United States presidential election, 2008 [NSR]

Discussion in 'Colombia' started by minus, Sep 5, 2008.

  1. Alonso#13

    Alonso#13 Member

    Feb 21, 2007
    New York City
    True that food,guns & ammo, supplies are more useful in a cataclysmic event but lets face it we have always used gold as a demonstration of wealth and it is probably the standard when it comes to non-consumable currency. All I am saying is that Gold is worth more than any fiat currency and if we had a gold standard our economy would be in better conditions
     
  2. dapip

    dapip Member+

    Sep 5, 2003
    South Florida
    Club:
    Millonarios Bogota
    Nat'l Team:
    Colombia

    The Spaniards had plenty of gold (robbed from the Americas) and at the end their economy collapsed due to inflation and lack of real competitive advantages.. The richest country in the world for almost 3 centuries gave pass to England as the world superpower for the next two...
     
  3. hanzellmo

    hanzellmo Member

    Feb 25, 2007
    Bogota
    Club:
    Manchester United FC
    Nat'l Team:
    Colombia
    [​IMG]

    OMFG so much riches.

    Do you people even read what you type? what gives gold its value? are sure it isn't just people still believing its got some default value and willing to pay said value for it?

    Please give me an example of the value of gold and don't say its shiny that much is clear on the pic.
     
    dapip repped this.
  4. pepinointer

    pepinointer Member+

    Mar 12, 2007
    Santiago de Compostela
    Club:
    Millonarios Bogota
    Nat'l Team:
    Colombia
    Flavor Flav!!!! [​IMG]
     
  5. hanzellmo

    hanzellmo Member

    Feb 25, 2007
    Bogota
    Club:
    Manchester United FC
    Nat'l Team:
    Colombia
    Also if you are really looking for something that doesn't lose value you are looking the wrong way.

    [​IMG]
     
    minus repped this.
  6. TheAnswrto1984is1776

    Jan 21, 2012
    New York
    Club:
    FC Barcelona
    Nat'l Team:
    Colombia
    The reason why gold is used to back a currency is because is finite and it forces a government to not be able to print more money than the amount of gold they possess in the treasury. It is a way to make sure a currency does not get inflated and cause a currency collapse. When hyperinflation hits one gold coin is going to be worth a large bag of money, which one would you prefer to carry? Like in Ecuador before the Sucre collapse a loaf of bread was worth a large stack of bills, that is where the dollar is heading. Like Lindsay Williams says, gold is money and everything else is just paper and whatever is printed on paper is worth the paper it is printed on. To answer your question about what gives gold its value, its the elite. The Rockefellers, the Rothchilds, the Carnegies and the 13 families of the illuminati and their minions use gold as their currency and therefore are the ones that give gold its value. They know how finite gold is and that is the reason they got our currencies away from the gold standard in order to be able to collapse the economies of the world and create a one world currency. That is the reason banks hold gold bar and give us worthless paper, it is a form of slavery and control and if you own gold then you are free from the control of global bankers and the New World Order. Gold has always maintained its value and it will never lose its value as long as it remains a finite resource, which is not the case with graphic calculators which will be replaced with a new technology which will make them obsolete.
     
  7. TheAnswrto1984is1776

    Jan 21, 2012
    New York
    Club:
    FC Barcelona
    Nat'l Team:
    Colombia
    And you think the monarchy of Spain shared that wealth with the people of Spain? They remain very wealthy and they could care less if people in Spain starve to death. The Spanish economy was collapsed by design once they entered the euro and the bankers began to leach their wealth away just like in the USA. You still got this trendy answer to everything "its because of lack of real competitive advantages" without realizing the global bankers have made it that way in order to collapse the economies of the USA and Europe by design. The Greeks see this and that is why they have revolted against the bankers and if they succeed they will begin the destruction of the banking mafia called the elite aka "illuminati".
     
    Alonso#13 repped this.
  8. dapip

    dapip Member+

    Sep 5, 2003
    South Florida
    Club:
    Millonarios Bogota
    Nat'l Team:
    Colombia
    And they yet fail to see the flaw of this....

    In other words.... If Gold is finite, you are saying there's only so much money that can be printed? If there is a hyperinflation, do you think that Gold wise, the prices will remain the same?

    Gold was chosen as a coin for its properties (ligth, does not corrode, it is easy to melt and is shinny) but before that and after that other metals have been used like silver and cooper. Gold is basically the same as printed money, its value is given by people accepting the exchange rate. The intrinsec value of gold (for its rarity or usefulthes) is not better than Rhodium, Osmium or Iridium, as a matter of fact, propably the metals in your cellphone are worth more than it's total weight in gold...

    http://blogs.smithsonianmag.com/science/2011/08/what-is-rarer-than-gold/


    Maybe we should ask the Federal Reserve to back the money with Rhodium....:rolleyes:
     
  9. Alonso#13

    Alonso#13 Member

    Feb 21, 2007
    New York City
    Im not sure what time frame you are talking about...
     
  10. Alonso#13

    Alonso#13 Member

    Feb 21, 2007
    New York City
    If you dont get the value of gold maybe this current Yahoo article can show you what you are looking for, http://finance.yahoo.com/news/gold-continues-climb-traders-wary-105421766.html?l=1 , As more corrupt politicians continue to accept the bail out/austerity demands of the corrupt central banks currencies will continue to devalue. What i think people do not understand is that gold doesnt increase in value, it NEVER does what happens is that our FIAT PAPER MONEY LOSES VALUE meaning we need more of it to buy gold.

