Posted on 03/19/2016 1:19:15 AM PDT by Berlin_Freeper
It’s used to make ormus to facilitate inter/extra- dimensional travel and elevated states of consciousness.
A stock market crash at this point wouldn’t surprise me. Unfortunately I don’t know what the stock market (or anything else) will do for sure otherwise I would just invest or short with massive leverage and be rich.
The reason gold is valuable is because it fits the criteria of what would be a good medium of exchange pretty much better than anything else. Silver is a close second though.
This article is somewhat good at explaining it. I could write such an article myself but it would take too much time.
Sorry addendum...
Silver has basically all the same properties of gold except silver is also CRUCIAL for industrial and electronics use. If all the gold disappeared tomorrow nothing much would change. If all the silver disappeared we’d probably go back to the stone age as many electronics and industrial processes require silver.
I’m pretty sure both the price of gold and silver are artificially suppressed by governments for a bunch of reasons which should eventually result in the price of gold and silver going through the roof (especially silver).
I personally found this area of research to be interesting. Here’s a link if you want to pursue it further.
http://www.silverbearcafe.com/private/home.html
Maybe.
Canada's gold production increased 29% in 2014, making them the world's 5th largest producer, right behind #4, the USA.
Canada's 2014 production was 160 "tonnes" of gold, which I'm guessing is worth circa $6 billion.
So, if they ever really need gold reserves, they'd just go out back to the gold "money tree", and shake it. ;-)
The Canadian government can always buy gold. Canadians produce things of value that other countries want so indirectly they can buy gold.
The bigger issue is that having gold might be crucial in the future or near future and the government will have to pay an arm and a leg for it when that happens.
Oh yeah, like other reserves in the ground like the Athabasca oil sands, off shore Hibernia, Kimberlite diamonds in open pit mines. Wait, salt mines in Godrich. Gold is cash, reserves are worthless till realize!
And plenty of ammo. :-)
When the SHTF, gold will be pretty much useless. Water, food, guns and ammo will determine who lives and who dies.
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