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Thread: ? stocks, bonds, gold all down same time?

  1. #21
    Join Date
    Apr 2016
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    4,820

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    Historically...when governments get into an Economic pinch...they will try to force their bad money on the people...

    Those who have gold and silver or anything else which will function as a money or smooth a barter system ….towards functioning as a storehouse of value...will be outlawed.

    Somewhere at the French Revolution ...the government tried to force on the people the worthless French Government Assignats....paper notes..

    https://en.wikipedia.org/wiki/Assignat


    People who managed to hang onto them in gold kept the older Louie coin and had no problem doing business....


    So the Encyclopedias...the French Government ….intellectuals did the logical reasonable...thing...they outlawed the Louie..gold coin.


    Bewarned….the coming digital currency....and the intellectuals..


    Ishmaelites run wild....


    My non Ishmaelite .02,
    Orangetom

  2. #22
    Join Date
    Jun 2013
    Location
    AZ
    Posts
    1,675

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    The spot price of gold and silver that we all see is now detached from the prices of physical gold and silver. The spot price of silver now is about $14.50 while a one ounce silver eagle is about $25. No way you will be able to buy gold and silver for close to spot price.

  3. #23
    Join Date
    Apr 2016
    Posts
    4,820

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    the spot price means little if you cannot get it near that price plus commission.

    The actual price is always what it takes to get it ...not the figures often quoted...

    What it actually takes to get any commodity.

    Also ...a price means nothing if you cannot get a commodity..if it is not to be found in the marketplace.


    My non Ishmaelite .02,
    Orangetom

  4. #24
    Join Date
    May 2011
    Posts
    5,134

    Default

    The price of ammo is about 10 times what it should be too. Thank you Obammy, ammo was cheap back then .

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