**CENTRAL BANKERS ABANDONING US DOLLAR**** | |
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Anonymous Coward User ID: 1033771 United States 07/12/2010 04:12 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: Anonymous Coward 829114It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed. |
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Jack Hinson (OP) User ID: 945477 United States 07/12/2010 04:15 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: Anonymous Coward 829114LOTS OF DIFF. THOUGHTS ON THIS.. WATCH THE MOVIE.. THE SECRET OF OZ.. OR MONEYMASTERS "It was for liberty that Christ freed us" Galatians 5:1 [link to www.tennesseesonsofliberty.com] [link to www.weethepeeps.com] LOOKWHATIDID 'SERF SONG': [link to www.youtube.com] ESCAPE FROM SERFDOM THROUGH POLITICAL SELF DETERMINATION!!! STRIKE THE ROOT! ABOLISH THE FEDERAL RESERVE! |
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Anonymous Coward User ID: 1034075 United States 07/12/2010 04:18 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: Anonymous Coward 1033771It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed. Says the guy too poor to buy any..... |
Anonymous Coward User ID: 1008736 United States 07/12/2010 04:20 PM Report Abusive Post Report Copyright Violation | I agree with the broad sense of this thread title. But one point is not the end of the world. Surely this is happening, but it won't (and can't) happen in the blink of an eye. I find it interesting to note that even though we are a county of 300 million, in a world of 6 billion (do the math), we are still have a majority of the worlds printed money! Well over 50%! 300 million divided by 6 billion=5% of the worlds population. Crazy |
Anonymous Coward User ID: 1031131 United States 07/12/2010 04:21 PM Report Abusive Post Report Copyright Violation | There is a problem in the OP. Quoting: Anonymous Coward 974569First it says that Central Bankers are abandoning the US Dollar. Then it says Central Bankers are selling their gold for Cash. Well which is it? I was thinking the exact same thing! That don't add up. |
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Anonymous Coward User ID: 1031339 Canada 07/12/2010 04:22 PM Report Abusive Post Report Copyright Violation | Remember: Never trust a snake! Or a bunch of snakes in a snakepit that own, control, create, disregard and decide-upon what will be deemed as news and then subsequently delivered up as truth. These are all a bunch of 2-bit lying criminal scumbag thieves who will stop at nothing to complete the transfer of your wealth into their winnings |
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Anonymous Coward User ID: 660580 United States 07/12/2010 04:24 PM Report Abusive Post Report Copyright Violation | There is a problem in the OP. Quoting: Anonymous Coward 1031131First it says that Central Bankers are abandoning the US Dollar. Then it says Central Bankers are selling their gold for Cash. Well which is it? I was thinking the exact same thing! That don't add up. Not our cash EVERYTHING ELSE |
Anonymous Coward User ID: 913090 United States 07/12/2010 04:24 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: Anonymous Coward 1033771It will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed. Incorrect. The government cannot confiscate numismatic coins (Liberty/double-eagle coins), only bullion. |
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Anonymous Coward User ID: 1008736 United States 07/12/2010 04:25 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: Anonymous Coward 829114There are many more factors that will influence the price of gold and silver. For one, they are sold on the international market, so technically, this fact will not influence that at all. However, if their is a world wide economic collapse, or break down in society, that is a different story. Gold will have to be shaved to make small purchases. I mean, do you need groceries worth $3000-$6000 (off a one ounce gold coin) at one time? No, you will shave it and sell grams. Silver will be used more often for smaller purchases. That is assuming there is food to buy..... |
Anonymous Coward User ID: 1008736 United States 07/12/2010 04:26 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: StephenInAZIt will either be confiscated by the government or sales of said precious metals will be taxed at 99%...either way, you're screwed. Incorrect. The government cannot confiscate numismatic coins (Liberty/double-eagle coins), only bullion. Currently, but laws change. And it a state of emergency, even the constitution doesn't apply. |
Anonymous Coward User ID: 300884 Sweden 07/12/2010 04:26 PM Report Abusive Post Report Copyright Violation | I agree with the broad sense of this thread title. But one point is not the end of the world. Surely this is happening, but it won't (and can't) happen in the blink of an eye. Quoting: Anonymous Coward 1008736I find it interesting to note that even though we are a county of 300 million, in a world of 6 billion (do the math), we are still have a majority of the worlds printed money! Well over 50%! 300 million divided by 6 billion=5% of the worlds population. Crazy Americans are overachievers. You have 50+ % of the military budget too. And 50+ % of the lawyers. And 50+ % of the jail population. Not to mention 50+ % of the fatsos. I think you'll end up with 50+ % of the doom as well! |
SlapNuts User ID: 1000829 United States 07/12/2010 04:26 PM Report Abusive Post Report Copyright Violation | Been hearing this for a few years now. Quoting: DNAprototypeYes we all have and this is how The Governments works ...in very subtle ways so the population will gradually accept it otherwise a quick switch over will cause more harm then good. This is how the NWO is being introduced world wide..in very subtle but effective ways. What goes around comes around - Contact: [email protected] |
Anonymous Coward User ID: 1033971 United States 07/12/2010 04:26 PM Report Abusive Post Report Copyright Violation | There is a problem in the OP. Quoting: Anonymous Coward 974569First it says that Central Bankers are abandoning the US Dollar. Then it says Central Bankers are selling their gold for Cash. Well which is it? Its both, as they dump dollars from the vaults back into the economy, it causes hyperinfation, people will flock to gold to escape it. In order to offset this, the central banks sell off lots of gold so that the excess surplus of gold in the market helps counter the demand and artificially keep the price of gold down so that it doesnt look like hyper inflation is happening. This will only work for so long. |
2010rapture.org User ID: 874924 United States 07/12/2010 04:26 PM Report Abusive Post Report Copyright Violation | Being a newbie......what will this do to gold and silver in the US. Say gold and silver eagles that one has possession of? Thanks. Quoting: Anonymous Coward 829114The Bible says that gold and silver will not save you in the endtime. The rapture is your only hope of escape. [link to www.2010rapture.org] |
Anonymous Coward User ID: 974569 United States 07/12/2010 04:27 PM Report Abusive Post Report Copyright Violation | There is a problem in the OP. Quoting: Anonymous Coward 1031131First it says that Central Bankers are abandoning the US Dollar. Then it says Central Bankers are selling their gold for Cash. Well which is it? I was thinking the exact same thing! That don't add up. See you noticed it. The thing is most people here just happen to be sheep that stumbled upon GLP. I would say about 25% of the people on this forum are actually "enlightened". Another thing is that people Rushed to the US dollar back when the stock market was crashing and we were losing 700,000 jobs/month. This sell off is most likely caused by investors seeing light at the end of the tunnel so to speak. Of course the people on GLP have a hardon for doom so I'm pretty sure someone is going to try to debunk me. |