Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Crash
>
Reply to Thread
Message:
<p>[QUOTE="smokeriderdon, post: 1163090, member: 29602"]Yakpoo, OK, gotcha. But I definately do not aggree. We shall see though. I could be the wrong one.</p><p> </p><p>As for the gold thing. That was the stated reason for doing it. And it was<span style="color: red"> edited</span>. They needed a reason to devalue gold and take paper money off of gold standard. You cant manipulate the value of the dollar as easily if it is locked into the value of a precious metal. You have to go to great lengths to devalue that metal to be able to manipulate the paper value.</p><p> </p><p>And look at was has been done to the dollar in the last 50 years. It has been manipulated and devalued to the brink of Zimbabwe money. I dont think it will actually get to that point, but its closer than it needs to be.</p><p> </p><p>Anyway, the devaluation of gold and silver was able to hold and continue so long as <span style="color: red">edited </span>didnt wreck our economy. But when you have one idiot spend his butt off for 2 wars and lots of other crap and follow that with the aforementioned<span style="color: red"> Edited</span> you have the climb we see now.</p><p> ting to the</p><p>The price of those snickers bars WILL be going up BTW. All food prices are. <span style="color: red">edited</span> That aside, PMs are now get level they should have been at. Think about it. To use the snickers again...</p><p> </p><p>A snickers bar in 1980 cost a lot less than a buck. More like a quarter. That snickers bar was at a buck just before PMs went up. What percent increase was that for the snickers bar? now, what percent did silver increase in that time?Again, NO HUNT BROTHERS. The percentage is a lot lower. Sooooo, you think the value of a snickers bar should increase more than the value of silver? No way.</p><p><br /></p><p><span style="color: red">If you haven't read the posting rules, please do so. Carefully. Thanks ~ Jim</span>[/QUOTE]</p><p><br /></p>
[QUOTE="smokeriderdon, post: 1163090, member: 29602"]Yakpoo, OK, gotcha. But I definately do not aggree. We shall see though. I could be the wrong one. As for the gold thing. That was the stated reason for doing it. And it was[COLOR=red] edited[/COLOR]. They needed a reason to devalue gold and take paper money off of gold standard. You cant manipulate the value of the dollar as easily if it is locked into the value of a precious metal. You have to go to great lengths to devalue that metal to be able to manipulate the paper value. And look at was has been done to the dollar in the last 50 years. It has been manipulated and devalued to the brink of Zimbabwe money. I dont think it will actually get to that point, but its closer than it needs to be. Anyway, the devaluation of gold and silver was able to hold and continue so long as [COLOR=red]edited [/COLOR]didnt wreck our economy. But when you have one idiot spend his butt off for 2 wars and lots of other crap and follow that with the aforementioned[COLOR=red] Edited[/COLOR] you have the climb we see now. ting to the The price of those snickers bars WILL be going up BTW. All food prices are. [COLOR=red]edited[/COLOR] That aside, PMs are now get level they should have been at. Think about it. To use the snickers again... A snickers bar in 1980 cost a lot less than a buck. More like a quarter. That snickers bar was at a buck just before PMs went up. What percent increase was that for the snickers bar? now, what percent did silver increase in that time?Again, NO HUNT BROTHERS. The percentage is a lot lower. Sooooo, you think the value of a snickers bar should increase more than the value of silver? No way. [COLOR=red]If you haven't read the posting rules, please do so. Carefully. Thanks ~ Jim[/COLOR][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Crash
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...