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blahblahblah
Participantif concho’s scenario comes true, goldminers will go through the roof.
Why? The currency is backed only by “special” gold. Use of “regular” gold as currency will be illegal as it is now. Demand for gold will probably be the same or less as today, unless some new industrial use is found for it. The VPPs probably already have all the gold they need for this plan stashed away somewhere. They might need a little more so that would be good for miners, but once the system is in place they really don’t need any more.
Also note that the price per ounce should be high enough that very few people will ever actually hold a hologrammed bullion coin in their hand. They will instead just use paper money as they do today. If the price/OZ was around $5000, probably 90% of the world’s population would never even be able to own a single coin. This will allow the VPPs to engage in the good old fashioned game of “pretending” that the currency is actually backed by gold since they know that few will ever actually exchange the paper for gold.
After you’ve been fleeced as many times as I have you start thinking like these sick bastards…
ParticipantGold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.
Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.
The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.
Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.
ParticipantGold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.
Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.
The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.
Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.
ParticipantGold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.
Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.
The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.
Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.
ParticipantGold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.
Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.
The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.
Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.
ParticipantGold will have it’s day in the sun because people will seek to grab on to anything as fiat dies, as the laws of physics demand. I expect at some point a massive global gold grab soom time soon.
Keep in mind that this may happen in such a way that you will still be screwed if you own gold. For example, let’s suppose that the VPPs propose a new gold-based monetary system. The gold units are hologram-marked bullion, impossible to counterfeit. The price of this new special gold currency is about $5000/oz. Paper money is issued and is redeemable in this special bullion. Those holding regular gold can not legally use it as a medium of exchange without first having it turned into the special hologram-marked form. The price to do this will be quite expensive, naturally, since the gold will have to be melted, assayed, molded, and marked with the hologram. The price of this process could be thousands per ounce or whatever the VPPs determine it should be, since they alone will control the machinery necessary to do this.
The beauty of this system is that as fiat money collapses due to manipulation by the VPPs, they can introduce a new gold-backed currency which will forever prevent such catastrophes from occurring again. Of course the secret is that only “special” gold backs the currency, and guess what only the VPPs will have it. If you own regular gold you can of course pay to have it converted, but at that point it can be inventoried, tracked and taxed of course. In practice this will be very similar to the gold confiscation that occurred under FDR. People were paid only a very low value for their gold which was then transferred to the government, which then sold it at much higher prices to pay off foreign debt.
Baaaaaaaah. Say it with me people. Baaaaaah. Feels good, doesn’t it? And being fleeced isn’t so bad, you feel all frisky when that extra wool is gone off your back.
Participantassets are just whatever we agree has value.
it can be very bad to be int he wrong asset class at the wrong time if it goes down for an extended time.
the us dollar may be the wrong asset class for a while.
Agreed. One thing that I have come to realize is that the value of all assets is controlled and manipulated by very powerful persons (VPPs). The VPPs will move prices in ways that suit them and they use these movements to fleece the sheep (the rest of us). A great deal (not all) of what we read on the internet, in a newspaper, or see on TV is designed to move the flock in the same way that dogs are used to move flocks of sheep. Fear is the most powerful motivator. Just as the herd moves in fear of the predator-that-is-not-an-actual-predator (the sheep dog), we all move in fear of the threat-that-is-not-actually-a-threat. In recent years this has been:
1) Losing your standard of living because you don’t own dot-com stocks
2) Losing your standard of living because you don’t own a house in Southern California
3) Dying from terrorismNow there are some new ones:
1) Losing your standard of living because the dollar is going to zero and you don’t own gold.
2) Dying from swine fluThe VPPs will do as they wish and will continue fleecing the flock. Gold might keep you safe for a while, but only if the VPPs allow it.
Good luck to all.
Participantassets are just whatever we agree has value.
it can be very bad to be int he wrong asset class at the wrong time if it goes down for an extended time.
the us dollar may be the wrong asset class for a while.
Agreed. One thing that I have come to realize is that the value of all assets is controlled and manipulated by very powerful persons (VPPs). The VPPs will move prices in ways that suit them and they use these movements to fleece the sheep (the rest of us). A great deal (not all) of what we read on the internet, in a newspaper, or see on TV is designed to move the flock in the same way that dogs are used to move flocks of sheep. Fear is the most powerful motivator. Just as the herd moves in fear of the predator-that-is-not-an-actual-predator (the sheep dog), we all move in fear of the threat-that-is-not-actually-a-threat. In recent years this has been:
1) Losing your standard of living because you don’t own dot-com stocks
2) Losing your standard of living because you don’t own a house in Southern California
3) Dying from terrorismNow there are some new ones:
1) Losing your standard of living because the dollar is going to zero and you don’t own gold.
