| Users Online Now: 2,278 (Who's On?) | Visitors Today: 952,541 | |
| Pageviews Today: 1,588,612 | Threads Today: 643 | Posts Today: 11,416 |
| 03:56 PM | ||
| Users Online Now: 2,278 (Who's On?) | Visitors Today: 952,541 | |
| Pageviews Today: 1,588,612 | Threads Today: 643 | Posts Today: 11,416 |
| 03:56 PM | ||
CNBC Poll: 69% of Americans Support the Gold Standard | |
| Anonymous Coward User ID: 19420840  United States09/01/2012 02:48 AM Report Abusive Post Report Copyright Violation | |
MindShaft  User ID: 1554827 United States09/01/2012 02:56 AM Report Abusive Post Report Copyright Violation | 5 stars and a pin request. Banksters need to realize that we understand their game, and - we ain't going to put up with that shit for too much longer. "People have been conditioned to ridicule all that they are incapable of understanding." Goethe "None are more hopelessly enslaved than those who falsely believe that they are free." Goethe |
| Anonymous Coward (OP) User ID: 19420840 United States09/01/2012 03:02 AM Report Abusive Post Report Copyright Violation | Currently, if the United States were to back every dollar in circulation 100 percent with gold, the precious metal would be worth $10,000 an ounce. It would be possible for only a fraction of each dollar to be backed by gold. For example, if 15 percent of each dollar was redeemable in gold, it would imply a price of $1,500 an ounce. On Friday, gold traded at $1,672 an ounce. |
| MindShaft User ID: 1554827 United States09/01/2012 03:23 AM Report Abusive Post Report Copyright Violation | Currently, if the United States were to back every dollar in circulation 100 percent with gold, the precious metal would be worth $10,000 an ounce. It would be possible for only a fraction of each dollar to be backed by gold. For example, if 15 percent of each dollar was redeemable in gold, it would imply a price of $1,500 an ounce. On Friday, gold traded at $1,672 an ounce. Quoting: Gonviral Careful - you'll upset those who believe that a return to a gold standard is impossible. However, the value of the US$, currently based on nothing but blind trust in its future/continued worth is clearly unsustainable, and our overseas creditors are getting restless. Returning to a commodity-backed currency is the only sane escape route from the idiocy of endless digital paper creation at zero cost/maximum gain to the issuers. Trouble is, how do you go about confiscating the tools of mass impoverishment from the criminals who are running this fleecing operation, which is simply designed to siphon off the accumulated wealth of those who honestly worked, and saved to better themselves and their future generations, - when the design of the plan is to bankrupt everyone who is not in the inner circle? It's time for a drastic overhaul of the global monetary system. "People have been conditioned to ridicule all that they are incapable of understanding." Goethe "None are more hopelessly enslaved than those who falsely believe that they are free." Goethe |
| Anonymous Coward User ID: 1507912 United States09/01/2012 03:28 AM Report Abusive Post Report Copyright Violation | Just think if money was backed by precious metals again, there would be no inflation or deflation and people could save their own money for a rainy day or retirement. Save and pay cash for thing like furniture etc... Yep, I sure would be for that! The rich could still be rich, but if you saved your money you could do well too. |
| Anonymous Coward User ID: 19980561 United States09/01/2012 03:39 AM Report Abusive Post Report Copyright Violation | |
| MindShaft User ID: 1554827 United States09/01/2012 05:05 AM Report Abusive Post Report Copyright Violation | I know, it just seems pointles to build up a savings account when hyper inflation will kick in soon. Quoting: Anonymous Coward 19980561 Swap your government issued paper for physical metal - 'in your hand' assets. Don't EVER accept paper promises. Take physical possession of your hard-earned store of savings. It's not difficult. Buy from a reputable company. Tell no-one that has no need to know. Sleep well knowing that you've hedged against the certainty of the coming fiat currency collapse/meltdown. "People have been conditioned to ridicule all that they are incapable of understanding." Goethe "None are more hopelessly enslaved than those who falsely believe that they are free." Goethe |
| Anonymous Coward User ID: 21940079 United States09/01/2012 05:16 AM Report Abusive Post Report Copyright Violation | Currently, if the United States were to back every dollar in circulation 100 percent with gold, the precious metal would be worth $10,000 an ounce. It would be possible for only a fraction of each dollar to be backed by gold. For example, if 15 percent of each dollar was redeemable in gold, it would imply a price of $1,500 an ounce. On Friday, gold traded at $1,672 an ounce. Quoting: Gonviral The why does the world gold counsel rate the United States as having 87% of every dollar backed by gold? |
| MindShaft User ID: 1554827 United States09/01/2012 05:22 AM Report Abusive Post Report Copyright Violation | Currently, if the United States were to back every dollar in circulation 100 percent with gold, the precious metal would be worth $10,000 an ounce. It would be possible for only a fraction of each dollar to be backed by gold. For example, if 15 percent of each dollar was redeemable in gold, it would imply a price of $1,500 an ounce. On Friday, gold traded at $1,672 an ounce. Quoting: Gonviral The why does the world gold counsel rate the United States as having 87% of every dollar backed by gold? Who/what is the 'World Gold Council'? (... and what fucking planet are you from ... ?) "People have been conditioned to ridicule all that they are incapable of understanding." Goethe "None are more hopelessly enslaved than those who falsely believe that they are free." Goethe |
| Anonymous Coward User ID: 22983398 United States09/01/2012 05:25 AM Report Abusive Post Report Copyright Violation | Stupid Goldtards... Swap one arbitrary monetary unit for another? Oh, I know, you have been buying gold, right, so the real reason you push this crap is you have visions of being the equivalent of a millionaire with the gold you own. Gold standard: not going to happen, and that is a good thing. Fuck off. |
| Anonymous Coward User ID: 21873407  United Kingdom09/01/2012 06:08 AM Report Abusive Post Report Copyright Violation | Currently, if the United States were to back every dollar in circulation 100 percent with gold, the precious metal would be worth $10,000 an ounce. It would be possible for only a fraction of each dollar to be backed by gold. For example, if 15 percent of each dollar was redeemable in gold, it would imply a price of $1,500 an ounce. On Friday, gold traded at $1,672 an ounce. Quoting: Gonviral Those numbers are a little off son - think it's nearer $50k for 100% backing |
| STARLING User ID: 19013680 United States09/01/2012 06:23 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 22985712  Ireland09/01/2012 06:42 AM Report Abusive Post Report Copyright Violation | Stupid Goldtards... Quoting: Anonymous Coward 22983398 Swap one arbitrary monetary unit for another? Oh, I know, you have been buying gold, right, so the real reason you push this crap is you have visions of being the equivalent of a millionaire with the gold you own. Gold standard: not going to happen, and that is a good thing. Fuck off. +1 Keep gold free. Last thing we need is having to pay are depts in gold to the banks. |
| Ohwell User ID: 1130828 United Kingdom09/01/2012 06:48 AM Report Abusive Post Report Copyright Violation | Stupid Goldtards... Quoting: Anonymous Coward 22983398 Swap one arbitrary monetary unit for another? Oh, I know, you have been buying gold, right, so the real reason you push this crap is you have visions of being the equivalent of a millionaire with the gold you own. Gold standard: not going to happen, and that is a good thing. Fuck off. Finally!!!! Someone gets it. These goldtards or moneytards will forever be in the vicious cycle of entrapment by their leaders and continue to dig themselves further into their graves.Swapping one means of enslavement for another one. When will these people learn? We do not need money to survive. Did these people value gold as a child? I am sure the human civilisation has advanced so much that the only thing to put trust in is in material things and not in their fellow humans. If this is the thought process people have, we might as well not complain about the PTB controlling and wiping out the human specie cause we are sure a big mistake and deserve it. Last Edited by Ohwell on 09/01/2012 06:50 AM |
| Anonymous Coward User ID: 22971815 United States09/01/2012 06:55 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 19816263 United States09/01/2012 07:17 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 14873148 United States09/01/2012 08:33 AM Report Abusive Post Report Copyright Violation | |
