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AlwaysRed

12/10/23 9:54 AM

#1483 RE: cottonmather #1482

Every bit of what you are saying is and has been incorrect. For YEARS! You keep saying the same things and nothing changes. I guess I'm a loser because I recognize it.

You can't even answer simple questions. You only paste metal salesmen's thoughts.

Why did silver go from 26 to 23 just like I said it would?

You need to take a step back and reflect on what you have seen over the last 20 years. You keep saying that the metals are going to the moon. For years. Year after year. You have gambled so much money on this one religion. And where has it gotten you? Nowhere.

And listening to people that have been wrong for decades is not the answer. Every metal salesman you listen to has been incorrect. Just like the second coming of Jesus people. They've been waiting for 2000 years. Still isn't here is he? Unfortunately you don't have 2000 years to wait for the price of silver to go to 1000 dollars per ounce.

How can that happen when it is contracted to be delivered at the price of 23 dollars by the very people that own and control the world?

Sorry you have not been able to break away from the lies. Religion and faith are tough to break free from and evangelists are very good at stealing money from senior citizens.

In 5 years I'll still be here saying the same things and the price of silver at that time will top out around the 30 dollar range. I'll be here keeping you in check.

AlwaysRed

12/10/23 9:58 AM

#1484 RE: cottonmather #1482

Think critically, answer these questions:

There will never be a gold backed currency again. It is a sales tactic. They have been saying that for decades too. It is impossible to have a sound currency in a debt based interest bearing economic system. You can't have something sound pegged to something that needs expansion in perpetuity.

All currencies in the entire world would have to be backed by gold simultaneously.

How is that possible?
Where would all the gold come from?
How could every central bank in the world back every currency with gold at the same time?
If they only backed one, there would be massive demand for the one currency while all the others would crash.
Where would all the currency that is backed by gold come from?
How would it properly be allocated?
When was the last time you saw gold in circulation?

The idea that there could possible be a gold standard is ridiculous.

So when they make gold and silver legal tender......

Do all of the banks start holding gold and silver?
Do all the stores in the US start holding gold and silver?
How do we account for daily price fluctuations when spending gold and silver?
How do you make change for purchases and sales in gold and silver?
Where do all of the businesses and banks get the gold and silver to trade with?
Do the businesses hold gold and silver in a vault on location daily so they can trade with it?
What type of infrastructure is in place to be able to accommodate transactions with gold and silver?
What if you go to a gas station and start pumping gas and then the money vultures SMASH silver by 1 dollar while you are pumping gas? How do we account for that?
Where will the average citizen get gold and silver to transact with?
Who owns all the gold and silver?
Would we have to buy gold and silver from the banks to transact with?
Would the sales of goods and services include the premium price of gold and silver?
How do we save the gold and silver that we are not transacting with? In our houses? In banks? Where will the banks hold the gold?
Will there have to be a new system created beside the existing system for the banks to be able to hold gold and silver and know how much is yours?
How will we hold the banks accountable so we know that they actually have our gold?
Will all of the retailers and banks have to assay the gold and silver prior to exchange to know that the coins are authentic?
Will every transaction have to dye test the metal to see if it is real?


You have to understand the economic system. You have to use common sense to understand the impossibility of there being a gold backed currency. It would be literally impossible.