Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.

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

Enter your email address:

Penny for your thoughts  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Penny for your thoughts

+2
Kevind53
PALMER01
6 posters

Go down

Penny for your thoughts  Empty Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 7:32 am

I'm just throwing this out there to ask people if they could sum it up in as few words as possible why they think it will rv.. Lop... Or turn into toilet paper? Go....
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by alleyrose Sat Aug 03, 2013 8:51 am

Ummmm just because!

*****************
All we have to do is decide what to do with the time that is given to us.........~Gandalf~




Come visit me: www.alleysplace.net
alleyrose
alleyrose
Super Moderator
Super Moderator

Posts : 2851
Join date : 2011-08-24
Location : Australia

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by PALMER01 Sat Aug 03, 2013 11:50 am

We don't know anything. It could do any of the above. Time will tell, and then we will know. I am in until the end.
PALMER01
PALMER01
VIP Member
VIP Member

Posts : 1059
Join date : 2011-08-14
Age : 101
Location : ABOVE GROUND

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 2:45 pm

I am confident it will RV, the economic fundamentals just point that way IMO. However I am also a realist, and knew getting in that this was high risk. We prayed and felt it was good, so we invested. If it pays off, wonderful. I believe it will, and pray I am right, but if it does not, we will rejoice anyway, because we recognize that God is our only provider, not the dinar, not our jobs, nor anything else under the sun. God and only God is our provider, and God and only God will never fail us. So we will rejoice in His goodness and His provision whatever comes.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by doodoo Sat Aug 03, 2013 5:27 pm

It'll cost you more than a penny, andy....10k iqd, and you get my complete thoughts
Penny for your thoughts  3508649203

*****************
SENATOR DOODOO
Support Term Limits for US Congress
doodoo
doodoo
VIP Member
VIP Member

Posts : 1173
Join date : 2011-10-08

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 5:47 pm

From my point of view I am definitely a realist... Like taking risks as only risks pay off... However not normally to this extreme! I am a great believer that the elite..illuminati or what ever label you wish to give the cabal is firmly in control of this and it extends far higher than o, m, the IMF china okie or any other front for what really is going on in this world. When people say shabibi said it will not lop I discount this as nonsense.. I watched to YouTube video of his conference when he said this and he was answering an investor. Who asked him directly what the currency was going to do.. Like any lying central banker (because that's what they are.. All of them every last one... Liars) who s words move markets... Shaba couldn't say anything else... When you need investors and hard currency to swap for your own toilet paper you need to talk it up... If you don't you lose confidence and everything fails.. No choice there.. So this is all insignificant and you can witness this when any central banker talks they speak to achieve the necessary... We also need to understand that we are all slaves in this world... Well most of us... Just because we don't get physically whipped and we call it work, we are all at it 24 7 to line the pockets of someone else I'm 34 and when I went to school (slave training camp) I learned that people in china not too far in the past went to work for a bowl of rice. Is this any different from the slaves in egypt thousands of years ago? No except your not (usually) physically punished for not complying in modern society... As they got clever and now manipulate from you what they want... Essentially by starving those who dont comply... Does this sound like iraq? Accept or starve... Money isn't real it's not money it's currency... A medium of exchange... They have you by the short and curlies because they have the real money GOLD... you are a commodity and guarantor be under no illusion otherwise...The world was given to you by god to grow food on the land and do as you please... Except now you can't as somebody owns it... Who has that right? The laws we abide by aren't laws they are not constitutional.. But mere statutes invented by the powers that be to control you and take away what you have...to pay back the debt ...So that you have to get up again the next day and do it all again... We're chasing our tails... The carrot isnt there..Thats the illusion ..And now those fortunate enough to not have to work again because they have enough to live on are getting far too ahead of themselves and are being wiped out by stealth as the pot of cash they have isn't going to buy them what it would have done. Inflation. Stealth tax... The central banks are company's owned by one bank owned by the elite.. Now who is behind this rothschilds bilderbergers and what may come as a suprise.. The Vatican... These powers caused this world crash we going through by design... So that country's (also companies) need to borrow from them.. And the collateral/ guarantor behind this debt to be paid back is you and me. From tax to parking tickets to inflation is the deception the governments of this world has imposed on us to repay what we owe... The central banks exchanges ASSETS for bonds (a derivative of bondage) still think their is gold in fort knox? not even what the germans want back! what was kept under the twin towers? This is why the trouble in the Middle East is happening because they know... They know we are brain washed and can see it being imposed on them. It's rebellion. So good on them! In one sense. They do not wish to be a part of the western debt system. As doesn't m.... But from when bush uttered the words iraq has weapons of mass destruction there was only one agenda as is the same agenda with Syria egypt Iran these have all been set up by design the last battle to gain world control to enslave the ones 'who know'... The minute this rv s is the minute they are in debt.... They owe US .... Their is no way the people of iraq can receive this benefit... The 3 000 s need to go from the street... Without this being removed they are not slaves... THE real agenda... Getting it to slot into a fiat debt system. They are not crippled by rising inflation but they are crippled with inflation. Control the food and you control the people. So I guess the outcome depends on who wins.... So with this in mind I think rv.... However the realist in me thinks this just doesn't happen. And who knows what the plan ahead really is... And above all... Why the big secret? And THAT is why I bought dinar.. However knowing what ive just written I'm not sure how my conscience feels about that... I'm sorry if this controversial piece upsets or offends anyone I know it's pretty out there...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 5:48 pm