| Therion156 User ID: 1609255 United States09/01/2012 08:44 AM Report Abusive Post Report Copyright Violation | CUI BONO (who benefits) from the reintroduction of a value based\backed currency? If you provide & saturate the markets with CHEAP almost no cost nonvalue based credit, then once saturation apex is acheived you switch gears to a value based system, the true value of the low\no cost credit quadruples in real purchasing power terms! Think of it as a bank creates credit out of thin air one day at almost no cost... the next day the credit is backed by expensive substance such as gold..... the cheap credit\debt would then be on a par with the expensive credit\debt creating windfall purchasing power for the creditor classes! CUI BONO? |
| AtsuiPanda User ID: 16510251 United States09/01/2012 09:39 AM Report Abusive Post Report Copyright Violation | Currently, if the United States were to back every dollar in circulation 100 percent with gold, the precious metal would be worth $10,000 an ounce. It would be possible for only a fraction of each dollar to be backed by gold. For example, if 15 percent of each dollar was redeemable in gold, it would imply a price of $1,500 an ounce. On Friday, gold traded at $1,672 an ounce. Quoting: Gonviral Careful - you'll upset those who believe that a return to a gold standard is impossible. However, the value of the US$, currently based on nothing but blind trust in its future/continued worth is clearly unsustainable, and our overseas creditors are getting restless. Returning to a commodity-backed currency is the only sane escape route from the idiocy of endless digital paper creation at zero cost/maximum gain to the issuers. Trouble is, how do you go about confiscating the tools of mass impoverishment from the criminals who are running this fleecing operation, which is simply designed to siphon off the accumulated wealth of those who honestly worked, and saved to better themselves and their future generations, - when the design of the plan is to bankrupt everyone who is not in the inner circle? It's time for a drastic overhaul of the global monetary system.  :/sdfhasdfshasd/: Those who live by the sword die by the sword, those who don't live by the sword are subject to those who do. |
| hugs1111 User ID: 10918646 United States09/01/2012 09:40 AM Report Abusive Post Report Copyright Violation | |
| Hypertiger User ID: 12277324  Canada09/01/2012 09:46 AM Report Abusive Post Report Copyright Violation | The only way to sustain a Gold standard is if you have perfectly balanced trade. With the current trade deficit of the USA...There is enough Gold in the USA to sustain global trade for a few days. Any gold that enterned circulation would coiculate out and not come back. All the imports would stop and the USA along with the rest of the world would implode to oblivion. That is why the Gold window was closed back in 1971 |
| hugs1111 User ID: 10918646 United States09/01/2012 09:49 AM Report Abusive Post Report Copyright Violation | If true it's because they have zero idea what a Gold standard is. Quoting: Hypertiger The only way to sustain a Gold standard is if you have perfectly balanced trade. With the current trade deficit of the USA...There is enough Gold in the USA to sustain global trade for a few days. Any gold that enterned circulation would coiculate out and not come back. All the imports would stop and the USA along with the rest of the world would implode to oblivion. That is why the Gold window was closed back in 1971 lol well fair trade is the future:) thank you God, thank YOU hugs for you:) |
| Anonymous Coward User ID: 1211208 United States09/01/2012 09:50 AM Report Abusive Post Report Copyright Violation | |
| Hypertiger User ID: 12277324 Canada09/01/2012 09:51 AM Report Abusive Post Report Copyright Violation | It's not impossible to return to a gold standard. The top own all the gold...They lent it into circulation and basically all below are renting it. The only way to pay the rent due is to mine more Gold or borrow more gold from the top...of course after you pay the rent so teh top has gold to lend. it's why the came up with credit of ious...so that you can borrow money created out of thin air to fund the mining operation to obtain the gold you all owe the top to pay the rent due on the Gold and the interest due on the credit they issued. You all are so ignorant of economics it's a laugh. |
| Hypertiger User ID: 12277324 Canada09/01/2012 09:58 AM Report Abusive Post Report Copyright Violation | All the money that has been printed was to supply the demand for money by the bottom. The top maintain their position by going the bottom what the ywant... one slight problem. The top employ the bottom to supply teh top with everything wholesale...the top the nmark it up and sell it to the bottom retail. The difference between the wholesale cost and the retail price is the yield the top lives off of... The bottom has to keep slaving in the field and mines to supply the yield the top demands. Until of course the mines run out and the crops fail. All the money in circulation globally is owned by the top and is rented to the bottom. The cost to pay the rent to the owners of the world is hidden in the prices of everything. You all are fighting to the death to remain asleep to enjoy the dream you are awake. |
