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  1. #1
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by <MADDOG> View Post
    Roughly 27.5 lbs for the challenged.

    With Russia buying 7 MT's very recently...(hence pic)

    Vladimir, for all intents and purposes, has put NATO in a bad position. Why the gold?
    More govt's will accept it over the dollar, wouldn't you.
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  2. #2
    Machine Gunner <MADDOG>'s Avatar
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    Quote Originally Posted by Great-Kazoo View Post
    More govt's will accept it over the dollar, wouldn't you.
    That's a financial adviser's position Great One ; therefor I abstain from comment...I am merely pointing out that the "former enemy" is buying a metric shit ton of gold.
    "The best argument against democracy is a five-minute conversation with the average voter." Sir Winston Churchill

    “It is well for that citizenry of nation are not understand banking and money system, if they are, I believe there would be revolution before Tuesday morning.” Henry Ford

    My feedback: http://www.ar-15.co/threads/33234-lt-MADDOG-gt

  3. #3
    CO-AR's Secret Jedi roberth's Avatar
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    Gold is under $1300 now, silver is lower too, buy the dip.

    I think that Russia, China, and maybe India are getting ready to vie for the title of World Reserve Currency; I think the Saudi's (OPEC) are looking to replace the petrodollar with something else.

  4. #4
    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by <MADDOG> View Post
    That's a financial adviser's position Great One ; therefor I abstain from comment...I am merely pointing out that the "former enemy" is buying a metric shit ton of gold.

    The move, IMO, is to replace or seriously destabilize the Dollar. This admin is more interested in amnesty for illegals, pushing the race card , telling women R's want to kill them by denying abortion services, you name it. Than what is happening on our doorstep.
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  5. #5
    CO-AR's Secret Jedi roberth's Avatar
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    Quote Originally Posted by Great-Kazoo View Post
    The move, IMO, is to replace or seriously destabilize the Dollar. This admin is more interested in amnesty for illegals, pushing the race card , telling women R's want to kill them by denying abortion services, you name it. Than what is happening on our doorstep.
    Destabilize the dollar, exactly what QE is doing. The current US debt is 17.5T, it will NEVER be paid off. PMs are one of a few vehicles that can be used to store real wealth for the long term.

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