Precious Metals New Thread 2.0

Well i have some silver for sale. Pm me for details.

 

FACT is it's IMPOSSIBLE for the gold standard to come back. You and shr133 don't have a clue and talk out of both sides of your mouth. We can have a limited amount of gold AND an unlimited printing press at the same time. Pick a side. There isn't enough physical gold in the world to back the all the global currencies. That's a FACT. So NO it can't be brought back.

 

At the current price, that's the point.

 

And you believe they will inflate it to oh say $50,000 an ounce or so to back currencies when the world "decides" to go back to a gold standard and you'll be rich right?

 

Ever taken an economics class?

Does Alex Jones write for Currency Wars by chance?

 

Oh none of these guys have. Trust me.

 

Of course not. Gold standard gives countries much less control over their currency valuation which has massive effects on import and export prices. Gold is good to have for electronics and jewelry, but we will never again be on a gold standard.

And LOL about the market being in a general downward trend


Also China is nowhere near the largest economy in the world.


So much wrong

 

They all make perfect sense....
The west is spending money they don't have, it's that simple, because the money is based on nothing...
A gold std would force us to maintain a budget and that's good...
We most likely don't have any gold left.

The petrol dollar is dying right now, I don't know what it will be replaced with.
But if we have 8000 tons of gold it won't matter.
They will just come out with a new dollar for 2 or 3 to 1.
Or the current dollar will be revalued down 50% or so.

 

The most ridiculous response yet. Try. Just try, a little bit, to think outside the box, unlike most sheeple. You stand a better chance to survive potential economic catastrophe.

 

Sorry, I'll try not to be skeptical about the skeptics point of view...

Follow you're own logic. The fact that you call other people sheeple shows your own lack of education more than anything else.

 

hehe, I'll just leave the 'ever take an economics' class bs aside. And no Alex Jones didn't write Currency Wars. A guy named Jim Rickards did.

 

I have plenty of econ classes...

The Keynesians are just wrong and we are about to find out.

 

And yet you fall back on hacks who post videos from their basements. Okaaaaaaaaaaay..........................

 

Fund (2014)[3] Data from the World Bank (2005–2014)[4] Data from the CIA World Factbook (1993–2014)[5]
Rank Country GDP (Millions of Int$)
World 108,777,213
9999999 European Union[n 1] 18,640,411
1 China 18,088,054
2 United States 17,348,075
3 India 7,411,093
4 Japan 4,767,157
5 Germany 3,748,094
6 Russia 3,576,841
7 Brazil 3,275,799
8 Indonesia 2,685,893
9 France 2,591,170
10 United Kingdom 2,569,218
11 Mexico 2,148,884

 

What politician is doing anything to fix our country????
Non they are running out the clock till they come out with the new dollar....

You just have Stockholm syndrome...

 

If you look at the stock market from inception of time, of course it shows up. Come on, man. If you look at the stock market from the 2008 crash, it recovered, but in recent times, is in a downward trend. Why did the stock market recover? It recovered because QE, not because real growth.

 

Did you REALLY just quote wikipedia??? And data sourced by the CIA?

Lets try worldbank.org --> http://data.worldbank.org/country

United States
Income levelHigh income: OECD
GDP at market prices (current US$)
$17.42 trillion 2014
Population, total
318.9 million 2014

China
East Asia & Pacific (developing only)
Income levelUpper middle income
GDP at market prices (current US$)
$10.35 trillion 2014
Population, total
1.364 billion 2014

 

hahaahahhaahahahahha

 

Gld has only been around from 2005 and it's killing the dow...
And now we going into another bull run...