Re: The Economic Crisis (The Fall of America & the Western World)

Originally Posted by
brocktonblockbust
OK we're cool on the perceived insult thing. Ill give you that .... Now......
you're missing the main points... its pedantic to keep hammering about the Fed/Treasury thing OK fine, I stated it backwards....but that aint the point my friend.
YOunever address the MAIN POINT which is this whole thing is a shell game. Do you understand what I mean by that?
So the shell game is who issues the bonds?
I'm fairly certain Mr. Laing has debunked EVERYTHING you have posited.
The strange thing is in my industry there are a fair number of people with various degrees from Thunderbird, they understand these basics a lot better and never quote hacks on youtube as
evidence for anything.
Also I have to track the gold markets everyday as it is part of my supply chain. It's been obvious to me that gold was not going to maintain it's meteoric rise in value, despite what gold salesmen would say.
Here's a chart of GLD an ETF that tracks gold prices (multiply by 10 to get the value)
If your logic (and the crux of your argument) is that the rise of gold price
is representative of a loss of value in the dollar, than the inverse must also
be true right?
And gold has lost roughly 30% of it's value from it's peak.
SPDR Gold Trust ETF Chart - Yahoo! Finance
For every story told that divides us, I believe there are a thousand untold that unite us.
Bookmarks