GOLD VS PAPER MONEY, GOLD ALWAYS WINS!

Wed Jan 04, 2012 1:12 am » by **Anubis**

In the Old and Honest Days the Bankers would deal and trade in Gold.
Once the Bank recieved the Gold, the Customers would recieve a Note or Receipt indicating the Value of the Note or Receipt given.
You see Paper Money is basically a check.
It is a Receipt you give a Bank to get your Gold back or use the Receipt to Purchase an Item of equal or lessor value.

Now the Notes (Paper) money you folks use really has no value, you can't go to the bank and get Gold for the Value of your Greenback Receipts.
So technically you are all living in a false economy!. Wow we better buy Gold ASAP.

Seems everybody is giving you useless Cash for your real Wealth which is GOLD, go to any Financial Loan Shark and see, it's everywhere, "WE GIVE CASH FOR YOUR GOLD!".You can't depreciate Gold.
Though the System always tries to devalue Gold the Metal always bounces back up in Value because it is Precious and it is Rare.

http://youtu.be/Cv5k4ZHSdhY

:cheers:

Wed Jan 04, 2012 2:59 am » by **Flecktarn**

the concept still makes me laugh ,,gold a mineral from the ground ,,,,,,,,give fools shiny stuff to fight over ,,,either way when you die you cant take it with you ,,,,,

Wed Jan 04, 2012 3:02 am » by **Mydogma**

Canned beans, smokes and pounds of coffee

Wed Jan 04, 2012 3:09 am » by **Mydogma**

flecktarn wrote:the concept still makes me laugh ,,gold a mineral from the ground ,,,,,,,,give fools shiny stuff to fight over ,,,either way when you die you cant take it with you ,,,,,

Bravo did u hit the nail on the head, its like emus peck for the shinny gemszn but have no use for them...I think commodities shuld only be taded for industrial use, make it illegal to sell it as a commodity...use it for electronics and use washable tatoos as weddIng rings...the gold standard is better then what we have, but the reality is iS that the gold Standard has its damaging issues like the problem of controlling inflation...I say we scrap the works and just use casino chips...haha

Wed Jan 04, 2012 3:12 am » by **Mydogma**

mydogma wrote:
flecktarn wrote:the concept still makes me laugh ,,gold a mineral from the ground ,,,,,,,,give fools shiny stuff to fight over ,,,either way when you die you cant take it with you ,,,,,

Bravo did u hit the nail on the head, its like emus peck for the shinny gemszn but have no use for them...I think commodities shuld only be taded for industrial use, make it illegal to sell it as a commodity...use it for electronics and use washable tatoos as weddIng rings...the gold standard is better then what we have, but the reality is iS that the gold Standard has its damaging issues like the problem of controlling inflation...I say we scrap the works and just use casino chips...haha

If the rich couldn't sell there gold unless for industry use the price wuld drop off..sewering a bunch of gluttons that thot they had something special...make it lit gravel....