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Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets. -- Ignore unavailable to you. Want to Upgrade?


To: Robov who wrote (1868)6/23/2014 6:34:00 PM
From: The1Stockman  Respond to of 1954
 
I wonder what the Chinese, ... or even the Russians reactions would be to such an event, I doubt they would be as passive.

Seems to be consistent in how the U.S treats such matters, ... I hope a day does not come where they attempt to empty out the safety deposit boxes of Law Abiding Citizens of the shiny stuff under a declaration of patriotism, they would have a large chunk of my holdings no doubt.



To: Robov who wrote (1868)6/23/2014 9:53:44 PM
From: bostma  Respond to of 1954
 
Germany concluded that 'tis a far better thing to give up trying to get something back that is not there which ends in universal admission that it is gone, therefore you don't and will never have it, than to just continue the illusion that you have something, albeit a claim check on air, which, at the moment, is worth something (a lot more than nothing).

Yes, this should not shock anybody, and further supports the idea that gold can go anywhere vs. the dollar (i.e. the dollar can go to zero). Which is not to say that the US didn't ship the other people's gold before they emptied Ft Knox and West Point, so there may be a few bars left...