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Vas Crabb
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Reged: 12/13/05
Posts: 4462
Loc: Melbourne, Australia
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Re: You read it?
04/10/11 11:58 PM


> Sadly, however, this is why the
> price of precious metals is through the roof and our currency is being devalued to
> the brink of a currency collapse, because the government is doing just that...
> creating more money by just changing numbers in their account instead of raising
> actually money, which isn't very funny at all.

As I said before, if you quote gold in CHF or AUD rather than a currency that's tanking, it still hasn't regained its pre-GFC peak. Gold only looks ridiculously high because it's quoted in USD.







Entire thread
Subject Posted by Posted on
* Seven Deadly Innocent Frauds of Economic Policy krick 04/10/11 05:48 PM
. * S&P downgrades US debt from "stable" to "negative" GatKongModerator  04/20/11 05:45 PM
. * Re: S&P downgrades US debt from "stable" to "negative" twistyAdministrator  04/21/11 02:16 PM
. * Re: S&P downgrades US debt from "stable" to "negative" Gor  04/20/11 06:18 PM
. * Re: S&P downgrades US debt from "stable" to "negative" GatKongModerator  04/20/11 08:29 PM
. * Re: S&P downgrades US debt from "stable" to "negative" PokeMAME  04/20/11 08:44 PM
. * I remember learning the US Dollar is actually... dfrance  04/11/11 01:28 AM
. * You read it? GatKongModerator  04/10/11 07:50 PM
. * Re: You read it? Vas Crabb  04/10/11 11:58 PM
. * Re: You read it? krick  04/10/11 08:15 PM
. * Re: You read it? Matty_  04/11/11 12:56 AM
. * Hey Kick, can you let me have $50,000? GatKongModerator  04/10/11 11:11 PM
. * Re: Hey Kick, can you let me have $50,000? lharms  04/11/11 12:08 AM

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