Jump to content
IndiaDivine.org

[ThetaNet] Ron Paul on the Economy

Rate this topic


Guest guest

Recommended Posts

Dear Sylver & Nancy,

Thanks for answering up on this one for me Sylver.

Nancy - Sylver's advice is spot on. The only thing I might add has to

do with his last paragraph where he issues his warning. There is a lot

of speculation happening in the Precious Metals Market as well as other

commodities, and this market is also subject to manipulation to

some degree. As such, for the nonce, it too can go up or

down for periods of time in an irrational manner. But the nice thing

about Gold and Silver is that they tend to find their own level

naturally as time goes by. Where the Manipulators tend to screw up is

in dealing with a finite commodity such as precious metals. There IS

only so much of each of these (gold & silver), so even the

Rockerfellers can lose on this one with an attempted manipulation. The

more that Gold and Silver is privately owned (by the likes of you and

me :-), the less it can be controlled and it therefore reaches its own

natural plateau. As more of the common people jump on the Gold and

Silver bandwagon, the less it can be manipulated. Is this

understandable???

In this day and age, with a plunging dollar, and rampant inflation, it

only makes good sense to tuck away some of the hard yeller stuff. :-)

Someone will always trade you a loaf of bread for a silver coin.

Always!

Right now, the best buy is still Silver since it has the greatest

potential for upward movement. IE: The current Gold / Silver ratio

is: 53.94 to 1 = 53.94 ounces of Silver for one ounce of Gold. Five

or six years ago, it was 75 to 1. However, the current World Supply of

Silver to Gold is closer to 18 to 1. This means that Silver is way

undervalued in relation to Gold and has the greatest potential upward

movement when the financial day of reckoning comes. And it WILL come.

Out Exchange does not last for ever. The more of the common people who

buy it, = the less it can be manipulated by the greedy International

Bankers, = the less control they have over making our lives miserable.

And so on . . .

Hope this all makes some sense.

Hugs,

Doc

 

 

Sylvain wrote:

 

 

 

 

There are

several degrees of « hell ».

If things go bad to the point of there being no goods and/or services

available, money should be the least of your problem, because you would

probably have lost your body anyway.

 

When we talk

about crashes and so forth it’s

usually not that bad. Goods and services are still available, but

people don’t

trust money. Meaning, they don’t believe they will be able to use money

to

buy the stuff they need and therefore don’t part of goods/services in

exchange

for money.

 

Money is

based on trust. The second the

trust is gone, money is worth no more than the paper it is printed on.

Barter

systems are re-established (a this for a that) in real bad crises. Of

course,

it is all a matter of degrees, but the principle is that people no

longer

believe in the buying power of money. If your whole savings are based

on money,

they will be gone to the degree money looses its buying power

(inflation).

 

The reason

why Gold and Silver are

considered to be good ‘crisis assets’ is that historically, people

have always been able to use them in times of crises as a mean to buy

stuff. They

have been trusted for economic transactions in the past when money’s

credibility was seriously damaged, and it is assumed that they would be

trusted

again if money was once again discredited.

 

Gold and

silver can’t be manipulated

in the same way as paper/electronic money, because there is a finite

supply of

it which can not be increased artificially by the finance boys, so

while the

value of money goes down, the value of whatever gold/silver you own

goes up

(more demand, same supply). Another factor, albeit somewhat minor, is

that gold

and silver have some intrinsic value as raw materials in various

industrial

processes (electronics, jewelry).

 

Further, the

more people are worried about

a crisis, the more they will buy gold as a safeguard against an

economic

crisis, and as a consequence, the price of gold keeps climbing, which

in turn

means that it is a profitable investment. However, if people start

feeling

optimistic about the economy, they start selling their gold to purchase

more

remunerative products*, which could cause the price of gold to go down.

As Doc

pointed out, Gold has been raising fairly consistently over the last

few years

 

Now, a note

of warning: there are a whole

bunch of gold based financial products. A lot of these are merely

speculative accounts

which can not really be exchanged for gold, they are not gold, they are

bets on

gold, or n companies producing gold, or related industries. If you are

going to

buy gold as a protection against a possible crisis, make sure you

actually get

the gold or something which can be exchanged for gold regardless of the

circumstances. Do make sure that there is no clause that would allow

whoever

holds your gold to declare bankruptcy and use your gold to pay his

debts.

