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Re: deadjim post# 145794

Monday, 11/10/2014 1:27:32 PM

Monday, November 10, 2014 1:27:32 PM

Post# of 173212
inre: Couple of years back numbers projecting what GOLD will do for fiat money/ that is to say what valuation will balance the intrinsic value of "FIAT" money. In truth "FIAT MONEY" is the same as "PLASTIC MONEY". So today we are seeing this inflation/stagnation happening agin as in early 80's, golds first big run from erly 70s, @$35-38. per ounce to $800. plus, with au @ even $1200.per oz, use the same compounding as the 1980s gold price run of Xs 22.857142, so lets use the triple bottom of recnt for Au of $1180. and we wind up with $26971.427 ppo. Now we are hearing the SWISS tell us that the fiat may need to be balanced by au ppo. History has been saying this since History has been told. Gold secures the revenues of institutions and Govs as well. If that the case then our nat debt will not be any problem, we can mine in AZ and AK to dig our way out of all that debt. All of this chatter about plastic or fiat is really valuation and what will provide the "BOOST" of valuation better than GOLD! History sez, only "GOLD" has ever solved that problem, now about that "GOLD watch! http://www.maxkeiser.com/2011/02/will-you-sell-your-gold-to-the-government-for-100000-an-oz/
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