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Author | Topic: Testing The Financial Apologists | |||||||||||||||||||||||||||||||||
Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
Chilton was a strong advocate of strict govt regulation of the commodities market. Ate you saying govt regulation is natural market forces?
So you are ok with commodities you like soaring. Fuck people that invest in commodities other than gold and silver.The rest is unevidenced bs from your youtube fever dreams. What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
They live in places like Puerto Rico and they lve quite nice.
They live in Puerto Rico because there is an extremely poorly written law that allows them to live there tax free.
I examined the policies of Bart Chilton and how he forced JP Morgan Chase to pay a 900 million dollar fine for manipulating the COMEX
Chilton was a bureaucrat. He did not have policies, he enforced the policies of the current administration. Yes he pushed for rigorous enforcement of laws and regulations but they were not his policies. You examined nothing. You are not smart enough to understand this issue. Please provide source for the $900 million fine.
Logically, it is not universally known when our government will lose control of the dollar.
What does this even mean? Maybe you need to diagram the sentence in order figure out the meaning.What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
A 5% holding of anything is not going to do much of anything. Do you understand percentages at all?
Do you have any concept the fees in holding precious metals? What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
AddbyEdit: Precious metals are *not* an investment. They are an insurance policy.
Like Jesus? WTF does that even mean?What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
Regulation is not interference? Do you have any clue what you are yammering about?
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1
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Do you really think the only fees of holding actual precious metals are a safe deposit box? Obviously you have never owned previous metals. You don't go down to the store and buy a couple $100 worth of precious metals.
You cannot claim there is too much regulation, but then call for more regulation. Your ignorance is blaring.Look at China's debt. How do you think they are financing purchasing of hard assets? As for debt are you talking about govt debt or personal debt. You have been shown before who holds the vast majority of govt debt. I am.not going to bother explaining again. The Chinese are not a worry.Crawl back in your hole Chicken Little. Edited by Theodoric, . What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
Please show actual data about this gold moving to Shanghai
Provide actual data for this whole argument of word salad. What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
Mostly word salad, but also an exposition of ignorance.
Nothing in economics or finance us based off the value of gold. It is a commodity that can be manipulated. Central banks buy it because it has value and it's stability. Precious metals are not highly consumed, they do not burn and are easy to track. They are not the basis of an economy. Why were there no economic systems using gold as the sole currency and unit of account prior to the 18th century? What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
As always you do not respond to what is actually posted or answer any questions. This has nothing to do with your god, nothing to do with intuition. Economics and finance is not a gut feeling.
As you have decided to just spout bullshit, how about you crawl under your rock for a while. What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
So you are telling me that the "value" of fiat currencies is based only on the trust of the people?
Show where I said this. The troll is now resorting to strawman arguments.Can you explain how other countries buying gold is going to destroy the dollar and our economy. Explain the mechanism. How does the gold market influence the value of the dollar? Pay attention in the coming months
Is this before or after the Jesus dude is supposed to show up?What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
Stability in that an oz of gold will be an oz gold in 100 yrs.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
You are conflating different things as is the writer of the article. These countries are not acquiring more gold reserves. They are moving them physical assets. A weakening US economy will have the same effect on the gold whether it is in the US or elsewhere. The price of gold is a standard world wide. It is what it is. This article makes no sense and the link they provide is to an Arabic site that is unreadable.
I have no idea who the Houston Post site is. The newspaper by that name shut down years ago, 1995. I am not going to waste time determining if anything they have is factual. You have been warned many times through the years to vet your sources. What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1 |
Houstonpost.org was created on 04/24/2024.
Feeling stupid yet? Whois houstonpost.orgWhat can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1
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Well when you look at some of these countries, they may not have secure facilities. Also, I have to wonder when large quantities of gold changes hands how often does it change physical location.
A country buys a ton of gold. What are the costs of moving that gold? Especially moving it to another continent. It seems it would be much safer and cost effective to leave it in the US. Edited by Theodoric, : spelling What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.1
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Iranian frozen assets - Wikipedia.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up, why would you have to lie?
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