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Old 05-16-2010, 07:58 AM   #41
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We ignorant masses have feelings, you know.
And we prefer to be known as the lumpen proletariat of cyberspace in any event.
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Old 05-16-2010, 08:02 AM   #42
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Sounds like he has his own site and is coming to troll for people to visit...

I wonder who will go there an check it out... but, at least I have not seen a posting of what it is...
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Old 05-16-2010, 08:05 AM   #43
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To answer your question as to why you haven't seen people hyperventilating here over inflation, is because the folks making your argument since 2007 have been dead wrong. (I know, not wrong, just early )



And if you want to get on a rant about how CPI is garbage, please provide some supporting evidence first (not opinions) . . . it's simple enough to compare the prices of a basket of real items at various points in time with CPI. You can start with prices from an independent source like this newspaper.
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Old 05-16-2010, 08:12 AM   #44
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To the OP...

You sound like a crazy man... that is why you have received the reception you have...

Saying the Supreme Court is a puppet... of who You are not the kind that think there is a cabal of people who meet in secret and run the world

I will be pounding my head against a wall with the way you think...

But hey... why not....

As someone pointed out... money is a store of value... gold is a store of value... either of them can be changed with something that is not in your control. Right now, the value of the dollar is being challenged by the amount of spending going on... this is a real concern... but you can put your money in almost anything that others would seem to think has value..

The value of gold could be reduced IF someone found a place where this is 1 billion tons of it.... the supply would be so huge the value would drop...

And lets say we are in the middle of the desert and you have gold and I have water.... what is more valuable then

The point is, the value of anything is in relation to something else... nothing is 'pure'...

BTW, I used to have a friend who would always say the same things you have.. I got tired of it and we have not seen each other for 25 years... since he was saying this 25 years ago... nothing major has changed...

One of the things he also used to say which we have not yet been graced from you is the illegal income tax.... let me know if it is legal or not... I really want to know...
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Old 05-16-2010, 08:55 AM   #45
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Quote:
Originally Posted by endthefed View Post
Article 1, Section 10, Clause 1

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Maybe the part you should have highlighted is "No State shall . . . "

But then again, you'd think the title of Article 1, Section 10 "Powers Prohibited of States" should have been a give away.

Meanwhile, Article 1, Section 8 titled Powers of Congress gives Congress the power . . .
Quote:
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
This makes no mention of gold. And further, specifically gives Congress the ability to "regulate the Value" of money.
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Old 05-16-2010, 09:04 AM   #46
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yep, rabbit ears + acerbic first two (plus you) replies to my thread
You come in and start shouting at everyone like a sideshow barker with a rant on gold that is akin to trolling or spamming, and my reaction is acerbic?

C-ya.
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Old 05-16-2010, 09:46 AM   #47
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yep, rabbit ears + acerbic first two (plus you) replies to my thread
Check out the second definition of rabbit ears (for the sports minded) and calm down before the other Texans bring out the fire ants. Longtime lurkers know this is just kidding. You might think about starting over without your one-note topic. Good luck and good morning.
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Old 05-16-2010, 09:52 AM   #48
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With gold at $1200+ and silver at $12+ I wouldn't be buying any now. I am happy with my gold coins that I got at $300 and the silver at $4 bought a number of years ago. It was a kick going to the mine to get the silver bar!
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Old 05-16-2010, 02:03 PM   #49
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Originally Posted by Amethyst View Post
Oh wow. What a nice way to refer to my broken jewelry, class ring, Phi Beta Kappa key, etc.

You are clearly passionate about raising other people's consciousness about inflation. I'm on your side, as far as inflation dangers are concerned, and I wish I knew whether to sell my "trinkets" now, or see ifthe price goes up. I just don't appreciate being talked down to. We ignorant masses have feelings, you know.

Amethyst.
i have to admit, i stole that line from a fellow poster. i thought it was funny.

the point was comparing those gold meltdown sales to overall gold supply...drop in bucket
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Old 05-16-2010, 02:05 PM   #50
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Check out the second definition of rabbit ears (for the sports minded) and calm down before the other Texans bring out the fire ants. Longtime lurkers know this is just kidding. You might think about starting over without your one-note topic. Good luck and good morning.
i'm very familiar with the term. been using it since the 80's....played college baseball. i love it!
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Old 05-16-2010, 02:11 PM   #51
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Originally Posted by Leonidas View Post
You come in and start shouting at everyone like a sideshow barker with a rant on gold that is akin to trolling or spamming, and my reaction is acerbic?

