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August 10, 2011 at 8:11 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717023August 10, 2011 at 8:11 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717113
The-Shoveler
ParticipantWell hmmm paper has it’s draw backs as well,
Inflation is the main reason people are forced to invest other than just sit on their money,
as I once heard, money is like manure, you got to spread it around or it just sits there and stinks.
Well I guess you could just keep the gold all nice a shiny and look at it.August 10, 2011 at 8:11 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717711ParticipantWell hmmm paper has it’s draw backs as well,
Inflation is the main reason people are forced to invest other than just sit on their money,
as I once heard, money is like manure, you got to spread it around or it just sits there and stinks.
Well I guess you could just keep the gold all nice a shiny and look at it.August 10, 2011 at 8:11 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717859ParticipantWell hmmm paper has it’s draw backs as well,
Inflation is the main reason people are forced to invest other than just sit on their money,
as I once heard, money is like manure, you got to spread it around or it just sits there and stinks.
Well I guess you could just keep the gold all nice a shiny and look at it.August 10, 2011 at 8:11 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #718220ParticipantWell hmmm paper has it’s draw backs as well,
Inflation is the main reason people are forced to invest other than just sit on their money,
as I once heard, money is like manure, you got to spread it around or it just sits there and stinks.
Well I guess you could just keep the gold all nice a shiny and look at it.August 10, 2011 at 7:58 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717008ParticipantIt’s very funny , the Swiss franc is up because it’s gold based, now listen to this,
U.S.A. citizens personally own more gold than the rest of world.
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, the US gold holdings are worth approximately $269.67 billion.
OK now here is the real funny part,
Do the math
$269.67 billion is about 2% of our annual USA GDP .
There is no way in heck it could be used for money, it’s just for watches jewelry etc…
That’s it’s total value in life.
August 10, 2011 at 7:58 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717099ParticipantIt’s very funny , the Swiss franc is up because it’s gold based, now listen to this,
U.S.A. citizens personally own more gold than the rest of world.
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, the US gold holdings are worth approximately $269.67 billion.
OK now here is the real funny part,
Do the math
$269.67 billion is about 2% of our annual USA GDP .
There is no way in heck it could be used for money, it’s just for watches jewelry etc…
That’s it’s total value in life.
August 10, 2011 at 7:58 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717697ParticipantIt’s very funny , the Swiss franc is up because it’s gold based, now listen to this,
U.S.A. citizens personally own more gold than the rest of world.
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, the US gold holdings are worth approximately $269.67 billion.
OK now here is the real funny part,
Do the math
$269.67 billion is about 2% of our annual USA GDP .
There is no way in heck it could be used for money, it’s just for watches jewelry etc…
That’s it’s total value in life.
August 10, 2011 at 7:58 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717844ParticipantIt’s very funny , the Swiss franc is up because it’s gold based, now listen to this,
U.S.A. citizens personally own more gold than the rest of world.
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, the US gold holdings are worth approximately $269.67 billion.
OK now here is the real funny part,
Do the math
$269.67 billion is about 2% of our annual USA GDP .
There is no way in heck it could be used for money, it’s just for watches jewelry etc…
That’s it’s total value in life.
August 10, 2011 at 7:58 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #718205ParticipantIt’s very funny , the Swiss franc is up because it’s gold based, now listen to this,
U.S.A. citizens personally own more gold than the rest of world.
The United States holds the largest gold reserve in the world. With 8,133.5 tonnes, the US gold holdings are worth approximately $269.67 billion.
OK now here is the real funny part,
Do the math
$269.67 billion is about 2% of our annual USA GDP .
There is no way in heck it could be used for money, it’s just for watches jewelry etc…
That’s it’s total value in life.
August 10, 2011 at 6:46 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716968ParticipantAlso Do you really want to pay these people off in Gold ?
China July exports hit record high, surplus swells
I say give them paper.
August 10, 2011 at 6:46 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717059ParticipantAlso Do you really want to pay these people off in Gold ?
China July exports hit record high, surplus swells
I say give them paper.
August 10, 2011 at 6:46 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717658ParticipantAlso Do you really want to pay these people off in Gold ?
China July exports hit record high, surplus swells
I say give them paper.
August 10, 2011 at 6:46 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717805ParticipantAlso Do you really want to pay these people off in Gold ?
China July exports hit record high, surplus swells
I say give them paper.
August 10, 2011 at 6:46 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #718166ParticipantAlso Do you really want to pay these people off in Gold ?
China July exports hit record high, surplus swells
I say give them paper.
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