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$1,391.7 gold futures

" You can't print gold & silver, "Paper gold to Crypto almost...

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stelios

900 Posts.

146

11/02/24

16:33

Post #: 72347805
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Originally posted by ProCapitalism: ↑

"why can't the USA go back to a dollar supported by silver or gold so as to save itself"Because gold & silver are a store of value & it restricts the government on how big it can get & how much money they can spend. You can't print gold & silver, to fund government wars, it's a finite resource. On the other hand, you can print trillions of dollars just by entering a few digits on a computer screen & hitting the "enter" key, inflating your wealth away at the same time! Remember, global central banks want inflation, they want to destroy your wealth & prevent you from passing any wealth down to future generations.

Global Economic War Is Coming And The Threat To The US Dollar Is Real | ZeroHedge

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" You can't print gold & silver, "

Paper gold to Crypto almost 10:1
and 30:1 Silver
Bitcoin less than $ 3 in late 2011

By next week US Debt per taxpayer will be over US$ 265,000 and $1m including unfunded liabilities.
Guess how the debt will be repaid?
3 Upvote

0 Great analysis

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