SUBSIM Radio Room Forums - View Single Post - Gold price manipulated since longer than assumed?

Skybird · 03-03-14, 10:46 AM

There are reasonable thoughts voiced by some who predict that gold will go beyond the 10.000 dollar mark the closer to final collapse day we are. I think that is possible. I tcoulöd even become multiple times that price, if you understand the logic behind FIAT money and gold.

But there will be new gold prohibitions announced by states, so you would be needing to act criminally and on the black market if you want to benefit from any - then illegitimate by the law'S letter - savings you stockpiled in gold and did not hand over to the state's gangsters when they demanded you to change your gold for useless rags of paper. You would need to accept the risk of most draconic penalties, because states cannot afford to tolerate black markets in such conditions. Or states catch you by excessive taxation of legal gold sales. In the end, when the going gets tough, there is no safety and no rescue, and those with gold will be in the mess as well as those holding shares (or follies like Bitcoins...) or landproperty (-> taxation, enforced expropriation).

We have had that before, and not just in Germany. America and Britain have been there, too, less than one man's lifespan ago.

Repeatedly.

03-03-14, 10:46 AM	#8
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,664 Downloads: 10 Uploads: 0	There are reasonable thoughts voiced by some who predict that gold will go beyond the 10.000 dollar mark the closer to final collapse day we are. I think that is possible. I tcoulöd even become multiple times that price, if you understand the logic behind FIAT money and gold. But there will be new gold prohibitions announced by states, so you would be needing to act criminally and on the black market if you want to benefit from any - then illegitimate by the law'S letter - savings you stockpiled in gold and did not hand over to the state's gangsters when they demanded you to change your gold for useless rags of paper. You would need to accept the risk of most draconic penalties, because states cannot afford to tolerate black markets in such conditions. Or states catch you by excessive taxation of legal gold sales. In the end, when the going gets tough, there is no safety and no rescue, and those with gold will be in the mess as well as those holding shares (or follies like Bitcoins...) or landproperty (-> taxation, enforced expropriation). We have had that before, and not just in Germany. America and Britain have been there, too, less than one man's lifespan ago. Repeatedly. __________________ If you feel nuts, consult an expert.