Replies

1 posted on 10/13/2023 9:20:18 AM PDT by Attention Surplus Disorder

To: Attention Surplus Disorder

War is good for business. - Ferengi Rules of Acquisition............

2 posted on 10/13/2023 9:26:38 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)

To: Attention Surplus Disorder

3 posted on 10/13/2023 9:27:44 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)

To: Attention Surplus Disorder

I’m invested in precious metals, too.
Brass + Lead = Ammo.

6 posted on 10/13/2023 9:37:35 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)

To: Attention Surplus Disorder

Good. My earrings are worth more now.

7 posted on 10/13/2023 9:40:48 AM PDT by rightwingintelligentsia (Democrats: The perfect party for the helpless and stupid, and those who would rule over them.)

To: Attention Surplus Disorder

I remember on a TV show in the 60s someone asked the price of gold (because they found some) and it was $35. That always stuck in my head.

8 posted on 10/13/2023 9:49:36 AM PDT by \/\/ayne (I regret that I have but one subscription cancellation notice to give to my local newspaper)

To: Attention Surplus Disorder

With decades of inflation, it should be closer to $3000 / oz.

9 posted on 10/13/2023 9:53:23 AM PDT by sjmjax

To: Attention Surplus Disorder

11 posted on 10/13/2023 10:00:44 AM PDT by Rio

To: Attention Surplus Disorder

Ammo may be a Good investment.

14 posted on 10/13/2023 10:09:35 AM PDT by Big Red Badger (The Truman Show)

To: Attention Surplus Disorder

Wow. That’s not a normal move. Silver is up a bunch as well.

15 posted on 10/13/2023 10:18:23 AM PDT by Vermont Lt

To: Attention Surplus Disorder

WTI crude oil is up about $4 a barrel to $87.02 at the moment.

16 posted on 10/13/2023 10:40:38 AM PDT by dynachrome (War does not determine who is right, but who is left.)

To: Attention Surplus Disorder

Anyone who thinks we should switch to a gold standard, take a look at a gold price chart for the past two or three years. Last November, the price of gold was at $1,627/ounce. In March, gold was up to $2,050/ounce. Last week, the price of gold had dropped back down to $1,821/ounce. That is some serious volatility.

A gold standard just fixes the price of gold. The price of everything else would go up or down depending on the price of gold. If the price of gold went up, the value of the dollar would also go up and we would have deflation in the price of everything else. If the price of gold went down, the value of the dollar would also go down and we would have inflation in the price of everything else.

Now consider the fact that China and Russia are two of the three largest gold producing countries in the world and can flood or cut off the gold market anytime they want to cause gold prices to crash or skyrocket. I really don't think it would be a good idea to give China and Russia that much control over the value of US currency.

17 posted on 10/13/2023 11:47:16 AM PDT by Bubba_Leroy ( Dementia Joe is Not My President)

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