C-ya.
i wasnt shouting. i was laying out my case for converting some federal reserve notes into hard money. it was actually hard to keep it that short!

holding dollars is a sure way to lose purchasing power over time. for dollars to do well the US needs to have deflation. that's been a 70+ year losing streak.

gold is the other side of that bet.

the most conservative play is to hold both.
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Old 05-16-2010, 02:16 PM   #52
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Originally Posted by Texas Proud View Post
To the OP...

You sound like a crazy man... that is why you have received the reception you have...

Saying the Supreme Court is a puppet... of who You are not the kind that think there is a cabal of people who meet in secret and run the world

I will be pounding my head against a wall with the way you think...

But hey... why not....

As someone pointed out... money is a store of value... gold is a store of value... either of them can be changed with something that is not in your control. Right now, the value of the dollar is being challenged by the amount of spending going on... this is a real concern... but you can put your money in almost anything that others would seem to think has value..

The value of gold could be reduced IF someone found a place where this is 1 billion tons of it.... the supply would be so huge the value would drop...

And lets say we are in the middle of the desert and you have gold and I have water.... what is more valuable then

The point is, the value of anything is in relation to something else... nothing is 'pure'...

BTW, I used to have a friend who would always say the same things you have.. I got tired of it and we have not seen each other for 25 years... since he was saying this 25 years ago... nothing major has changed...

One of the things he also used to say which we have not yet been graced from you is the illegal income tax.... let me know if it is legal or not... I really want to know...
you - As someone pointed out... money is a store of value...

are you saying that the federal reserve note is a store of value?

the supreme court is a puppet of corporate interests.
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Old 05-16-2010, 03:08 PM   #53
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...
I suggest you start using capitals as appropriate in your posting. I don't appreciate the insult. Don't tell me you don't know what it means or other excuses Nor do I wish to discuss it. I'll just add you to my ignore list if it is continued.

Gold may be in a bull market with its peak in 2020.
See the chart and audio file at the link below.
Observations for Sunday March 7 2010 Today's topics Advances my Gold T Theory with two charts, a link to historical data, and one Audio commentary. Click on the images for a larger sized chart.
Terry Laundry's T Theoryâ„¢ Observations: Gold T Theory

Gold is an investment like any other. It is not a panacea. TGLDX or GLD are ways to play it.
People in India, China, SEA etc have a history of individuals buying some gold because of inflation and political turmoil.
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Old 05-16-2010, 03:39 PM   #54
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This kinda reminds me of the MMND episode.
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Old 05-16-2010, 03:42 PM   #55
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In retrospect, it was obvious that the tech stock bubble was over and prices were about to plunge when my babysitter and the kid who mows the lawn started asking me about how they could participate in any new Tech IPOs I might know about.

Right now, I can buy and sell gold through the mail, at numerous storefronts and even at "tupperware" style gold parties at my neighbors house. There are infomercials on TV and radio. Now we have brand new posters starting their introductions by hawking gold. Is this the equivalent moment for gold? Time to sell and sit on the sidelines?
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Old 05-16-2010, 03:47 PM   #56
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This kinda reminds me of the MMND episode.
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Old 05-16-2010, 03:53 PM   #57
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In retrospect, it was obvious that the tech stock bubble was over and prices were about to plunge when my babysitter and the kid who mows the lawn started asking me about how they could participate in any new Tech IPOs I might know about.

Right now, I can buy and sell gold through the mail, at numerous storefronts and even at "tupperware" style gold parties at my neighbors house. There are infomercials on TV and radio. Now we have brand new posters starting their introductions by hawking gold. Is this the equivalent moment for gold? Time to sell and sit on the sidelines?

what everybody is missing is that gold is not going up. paper currencies are going down.

gold is just the first to react to the debasing of the paper money. other things will rise in price too - but for them to rise there has to be a restoration of velocity.

gold is the canary in the gold mine because of this the owners of the fed actively try to suppress the price. their price manipulation is running out of fuel - as physical gold cannot be printed.

if interested in the gold/silver suppression scheme check out GATA and a whistleblower named andrew maguire. there's a lot going on right now regarding this issue.
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Old 05-16-2010, 04:12 PM   #58
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what everybody is missing is that gold is not going up. paper currencies are going down.
I'm not falling, the earth is rising quickly?
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Old 05-16-2010, 04:16 PM   #59
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restoration of velocity
mysterious jargon
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Old 05-16-2010, 04:18 PM   #60
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mysterious jargon

let me translate -- money moving
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