Randgold Ads Discussion Threads

[k mon] 24/4/2024 21:39

WW1..
WW2...
Korea
Vietnam
Middle East (repeatedly)
Israel
.. etc .. etc .. etc..

But no-one stops & thinks ..

Where does all the money to pay for it all .. actually come from..?

[k mon] 24/4/2024 21:37

mr.elbee24 Apr '24 - 16:20 - 283456 of 283467
0 0 0
so why was gold never a reserve currency for the last 100 years?

====================================

Because a Gold backed currency ... Limits the amount that can be spent on War..

.. much easier to 'Create' a 'Currency'... which is Created by & Backed by an 'Opinion'.. That way .. you have an un-limited supply of currency .. because there are so many 'opinions' about..


.. Thus .. you start a 'system'.. of Endless War..
because everyone thinks their Opinion .. is Right.. so everyone in all
societies .. spends all their time fighting .. working and paying .. the system.. That perpetuates ever increasing levels of War..

Because it's Profitable ...

perfect ..

[peterbarnes35] 24/4/2024 20:37

itisnot so much gold going up but rather currency devaluing, and with the amounts of debt there is then currencies have much further to fall, and likewise gold has to rise * and the same could be said for silver?.

[alligator2023] 24/4/2024 19:12

correct, people are so used to freedom, they take it for granted. young people in particular in the west are so stupid they thing that freedom is defined by their right to have an abortion. they are the nonces supporting the demoncrats and labour.

[mr.elbee] 24/4/2024 19:04

according to a very elderly Spaniard I met , who came to the UK to escape Franco, the reason the US and the UK are the most stupid[plebs wise] is that virtually every other country worldwide has had regular revolutions/dictatorships/suspension of civil liberties and so on... and so every where else they doubt... always doubt... what the rulers say

look at the vax take up in Africa about 1% on the Gold Coast and here? and Canada? and OZ? and the US?

this Spaniard said although he was very grateful to be here, and wanted to show that gratitude by being a good UK citizen, the fact is that we and the Yanks are so soft it isnt true and only the horrors we have had ,and will have if we go on like this, will toughen us up

something to think on?

[pvb] 24/4/2024 18:48

...LOL!

In his "opinion". Right! :-)

[alligator2023] 24/4/2024 18:47

🚨Biden Whistleblower Mike McCormick (@JoeUnauthorized) unveils the CIA was behind the release of Covid:

“The CIA, in my opinion was behind it—they set up this research alliance with China.”

[pvb] 24/4/2024 18:04

"They'll say up is down, black is white lies are truth and war is peace in their relentless efforts to manage our perception of reality."

In my experience, many already do, on here and elsewhere on ADVFN. ;-)

[excellance] 24/4/2024 18:03

They'll give "us" enough to keep us quiet while taking as much as they can without causing "us" to rise up.
They'll say up is down, black is white lies are truth and war is peace in their relentless efforts to manage our perception of reality.

[pvb] 24/4/2024 18:01

excellance 24 Apr '24 - 16:37 - 283457 of 283459

You obviously can't send gold bars anywhere digitally, but nobody needs to. Anyone can buy paper contracts for ownership of gold and never actually take delivery. This is 99% of gold trading these days.

So how does that work, day-to-day, with "money"? Obviously you could have a currency 'backed' by gold, so... back to fiat!

[pineapple1] 24/4/2024 17:49

Seems like the UN want this and those pulling the strings in the background.
Why so many believe that this could not happen and that the elite love and adore the plebs is incredibly odd.
Many believe that they are so important and the world cannot function without them.
Especially women who have been indoctrinated with this nonsense about don't settle for anything. Know your true worth.
Well Karen your true worth in the eyes of the globalists is less than that of a dung rolling beetle. The globalists will act accordingly.
imho

[mr.elbee] 24/4/2024 17:39

your last sentence is spot on

[excellance] 24/4/2024 16:37

You obviously can't send gold bars anywhere digitally, but nobody needs to. Anyone can buy paper contracts for ownership of gold and never actually take delivery. This is 99% of gold trading these days.

However, gold can be sent, via post for small amounts, or by battleship for large quantities, but it takes time and costs money.

As for fiat reserve currencies, they rely on having a trustworthy currency, and since the USA EU and UK have decided on sanctions including confiscations they have totally destroyed their credibility.

BRICS are working on a basket of currencies, commodities and digital, and it will be interesting to see the USA nuke them all.

[mr.elbee] 24/4/2024 16:20

so why was gold never a reserve currency for the last 100 years?

[pvb] 24/4/2024 16:19

lefrene 24 Apr '24 - 15:06 - 283452 of 283454

savogi, gold does not require electricity or complex machines in order for it to exist, or for it to be used in transactions, neither is it traceable. It's real, none of the electronic fiat tokens are real, they only register if power and electronic devices are functioning. Bury a smartphone, and dig it up 50 years later, it won't be good for much, and the electronic digits it once held the key to, quite likely will no longer exist. Gold IS money, the other currencies ride upon it's back. Hence the BRICS organisation knows an enduring fungible trading unit has to be backed by gold.

We shall see how it evolves, and if it replaces the Dollar for international trade across Europe as well as the BRICS.

Err... It won't. Simples. ;-)

Why not? Because, how do you send gold bars over global communications systems? Think about it...

Sigh! Why is this even a question? Why does this even need to be pointed out?

[geckotheglorious] 24/4/2024 16:15

58 mins Pete.

A precis if you please s'il vous plait.

[lefrene] 24/4/2024 15:06

savogi, gold does not require electricity or complex machines in order for it to exist, or for it to be used in transactions, neither is it traceable. It's real, none of the electronic fiat tokens are real, they only register if power and electronic devices are functioning. Bury a smartphone, and dig it up 50 years later, it won't be good for much, and the electronic digits it once held the key to, quite likely will no longer exist. Gold IS money, the other currencies ride upon it's back. Hence the BRICS organisation knows an enduring fungible trading unit has to be backed by gold.

We shall see how it evolves, and if it replaces the Dollar for international trade across Europe as well as the BRICS.

[john nada] 24/4/2024 14:41

British local councils keen to sell the family silver now to help balance the books.

Quite literally. Everything must go....

[peterbarnes35] 24/4/2024 09:30

Six Lessons from Ludwig von Mises to Address Modern Economic Challenges

[peterbarnes35] 24/4/2024 09:02

Extra ordinary popular delusions and the madness of crowds?

[john nada] 24/4/2024 08:35

I don't think holding is really for you excellence. Let me know what you want to sell and I'll make you an offer.

[excellance] 24/4/2024 01:08

Why else do they insist on identity if you buy over £5k worth of gold if not to CONFISCATE it?

[excellance] 24/4/2024 01:06

Gold has been confiscated in the past in exchange for government paper.