Federal Reserve wont let Germany see all its gold...lolol

[Wiggs]

Wow. lol

[Wiggs]

It's obvious it's not all there or there at all because they wouldn't let them go in the room to inspect it. Talk about evil and criminal. The reason they won't let them have it is because it's counter productive to the NWO. If Germany or any country for that matter is backed in Gold, NWO could never happen. They won't or anyone else including the U.S. will never see any of that Gold.

[Irongrip400]

Simon Gruber is on the case Wiggs. He's pissed after some flat footed Irishman threw his brother off of the Nakitomi Towers a few years back. For too long the West has conspired to steal the riches of the East. He's here to level the playing field.

[ukjeff]

Lol at the importance of Gold.  

[Zillotch]

Lol at the importance of Gold.  

Imbecile. 

[El Diablo Blanco]

The fact the world still puts huge monetary values on gold, silver and jewels is laughable.  Jewels have their place in some mechanics but that's about it.

Now to the usa.  Are you saying some stealing and over lending is going on?  Say it ain't so.

[ukjeff]

Imbecile. 

What gives gold its value?

[Wiggs]

What gives gold its value?

The demand for it.
It's usefullness other than nice shiney objects.
It's rarity

[ukjeff]

The demand for it.
It's usefullness other than nice shiney objects.
It's rarity

Try again
How much is an ounce of Gold worth.

Lol at "rarity"

[Wiggs]

Try again
How much is an ounce of Gold worth.

Lol at "rarity"

When they take it all and theres only so much available to the public, Yeah, rarity.

[King Shizzo]

Simon Gruber is on the case Wiggs. He's pissed after some flat footed Irishman threw his brother off of the Nakitomi Towers a few years back. For too long the West has conspired to steal the riches of the East. He's here to level the playing field.

I get the Die Hard reference 

[ukjeff]

When they take it all and theres only so much available to the public, Yeah, rarity.

Stop dodging the question wiggs.

[Wiggs]

Stop dodging the question wiggs.

I know there are things more expensive per oz. genius, That's why I gave you those three things. It's been used thousands of years as "money". It's the best energy conductor on this planet.

[ukjeff]

You are missing the point.
Try this, without the existence of money, how much is gold worth?

See, not a lot, its money that has the worth, not the gold.
It's the medium of exchange.
If you had a big bar of gold the first thing you would have to do for it to have any value is exchange it for cash.   

[ukjeff]

It's the best energy conductor on this planet.

I have a feeling its silver but you might be right.

[Wiggs]

You are missing the point.
Try this, without the existence of money, how much is gold worth?

See, not a lot, its money that has the worth, not the gold.
It's the medium of exchange.
If you had a big bar of gold the first thing you would have to do for it to have any value is exchange it for cash.   

Dude, they've used gold coins in the place of small money. People didn't have bars of gold.

[calfzilla]

I think diamonds are more rare and worth more. I could be wrong though.

[ukjeff]

Dude, they've used gold coins in the place of small money. People didn't have bars of gold.

I know it was used as money, it was because it didnt rust.

Fact remains it's not used as a medium of exchange anymore.
We have moved on.
I know countries use the gold standard to maintain wealth and financial markets but they could just as well use pink clothes pegs as long as everyone agreed.

[Rami]

You guys don't understand, we're just playing a game, we all pretend, or it would fold like a card house.

Value of money is all pretend. Humans can get a lot done if we all participate in this game.


It's all worth it and pretty fun, too.

[Wiggs]

I think diamonds are more rare and worth more. I could be wrong though.

As are platinum and tanzanite even more so. But Gold has multiple uses which make it even more precious.

[ukjeff]

Value of money is all pretend.

Agreed, money has value because everyone agrees it has value, simple.

[Teutonic Knight]

Stop dodging the question wiggs.

WHITE guy Judah loved shiny roman coins & sold out his BLUE EYED BLOND buddy Jesus  

[Wiggs]

I know it was used as money, it was because it didnt rust.

Fact remains it's not used as a medium of exchange anymore.
We have moved on.
I know countries use the gold standard to maintain wealth and financial markets but they could just as well use pink clothes pegs as long as everyone agreed.

No because everyone can make and has access to pink clothes pegs. It has to be a natural resource with a certain degree of rarity.

[no one]

'guess you think I'm kicking you, Bob. But it ain't so. What I'm doing is talking, you hear? I'm talking to all those villains down there in Kansas. I'm talking to all those villains in Missouri. And all those villains down there in Cheyenne. And what I'm saying is there ain't no whore's gold. And if there was, how they wouldn't want to come looking for it anyhow.'

[Z Father]

Dude, they've used gold coins in the place of small money. People didn't have bars of gold.

Yeah but when the "apocalypse"  (hahahahaaaaaa ) comes... it won't be worth anything. It's a heavy hunk of shiny metal.