REAL MONEY

Via Ben Garrison

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4 Comments
Anonymous
Anonymous
August 2, 2020 9:23 am

Thanks Admin. That one is going on my refrigerator.

e.d. ott
e.d. ott
August 2, 2020 3:42 pm

Get some insurance PM if you still can.
When the LBMA and COMEX contracts blow up in the future it’s going to be next to impossible to get anyone to part with Ag or Au unless they’re desperate.
… and stay outta the big city. They’ll be stealing each others grills and fillings just for the hell of it.

Harrington Richardson
Harrington Richardson
  e.d. ott
August 2, 2020 4:42 pm

The real problem is that so many have no idea that 99% of the “Gold Market” is paper futures contracts. They can declare Force Majeure if they cannot deliver metal and settle in fiat. They can operate forever and not deliver a gram of Gold.

MrLiberty
MrLiberty
  Harrington Richardson
August 2, 2020 4:49 pm

True, but when the word gets out that this is what is going on, the real stuff will skyrocket.

Still going to need food, liquor, copper, and lead.