    Its simple, ask yourself... what gives people power/control? MONEY!!! Central bankers/ Elite families know this so they are collapsing the world economy so they can try and bring in a universal currency aka CONSOLIDATE POWER. Whoever controls the money, controls the masses. Dont believe me? just look up the many different alternatives our "chosen" leaders have been experimenting with, the SDR currency being the most popular....
     
  11. TheAnswrto1984is1776

    Jan 21, 2012
    New York
    Club:
    FC Barcelona
    Nat'l Team:
    Colombia
    The federal reserve does not back the dollar with anything, their only mission is to collapse the dollar in order to bring in the world currency. The elite chose gold as their currency and that is why banks hold it in their vaults. We are living in the elite's world, they demand gold and because of that it makes it high in demand. Your choice is between worthless paper that soon will be as valuable as toilet paper or gold which has never lost its value and never will.
     
  12. dapip

    dapip Member+

    Sep 5, 2003
    South Florida
    Club:
    Millonarios Bogota
    Nat'l Team:
    Colombia
    The estimated amount of gold in Earth is 1,555 metric tons. which are equivalent to 49'995,177
    troy ounces of gold. At $1, 622 per ounce, that gives us a total of $81,103'128,958 worth of gold in the world. So is that the ultimate value of the world economy? Do you expect that if you had all the gold in the world you'd be able to buy every item and service available to humanity? Furthermore, if someone or a country or corporation was able to hoard all the gold in the world, chances are, that it would be replaced by something else.

    Gold is a convention, not much different from paper money. It derives its value from people accepting it has value, but has little to do with it's actual usefulness, other than jewelry and electronics. Paper money is less useful (you can sip cocaine or wipe your SS, or light your cigar) and usually not as pretty, but at the end it derives its value from people accepting it and recognizing the strength of a government and/or an economy.

    Intrinsic value of these two items is very low compared with rare metals (scarce) or oil (energy) or food. The only reason there is value in gold is because we give it to it.
     
  13. TheAnswrto1984is1776

    Jan 21, 2012
    New York
    Club:
    FC Barcelona
    Nat'l Team:
    Colombia
    What are you talking about, a barrel of oil is only like a $100 dollars, gold is the highest priced precious metal in the market http://www.kitco.com/market/, like I said before you have no clue what you are talking about. The elite give gold a lot of value and whatever they do I do because they are the gatekeepers.
     
  14. dapip

    dapip Member+

    Sep 5, 2003
    South Florida
    Club:
    Millonarios Bogota
    Nat'l Team:
    Colombia


    Master Blaster does not own shinny stuff.... :rolleyes:
     
  15. TheAnswrto1984is1776

    Jan 21, 2012
    New York
    Club:
    FC Barcelona
    Nat'l Team:
    Colombia
    This is a movie, show me an example in the history of the world where gold is not the most sought after precious metal in the world. That is the reason the Spaniards offered the naive native americans mirrors for their gold. Same situation now, the bankers give you worthless paper and they hoard all the gold.
     
  16. hanzellmo

    hanzellmo Member

    Feb 25, 2007
    Bogota
    Club:
    Manchester United FC
    Nat'l Team:
    Colombia
    Well, this is stupid.

    Go buy gold, get rich with its invariable value.
     
  17. hanzellmo

    hanzellmo Member

    Feb 25, 2007
    Bogota
    Club:
    Manchester United FC
    Nat'l Team:
    Colombia
    Didn't you just answer yourself here?
    In case you don't see it, natives didn't have mirrors, but they had tons of gold, in fact they had so much gold they used to throw it away in ceremonies.

    That means gold had no value to them.
     
    ryu79 and dapip repped this.
  18. Alonso#13

    Alonso#13 Member

    Feb 21, 2007
    New York City
    Ok just so we get things straight what I am saying and what im pretty sure 19841776 is saying is that Gold doesnt have any value, matter of fact anything that is not required for survival does not have a value EXCEPT for the value that we give it. Now the main point I am putting across or at least trying to in regards to gold as a currency is that throughout history, gold has been regarded as valuable. Hopefully you are still with me...gold just like fiat paper money does NOT have any value except for what society attributes to it, Now the reason gold is a better currency is because it is something that is tangible unlike the dollar that is printed out of thin air with no value except for that which is printed on it. But gold is besides the point, my main reason for posting is this: Presidential elections are trivial, it does NOT matter who you vote for because the real decision makers are the people who control your money supply. The central banking elite that have manipulated all of us into believing that the paper money we use is actually worth something when its not even worth the paper it is printed on.
     
  19. dapip

    dapip Member+

    Sep 5, 2003
    South Florida
    Club:
    Millonarios Bogota
    Nat'l Team:
    Colombia
    So basically you conceded, flip flopped but still are correct.... :rolleyes::ROFLMAO:
     
  20. hanzellmo

    hanzellmo Member

    Feb 25, 2007
    Bogota
    Club:
    Manchester United FC
    Nat'l Team:
    Colombia
    those sneaky dollars, defying physics rules and stuff.
     
  21. Alonso#13

    Alonso#13 Member

    Feb 21, 2007
    New York City
    I didnt flip flop, i leave that to Obama. In none of my posts did I say that the value of gold is definite or fixed. On the contrary...I have repeatedly stated that there are more valuable things than gold its just that the price of it is constantly fluctuating due to inflation of fiat currencies
    on the top right corner look at the five year gains of gold http://www.goldprice.org/
     

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