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Title: IS GOLD MONEY?
Source: [None]
URL Source: [None]
Published: Jul 14, 2011
Author: Ron Paul
Post Date: 2011-07-14 13:07:59 by socalv8
Keywords: Paul, Ben, Good Question
Views: 74156
Comments: 131

Big Ben's hesitation was telling.

What say you?

Post Comment   Private Reply   Ignore Thread  


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#73. To: Godwinson (#70)

wonder how grocery stores will give change on gold? In the olden days people used to file down the coins and cheat people.

If paper is backed by gold is the model - for this size economy a dollar bill would be worth maybe an atom of gold.....

These people sound like Khmer Rouge - They want to return to some "Year Zero" formula.

The old timers used to carry vials of gold dust around, and pulled a pinch for this or that which was weighed since everyone carried with them a small scale. But don't you dare sneeze during the transaction or there goes a month's hard work. The people who really made out in those days were the floor sweepers.

mininggold  posted on  2011-07-16   13:06:32 ET  Reply   Trace   Private Reply  


#74. To: eskimo (#71)

LOL!! You really only know enough to be childishly paranoid. The water soluable percentage of naturally occuring metals is not what you imagine or no water would be safe to drink.

The rest of your childish innuendo must just be a manifestation of your mental malady.

Which means you haven't tested it.

mininggold  posted on  2011-07-16   13:08:25 ET  Reply   Trace   Private Reply  


#75. To: jwpegler, mininggold (#72)

If the government got out of the way, what would certainly evolve is a system of digital currencies

Yea, because that's what evolved in Somalia without a govt there.

You guys make up fantasy as go along?

Hey before the govt printed money every store or bank in America printed its own money.

You guys really do want us to go back to the 1800s! LOL!

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-16   13:16:11 ET  Reply   Trace   Private Reply  


#76. To: Godwinson (#70)

If paper is backed by gold is the model - for this size economy a dollar bill would be worth maybe an atom of gold.....

Wow! You have really been sucked into the the paper scam. The "economy" has become unsustainable even with limitless printing of paper funny money. The relation of real money to funny money is about to change more drastically than it already has.

But, you go ahead and stack your paper; you can always use it to wipe.

eskimo  posted on  2011-07-16   13:19:48 ET  Reply   Trace   Private Reply  


#77. To: mininggold (#74)

Which means you haven't tested it.

Oh, but I have, for more than half a century. Anything else I can help you with?

eskimo  posted on  2011-07-16   13:23:24 ET  Reply   Trace   Private Reply  


#78. To: eskimo, mininggold (#76)

The "economy" has become unsustainable even with limitless printing of paper funny money.

I guess I missed all those people walking around with wheel barrows full of worthless dollars to buy milk.......

Let me know when your end time fantasy happens.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-16   13:23:30 ET  Reply   Trace   Private Reply  


#79. To: eskimo, mininggold (#77)

Which means you haven't tested it. Oh, but I have, for more than half a century.

Yukon likes sticking things in his mouth,,,,,

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-16   13:24:13 ET  Reply   Trace   Private Reply  


#80. To: Godwinson (#79)

Yukon likes sticking things in his mouth,,,,,

LOL!! I have no idea what that nonsense means but it sounds as though you have become frustrated with yourself because you argue stupidly and you are now resorting to an emotional outburst of disgusting and childish innuendo.

eskimo  posted on  2011-07-16   13:38:41 ET  Reply   Trace   Private Reply  


#81. To: Godwinson (#75)

Hey before the govt printed money every store or bank in America printed its own money.

There were 30,000 different currencies and denominations floating around - imagine the opportunities for counterfeiters.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-16   17:39:32 ET  Reply   Trace   Private Reply  


#82. To: Godwinson, badeye, capitalist eric (#75)

Somalia

The people in Somalia didn't invent the Cotton gin, Steam Engine, Telegraph, Light Bulb, Telephone, Internal Combustion engine, the Automobile, the Airplane, Assembly line, Radio, Television, the Vacuum Tube, transistor, Micro-processor, penicillin, antibiotics, and too many other things to list here.

America and the rest of the western world invented these things. We invented most of them when government was largely irrelevant in our lives.

The very idea that you would equate western free markets with tribal backwaters demonstrates that you are not worth wasting time on.

So F-off, bozo.


I'll have them niggers voting Democratic for two hundred years -- Lyndon Johnson

jwpegler  posted on  2011-07-16   18:16:50 ET  Reply   Trace   Private Reply  


#83. To: jwpegler (#82) (Edited)

America and the rest of the western world invented these things. We invented most of them when government was largely irrelevant in our lives.

The govts of the USA and abroad invested heavily in the development of most if not all these inventions including the invention of the computer and internet.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-16   18:32:57 ET  Reply   Trace   Private Reply  


#84. To: Godwinson (#83) (Edited)

The govts of the USA and abroad invested heavily in the development of most if not all these inventions

Complete and utter nonsense.

Show your sources on how government investment created the Automobile, Airplane, Assembly Line, Light Bulb, Telephone, etc.

You can't because it isn't true.


