Is the Price of Gold Artificially Depressed? [View article]
I see an amendment coming! In the inevitable event of greater national emergency, the Patriot Act will be used to again confiscate physical gold held by citizens wherever US marshals can reach with their grubby hands. Given the extent of US military presence all over the world, that's pretty far and wide. Given that Washington was able to invade Iraq to gain greater control over the oil supply lines - which is not even the only line - what's there to stop the clandestine robbery of gold wherever it may be stored? Obviously neither international law, nor any other factor can stop this army on the march! Nobody is going to threaten a nuclear standoff over gold! Ultimately, Washington is most likely to use clandestine methods to ensure the survival of the dollar. The existence and operation of Guantanamo proves that the US military IS the law. Anyone to the contrary?
Gold Stocks: Five Points to Remember [View article]
While we all worry about our future economic security, using known principles of economic analysis, none of it will be valid when all OECD governments will resort to changing the rules (as they are used to doing), and start confiscating wealth, money and/or property - also as they are used to doing. Nothing of value is safe from rapacious and desperate governments. Where do we turn then?
Is the Price of Gold Artificially Depressed? [View article]
Given the extent of US military presence all over the world, that's pretty far and wide. Given that Washington was able to invade Iraq to gain greater control over the oil supply lines - which is not even the only line - what's there to stop the clandestine robbery of gold wherever it may be stored? Obviously neither international law, nor any other factor can stop this army on the march!
Nobody is going to threaten a nuclear standoff over gold! Ultimately, Washington is most likely to use clandestine methods to ensure the survival of the dollar. The existence and operation of Guantanamo proves that the US military IS the law.
Anyone to the contrary?
Gold Stocks: Five Points to Remember [View article]
Where do we turn then?