Did you forget something?
The replies to that tweet are fantastic.
>She being treated like bigfoot now.
>This motherfucker gets it
facepalmsigh
The second someone says the gold/silver prices are suppressed you should just tune out everything else from them.
Prices can be manipulated up or down for short periods or time. But the producers will always adapt. If it's held low then mine will become unprofitable, supply will drop, and then prices will rise. If prices are held high then more will be mined and the glut will push the price back down. Prices are manipulated to create exploitable cycles. But the claims from the YouTube cottage industry of metals prognosticators promising that metal prices will shoot to the moon as soon as the evil price suppression conspiracy inevitably collapses are just part of a get-rich-quick scheme exploiting morons who don't understand the very basics or economics.
No, I don't want to argue.
> because of some shit they read.
Most of what I read is from people saying that metals prices are suppressed. But it's simply not logical that such a state could be held for years or decades.
>1. Fiat currency will continue to be used as Medium of Exchange.
>2. Gold will be used as Store of Value.
>Under FreeGold, gold is reintroduced as Store of Value but without being tied to fiat.
This sounds exactly like the current system.
http://hugequestions.com/Eric/Neanderthals/More-Neanderthals-4.html
Well put.
>if they do not return this gold to the country… the trust in banking systems will be even further eroded.
I don't thin kit will. This is not a normal situation. Everyone, including those whose thrust there is to erode, understands that Maduro is only going to waste it to propping himself up for a few months longer. But he's doomed by his own incompetence. It would be better for him to fail sooner and leave some assets to the next, hopefully more competent, government to use to rebuild the country. The bank refusing to let then withdraw the gold is highly irregular. But the whole world understands that it's for the good and future of the Venezuelan people.
>1 oz of gold will be a lifetime's worth of wealth storage for most people post rv
So then I can go out to a little mountain stream somewhere and pan an ounce of gold over the course of a week and then retire! Sweet!
/sarcasm