing in a very short time. They were hardy people in those days, used to a minimal life style.
Today we are softies, who will die or be killed in droves during a period of lawlessness and scant food or basic needs. Like electricity - so virtually no refrigeration of food or other persihables like medicines.
How much gold for some still active antibiotics some 30-years from now?
Projections show that in a matter of not too many decades, less than a century, probably within 60-years our American population will dwindle toward about 40 million as in the times of George Washington and our living standards will mimic those of that time with some improvements based on our acquired scientific knowledge.
What I suggest may be beyond your lifetime or mine but could begin to be felt even by our adult children and with increased intensity by our grandchildren.
Of course, that is if the Mayans are incorrect and we get that far past 2012/13 natural solar events. I hope we do but your “gold” will not have value for very long. Maybe for a decade or so, though I have my doubts about even that long.
I have NO agenda to defend - NOR espouse.
Only a fairly good ability to visualize - based on world history, human nature, and widely travelled worldwide experience and of course a modicum of imagination to extrapolate what you wish to deny - as a gold or day trader(?) Was it in Alaska?
I wish you and all of us well.
cheers,
thanks!
That's where you're right and wrong at the same time. Gold is always worth what someone is willing to pay for it.
The reason it holds value vis-a-vis desirable, needed resources (and even luxuries), is that someone HAS those resources. Their problem is storing their value. Take wheat, for example. The grower knows he has something of value, but he must dispose of it. He wants something small and portable to store the value of something that originally took up hundreds of acres, tens of thousands of bushels. That's where gold comes in. Always has, always will. Its absolute value will change with monetary policy. But its relative value will always make it worth a fairly rigid amount of the necessities of life.
Is that hard to see?
Thanks for your considerable response. We just disagree, poles apart. And that's fine, since the subject is by definition speculative.
I’m not sure if anybody mentioned this further down the thread but I was in attendence and close to the front of the Rally. We looked overhead around noon and saw a man in purachute that looked to have a camera - we guessed that Beck somehow managed to get a parachuter to video tape and snapshot the crowds for accurate estimates.
I took that to mean that he (Beck) had wide support among the people there on the platform, who came from both ends of the political spectrum, for the direction he took at this rally.
He said that when he first secured the Lincoln Memorial site, he had intended to do a political event, but that through prayer he understood God's will to be that he was to use the rally to rededicate the nation to God. He said we have been "wandering in the desert" for 40 years (since 1970 -- the year after the hippies established the counter-culture at Haight-Ashbury) and that many of us will have to "go to God boot camp" to be ready for the troubled times ahead.
Your reply is courteous and pleasant and appreciated. In fact this conversation has been posted without names or tags (anonymously) on AntiMullah.com to try to garner opinions from visitors from some 88 countries. This last part going up soon. They rarely post comments as they are monitored to avoid commerical SPAM posts.
You are not the thrust of my “negative opinion” - Obambi is. He is taking us down the path of perdition.
BTW - breaking news - Iran has withdrawn all its bank assets from Europe.
cheers,
I have to say, I was surprised and admiring of the number of elderly, wheelchair-bound or crutch-using people we saw there. It was hard going, as there was no way to avoid a walk of a mile or more if you took any sort of public transit. Yet people were helping the disabled to get where they needed to go, even motorized wheelchairs into and out of a packed Metro cars.
The camaraderie on the Metro was palpable. In our stuffed Metro car during the ride back home, an excited woman called her sister to share her elation about the event, which she said was "like church for awhile there -- I was feeling the love", and she asked all the riders within earshot to say "hi" -- and dozens of people yelled "hi" to her sister. Then she put her phone on speaker and the sister said "hi" back, to laughter. Not your usual DC Metro ride.
Fars, I agree w/what you have said in post 1,386, about gold as currency *in a possible futuristic economic scenario*. But, I think the scenario you’ve painted is rather speculative & almost messianic.
In recent weeks, I’ve heard that we, globally, may be in for another Global recession/depression & economic/financial crisis. With an addition that because we have added, in many parts wastefully, to our previous & current national debt, in many western countries, we may find that should another GFC hit us, we will not be able to contain it, nor get out of it by introducing yet another *stimulus package*.
A main issue to prevent another global GFC is not necessarily about gold or any precious metal, to act as a possible hedge. The main issues are reducing national debt & driving economic growth. That’s imo, and perhaps something to think about.
Thanks. Quite right. I was focusing solely on the gold hedge aspect of the situation.
cheers,
No, he was ripping the typical liberals who mock conservatives for believing in God.
Don't be paranoid about Mormons. I went to school with hundreds of them here in the DC area. They are decent people.
If alive, MLK would have been on stage with Glen and Sarah.
If MLK had been on stage he would have been a mighty lonely black man. I decided to go to both events to see what was happening. I believe there were easily several hundred thousand for Glen and Sarah, although I have been at big events where most were standing, and at this one many were sitting down or on blankets which takes up more space. At least they had lots of nice trees for shade. One thing that struck me is that this event was all white. Walking past about 10,000 attendees, I saw 3 black people, and no hispanics. I asked them politely what their reason was for being there. One was just trying to see the event, one was trying to find the Sharpton event, and one smiled enigmatically.
If this event represents the tea party, then TP is an all white movement, and Becks statements of inclusion echo very hollowly. It almost made me said to think that if Beck is really for inclusion, then he is trying to create what will not happen with this group.
Then I went to find the Sharpton event. It was really hard to find, and police could/would not give very definite info. On radio I had heard the first event would end at 1 pm, but did not. I heard that Sharpton’s group would start marching at 11 am and arive at 1 pm. Eventually, I located it near the fence for a new MLK memorial which is in development a little after 1 pm. There was a very large field with no trees, and lots of hot sun, and a few people sitting/walking around talking. A black man on the small stage said that Sharpton was always late, but that they were on their way. I think perhaps they had to delay the start when the first event ran late. Finally, after 3 pm the main group arrived. I think the total was from 3 to 5,000. Speeches by Martin Luther King III, Sharpton and others were mercifully short. The crowd was perhaps 15 to 30% white with some hispanics. Everyone was friendly.
One thing both groups had in common was a lot of emphasis given to God and his message. I don’t know why white people are so afraid of blacks, they really are not that well organized.
But when he says that, and he has said it several times in the weeks leading up to this event, he always adds, "as long as your place of worship does not advocate killing anyone." He said it again on Saturday, over the noise of the crowd applauding to the "go to your churches, your synagogues, your mosques" statement.
Who’s this guy in the pink shirt?
I think he is one of the American Indians (another is the woman behind him) who are descended from the original Indians who had Thanksgiving with the Mayflower pilgrims. Beck also had a man there descended from the Mayflower pilgrims.
There weren't as many in proportion as there had been at the Tea Party last 9/12/09, but there were people of color throughout. I sat near an Asian guy during the rally, and blacks were scattered throughout. We saw a young black woman wearing the Beck's "Faith Hope Charity" logo on her t-shirt with her mother (in a wheelchair) at the small Tea Party rally with Michelle Bachmann. It was on the other side of the Washington Monument grounds, following the Beck rally.
Incorrect. It was written by John Newton, a former slave ship operator who "once was blind." First published in 1779, when the USA was 3 years old.
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