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Ya Gotta Have Faith, Man.
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35 Comments

  • April 13, 2023 at 12:05 am
    Too Tall

    Fort Knox resembles Al Capone’s vault with Jerry Rivers standing in front of it.

    REPLY
    • April 13, 2023 at 11:05 am
      WayneM

      Geraldo; an idiot, full of sound and fury; signifying nothing.

      REPLY
  • April 13, 2023 at 12:13 am
    ULTRA-MAGA TOP DAWG JTC

    No, see it’s like these bullion dealers who sell you gold but then graciously agree to store it for you. Just because it’s bought and paid doesn’t mean it’s actually, you know, there. Don’t you know how a pyramid scheme works?

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    • April 13, 2023 at 2:37 pm
      President Elect Toxic Deplorable Racist SAH Neanderthal B Woodman Domestic Violent Extremist SuperStraight

      Find a local coin shop.
      Pay cash.
      Be the Gray (Wo)Man.

      REPLY
      • April 13, 2023 at 8:38 pm
        JTC

        Yep. That was my customer base.

  • April 13, 2023 at 12:19 am
    Kafiroon

    In the case of believing the govt., we all have as much gold as Fort Knox.

    REPLY
  • April 13, 2023 at 12:21 am
    Too Tall

    Probably no shortage of Tungsten in Fort Knox, however.

    REPLY
  • April 13, 2023 at 12:30 am
    rickn8or

    Funny thing about that Fort Knox gold; everyone that talks about auditing it… dies.
    JFK for instance…

    REPLY
  • April 13, 2023 at 12:37 am
    resolute

    Talk of Fort Knox brings to mind Reagan’s famous speech “A Time for Choosing” when he said: “We have 15 billion dollars in gold in our treasury. We don’t own an ounce!” This was back in October, 1964.

    REPLY
    • April 13, 2023 at 8:46 am
      John

      Nixon took us off the gold standard for just that reason.

      REPLY
  • April 13, 2023 at 5:19 am
    Bren

    I’d venture to say, given who she’s related to, she’s got considerably more physical gold in her depository than Fort Knox.

    REPLY
  • April 13, 2023 at 5:44 am
    NotYetInACamp

    I find that grifters always go after accumulated capital.
    Especially when confidence and faith that the capital is there has some sort of assurance.
    The people who are the actual full faith and credit of the nation and the providers of the production of wealth and those who provide the kinetic will eventually stop the scam.
    Many of the American people have been scammed in many ways for a long time. Discussion by the people such as happens here and elsewhere leads to individuals making individual decisions and then more seeing and understanding the questions and the situations.
    In a world of grifters, honest actions have even greater power.
    Those who are the real full faith and credit of our nation will reassert it.
    Bullion is a non counterparty means of enabling economies to transact business in our technologically advanced age. Tally sticks did it for about 800 years once.
    Grifters have taken the center.
    We shall see how civilization reasserts itself.
    Brute force is not civilization.
    Those who implement that brute force have set the greatness of the civilization. The enabling of honest trade is very important.

    REPLY
    • April 13, 2023 at 9:23 am
      John

      The modern version of the tally stick, Bitcoin, threatens the whole scam because it is a _public_ ledger system that requires only a computer and electricity. No bank vault to raid required.
      The central banks are terrified of it because its adoption will cripple their respective nations ability to make war, both on other nations and on their own populace, through a host of different scams.
      Gold, like any other commodity, has its place in the scheme of things and has the additional advantage of a long tradition behind it. But Bitcoin, being peer-to-peer, doesn’t require anybody’s “full faith” in _any_ third party grifter. There’s never going to be an FDR to make it illegal and confiscate it.
      Politically speaking, it’s impossible to convert for the time being, but after the “Great Crash” breaks the system we would be wise to dump the Federal Reserve and go on the Bitcoin standard.

      REPLY
      • April 13, 2023 at 8:40 pm
        Too Tall

        John,

        In *theory*, if you were to say “crypto,” and, IF big IF, the algorithms were public knowledge and subject to Independent Verification & Validation (IV&V) as, for example, is open source software or public key encryption, you might be correct.

        For example, in *theory*, a crypto currency based on a limited subset of non-Mersenne Prime Numbers could work if the implementation algorithms were known and subject to IV&V. Otherwise the best one can say is “Not Proven” and that the existence of vulnerabilities and back doors, inadvertent or deliberate, is almost a certainty.

        At this point, trust in BitCoin, or any other crypto currency, is an act of religious belief, with no proof in reality.

      • April 13, 2023 at 11:50 pm
        ULTRA-MAGA TOP DAWG JTC

        Oh, but they have their own crypto all ready and waiting for you, and theirs carries the full “trust and faith of the US government” as linked downthread:

        https://www.kitco.com/news/2023-04-13/Banking-crisis-by-design-will-lead-to-crisis-CBDCs-and-full-surveillance-economy-Lynette-Zang.html

        We are fucked. Unless…

        CRA Now!

