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Old 05-02-2012, 12:09 PM
SuperMod SuperMod is offline
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Thumbs up Return to Gold Standard Would Push Gold to $10,000/oz - "The Golden Revolution"

Return to Gold Standard Would Push Gold to $10,000/oz - Interview with John Butler, author of "The Golden Revolution"

With "The Golden Revolution", author John Butler provides us with an indelibly strong case for a return to the gold standard. What's more is that Butler takes it a step further, and provides us with a plausible and realistic way of actually doing so. Joining us to discuss this further and expand on the implications of such move is the author himself, John Butler.


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Old 05-02-2012, 12:28 PM
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lubbad lubbad is offline
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Default Right

I respected his knowledge of history and his rational response. And I think he is right in his interpretations.
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Old 05-04-2012, 02:04 AM
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even goin back to the roots with paying by gold ....willl never ever create such demnd for gold ...we had in history crazy prices for black tulips...but it was a history...such a price of gold may only create hiper inflation which will spread worldwide.......
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Old 05-05-2012, 04:33 AM
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Before even if you think to go back to Physical Gold Standard all the paper holder will try to redeem, that will push @100 to 1 ratio paper to Physical Gold to 160,000.00 easy! Maths does not lie at today price! You have to add all other so call derivative and leverage deal been going on for so long without any backing!


Is not rocket science, once you see the light!
If a $ 0.02 cents paper can worth $100.00, $1600 Physical Gold can worth a lot more!!!!!: )
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A barrel of oil yesterday, is still a barrel today and a barrel of oil tomorrow, not one drop of inflation.
An oz of gold yesterday, is still an oz today and will be an oz of gold tomorrow
A dollar yesterday, ten dollars today and hundred tomorrow.
Paper Gold the ultimate philosopher stone. just take delivery for a week every September,To keep them honest.

Last edited by GoldNuggetBug : 05-05-2012 at 04:42 AM.
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Old 05-08-2012, 03:18 PM
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Mad666 Mad666 is offline
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Quote:
Originally Posted by GoldNuggetBug View Post
Before even if you think to go back to Physical Gold Standard all the paper holder will try to redeem, that will push @100 to 1 ratio paper to Physical Gold to 160,000.00 easy! Maths does not lie at today price! You have to add all other so call derivative and leverage deal been going on for so long without any backing!


Is not rocket science, once you see the light!
If a $ 0.02 cents paper can worth $100.00, $1600 Physical Gold can worth a lot more!!!!!: )
you are partly right....what has happened with backing cds' es ? simply one day they say your deal is worth nothing as delivery is immpossible...what happens when all wonna cash from a bank? bank is closed ))))

gold and all comodities will go up just when real inflation will cover all world....and we all pay for leverage deals ...not they.
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Old 05-09-2012, 03:16 AM
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here is what's happening behind the scene.

http://www.silverdoctors.com/jim-wil...ause-guidance/

the gold price will rise when the East is satisfied with their gold raids in the current round
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