| Anonymous Coward User ID: 10783814 United States09/01/2012 10:17 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 22306258 United States09/01/2012 10:26 AM Report Abusive Post Report Copyright Violation | Do I really think that any mainstream politician would ever actually move us toward the gold standard? Not a chance. It doesn’t matter. As I mentioned the other day, the mere fact that Romney was forced to consider creating a commission to examine the return to gold tells us all we need to know. The populace is becoming increasingly informed of the total scam that the current monetary system is and they are looking for answers... Quoting: Gonviral CNBC poll seems to suggest that while Washington bureaucrats might find a return to the gold standard anathema to their narrow interests, the citizens of the United States think it is a pretty good idea. Out of a little more than 19,000 votes that had been recorded at CNBC.com on Friday afternoon, 69 percent voted that they would be in favor of returning to the gold standard. Only 24 percent of respondents voted "no," that they do not support it and seven percent were unsure. [link to www.benzinga.com] What country owns the most gold? |
| Anonymous Coward User ID: 22985962 United Kingdom09/01/2012 10:32 AM Report Abusive Post Report Copyright Violation | Do I really think that any mainstream politician would ever actually move us toward the gold standard? Not a chance. It doesn’t matter. As I mentioned the other day, the mere fact that Romney was forced to consider creating a commission to examine the return to gold tells us all we need to know. The populace is becoming increasingly informed of the total scam that the current monetary system is and they are looking for answers... Quoting: Gonviral CNBC poll seems to suggest that while Washington bureaucrats might find a return to the gold standard anathema to their narrow interests, the citizens of the United States think it is a pretty good idea. Out of a little more than 19,000 votes that had been recorded at CNBC.com on Friday afternoon, 69 percent voted that they would be in favor of returning to the gold standard. Only 24 percent of respondents voted "no," that they do not support it and seven percent were unsure. [link to www.benzinga.com] What country owns the most gold? Gotta be India. It's a way of life. |
| Anonymous Coward User ID: 22306258 United States09/01/2012 10:34 AM Report Abusive Post Report Copyright Violation | Do I really think that any mainstream politician would ever actually move us toward the gold standard? Not a chance. It doesn’t matter. As I mentioned the other day, the mere fact that Romney was forced to consider creating a commission to examine the return to gold tells us all we need to know. The populace is becoming increasingly informed of the total scam that the current monetary system is and they are looking for answers... Quoting: Gonviral CNBC poll seems to suggest that while Washington bureaucrats might find a return to the gold standard anathema to their narrow interests, the citizens of the United States think it is a pretty good idea. Out of a little more than 19,000 votes that had been recorded at CNBC.com on Friday afternoon, 69 percent voted that they would be in favor of returning to the gold standard. Only 24 percent of respondents voted "no," that they do not support it and seven percent were unsure. [link to www.benzinga.com] What country owns the most gold? Gotta be India. It's a way of life. That question needed to be asked. Where would that leave the rest with less gold? Where is the US in terms of having gold? |
| Anonymous Coward User ID: 22826363 United Kingdom09/01/2012 10:46 AM Report Abusive Post Report Copyright Violation | Whats the fucking point of statistics like this? Do people actually believe the mega-rich really give a shit what people want? 3 million people stood up to Tony Blair and said no to invading Iraq. did he give a shit? Of course not, he knew people would go bavk to work on Monday morning so he said Fuck The People. Yes, thats right, the banks and the politicians and the police are saying to us that they could not give a flying fuck what the people want, its what they want that matters.' Wake the fuck up. |
| Anonymous Coward User ID: 17398911  Australia09/01/2012 10:48 AM Report Abusive Post Report Copyright Violation | |