 

Is it any

clearer ?

 

Cheers,

Sylvain

 

*A financial

"product" is

actually not a product at all in the sense of something being produced.

, it’s

just a set of financial instruments (bonds, stocks, funds, …) packaged

and sold by a bank

 

 

 

 

Dear Doc,

 

 

 

 

 

 

 

 

Thanks for the info. I

am completely ignorant in these

areas so forgive me if my questions are simple.

 

 

If all goes to hell and

the economy crashes what good is the

gold and silver? Who would care to exchange anything for it? Why

does it give any stability? Even if you were to get any money for

it, how would that be helpful if the dollar is worthless? Maybe we are

just talking about an investment to sell at a later date but I have

heard that

buying gold and silver is all that will see you through in a crisis and

I

haven't figured out how.

 

 

 

I'd appreciate the help in understanding this.

 

 

 

 

ML,

 

 

 

 

Nancy

 

 

 

 

 

 

 

 

 

 

----- Original Message

-----

 

 

Doc

Shillington

 

 

herbal remedies

 

 

Wednesday,

November 07, 2007 1:48 PM

 

 

 

Dear

Joyce,

Check with your local Coin Dealers.

After you've checked them all out by asking them what they charge over

"spot" = the existing trading price for an ounce of Gold or Silver if

you're going that route, go with the dealer that promises the lowest

premium. The going rate is anywhere from $15 to $25 over spot. Over

$25 is too much.

Since I posted this Friday, Gold closed today for

$830.70 and Silver closed at $15.29 and is still

screaming upwards.

Check the graphs at: http://www.kitco.com/market/

 

Again, I don't tell you this to get speculative

about it all or

for an easy way to "Make" money.

This is for your Reserves. Your untouchable Savings. Your House or

Building Fund. The Rainy day. ;-)

Love,

Doc

 

 

Joyce wrote:

 

 

 

 

 

 

 

 

 

 

 

Doc,

 

 

 

 

 

Where does one purchase

gold?

 

 

 

 

 

-------Original

Message-------

 

 

 

 

 

 

Doc Shillington

 

 

11/2/2007 1:51:49 PM

 

 

herbal remedies

 

 

{Herbal Remedies} Ron

Paul on the Economy

 

 

 

 

 

 

A few stats for y'all

with a talk by Ron Paul on the Economy.

Yours in Knowledge, Health and Freedom,

Doc

 

 

Back in 2001, I recommended to all of my friends that they buy Gold and

 

Silver. Gold was $300 an ounce back then. Today, it just hit its

highest ever = *$806 an ounce*. Silver was

$4 an ounce in 2001 and just

today hit *$14.53 an ounce*

 

The dollar also hit an all time low against the Euro.

For those of you who can, I'd still recommend putting away a few gold

and silver pieces.

The metal with the largest potential upward movement is Silver.

I don't tell you this so that you can "speculate".

I never gamble! Never! I don't believe in it.

It is simply the best place to put your savings.

Doc

 

 

 

 

 

 

 

 

 

 

 

 

__________ NOD32 2644 (20071107) Information __________

 

This message was checked by NOD32 antivirus system.

http://www.eset.com

Link to comment
Share on other sites

Dear Barb,

 

If I remember aright, they confiscated Gold back then, but not Silver

which continued to be used as cash. It was also a very unpopular move

and a great many citizens were non compliant with the executive order

that implemented it. I have heard of no one going to prison back then

who did not comply.

 

Anyway, Silver is your best buy due to it's terrifically under valued

price at the moment. It is very affordable at this time and it is my

#1 choice.

 

I seriously doubt they'll implement the confiscation rules again since

at that time, we WERE on the Gold Standard and there was a lot less

people to monitor. Nowadays, we are on the fiat money currency

system. There's no way they could monitor compliance in this day and

age with the existing population. Over the years there's just been too

much of the stuff been spread around with little to no paper trail on

it all. The International Bankers in their arrogance feel they have

destroyed the Gold Standard and any serious interest in it. I feel

this will be proved otherwise over the next few years. This is totally

up to you of course. It is only my recommendation for what it's worth.

