MONEY: A “delaying action” to keep the Ponzi scheme going

17 Questions That Deserve Answers
Posted by Deviant Investor on February 11th, 2014

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The U.S. believes in paper dollars and an unbacked debt based currency. Such currency can be created with little more than a few keystrokes on a Federal Reserve computer. Would the Fed and the U.S. government sell gold into the world market to slow the inevitable weakening of the U.S. dollar? Would the Fed and the U.S. government ship (via intermediaries) substantial quantities of gold to China to prevent dumping of T-bonds and dollars? Are gold sales a “delaying action” to extend the reserve currency status of the U.S. dollar?

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Certainly, you can not trust the bankers, crony capitalists, politicians, and bureaucrats!

So what should we put out trust in?

Bullets, bandaids, and beans. 

When you have all those — nickels, silver, and gold!

My favorite test what posted in 2009.

And the answer is still the same — gold is better than anything else.

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