I'll have them niggers voting Democratic for two hundred years -- Lyndon Johnson

jwpegler  posted on  2011-07-16   18:39:47 ET  Reply   Trace   Private Reply  


#85. To: mininggold (#48)

Gold is way out of whack right now,

Out of whack, the new norm or the lowest it will ever be again...
Going to be interesting to watch, and fun since I'm not invested in it. Are you?

socalv8  posted on  2011-07-16   18:43:39 ET  Reply   Trace   Private Reply  


#86. To: jwpegler (#82)

America and the rest of the western world invented these things.

That is exactly what scares the crap out of the psychotic, money mongering, human trash with delusions of godhood. They witnessed freedom loving Americans come together like no society in the history of this planet and project a will and an industrial might during WWII that has never been equaled. This human tripe has no other choice except to bring down America before they are destroyed by the decendents of those freedom loving Americans. They are scared stupid and that is certainly evident given the present day events.

eskimo  posted on  2011-07-16   18:44:42 ET  Reply   Trace   Private Reply  


#87. To: socalv8 (#85) (Edited)

Out of whack, the new norm or the lowest it will ever be again...

If the Fed pursues a "Quantitative Easing" #3, we'll see gold at $2,500 an ounce.

We will also see mass hysteria on left, as they channel the dead ghost of FDR to bash "speculators" to try and shift blame from government boobs and tyrants to the market.

Fortunately, the government no longer has monopoly control of the media. So, the outcome is going to be very different than it was in the 1930s. Very different.


I'll have them niggers voting Democratic for two hundred years -- Lyndon Johnson

jwpegler  posted on  2011-07-16   19:03:38 ET  Reply   Trace   Private Reply  


#88. To: eskimo (#86) (Edited)

Yep. I completely agree.

In the 1930s, people in cahoots with the government had a monopoly in the media. Americans didn't get the truth. This is no longer the case. This scares the crap out of the government tyrants.


I'll have them niggers voting Democratic for two hundred years -- Lyndon Johnson

jwpegler  posted on  2011-07-16   19:05:31 ET  Reply   Trace   Private Reply  


#89. To: jwpegler (#84)

Show your sources on how government investment created the Automobile, Airplane, Assembly Line, Light Bulb, Telephone, etc.

Govt built roads that made the auto practical to own, the Wright Brothers would have gone nowhere if not for govt military contracts and the govt subsidized airports and so on. In cases where there was no govt subsidy the fact that the govt enforced patent rights is a major catalyst for innovation. The assembly line, sad that you do not know this - was not invented by Hentry Ford and existed in one form or another throughout time.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-17   9:29:45 ET  Reply   Trace   Private Reply  


#90. To: Godwinson (#89)

The military played a major role in the development of the internet so conservative would have a place to meet and complain about government.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-17   9:56:29 ET  Reply   Trace   Private Reply  


#91. To: Godwinson (#89)

Wright Brothers would have gone nowhere if not for govt military contracts

Yeah. Planes and automobiles would never have been invented if it weren't for the government. We would still be riding horses right fool? You are really cranky and really dumb. I pity you fool.

A K A Stone  posted on  2011-07-17   10:14:48 ET  Reply   Trace   Private Reply  


#92. To: socalv8 (#85)

Going to be interesting to watch, and fun since I'm not invested in it. Are you?

I still have most I obtained by my own labor, and some I bought at 400 and below.

mininggold  posted on  2011-07-17   10:22:18 ET  Reply   Trace   Private Reply  


#93. To: A K A Stone, lucysmom (#91)

Yeah. Planes and automobiles would never have been invented if it weren't for the government.

If not for the military and govt subsidies (US Post saved the airline businesses at one point when they initiated air mail at a loss) we would still be flying bi-planes made of cloth and wood. If not for orderly and well built roads by the govt automobiles would not be as wide spread as they are today. You seem to forget that the national road system was only built in the USA after WW2 by that commie Ike Eisenhower.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-17   11:13:51 ET  Reply   Trace   Private Reply  


#94. To: jwpegler (#87)

If the Fed pursues a "Quantitative Easing" #3, we'll see gold at $2,500 an ounce.

They will...they threw the hint out and Wall St. will hold them to it.

socalv8  posted on  2011-07-17   11:31:18 ET  Reply   Trace   Private Reply  


#95. To: mininggold (#92)

most I obtained by my own labor

Is a license required to mine on your own? If not, it will soon, imho.

socalv8  posted on  2011-07-17   11:33:02 ET  Reply   Trace   Private Reply  


#96. To: socalv8 (#95) (Edited)

Is a license required to mine on your own? If not, it will soon, imho.

Not usually on private, sometimes a permit on certain public lands. You can still place a claim on most BLM or Forest Service lands if you can find any areas that are unclaimed that have anything worth prospecting. I'm talking pick and shovel type mining not anything requiring the removal and processing of large amounts of material.

mininggold  posted on  2011-07-17   12:02:52 ET  Reply   Trace   Private Reply  


#97. To: mininggold (#96)

Interesting, I'd guess that if gold prices skyrocket BLM and Fed Service lands will "lawyer up".

socalv8  posted on  2011-07-17   12:13:49 ET  Reply   Trace   Private Reply  


#98. To: socalv8 (#97) (Edited)

Interesting, I'd guess that if gold prices skyrocket BLM and Fed Service lands will "lawyer up".