Nice one doo doo... But ur ok I have enough of those!
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Ponee Sat Aug 03, 2013 6:01 pm



 I would say that those thoughts were worth WAY more than a penny Andy ! Wow...


Penny for your thoughts  Images?q=tbn:ANd9GcT5EwUheMWTammpaW9LuqWKdZkewJZJmTr7g2qsbG_3EuXRInIX

*****************
Ponee
Ponee
Admin
Admin

Posts : 38235
Join date : 2011-08-09

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 6:06 pm

What was under the Twin Towers? I can tell you first hand from more than a few visits, the PATH station and mechanical spaces, then lots and lots of foundation. There ARE large vaults downtown, holding not a little gold, but they are a few blocks south and east, under the Federal Reserve.

IMO the whole cabal thing is just a load of hooey, and anti-Semitic hooey at that. IMO it is no coincidence that almost all of the people accused as being at the heart of it are of Jewish heritage. Just sayin .... no white hats, no evil cabal lurking in the shadows, no global currency reset, (heck the proponents can't even count the number of currencies right,) and certainly no ancient Chinese ready to ride to our rescue. As far as the Germans wanting their Gold back, heck they and just about every other, if not every other country in Europe still owes us a ton of money from their reconstruction after WWII. We loaned all of them bucket loads, and never got dime one back from any of them as near as I can tell.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 6:14 pm

andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 6:25 pm

I respect your input Kevin and were all entitled to our beliefs... Are you from ny? Have you seen loose change by any chance? And just another thought if the Germans never paid a dime back... Why does iraq have to?
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 6:28 pm

Yea, been there, read it, not buying it .... lots of allegations and vague accusations and too few provable and verifiable facts. ... come to think about it, kinda like guru speak without the dinar.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 6:33 pm

Read it? Didn't know it was printed.. I saw the documentary...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 6:41 pm

I was speaking generically, I have read/ watched so many things over the last years, it's hard to remember specifics. I read constantly, books, internet, magazines, news, source documents ... you name it, I read it, watch it. My retention is in the 90 percentile somewhere, but I do not always remember where I saw it.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 6:48 pm

Im an engineer I work in the glass industry dealing with thermodynamics and energy efficiency... Airplane fuel doesn't do that to those materials... It doesnt burn long enough too high octane...The temperature isn't high enough... It certainly doesn't melt the missing gold a quarter mile below as the authorities stated... (And published)
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by alleyrose Sat Aug 03, 2013 6:56 pm

andy I thought you said in as 'few' words as possible?? You cheated, you're not playing right there is way more than a few words in your second post I'm telling Mum, POOOONNNNNEEEEEEEEE andy is cheating!! 
 Penny for your thoughts  Images?q=tbn:ANd9GcQ7YtiBiGjujZ-nj0X-lPqnWzVCo4bv3O9--nqHOEyXaP9kHOZc

*****************
All we have to do is decide what to do with the time that is given to us.........~Gandalf~




Come visit me: www.alleysplace.net
alleyrose
alleyrose
Super Moderator
Super Moderator

Posts : 2851
Join date : 2011-08-24
Location : Australia

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 7:01 pm

Lol... I ve had a couple of beers just thought I would put the world to rights! As you do...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 7:02 pm

I am from the Adirondacks of NYS, but spent a lot of time in the NYC area in the USCG. Not sure where you are going with the loose change, but I for one have never contended that payback payed any part in this.

IMO the RV will be a natural result of the strength of the Iraqi economy and resources. The IQD is not in the crapper due to any fundamental problem. It's value is an artificial one, the result of sanctions initially, and post war, the result of an arbitrary and artificially low value assigned to the post Sadam dinar by the coalition. Their resources and reserves would support and even dictate a much higher value than the one we see today.

Will we see it? I don't know. Maybe, I'm not saying it will happen, but that the fundamentals dictate that it COULD happen. When? When they are good and darn ready for it to happen, and not one instant sooner. Am I right or wrong? Time will tell.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 7:16 pm

I have never seen any articles about any missing gold ... well let me revise that, I have never seen any statements from any sort of reliable and confirmable source. Just allegations from people who claim to be in the know.

