Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
gold isn't backed by anything . . .
>
Reply to Thread
Message:
<p>[QUOTE="judgea, post: 1995818, member: 72280"]Did anyone else see the viral video of some MSM anchorwoman telling viewers that the reason gold prices declined was due to suspicions that it "wasn't backed by anything."</p><p><br /></p><p>If you have, your reaction was probably like mine, "You've got to be sh*tting me."</p><p><br /></p><p>Is the public perception so pathetically naive? I would like to think not.</p><p><br /></p><p>It gets better though: She goes on to say that people were investing heavily in treasuries because the dollar is backed by the American government and, by proxy, the American industry and by golly the American people themselves.</p><p><br /></p><p>I've got news for her, the American people are backing gold. Maybe no $1900 worth . . . yet. But they've backed the price right up a mountain, and it may turn out to be more of a plateau than she, or the government stooges who paid her, would like to admit.</p><p><br /></p><p>In fact, the American people may eventually back gold so much that they return it to its rightful status as the basis for our paper currency.</p><p><br /></p><p>Seriously, are they so scared of the shift in popular opinion that they are going to resort to nonesense like that?[/QUOTE]</p><p><br /></p>
[QUOTE="judgea, post: 1995818, member: 72280"]Did anyone else see the viral video of some MSM anchorwoman telling viewers that the reason gold prices declined was due to suspicions that it "wasn't backed by anything." If you have, your reaction was probably like mine, "You've got to be sh*tting me." Is the public perception so pathetically naive? I would like to think not. It gets better though: She goes on to say that people were investing heavily in treasuries because the dollar is backed by the American government and, by proxy, the American industry and by golly the American people themselves. I've got news for her, the American people are backing gold. Maybe no $1900 worth . . . yet. But they've backed the price right up a mountain, and it may turn out to be more of a plateau than she, or the government stooges who paid her, would like to admit. In fact, the American people may eventually back gold so much that they return it to its rightful status as the basis for our paper currency. Seriously, are they so scared of the shift in popular opinion that they are going to resort to nonesense like that?[/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
>
gold isn't backed by anything . . .
>
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...