Ahhhh, a win-win situation. The martyrs get what they want and we get what we want: them dead.
Posted on 06/28/2002 3:00:46 PM PDT by Lazamataz
Well, 'the new spoosman' and many like him have told me for months that the 'fiat' currency is worthless, and gold is the only valuable currency out there. Disregarding for a second the fact that these gold bugs are so ready to part with their gold for those 'worthless fiat notes', I would like to point out that since the height of their caterwalling, Jun 01 2002, gold is down from 326$ an ounce to 314$ an ounce today. That is a 4 percent drop in less than a month.
The 'fiat currency' people are out to lunch. I don't expect gold to do any better than index with inflation in the long run, and today managed to show a savage loss of $5 an ounce.
That's funny. Keep fighting the good fight!
The fire department tests their equipment all the time. They're not afraid to.
Gold is exchanged every day also.
Great minds think alike! <;>)
Ahhhh, a win-win situation. The martyrs get what they want and we get what we want: them dead.
The average American probably owns a pound or more of gold jewelry. It will be offered at once, en masse, by the public at large for the first bowl of rice in a famine, if Dollars are somehow no longer valid.
Those pounds and pounds of gold jewelry will put gold very low on the list of "rare" commodities that people with valuables (e.g. food, water, guns, ammo, shelter, transportation, fuel, and clothing) will be interested in weighing themselves down with or trading for.
People such as yourself will be begging those of us with food, water, guns, ammo, and transportion to trade some of what we have for the worthless yellow metal that you have hoarded.
Don't count on finding many takers.
To farmers for food? Go try it.
There will be no famine. Like I said, we have the grain, it will be a matter of who can pay and get on with their lives and who has to beg and be in servitude.
Those pounds and pounds of gold jewelry will put gold very low on the list of "rare" commodities that people with valuables (e.g. food, water, guns, ammo, shelter, transportation, fuel, and clothing) will be interested in weighing themselves down with or trading for.
That has never happened before in these kinds of crises and it won't happen the next time. People want something valuable and something they can carry. Gold will be it. People won't forget how to drive or sail boats, a car can go across the country in one day. Who will have the ability to buy gasoline to get to a more stable area? Gold owners.
People such as yourself will be begging those of us with food, water, guns, ammo, and transportion to trade some of what we have for the worthless yellow metal that you have hoarded.
So tell me, how much food and gasoline do you have stored at this moment? If you don't have much of these items and no gold to boot, you'll be the one stuck where you are and begging the closest farmer you can find.
Don't count on finding many takers.
Don't count on any takers for a hyperinflated dollar.
Gold is for an emergency when dollars won't do.
The pawn shops will be overflowing.
But as long as we're on the subject of prophesy, try this one on for size:
"Alas, alas, that great city Babylon, that mighty city! For in one hour your judgment has come.'"And the merchants of the earth will weep and mourn over her, for no one buys their merchandise anymore:
merchandise of gold and silver, precious stones and pearls, fine linen and purple, silk and scarlet, every kind of citron wood, every kind of object of ivory, every kind of object of most precious wood, bronze, iron, and marble;
and cinnamon and incense, fragrant oil and frankincense, wine and oil, fine flour and wheat, cattle and sheep, horses and chariots, and bodies and souls of men.
The fruit that your soul longed for has gone from you, and all the things which are rich and splendid have gone from you, and you shall find them no more at all...
For in one hour such great riches came to nothing.'...
and (they) cried out when they saw the smoke of her burning, saying, "What is like this great city?'
"They threw dust on their heads and cried out, weeping and wailing, and saying, "Alas, alas, that great city, in which all who had ships on the sea became rich by her wealth! For in one hour she is made desolate.'
"Rejoice over her, O heaven, and you holy apostles and prophets, for God has avenged you on her!"
............Revelation 18
In the end, all this will count for nothing anyhow. But then, we are talking about the interim here, are we not?
I live in rural Alabama. I grow my own food and have a decent amount of essentials stored, including gasoline. If people are starving, there is just no way that I'd trade what I have for your ugly yellow metal.
Moreover, what you clearly haven't grasped is that there is an enormous amount of gold that is out of circulation in jewelry and industrial products. Any crisis that destroys the Dollar would find all of that gold back on the market in an attempt to trade it for things that are life-supporting (e.g. food, water, shelter, guns).
Gold isn't rare. Everyone owns some. Any fool who offered to trade something of value for gold in that sort of crisis would be FLOODED with have-nots bringing in their gold jewelry to trade for food or whatever because people can't eat gold so they are certainly willing to dump it off on whomever would take it in trade.
Peoplewill exchange their gold and silver directly to the people who have whatthey need, not pawn shop owners. Pawn shops are for times of stability. There won't be order for a few months.
People will exchange their gold and silver directly to the people who have what they need, not pawn shop owners. Pawn shops are for times of stability. There won't be order for a few months.
Land.
Americans who have never used Krugerrands or gold bars for trade and who have no means to authenticate or test them will suddenly want to trade lifes necessities away? You're dreaming.
You would be better off with a bag of Eisenhower dollars or cartons of cigarettes.
Nope.
not pawn shop owners.
After a while, even the pawn shops wouldn't want any more.
Don't buy it if you could. The major churches will be part of the one-world religion and will have strife. Clinton was just the beginning, everything is getting more and more fake.
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