    • April 13, 2023 at 9:32 am
      Kafiroon

      Maybe the funds in IRAs, 401s, retirement accounts, individual accounts, or whatever source, is why “the govt.” wants to switch everything to “Computer Money” With a 50% “service fee” of course. Wholesale robbery is the last step before the whole county finishes flushing down.

      REPLY
      • April 13, 2023 at 4:29 pm
        Paladin

        I believe Argentina took all their peon…er citizens 401K’s, to spread around justly. Since not everyone had saved for their old age.

  • April 13, 2023 at 6:40 am
    eon

    At the spot price of $64,653/kg, 8,000,000 kg is worth $517,224,000,000.

    The national debt is $31 trillion, more or less.

    It occurs to me that disposing of 483,669 kg of that gold would cover the outstanding debt.

    Which makes me wonder why they haven’t done it already.

    clear ether

    eon

    REPLY
    • April 13, 2023 at 8:10 am
      Deplorable MAGA Mutt-PaulS

      I think you are illustrating the general lack of comprehending what a Trillion is. If your math is correct you have half a Trillion to apply to a 31 Trillion debt, and that answers the question as to WHY it hasn’t been done.

      REPLY
      • April 13, 2023 at 8:46 am
        Unca Walt

        (*snork*) Beat me to it. Paying off the bookie with half what you owe him… just ain’t gonna fly.

        Of course, the REAL question oughta be:

        “WHO do we owe this gold to?”

      • April 13, 2023 at 10:43 am
        ULTRA-MAGA TOP DAWG JTC

        So the ChiComs are buying all the gold and dumping all their dollars…

        That’s a pretty good clue about things to come.

        I counsel default.

        Then, CRA.

      • April 13, 2023 at 10:52 am
        ULTRA-MAGA TOP DAWG JTC

        *Knox Knox*

        Who dares?

        CRA.

        CRA who?

        See…are a commie killer!

  • April 13, 2023 at 7:35 am
    MasterDiver

    Paging Mr. Goldfinger. Mr. Auric Goldfinger. Your withdrawal is ready.

    Zar Belk!

    REPLY
  • April 13, 2023 at 8:34 am
    Bill

    Slight rounding error there.

    REPLY
  • April 13, 2023 at 9:30 am
    WayneM

    For some reason, I thought the US dollar was back by oil…

    Oh wait… Brandon sold off the reserve of that too.

    REPLY
  • April 13, 2023 at 11:47 am
    ULTRA-MAGA TOP DAWG JTC

    What’s more critical than gold and held there at Fort South Fork Texas?

    https://www.msn.com/en-us/news/us/18000-cows-killed-in-explosion-fire-at-texas-dairy-farm-may-be-largest-cattle-killing-ever/ar-AA19NgVH?ocid=hpmsn&li=BBnb7Kz

    Can’t tell me something evil and nefarious is not involved with this shit;

    REPLY
  • April 13, 2023 at 12:15 pm
    Butte Bill

    At the spot price of $64,653/kg, it would only take 480 million kilos of gold to pay off the on budget national debt of 31 billion dollars.
    THEN we could finance all those fun projects …

    REPLY
    • April 13, 2023 at 12:46 pm
      Kafiroon

      “we finance all those fun projects” now, banking on the 480 million kelos of gold.
      Now it ranks right up there with “This Is The Greatest Asministration – Ever!”

      REPLY
    • April 13, 2023 at 1:32 pm
      ULTRA-MAGA TOP DAWG JTC

      X1000 there Butte Bill…

      REPLY
    • April 14, 2023 at 8:45 am
      Deplorable MAGA Mutt-PaulS

      “ national debt of 31 billion dollars.”

      See, for those still grounded in some sort of reality, it’s impossible to say, and I know you know what you were saying. 🙂

      REPLY
  • April 13, 2023 at 2:11 pm
    cb ~

    Since the ‘national debt’ was created by simply adding zeros (backed by nothing) to the balance sheet, gimme an eraser, close your eyes for a minute… done and done. I don’t like complications.

    REPLY
    • April 13, 2023 at 2:31 pm
      ULTRA-MAGA TOP DAWG JTC

      Irrelevant to planned default, aka “strategic walkaway”.

      REPLY
  • April 13, 2023 at 2:11 pm
    Pamela

    There is more Gold in Rappers Grills than in Fort Knox

    REPLY
  • April 13, 2023 at 5:47 pm
    Advo

    I’m sure that the gold in Fort Knox is secure through the presidencies of Clinton, Obama, and Biden. Wherever it went to, it’s secure.

    Did I say “in” Fort Knox? I meant “from.”

    REPLY
  • April 13, 2023 at 11:37 pm
    JTC

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