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REPORT ABUSIVE REPLY
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Message Subject
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OBAMA WINS. Now Bernanke will keep printing money as usual. I look forward to buy more silver, since I am from South America
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Poster Handle
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andawg221 |
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Post Content
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Yes, we can really use and pick America apart now. They will be sinking, just as Obama intends.
Quoting: Anonymous Coward 2134890 How can we American's make a profit? other than silver and gold? In other words: How does one profit from a socialistic nation? Silver and Gold will only remain a profit because of the finite supply on this planet. As soon as we start to mine local celestial bodys the price will crash as more of a substance becomes available. And beleive me, we are not that far of from minning in space, if it has massive $ signs on it corperate men will make it happen. Logic and reality fail, right there. Besides currently having nowhere near feasible, economic ability to undertaking such endevors, moving tonnes and tonnes or ore from space to earth is a huge hurdle. However, let's say a celestial body was found to be pure gold, with literally millions of tonnes of pure gold in it, the cost of bringing it to earth, and the foreknowledge of knowing once here it would crash prices, would render the project uneconomical. Why spend billions, or nore likely trillions by the time it is possible, only to crash in price the very product you are seeking? But you must be mistaking. Cause the AC knows secret space technology that we are not aware of. If space mining was possible, it would cost probably 100 times more being conservative! But even at 10 times that would put gold at $17,000 per oz. And probably more like $170,000 an oz. So your earth gold that you paid $1,700 (many people paid far less) will still go to the moon. Which is ironic, mine from the moon and prices go to the moon :-)
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