Comments on: Are We On The Verge Of Witnessing The Death Of The Paper Gold Scam?

By: Des Malone

Des Malone — Sun, 09 Jun 2013 10:55:00 +0000

where do you propose America will get the food from after devastating the population who will be armed and pissed off?

By: WarriorClass III

WarriorClass III — Thu, 16 May 2013 01:55:00 +0000

You haven’t seen my comments on the bankster cartel or the Federal Reserve, then? Or that the reason the Founders didn’t address Corporations was that it was left to the provence of the states, all of whom only allowed Corporations to exist for the benefit of the people and state at large – they were required to be for a public purpose – not for profit. You neither know what us “religious” people think, nor American history. BTW, do you know who got that law changed in the first state to do so? Look it up, you may be surprised. And then not so much. Then the “conspiracy” may become clear to you.

By: Ralfine

Ralfine — Mon, 13 May 2013 20:48:00 +0000

Storage of value? Storage of wealth can be done in real estate and a few other thinys difficult to take away, like knowledge or qualification.

Time is money.
You sell your time to get money, and you use money to get time.

By: JailBanksters

JailBanksters — Sun, 12 May 2013 07:21:00 +0000

Sadly, they (JPM) will simply replace one scam with another scam. They (JPM) are not going let a hundred years scamming the public just come to an end because of some stupid yellow metal.

By: iceman

iceman — Fri, 10 May 2013 14:13:00 +0000

I went to my coin dealer last week and had enough money to buy ten one ounce silver rounds. I got two and was told to come back in a month! I am sure glad that I started stacking years ago! I don`t even care who the maker is anymore as I will buy just about anything now.

By: HumanLiberty

HumanLiberty — Fri, 10 May 2013 04:31:00 +0000

Also, Roosevelt’s EO did NOT outlaw ownership by private citizens, but by employees of the executive branch, which is the only body over which POTUS has such power. It was a trick, and the people fell for it, but no one was prosecuted for non-complience, as it was a bluff from the outset. All EOs that appear to apply to the general population are like that – legal word games, eaten up by a non-comprehending public. Let’s not fall for that any more.

By: steveo

steveo — Fri, 10 May 2013 04:09:00 +0000

It seems simple to me. They are so overhedged with paper and they could not hold the prices down any longer that they finally decided to do one final reduction and pay it all off with worthless cash, before precious metals EXPLODE! Otherwise it would cost them trillions more in settlement of gold at $10K per ounce. The end is near, they are flushing the toilet one last time to pay it off at this absurdly low price before everything collapses and gold’s price jumps by a magnitude.

By: Guest

Guest — Fri, 10 May 2013 01:31:00 +0000

Ha, gold only has value if you expect a recovery, or a continuation of the norm. Do you really expect the world to continue on as is after the collapse of the dollar? lolololololol!

By: Mykel Scott

Mykel Scott — Fri, 10 May 2013 00:23:00 +0000

Really ? Lets see what 30 % of the world does . When america says no gold no food . )

By: strangewalk

strangewalk — Fri, 10 May 2013 00:23:00 +0000

People are buying gold because they know the age of fiat currency is untenable. However, for all practical purposes gold only has value in relation to paper money. Can you go into a store and buy anything with gold? No, because first it would need to be assayed and proven genuine. Second, the real value of gold as a trading medium is purely arbitrary. In Weimar Germany gold only had value because it could be traded for dollars or pounds, but what currency could be traded for gold if the dollar collapsed? In short, gold will only have value if the dollar has value. Also, today no major country will ever be able to back it;s money with gold, because there is not enough gold in the world, either that or the price of gold would need to go over $50,000 per ounce.