GOLD 0.51% $1,391.7 gold futures

CT posted "Pieces of paper that say you may or may not have...

  1. 3,107 Posts.
    lightbulb Created with Sketch. 1
    CT posted "Pieces of paper that say you may or may not have something in the ground are just paper, fiat paper, printed the same as fiat currency"

    FIAT MONEY - In a fiat money system, money is not backed by a physical commodity.....http://kwaves.com/fiat.htm

    however

    GOLD STOCKS - are clearly backed by something defined in the ground, in descending levels of surety

    RESERVES - Proved
    - Probable

    RESOURCES - Measured
    - Indicated
    - Inferred

    I believe to compare gold stocks to fiat currency is disingenuous to the point of confidence trickery (ie if you say something with sufficient sureness it will be believed). CT are you batting for the banksters because I am sure the banksters would indeed love to take everything down with them as per your scenario....
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.