css1971

Gold and Economic Freedom: Reinterpreted for the 21st Century

He didn't in fact say that. It's a misquotation.


On May 10 04:39 PM Gold Barron wrote:

> "I believe that banking institutions are more dangerous to our liberties
> than standing armies. If the American people ever allow private banks
> to control the issue of their currency, first by inflation, then
> by deflation, the banks and corporations that will grow up around
> the banks will deprive the people of all property until their children
> wake-up home-less on the continent their fathers conquered."
> –Thomas Jefferson
>

The Citigroup / Gold Ratio

The ratio simply gives the level of faith that people have.

Citigroup is a banking insutution, based on a clearly failed fractional reserve system. Says a lot about human honour and trustworthiness.

Gold simply is.

Major Investors Piling into Gold

Don't tell me. You piled it all into the S&P 500 and made -50%?


On Feb 16 08:54 AM CLH wrote:

> After an eight year bull, I sold my gold stocks in March 2008. One
> year later gold has not moved. I dont like dead money.

U.S. Debt Default, Dollar Collapse Altogether Likely

On Feb 04 03:48 AM Dave Wrixon wrote:
> True the US has never done that before, but then the US has never
> been so badly managed before.


April 5th 1933
August 15th 1971

The USA has defaulted several times.

The Favorable Outlook for Gold

Did it fall or is it being pushed?

Take a look at the gold, silver, platinum lease rates.

www.kitco.com/lease.ch...

Is Gold A Sucker's Bet?

Oh... Really?

news.bbc.co.uk/1/hi/wo...

The Euro Shows Its Real Colors

"Euro has the fatal flaw of being governed by a single central bank but multiple national governments."

You seem to think that national governments matter... Haven't you noticed that when certain banks shout "Jump!", the national governments ask "How high?"

Buying Gold: What is High and What is Low?

Hint... High and low are relative.

HTH HAND...

Gold Will Rise, If It's Money

Gold isn't an investment. It doesn't grow in value, what a gold coin could buy you in 200AD, a similar gold coin can pretty much buy you today. Gold is a store of value, not an investment.

That said, most of what are considered "investments" today are not investments either, they only appear to increase in value because the currency is devaluing at 10%+ per year.

US Government: No Surprises Left

marine41.

I think you'll find that the people advocating small government are not in fact the same people running the banks and multinationals. They are perfectly aware that big government means easy money.

JasonC

They can be replaced by a set of printing presses. With better results too.

Stagflation or Deflation?

I'll just point out that the USA has defaulted on it's debts twice. The second time being August 15th 1971, fighting the Viet Cong. Since then, the dollar has largely been backed by oil... The Saudi royal family have been propping up the US dollar since then. This sheds a little more light on the makeup of the 9/11 bombers, with 15 of the 19 being Saudi...

Why Should I Own Gold?

"Permit me to issue and control the money of a nation, and I care not who makes its laws." --- Mayer amschel rothschild


The nature of our money defines the nature of our society.

If you can simply create money from nothing then you can essentially afford to do anything you wish. You can build the tallest building in the world and look out over all. You can build a fleet of space ships and fly to the moon. You can build the largest most powerful army in the world and none dare stand in your path.

What would you do to the world if you could create money from nothing? What would a well meaning fool do? What would a psychopath or sociopath do?

On the other hand, making gold isn't quite as easy as stamping a piece of paper.