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Doug Eberhardt's Comments Page 54

Jasonc, i'm not sure if you read what i wrote or not.Agree with your housing statement too, which shows deflation, not inflation.The reason people run to gold is because governments(Fed and other central banks)Only know one way to fight deflation;Print.Congress can't see past their noses and leaves this future worry to future generations.So the youth of today has the baby boomers to thank for this debt.How do you think they feel about it?Or is this a nonissue for you?If it is a nonissue, then why?What rabbit does the fed still have left in the hat to pay for all these things with unemployment still high and the debt to gdp ratio rising with more debt and less production as a nation?

Jun 1 04:27 PMI understand Jim, but what I got from what you claim as"Fact"Is you dictating what others should believe, including you being against competing Ralph Lauren Outlet currencies.That's how i interpret it.It's not with you because you want to dictate a national currency(Which i might have construed you being in favor"Of"Federal reserve notes, and that may not be the case since you have"Very little").That's why states are putting forth legislation to do so.You may not agree with what they are doing, but it is occurring.You've been given a voice you don't want itit seems to be the rule of thumbdon't be tricked by what you seeyou've got two ways to goi'll say it again in the land of the freeuse your freedom of choicefreedom of choicedevo

Jun 1 03:40 Louis Vuitton Bags uk PMNot at all JasonC, I am explaining how a currency(Icelandic krona)Can deteriorate quickly even with good economic numbers because of what the banks did.The same thing is happening here, but no one is writing about it.While we are not iceland, our economic numbers are worse and banking situation is in peril.Why else would the federal accounting standards board, fasb, allow the banks to mark to fantasy their assets?Can i mark to fantasy my assets?Why not?I'm just advocating insurance against this with gold and silver.You don't have to, free will and all.

Jun 1 01:33 PMFederal Reserve Notes are not in the constitution either.End of discussion.The same economic geniuses who got us into this mess.While you may Believe they can get us out by somehow making the federal reserve notes stronger, and despise gold because of your economic genius, then don't buy gold.Keep your federal reserve notes and"Believe"In them, because in the end, that's all you have.Frns with 40 years of history without a relationship to gold versus over 5, 000 years of history as money, something the rest of the world understands, i'll believe in gold.Constitution aside, you put your faith in that little piece of paper and good luck to you.Now go ahead and claim victory over doug and go wallow in your frns.

Jun 1 12:36 PM"Multiple currencies circulating side by side are a poor choice. "Who are you to decide this?Smells like a dictatorship to me. "Based on powers given to congress in the constitution. "Of which was originally redeemed in gold, and congress subsequently reneged on this relationship and nowFederal reserve notes are redeemable in, well, moreFederal reserve notes.But you are ok with this, i know jim.It's just ok because congress says it's ok right? "Adding gold to the money supply will change that how exactly? "I never advocated this.I said give people a choice.Let them choose between something that holds its value over time and has no counter party issues or debt;Gold and silver, and something that loses value over time;Federal reserve notes.

Jun 1 11:57 AMbUtah has a competing dollar Jim.Do they not stamp $50 on every 1 ounce american eagle gold coin?Why do they do that jim?Is a 1 ounce american eagle gold coin worth $50?It is up to the retailer to take them at face value or not, which is what utah representative brad galvez told me.It's happening more and more.States will trump everything else the government does.