Anonymous ID: ca8055 Dec. 28, 2018, 3:48 p.m. No.4505669   🗄️.is 🔗kun   >>5769 >>5917 >>6109

>>4505568

> silver and gold and it has been unbelievably suppressed over the decades

It's impossible to sustain any manipulation over a long period of time. You could do it with gold for a little while, since it has practically no fundamentals driving its price. The silver market is small enough that investments banks can screw with it for sport. But most silver goes from mine directly to industry. So it's extremely difficult to wrestle the price away from the fundamentals for very long. Go ask the Hunt brothers about it.

The manipulation is done for short term arbitrage gains, not for any conspiracy to discredit precious metals.

Anonymous ID: ca8055 Dec. 28, 2018, 4:17 p.m. No.4506043   🗄️.is 🔗kun   >>6089 >>6098 >>6155 >>6277

>>4505568

>>4505615

>>4505652

>>4505769

If not for the fractional reserve system your auto loans and mortgage would run a much, much higher interest rate. You probably wouldn't be able to afford it. Most people wouldn't. Which means you'd have a much lower standard of living. And so would the builders, auto factory workers, and everyone else in the supply chain. Our whole economy, and the level or wealth you've grown accustomed to, are based on the ability to make temporary money out of nothing.

Look at the effects of the Fed planning on raising the interest rates on this money by a fraction of a percent. What do you think would happen if they decide to eliminate the process so that money could never be made in this way again at ANY interest rate?

There isn't even enough gold around to back all of the fiat USD in circulation. I worked out that we'd need 43 times as much as then US has in inventory to cover the M2 money supply as current prices. A shift back to the gold standard would simply be a MASSIVE giveaway to PM holders at the expense of total economic devastation. Ever since Q posted that comment about gold this place has been a circle-jerk of gold fondlers who think Trump will burn down the world so they can be kings of the ashes. That's not going to happen. How does anyone take this idea seriously?

Anonymous ID: ca8055 Dec. 28, 2018, 4:27 p.m. No.4506193   🗄️.is 🔗kun   >>6202

>>4506155

> The "dollar" lost 96% of its value since the Fed was created.

So? That's 2% per year. So one, certainly not the Fed, is suggesting using cash for long term storage. It's a short term medium of exchange. 2% doesn't matter.