America's Impending Master Class Dictatorship
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http://www.kitco.com/ind/Dougherty/jan222010.html (Read Entire Article, there is much more..[^] At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom. Never having touched a gold coin is the monetary equivalent to never having breathed fresh air, felt the warmth of sunshine, looked up at the stars or risen from the gutter. Fiat Federal Reserve Notes are becoming nothing more than sewage decomposing in the vast, toxic septic tank of predatory Washington politics, epic Federal Reserve arrogance and error, blatant Wall Street fraud and outright Master Class plunder. Below, we outline America’s troubling and compounding predicament, and urge you to think about how to protect yourself from its consequences, both financially and personally. Thanks to the endless barrage of feel-good propaganda that daily assaults the American mind, best epitomized a few months ago by the “green shoots,” everything’s-coming-up-roses propaganda touted by Federal Reserve Chairman Bernanke, the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the rapidly increasing risk of a totalitarian nightmare descending upon the American Republic. One stark and sobering way to frame the crisis is this: if the United States government were to nationalize (in other words, steal) every penny of private wealth accumulated by America’s citizens since the nation’s founding 235 years ago, the government would remain totally bankrupt. According to the Federal Reserve’s most recent report on wealth, America’s private net worth was $53.4 trillion as of September, 2009. But at the same time, America’s debt and unfunded liabilities totaled at least $120,000,000,000,000.00 ($120 trillion), or 225% of the citizens’ net worth. Even if the government expropriated every dollar of private wealth in the nation, it would still have a deficit
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http://www.kitco.com/ind/Dougherty/jan222010.html (Read Entire Article, there is much more..[^] At certain times, focusing on the big picture is important not just for investment success, but for personal welfare, and even survival. We believe such times are here. It is estimated that 98% of Americans have never held a gold coin in their hands. Yet 100% of Americans regularly handle Federal Reserve Notes. From a contrarian standpoint, the financial message from those two statistics is clear. Even so, gold is much more than money or an investment medium; it stands for liberty and throughout history has facilitated escape and ensured freedom. Never having touched a gold coin is the monetary equivalent to never having breathed fresh air, felt the warmth of sunshine, looked up at the stars or risen from the gutter. Fiat Federal Reserve Notes are becoming nothing more than sewage decomposing in the vast, toxic septic tank of predatory Washington politics, epic Federal Reserve arrogance and error, blatant Wall Street fraud and outright Master Class plunder. Below, we outline America’s troubling and compounding predicament, and urge you to think about how to protect yourself from its consequences, both financially and personally. Thanks to the endless barrage of feel-good propaganda that daily assaults the American mind, best epitomized a few months ago by the “green shoots,” everything’s-coming-up-roses propaganda touted by Federal Reserve Chairman Bernanke, the citizens have no idea how disastrous the country’s fiscal, monetary and economic problems truly are. Nor do they perceive the rapidly increasing risk of a totalitarian nightmare descending upon the American Republic. One stark and sobering way to frame the crisis is this: if the United States government were to nationalize (in other words, steal) every penny of private wealth accumulated by America’s citizens since the nation’s founding 235 years ago, the government would remain totally bankrupt. According to the Federal Reserve’s most recent report on wealth, America’s private net worth was $53.4 trillion as of September, 2009. But at the same time, America’s debt and unfunded liabilities totaled at least $120,000,000,000,000.00 ($120 trillion), or 225% of the citizens’ net worth. Even if the government expropriated every dollar of private wealth in the nation, it would still have a deficit
You do understand that there's nothing like enough gold in the world to allow people to turn their money in to gold ? I agree, your country is screwed. Like so many before it ( Rome, anyone ), a former greatness has turned into a desire to live the good life, do no work, and basically profit from past glories.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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You do understand that there's nothing like enough gold in the world to allow people to turn their money in to gold ? I agree, your country is screwed. Like so many before it ( Rome, anyone ), a former greatness has turned into a desire to live the good life, do no work, and basically profit from past glories.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Christian Graus wrote:
You do understand that there's nothing like enough gold in the world to allow people to turn their money in to gold ?
Sure there is, and plenty more to be mined. I bet there are tons of gold in Africa, and that would be a perfect opportunity for them to develop if they are given the chance. When Gold and Silver was money, a glass bottle of CocaCola that was made with real cane sugar, cost 5 cents... FIVE CENTS! That was because Gold and Silver supply is limited so therefor its value is much higher.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Christian Graus wrote:
You do understand that there's nothing like enough gold in the world to allow people to turn their money in to gold ?
Sure there is, and plenty more to be mined. I bet there are tons of gold in Africa, and that would be a perfect opportunity for them to develop if they are given the chance. When Gold and Silver was money, a glass bottle of CocaCola that was made with real cane sugar, cost 5 cents... FIVE CENTS! That was because Gold and Silver supply is limited so therefor its value is much higher.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
CaptainSeeSharp wrote:
I bet
Yes, you do have a tendnecy to 'bet', that is, make totally ignorant statements based on a lack of research and that fly in the face of what has been found/is known by the endeavours of all other humans on the planet.
CaptainSeeSharp wrote:
When Gold and Silver was money, a glass bottle of CocaCola that was made with real cane sugar, cost 5 cents... FIVE CENTS!
And what was the average annual wage back then ? How many people lived and died in poverty ? I'd be astounded if the price of a Coke today is not less than then, relative to the average wage.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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Christian Graus wrote:
You do understand that there's nothing like enough gold in the world to allow people to turn their money in to gold ?
