How Deep, Señor Maduro?

53 Replies to “How Deep, Señor Maduro?”

1. the world could use a whole lot less socialism and a whole lot more Christ. to even think that the world would be worse off because of Christ shows a level of understanding that is so low as to un-measurable.

2. Right … and now you are going to tell me that the “valuation” of that gold currency has remained constant throughout history ? That its “value” doesn’t’ fluctuate like EVERY OTHER instrument of exchange ? Sheesh … you TRUE gold BELIEVERS are really tiresome.

3. Well Old Boy, if gold were priced at $1,100,000/oz, would that be enough? But that’s not even relevant. THe USSA has no gold. It has leased or sold it all. That’s why they have to steal it from the Ukraine, Libya, Iraq etc. That’s right they steal it to be able to sell it to keep the price down. If they could not keep the price down, the USSA would collapse as savers would convert their worthless paper for real money, gold which has no counterparty risk.
   You must be an investment banker from the way you talk. All BS. Gold has been money for over 5,000 years. Now all of a sudden, worthless paper with a bit of ink on it is precious? Fiat money is an IOU worth as much as a cheque from me for $10Million.