I am no structural engineer, but I spent many years in the fire service, and I have seen steel weaken and fail in much less heat. The towers were designed to withstand the impact of a jet airliner, but keep in mind that was in the 70's. Actually I watched them go up while I was stationed on Governor's Island back then. The planes were much smaller and somewhat slower ... so much less kinetic energy. They also carried much less fuel, so much less potential thermal energy released as well. IF a 707 had crashed into it, with all the thermal barriers intact, (and based on my years experience in both the fire service and facility management, I'll bet my bottom dollar it wasn't,) I have no doubt they would have stood. But that was not the case. I did some rough calculations once, and the differences were staggering.

As to the gold, I have never seen anything authoritative state that or even hint at it. The only place I have seen it is sourced from conspiracy theorists.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by alleyrose Sat Aug 03, 2013 7:23 pm

Ahhhhh yes those beers will do it LOL! Have one for me!!

*****************
All we have to do is decide what to do with the time that is given to us.........~Gandalf~




Come visit me: www.alleysplace.net
alleyrose
alleyrose
Super Moderator
Super Moderator

Posts : 2851
Join date : 2011-08-24
Location : Australia

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 7:27 pm

Think we got our wires crossed Kevin.. Loose change has absolutely nothing to do with it... Just asking if you has seen it... And back to the real world I agree with iraq s fundamentals and everything you state above aswell... But like I said taking a step back were talking about a currency.. Or like I said an IOU... Debt ....So who do we owe... And why? And if I'm wrong why did gold go up? And more importantly down!
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Ponee Sat Aug 03, 2013 7:37 pm



 HEHEHEHHE -- I have been waiting for you two to get together and have a discussion. I just knew it would be fun to follow !!!!  Andy, welcome to the FAMILY !!!! 

*****************
Ponee
Ponee
Admin
Admin

Posts : 38235
Join date : 2011-08-09

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 7:38 pm

I think the currency value going up is both a practical matter and a reflection of the reality of it's true potential. As to the gold, I do not believe there ever were any vaults under there. Garage space, yes, PATH terminal and trains, yes, mechanical spaces, you bet, huge ones, subway ... well I don't remember if the 1 train ran directly under the towers or just adjacent to them ... but the only vaults down there were electrical vaults ... huge electrical vaults, they pretty much had a substation under there. But as far as gold, unless they made the rails for the path trains out of gold ... nadda, zip zilch.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 7:40 pm

@andy1979uk wrote: Loose change has absolutely nothing to do with it... Just asking if you has seen it...
Oh yea, well in that case, I got  pocketful left over from yard sales today. lol!

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Ponee Sat Aug 03, 2013 7:44 pm

@andy1979uk wrote:I'm just throwing this out there to ask people if they could sum it up in as few words as possible why they think it will rv.. Lop... Or turn into toilet paper? Go....

It's OK Nanny, it was the old "bait and switch" ploy lol....   but hey, look at the conversation that came from it !  Good stuff ! .


Last edited by Ponee on Sat Aug 03, 2013 8:09 pm; edited 2 times in total

*****************
Ponee
Ponee
Admin
Admin

Posts : 38235
Join date : 2011-08-09

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 7:51 pm

Kevin I think theirs one thing you can possibly check still and that's the put options placed at the time on united airlines... As for the authorities saying much... I doubt they would want to drop themselves in it... The phone calls from distressed passengers... Was it possible to get a signal at 33 000 ft back then..?. I read not...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 7:52 pm

Lol
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 7:57 pm

Well apparently it was possible to get a cell phone signal out from whatever altitude they were at. A close friend's sister was head flight attendant on the first flight. Autopsy showed she was dead from a slashed throat when the plane crashed into the tower. She would have been the only one in the cabin with a key to the cockpit, so best guess is she tried to protect it and they slit her throat with a box cutter.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 8:07 pm

Perhaps we should leave it there then...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 8:16 pm

Pretty much stops being anything but personal at that point, so yea ...

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by alleyrose Sat Aug 03, 2013 8:20 pm

@Ponee wrote:
@andy1979uk wrote:I'm just throwing this out there to ask people if they could sum it up in as few words as possible why they think it will rv.. Lop... Or turn into toilet paper? Go....

It's OK Nanny, it was the old "bait and switch" ploy lol....   but hey, look at the conversation that came from it !  Good stuff ! .

 Hahahahahaha true that Ponee!! I am still waiting for my beers though LOL!

