I don't know what these people have been smoking but our dollar has not been backed by gold since the 60's so while I doubt all the gold is missing, ( I kinda think something like that would be hard to keep under wraps for 40 + years, I mean somebody would have spoke on their death bed) bottom line is there is NOTHING backing our dollar except faith.......Faith in the government and it's upstanding, loyal, unselfish, faithful devotion to you. I don't know about you but this makes be feel all warm and fuzzy inside, I think I will go sit the Social Security office and 'feel the love'
Well said, Duke. :)
ReplyDeleteRev Paul, Thanks my friend.
Deleteand that Faith is lacking.
ReplyDeleteMax, very true, thanks.
DeleteFiat currency is the single biggest lie ever perpetuated on man. The sad thing is that most people don't know that they've been lied too. It's the closest we've ever come to proving Abe Lincoln wrong about fooling everyone all the time.
ReplyDeleteDaddy Hawk, agreed and the sad thing even supposedly intelligent people believe it.
DeleteI think someone got into the medical pot again. Remember everything on the internet is true!!!
ReplyDeleteRob, no doubt.
DeleteIt's an imaginary currency, and becoming more imaginary all the time.
ReplyDeleteJane, All the more reason to own gold and silver. Thanks.
ReplyDeleteI think I will go sit the Social Security office and 'feel the love'
ReplyDeleteOh, I will. Fiat currency indeed.
Call me I'll go with ya to the SS office (packing of course)
DeleteThat gold belongs to China anyway because of our massive debt to them. We guard it for them for free.
ReplyDeletegreggbc
Anon, Hmmmm......maybe the Chinese are stupid if they think the dollar is backed by gold as well.
ReplyDeleteWell..I live right up the road from the "gold vault". As far as I know there have been only two non members of the federal reserve EVER allowed in the gold vault since the 1940's (they were in it in the 70's doing electrical work) They have both stated flatly for the record that they will never speak of what they saw in the vault(one of them died recently and took his secret to his grave). Not even the guards are allowed inside the vault or the "no lone zone" around the vault, and if anyone else has gone in it in the last 40+ years we will NEVER be told. NSA security has NOTHING on the Fort Knox Gold Reserve.
ReplyDelete