Most are already claimed, but they do take some off the list of claimables occasionally and occasionally they add some. They actually do land swaps and deals with the lumber companies ALL THE TIME.

If congress creates an reserve or park in an area, then the status of most claims there are changed according to the terms listed in the legislation.

mininggold  posted on  2011-07-17   12:19:13 ET  Reply   Trace   Private Reply  


#99. To: socalv8 (#97)

Interesting, I'd guess that if gold prices skyrocket BLM and Fed Service lands will "lawyer up".

Right now our lands are being used as assets for debt collateral. The Chinese want them as pristine as possible. Heh but that's a small price for the financing of wars that keeps the world safe for 'free markets'.

mininggold  posted on  2011-07-17   12:30:49 ET  Reply   Trace   Private Reply  


#100. To: Godwinson (#89) (Edited)

Govt built roads that made the auto practical to own...

No. You said: "The govts of the USA and abroad invested heavily in the development of most if not all these inventions". You are completely wrong, so now you are changing your story.

None of the game changing technologies I listed had any government investment. Governments may have been one of the customers for many of these technologies. So what? They were created by private sector without government investment. BOZO.


I'll have them niggers voting Democratic for two hundred years -- Lyndon Johnson

jwpegler  posted on  2011-07-17   13:46:45 ET  Reply   Trace   Private Reply  


#101. To: Godwinson (#93)

You seem to forget that the national road system was only built in the USA after WW2 by that commie Ike Eisenhower.

Real, freedom loving Americans should refuse to drive on them socialist highways.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-17   13:52:06 ET  Reply   Trace   Private Reply  


#102. To: lucysmom (#101)

Real, freedom loving Americans should refuse to drive on them socialist highways.

Or use those socialist airports, or use communications involving satellites that are monitored by our socialist military to keep them from hitting each other.

mininggold  posted on  2011-07-17   14:10:24 ET  Reply   Trace   Private Reply  


#103. To: mininggold (#102)

Or use those socialist airports, or use communications involving satellites that are monitored by our socialist military to keep them from hitting each other.

If they really loved freedom, they'd boycott the internet.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-17   14:12:18 ET  Reply   Trace   Private Reply  


#104. To: jwpegler, mininggold, lucysmom (#100) (Edited)

No. You said: "The govts of the USA and abroad invested heavily in the development of most if not all these inventions". You are completely wrong, so now you are changing your story.

There is no change in my story. You are just being a know-nothing.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-18   0:30:55 ET  Reply   Trace   Private Reply  


#105. To: mininggold (#99)

Right now our lands are being used as assets for debt collateral. The Chinese want them as pristine as possible.

"Prestine" isn't an issue. They'll drill the land we're too stupid to drill.

socalv8  posted on  2011-07-18   3:56:25 ET  Reply   Trace   Private Reply  


#106. To: lucysmom (#101)

Real, freedom loving Americans should refuse to drive on them socialist highways.

Fake, profit hating Americans should insist on walking only on them there communist hiking paths.

socalv8  posted on  2011-07-18   4:00:28 ET  Reply   Trace   Private Reply  


#107. To: lucysmom (#103)

they'd boycott the internet.

Sure would make the DNC's job easier.

socalv8  posted on  2011-07-18   4:04:38 ET  Reply   Trace   Private Reply  


#108. To: Godwinson (#104)

There is no change in my story.

You clearly did, Godwinson. Admitting mistakes is a trait you share with Obama.

socalv8  posted on  2011-07-18   4:06:19 ET  Reply   Trace   Private Reply  


#109. To: socalv8 (#106)

Fake, profit hating Americans should insist on walking only on them there communist hiking paths.

That doesn't make sense.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-18   8:43:43 ET  Reply   Trace   Private Reply  


#110. To: lucysmom, socalv8 (#109)

We commies can walk on trails and drive on highways since they are both built and maintained by communist tax dollars.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-18   8:58:56 ET  Reply   Trace   Private Reply  


#111. To: Godwinson (#110) (Edited)

We commies can walk on trails and drive on highways since they are both built and maintained by communist tax dollars.

And we can enjoy ourselves because we're not consumed with bitterness.

Let's not forget our socialist sidewalks, sewers, and home invasion by socialist water.

Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.

lucysmom  posted on  2011-07-18   10:51:54 ET  Reply   Trace   Private Reply  


#112. To: lucysmom (#111)

And we can enjoy ourselves because we're not consumed with bitterness.

I think the "socialist" canard is used to hide the fact that blacks are allowed to walk on the same side of the streets as whites, so these GOP-tards want to get rid of the sidewalks.......

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-07-18   10:56:07 ET  Reply   Trace   Private Reply  


#113. To: lucysmom (#109)

That doesn't make sense.

Nor does your post that I was mocking. Socialst roads?

socalv8  posted on  2011-07-18   12:44:45 ET  Reply   Trace   Private Reply  



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