Here you go Andy and Kev Penny for your thoughts  Images?q=tbn:ANd9GcQ1gVBJ7MmWbIvDkDzvJcP6UsCP_yDNM3_FnEdMq0-_p6pwjeGlBQ
alleyrose
alleyrose
Super Moderator
Super Moderator

Posts : 2851
Join date : 2011-08-24
Location : Australia

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Ponee Sat Aug 03, 2013 9:38 pm

Great discussion guys ! THanks for the insight on both sides !

*****************
Ponee
Ponee
Admin
Admin

Posts : 38235
Join date : 2011-08-09

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 9:49 pm

Lol it ain't over yet I haven't even started to open your yes on this one! We just got side tracked! To be continued.... Lol
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 10:10 pm

Ok baby fed now... So round 2... Kevin when Nixon removed you from the gold standard... What is backing the dollar?
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 10:44 pm

The official party line is the "full faith and credit" of the US government. Perhaps that is not far from the truth, but IMO it is the confidence in the strength and stability of the USA. However there were other very real issues that dictated the switch. Even with the price of gold being held artificially low, the USD was worth so much that it was causing trade issues.

There are a lot of reasons why I do not expect us to go back to a gold or any other physical standard. Just as a quick example, gold in the past year has moved $500/oz. Some expect it to drop another $2-300. Imagine what that would do to a currency linked to gold. Meanwhile, oil has gone up $20.00 a barrel. Imagine the chaos in trying to calculate international trade based upon the ever fluctuating values of commodity based (and make no mistake, even gold is a commodity today) currencies? Stability is needed, and the only way IMO to provide that is so called "fiat" currency. Is it subject you manipulation? You bet, but then again so is gold or any other physical asset you care to name. Is it perfect? heck no, but what is?

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 10:45 pm

And sorry to drift back again and i wont comment any further but I just did some homework...
World Trade Center - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/World_Trade_Center
One of the world's largest gold depositories was stored underneath the World Trade Center, owned by a group of commercial banks. The 1993 bomb detonated ...


SilverDoctors: $1.08 TRILLION Worth of Gold, 102 MILLION oz of ...
silverdoctors.blogspot.com/2011/.../108-trillion-worth-of-gold-was-stolen.h...
10 Sep 2011 - Out of $167 Billion (2001 value) worth of gold stored under World Trade Center building 4, only $200 million was recovered....under WTC ...

andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 10:59 pm

The figures I have seen state that the total was about $230B of which 100% or very nearly so, was recovered. It was not state gold, but private gold store don behalf of the mercantile exchange. The silver doctors article I discount ... they definitely have a dog in the hunt, almost every article there is about why you should buy gold and/or silver.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 11:01 pm

Your right the full backing of the us government. So if the slaves refuse to work what has been pit up as collateral? .. Assets... throw in some manipulation and people cant pay their bills what does the bank take? those good old mortgage backed securities... (bonds) qe... Its being taken piece by piece...what ever you want to call it....You also need to consider that although gold is traded in dollars individual currencies have there own exchange to gold (and every other commodity) highs in the euro were hit at a time after it had hit peak for the dollar roughly around the time it hit the fan for Greece. At the same time these people are on their knees what do you sell? If you have any your gold... It insurance unfortunately at the same time your on your knees the gold price seems to just collapse? Because supply demand rules state that when theirs more supply ( created by the sellers in need) than demand the price drops. Who s buying it up? The central banks....
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 11:05 pm

Perfect by design...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 11:07 pm

And yes it was private gold... You don't need to steal your own...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 11:11 pm

Well it's past bedtime for me .... I will only observe that given the choice of believing multiple news sources and public sources, or believing a firm that uses fear and suspicion to attempt to manipulate people to buy the product they are selling, I'll go with the news and public sources every time.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by Kevind53 Sat Aug 03, 2013 11:12 pm

@andy1979uk wrote:And yes it was private gold... You don't need to steal your own...
And all recovered.

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

 Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865  Penny for your thoughts  2805820865
Kevind53
Kevind53
Super Moderator
Super Moderator

Posts : 27225
Join date : 2011-08-09
Age : 22
Location : Umm right here!

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sat Aug 03, 2013 11:26 pm

And bedtime for me also... Catch you soon mate...
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Penny for your thoughts  Empty Re: Penny for your thoughts

Post by andy1979uk Sun Aug 04, 2013 11:07 am

Incidentally I received this this morning in a financial e mail... It's nothing knew... Shah giuliani really know his stuff I ve followed him for a good few years.. And never known him be wrong. Check it out
http://pro.moneymappress.com/EDIGOLD1199MMP/EEDIP804/?email=andrew_wilde9%40hotmail.com&a=8&o=4336&s=5079&u=421775&l=114638&r=MC&g=0&h=true
andy1979uk
andy1979uk
Elite Member
Elite Member

Posts : 465
Join date : 2013-06-04

View user profile

Back to top Go down

Back to top


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