No. You don't win arguments by extracting a couple of words out of context then responding to it as if the context didn't exist. I also didn't...
You must not have noticed their consumption figures include paper gold. That is the gold leveraged in ETFs. There was a 50% drop in people...
Central Banks don't buy and sell on the retail market UNLESS they want to affect the POG and they always do it by proxy. Otherwise, gold swaps,...
Of course it doesn't. The Federal Reserve act that you are citing was written in 1914 and FT. Knox and the gold in it didn't exist then. You...
Actually, I agree with you 100% on the education of people about money. They have "faith" in the dollar because they believe that somehow the...
This is because interest rates (prime rate) in 1980 hit 20% and someone could simply put their money in an ordinary insured savings account and...
Fair enough. Then what you are saying is that you have faith in the Federal Reserve notes because are able to buy things with it. Or rather,...
I recommend that you re-read my post as you obviously didn't get it. I clearly said that Federal Reserve Notes are not redeemable for gold and...
The premium you pay for 1/10th ounce/gold covers the extra liquidity you get with these coins. You get it back when you sell or use the coin in...
When the average Joe starts buying gold instead of selling it at the Cash4Gold places, then you will know the endgame is here. Admittedly I do...
The popular rumor doesn't involve plating tungsten bars. Supposedly the counterfeit bars are produced by casting a bar that has a core of...
If the gold wasn't there, then immediately the Federal Reserve would be found to have an invalid balance sheet because the gold certificates that...
The discussion I was responding to was started by TwinTurbo. I recommend you re-read it as the rest of it as the rest of what you posted doesn't...
The Federal Reserve has the biggest single depository of gold in the world. It's more gold than what's stored in Ft. Knox. Yet there is no need...
Ebay is for sellers looking to auction off silver to the highest bidder and it takes several days for an auction to expire. The discussion is...
Nevertheless, I stand by what twinturbo said on why it makes business sense to buy silver in a down market. My only regret is we apparently can't...
I didn't see anything on that link but another topic. Sorry, I'm not going to research the argument for you if you can't make it yourself.
Opinions and unverifiable anecdotes are not counters to a sound business argument. Backing the case by saying "Anyone who has been around the...
The Federal Reserve did not take possession of the physical gold. Instead they were given gold certificates that are backed by that gold. Those...
According to the US Treasury and the US Office of Accountability, there has been no manual count of the bars in Ft Knox in decades. This is the...
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