 

Again, I don't suggest one do this for "speculative" purposes. I frown

upon GAMBLING in any guise whether it be the Stock Market, Bonds,

Commodities, or any other such market. I believe in reaping the fruits

of one's own labor rather than the riding on the coat tails of some

capitalist speculation. These are nothing more than examples of OUT

EXCHANGE and contribute to the current economic woes of the planet.

Now, please don't get me wrong, I certainly don't beat the drum for

Communism or any other "ism". Communism is very low scale. I

personally am apolitical in any way shape or form. I simply advocate

FREEDOM. And those who deliver it, I support. Those who don't, I

fight in my own way.

 

I recommend keeping Gold and Silver only as untouchable reserves and

for the long haul. And for Gawd's sake, don't hide it in your bedroom

or anywhere in your house for that matter. Best is outside in your

back yard some place where only you and your family know its location.

 

 

Doc

 

 

Barbara wrote:

 

One thing to keep in mind though, is this. The

Gov. can confiscate all your gold and silver. They confiscated all the

gold from the people in the 30's. There's nothing to stop them from

doing it again. Barb Leppky

 

 

-----

Original Message -----

 

Doc Shillington

To:

herbal remedies

Sent:

Thursday, November 08, 2007 1:41 PM

Subject:

{Herbal Remedies} Re: [ThetaNet] Re: Ron Paul on the Economy

 

 

Dear Sylver & Nancy,

Thanks for answering up on this one for me Sylver.

Nancy - Sylver's advice is spot on. The only thing I might add has to

do with his last paragraph where he issues his warning. There is a lot

of speculation happening in the Precious Metals Market as well as other

commodities, and this market is also subject to manipulation to

some degree. As such, for the nonce, it too can go up or

down for periods of time in an irrational manner. But the nice thing

about Gold and Silver is that they tend to find their own level

naturally as time goes by. Where the Manipulators tend to screw up is

in dealing with a finite commodity such as precious metals. There IS

only so much of each of these (gold & silver), so even the

Rockerfellers can lose on this one with an attempted manipulation. The

more that Gold and Silver is privately owned (by the likes of you and

me :-), the less it can be controlled and it therefore reaches its own

natural plateau. As more of the common people jump on the Gold and

Silver bandwagon, the less it can be manipulated. Is this

understandable???

In this day and age, with a plunging dollar, and rampant inflation, it

only makes good sense to tuck away some of the hard yeller stuff. :-)

Someone will always trade you a loaf of bread for a silver coin.

Always!

Right now, the best buy is still Silver since it has the greatest

potential for upward movement. IE: The current Gold / Silver ratio

is: 53.94 to 1 = 53.94 ounces of Silver for one ounce of Gold. Five

or six years ago, it was 75 to 1. However, the current World Supply of

Silver to Gold is closer to 18 to 1. This means that Silver is way

undervalued in relation to Gold and has the greatest potential upward

movement when the financial day of reckoning comes. And it WILL come.

Out Exchange does not last for ever. The more of the common people who

buy it, = the less it can be manipulated by the greedy International

Bankers, = the less control they have over making our lives miserable.

And so on . . .

Hope this all makes some sense.

Hugs,

Doc

 

 

Sylvain wrote:

 

 

 

There are

several degrees of « hell ». If things go bad to the point of there

being no goods and/or services available, money should be the least of

your problem, because you would probably have lost your body anyway.

 

When we talk

about crashes and so forth it’s usually not that bad. Goods and

services are still available, but people don’t trust money. Meaning,

they don’t believe they will be able to use money to buy the stuff they

need and therefore don’t part of goods/services in exchange for money.

 

Money is

based on trust. The second the trust is gone, money is worth no more

than the paper it is printed on. Barter systems are re-established (a

this for a that) in real bad crises. Of course, it is all a matter of

degrees, but the principle is that people no longer believe in the

buying power of money. If your whole savings are based on money, they

will be gone to the degree money looses its buying power (inflation).

 

The reason

why Gold and Silver are considered to be good ‘crisis assets’ is that

historically, people have always been able to use them in times of

crises as a mean to buy stuff. They have been trusted for economic

transactions in the past when money’s credibility was seriously

damaged, and it is assumed that they would be trusted again if money

was once again discredited.

