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<p>[QUOTE="jolumoga, post: 1632753, member: 41780"]First, let me add that my comment about not being able to eat silver being a "fluoridated-brain argument" may have been a little rough, and it wasn't intended as a personal attack on anyone. We can say that you can't eat paper money either, yet the whole world kills and dies for it, in starving nations or otherwise. I just think people are confusing the medium of exchange with the items exchanged, or are oversimplifying the relationship to the point of absurdity.</p><p><br /></p><p>Second, I suspect some people have become cynical about gold and silver being money because the Federal Reserve and other central banks have engaged in unprecedented financial engineering in modern times, and have thus truly distorted the value of gold and silver. So in that sense the skeptics about gold and silver as money are correct, because they have been correct for several decades. What I argue, and what I believe others such as myself argue, is that the suppression of gold and silver is nearing an end, because the central banks really are powerless to manipulate these prices for too long. Given that the manipulation has occurred for several decades, the skepticism is somewhat justified, though.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1632753, member: 41780"]First, let me add that my comment about not being able to eat silver being a "fluoridated-brain argument" may have been a little rough, and it wasn't intended as a personal attack on anyone. We can say that you can't eat paper money either, yet the whole world kills and dies for it, in starving nations or otherwise. I just think people are confusing the medium of exchange with the items exchanged, or are oversimplifying the relationship to the point of absurdity. Second, I suspect some people have become cynical about gold and silver being money because the Federal Reserve and other central banks have engaged in unprecedented financial engineering in modern times, and have thus truly distorted the value of gold and silver. So in that sense the skeptics about gold and silver as money are correct, because they have been correct for several decades. What I argue, and what I believe others such as myself argue, is that the suppression of gold and silver is nearing an end, because the central banks really are powerless to manipulate these prices for too long. Given that the manipulation has occurred for several decades, the skepticism is somewhat justified, though.[/QUOTE]
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