$315 Billion worth of Gold

Discussion in 'The Okie Corral' started by Jade Falcon, Dec 27, 2015.

  1. Jade Falcon

    Jade Falcon Rational

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  2. kirgi08

    kirgi08 Watcher. Silver Member

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  3. Jade Falcon

    Jade Falcon Rational

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    Interesting documentary, if anyone wants to watch it:



    About 56 minutes long. Myself, I'm off to have breakfast, so I won't be able to watch it yet. Have a good morning, folks!
     
  4. certifiedfunds

    certifiedfunds Cosmopolitan Bias

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  5. stk10767

    stk10767

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    You know I've always wondered if the end of the world came (WW3, zombies, etc), what the he// would I do with a bunch of gold coins? They would be just as worthless as anything else.

    Now, off to order another pallet of popov vodka. I'll be the richest man in the land.... Lol
     
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  6. D-Ric902

    D-Ric902

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    I understand a lot of it was in the WTC lower level.
     
  7. Bruce M

    Bruce M

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    Imagine how much that will be worth at the end of the summer when it goes up to $55000 an ounce...
     
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  8. robbcayman

    robbcayman

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    I would take it lol. Also, if you feel the same way about those green pieces of paper they give you on payday I will take those, too. ;)

    Currency is only valuable because we say so. I own more silver than gold. Silver can be used in manufacturing and is of course a lot cheaper to buy. I don't own a lot of each, but both have had value for thousands of years.
     
  9. Dennis in MA

    Dennis in MA Get off my lawn

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    Only worth about 60% of value when the video was made. Somehow, Obama made billions of dollars disappear! Lol
     
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  10. DaveD

    DaveD Ex-Mod Moderator Millennium Member

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    Yup, I heard over $55,000 on the radio yesterday. They wanted me to buy some :)
     
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  11. Jade Falcon

    Jade Falcon Rational

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    Considering that's the BRITISH Gold Reserves.....

    :upeyes: Some people will find ANYTHING to ***** about with Obama.
     
  12. 540mope

    540mope

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    WOW.......that dude needs a serious haircut
     
  13. kirgi08

    kirgi08 Watcher. Silver Member

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    I'll take it.'08.
     
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  14. moeman

    moeman

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    And how many have a tungsten core...? The Brits try to game everything.
     
  15. ERASER

    ERASER Nyuk,Nyuk,Nyuk!

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    Yes he does. I wonder if we tied his hands down if he would stutter when he talks?
     
  16. Dennis in MA

    Dennis in MA Get off my lawn

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    British, Spanish, Americish. What's the diff?? Price of gold is the price of gold. If he can affect it here, he's gonna affect it. . . . anywhere. It's up to you, O-bama, o-bamaaaaaaaaaaaaaaa!!!!!!!!!

    The pisser is that in 1920, gold was $20/oz and that could buy a nice men's custom suit. Today, gold is $1075 and that'll buy about 55% of a good suit. :rofl:

    I wandered every time I heard that inane story, "What's going to happen when gold drops by a pile? Is their argument dead or are they going to reframe it with a Men's Wearhouse (or Men Swearhouse) suit instead? LOL
     
  17. Jade Falcon

    Jade Falcon Rational

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    I get it, Dennis. It's just...can't we have ONE thread on this forum where we don't wring our hands and complain about Obama and his Muslim Army of ACORN Volunteers? Just once? Seriously man.

    Let's just admire in fascination the amount of wealth that sits there in that vault, and ponder over it. I mean...$315 Billion. In Gold! California Gold Rush '49-ers would have died from shock.

    Buy a country or two. Or three.

    And an Island. Or a chain of them.

    And a fleet of Boeing 747 Luxury Jets.

    You get the idea. That's a LOT of money!
     
  18. MajJamesMcFarlane

    MajJamesMcFarlane

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    A good friend of mine is a former Army SF guy with multiple deployments on ODA's. Know what his "prepper" plan is? A rifle with plenty of ammo. He can take whatever he and his family need from the obese preppers who socked away 12 months other of food and plan on using gold to trade.
     
  19. Dennis in MA

    Dennis in MA Get off my lawn

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    You do know I'm kidding, right? Markets are manipulated by the players, not Obama. Or the Illuminasties.
     
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  20. Lone_Wolfe

    Lone_Wolfe CLM

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    Paging............ Oh, never mind!
     
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