If you don't Silver Stack you will be left behind

No, $400/Troy oz.

 

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I better pick up a few pounds before the price goes to the moon. Seriously, how did you even find that stuff? Is it a substitute for platinum in catalytic processes?

 

You can't be this dense, can you? I am speaking out of one side - the "dollar is real legal money and gold is not" side. No change. Not now, not ever. What gives the U.S. Dollar value is a claim on 1/GDP (fraction) of the U.S. economy. In other words, it is backed by what it was or can be spent on. As GDP rises, even ethereal goods like software count as part of GDP, the money supply HAS TO rise or deflation happens, aka a liquidity shortage/crisis/collapse. See 2008, approx. August. Then the money supply was literally disappearing due to a liquidity freeze. The velocity of money, M2V, has not only not recovered, it continues to decline to this day!!!!

Gold, on the other hand, gives you a claim on... , well..., umm, considerable wear on your pocket seams? If nobody HAS DOLLARS to give you for your gold, you have a paperweight.

There is NO inflation danger, period! None whatsoever. Deflation is, as Stockman wrote, a very clear and very present danger.

 

OK, we can agree on that

 

This will blow your retro-nostalgic mind. Osmium is used as the material for the nib of fabulously carefully crafted and expensive fountain pens, like the Mont Blanc line. It is hard, much harder than gold or even .999 silver, but tends to be a bit brittle. Imagine - dense as all get out but brittle. Hmm. Don't drop a lump, eh?

"Man, dude broke my osmium lump." Betcha never read that sentence anywhere before.

 

I would seal them in acrylic as they are an extreme oxidizer when made dust size, such as from scratching or rubbing, resulting osmium tetroxide is very toxic. Back in the 60's I used it in Electron microscopy as a "radiological stain" due to its density. No one knew how scary it might be until damage became apparent due to blindness or kidney failure in researchers who had used it long term.

 

Thank you.

Hey the wooden desk that used to protect me from Ivan's nukes had a hole in it for an ink bottle.

Speaking of the cold war, seems like it would be good for armour piercing weapons?

 

Not if it is brittle.

 

Digital stutter.

 

Sorry, off and on wifi.

 

Right. Central banks hold gold as an asset on their balance sheets but it has nothing to do with money. That makes perfect sense in the world of parasites, I guess?

 

Do you really think 170-180 Billion Dollars in Gold is relevant in a 17 Trillion Dollar economy?????
Just a drop in the bucket.

 

Considering the banks are probably now at a 100:1 leverage ratio, that actually sounds accurate.

 

Barclays reports their leverage ratio at 2.1-5.8% depending on the calculation inclusions.
http://www.ft.com/cms/s/0/0460d1f4-8b0b-11e2-8fcf-00144feabdc0.html#axzz3uAzi8jMk
BofA says that although they haven't officially reported will be about 3%.
US banks have not had to report as specifically as GB and Eurobanks do, but It isn't as high as you mention by far.

 

Careful there 'gem. Don't want to rile up a committed goldbug with facts now, do you? They don't respond well to facts; they merely deny them and return to their mantra chant "Oooooh. Shiiiiny." All the while fondling the DVD case of some Old West type movie. That's their real deal. They're upset they missed the 1880's in the Pecos River valley.

 

Wow, gone for a few days, and I miss all the good stuff~!!

 

Right, and I'm sure they're reporting that correctly and all the i's are dotted and t's are crossed.

 

I guess that is why I should trust those honest bullion blogs and newsletters or conspiracy websites with their "documented" facts

 

Sorry, it's only 49:1 at most. That's a lot better, you're right. Nothing to see here folks.

 

God you are a sophist