Aloha GoldNugget
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Delkulara do you think the US dollar is not going to collapse? I mean lose at least third to half its value.Do you think the US Dollar will decline slowly and gently over time?
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IMO
I do not see such a notion to be possible,without a collapse of the earth as we know it,and I certainly do not subscribe to any doomsday thinkers ink & apocalypse scenarios[which are metaphorical] signal a return of the creator aka higher level of thinking to dawn on mankind as we adopt the minds abilities to be able to act as the godlike individuals that BTW we have been instructed to be since the dawn of the written word.
If the dollar were to lose 1/3 value over a long period of time ,we would have adjusting pay increases for the work we do.
Take japan for example their yen after ww2 was devalued dramaticaly,yet they are a prosperous people with great intelligence & the world did not abandon them.there people were not "starving in the streets" after ww2 & in the late 70s started the micro revolution with the tiny transitor WALKMAN unit.
what I am trying to show is that mankind adjusts accordingly to changes this is shown in the fact that we have been stuarts of the earth for millenia & I do not see apes or cockroaches ever being able to do the job.
When the earths currencies were completely backed by gold and silver & gems it was the age of rulers & kings many were unkind and the people were not truely free or able to innovate new ideas into action the way we do today.
When I look at nations today that have its bulk of assets in gold silver and jems [& oil]today,I see places like Iran for ex., dictatorships in africa & leftover kingships that still keep there people from freedom of innovation,after all why create something that your leader can simply take it from you if they wish & not let the individual reap what they sow.this mentality keeps peoples in the stone age.Africa is a wealth of energy in the form of people & resources that cannot be tapped due to its leaders pilfering everything & And if one looks at the middle east one sees class systems that have slavery openly & hidden to this day & underclassed peoples that do all of the work and cannot even get citizenship.A person is either a sheiks line or shreek in fear line there.
[cutting hands off for ex. is not done to the royals there that are bleeding there people dry with theft]
I now wish to show something VERY KEY that is little talked about.
if one looks deeper than when the fed abondoned gold and silver only to back the dollar a person sees things they should be aware of.
LETS LOOK:
2000 $272 price of gold in 2000
1995 $386 price of gold in 1995
1990 $424 price of gold in 1990
1985 $354 price of gold in 1985
1980 $641 price of gold in 1980
1975 $151 price of gold in 1975
1970 $38 price of gold in 1970
1965 $36 price of gold in 1965
1960 $37 price of gold in 1960
1955 $35 price of gold in 1955
1950 $40 price of gold in 1950
1945 $37 price of gold in 1945
1940 $35 price of gold in 1940
1935 $35 price of gold in 1935
1930 $21 price of gold in 1930
1925 $21 price of gold in 1925
1920 $21 price of gold in 1920
1915 $21 price of gold in 1915
1910 $21 price of gold in 1910
1905 $21 price of gold in 1905
1900 $21 price of gold in 1900
1895 $21 price of gold in 1895
1890 $21 price of gold in 1890
1885 $21 price of gold in 1885
1880 $21 price of gold in 1880
1875 $23 price of gold in 1875
1870 $23 price of gold in 1870
1865 $30 price of gold in 1865
1860 $21 price of gold in 1860
1855 $21 price of gold in 1855
1850 $21 price of gold in 1850
1845 $21 price of gold in 1845
1840 $21 price of gold in 1840
1835 $19 price of gold in 1835
1830 $19 price of gold in 1830
1825 $19 price of gold in 1825
1820 $22 price of gold in 1820
1815 $22 price of gold in 1815
1810 $19 price of gold in 1810
1805 $19 price of gold in 1805
1800 $19 price of gold in 1800
The key point is that before they changed it over to a FREE MARKET system gold was dirt cheap,for ages it sat still stagnate at 40 an ounce or less.
Many sat in steams panning there lives away with a false sense of riches while in reality only the very innovative cashed in on large scale production efforts.
**if today a new gold strike was found the masses would not be so stupid!**
If we returned to such a way progress toward enlightenment of the masses would stagnate as well, unless we were the largest holder in hand and in the ground.I do not wish for the world to be dictated to by who has the most gold reserves,which was the old system of concur and pillage,that slowly & safely was being aboandoned after the ww1, unfortunatly it took another ww and a great depressions lessons that we have learned from & have safegaurds built in to the deck to not let happen again.What are these safe gaurds?They are our nations 8 trillion in debt that if others bail on ,shall go down with the ship as well and those that have invested in us only advance as we repay our loans and invest in there development,look at india and china today and one can easily see that there peoples like modern housing & cities ,good jobs ,educations,& better standards of living that sit at there doorsteps and they like this stuff more than us because it happens overnight for them and for us it took a long time to develop and reach, thus we tend to be less appreciative.
America is not perfect & much corruption needs to be addresed and stopped,but the truth is that we are the only ones that care on such a large scale for our neighbors advacement,it makes my heart weep that old George cut down the cherry tree known as the native american nations,but I know it was done for a reason,to advance beyond the bow and away from a harsh existance for the world at large.We left europe to set up the house of freedom
so that we could one day help our families in the old countries and the rest of creation in time.
*** the native American genepool was not extermiated & we are gifted with their suviviors melting in to us all,for they were the only stuarts in FULLY intouch with "the spirit that moves within all things" before we met them AGAIN after 10,000 years without their knowledge***George learned from them & deleloped our democracy from their wisdom we have all we know today.They inspired our American revolultion.& evolvement***
I thank you for asking my opinion GoldNugget for IMO the greatest gift one can give is insight into any ignorance that abounds around & blinds us all from our creators "lost at times" essence.
P.S.
I buy gold because it is noble to touch in hand and gives me insight into the future uses of it that shall save the earth in the future,
it is also a good nest egg
for long term savings IMO.
Peace & Aloha