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To: blam
Actually I don't believe metals ever rise or fall. It's currencies that rise and fall. We're all so programmed to think in terms of the almighty dollar that we can't think in any other terms - which is EXACTLY how the ruling class would have you think.

I suggest that you do some Googling on the phrase "DOW in gold dollars" ... it will help to break the spell.

6 posted on 04/19/2012 8:01:02 PM PDT by The Duke
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To: The Duke

—Actually I don’t believe metals ever rise or fall. It’s currencies that rise and fall.—

That is exactly how I see it.

I have a stack of 10 morgan silver dollars I like to use as a prop. I tell people that in 1922 they were worth $10. In 1955 they were worth $10. In 1972 they were worth $10.

Today they are worth $240.

They will buy the same thing they would have at all those other times. In 1972 I could buy three or four gallons of gas with one. Now I can buy six. But the dollar has really collapsed against them. I can buy 24 of them.


11 posted on 05/01/2012 10:25:12 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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