2) Dying from swine fluThe VPPs will do as they wish and will continue fleecing the flock. Gold might keep you safe for a while, but only if the VPPs allow it.
Good luck to all.
Participantassets are just whatever we agree has value.
it can be very bad to be int he wrong asset class at the wrong time if it goes down for an extended time.
the us dollar may be the wrong asset class for a while.
Agreed. One thing that I have come to realize is that the value of all assets is controlled and manipulated by very powerful persons (VPPs). The VPPs will move prices in ways that suit them and they use these movements to fleece the sheep (the rest of us). A great deal (not all) of what we read on the internet, in a newspaper, or see on TV is designed to move the flock in the same way that dogs are used to move flocks of sheep. Fear is the most powerful motivator. Just as the herd moves in fear of the predator-that-is-not-an-actual-predator (the sheep dog), we all move in fear of the threat-that-is-not-actually-a-threat. In recent years this has been:
1) Losing your standard of living because you don’t own dot-com stocks
2) Losing your standard of living because you don’t own a house in Southern California
3) Dying from terrorismNow there are some new ones:
1) Losing your standard of living because the dollar is going to zero and you don’t own gold.
2) Dying from swine fluThe VPPs will do as they wish and will continue fleecing the flock. Gold might keep you safe for a while, but only if the VPPs allow it.
Good luck to all.
Participantassets are just whatever we agree has value.
it can be very bad to be int he wrong asset class at the wrong time if it goes down for an extended time.
the us dollar may be the wrong asset class for a while.
Agreed. One thing that I have come to realize is that the value of all assets is controlled and manipulated by very powerful persons (VPPs). The VPPs will move prices in ways that suit them and they use these movements to fleece the sheep (the rest of us). A great deal (not all) of what we read on the internet, in a newspaper, or see on TV is designed to move the flock in the same way that dogs are used to move flocks of sheep. Fear is the most powerful motivator. Just as the herd moves in fear of the predator-that-is-not-an-actual-predator (the sheep dog), we all move in fear of the threat-that-is-not-actually-a-threat. In recent years this has been:
1) Losing your standard of living because you don’t own dot-com stocks
2) Losing your standard of living because you don’t own a house in Southern California
3) Dying from terrorismNow there are some new ones:
1) Losing your standard of living because the dollar is going to zero and you don’t own gold.
2) Dying from swine fluThe VPPs will do as they wish and will continue fleecing the flock. Gold might keep you safe for a while, but only if the VPPs allow it.
Good luck to all.
Participantassets are just whatever we agree has value.
it can be very bad to be int he wrong asset class at the wrong time if it goes down for an extended time.
the us dollar may be the wrong asset class for a while.
Agreed. One thing that I have come to realize is that the value of all assets is controlled and manipulated by very powerful persons (VPPs). The VPPs will move prices in ways that suit them and they use these movements to fleece the sheep (the rest of us). A great deal (not all) of what we read on the internet, in a newspaper, or see on TV is designed to move the flock in the same way that dogs are used to move flocks of sheep. Fear is the most powerful motivator. Just as the herd moves in fear of the predator-that-is-not-an-actual-predator (the sheep dog), we all move in fear of the threat-that-is-not-actually-a-threat. In recent years this has been:
1) Losing your standard of living because you don’t own dot-com stocks
2) Losing your standard of living because you don’t own a house in Southern California
3) Dying from terrorismNow there are some new ones:
1) Losing your standard of living because the dollar is going to zero and you don’t own gold.
2) Dying from swine fluThe VPPs will do as they wish and will continue fleecing the flock. Gold might keep you safe for a while, but only if the VPPs allow it.
Good luck to all.
Participanttake whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
In the future gold will be $1M/oz and Real Estate will be worthless. The wealthy will build gold igloos with their bullion and live in them.
All stocks and bonds will become worthless and all of the currently powerful people working on Wall Street and their buddies in Washington will lose all of their power, become homeless and have to beg in the streets from the people living in gold igloos.
Participanttake whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
In the future gold will be $1M/oz and Real Estate will be worthless. The wealthy will build gold igloos with their bullion and live in them.
All stocks and bonds will become worthless and all of the currently powerful people working on Wall Street and their buddies in Washington will lose all of their power, become homeless and have to beg in the streets from the people living in gold igloos.
Participanttake whatever it is that you consider to be your wealth and hold it in your hands
if you are holding paper then at least 70% of its value is going to disappear over the next decade
stocks, bonds, real estate equity, annuities, etc
In the future gold will be $1M/oz and Real Estate will be worthless. The wealthy will build gold igloos with their bullion and live in them.
All stocks and bonds will become worthless and all of the currently powerful people working on Wall Street and their buddies in Washington will lose all of their power, become homeless and have to beg in the streets from the people living in gold igloos.
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