Sure there is, and plenty more to be mined. I bet there are tons of gold in Africa, and that would be a perfect opportunity for them to develop if they are given the chance. When Gold and Silver was money, a glass bottle of CocaCola that was made with real cane sugar, cost 5 cents... FIVE CENTS! That was because Gold and Silver supply is limited so therefor its value is much higher.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
FYI[^] - the amount of gold mined every year could fill my living room. Which I guess is your house three times over, it's still not a lot. Gold is worth a lot of money. The reason they find so little is that there's no big deposits left. To get gold today, they destroy a mountain, pulverise it, and look for flecks of gold. It's incredibly destructive to the environment, and a lot of work for little reward. That's one reason gold is worth so much.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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CaptainSeeSharp wrote:
I bet
Yes, you do have a tendnecy to 'bet', that is, make totally ignorant statements based on a lack of research and that fly in the face of what has been found/is known by the endeavours of all other humans on the planet.
CaptainSeeSharp wrote:
When Gold and Silver was money, a glass bottle of CocaCola that was made with real cane sugar, cost 5 cents... FIVE CENTS!
And what was the average annual wage back then ? How many people lived and died in poverty ? I'd be astounded if the price of a Coke today is not less than then, relative to the average wage.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Actually I had done a bit of research, out of curiosity, about just that. I found an inflation calculator at http://www.bls.gov/data/inflation_calculator.htm[^] and for $100,000.00 in 2010 it was equivalent to $4,568.80 back in 1913. For that 5 cent coke it is equivalent to $1.09 today. Usually I can count on a 20oz not a 12oz coke for about a $1.00. So it is about the same price as today.
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FYI[^] - the amount of gold mined every year could fill my living room. Which I guess is your house three times over, it's still not a lot. Gold is worth a lot of money. The reason they find so little is that there's no big deposits left. To get gold today, they destroy a mountain, pulverise it, and look for flecks of gold. It's incredibly destructive to the environment, and a lot of work for little reward. That's one reason gold is worth so much.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Gold would and has been only used for large denominations. Silver would be the common coinage unless you were buying a car our a house with cold hard cash.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Actually I had done a bit of research, out of curiosity, about just that. I found an inflation calculator at http://www.bls.gov/data/inflation_calculator.htm[^] and for $100,000.00 in 2010 it was equivalent to $4,568.80 back in 1913. For that 5 cent coke it is equivalent to $1.09 today. Usually I can count on a 20oz not a 12oz coke for about a $1.00. So it is about the same price as today.
OK - fair enough. That surprises me, but then Coke is obviously a product with a highly inflated price, back then they were not having to make the money to make ads with pop stars in them, etc. I would still suspect that what they make per ounce has gone down, as it has for most producers of food.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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OK - fair enough. That surprises me, but then Coke is obviously a product with a highly inflated price, back then they were not having to make the money to make ads with pop stars in them, etc. I would still suspect that what they make per ounce has gone down, as it has for most producers of food.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
They used real cane sugar and it was in a glass bottle. It was a higher quality product back then.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Actually I had done a bit of research, out of curiosity, about just that. I found an inflation calculator at http://www.bls.gov/data/inflation_calculator.htm[^] and for $100,000.00 in 2010 it was equivalent to $4,568.80 back in 1913. For that 5 cent coke it is equivalent to $1.09 today. Usually I can count on a 20oz not a 12oz coke for about a $1.00. So it is about the same price as today.
wolfbinary wrote:
For that 5 cent coke it is equivalent to $1.09 today.
And that is roughly the value of an old silver nickle. The value of an old silver dime is double that. http://coinflation.com/[^]
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Gold would and has been only used for large denominations. Silver would be the common coinage unless you were buying a car our a house with cold hard cash.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
You miss all the core points 1 - there's not enough gold to do that, no matter how you slice it 2 - there's no more to be found in any quantity 3 - what we do find, is highly destructive to the planet It's not remotely feasible, nor do the arguments for it make much sense. The only thing that inflation really hurts, is the value of money over time. However, putting money in to sound investments causes it to grow ahead of inflation, so that is not an issue.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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OK - fair enough. That surprises me, but then Coke is obviously a product with a highly inflated price, back then they were not having to make the money to make ads with pop stars in them, etc. I would still suspect that what they make per ounce has gone down, as it has for most producers of food.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Christian Graus wrote:
what they make per ounce has gone down
Oh, yes it most certainly has. All the costs today, once upon a time, I had found to be about .25 a can. The syrup for fountain drinks is really cheap and all you need is a carbinator at that point.
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They used real cane sugar and it was in a glass bottle. It was a higher quality product back then.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
We still have Coke in glass bottles with real cane sugar. It's hilarious to me that sugar is a sign of quality in the US. That's because of your corn lobby and your corrupt political system.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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wolfbinary wrote:
For that 5 cent coke it is equivalent to $1.09 today.
And that is roughly the value of an old silver nickle. The value of an old silver dime is double that. http://coinflation.com/[^]
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
CaptainSeeSharp wrote:
And that is roughly the value of an old silver nickle.
And a nickel is 5 cents, so in other words, the price has not moved at all, relative to the price of silver ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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CaptainSeeSharp wrote:
And that is roughly the value of an old silver nickle.
And a nickel is 5 cents, so in other words, the price has not moved at all, relative to the price of silver ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
I'm surprised you didn't call him out on the stupidly inane comment "value of a nickle and a dime is worth twice that." Come on CG, he threw the definition of a dime out there as if somehow being made of silver made it amazing that it was twice the value of a nickle.