To: Publius
Even if that is true, why keep doing it. Thats like buying silver at $80 and selling it at $35 continuously. You know you will keep losing, so why keep doing it. Its better to simply default and pay less
25 posted on
03/06/2011 6:56:21 PM PST by
4rcane
To: 4rcane
This is about protecting the US dollar, a currency debauched by the nation's politicians because of the debauched appetites of the nation's populace. The day that gold and silver go into default is the day the price suppression scheme unravels. And that will be the day that bonds crash, the dollar crashes and interest rates go to 1980 levels and beyond.
It's not a day to hope for. Once gold and silver go to price levels that are not tampered with by central banks, their values will rise to levels unthinkable today. And that is the day the drumbeat will begin for confiscation.
34 posted on
03/06/2011 7:01:25 PM PST by
Publius
To: 4rcane
They are being paid as if the silver is worth $80, but they are being paid in dollars, not silver.
They are being paid extra NOT to take the real silver.
Does this help?
35 posted on
03/06/2011 7:02:43 PM PST by
TruthConquers
( Delendae sunt publicae scholae)
To: 4rcane
Even if that is true, why keep doing it. Thats like buying silver at $80 and selling it at $35 continuously. You know you will keep losing, so why keep doing it. Its better to simply default and pay less Unless your losses are taken care of by several hundred billion "missing" TARP/Stimulus dollars.
69 posted on
03/06/2011 7:29:51 PM PST by
Dr. Sheldon Cooper
(The truth can indeed be a finger-down-the-throat for those unprepared to hear it.)
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