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To: 8bits who wrote (42796)	12/14/2005 9:57:16 PM
From: shades	Read Replies (1) \| Respond to of 116555

US currency after the demise of the continental was either copper, silver, or gold. As Americans learned to have faith in the US government Why did they lose faith - and what restored it - that is all that matters - answer me that - peoples belief in the memes are what is key - everything else is secondary - why did you ever have faith in the US currency or other us currency based virtual systems or debit cards and such? Why are you losing faith now? Are you afraid if you dont pay your taxes that is used to blow up brown people that maybe you might get in trouble with the gubbment? You dont want to be in trouble with the gubbment now do you Citizen - thats right citizen - pay your taxes - let more brown people get blowed up - let more oil flow into your SUV - and be happy citizen - hehe. A guy on paul krugmans board mentions that china might go buy 100 billion dollars of gold tomorrow - another poster says this is comical. hotboards.com From the china peoples daily online - bastion of truth and honesty: Asian countries have good reasons to hold more gold. Compared with developed countries, their percentages of gold in foreign exchange reserves are apparently small. As the World Gold Council pointed out, Asian investors are the world largest gold consumers, but gold only takes 1.1 percent in China's official reserves, or 1.3 and 3.6 percent in Japan and India respectively. A sharp contrast is the American percentage of 63.8 percent, and over 50 percent in Germany, France and Italy respectively. Due to fluctuations of major currencies, Asian countries may not choose to change their US dollars into euros. Meanwhile, they don't like holding too much dollars, so one of the way outs is simply to have more gold. Of courses, Asian countries need coordination in this regard, since action from a single country may trigger strong fluctuations of exchange rates and harm economic activities.' Now china wanted to buy some oil, they tried to buy it with US dollars, they got slapped down - do you think if they show up with shiny metal to the americans and say OK now americans - you can park the SUVS and start walking and take this gold for all that OIL - do you really believe that is going to happen? That is stupid and silly to believe that. 2 of my comments on paul krugmans board: hotboards.com My Army Recruiting Father said son - as long as we have the worlds strongest military - we will get our way - never doubt that. Japan, Italy, Germany tested the war machine - and perhaps again at a time in the future modern war machines and nation states will be tested again - it seems that is what man always ultimately resorts to in the end - his war machine - it does not matter how much oil china wants or how much gold or dollars they have to trade for it - if we want more and have the bigger military - we win according to my pop - why is this any less true than at any other time in man's history? hotboards.com Pete I have been arguing this point over at siliconinvestor with several Gold Bugs. In reality, the USA has nukular bombs, nukular aircraft carriers, nukular stealth bombers, nukular submarines, basically I dont see anyone telling us we cant have what we want because we dont have shiny metal to trade them while we still have the worlds only Superpower Military and have to agree with Terri on this issue. Not that I disagree with warren that our currency is worthless because we dont make anything, or that china india will try to diversify away from dollars where we dont let them buy what they want with them - and try to get into GOLD - but the reality is - when they come to us for oil with dollars or gold - it wont matter - they wont get it until they have a military to TAKE it from us - which will take them a long time to build eh? Bush is crapping his pants over north korea because they want in on the Nukular Party too - not because of their horde of shiny metal. The naval shipping lanes we protect and bases we build are near OIL routes and production - not gold mines and gold shipping routes no? Gold is OK if you dont trust your government, you dont trust fiat, and the government is not going to use tanks or bombs or nukular to force thier full faith and credit on you - but I am betting Pete - if about 20 US military snipers have a few AR15's trained on your forehead and say your gold, your dollars, or your life - shiny metal is not going to mean much to you is it? Its not about the gold, or the dollars, its about the men with the guns who can put you in jail or put you in a six foot hole ultimately isnt it?

To: 8bits who wrote (42796)	12/14/2005 10:06:35 PM
From: shades	Read Replies (1) \| Respond to of 116555

news.yahoo.com Pink floyd sang about it a long time ago my friend - thought control - it aint about gold, or dollars, but thought control, I saw a guy in a movie once called 1984 - he wasn't going to let anyone tell him wether he could have sex or not or what he could buy or not - they fixed him - they being the men in power who have the will to put you in a prison and torture you to death if you dont act right - but that is just in the movies right? That doesnt happen in real life - sheesh there are so many people here living in fantasy land - you think abu ghraib is a joke? You think all those pictures you see over in the middle east every day is fantasy? That is reality my friend - bombs and bullets blowing up peoples heads who dont want to comply - the patriot act just got extended over here - obviously the citizens of this country are not ready to challenge authority - your silly GOLD has no bearing where the real POWER lies - the founding fathers understood gold is not what it is about - it NEVER was - it is about wether you are ready to pick up a gun with 20 gubbment snipers trained on you and start shooting - but I bet you aren't there yet - as I have often told General CHen - when I see Oprah on TV saying to revolt and overthrow the powers that be - then we will have change - until then - status quo as usual - you better eat your pudding - hehe.