 

Gold and

silver can’t be manipulated in the same way as paper/electronic money,

because there is a finite supply of it which can not be increased

artificially by the finance boys, so while the value of money goes

down, the value of whatever gold/silver you own goes up (more demand,

same supply). Another factor, albeit somewhat minor, is that gold and

silver have some intrinsic value as raw materials in various industrial

processes (electronics, jewelry).

 

Further, the

more people are worried about a crisis, the more they will buy gold as

a safeguard against an economic crisis, and as a consequence, the price

of gold keeps climbing, which in turn means that it is a profitable

investment. However, if people start feeling optimistic about the

economy, they start selling their gold to purchase more remunerative

products*, which could cause the price of gold to go down. As Doc

pointed out, Gold has been raising fairly consistently over the last

few years

 

Now, a note

of warning: there are a whole bunch of gold based financial products. A

lot of these are merely speculative accounts which can not really be

exchanged for gold, they are not gold, they are bets on gold, or n

companies producing gold, or related industries. If you are going to

buy gold as a protection against a possible crisis, make sure you

actually get the gold or something which can be exchanged for gold

regardless of the circumstances. Do make sure that there is no clause

that would allow whoever holds your gold to declare bankruptcy and use

your gold to pay his debts.

 

Is it any

clearer ?

 

Cheers,

Sylvain

 

*A financial

"product" is actually not a product at all in the sense of something

being produced. , it’s just a set of financial instruments (bonds,

stocks, funds, …) packaged and sold by a bank

 

 

 

 

Dear Doc,

 

 

 

 

 

 

Thanks for the info. I

am completely ignorant in these areas so forgive me if my questions are

simple.

 

 

If all goes to hell and

the economy crashes what good is the gold and silver? Who would care

to exchange anything for it? Why does it give any stability? Even if

you were to get any money for it, how would that be helpful if the

dollar is worthless? Maybe we are just talking about an investment to

sell at a later date but I have heard that buying gold and silver is

all that will see you through in a crisis and I haven't figured out

how.

 

 

 

I'd appreciate the help in understanding this.

 

 

ML,

 

 

Nancy

 

 

 

 

 

 

 

 

 

 

----- Original Message

-----

 

 

Doc

Shillington

 

 

herbal remedies

 

 

 

Wednesday, November 07,

2007 1:48 PM

 

 

 

Dear Joyce,

Check with your local Coin Dealers.

After you've checked them all out by asking them what they charge over

"spot" = the existing trading price for an ounce of Gold or Silver if

you're going that route, go with the dealer that promises the lowest

premium. The going rate is anywhere from $15 to $25 over spot. Over

$25 is too much.

Since I posted this Friday, Gold closed today for

$830.70 and Silver closed at $15.29 and is still screaming upwards.

Check the graphs at: http://www.kitco.com/market/

 

Again, I don't tell you this to get speculative

about it all or for an easy way to "Make" money.

This is for your Reserves. Your untouchable Savings. Your House or

Building Fund. The Rainy day. ;-)

Love,

Doc

 

 

Joyce wrote:

 

 

 

 

 

 

 

 

 

 

 

Doc,

 

 

 

 

 

Where does one purchase

gold?

 

 

 

 

 

-------Original

Message-------

 

 

 

 

 

 

Doc Shillington

 

 

11/2/2007 1:51:49 PM

 

 

herbal remedies

 

 

{Herbal Remedies} Ron

Paul on the Economy

 

 

 

 

 

 

A few stats for y'all

with a talk by Ron Paul on the Economy.

Yours in Knowledge, Health and Freedom,

Doc

 

 

Back in 2001, I recommended to all of my friends that they buy Gold and

 

Silver. Gold was $300 an ounce back then. Today, it just hit its

highest ever = *$806 an ounce*. Silver was

$4 an ounce in 2001 and just

today hit *$14.53 an ounce*

 

The dollar also hit an all time low against the Euro.

For those of you who can, I'd still recommend putting away a few gold

and silver pieces.

The metal with the largest potential upward movement is Silver.

I don't tell you this so that you can "speculate".

I never gamble! Never! I don't believe in it.

It is simply the best place to put your savings.

Doc

 

 

 

 

 

 

 

 

 

 

 

 

__________ NOD32 2644 (20071107) Information __________

 

This message was checked by NOD32 antivirus system.

http://www.eset.com

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...