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To participate in the forum you must log in or register. | Author |
 Replies: 5 / Views: 334 |
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Pillar of the Community
United States
5821 Posts |
Just thought I'd share a little meme I whipped up:   Edited by barryg
01/29/2026 3:57 pm
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Bedrock of the Community
United States
11880 Posts |
I think FDR poketh a hole in that meme when he prohibited gold ownership in the U.S. in 1933.
Frankly, I think that it was those who hath the sword that maketh the rules. That escalated to those who hath the guns maketh the rules. Now it is those who hath the weapons of mass destruction maketh the rules.
In essence, gold can give you some advantages, but often it makes you a target for those with more firepower.
For multibillionaire oligarchs, those who buyeth the most influence maketh the rules. Those people rely on electrons in electronic ledgers, not gold to store their wealth. That's the 21st century for ya.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Moderator
 United States
187446 Posts |
Truer words... |
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Moderator
Australia
16805 Posts |
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
 United States
5821 Posts |
Quote:
Here's a Wizard of Id comic book cover from 1971 I'm old enough that I probably got it from there in the first place! |
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Bedrock of the Community
United States
10470 Posts |
Quote:
In essence, gold can give you some advantages, but often it makes you a target for those with more firepower.
The US has the most gold and the most fire power. So I won't be worried: " The United States holds the world's largest official gold reserves with over 8,100 tonnes, more than double that of the next highest holder, Germany. Other top holders include Italy, France, Russia, China, and Switzerland"  On the other hand: "Canada is the only G7 country to sell off all its gold reserves. Why? Talk to any gold bug long enough, and eventually you'll hear the same indignant lament: The Bank of Canada was foolish to sell off its gold holdings over the years, leaving it as the only G7 country without any of the shiny metal in its reserves.Oct 21, 2025" |
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Replies: 5 / Views: 334 |
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Posted 01/29/2026 4:45 pm
