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[–] 420ninja ago 

1 )gold will always go up its a rare metal as titanium, palledium, silver and platinum..

2) as per nasdaq, nyse, and dow... all markets are up except realestate.. riets are holding and dropping. and that is an indictactor of people not buying homes from real estate companies.. where as zillow is UP big time.. which means people are buying homes via I-realtors... .

3) with a gold backed dollar the buying powernof a dollar will be that of 12-15 dollars now.. OR. when the gold back currency finishes the will be a stimulus to eavh american with a bank account... and then a pick up window at ssa office .... #learnEconomics

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[–] Paladin_Diver ago 

We don't really have a Plunge Protection Team right now: ZeroHedge

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[–] 102476reg [S] 0 points 1 point (+1|-0) ago 

good

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[–] Paladin_Diver ago 

I’m very much net short, but a market collapse (intensified by Lagos) does not help Trump.

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[–] TheAnonymousWorker 0 points 1 point (+1|-0) ago  (edited ago)

I have been buying 1 ounce silver ingots for a couple years now. Typically i Buy 2 lbs at a time. Good hedge against fiat currency and historically i think gold is about 9X rarer than silver yet in recent times gold has been valued at about 85X silver. It looks like the value of silver has been artificially suppressed by banks that are hoarding physical silver and selling it on paper to disguise what they are doing.

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[–] 102476reg [S] ago 

yes

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[–] Caliope 0 points 1 point (+1|-0) ago 

Sure glad my dad bought gold and silver coins in the 1950's. I got to dig them out and see what I inherited 50 years ago. In a footlocker he brought back from the pacific in 1945. Lot of gold teeth in there too from dead japs, about 5 lbs of them I think.

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[–] Magill50001 ago 

Your dad sounds hardcore

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[–] Caliope ago 

He was, Marines 1939 to 1959.

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[–] 102476reg [S] 0 points 2 points (+2|-0) ago 

Holly shit 5 lbs. of gold teeth is 125 ounces. You are rich in gold teeth right now, about $210,000. worth of teeth right there. Wait till the wealth transfer and you will have many millions worth in gold.

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[–] suave200 ago 

I think gold tooth crowns are 12-18 carot, not pure gold but still quite valuable.

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[–] Caliope 0 points 1 point (+1|-0) ago 

I'll have to ask around about a small kiln to melt the gold teeth, I'll have to soak them all in acid first to remove the actual teeth. Couple of jawbones in there too, I think. My dentist at the VA told me one time that "old" teeth were usually filled with what she called a "gold foil inlay" which was 24 carat gold foil tamped down into the tooth then molded by some kind of tool. Said it was very time consuming and painful. Told me that cast gold teeth were usually 14 or 16 carat gold. Modern Methods use a porcelain casting with a very thin layer of gold. I didn't tell her why I was asking, of course. Anyway, if I can melt that gold into a thin layer or an ingot, that can be sold to a commercial gold dealer. Have to study up etc etc etc. OTH, I kinda like having an old WW2 gas mask bag full of jap teeth in the basement.

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[–] waldo1899 0 points 1 point (+1|-0) ago 

I'd be quietly turning the gold teeth into cash & putting it into a AAA gold stock.....never count on government to play fair...and how do account for 5 lbs of gold teeth to the IRS?????????????