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The Price of Gold: Does It Matter?

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Wade Hampton III

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Re: The Price of Gold: Does It Matter?

PostTue Aug 21, 2018 1:49 am

"'It's too late?' Not hardly! The fun has just begun! (or how low can they go
before the rubber hits the road)"

There are two things Jews hate...

The truth...

Precious metals...

If you are on this site, then you understand the nature of truth. However
as for the second, that remains an open question.

Here is something that may perk your interest...

Bill Holter: If They Push The Paper Price Of Silver Down To $9 You’ll
Still Be Paying $15 Per Ounce...
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Silver-Gurl!
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https://www.silverdoctors.com/silver/si ... per-ounce/
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Wade Hampton III

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Re: The Price of Gold: Does It Matter?

PostSun Sep 16, 2018 11:08 pm

Where it came from. The formation of precious metals...they are indeed precious...
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Out There & Down Here
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https://www.youtube.com/watch?v=-iaviqwMfJ0

https://www.youtube.com/watch?v=jf_4z4AKwJg
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Wade Hampton III

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Re: The Price of Gold: Does It Matter?

PostSat Sep 22, 2018 4:18 am

Why gold? There are five core reasons gold is valuable.

First, it’s chemical properties are ideally suited for use as money and a
store of value. For example, it doesn’t rust or tarnish, doesn’t need feeding
or fertilizer, and is rare.

Second, it is one of the most attractive elements to the human eye. An
Egyptian Pharaoh thought it was just as beautiful and desirable as a
bride does today.

Third, its purchasing power has lasted literally throughout the decades.
During the time of Christ, an ounce of gold would buy a Roman citizen his
toga (suit), a leather belt, and a pair of sandals. Today, one ounce will
still buy a good suit, a leather belt, and a pair of shoes. Fourth, gold
has no counter-party risk. It doesn’t require the backing of any bank,
government, or brokerage firm. And it’s never been defaulted on or gone
to zero.

Last, gold has financial advantages that most any other asset can’t
deliver. For example, it’s liquid, portable, divisible, durable, consistent,
value dense, and is one of the last forms of money that can be entirely
confidential.
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The Luster of Gold!
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Sturmvogel_792

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Re: The Price of Gold: Does It Matter?

PostSun Sep 23, 2018 12:58 pm

I'm asking a small question there : if someone were to invest in something that will have value at all times, in case of a socio-economic catastrophe, would it be wiser to invest in gold or something else? Gold is nice, but it might be hard to carry and hide depending on where you live. I've thought about investing in real estate (maybe because my job required me to compile, crunch and sum up 120 articles like this last week) because you can always either flee there or rent it out for money, but would it be smart? Or could you recommend something that would be lighter/more compact than gold and closer to you/more stable in case of crisis than real estate? Thanks!
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White Man 1

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Re: The Price of Gold: Does It Matter?

PostSun Sep 23, 2018 2:05 pm

Sturmvogel_792 wrote:I'm asking a small question there : if someone were to invest in something that will have value at all times, in case of a socio-economic catastrophe, would it be wiser to invest in gold or something else? Gold is nice, but it might be hard to carry and hide depending on where you live. I've thought about investing in real estate (maybe because my job required me to compile, crunch and sum up 120 articles like this last week) because you can always either flee there or rent it out for money, but would it be smart? Or could you recommend something that would be lighter/more compact than gold and closer to you/more stable in case of crisis than real estate? Thanks!


In case of another recession or depression? Gold could be the right answer. Real estate is also a good one.

In the case of total collapse though, the only thing you should be investing in is weapons and ammunition.
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Jim Mathias

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Re: The Price of Gold: Does It Matter?

PostMon Sep 24, 2018 1:41 am

White Man 1 wrote:
Sturmvogel_792 wrote:I'm asking a small question there : if someone were to invest in something that will have value at all times, in case of a socio-economic catastrophe, would it be wiser to invest in gold or something else? Gold is nice, but it might be hard to carry and hide depending on where you live. I've thought about investing in real estate (maybe because my job required me to compile, crunch and sum up 120 articles like this last week) because you can always either flee there or rent it out for money, but would it be smart? Or could you recommend something that would be lighter/more compact than gold and closer to you/more stable in case of crisis than real estate? Thanks!


In case of another recession or depression? Gold could be the right answer. Real estate is also a good one.

