Guys is there any interest in another silver Delux round?
I like the idea of only 1 silver and 1 gold coin. It keeps the Delux bit a bit more exclusive. Maybe we should wait until the gold ones are done (and the other coins have arrived) before deciding about other coins. I agree. |
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I am not redeeming any of my coins  info added |
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I won't redeem my lucky coin round #1 and #2, you can note that  done  |
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Seen as we have had a several rounds of lucky coin, silver lucky coin and the upcoming gold lucky coin I thought it would be a good idea to have a central thread to record which coins have been redeemed and thus your chances of hitting a winning coin -   Details to be added :  |
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It is same like the demand to the availability chain. If one starts printing his own currencies without any commodity as the backing the production of dollars will be high, which makes it loss its value. So currencies are mostly printed based on the gold they have.
That statement is completely incorrect. |
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I read once that there isn't that much money in the whole world as it is the US debt. To whom is the US so in debt? Mars?
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Because money is backed by a certain amount of gold the country has. Just printing money would make the dollar lose its value.
Money is not backed by any gold since the gold standard ended. Fiat money is backed by nothing but promises. |
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Every country has a turn at being Reserve currency -  The US has had they shot and its naturally coming to an end, next will be China. |
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You cant just keep printing yourself out of debt with nothing to back the new currency generated.
Ultimately it just waters down the currency value and ends in hyperinflation.
Which makes your debt worth nothing. And most countries can't but USA can as they have the right to do so and their debt value is fixed in USD... Iran is now only accepting euro's in payment for oil, China and Russia are now making trades directly in Yuan and Ruble bypassing the USD. Russia/China is launching a SWIFT replacement. Zimbabwe has dumped the USD for Yuan as a currency. The USA will lose reserve currency status then your USD will be worth less than toilet paper before you know it due to drowing in debt. Well sure. But then who to trade with?
Problem being they still have this mother fucker army whcih is the biggest in the world.
So if anyone minds what their economy is doing, they'll have to face their military part, and that'll lay some shit.
I think if the US decided to start a war with China/Russia it would not end well. |
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I just don't understand why they have so much debt, it is impossible to pay back there is not enough money in the world to repay all the debts!
It is only so the banks can make money, The people should rise against this.
The time has come our country's took over the production of money again, how is it possible that someone else controls that..
the US makes around 6-7 trillion $ tax revenue each year (including state,local and federal taxes). So its possible to pay back these loans with less spending and higher taxes. I think it has been mathematically proven to be unpayable. http://theeconomiccollapseblog.com/archives/it-is-mathematically-impossible-to-pay-off-all-of-our-debtWhat are you going to do, stop paying the military, social security? Every year you are spending a lot more than you are earning the reversal of that will be painfull and the public would spit their dummys out. |
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There are hot news that gold supply has drop first time,there is not infiniitive gold recources gold market has been terribly frauded,now it is time for gold
gold price has made a nice jump, but how much potential increase is there to gain? i think a max of 20-30% in the comming year(s). it's decent, but i expect bitcoin to give me a better return. There is a lot of talk about a "gold revaluation" as another tool to save the world economy after QE has failed. They are running out of other options fast, next will negative interest rates then what? If they do implement a gold revaluation it could literally go to $5000 + overnight. http://www.zerohedge.com/news/2016-02-02/coming-revaluation-goldhttps://www.google.co.uk/?gws_rd=ssl#q=gold+revaluation&tbs=qdr:m |
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US also should not make wars around the world....blabla
....
 Welcome to the pleasure dome of Ignorance. And I thought ISIS would be the last to use such a shabby excuse... Should they let people die who are in need of help? Werent those ppl from iran just crying out that THE WORLD should not only watch? now what? Truth is the us citizens have to pay for the safety of people around the world. thats called responsibility. If you think the US involves itself or starts wars across the globe for the benefit of the countries people then you are naive. There is only one reason the US gets involved - natural resources such as oil, gold etc. There are several examples in modern history of the US sitting and watching while genocide was carried out as there was nothing of value to plunder after the conflict. |
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Until they ban bitcoin and impose long prison terms for those caught using it.
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Just left him some default negative trust.
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Sounds pretty much like the same thing gordon brown did in the uk, sold off Britains gold reserves at knock down prices......  We still have 300 tonnes allegedly |
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i would definitely pick bitcoin because it is the best investment option and because its price might grow in a short period of time
For now bitcoin is best investment as you can double money in few months.. But gold is something else, store value without any needs for maintenance or network support or other.. I think its how you look at it, gold is much better on a long term although the gold is getting less stable these days. The bitcoin is better for a short term, but you can also do it on a long term for sure. I choose for the bitcoin. If we look at the entire concept of bitcoin and gold then I think bitcoin is always good for short term, that's true that gold is also not that stable at a moment, but in long run gold can offer us more benefits. Gold is not that stable at the moment? By that you mean its climbed about 15% this year so far |
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