Search found 40 matches

by gaddyslapper007
Tue Apr 30, 2019 8:47 pm
Forum: Gold
Topic: Time to Return to the Gold Standard?
Replies: 57
Views: 9533

Re: Time to Return to the Gold Standard?

If you think coming up with an alternative form of money will bring liberty you are seriously deluded and need to read more history...power will come to it and take it over. Those guys are normally the ones with the biggest rocks, spears, guns etc. Is gold not an alternative form of money to the US...
by gaddyslapper007
Tue Apr 30, 2019 9:29 am
Forum: Gold
Topic: Time to Return to the Gold Standard?
Replies: 57
Views: 9533

Re: Time to Return to the Gold Standard?

All forms of money have value solely because people believe it does, including gold. One of the best, most innovative podcasts I've very listened to is Freakonomics "Why Gold?" Highly recommended. no doubt....value only lives in our (people's) collective mind. Competing currencies to the US dollar ...
by gaddyslapper007
Thu Feb 28, 2019 8:27 am
Forum: Gold
Topic: The GOLD scream room
Replies: 2945
Views: 637578

Re: The GOLD scream room

Can you elaborate more on the comment about gold ETFs having insufficient reserves? I've been wondering for quite a while about the wisdom of trusting them, but they claim to be fully backed up by physical gold. Perhaps rehypothecation?.....I heard on podcast a while back where this issue was more ...
by gaddyslapper007
Wed Feb 27, 2019 4:06 pm
Forum: Gold
Topic: The GOLD scream room
Replies: 2945
Views: 637578

Re: The GOLD scream room

As long as Central banks print money to cover bad debt and buy gold reserves ....gold will still have its place imo. I've always found that interesting about non-gold believers…how they gloss over the fact that banks print funny money (for the people) and buy gold for their reserves!? If central ban...
by gaddyslapper007
Fri Feb 01, 2019 9:37 am
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

I've always found it a little weird that Bitcoin could both serve as cash and as a wildly speculative investment. I just figured that it was going to have to stabilize before it could mature into a legit cash vehicle. Sad to have missed the initial joyride though! Yes I agree. Exactly! Bitcoin pric...
by gaddyslapper007
Thu Jan 31, 2019 3:18 pm
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

One example: a Beijing student was protesting sexual harassment and Censors banned the shorthand characters used for PKU, but some internet users were able to share the letter by covert methods, including archiving the story with unalterable blockchain technology and spreading the word with flipped...
by gaddyslapper007
Thu Jan 31, 2019 3:14 pm
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

It has nothing in common with either gold or cash other than that some people believe it has value, which can be said of virtually anything else as well. YES!.....exactly!....nothing has value as a universal law....(the universes doesn't give a **** about any of this or your personal rights to life...
by gaddyslapper007
Thu Jan 31, 2019 11:42 am
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

I won’t be buying it myself, but I am still very interested in blockchain. I am curious to see how bitcoin and other crypto currencies fare in the coming decade. As for small debts, my friends and I use Apple Pay Cash. Love it. What about blockchain intrigues you?....(other than the function it pal...
by gaddyslapper007
Thu Jan 31, 2019 8:57 am
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

VP puzzle, you mean. yes....I certainly don't recommend it stand along side Bonds, Gold, Stocks and Cash equally. I encourage learning about it, buy enough that you can afford to lose....use it where accepted, send / receive to friends to settle small debts / credits. (Peer to Peer)…..and hopefully...
by gaddyslapper007
Wed Jan 30, 2019 11:00 pm
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

For anyone interested in learning about bitcoin Andreas Antonopoulos is great source. This is just one video of speech he gave that I plucked from a google search. https://m.youtube.com/watch?v=ONvg9SbauMg&feature=youtu.be If you never challenged your opinion of bitcoin I ask that you at least give...
by gaddyslapper007
Wed Jan 30, 2019 10:32 pm
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

For anyone interested in learning about bitcoin Andreas Antonopoulos is great source. This is just one video of speech he gave that I plucked from a google search. https://m.youtube.com/watch?v=ONvg9SbauMg&feature=youtu.be If you never challenged your opinion of bitcoin I ask that you at least give ...
by gaddyslapper007
Wed Jan 30, 2019 7:10 pm
Forum: Gold
Topic: Bitcoin investors are running from the crypto to invest in gold
Replies: 43
Views: 8403

Re: Bitcoin investors are running from the crypto to invest in gold

I'm sure Bitcoin will come roaring back soon! Just like Beanie Babies! ;) I’m not sure about soon.....my speculation (let’s see how this ages for the sake of fun)....~September 2019 will start a real slow boring new bull run....(bitcoin is dead in the news stories continue).....then mid 2020 will s...