Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."


Get Daily Updates of the NEWS & GURUS in your EMAIL
CHECK YOUR EMAIL for VERIFICATION

Enter your email address:

 "Raging Bull" by MenoReno (the gurus from pushing this stuff?) 2/14/20 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

"Raging Bull" by MenoReno (the gurus from pushing this stuff?) 2/14/20

Go down

 "Raging Bull" by MenoReno (the gurus from pushing this stuff?) 2/14/20 Empty "Raging Bull" by MenoReno (the gurus from pushing this stuff?) 2/14/20

Post by RamblerNash on Fri Feb 14, 2020 11:24 pm

Well, they are at again, folks.

Our favorite gurus are making claims and trying to get us all goosed up and ready for the RV to happen over the holiday weekend, with us in the bank by Tuesday.

Now, MarkZ had predicted something big would happen Wednesday. I must have missed it. He still thinks something big happened, maybe that the markets moved to asset-back stocks.

Let's see. Market capitalization of the NYSE is currently just over $30T, and the NASDAQ's is just over $11T. So, what assets do we have that can back $41T? Certainly not gold. Our reserve of 8100 mt is only worth $400B.

And forcing the markets to go asset-backed would kill the IPO business. Companies go public to raise capital for developing their products and expand their client base. If they needed to back their stocks with assets first, that would probably prohibit them from going public.

Others are suggesting Trump signed the Gold Treaty. If he did, he was the only one. As I explained before, the original purpose of the Gold Treaty in the 90s was to curtail the central banks from selling off their gold and driving down its value. 

But times have changed, and the banks are now buying gold, so when the last five year period ended in 2018, nobody renewed it because it was no longer necessary.

Of course, these facts won't stop the gurus from pushing this stuff. I don't know who their sources are, but considering their track record, I'm not planning on being in the bank on Tuesday.

MenoReno
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 17768
Join date : 2015-02-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum