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Re: Iceman post# 145486

Tuesday, 10/28/2014 11:02:43 AM

Tuesday, October 28, 2014 11:02:43 AM

Post# of 173212
ICE:, VP over there! Looks like the "savings and loan scandel" hit the Housing mkt in 07,08 harshly in the USA and then Global ripple effect to further losses GlobalThe errosion of 7 plus trillion dollars devaluation in losses to financial institutions in the USA. But was it a loss of confidence or percieved valuation. When in fact it looks to be just that, perception of valuation, "ENTER GOLD". If the SWISS vote is a yeah count win then the underground is already shaking their ugly finger at us about changing our opinion of what gold really is, but let me be the first, GOLD is real VALUATION. First and Last gold in vaults means that money is anchored, anchored means that fiat money in circulation is backed up indeed with hard assets. The Public perception is just the same as stocks evaluation, they set the price. Just trying to lay groundwork here to reach my point. Which is With a yeah vote in Switzerland Global Banking will allign and faith will be reserted into Financial institutions Globally. Else why carry fiat money at all? As Gold Price escalates so do will fiat money in valuations. Gold valuations will IMO give us the rebound in all Global economies and give us a ROLLBACK effect to the Financial year of the Gold standard years! I see it as a very bright thing to beef up all economies. PS: LBSR could probably get a JV in like 2 minutes or less in the "NEW (G)-OLDEN DAYS". http://www.arabianmoney.net/gold-silver/2014/10/09/swiss-gold-referendum-at-end-of-november-could-start-prices-heading-to-the-moon/
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