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15658222 No.15658222 [Reply] [Original]

All you are doing is converting your wealth from fraud worthless paper wealth into real savings and a real store of value. You don't buy gold at $1,500 and sell it at $3,000 because the entire point of buying gold is to have money and wealth for when the dollar implodes. Why would you sell at 3k for increasingly worthless fiat? You wait for gold to be re-valued overnight to anywhere between 20k-100k per ounce to purge all the debt from the system. And as little as 5 ounces of gold will "make it for you." But you say..."if I have 5 ounces of gold and it gets revalued to 40k/oz, then I have 200k which is hardly making it."

But what you dont realize is a gold re-valuation and collapse of the dollar will be followed by a deflationary collapse of all asset prices. So that 200k you have in gold would be similar to having 200k in the year 1970 when an avg home cost about $25,000.

And remember...with silver...a silver piece ths size of a silver dime used to be a days wage throughout history AND is even the case today in much of the world. When you hear a gook rice paddy farmer earning 2$ a day, that is actually in line with sane economic historical reality, since if that gook took that 2$ to a coin shop he could purchase a silver dime. Some asshole making 300$/day selling insurance is currently making the equivalent of 15 ounces of silver a day if he converted his daily pay into silver, which flies in the face of all historical economic reality and is only made possible because of inflation and the dollar being the world reserve currency. So effectively...1 ounce of silver will equal about 2 weeks worth of days wages post collapse since 14 silver dimes equals 1 ounce of silver.

>> No.15658235

"If the American people ever allow private banks to control the issue of their currency, FIRST BY INFLATION, THEN BY DEFLATION, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

>> No.15658422

>>15658222

I recognize your incessant pasta from le

>silver dime used to be a days wage throughout history

what the hell seriously? source

who the heck ever said that what kind of nonsense are you spouting

a silver dime used to be a days wage throughout history

read that ocer and over and if you don't see anything wrong you're just brainwashed to shill mindlessly

this reads like some automaton whiskered from the bark of a tree

>> No.15658479

>>15658222
>Why would you sell at 3k for increasingly worthless fiat?
to trade it for more gold retard

>> No.15658481

>>15658422
It isnt pasta. I write them out each time. Go to Warosu and enter in some of the text and youll see each one is different in wording.

>> No.15658553

>>15658481

The greenback.
Bretton Woods.

That quote from Jefferson is accurate.

But the wage of a days work was a silver coin doesn't make sense. Feudalism, serfs had to pay their share of grain. Futures stemmed from harvest. But silver? The origins of an IOU. In venice traders changed currencies from the trade of goods from benches because of the lack of a common currency.

saying a silver coin was a days work is bastardizing the toil and hard work of humanity, or as Churchill put it in times of war of blood sweat and tears to a fictional unit of measure that was far from always present as an unequivocally just and fair compensation to live or survive

>> No.15658622

>>15658235
2late4us

>>15658422
if you werent financially illiterate you'd know most of this

>> No.15658672

>>15658553
so fuck off and hoard bushels of grain you dumb hillbilly

>> No.15658942

More and more of some big names in the financial industry are claiming gold will go past 25K in terms of fiat valuation. They know the dollar is fucked and gold will once again be king.

>> No.15658951
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15658951

Oh no no no no

>> No.15658988
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15658988

>>15658951
so gold had a dollar value before its existence?

>> No.15659006

>>15658553
Churchill was a jew
How's the diversity of the Allied army going?

>> No.15659032

>>15658222
So true.
What these retard no-golfers done even realize is that the paper contract to production of gold/silver is 3x. All it takes is one big institution to say “gimme” and the whole thing starts a failure to deliver bank run.
This will happen someday. Maybe not in a year or two but it will happen.
They also seem to ignore the RICO INVESTIGATIONS GOING ON! The fraudsters are going down! I wonder if that means trump can seize all the physicals they’ve amassed....

>> No.15659122

>>15658951
saved

>> No.15659174

>>15659032
JPM/govt have tons of silver.

East has gold.

Revalue gold to 30k/oz with a deal in place to let the silver gold ratio go back to its historic ratio of 16 to 1 instead of the absurd 80 to 1 right now. Then you have a clean reset.

>> No.15659205

>>15659174
I wonder though....why does the debt clock show 6600gold/800 silver?

>> No.15659374

>>15659205
cuz thats what it should be at given how much fiat is out there.

>> No.15659530

>>15659374
Ah...the floor. A revalue to wipe debt would peg the dollar to $x.
What about the scenario where the debt is expunged from criminal banking activity? Why would we give anything at all to the cartel?