Quote:
Originally Posted by $5 submissions
You have a point there. It's a form of FORCED VALUE. Gold, on the other hand, is market-determined. Hard to corner that market. See the Hunt brothers' sad experience with silver.
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They have been intentionally keeping the price of gold down. If you don;t have the actual gold you have a piece of paper that says you have gold. Same as your dollars. In addition they have been selling gold (on paper) on a reserve basis much like the banking system. IE they sell gold certificates 10x the amount they have on hand.
As far as the OPs original post the simple answer is YES and thats what I've been talking about on here forever.