PAUL’S A KOOK! < /S >
Thanks for the post. Ron Paul’s economic message is important. Whatever some might think, his campaigns have made a difference and America may some day realize his greatness.
With gold hovering @ $1200 an ounce, it only common sense to focus on domestic gold production. It would solve a lot of problems....unless you struck oil in the process.
The only reason for the new $600+ reporting requirement to the IRS is for the government to effectively have “gold registration”. And the only reason for that is the possibility of gold confiscation.
So gold is a great investment, if you can smuggle it out of the US with your high tech US passport, and find a buyer who will give you a small percentage of its worth, and then probably rat you out to the US as well.
It’s called a “no win scenario”.
I refuse to give him credit for anything, including economic policy. Ron Paul is an egomaniac. There is nothing, including America and The Lord, that Ron Paul loves more than he loves himself. He is mentally ill.
If they actually can then sign 'em up, we need more!
Sorry, pet peeve du jour, it's "pooh-pooh's" when you scoff, show disdain -- you do the other in the necessary.
Gold has always been viewed as a hedge against inflation. Kinda dumb to be buying it at high prices in a deflationary spiral like we’re in now....
Goldbug ping
FWIW, here are some other articles on gold and silver from the past few days:
Bullion buyers bank on gold coins (currently “Most Read” on MarketWatch)
http://www.marketwatch.com/story/bullion-buyers-bank-on-gold-coins-2010-07-23?pagenumber=1
How Goldman and J P Morgan May Intend to Rape the Mining Industry (Again) and Take It Over ‘On the Cheap’ As Bullion Rallies
http://jessescrossroadscafe.blogspot.com/2010/07/how-goldman-may-intend-to-rape-mining.html
and a point-counterpoint for those considering taking delivery of a COMEX silver contract:
An unkind complicatedness (Scotiabank as inflexible counterparty)
http://www.theglobeandmail.com/news/national/christie-blatchford/an-unkind-complicatedness/article1643419/
Delivery of a COMEX silver contract: My experience (also via Scotia Mocatta, straightforward but still took 3 weeks and $1500 in costs)
http://goldismoney2.com/showthread.php?4856-Delivery-of-a-COMEX-silver-contract-My-experience&p=45848
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