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Who are they who have so little respect for the U.S. dollar that they are giving away 4,600 of them for a paltry ounce of gold?
Self

Posted on 01/12/2026 11:40:18 AM PST by T Ruth

Those who have stolen billions of dollars from American taxpayers attach little value to what is has been so easily obtained. Further, their thefts have weakened the American government, which tips the odds that the American government will collapse, and their trade of dollars for gold will be a winning one.

However, if the massive thefts can be halted, then the number of market participants who have billions in cash to which they attach little value will shrink drastically.

Recall that price is determined at the margin. It only requires a few market participants (technically only one), who are willing to pay any price, to drive up the market price. Recall the Hunt brothers’ silver boom of 1980.

Hypothesis: IF the massive thefts of taxpayer monies can be stopped soon, then the price of gold will decline precipitously within two years. However, reality is that the dollar has been weakened, the national debt is approaching $40 trillion, and the dollar price of gold will probably not return to its level of 2022.


TOPICS: Business/Economy
KEYWORDS: debt; delta7; gold; silver; vanity
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To: jimwatx

There are no supporting news stories nor can I find this in any filings Samsung has made.

Fake news video?


41 posted on 01/12/2026 3:27:11 PM PST by Crusher138 ("Then conquer we must, for our cause it is just")
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To: Crusher138

Well the video is AI so who knows. Asian guy has always been super bullish on silver up to this point. I guess one way to check this out would be to take a look at Samsung’s latest 8k filing. That should provide the evidence.


42 posted on 01/12/2026 3:37:50 PM PST by jimwatx
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To: T Ruth
I did not suggest that taxes cause the rise in metal prices.

Really, then what does this mean:

IF the massive thefts of taxpayer monies can be stopped soon, then the price of gold will decline precipitously within two years.

Seems to me that's exactly what you're saying.

43 posted on 01/12/2026 3:44:55 PM PST by econjack
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To: chud

“Since then, we have been in the petrodollar world. The dollar was tied to oil instead. “

that is why we are currently trying to acquire Venezuela


44 posted on 01/12/2026 3:56:25 PM PST by algore
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To: jimwatx

I did.

There is no 8-K filing.


45 posted on 01/12/2026 4:07:50 PM PST by Crusher138 ("Then conquer we must, for our cause it is just")
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To: jimwatx

https://www.samsung.com/global/ir/


46 posted on 01/12/2026 4:09:54 PM PST by Crusher138 ("Then conquer we must, for our cause it is just")
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To: Drago

Without power to tax, Treasury bonds will not sell. Deficits are supported by sale of Treasury notes & bonds. I see nothing wrong in purchasing bond paying 5% interest so long as inflation is under 3%.


47 posted on 01/12/2026 4:19:43 PM PST by Bobbyvotes (Work is worship! .... Bhagavad Geeta)
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To: ScottHammett

It could happen.


48 posted on 01/12/2026 5:11:01 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Crusher138

Yeah I just went looking for it myself and didn’t find it. So this whole story might very well be bs.


49 posted on 01/12/2026 5:23:41 PM PST by jimwatx
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To: Nateman

>>>...contacts. If those connections were coated with Gold...<<<

yes, it seems that all imported commercial electronics doesn’t/don’t have gold-plating over ohmic contacts, connectors, connections, couplings, plugs, etc. etc. - just plain brass, copper... - so they corrode, oxidize and fail in no time.


50 posted on 01/12/2026 5:35:19 PM PST by leopud
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To: Bobbyvotes; All

Given current government spending patterns bond buyers will fairly soon have to factor in the possibility of a default. 4.83% isn’t going to cut it at that risk level. Especially when real inflation rates are higher than the current CPI calculations.

https://www.cnbc.com/bonds/

https://www.fedsmith.com/2023/04/19/inflation-severity-depends-how-its-measured/


51 posted on 01/12/2026 5:52:33 PM PST by Drago
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To: Macoozie

Yes!

“There are two types of people on this earth, those that are slaves and those that are masters, the difference between them is land.”


52 posted on 01/13/2026 12:19:36 AM PST by CalTexan
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To: Drago

I see no default. So long as there are income producers, corporate or individual people. Taxing power is paramount. Only risk with bonds is interest rates could climb to Carter era.


53 posted on 01/13/2026 4:10:20 PM PST by Bobbyvotes (Work is worship! .... Bhagavad Geeta)
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To: Bobbyvotes

Probably correct, but consider that the current problem (deficit/national debt) is so out of control that taxing the “rich” (over $250K income according to Obama/Biden) at 100% of their income only generates about $1 Trillion annually while the current annual budget deficit is about $1.8 Trillion...and of course taxing them at 100% of their income is “unworkable”. So unless the Feds take a 30-40% budget cut across the board soon then default or currency debasement/”inflate away the debt” becomes inevitable.


54 posted on 01/13/2026 6:35:13 PM PST by Drago
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To: Drago

Do not worry. US debt will not default. If it did, every investment vehicle (stocks, real-estate, gold) will also tank. Mother of all depressions will arrive. Do you know during last depression of 1930’s gold tanked because there were no buyers.
DC politicians have money printing machine.


55 posted on 01/13/2026 7:27:49 PM PST by Bobbyvotes (Work is worship! .... Bhagavad Geeta)
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To: Macoozie

You can’t do any of those things with your securities either..


56 posted on 01/13/2026 8:56:14 PM PST by A strike (ICE ICE Baby)
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To: delta7

“Important to note the Hunts used mostly paper future contracts. “

Again, Socrates is putting out false information either because it is worthless or is trying to throw us a curve ball.

They bought massive amounts of actual silver, accumulating two-thirds of the privately held silver.

Most often they took delivery of silver when their futures contracts matured.


57 posted on 01/14/2026 10:17:01 AM PST by TexasGator ('Y)
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