Well, if you don't offer people a way to donate, your chances of receiving any donations are pretty low...
Exactly, I guess everything we buy at the supermarket, cars, Tv's, water, etc we buy at cost price (not). Problem is this article will 'make sense' to a lot of people.
No, the value in gold is the value that we all choose to assign to it. You can measure the value of gold in what ever currency you want. Food, energy, dollars whatever. It only has value because we assign it value. We don't need it. In fact, its because we don't need it, that we can use it as a ready medium of exchange. We give away something we don't need for something we do.
The blogger has some interesting ideas, would love to hear an interview of the blogger with SGT Bull.
It's funny, it could be exactly the thing to convert the gold/silver haters. They love the site, and then start seeing flaws. A bit like reverse psychology.
All we need now is someone to play the fool with a parody on Australian Real Estate. Edit: Apologies to NonRecourse (aka NeverEndingRhubarb, aka NarcisticRecalcitrant...), he is already doing a fine job.
Saving is the truth of the matter, not hoarding. Your concern is valid if you refer to printing unlimited fiat, in order to place unlimited leveraged longs, to achieve an infinite price. Comparing like with like, naked shorts (no metal) with naked longs (no cash) is a more appropriate comparison. Paper pretentions cannot be compared to honest wealth - a fully paid for tangible asset. Pretention : A claim or the assertion of a claim to something. An aspiration or claim to a certain status or quality.
Saving would be the truth of the matter if that was the purpose of all stackers. But many of them openly admit that is not their purpose. I have read on this forum countless cries of "buy phys and bring down JPM!", or "silver to da moon", or even suggestions of a group buy of phys by taking delivery of a long futures contract to "start the domino effect". But alas, after the call to arms fails to see price move in their favour, stackers inevitably blame the "cartel" for their misjudged investment decision, or unfavourable price moves. When price moves up, however, it is attributed to the genious of stacker philosophy - a philosophy that is apparently blatently obvious to all with half a point of IQ, and only not apparent to the dumb sheeple.
"It shows a US Dollar which has been in a bear market for some 100 odd years. No bear market lasts forever ..." I think that is one of the funniest lines he has.
Reminds me of that dolt US girl reporter who just didn't get it when she was criticised for announcing 'Gold is backed by nothing' - or Warren Buffet when he said 'Gold is for losers' (or something similar then send Charlie Munger out to buy a gold reclamation & scrap business...) or... or... or... gosh there's so many to choose from lolol! x
You have to admit that the "hypocrisy" accusation above is rather clumsily constructed however that being said the "element of truth" in it simply is that if you believe that gold and silver prices can be/are manipulated down you must also accept that prices can equally be/are manipulated upwards. Why can't the mechanism work both ways? It's the old fitting-of-results-to-suit-ones-theory/narrative trap. Is anyone really willing though to claim that we are witnessing honest "price discovery"?...
