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The constantly repeated story about gold is that it bought a toga in ancient Rome, and it buys a nice suit today. I don't see any issue with...
OK you guys you've convinced me. I apologize for my misguided assertions. Any time the truth is propagated is a good thing in my book. Still, it...
Do you have any reason for thinking that the hour is late in this party other than that there have been substantial gains? Bonds are in a 30 year...
My most affordable LCS also sells fractional gold at 5% over spot, but as sodude said you can often get these closer to spot by dealing with...
ctrl, if you substitute the word 'except' for the word 'but' it makes more sense what some of us are getting at. Regarding: "No State shall...
Nothing lasts forever, including this PM bull market, but as I've stated before this has everything to do with interest rates and money supply....
The reason it prohibits them from doing so, even though not explicitly, is because of the 10th Amendment. "The powers not delegated to the...
I was not aware of that particular clause, how open to interpretation. :) Well, I think one could make a case that it has not been good for...
You are correct about the Constitution does not say only gold and silver can be money. I did not translate it exactly right. However, the...
I look at it as that the burden of proof is on the system that has not proven itself to be successful. De facto reality doesn't make it superior....
What the Constitution states is this: "No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts" Which means that...
This concept of negative interest rates was covered on ZH today with the unanimous proposal of the Stupor Committee to implement negative yield...
Nothing you've said here is anything I would disagree with, but it doesn't negate what I previously stated either about how to determine whether...
I think the burden of proof is on fiat currency which has never had an implementation that did not fail other than the ongoing current one which...
Whether keeping money in the bank or spreading it around among a blind basket, chances of keeping up with inflation in today's environment of zero...
I'm not sure that the use of gold and silver as money would impact the price in and of itself, but the idea that this could happen being prevalent...
Let's call it InfleXion's Law then ;P I'll be the gold to Gresham's dollar. Besides it's just too good of a slogan not to use. It's like the good...
I am on a different page than both of you. Dollars used to be denominated in gold, not the other way around like it is today. A 10% move in gold...
The US Constitution is clear that only gold and silver are money, but they can be commodities too. Everything is priced in something else...
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