Posts by Patrick Moore3

Funny how the cartels always take the fall for sudden price crashes... but never for the massive spikes... even though those happen just as often on the CME Group 😁

Come on, take the joke for what it is... 😉

There's no point arguing anymore anyway... You guys think Gold is money, but for us, it's just commodities, and we aren't budging! Even if we go in circles a hundred times, nobody changes their mind... So why not just have a little fun with it? 🙂

Brothers in Gold and Silver. It’s coming. That day when the DJIA hits parity with Gold, when the gold-to-silver ratio drops to <15... All this fiat stuff? Gone. Just poof. Only real money will be left standing... Gold and Silver! They try to tell us our money is in a bubble, but they've got it backwards. How can Gold and Silver be in a bubble? They don't get it. They aren't built to understand. But the day is close. It's right there on the horizon... and once again, the world is gonna see what real money actually looks like. So stay steady, brothers... keep stacking those ounces and remember... at the end of the day, it's all about the ounces. Because Gold and Silver are the only REAL money. Everything else is just fake.
Amen

🙂

Paul Edwards said:If that’s really how it works, then I guess the smartest move is to just buy everything locally here in America to support the domestic economy, even if the whole thing is mostly just driven by keeping the tax coffers full....

What local economy? You mean those shady import-smuggling outfits like big corporate monopolies out of Chicago or whatever?
I can't imagine buying anything here just to fund those crooks who sell us cheap, second-rate junk.
...besides, the government gets its sales tax either way.

When you’re buying a brand-new car—say, under a year old—nothing actually changes. Sales tax and all those registration fees? You pay them right here in the US where the car gets its plates.
So you'll still be dropping about $42,000... plus an extra couple percent for sales tax, and who knows? Maybe the Holy government decides to slap an extra green tax on top of it all!

And if you pick up a used ride from out of state... you just bring it home and register it like any other local purchase. Bottom line? We'll keep paying a premium for new cars, but we won't for those beaters. We might end up just like Romania or Bulgaria—turning the whole country into one big scrap yard for the rest of the USA.

Gold’s been climbing on the NYMEX for months while dropping everywhere else... it's pretty obvious who's been pulling the strings now.

For the last couple of weeks, there’s been this massive push on the NYSE to pump gold prices... meanwhile, everywhere else, things are just flatlining or dropping.
People are throwing around talk about QE3 just to try and flip the current trend...

Let Ben break it down for you:
http://www.youtube.com/watch?feature...eKcWAEs#t=229s

Anthony Evans78 said:I don't have a crystal ball to give you a straight answer. But we all know how this goes. Why did they get the money in the first place? Because they’re insolvent, broke, or just plain out of cash—call it whatever you want. You really think they can stay in business by constantly getting handouts from the Federal Reserve? That's not how banks operate.
UniCredit hasn't fixed a single one of its issues. They basically got a free pass to delay an inevitable collapse. What we're looking at right now is zombie banking: dead, but still walking. The fact that the funds came directly from the Federal Reserve instead of through interbank lending tells you everything you need to know. Why? Because nobody trusts anyone else anymore; they all know exactly how bad things are. It's just a matter of waiting for someone to shout "Carl is king!" and then it's game over.

😂
That's literally what the CB is for 🤣

Amanda Allen4 said:Fine by me. Money can be printed in infinite quantities at almost zero cost—or, if you want to produce it even cheaper while actually protecting resources and the environment, a simple electronic pulse does the trick.

And just like that, the problem's "solved"... Flooding the system with "unlimited" cash just makes that money as worthless as all the debt backing it!

The big issue with everyone shielding the banks is this:
- they act like they can operate without any risk, assuming every single loan they hand out is a guaranteed payday
- they think market laws don't apply to them and that they're basically "too big to fail"

Everyone else deals with risk, so why shouldn't banks? If they lend money to someone who can't pay it back—doesn't matter if it's Greece, Italy, or America—they need to face the reality that the money might be gone. Just like a regular guy who's already been bled dry by collectors. Also, if a bank goes under, sure, investors who thought they were playing it safe lose out. That's impossible to avoid. But honestly? When one (or a few) banks collapse, it just clears the way for new players who'll actually be smart with their capital. Until that happens, nothing really changes...

Countries are already drowning in debt—why would we ever bail out banks again? When is enough going to be enough? When will people finally snap, rush to the banks to pull their savings, and just stop paying off those loans? Who’s actually going to step in to save the banks from collapsing then?
...nobody. At that point, they'll finally get a taste of real capitalism, and the market will just do what it does best: correct itself.

Kraft Foods is served at the pub for like 10 bucks$4.00... just like Coca-Cola...
Who’s actually crazy enough to go out and buy that Coca-Cola stuff anyway?
I'd much rather just hit up a local bar and drink it in peace...