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7
bEsT PotUS iN hIsToRy!¡ (files.catbox.moe)
posted 29 days ago by RealWildRanter on scored.co (+0 / -0 / +7Score on mirror )
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Jarilo on scored.co
29 days ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Central banks are not planning to revalue gold in the sense he seems to be suggesting. They are not talking about "increasing the value of gold" in general. This is nonsense. Not sure if he is dumb or thinks his audience is.

The internal accounting value of gold they are holding has not been changed for decades and is at $42.22 per troy ounce. They are planning make updates to the accounting, so that it reflects the current market prices. They are not going to arbitrarily cause the price of gold to be $20,000.
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RealWildRanter on scored.co
29 days ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
He's pandering to his sponsor which is one of those scam gold companies. Though he might be on the right track about USD devaluation which would suck for pretty much everybody except for exporters and tourism industry which is a major source of illegal immigration.
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PSX_X on scored.co
29 days ago 0 points (+0 / -0 ) 1 child
> *"Guys, I think the dollar is about to tank. If you don't act soon to protect your family, well ... I'm just glad that my friends at Gold Line are willing to accept your soon-to-be-worthless dollars to give you their precious, precious gold. Don't delay, guys. Give our friends at Gold Line all your worthless money in exchange for these shinny coins. Protect your family, guys! You won't regret it!"*
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RealWildRanter on scored.co
29 days ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
There's that. However the dollar has been tanking due to mismanagement from the FED and the current and previous administrations. I don't think the solution is neither gold nor bitcoin. I've posted it here so we could get a discussion started on this matter.
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PSX_X on scored.co
29 days ago 0 points (+0 / -0 )
I'm not sure if we had this discussion before, but the reason I don't like gold is because they "tax" you on the way in and then they really tax you on the way out, meaning you're lucky if you make a marginal profit over what you paid to "buy in."
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