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JackBauer |
| December 28, 2010, 10:17pm |
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I hear that within the next couple of years, the government will buy ALL the gold. They want to control the gold since it is the plumb line for the ever shrinking dollar. THEY want to control the gold and the price of it!
A gold recall is possible, but not highly likely. SGOL is safely in Switzerland vaults and out of the reach of the type of recall previously issued in the 1920's I think? |
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bumblethru |
| December 28, 2010, 10:31pm |
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A gold recall is possible, but not highly likely.
SGOL is safely in Switzerland vaults and out of the reach of the type of recall previously issued in the 1920's I think?
I hope you're right but the government knows that it is GOLD that is the informational international plumb line for the shrinking dollar. It would make perfect sense (not that I agree) for the government to recall ALL gold. And in our global economy, I don't think it would be that hard of a hard task. |
| If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy. -James Madison
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DemocraticVoiceOfReason |
| December 28, 2010, 11:17pm |
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A gold recall is possible, but not highly likely.
SGOL is safely in Switzerland vaults and out of the reach of the type of recall previously issued in the 1920's I think?
You are better off with the actual gold physically in your possession. |
| “And yet our opponents tell us not to interfere with abortion. They tell us not to impose our morality on those who wish to allow or participate in the taking of the life of infants before birth. Yet no one calls it imposing morality to prohibit the taking of life after a child is born. We’re told about a woman’s right to control her own body. But doesn’t the unborn child have a higher right, and that is to life, liberty, and the pursuit of happiness?” – Ronald Reagan |
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boomer |
| December 28, 2010, 11:35pm |
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DVR is right. You Reps caused this economy. How's your War economics working for you now? You expect Obamam to clean up eight years of the Bush disaster overnight. He needs to get us out of the war now--just a reminder that its a war that BUSH got us into. For elephants you guys sure have short memories. |
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Shadow |
| December 28, 2010, 11:40pm |
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The financial meltdown was caused by the housing crash compliments of Barney Frank and Chris Dodd both Dems by forcing banks to give loans to people who couldn't afford to pay the mortgages. |
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benny salami |
| December 29, 2010, 12:26am |
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 How's the Obama stimulus working for you? More debt that all the other Presidents combined and national unemployment keeps going up. His foreign policy is another disaster. Doubles down in Afghanistan, says nothing when North Korea goes nuclear/bombs civilians and refuses to support democracy in Iran. |
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bumblethru |
| December 29, 2010, 12:36am |
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And Reagan inherited his economic mess from who????
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| If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy. -James Madison
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CICERO |
| December 29, 2010, 1:04am |
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We're still talking about Schenectady right? Why the hell are we talking about Obama and Bush? Did I miss something, was Schenectady flourishing during the Clinton 90's? Schenectady has been a sh!thole for at least 3 decades. For you guy to even take each other seriously with the "blame Bush" "blame Obama" debate is humorous.
The fact is, NYS has been running at a deficit for a very long time, and they have been passing down un-funded mandates to the local levels in order to reduce the state budget. All the while having hat in hand begging for federal money to fill the gaps in the budget, and pay for pet projects. Now in 2011, we have a new congress to be seated and all bets are off when it comes to federal money bailing out these fiscally irresponsible states like NY.
The housing market has remained fairly stable in the Capital District during this national economic housing crisis. The Capital District was insulated from market volatility due to the large number of government workers. If the federal funding taps gets shut off to the states, I predict you will see a large drop in housing prices, as it will be inevitable state jobs and programs will get cut.
So stop with the blame Bush, blame Obama B.S. This is our OWN dysfunctional government that caused this mess. If New Yorkers are looking to blame the president of the Republic for our states problems, they are starting at about 10 layers removed from where the issue lies, and that is with the people, and their ignorance of government and basic economics. |
| A newspaper is a device for making the ignorant more ignorant and the crazy crazier. ~ H.L. Mencken Democracy is the theory that the common people know what they want, and deserve to get it good and hard. ~ H. L. Mencken The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. ~H. L. Mencken
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JackBauer |
| December 29, 2010, 1:11am |
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You are better off with the actual gold physically in your possession.
Yeah but there are risks and challenges with that - plus physical gold is taxed as a collectible, so you pay much higher taxes on gains. But you can buy SGOL in your Roth IRA.... |
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DemocraticVoiceOfReason |
| December 29, 2010, 2:33am |
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Yeah but there are risks and challenges with that - plus physical gold is taxed as a collectible, so you pay much higher taxes on gains.
But you can buy SGOL in your Roth IRA....
What Uncle Sam doesn't know won't hurt him. LOL |
| “And yet our opponents tell us not to interfere with abortion. They tell us not to impose our morality on those who wish to allow or participate in the taking of the life of infants before birth. Yet no one calls it imposing morality to prohibit the taking of life after a child is born. We’re told about a woman’s right to control her own body. But doesn’t the unborn child have a higher right, and that is to life, liberty, and the pursuit of happiness?” – Ronald Reagan |
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bumblethru |
| December 29, 2010, 2:28pm |
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Yeah but there are risks and challenges with that - plus physical gold is taxed as a collectible, so you pay much higher taxes on gains.
But you can buy SGOL in your Roth IRA....
the less the government knows, the better. Money and gold in your home safe is the only way to go!! You don't want yourinvestment portfolio 'out there' do you? Oh perhaps your simple, run of the mill investments....ya know, the ones that pretty much blend in with everyone elses is ok. As far as gold....keep it private and tangible. And do the same with as much money as you can! IMHO of course |
| If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy. -James Madison
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JackBauer |
| December 29, 2010, 6:09pm |
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Agreed guys - I may buy some and store it in a safe location... Not sure if Ferris' will do an all cash transaction without recording names.
(I know the blasted healthcare bill however does require all coin/gold transactions in 2012 to be "filed" to prevent the under $10k transactions from being "missed") |
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bumblethru |
| December 29, 2010, 6:22pm |
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there will always be people out there to give you cash for gold. |
| If Tyranny and Oppression come to this land, it will be in the guise of fighting a foreign enemy. -James Madison
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