posted on May, 16 2017 @ 11:23 AM
a reply to: Tardacus
The people in power, whoever they may be, will always have control of the resources. The people in power, WTMB, will always accept gold in trade. Food
for food or fuel for fuel is an equal trade, that does not exactly work as the people in power, WTMB, are expecting a profit and ROI. No matter how
often in human history SHTF, those in power, WTMB, always make sure to safeguard their riches.
Now your not a fan of bullion as a hedge or investment, so its not necessary to try and really convince you of anything. However, I would say that
given gold's status in the world today as our financial status declines in the world, a doubling of gold exports to foreign buyers in one year can
mean a handful of things.
Essentially what we are talking here is a nearly 100% increase in an export commodity within one fiscal year. What other exports have seen such a
significant gain over a single year?? You have to ask yourself why foreign states and governments are increasing their holdings, and how are they
paying for them??
If this gold is being bought up with dollars, than to me it seems that our creditors are in fact abandoning their positions in the dollar as a world
reserve currency and trading them in for real assets. Any clues as to what happens to our purchasing power as the biggest holders of our money
gradually dump it back to us???
Im all ears, because it seems to me like this is exactly what we are seeing here.
edit on 5-16-2017 by worldstarcountry because: (no reason