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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (166468)12/28/2020 8:03:33 AM
From: Follies  Read Replies (1) | Respond to of 218658
 
Whether we choose to play or not, we are being played, because the fiat dilution is real enough
These are your best words and Haim ignores them. Any sovereign can confiscate gold but any sovereign can also make their own currency worthless.

Gold was $20/oz for a long time which is why I like the old St Gaudens to remind me of that. Then it moved to $35/oz then confiscated from 1935 to 1970 (dates may be slightly off). During that period my father was a jeweler and he had literally scrap gold that he would weigh and send to the US treasury who would send him a check for $35 for every ounce.

From $20 to $2000 in 90 years, or maybe better said from $1.00 to $0.01 . And Haim wants to hold usd and use SWIFT?

I trust the thousands of Bitcoin nodes more than I trust any government.