In the case of total collapse though, the only thing you should be investing in is weapons and ammunition.
In addition to what you said, an investment in having a family you can grow in a predominately White area (outside the cities, preferably) appeals to me. Also investing in racially conscious and sound-of-character friends nearby by having educational materials on hand wouldn't hurt either.
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Wade Hampton III

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Re: The Price of Gold: Does It Matter?

PostMon Oct 08, 2018 2:35 am

Andy Snyder posted...

History tells a tantalizing tale.....

The first time the United States officially went off the gold standard
was during the Civil War. With a nation divided and much of its money
behind enemy (Confederate) lines, Washington needed a fresh way to fund
its fight. There wasn't enough gold to get the job done, so it made its
own money. Dubbed "greenbacks" (yes, that's where the modern term comes
from), Congress gave the nod to print more than $450 million worth of
cash - more than 20 times the amount of gold in circulation at the time.

We find it ironic that the early ancestor of Big Gov pulled money out
of thin air to fight a war that hinged on the role of Big Gov. History
shows that anytime a nation has two competing forms of money... the
markets will turn perverse and corrupt. Unless the two are tied together
... somebody is going to take advantage of the situation.

Golden Friendships...

In the days following the Civil War, that person was Jay Gould, a
railroad pioneer and ruthless financier. Gould rightly figured with
so much fake money falling off Washington's printers and with so
little gold to go around that he and his pals could corner the gold
market. He came up with a plan that would make any modern (Jew)
Swamp Dweller bristle with pride. It involved lovers... bureaucrats
... war generals... and even the president himself. Folks were
bribed. They were lied to. And others were just plain bamboozled.

But the scheme worked. ......

At one point, Gould and his partner owned a combined $60 million in
gold - three times the public supply. They were rich... until they
weren't. When President Grant learned he was duped, he ordered his
government to flood the market with gold and send prices plummeting.
What's now dubbed "Black Friday" was one of the most painful days
in the nation's economic history. Gold fell by more than 15%...
stocks plunged by 20%... and farmers saw the value of their harvests
instantly slashed in half. "Possibly no avalanche ever swept with
more terrible violence," wrote one New York newspaper. It's all
because of a couple greedy men taking advantage of a greedy government
and its paper money.
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But the story doesn't end there....
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Wade Hampton III

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Re: The Price of Gold: Does It Matter?

PostFri Nov 09, 2018 4:33 am

Jim Rickards posted...

Most of the attention regarding the decline of the U.S. dollar as a global
reserve currency has been focused on Russia and China and their vast
accumulations of gold. Neither the Russian ruble nor the Chinese yuan is
ready to perform a reserve currency role due to the lack of rule of law
and absence of a mature government bond market. Still, their gold could
be combined with a new encrypted digital SDR-linked instrument, which
would serve as a unit of account in direct trade among a club of countries
that might include Russia, China, India, Turkey, Iran and many others.
This article is a clear sign that such improvised and voluntary arrangements
are emerging even without a new Bretton Woods-style conference. Russia
and India have agreed to begin trading with India buying Russian weapons
systems and paying for them in Russian rubles. India might have accumulated
the rubles from prior sales to Russia, or Russian banks might lend them
rubles to facilitate the arms purchase. Either way, there are no dollars
involved. Once trading relationships like this get started, they tend to
grow and reinforce themselves as the two nations look for ways to invest
or spend the ruble balances. This deal by itself does not mean the end of
the dollar. But it is a straw in the wind of emerging markets finding new
ways to trade with and finance each other without being subject to dollar
hegemony. Western investors can get ahead of these trends by diversifying
some dollar balances into gold, which has always been money and good
everywhere in the world.
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Wade Hampton III

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Re: The Price of Gold: Does It Matter?

PostMon Nov 12, 2018 2:47 am

Jim Watkins posts... I am a dual US and Canadian citizen and happy
to be so, both ways, wants to know...

Why does the USofA have such large gold reserves?

See the following historical chart of the US gold reserves.
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Conspiracy Theory - Is It Still There?
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The US gold reserve hasn't changed since 1971 or 1972. It is less than half of
what it was between the end of the (1st) Great Depression and the Kennedy
Administration.

From the late 1800s it grew substantially as the USofA economy grew. Some would say
that the current reserves are a reflection of both the strength of the USofA economy
and the reduced importance that gold has as a support for currencies in general.
The fact that the USofA has the largest reserves in the world should not be that
surprising as it has, by far, the largest economy (so far) in the world.
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