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<p>[QUOTE=&quot;fatima, post: 1356375, member: 22143&quot;]The central banking system doesn&#039;t need to steal money.&nbsp; Why would they need to do this when they can create it out of thin air?&nbsp;&nbsp; What they have to do is to get the people to accept this worthless creation as currency.&nbsp; They did this by legislation running from 1914 to 1971 where they removed an asset based currency and replaced it with a fiat (worthless) currency.&nbsp;&nbsp; </p><p><br /></p><p>Currency represents a claim on wealth and labor.&nbsp; Since the the currency is now worthless, then they can expand the supply of it at will, without regard to economic output, and in doing so, a portion of that wealth has been transferred from you to them.&nbsp;&nbsp; This transfer has been obfuscated as inflation and people have been convinced due to decades of this, to believe that inflation is a good thing.&nbsp;&nbsp; In comparison, an asset based currency requires the government/bank to possess the asset.&nbsp; They can&#039;t create gold and silver out of thin air and hence, when it&#039;s used as currency your wealth can&#039;t be stolen. </p><p><br /></p><p>People buy gold to protect themselves against this.&nbsp; The government started borrowing heavily starting in 2000 (when we were supposed to be pay off the debt) and the Fed began to lower interest rates to the point where they have fallen to unprecedented lows.&nbsp; like 0%.&nbsp; &nbsp; As a result, the price of gold has shot through the roof.&nbsp;&nbsp; The results speak for themselves.&nbsp; Believe your eyes.&nbsp; </p><p><br /></p><p>There are individuals who simply don&#039;t accept and believe this has happened.&nbsp; They don&#039;t trust their eyes and instead refer to those who point this out as some sort of doom-sayer.&nbsp; I&#039;ve said before that attacking the messenger, rather than address the message, really means the party has no logical argument to the contrary and must resort to said tactics.&nbsp;&nbsp; It really doesn&#039;t matter however.&nbsp;&nbsp; It means there is more opportunity to buy gold for those of us who understand this.&nbsp; </p><p><br /></p><p>The same may or may not hold true for silver buyers.&nbsp;&nbsp; The silver buyer will have to do their own research.[/QUOTE]</p><p><br /></p>

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